Posted on 01/06/2012 5:57:49 AM PST by C19fan
Nonfarm payroll employment rose by 200,000 in December, and the unemployment rate, at 8.5 percent, continued to trend down, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in transportation and warehousing, retail trade, manufacturing, health care, and mining.
(Excerpt) Read more at bls.gov ...
Economists/pundits thought it would tick up to 8.7, but it drops. I don’t trust anything coming from this government! What? Another 300,000 leaving the work force or just temp hiring...which I didn’t think counted?
“Job gains were Couriers 42,000 and Retail 28,000, making them the top industry groups for job gains.”
Let’s see, Christmas hiring in retail, and Christmas hiring for couriers because of an expected increase in holiday shipping.
The number I would like to see is the total salary of those employed now vs. 2007. Hiring temporary workers at lower salaries doesn’t a recovery make.
“”“Smoke and mirrors.”
It’s a pretty sad sign of the times....that we cannot believe anything this administration says.”””””””””””””””””””
Don’t you think it is even sadder that we can’t believe anything the DNCmedia says?
Forget a third party.
We need a second one.
Well, the unemployment rate in my immediate family is still 50%.
And in my extended family, it’s still 25%.
I call BS on BO.
“...manufacturing, transportation/warehousing...”
Any way to get the specifics on this?
And most of the stories in retail hiring I saw this season reported that most of the bricks and mortar stores were hiring fewer people than they did last year, and those who were going to be hired were hired later in the season. I can see the warehousing and transpo hires since e-tailing did so well, but the rest of the numbers smell.
Yep, that's what Stuart Varney said on FNC, the report says 50,000 people left the workforce in December.
These phony BS statistics are brought to you by the re-elect Barry in 2012 campaign which so far has been funded by US taxpayers. Wait for a week or two and the numbers will be revised quietly back to higher unemployment levels.
Unemployment would be above 10% If U.S. had 2009 workforce size.
Most of those jobs are probably created in low tax,business friendly states like Texas, something the media will conveniently ignore.
“Seasonally adjusted household survey data have been revised using updated seasonal adjustment factors”
Um.....Every time they release employment numbers they’re “seasonally adjusted”.
How does that make any sense? “Adjusting” the numbers simply introduces room for error.
If they’d report the numbers without adjusting them, the trends would be consistent and there’d be fewer “revisions” in the next month.
I guess using the actual numbers is just too logical for government work.
So if 42000 Couriers were hired in December....I guess the Post Office will collapse in January
If they continue to manipulate the numbers, even a monthly decline of only 0.16% will put the UE under 7% by November.
Incumbency is difficult to defeat.
The MSM/Dems will have The One shining for his Second Coming by election day.
Uh, you could click on the link.
Transportation - 10 new jobs
Warehousing - 3 new jobs
Manufacturing - 7 new jobs
Health care - 1000 new jobs (to fill out more government forms)
Mining - 1 new job
Retail sales - 198,976 new jobs *Merry Christmas*
And Unicorn poop will replace coal in power plants.
Uh, when I say SPECIFICS, I mean just that.
Go to the link in the post and if you go to the bottom of the BLS Summary page there are more detailed tables.
I suspect these numbers are not as massaged as most here think. My wifes business has started picking up, and her business has been sensitive to economic and hiring activity.
It has been said that BHO is the luckiest politician in America, they may be right.
Thanks, but I already did that. I’m looking for names of companies, etc. involved.
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