and Macy's just dumped 4000+labor force participation rate, which has remained mired at lows not seen since the late 1970s, edged higher to 62.6 percent.
I know a lot of local kids had jobs at the Christmas tree lots. That must be it.
And the media NEVER reports on “JOBS LOST” or those who have stopped looking for work. Just more lies.
Lots of jobs created in December.
Snow jobs.
Screw jobs.
Bl*w jobs.
etc. etc. etc.
All those temp shipping jobs at Amazon, FedEx, UPS are gone now, so CNBC will not be celebrating when the next jobs report comes out at the end of January.
The learning curve for a journeyman in our department to become useful is about two years. The only ones we managed to hire and keep as replacements were over the age of 50. The rest didn't like the demands of the job, hours, failed pre-hire drug tests, couldn't show up for work on time every day, failed work keys tests, or are just too dangerous to keep around.(high voltage electricity)
Remember when news organizations didn’t use words like “WHOA!” in their headlines?
Obvious shill is obvious.
Well, let’s see... December holiday hiring showed 17% went to immigrants. It takes 300k jobs just to keep up with the population increase. And, I am sure the labor participation change so slight it will be messaged back to the older number.
December numbers were pretty decent.
It will be interesting if that sustains or if we see a decline next month or two.
Wages fell. GDP for 2015 expected to come in at less than 3%.
IOWs, the same sluggish recovery since June 2009
Awesome of the government to take credit for seasonal employment.
But how many more people were looking for seasonal work and weren’t hired? I was willing to work nights, weekends, and Thanksgiving and Christmas days, and I couldn’t even get an interview. While filling out one application, I saw other people walk into the store to ask about the status of their applications.
Yippee! I’ll let the unemployed and homeless piling up in my town the good news! /sarc
and Macy's just dumped 4000+Big lies!
Stockman: Only 11,000 Jobs Last Month, Not 292,000
NewsMax ^ | 01/09/2016 | David Stockman
Posted on 1/11/2016, 4:06:12 PM by GilGil
So what happened to the non-seasonally adjusted (NSA) job count in December at similar points late in the course of prior cycles? Well, in December 1999 about 140,000 jobs were added and in December 2007 there was a NSA gain of 212,000. This time we got the magnificent sum of 11,000, and by the way, last year was only 6,000.
The real news flash in the December “jobs†report, therefore, is that even by the lights of the BLS’ rickety, archaic and virtually worthless establishment survey, the domestic economy is dead in the water. We are not on the verge of “escape velocity,†as our foolish monetary politburo keeps insisting; the US economy is actually knocking on the door of recession.
http://www.freerepublic.com/focus/f-news/3382446/posts