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

Skip to comments.

ADP: Private Sector Sheds 697,000 Jobs ....(February 09- Obama on a roll !)
WSJ ^ | MARCH 4, 2009 | KATHLEEN MADIGAN and MATTHEW COWLEY

Posted on 03/04/2009 8:09:30 AM PST by IrishMike

Edited on 03/04/2009 10:19:50 AM PST by Admin Moderator. [history]

Private sector jobs fell 697,000 in the U.S. in February, according to a national employment report published Wednesday by payroll giant Automatic Data Processing Inc. and consultancy Macroeconomic Advisers.

That's higher than the 630,000 loss forecast in a Dow Jones Newswires survey, and would be the largest number of jobs lost in one month during this recession. The figure for January was revised to show 614,000 jobs lost, compared with the initial figure of 522,000.


(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: 111th; barackobama; bho2009; bho44; bhobudget; congress; democrats; economy; obama; taxes; teaparty; zero
Navigation: use the links below to view more comments.
first 1-2021-34 next last

1 posted on 03/04/2009 8:09:30 AM PST by IrishMike
[ Post Reply | Private Reply | View Replies]

To: IrishMike

Obama’s Fault.


2 posted on 03/04/2009 8:10:14 AM PST by Constitution Day
[ Post Reply | Private Reply | To 1 | View Replies]

To: Constitution Day

No, no, no...

He inherited it.


3 posted on 03/04/2009 8:11:33 AM PST by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: EBH

Mmmhmmm.


4 posted on 03/04/2009 8:13:07 AM PST by Constitution Day
[ Post Reply | Private Reply | To 3 | View Replies]

To: IrishMike

Obama wants to create jobs with his pork package,

624,000 jobs lost so far. FAIL


5 posted on 03/04/2009 8:14:06 AM PST by Influence (War doesn't determine who's right or wrong. War determines who's left.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EBH

Every month more and more people losing jobs. No hope for the economy turning around. People with jobs are not spending, which creates a perfect storm for economic disaster. And our “leader” wants to add more taxes, more government controls, new indirect taxation through green policies for a problem that doesn’t even exist, etc. How the hell do you stop this cycle of death?


6 posted on 03/04/2009 8:15:03 AM PST by Free America52 (I just want it to be the way it always has been.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: IrishMike

U-6

Total unemployed, plus all marginally attached
workers, plus total employed part time for
economic reasons, as a percent of the civilian
labor force plus all marginally attached workers.. 13.9 Percent

http://www.bls.gov/news.release/empsit.t12.htm


7 posted on 03/04/2009 8:15:11 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IrishMike

I wonder what’s not being counted in the Private sector job lost count of 697,000 that’s being counted in the TrimTabs Investment Research estimate that the U.S. economy lost 778,000 jobs?


8 posted on 03/04/2009 8:16:04 AM PST by OB1kNOb (Economists predicting a quick recovery are like the band that continued playing on the Titanic.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free America52

There are three ways. We ‘birthers’ are currently trying one of them.


9 posted on 03/04/2009 8:16:42 AM PST by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: IrishMike
Just look what Bush did to the economy! Not even the great Barry Hussein with his Marxist ideas can get this economy going again! (Sarcasm)
10 posted on 03/04/2009 8:17:29 AM PST by 4yearlurker (The ground at Arlington is moving & shaking.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Influence
I'm waiting for Gibbs to say today that it would have been worse if not for the 500,000 jobs the dOoffball "saved" since the so-called stimulus was passed.
11 posted on 03/04/2009 8:17:58 AM PST by Carling ("We've lost two people in my family because you dickheads won't cut trees down," - Warwick Spooner)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Influence
Obama is wrecking the economy and our futures. But wait, with all his spending, he will now be saving;

3,500,000 - 624,000 = 2,876,000 jobs.

12 posted on 03/04/2009 8:21:14 AM PST by bobsunshine
[ Post Reply | Private Reply | To 5 | View Replies]

To: Carling

This stimulus package is a job murderer!

It should just be called the “everything liberals have ever wanted bill”


13 posted on 03/04/2009 8:21:37 AM PST by Influence (War doesn't determine who's right or wrong. War determines who's left.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: EBH

No, no, no...

He inherited it.

Plus

” I WON “ B.O.


14 posted on 03/04/2009 8:22:33 AM PST by stevecmd
[ Post Reply | Private Reply | To 3 | View Replies]

To: Free America52
Don't you get it. The old cycle has to die in order for the new cycle to start. The faster the old cycle dies, the faster they can create the new statist economy.

That means those of us who don't believe in the statist economy must create our own alternative economy. That means we need to start locating, supporting, and investing in conservative businesses. How do you do that? It will take a complete re-evaluation of personal investment protocols. Conservative to conservative economic stabilization.

15 posted on 03/04/2009 8:25:45 AM PST by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Influence

Obama wants to create jobs with his pork package,
624,000 jobs lost so far. FAIL
.
.

Remember that’s for the month of February
...........................................

The economy lost 2.1 million jobs in the past three months, which represents about 1.6% of the entire work force, said Charles Biderman, chief executive of the Sausalito, Calif.-based research firm. The loss as a percentage of the total work force is the largest since February 1975, the report said.

“We expect the economy to lose at least 650,000 jobs in each of the next four to six months,” Mr. Biderman said in the statement.


16 posted on 03/04/2009 8:27:35 AM PST by IrishMike (Be prepared: Ammo, cash, gold, canned food. ...And more ammo.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: IrishMike
Successive administrations dating back to Clinton are responsible for this credit bubble and Obama sure as hell aint going to fix it now that it's burst.

His King Canute act is going over well with the hoi polloi right now, but the tide of this cluster #!*% is unstoppable.

17 posted on 03/04/2009 8:29:15 AM PST by marshmallow
[ Post Reply | Private Reply | To 1 | View Replies]

To: IrishMike

Things really went down hill since Oboma was given affirmative action. In my opinion, he’s doing this on purpose. The only way to create a Socialist society, and in his case a Socialist world with him as the leader, is to destroy the one we have first. That way, the false Messiah can rebuild it in his own image.


18 posted on 03/04/2009 8:29:26 AM PST by concerned about politics ("Get thee behind me, Liberal")
[ Post Reply | Private Reply | To 1 | View Replies]

To: IrishMike

No, not Hussein’s fault. Hussein’s PLAN!


19 posted on 03/04/2009 8:31:28 AM PST by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IrishMike

“We expect the economy to lose at least 650,000 jobs in each of the next four to six months,”

But don’t forget, their job saver stimulus package is going ti save alot of jobs. After all in the long run our economy will come around and begin to prosper once more.

When you were in debt wasn’t it common sense not to try and spend your way out of it??? We already have enough debt as a country, all this package does is put us further into debt. And who’s gonna pay for it in the end?? My generation, in gracious tax dollars which I would personally love to keep for myself.


20 posted on 03/04/2009 8:32:04 AM PST by Influence (War doesn't determine who's right or wrong. War determines who's left.)
[ Post Reply | Private Reply | To 16 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-34 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