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Unemployment rate dropped to 4.7% in January - 193,000 New Jobs
February 3, 2006

Posted on 02/03/2006 5:36:15 AM PST by new yorker 77

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To: txrangerette
...job growth in each of the five prior months was pushed up as part of a broader annual revision of the Labor Department's statistics collection...
21 posted on 02/03/2006 5:51:31 AM PST by RobFromGa (In decline, the Old Media gets more shrill, thrashing about like a dinosaur caught in the tar pits.)
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To: KevinDavis

4.7% unemployment is exactly the same as the UK average over the last year - well done!


22 posted on 02/03/2006 5:52:04 AM PST by albionvectis
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To: new yorker 77

23 posted on 02/03/2006 5:52:07 AM PST by Lunatic Fringe (North Texas Solutions http://ntxsolutions.com)
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To: KevinDavis
Worst economy ever...

Yup! More bad news and it IS Bush's fault.

24 posted on 02/03/2006 5:52:42 AM PST by evad
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To: frankjr

How can I save this graphic? It is perfect.


25 posted on 02/03/2006 5:53:40 AM PST by gathersnomoss
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To: RobFromGa
This is unbelievable. I can't live in this country anymore. The little guy gets screwed every time. Only having a 95.3% chance of finding a job on any given day is just a bunch of crap.

Canada, here I come. Get me away from this capitalist rich man's plantation.

26 posted on 02/03/2006 5:53:56 AM PST by ALWAYSWELDING
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To: frankjr

Too funny - I guess I wasn't the only one to notice (or get bugged) by that eyebrow.


27 posted on 02/03/2006 5:57:06 AM PST by 3dognight
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Comment #28 Removed by Moderator

To: new yorker 77
MSM Headlines

Worker Productivity Plummets, Wage Inflation Signals Seen
Worst Economy in 50 years

Unemployment at 4.7% with 193000 new jobs created In January.

29 posted on 02/03/2006 6:02:11 AM PST by The_Victor (If all I want is a warm feeling, I should just wet my pants.)
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To: Rparr28922

Try moving to a location where there are jobs ?


30 posted on 02/03/2006 6:05:35 AM PST by cinives (On some planets what I do is considered normal.)
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To: ALWAYSWELDING
Canada, here I come. Get me away from this capitalist rich man's plantation.

Don't go to Canada. Canada is controlled by the evvvvvviiiiiiiiil conservatives now just like the United States. Go to Cuba. That is where the good living is at.

Yes folks, I'm being sarcastic.
31 posted on 02/03/2006 6:06:46 AM PST by Ticonderoga34
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To: new yorker 77

Bloomberg puts a more positive spin on their headline:

U.S. Economy Adds 193,000 Jobs; Unemployment Rate Drops to a Four-Year Low

American employers added 193,000 workers in January and the unemployment rate fell to 4.7 percent, the lowest since July 2001, as the U.S. economy strengthened and builders took advantage of warm weather to start projects...

http://www.bloomberg.com/


32 posted on 02/03/2006 6:07:47 AM PST by freeperfromnj
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To: new yorker 77

Definitely Bush's Fault!


33 posted on 02/03/2006 6:09:48 AM PST by JimWforBush (3 things I won't discuss...Politics, Religion and The Great Pumpkin)
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To: Rparr28922
I have been unemployed for 1 1/2 years. I'm glad that I have been able to save up enough money to last this long. And please don't slam me as I'm not blaming George Bush. I'm blaming the terrorists.

Sorry to hear that.

I look at it the same way Rush views it and that is sometimes it's an opportunity to explore new possibilities.

At any rate, I'm sure there's something out there for you.

34 posted on 02/03/2006 6:11:24 AM PST by evad
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To: albionvectis

We have a drop in Norway too. Unemployment stands at 3,3%.


35 posted on 02/03/2006 6:12:15 AM PST by tomjohn77
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To: new yorker 77

Ok - so has BLS and DOL changed the way they seasonally adjust the numbers lately?

It had been the first two reports for a month were preliminary, so each month would be revised a total of two times. In a growing economy, it hadn't been unusual to see upward revisions the first time, then slightly downward the next.

Now for this report, nov-dec growth was revised upward by 32k, oct-nov was revised downward by 49k, but they've gone back and revised the september and october job numbers *downward* from their supposed final numbers of last month. More specifically, they moved the october report down 178k and september down 190k.

Not trying to throw doom and gloom, but I've never seen them do this before. Maybe I've never noticed this before and its just my own oversight... :)


36 posted on 02/03/2006 6:13:21 AM PST by eraser2005
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To: new yorker 77

Yes, but are they "good" jobs?

Whatever happened to that talking point?


37 posted on 02/03/2006 6:14:27 AM PST by mikemc282002 (Don't Worry, We Have Tom Brady - All Your Super Bowls Are Belong To Us!)
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To: zert_28
Yes folks, I'm being sarcastic.

Woulda never figured that ;-)

Ain't it a shame that Kanada is starting to lean towards conservatism. One can only hope it's just a temporary setback...

Yes folks, I'm being sarcastic.

38 posted on 02/03/2006 6:14:34 AM PST by evad
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To: new yorker 77

This will be reported on NONE of the MSM evening news programs this evening. We'll have to hear more about Bob Woodruff and how it's Bush's fault he was injured.


39 posted on 02/03/2006 6:16:31 AM PST by GianniV
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To: new yorker 77

The sad thing is that it should be even lower - if real conservatives ran Washington and reduced taxes even more and cut spending, there would be even more investment $$s out there helping to create more jobs.

I also blame the socialist policies of most states and cities - just look at Detroit and the overall state of Michigan.


40 posted on 02/03/2006 6:19:31 AM PST by GianniV
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