Posted on 02/03/2006 5:36:15 AM PST by new yorker 77
Unemployment Falls to 4.7%
January +193,000 Jobs
December +140,000 Jobs - A 32,000 Upward Revision
4.7% unemployment is exactly the same as the UK average over the last year - well done!
Yup! More bad news and it IS Bush's fault.
How can I save this graphic? It is perfect.
Canada, here I come. Get me away from this capitalist rich man's plantation.
Too funny - I guess I wasn't the only one to notice (or get bugged) by that eyebrow.
Worker Productivity Plummets, Wage Inflation Signals Seen
Worst Economy in 50 years
Unemployment at 4.7% with 193000 new jobs created In January.
Try moving to a location where there are jobs ?
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/
Definitely Bush's Fault!
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.
We have a drop in Norway too. Unemployment stands at 3,3%.
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... :)
Yes, but are they "good" jobs?
Whatever happened to that talking point?
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.
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.
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.
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