[TomGuy]

Stuart Varney said on FoxNews about a year ago that the economy would need to be creating 200k jobs per week just to stay even.

At 400k new jobless per WEEK, that is 1.6 million new unemployed per month. 100k new jobs per MONTH isn’t going to make a dent in that.

[qman]

Keep in mind people come and go from the job market, check the rolling numbers of unemployed for the actual unemployed rate. Keep in mind the current administration changed the way it’s figured, witch makes the numbers look better than they would under the old system. The actual unemployment rate is around 12% under the old system.

[WhistlingPastTheGraveyard]

Check the posting history of the bot you’re responding to and you’ll understand exactly what you’re dealing with.

[NC28203]

>>>Stuart Varney said on FoxNews about a year ago that the economy would need to be creating 200k jobs per week just to stay even. At 400k new jobless per WEEK, that is 1.6 million new unemployed per month. 100k new jobs per MONTH isn’t going to make a dent in that.

I'm guessing that Mr. Varney said 200K per month, not week. As I noted in my prior post, even at the peak of jobs growth in 2005 and 2006, we would have been well below the level you posit as necessary to stay even.

On the second item, you are comparing apples and oranges. The weekly claims only report job losses. The monthly number is payroll job increases, net of job losses.

[Longbow1969]

Stuart Varney said on FoxNews about a year ago that the economy would need to be creating 200k jobs per week just to stay even.

At 400k new jobless per WEEK, that is 1.6 million new unemployed per month. 100k new jobs per MONTH isn’t going to make a dent in that.

You are mixing up reports, apparently misunderstood Varney and are otherwise entirely incorrect. You should stop posting on this subject till you know what you are talking about.

[NC28203]

>>>Stuart Varney said on FoxNews about a year ago that the economy would need to be creating 200k jobs per week just to stay even.

"Though estimates vary, many experts say that the economy needs to add roughly 125,000 jobs per month to keep pace with population growth, and 200,000 jobs per month to bring down the 9.1 percent unemployment rate."

http://www.usnews.com/news/articles/2011/11/02/adp-challenger-data-suggest-middling-jobs-number-for-friday