[SeekAndFind]

It's fun with job numbers Thursday once again...

[rhubarbk]

“providing another sign that the labor market is healing” . . . it’s not healing . . . it’s bled out!

[Buckeye McFrog]

They know that if a Pubbie ever manages to get elected he’d correct the numbers and unemployment would immediately surge to 27 1/2 %.

[Uncle Miltie]

HELOOOOOOO!!!!

There’s nobody left to lay off!

[SoFloFreeper]

Damn, that Obamanomics is miraculous.....

[Longbow1969]

More reason to believe the Bull Market is going to continue to run. They’ll be pullbacks now and again, but we could be looking at Dow 16-17k this year.

[Uncle Miltie]

At the current rate of net hiring, the years required to get back to pre-recession employment rates will be over SEVEN YEARS.

That’s a post-Depression high. No other recession has ever been this bad.

Every single policy implemented has been counterproductive.

At the rate we’re going, we will encounter the next recession before we ever recover from this one.

[Wyatt's Torch]

4 week moving average chart:

4WMA is the lowest since November 2007 and well within (actually below) average (average since 1963 - 363,500).

[Don Corleone]

It's fun with job numbers Thursday once again...

Its not the report...its the revision that tells the tale.

[mykroar]

And I see Tricky Vicki hid the EXpected. From Rueters: "Claims for the prior week were revised to show 3,000 more applications received than previously reported."

[faucetman]

I’ll believe the economy is back when the car dealers lots are near empty. Every dealer’s overflow lots have overflow lots. They are paying interest on all these cars usually monthly.

Even used car lots are full.

[expat_panama]

First-time jobless claims continued their descent last week, falling to their lowest level in more than five years and providing another sign that the labor market---

--still hasn't recovered from the financial crisis even after five long years of struggle...

[txrefugee]

Small business owners have laid off everyone except their spouses in their empty shops. Fewer fired but still fewer hired is not the way to heal this moribund economy.

[Gaffer]

This week's figure reflects a healthier labor market. Economists say the market is in better shape when applications fall below 375,000

Curious. Insightful. Do these prognosticating experts have anything to say about the 4.5 to 8.5 Million fewer jobs (different sources) since the Messiah took office?

These OVER 300,000 claims numbers are WEEKLY! Obama and his media's lies and mistruths about 150K to 190K jobs added are MONTHLY!

It is painfully easy to understand why MILLIONS of fewer jobs are to be had now. Lies, lies and more lies.

[VeniVidiVici]

“Smallest number in five years”. What a joke. Wake me when it’s the smallest number in 10 years.

[Vaduz]

When they pass amensty the nunbers will get lower.

/s

[DoughtyOne]

This is a workup I developed with data found here.  http://data.bls.gov/cgi-bin/surveymost?ce

At that page I selected total private employment and government employment, and ran the numbers.  Once inside the report, I expanded it out to a report from 1939 to the present.

I wanted to get fairly traditional reasoned growth numbers, so starting in 1965 when the figures seemed rather settled, I used those figures until the present time to come up with the information supplied above.

From 1961 through 1964, a rather normal work environment as it relates to job growth took form.  Using figures from the jobs report starting in January of 1953 and continuing on every four years conciding with each new or continuing administration, I developed this report that reveals the jobs created each four years.

What prompted this study, was recent media reports that the economy has really turned around.  I like many of you have been asking, "Well yes, but as compared to what?"  Are we merely talking about the stopped hemeraging, or are we talking about returning to a robust economy that is now nearly healed.

On the right I chose to provide a little gauge of where we really stand comparted to what we should traditionally be able to expect as it relates to jobs in our nation.

I took a fairly level ten four year terms of jobs increases from 1965 to 2001.  I then calculated the total growth over the ten periods, and developed a reasoned average we have come to expect on a normal basis.

Then on the right I plugged in that average growth, and from 1965 on, I calculated what we should expect when it comes to jobs held in the United States.

The figures I came up with are not exact, because they don't fluctuate.  None the less, they hold pretty darned close through 2001.  At that point they are about 734,000 jobs off.  Still that's a fairly accurate model to have held up over 40 years, the four year job growth projection from 1961 through 2001.

For that reason, I think it's a fairly accurate indicator of where our jobs should be today.  How many U. S. Citizens should be employed today?

If you take a look at the figure on the left our government says are employed today, and compare it to what traditiona job growth projects say we should have employed, you'll note we're coming up 40 million jobs short.

To put that in perspective, we are employing 77.013% of the people we should be today.  22.987% of our citizens who should have jobs don't.  That's nearly one in four people.

Moving jobs off-shore, allowing citizens of other nations to come here and take jobs when so many U. S. Citizens are unemployed, to have the highest Corporate tax rates in the world, to actually give tax advantages to corporations that employ people off-shore... our leaders have really worked their magic.

So no, in answer to our reasoned questions, Barack Obama and the Leftist swill have not returned our economy to a healthy status.  And no, our Republican cohorts haven't lifted so much as one finger to change that.

And that's the way it is, May 09th, 2013.