Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

207,000 Jobs Created in July; Unemployment Rate Steady at 5.0%
CNBC | August 5, 2005

Posted on 08/05/2005 5:35:42 AM PDT by RWR8189

In July 207,000 jobs were created, above expectations, and the unemployment rate held steady at 5.0%

Upward revisions for May and June as well.


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: 2004; bls; bush; bush43; bushboom; busheconomy; bushrecovery; ces; cheney; cps; dubya; economy; employmentsituation; ffrhike; goodbyedemocrats; grapesofohwait; gwb; joblessrecovery; jobs; jobsreport; kerry; kerrycries; killmeohwait; nafta; nonfarmpayrolls; omgwearedoomed; payrolls; stagflatiohwait; suicidesolutohwait; suicidewatchforwg; tdids; thebusheconomy; uerate; unemployment; unemploymentrate; weredoomed; wgids; whatsupwillie
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-108 next last
To: Terabitten; ConservativeMan55
We should insist on reporting EMPLOYMENT numbers as:

95% OF THE PEOPLE WHO CAN WORK ARE WORKING!

21 posted on 08/05/2005 5:47:37 AM PDT by Red Badger (Want to be surprised? GOOOOGLE your own name. Want to have fun? GOOOOGLE your neighbor's......)
[ Post Reply | Private Reply | To 3 | View Replies]

To: RWR8189

Great news! Of course Kermit the Frog Greenspam & Co. will raise the interest rates on Tuesday.
Thank goodness that clown is gone at the end of the year!
I wonder how much his wife has made off the Market?


22 posted on 08/05/2005 5:48:18 AM PDT by kellynla (U.S.M.C. 1st Battalion,5th Marine Regiment, 1st Marine Div. Viet Nam 69&70 Semper Fi)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brilliant
It might be very hard to push it any lower, unless that is some sort of permament group in that range. But I am with you, I think it is as you say "frictional" and just the result of market forces and economic dynamics.

Just imagine what "real" tax reform would do.

If they did it right, we would see "Tiger" growth rates, and small businesses explode.

Still, for a "developed" economy to have this much growth, this level of unemployment and this level of inflation is pretty rare today, and has been pretty rare since ww2.

23 posted on 08/05/2005 5:49:06 AM PDT by CasearianDaoist
[ Post Reply | Private Reply | To 11 | View Replies]

To: KevinDavis; StrangerInParadise

Didn't Clinton run his second campaign touting a 5.6% unemployment rate?


24 posted on 08/05/2005 5:50:06 AM PDT by Terabitten (Life, liberty, and the pursuit of all who threaten it.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: ConservativeMan55

The only employment problem I have (and I've talked with a bunch of other businessmen in my area who have the same problem) is that it's impossible to find people to hire, they just aren't out there. I have to go try to steal employees from my competitors.


25 posted on 08/05/2005 5:50:11 AM PDT by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Grampa Dave
A ping to you from Hooverville.
26 posted on 08/05/2005 5:50:41 AM PDT by CasearianDaoist
[ Post Reply | Private Reply | To 23 | View Replies]

To: KevinDavis
I thought it was "Bushiite"? What a great President. Have you seen my latest President Bush picture?

Image hosted by Photobucket.com

27 posted on 08/05/2005 5:50:47 AM PDT by DuckFan4ever (Why doesn't everyone hate Hillary as much as I do?)
[ Post Reply | Private Reply | To 20 | View Replies]

To: RWR8189

Good news! Of course, the democrats and/or whiners will say people are employed, but they are making less money OR some people have just given up finding work because it's the worst economy since Hoover and it's all Bush's fault.


28 posted on 08/05/2005 5:52:04 AM PDT by PilloryHillary (Eva Peron + Chappaqua = Hillary Clinton)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DuckFan4ever; All

Just kidding... This economy is good despite the 9/11 attacks and the corporate scandles that we have..


29 posted on 08/05/2005 5:52:33 AM PDT by KevinDavis (the space/future belongs to the eagles, the earth/past to the groundhogs)
[ Post Reply | Private Reply | To 27 | View Replies]

To: RWR8189

Absolutely awesome.

Also from the other day -- the lowest trade deficit since 1947.

He's made up a third of a trillion in the budget imbalance as well.

Economy's on a roll.


30 posted on 08/05/2005 5:52:54 AM PDT by xzins (Retired Army Chaplain and Proud of It!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Terabitten
Nearly identical:
Labor Force Statistics from the Current Population Survey

Series Id:           LNS14000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1996 5.6 5.5 5.5 5.6 5.6 5.3 5.5 5.1 5.2 5.2 5.4 5.4  
1997 5.3 5.2 5.2 5.1 4.9 5.0 4.9 4.8 4.9 4.7 4.6 4.7  
2004 5.7 5.6 5.7 5.5 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4  
2005 5.2 5.4 5.2 5.2 5.1 5.0 5.0            

 

31 posted on 08/05/2005 5:53:04 AM PDT by RWR8189 (I Will Sit on My Hands in 2008 Instead of Voting for McCain)(No Money for the NRSC)
[ Post Reply | Private Reply | To 24 | View Replies]

To: RWR8189

Prediction............there will be NO mention of this in the MSM.


32 posted on 08/05/2005 5:53:42 AM PDT by ohioWfan (If my people which are called by my name will humble themselves and pray......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: kellynla

It might be a half point this time.

Alan's trying to buy more bullets back for the next recession.


33 posted on 08/05/2005 5:55:02 AM PDT by xzins (Retired Army Chaplain and Proud of It!)
[ Post Reply | Private Reply | To 22 | View Replies]

To: ohioWfan

Of course their wont be any mention of it in the MSM. They have to lead with their latest 'Bush is lazy', 'Bolton was an abuse of power', or 'Roberts will turn back the clock on civil rights' stories.


34 posted on 08/05/2005 5:56:01 AM PDT by DuckFan4ever (Why doesn't everyone hate Hillary as much as I do?)
[ Post Reply | Private Reply | To 32 | View Replies]

To: RWR8189

[Begin thundering Ted Kennedy rant] "The economy is a shambles! People are suffering! The unemployment rate is down -- among the RICH!!!! But what about the poor???? Those Republicans don't care!" [End thundering Ted Kennedy rant]


35 posted on 08/05/2005 5:56:41 AM PDT by ClearCase_guy
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189

The tax cuts haven't worked. They have benefited only the rich. Millions of Americans are losing their jobs... We need more taxes! </sarcasm>


36 posted on 08/05/2005 5:56:46 AM PDT by Reader of news
[ Post Reply | Private Reply | To 1 | View Replies]

To: StrangerInParadise

Indeed and it's rare that you hear anything about the natural rate of unemployment these days (which I still subscribe to). I have it pegged right at 5% and anything lower might even be a problem.


37 posted on 08/05/2005 5:56:48 AM PDT by Proud_texan
[ Post Reply | Private Reply | To 17 | View Replies]

To: kellynla

Interest rate management is a tricky business. After 9/11 the rates were lowered to virtually nothing in order to stimulate the economy. This along with the tax cuts worked just fine, but it is important that rates be judiciously elevated if for no other reason then to have room for them to be lowered when the next business slow down occurs. Look what happened in Japan. They lowered rates to zero and when the economy failed to pick up significant steam, they had no where to go when the need again rose to "prime the pump"


38 posted on 08/05/2005 5:57:05 AM PDT by Eagles Talon IV
[ Post Reply | Private Reply | To 22 | View Replies]

To: DuckFan4ever; All

Don't forget about Karl Rove..


39 posted on 08/05/2005 5:57:41 AM PDT by KevinDavis (the space/future belongs to the eagles, the earth/past to the groundhogs)
[ Post Reply | Private Reply | To 34 | View Replies]

To: StrangerInParadise
5% unemployment = full employment. Very damn good.

BINGO!

This needs to be spread in our conversations with family, friends, pets, etc.


40 posted on 08/05/2005 5:57:48 AM PDT by Bosco (Remember how you felt on September 11?)
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-108 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson