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Productivity Soars at 3.8 Percent Annual Rate; Jobless Claims Drop Again
newsmax.com ^ | 6-3-04

Posted on 06/03/2004 6:20:18 AM PDT by treeclimber

WASHINGTON – The productivity of America's workers in the opening quarter of 2004 grew at a brisk 3.8 percent annual rate, faster than previously thought. Labor costs moved up.

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


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: bushrecovery; claims; jobless; mediaignore; productivity; soars; takethatwillie; thebusheconomy; williegreen
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More good news for the media to ignore
1 posted on 06/03/2004 6:20:19 AM PDT by treeclimber
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To: treeclimber

Any guesses on what the new jobs number will be tomorrow??


2 posted on 06/03/2004 6:28:19 AM PDT by God luvs America (Support Our Troops....Don't vote for Kerry!)
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To: treeclimber
Might be due to the Bush tax cuts those pesky liberals told us would destroy the world . . . or even worse.
3 posted on 06/03/2004 6:29:27 AM PDT by zencat (Visit my profile for MAGNETIC Bush/Cheney '04 bumper stickers!)
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To: God luvs America
Briefing.com has 250K and an unemployment rate of 5.6%.

Deutchse Bank is now calling for 300K and a rate of 5.4%.
4 posted on 06/03/2004 6:31:26 AM PDT by zencat (Visit my profile for MAGNETIC Bush/Cheney '04 bumper stickers!)
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To: God luvs America

Market seems to be expecting payroll growth of 200-300k and an unemployment rate of 5.6%.


5 posted on 06/03/2004 6:37:01 AM PDT by KellyAdmirer
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To: treeclimber

Just received our local Chamber of Commerce's monthly newsletter - they highlight a few statistics comparing figures from 1993 to 2003. Our sales tax collections have increased by 54% during the decade. Most telling are our unemployment figures - 1993 (the year of the rat) was 7.6% while 2003, unemployment dropped to 4.4%. We are at 4.3% today. Not bad at all.


6 posted on 06/03/2004 6:45:50 AM PDT by Quilla (God bless America, President George W. Bush, our brave troops, and Freepers everywhere.)
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To: treeclimber

Will someone please tell Connecticut that this is going on??


...(sigh)...


7 posted on 06/03/2004 6:46:09 AM PDT by RaceBannon (VOTE DEMOCRAT AND LEARN ARABIC FREE!!)
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To: treeclimber; All

We're doomed!!!


8 posted on 06/03/2004 6:50:30 AM PDT by KevinDavis (Let the meek inherit the Earth, the rest of us will explore the stars!)
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To: RaceBannon

You probably don't want to hear this, but perhaps it is worth considering a move. Sounds like they don't need as many people in Conn.


9 posted on 06/03/2004 6:51:39 AM PDT by AFPhys ((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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To: AFPhys

No offence, but that is the 2,000th time I heard that, and here is the same answer

WITH WHAT MONEY???


10 posted on 06/03/2004 6:53:50 AM PDT by RaceBannon (VOTE DEMOCRAT AND LEARN ARABIC FREE!!)
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To: treeclimber

All together now.

TDIDS!


11 posted on 06/03/2004 6:54:39 AM PDT by The South Texan (The Democrat Party and the leftist (ABCCBSNBCCNN NYLATIMES)media are a criminal enterprise!)
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To: The South Texan

12 posted on 06/03/2004 6:57:56 AM PDT by Momaw Nadon (Goals for 2004: Re-elect President Bush, over 60 Republicans in the Senate, and a Republican House.)
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To: treeclimber

"More good news for the media to ignore"

I just laugh when people tell me the media isn't biased. This week with the Iraqis beginning their own government, and the fantastic economic news, the lead story page of our hometown newspaper was about Bush "scouring old campaigns for pointers". Today it is "Troops having extended stays".

I'm still waiting for someone other than Fox to cover one of the major scandals of this century, the Oil for Food UN scandal.

I'm not holding my breath, but their lack of coverage is why I don't buy it (newspapers) and don't watch it (alphabet networks).


13 posted on 06/03/2004 7:01:51 AM PDT by I still care
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To: treeclimber

While the media won't be reporting this, as you suggest, the very bright side is come October the Democrats won't be able to mention the Economy as a reason to dismiss the President.

Have you noticed you haven't heard a thing about the Deficit for about two months now?

Thats because its being paid down very very quickly, far quicker than even the most optimistic believed possible.

Kerry's running out of issues....Its a Good Thing!


14 posted on 06/03/2004 7:07:48 AM PDT by Badeye
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To: RaceBannon

I can not believe someone who is living in America can write such a thing.

Do you seriously contend that you, who have been living in America for years and can speak English, can not find a way to relocate to a place you can find employment? Can you not discover some way to create a job for yourself?

All through the history of this country, all sorts of people have started from BROKE and become modestly wealthy.

You have excuses, for sure, in abundance. Next time, just respond, "That's because the sky is blue." Any excuse is just as good as the next.
.


15 posted on 06/03/2004 7:08:53 AM PDT by AFPhys ((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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To: Momaw Nadon

WGIDS!


16 posted on 06/03/2004 7:26:36 AM PDT by MonroeDNA (Hillary was in charge of the FBI files, which went into a data base: WHoDB. Genious hackers, expose)
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To: AFPhys

Folks like yourself make me laugh.

While I am not in the same situation as RaceBannon, I was there two years ago. I did end up moving and I did end up using credit cards to finance the move. Two years later, I am still paying on them and other debt I racked up while unemployed.

You said, "All through the history of this country, all sorts of people have started from BROKE and become modestly wealthy."

Yes you are right. But I am sure most of those didn't have to sell their old house, buy a new one, pay moving costs, & deposits. Bootstraps are wonderful things to pull yourself up by, but sometimes you need a little more. Luckily for myself, I had a job set up at my destination to begin.

Try to not be so judgemental.

Back to the economy...

Anyone want to place bets that there'll be a job surplus by November?


17 posted on 06/03/2004 7:41:53 AM PDT by cdefreese
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To: AFPhys; RaceBannon
I want to be fair to Race. He is sincere. There are many factors that can affect the cost of a move. Tha being said, he lives in a high-tax, high regulation state and will have trouble finding work until the state changes or he moves.

RaceBannon - I'm trying to get a handle on why you think it is so expensive to relocate. If you have been unemployed for 3+ years, certainly you can't have that many possessions that need to be moved. I assume you live in an apartment. Do you have children (that would be coming with you)? Is there some reason why you couldn't rent a U-haul for 100 bucks instead of hiring one of those shyster moving companies ? Yes, you'll need a couple months' deposit for an apartment. You'll find that in the places that have high job growth, the cost of living is so much lower that 2 months rent = 1 month's rent in Conn, so it won't cost you any extra (especially if you move to a ratty hellhole temporarily till you get a job). Something tells me that a move isn't impossible, it's just impossible under the parameters you've set.

18 posted on 06/03/2004 7:41:56 AM PDT by Warren_Piece (Just thinkin' about women and glasses of beer.)
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To: treeclimber
More good news for the media to ignore

Remember how the partisan press trupeted the loss of jobs over and over and over and over and over.

Now that jobless claims are falling we have the sounds of silence.

19 posted on 06/03/2004 7:44:27 AM PDT by 1Old Pro
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To: Momaw Nadon

He appears to be "deeply saddened" as usual (and this time he has reason to be!)


20 posted on 06/03/2004 7:55:49 AM PDT by Still Thinking
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