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Factory orders drop 2.4% in July, layoffs up in August
Hotair ^ | 09/05/2013 | Ed Morrissey

Posted on 09/05/2013 12:00:44 PM PDT by SeekAndFind

Edited on 09/05/2013 12:01:49 PM PDT by Admin Moderator. [history]

The number of planned layoffs at U.S. firms surged in August to their highest in half a year, with industrial goods manufacturers the hardest hit, a report on Thursday showed.

Employers announced 50,462 layoffs last month, up 33.8 percent from 37,701 in July, according to the report from consultants Challenger, Gray & Christmas.


(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: gallup; jobs; layoffs; unemployment
And of course, the Official BLS Unemployment Rate will be steady or even fall... go figure.
1 posted on 09/05/2013 12:00:44 PM PDT by SeekAndFind
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To: SeekAndFind

Figgers. ABC News reported good economic news this morning - unemployment claims down, job gains & stock market up.


2 posted on 09/05/2013 12:03:37 PM PDT by skeeter
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To: SeekAndFind

It’s only going to get worse.


3 posted on 09/05/2013 12:04:30 PM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: SeekAndFind

Recovery Summer 4.0!!! Happy days are here again!


4 posted on 09/05/2013 12:05:40 PM PDT by Starboard
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To: SeekAndFind

It’s a good thing we have Obama in charge! This situation would be a thousand times worse with anyone else running the show! [/breathless Liberal]


5 posted on 09/05/2013 12:07:48 PM PDT by ClearCase_guy (21st century. I'm not a fan.)
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To: SeekAndFind

Get ready here it comes.

BOHICA!


6 posted on 09/05/2013 12:12:44 PM PDT by upchuck (The nobama regime: a string of omnishambles that stretches, seemingly, to infinity.)
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To: SeekAndFind

It’s called propaganda. I’ve noticed that a few more sources are beginning to report the BLS BS with a snigger and a wink.

Even some of those that acknowledge the “massaged” numbers don’t want the BLS to stop. They are afraid of what widespread reporting of the real numbers would do to the fake recovery.


7 posted on 09/05/2013 12:14:14 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
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To: SeekAndFind

That’s weird. Because FOX News Radio’s Lisa Brady always tells me (during breaks from Rush & Hannity) that the economy is humming right along - never uttering any bad news.


8 posted on 09/05/2013 12:14:32 PM PDT by nhwingut (This tagline is for lease)
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To: SeekAndFind

Should be good for +200 on the DOW.


9 posted on 09/05/2013 12:16:03 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: SeekAndFind

Well, looks like the “recovery” is proceeding well.

A few more tidbits of “good” news on this order, and this country will be in reality even worse off than in 1938, the deepest part of the Great Depression.

Can’t wait for the “Pearl Harbor” moment, when everybody unites on going to war with SOMEONE, just to get our factories up and running again, and our own fuel sources churning out at rates that make us totally energy independent.

Fortress America. This is the stuff of video games.


10 posted on 09/05/2013 12:16:19 PM PDT by alloysteel (Those who deny natural climate change are forever doomed to stupidity. AGW is a LIE.)
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To: SeekAndFind

NoThing to see here just move on.
The msm will instruct/ advise you and tell you whats what.


11 posted on 09/05/2013 12:44:16 PM PDT by Recompennation (Constitutional protection for all not just selectively for Democrats.)
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To: alloysteel

“A few more tidbits of “good” news on this order, and this country will be in reality even worse off than in 1938, the deepest part of the Great Depression.”
////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Uh, please tell us one reason to believe we are not ALREADY worse off in reality than in 1938.


12 posted on 09/05/2013 2:56:52 PM PDT by RipSawyer
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