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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: NeoCaveman
I wonder how many were added by the birth/death ratio (a number that is almsot always too high). I’m guessing almost 100,000.

Close. It was 117,000.

http://www.zerohedge.com/article/labor-force-participation-rate-remains-25-year-low-642
81 posted on 04/01/2011 8:55:48 AM PDT by algernonpj (He who pays the piper . . .)
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To: ScottfromNJ

82 posted on 04/01/2011 8:57:17 AM PDT by algernonpj (He who pays the piper . . .)
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To: Hoosier Catholic Momma

Lowe’s, Home Depot, Wal-Mart, Ace, all are in full garden shop mode now..................


83 posted on 04/01/2011 9:01:00 AM PDT by Red Badger (I've posted a total of 1,698 threads and 63,835 replies, as of 03-29-2011......)
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To: pinqy

Thank you for your illumination.


84 posted on 04/01/2011 9:26:00 AM PDT by fhayek
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To: FlingWingFlyer

“April Fool’s!”

My thoughts exactly.


85 posted on 04/01/2011 10:28:10 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: Red Badger

April Fools!

No, we’re not making a joke - we’re calling everyone who believes this an “April Fool”. :)


86 posted on 04/01/2011 10:57:18 AM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: voicereason

“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.”
////////////////////////////////////////////////////////////

A fact, I don’t think I have seen a recent university graduate who could pass my high school finals from 1962 and I don’t think many could pass the test to even ENTER the public high school I attended back then.


87 posted on 04/01/2011 11:01:58 AM PDT by RipSawyer (Trying to reason with a liberal is like teaching algebra to a tomcat.)
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To: tsowellfan

Most if not all right wing sites just tell the truth... the truth is the truth and contains no degrees.

LLS


88 posted on 04/01/2011 11:54:27 AM PDT by LibLieSlayer (WOLVERINES!!!)
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To: fhayek

There were 1,553,000 first time jobless claims in March. 216,000 new jobs were added. Okay, I am sure this has been explained before, but could somebody go through it again for me. How can the unemployment rate fall given these facts?”

Real math was replaced by “New Math”.

Now, New Math has been replaced by NObama Math.

You are correct-—these figures are bogus.


89 posted on 04/01/2011 11:56:58 AM PDT by ridesthemiles
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To: LibLieSlayer
Most if not all right wing sites just tell the truth... the truth is the truth and contains no degrees.

You are so right. The closest to our version on CBS, CNN and MSNBC was Scrappleface

90 posted on 04/01/2011 12:00:58 PM PDT by tsowellfan
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To: tsowellfan

Exactly... thanks.
LLS


91 posted on 04/01/2011 12:16:25 PM PDT by LibLieSlayer (WOLVERINES!!!)
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To: Red Badger

With NO transparentcy, how could ANYONE trust numbers coming out of the government? I am sure its an April Fools joke.


92 posted on 04/01/2011 12:49:01 PM PDT by Bobby_Taxpayer (Don't tread on us...or you'll pay the price in the next election.)
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To: Red Badger
The private sector accounted for all the new jobs in March, adding 230,000 positions after February's 240,000 increase. Government employment fell 14,000, declining for a fifth straight month as local governments let go 15,000 workers.

Does anybody believe this? Weekly job loss totals were a negative so how does the monthly increase?

93 posted on 04/01/2011 1:58:11 PM PDT by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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To: Thank You Rush

The BLS does the payroll (total non-farm jobs) and the household (jobless rate) during the 2nd week of each month.


94 posted on 04/01/2011 2:16:01 PM PDT by Calif Conservative
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To: fhayek

It has been explained before numerous times.

The jobless claims are a component of the jobless rate

The payroll number is derived from a survey of payrolls reported by non-agri employers


95 posted on 04/01/2011 2:20:00 PM PDT by Calif Conservative
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To: WhistlingPastTheGraveyard

Sounds like Bill Cheney was in the tank for the Dems.


96 posted on 04/01/2011 2:23:58 PM PDT by Calif Conservative
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To: hattend

The jobless claims are the total # of people who filed for unemployment for the 1st time.

The jobless claims DON’T count how many people found a job.

The non-farm payrolls are from a separate survey of employers.


97 posted on 04/01/2011 2:39:45 PM PDT by Calif Conservative
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To: Calif Conservative

So, what you’re saying is: 400K people signed up for unemployment for the first time yet 403K found a job? (4 weeks X 3K = 12K increase in jobs - rounding involved)

Still don’t believe it.


98 posted on 04/01/2011 2:50:34 PM PDT by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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To: Calif Conservative

216K

Just re-read the story.

So 400K filed for the first time but 500K others found jobs.

Even harder to believe.


99 posted on 04/01/2011 2:52:38 PM PDT by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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To: Calif Conservative

Last post... my math on #99 sucks but you get the gist.


100 posted on 04/01/2011 2:53:58 PM PDT by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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