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US Creates 69,000 New Jobs, Unemployment Rate 8.2% (Up from 8.1%)
CNBC.COM ^ | 6/1/12 | Jeff Cox

Posted on 06/01/2012 5:33:07 AM PDT by NE Cons

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To: St_Thomas_Aquinas
Romney will be on CNBC at 11:00, talking about these numbers

Here's hoping he pounds the "One".

101 posted on 06/01/2012 7:17:27 AM PDT by NE Cons (Huge Palin Fan. Was a Hard-Core Perry supporter. Now Hard-Core ABO)
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To: TonyInOhio

Interesting that the term “McJobs” has been seen in the MSM since Nov 2008......


102 posted on 06/01/2012 7:18:08 AM PDT by nascarnation
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To: TonyInOhio

Interesting that the term “McJobs” hasn’t been seen in the MSM since Nov 2008......


103 posted on 06/01/2012 7:18:26 AM PDT by nascarnation
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To: NE Cons

What happened? I didn’t see the word “unexpected” in this snip. Have expectations dropped badly?


104 posted on 06/01/2012 7:18:40 AM PDT by expat2
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To: NE Cons
"Sec Solis just said that on CNBC. That congress needs to step up its game. Lying sack.."

Its so easy predicting what the Obama admin is gonna do because they is a one trick pony. They blame everyone else for their failures.

105 posted on 06/01/2012 7:19:58 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Gaffer

Perhaps not. They may be depressing the numbers now so they can claim “recovery” closer to the election.


106 posted on 06/01/2012 7:20:43 AM PDT by expat2
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To: expat2

Hopefully, they’re realizing how foolish they sound when they keep reporting the negative news as “unexpected”.


107 posted on 06/01/2012 7:21:27 AM PDT by NE Cons (Huge Palin Fan. Was a Hard-Core Perry supporter. Now Hard-Core ABO)
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To: expat2

Here is what was expected-—

Analysts surveyed by CNNMoney expect that the U.S. economy added 150,000 jobs in May, including 12,000 government cuts. The unemployment rate is expected to stay at 8.1%.


108 posted on 06/01/2012 7:23:33 AM PDT by John W (Viva Cristo Rey!)
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To: Gaffer

Yeah, I was thinking that it must be really bad, much worse than they admit, if they actually had to tick the unemployment rate back UP a tenth instead of claiming a drop.
The stink is now so bad they can’t find the perfume to cover it up, this economy is like a skunk that is shot dead just AFTER spraying everything around him and is then left to lie there. A blind person could spot the problem from half a mile away. All that is needed now is for the high priest of Kenyan economic magic to remind us that he “inherited” the problem.


109 posted on 06/01/2012 7:28:31 AM PDT by RipSawyer
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To: scooby321

“This is another summer of recovery?”
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

If you do as the Russians do and lay in a huge supply of Vodka and pretend it is water you might be able to imagine a recovery. About two quarts a day should be enough.


110 posted on 06/01/2012 7:32:02 AM PDT by RipSawyer
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To: apillar

The real unemployment figure, if calculated by the method used during the “great depression” is at “great depression” levels. I just can’t figure out what is so great about a depression.


111 posted on 06/01/2012 7:35:26 AM PDT by RipSawyer
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To: Rational Thought
Can't wait to hear the Obama administration's spin on this....”Bush's Fault”......

“You know I love ya, baby. I wouldn’t leave ya! It wasn’t my fault. Honest! I ran out of gas. I had a flat tire. I didn’t have enough money for cab fare. My tux didn’t come back from the cleaners. An old friend came in from out of town. Someone stole my car! There was an earthquake! A terrible flood! Locusts! It wasn’t my fault, I swear to God!”

112 posted on 06/01/2012 7:37:44 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: expat2
What happened? I didn’t see the word “unexpected” in this snip. Have expectations dropped badly?

The expectations were unexpectedly dropped.

113 posted on 06/01/2012 7:39:13 AM PDT by TonyInOhio (The dice are on the table. It is hot in Suez.)
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To: F15Eagle

Did you do all that by yourself? That is what I call high art done by computer. That picture is worth many thousands of words.


114 posted on 06/01/2012 7:40:43 AM PDT by RipSawyer
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To: expat2

It has taken months and months and months of slow, steady deliberate incremental lying to get the number down from 10%. While I wouldn’t put it past them, I think the task would be herculean to take dismal numbers (vastly optimized by big government and the complicit media) back down......

They are busting at the seams with their lies and their pants have split up the backside. They just can’t continue with believable lies when virtually no one in real America sees day-to-day confirmation that their lies are true.


115 posted on 06/01/2012 7:41:17 AM PDT by Gaffer
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To: TonyInOhio

When the rate fell from 8.2% to 8.1% the dims trumpeted that we had solved the unemployment problem. Now that is has climbed 1 point, we’ll be told this is not significant and not to worry.


116 posted on 06/01/2012 7:43:33 AM PDT by umgud (No Rats, No Rino's)
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To: RipSawyer

He just did that yesterday right in the face of and at a ceremony for the guy he inherited the job from. Today he’ll probably just let his Carney handle it.


117 posted on 06/01/2012 7:45:09 AM PDT by John W (Viva Cristo Rey!)
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To: All

the spin..

“There was a positive jump in the workforce participation”... mainly because nobody told college grads that there are no jobs.

Solution? remove another two million from the workforce participation number next month and voila, job growth.

At least there was 69,000 jobs created unlike in 2009 when there were jobs losses.. Until they get adjusted down another 11,000..

Solution? tweak the “seasonal adjustment” so as to make the numbers look better.

So, what did we learn? The “labor dept” will have to make sure they jimmy up the numbers more in the coming weeks to present a better report to keep the media talking up Obama during the 4th of July week. Because nobody will care about July adjustments when the August numbers show fantastic growth due to additional tweaks.


118 posted on 06/01/2012 7:45:52 AM PDT by newnhdad (Where will you be during the Election Riots of 2012/2013?)
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To: Wyatt's Torch
"Abject disaster of a report. 10Y UST yields down to 1.47% in a flight for safety. U6 also increased. “Nowhere to hide” on this report"

...And the kenyan jets off for 6 fundraisers today. We just don't have an engaged POTUS and it is killing the economy. His policies are a disaster and there is absolutely no leadership in the WH.

119 posted on 06/01/2012 8:00:09 AM PDT by lodi90
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To: God luvs America

Especially Joe “Communist” Kernen.

Kernen always gets that Crissy Matthews tingle up his leg whenever he talks/thinks about oslama.


120 posted on 06/01/2012 8:04:24 AM PDT by waus (FUBO UFCMF, Just in case I stuttered, FUBO)
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