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US economy adds just 88,000 jobs, fewest in 9 months, UE falls to 7.6 pct. (1/2 million drop out)
N ewser ^
| 5 apr
| CHRISTOPHER S. RUGABER
Posted on 04/05/2013 5:38:03 AM PDT by xzins
U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring.
(Excerpt) Read more at newser.com ...
TOPICS: Front Page News; News/Current Events
KEYWORDS: economy; u3; unemployment
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1
posted on
04/05/2013 5:38:03 AM PDT
by
xzins
To: xzins
In a related story half million new applications were recieved by Social Security Disability!
2
posted on
04/05/2013 5:41:32 AM PDT
by
Dr. Ursus
To: Dr. Ursus
I can’t wait for the labor force ALL to give up.
Then the unemployment rate will fall to ZERO!
Wouldn’t that be awesome?
We could play poker, drink beer, and use our government food card all day long.
3
posted on
04/05/2013 5:43:41 AM PDT
by
xzins
(Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
To: xzins
496,000 more workers go galt.
4
posted on
04/05/2013 5:46:06 AM PDT
by
swamprebel
(a Constitution once changed from Freedom, can never be restored.)
To: swamprebel
Galt California is near Sacramento.
That’s near the redwoods, isn’t it?
I’ve always wanted to go there.
:>)
5
posted on
04/05/2013 5:47:57 AM PDT
by
xzins
(Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
To: xzins
6
posted on
04/05/2013 5:49:21 AM PDT
by
KSCITYBOY
To: xzins
To: xzins
Obama successful in destroying the American Republic!!! Say, Obamabots...how’s that Hope & Change working out for ya all!!!
8
posted on
04/05/2013 6:03:46 AM PDT
by
JLAGRAYFOX
( My only objective is to defeat and destroy Obama & his Democrat Party, politically!!!)
To: xzins
Reference to Nathan Bedford's third maximum of American politics,
failed socialism begets more socialism, tells us to expect to hear in crescendo cries for more stimulus.
9
posted on
04/05/2013 6:09:44 AM PDT
by
nathanbedford
("Attack, repeat, attack!" Bull Halsey)
To: xzins
Fox News just reported that the labor participation rate is the LOWEST since May 1979.
Obama is worse than Carter.
To: xzins
From MarketWatch: U.S. stock futures declined sharply Friday after the Labor Departments nonfarm-payrolls report came in significantly below expectations, cementing views of an economic soft patch.
Watch out for those “soft patches”.
11
posted on
04/05/2013 6:19:12 AM PDT
by
John W
(Viva Cristo Rey!)
To: xzins
Not to worry, I passed by our local McDonald’s and Wendy’s last night. They both had prominent signs: “Hiring All Shifts!” What can be so bad when there are jobs going begging? /s
12
posted on
04/05/2013 6:20:25 AM PDT
by
jennings2004
(California's AG = "eye candy" for dear leader - MO will love that)
To: SoFloFreeper
Continuing the downward trend that began in the late 90's
13
posted on
04/05/2013 6:24:10 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: John W
The macro data the last two weeks has all missed on the bad side. Today's NFP number was a disaster (consensus expectations of +195K - FactSet). We are entering the same "spring swoon" pattern we saw in 2010, 2011, and 2012. He's the Goldman Sachs "swirlogram":
14
posted on
04/05/2013 6:26:25 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: Wyatt's Torch
DJIA down 125 out of the gate.
15
posted on
04/05/2013 6:32:38 AM PDT
by
John W
(Viva Cristo Rey!)
To: John W
Here was the S&P Futures reaction:
16
posted on
04/05/2013 6:34:32 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: John W
Here's the famous calculated Risk jobs chart:
17
posted on
04/05/2013 6:54:38 AM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: xzins
For months the media has continued to beat the drum the economy is improving. However, anyone working in the private sector with their eyes open knows the truth. Small businesses are hanging on month to month. Larger enterprises continue to shed workers and load the work on the remaining staff. People are working longer hours, for no real increase in pay. Those who feel they can retire gladly take early retirement offers and drop out. The “recovery” exists only in the minds of fat government bureaucrats, tenured academics, and journalists programmed to spew the propaganda of the state.
18
posted on
04/05/2013 6:56:06 AM PDT
by
Soul of the South
(Yesterday is gone. Today will be what we make of it.)
To: All
DJIA now -158. I recall FR experts mentioning a certain time frame that if it keeps going down and doesn’t steady look out below. Of course things aren’t always quite kosher the past 4+ years with anything.
19
posted on
04/05/2013 6:56:07 AM PDT
by
John W
(Viva Cristo Rey!)
To: SoFloFreeper
20
posted on
04/05/2013 7:23:04 AM PDT
by
rhubarbk
(BHO = FUBAR)
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