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Why a weak jobs report isn’t as bad as it looks (spin cycle)
Associated Press ^ | Feb 7, 2014 5:05 PM EST

Posted on 02/07/2014 6:50:13 PM PST by Olog-hai

… Unemployment didn’t just fall to a five-year low of 6.6 percent; it fell for the right reasons. Nearly 500,000 Americans poured into the job market last month, and 616,000 more people said they had jobs. Previous drops in the unemployment rate had occurred partly because many Americans gave up looking for work and therefore were no longer counted as unemployed.

Factories, mines and construction firms hired at a healthy pace. These so-called goods-producing industries added 76,000 jobs in January, the most since January 2006. Hiring by goods producers is typically seen as a harbinger of an improved job market. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy
KEYWORDS: biggovernment; jobsreport; liberalagenda; unemployment
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To: Olog-hai

Where did the clown who wrote this get his information? From Barry himself?


21 posted on 02/07/2014 8:58:37 PM PST by FlingWingFlyer (ObamaCare. The "global warming" of healthcare plans.)
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To: Olog-hai

Someone I know just left a conference today that was full of bigger league bankers who believe the economy will improve a lot this year - they’re optimistic.


22 posted on 02/07/2014 9:12:39 PM PST by Aria ( 2008 & 2012 weren't elections - they were coup d'etats.)
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To: Aria
I doubt they have the CPC wrapped around their fingers.
23 posted on 02/07/2014 9:16:53 PM PST by Olog-hai
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To: Olog-hai

That young mother who got killed by the driver (the illegal immigrant) was saved from the pain and indignities of old age, that’s good per the AP.


24 posted on 02/07/2014 9:23:54 PM PST by Rembrandt (Part of the 51% who pay Federal taxes)
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To: All

Gallup has Unemployment at 8.6%


25 posted on 02/07/2014 11:33:52 PM PST by Rodney Dangerfield ("It's not a good time for me right now" -- http://therealwendy.com/)
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To: rockinqsranch

Please, how about some advice from a few of our local economic experts? What say you? I’m sure that there must be some here that have opinions....

What say you?


26 posted on 02/08/2014 12:12:40 AM PST by Deagle (ues)
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To: blueunicorn6
lol....Yup!.......and just before they went under they'd curse you for not appreciating their “enlightened” thinking...
27 posted on 02/08/2014 12:38:53 AM PST by M-cubed
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To: jimsin

It's like Bizarro world!

28 posted on 02/08/2014 4:47:24 AM PST by Flick Lives (Got a problem with the government? Have a complaint. Get a free IRS audit!)
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