[ThePythonicCow]

The labor force fell by 8,000 in August.

This is a very strong indicator of a recession, when the number of workers is down from last month. Usually, through strong times and weaker times, the number of workers keeps growing, just at different rates. An outright decline strongly implies a recession.

[DB]

Raising the minimum wage also takes a toll on employment.

[Tarpon]

What do you think businesses are doing to make up the lost money spent on fuel? The lost customers who won't drive to your place of business? It's deserted at the stores around here, more help than customers. It was only a matter of time before the employees had to go. Look at the devastated auto industry.

Oil driven recession, the liberal love it. Save the planet. Pay more in taxes so government can pretend to control the weather.

Just yesterday, the city said taxes had to go up 20% so the city could keep going, hire more people. Exactly where are the people who live here supposed to get the money? We have the same nincompoops here as is in Washington.

[Cracker Jack]

The labor force fell by 8,000 in August.

Maybe. These numbers are usually released quickly, then revised later as more data comes in. These numbers often look worse for the republicans before they are revised. Do you suppose there are any civil service bureaucrats that would tweak the initial numbers to help Obama?

[txrangerette]

I would say this...the 8000 number is quite small. Yes, it went in a negative direction, but on the other hand the numbers are miniscule considering the size of our economy. In addition, it could be revised later on...have to wait and see.

We have had nothing else to indicate a recession. Which, remember, is back to back quarters with negative GDP.

What we have had is sluggishness. Prolonged sluggishness. However, the most recent growth numbers were trending upwards.

Finally, as another mentioned, these are lagging indications. Unemployment is always the last thing to show the ill effects of sluggish or negative growth GDP. It’s like looking in a rear view mirror.

And it will always be the last thing to show a positive turnaround.

Doesn’t mean the sky is falling.

I get so tired of the media saying that something was “unexpected” or “surprising” or “larger or smaller than predicted”.

How stupid is that?

There’s no way to hit these predictions on the head. Fact is, some of the recent data has been much better than anyone “expected”, so if this one is worse than expected, the whole thing evens out.

[Freedom_Is_Not_Free]

You gloomy doomer! Don’t be lying to the good folks of this forum. Trying to pretend we are in a recession to get Hitlery elected. This is the best economy since WWII. Manufacturing is booming. Housing is going up like wildflowers. Wall Street is on a tear. Consumers are consuming and business is just booming!!! With the international community decoupled from the USA, look for exports to double next month and the month after.

You are just a doom and gloomer trying to talk down the economy. Don’t be fooled! There is NOOOOOOOOO recession. It is just a dirty lie by the evil MSM! Don’t believe it.

Best time to buy... EEEEEEEEEVVVVVVVVVVVVEEEEEEEEEEERRRRRRRRRR!!!!!!!!!!!!