Thank you Associated Press.
Posted on 04/07/2012 8:08:08 AM PDT by Oldeconomybuyer
WASHINGTON (AP) — The U.S. job market took a breather in March after its best hiring stretch since the Great Recession.
Still, few economists expect hiring to fizzle in spring and summer, as it did the past two years. And they blamed seasonal factors for much of Friday's disappointing report from the Labor Department.
The report was also closely watched in political circles. If employers retreat on hiring, consumers could lose confidence in the economy and potentially dim President Barack Obama's re-election hopes.
Government jobs, which declined by an average of 22,000 a month last year, fell just 1,000 in March. An improving economy is generating tax revenue and easing budget problems at city halls and statehouses across the country.
The job market had been on a recent roll. From December through February, the country added 734,000 jobs, an average of 245,000 each month. The only three-month stretch that was better since the recession ended was March through May 2010, when the government was hiring tens of thousands of temporary workers for the census.
(Excerpt) Read more at google.com ...
Thank you Associated Press.
What “hiring binge?”
“It’s resting.”
Seasonal factors? Like what? an exceptionally mild winter and spring?
Hiring binge? LOL. All I see are closing storefronts and empty retail space. I’d think if more people were working they’d be keeping these businesses open.
“Beautiful plumage.”
Right.... /s
Was trying to jive that type of description on today’s CBS Early Show with the facts of supposed 800,000 new jobs “created” the last four months while every week of those four months there have been around 350,000 new claims for unemployment insurance. It does not compute.
Read my tag line GOP and start attacking because that is the ONLY WAY to save the United States of America!!!!!
Joseph Goebbels would be proud of AP propagandist for coming up with the term “hiring binge”.
PAUL WISEMAN
AP Economics Writer
pwiseman@ap.org
I see lying numbers all the time.
Talk about lipstick on a pig.
"best hiring stretch since the Great Recession"??? We're STILL IN the "Great Recession". It may have been the best hiring stretch so far during the Obama Depression, but a "hiring stretch" that is too low to even match population growth is nothing a REAL reporter would crow about.
What “hiring binge?”
The one the media kept telling you about, that never really existed, silly!!
Keep up with the CURRENT TRUTH.
All that hirin’ jus’ wo’ that ol’ job market out.
FM: AP Management
Comrades, when composing any stories about the state of the US economy, remember that truth is irrelevant and your focus should always be on putting President Obama in the best possible light. Push, pull, squeeze, massage and fudge the numbers as necessary to help 'The One' get reelected. Be cheerleaders as if your job depended on it... it does.
More spin. They fail to mention that coming out of a recession with UE at 8-9%, a healthy recovery should be creating 300-400k jobs per month like Reagan (Reagan even hit 1 million one month). Not 100-200k. Those numbers are more in line with full employment, 5% UE, like during those bad Bush years.
Paul is anything but a “WISE MAN”
What a load of bs.
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