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Employment jumps in March, jobless rate falls (8.8%)
http://finance.yahoo.com ^
| 04-01-11
| By Lucia Mutikani
Posted on 04/01/2011 5:55:26 AM PDT by Red Badger
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To: Red Badger
La primaverite.................Very good.
21
posted on
04/01/2011 6:12:48 AM PDT
by
paulycy
(Islamo-Marxism is Evil.)
To: fhayek
Somewhat similarly, I believe the replacement rate due to population growth, etc. is 300,000 a month. Meaning, we need to create 300,000 jobs a month just to keep even. Well, we created 216,000 jobs in March, which caused unemployment to drop. Huh?
None of these numbers make sense to me. I think there is pretzel logic that allows people to come to happy conclusions, but to me all of this looks like BS.
To: fhayek
The headline unemployment rate has nothing really to do with actual job creation.
U3 as it’s known, is largely a modeled, surveyed and derived number and has been highly manipulated for several Presidencies now.
Use U6, it’s a better, truer indicator.
23
posted on
04/01/2011 6:13:24 AM PDT
by
NOVACPA
I’m sure all of those jobs were full time, high paying, benefit provided jobs. I’d sure like to find one of those.
OK, back to my part time, low paying, no benefits, just barely able to pay for my gas and taxes job.
24
posted on
04/01/2011 6:14:28 AM PDT
by
amishman
(0bama=the reincarnation of Jim Jones)
To: Red Badger
Creative math again.
25
posted on
04/01/2011 6:14:52 AM PDT
by
ladyvet
( I would rather have Incitatus then the asses that are in congress today.)
To: paulycy
26
posted on
04/01/2011 6:15:26 AM PDT
by
Red Badger
(I've posted a total of 1,698 threads and 63,835 replies, as of 03-29-2011......)
What’s going to happen though when gas prices go to 4.50 or 5.00 an hour along with continued food & energy inflation?
27
posted on
04/01/2011 6:17:32 AM PDT
by
amishman
(0bama=the reincarnation of Jim Jones)
To: Red Badger
"All the evidence is pointing to a strengthening labor market," said Bill Cheney, chief economist at John Hancock Financial Services in Boston. Remind me NOT to use John Hancock Financial Services.
28
posted on
04/01/2011 6:17:54 AM PDT
by
P-Marlowe
(LPFOKETT GAHCOEEP-w/o*)
To: FlingWingFlyer
Yes it`s been April fools ever since Obama took over.
29
posted on
04/01/2011 6:18:45 AM PDT
by
Friendofgeorge
(SARAH PALIN 2012, PLEASE LORD)
To: Red Badger
Although this is somewhat good news, it appears to be a ruse! All the talking heads were expecting the rate to go up this month. Seems a lot of folks are no longer looking for work and are not considered in the percentage. IMHO, the rate is closer to 9.1.
30
posted on
04/01/2011 6:20:28 AM PDT
by
Road Warrior ‘04
(I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
To: Red Badger
31
posted on
04/01/2011 6:21:28 AM PDT
by
ThomasMore
(Islam is the Whore of Babylon!)
To: Red Badger
Figures courtesy of the 0bama regime: April Fool!
32
posted on
04/01/2011 6:22:22 AM PDT
by
The Sons of Liberty
(Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
To: ThomasMore
” I call BS! “
This is an old tactic - dangle something shiny in front of the Media to distract them from the multitude of ongoing disasters.....
33
posted on
04/01/2011 6:25:48 AM PDT
by
Uncle Ike
(Rope is cheap, and there are lots of trees...)
To: fhayek
It will be interesting to see what numbers are reported when the next wave of college grads hits the workforce. Real problem is that many of them are practically illiterate.
34
posted on
04/01/2011 6:26:40 AM PDT
by
voicereason
(A RINO is just a different shade of Democrat.)
To: Red Badger
The way they’re cooking these numbers the Bush Administration would have -10% unemployment!
8.8%? It ain’t happening people!
35
posted on
04/01/2011 6:28:30 AM PDT
by
poobear
(FACTS - the turd in the punch bowl of liberal thought!)
To: Red Badger
The key phrase from yesterday's job report:
claims in the prior week were revised up to 394,000 from an originally reported 382,000
No biggie. Just a 12,000 person error. [/s]
==
It is unbelievable the amount of massaging and manipulation that is going on with the job figures -- and the MSM aren't even taking notice.
FoxNews just reported this morning that joblessness percent among young people was in the upper-teens to low-twenties.
==
This thread from yesterday:
PRINCETON, NJ -- Unemployment, as measured by Gallup without seasonal adjustment, was 10.0% in March -- down from 10.2% in mid-March and 10.3% at the end of February, but above the 9.8% at the end of January. U.S. unemployment was 10.4% at the end of March a year ago.>
36
posted on
04/01/2011 6:29:49 AM PDT
by
TomGuy
To: The Sons of Liberty
“Happy Days Are Here Again”, sez the MSM and the libs.
RIIIIIIIIIIIIIIGHT......(walkin’ away, shakin’ my head and spittin’ on the ground)
37
posted on
04/01/2011 6:32:13 AM PDT
by
Unrepentant VN Vet
((659 and a wakeup) Truth, I know, always resides wherever brave men still have ammunition.)
To: FlingWingFlyer
38
posted on
04/01/2011 6:32:22 AM PDT
by
SouthTexas
(Tea time!)
To: wny
“”March ended 9 hours ago...stats already?
what a crock...””
My thoughts exactly - good to see your post before I posted the same thing. When have they ever gotten figures out that fast? They couldn’t even have gathered numbers from employers that fast. Who is going to believe them anyway? Well, there is still an ignorant bunch of voters out there who will fall for anything!
To: Red Badger
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