Posted on 09/05/2014 6:31:39 AM PDT by Oldeconomybuyer
American employers hired at a surprisingly weak pace in August, even as the unemployment rate fell slightly, the Labor Department said Friday.
Economists, along with politicians, have been hoping to see a significant rebound in the participation rate as unemployment drops and hiring picks up, but progress on this front has failed to materialize.
(Excerpt) Read more at nytimes.com ...
Another month, another “unexpected”.
It was all that snow we got last month.
Citizens...”All” Voters......across the USA....it is now time to politically destroy the entire Obamabot, Democrat Party. So....come November 4, 2014, vote against every single Democrat running for office in the Mid-Term elections!!! After the miserable, 142,000 jobs report numbers today.....Obama has not only not defended our nation...but he keeps trying to destroy America economically!!! Wise up....vote to save America. Broom the entire Democrat party...politcally, on November 4, 2014!!!
So lets invite more immigrants into the country. /s
“””It was all that snow we got last month.”””
Plus it was windy one day. Maybe that is the reason.
It rained here early in August.
Charting the labor market: Data from the Current Population Survey (CPS)
Less snow than expected idled thousands of snowplow drivers.
This is soooo bogus. A month or two of very small “increases” are invariably followed by a month or two of equal or greater losses. The job picture has been flat for the last 5 years and these very small bumps un and down are nothing but statistical noise. The unemployment figures are completely manipulated by the changing of the definition of “unemployed”. If one figures in the record lack of job market participation (people not working but not considered “unemployed”) then the unemployment rate would be triple what they are reporting now.
This morning, ABC Radio News, after noting that the numbers were less than anticipated opined that the numbers would probably be greater when they are updated.
There... doesn’t that make you feel better that good news in just around the next manipulation.
Must be all those summer jobs ending.
And ATMs.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.