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The market's expectations were low and the report still came in weaker than expected.
1 posted on 09/02/2011 5:35:17 AM PDT by Free Vulcan
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To: Free Vulcan
70,000 jobs added was expected. So this is unexpected I guess <sarc
2 posted on 09/02/2011 5:38:07 AM PDT by scooby321
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To: Free Vulcan

this assessment just in on obama economic team:

“Sets low goals and consistently fails to achieve them”


3 posted on 09/02/2011 5:38:07 AM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: Free Vulcan

Awful:

August Nonfarm payroll flat in Aug, jobless rate 9.1%
August average workweek falls to 34.2 hours
August hourly earnings down 0.1%, up 1.9 yr-on-yr
August factory jobs down 3,000
August construction jobs down 5,000
August retail jobs down 7,800


4 posted on 09/02/2011 5:38:47 AM PDT by MulberryDraw ( Where's the democrat budget? What's the plan?)
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To: Free Vulcan

Please watch MSNBC right now. It is beyond funny! We need some humor these days...


5 posted on 09/02/2011 5:39:24 AM PDT by GOPRaleigh (Unexpected)
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To: Free Vulcan

The two previous reports were also reduced by a total of 58,000 jobs!!

Worst President Ever . . .


6 posted on 09/02/2011 5:40:23 AM PDT by LRoggy (Peter's Son's Business)
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To: Free Vulcan

If the American people have any brains and common sense left in their heads, they will totally boycott the worthless, useless remarks to be delivered by inept, empty suit, African Muslim, POTUS Barack Hussein Obama, the destroyer of the American economy and the American nation!!! End of story!!!


8 posted on 09/02/2011 5:41:52 AM PDT by JLAGRAYFOX
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To: Free Vulcan

We need a recount of the jobs created in Martha’s Vineyard.


9 posted on 09/02/2011 5:42:39 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Free Vulcan
lower than the 53,000 gain expected.

First it was 75k expected then 65k expected now 53k expected. I guess Obama just saved or created 22k jobs this month by looney lib calculations.

11 posted on 09/02/2011 5:43:27 AM PDT by frogjerk (Today is already the tomorrow which the bad economist yesterday urged us to ignore. - HAZLITT)
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To: Free Vulcan
Jobs created:


12 posted on 09/02/2011 5:45:36 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Free Vulcan

Well,That’s obama’s plan to create Zero jobs and he’s succeeding beyond his wildest dreams.


15 posted on 09/02/2011 5:47:54 AM PDT by puppypusher (The World is going to the dogs.)
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To: Free Vulcan

With this plus the vote in German Parliament on 9/7, Obama could very well be giving his speech in the middle of a massive market crash.


16 posted on 09/02/2011 5:47:55 AM PDT by icanhasbailout
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To: Free Vulcan
Everyone knows that math & numbers are racist...
21 posted on 09/02/2011 5:52:00 AM PDT by Minus_The_Bear
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To: Free Vulcan

Economists typically estimate the nation needs to add about 150,000 jobs each month to keep up with population growth alone.

A local financial radio talk show host who is usually conservative and laid back was very concerned last night about a possible depression.


28 posted on 09/02/2011 6:00:34 AM PDT by TSgt (When in the Course of human events...)
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To: Free Vulcan

Boehner and McConnell need to get together and propose an alternate growth plan - it could be as simple as a freeze on new regulations until the end of this president’s term, stabilization of tax rates where they are for the next 5 years, an end to any drilling restictions remaining from the BP disaster, and a commitment to revote on Obamacare at the beginning of the next Congress.

They should point out that they need to provide the private sector with some degree of economic certaintly for the future, a minimum of regulatory impediments to growth, and the prospect of improved access to energy.

And the final thing they should do is say is that if Obama rejects their proposals out-of-hand, then he’s not serious in his calls to put politics aside and focus on the good of the country (since everyone knows when Obama says “put politics aside” what he really means is “you have to agree with me or else you’re a partisan”).


32 posted on 09/02/2011 6:21:10 AM PDT by Stosh
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To: Free Vulcan

The unemployment numbers are screwed for the 2012 election. Even if a lot of companies started to hire, that would encourage all the discouraged workers to start looking for work and make the unemployment number even higher.


38 posted on 09/02/2011 6:58:56 AM PDT by MNDude (Was Presidency of Bush's fault, Now Republican House's Fault)
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To: Free Vulcan

Americans, ALL!!! Boycott the Obama speech next Thursday evening!!! Obama, simply stated is out to destroy our economy, followed by the destruction of our great country. Wake up!!!


43 posted on 09/02/2011 7:06:36 AM PDT by JLAGRAYFOX
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To: Free Vulcan

Now we all know the reason for the speedy appearance before joint session of congress next week, they knew these figures coming are a killer. Coupled with his jobs speech, it just screams panic.


44 posted on 09/02/2011 7:16:31 AM PDT by sunmars
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To: Free Vulcan

THE ONLY THING WE HAVE TO FEAR IS OBAMA HIMSELF.


47 posted on 09/02/2011 7:37:51 AM PDT by Typical_Whitey (Ask a liberal to explain how tax increases create jobs in America)
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To: Free Vulcan

Yup. Look for a revision (remember, it’s survey data).

http://confoundedinterest.wordpress.com/


50 posted on 09/02/2011 8:29:52 AM PDT by whitedog57
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To: Free Vulcan

Bush’s Fault!


52 posted on 09/02/2011 9:01:53 AM PDT by b4its2late ("Pray for Obama. Psalm 109:8")
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