Posted on 10/04/2014 6:56:17 AM PDT by rktman
The media celebrated Friday as the Department of Labor announced a surge of hiring 248,000 new jobs added in September. The unemployment rate has now dropped to 5.9 percent.
The Labor Department also revised upward the jobs numbers from July and August, adding 69,000 jobs; that puts the last three months of job growth at 671,000. The Associated Press, among others, speculates that the Federal Reserve may now talk about raising interest rates.
But all is not well in the real economy. Here are five indicators that despite the rosy picture being painted of the Obama economy, things still arent booming for the average American:
(Excerpt) Read more at breitbart.com ...
I have used Ebay as a sort of barometer and see a real drop overall. A few things I interested in still get some activity which figures.
The unemployment rate has now dropped to 5.9 percent.
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One month before the election. Imagine that.
Some items I watch are asking crazy high prices now. No activity at all. Folks are panicking trying to find cash anyway they can
Just follow the 10 year treasury note . When the economy is really improving the Fed won’t have to keep suppressing interest rates.
LOL! I guess that kinda depends on your interests. I know some things are still getting action while others are seemingly stagnant.
Some stuff is absurdly priced I have to agree.
There was a 70s era 99% complete Space 1999 Eagle, the big one that I ran across and watched. It went for a little over $400 but the guy had to list it twice and come down on the price some.
I would like to get another 67 or 68 Cougar like the one I had for a little while but had to get rid of to appease someone.
Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate. Age: 16 years and over
Now add in $8T of additional debt obligations.
I have some oddball tastes I admit.
Old military surplus small equipment with moving parts, the more the better, same with some automotive and farm, and some lab equipment. I make a few bucks with stock footage and just about everything now has logos and numbers all over. Here are some things.
http://www.shutterstock.com/video/search/?contributor_id=64505
http://us.fotolia.com/p/201245571
http://www.revostock.com/ViewProfile.html?&ID=194070
I also go to most any kind of airshow, old car, old farm equipment, livestock, or anywhere that people will bring and show stuff off.
Photos are easy enough to fix but video is another animal. I’ve signed up for a trial of Adobe After Effects which is something I have no real idea how to use.
Apart from cover ups, my main problem is dust and grit on the sensor that shows up only after seen in normal view. It isn’t often since I routinely clean the sensor.
Interesting, and it looks like it’ll keep you off the streets. :>} Good luck with the Adobe After Effects. You know more than me since I didn’t even know it was out there. LOL!
With all the travel to the shows I spend a lot on the road on weekends when I feel up to traveling.
I cross two counties to the office in the woods M-F and some weekends when I get a call. After a while that highway travel beats me up.
I just transitioned over to Sony Vegas for an editor and it supposedly has some kind of fixing tool. It is loaded with all kinds of bells and whistles. I doubt I will ever use it all. For a long time I was a Pinnacle Studio user. The past two versions on two different computers have developed the same problems.
Here is the first slap together with Vegas. I love the time code window generator effect. It is cheesy with some stock music that I finally found that somewhat fit the mood.
https://www.youtube.com/watch?v=utf0Vm_RsVM
There are two main streams of money for Monument dealers: NEW monuments and additional inscriptions on EXISTING monuments.
All through the last six years there have been small drops and returns to level in inscriptions. The Monument side has been steady. This year the monument side has dropped hard...that is people are leaving their loved ones graves unmarked for the time being. In 32 years this is a first. The next scary indicator will be a price drop at the dealer for new and existing.
According to the Bureau of Labor and Statistics, more people are LOSING THEIR JOBS and LEAVING THE WORKFORCE than there are jobs actually being created.
Weekly first time jobless claims (job losses) have been averaging @ 315,000.
Monthly job creation for just September was 248,000. That's over 1,417,000 people MONTHLY who lose their jobs, who then have to compete for the less than 300,000 jobs "created" in that same month.
This is not a "robust" economy, it's not even anything resembling a "recovery."
We have the lowest workforce participation rate in this country in well over 50 years. More people are dependent on some form of Government Benefit than there are people actually working.
This "economy" isn't sustainable. Anyone who believes we're in recovery or the economy is doing well is a FOOL.
Were it not for the 330,000+ people leaving the workforce each month, unemployment would be well over 10% and REAL UNEMPLOYMENT which counts those who are under-employed, unemployed and given-up would be well over 17%.
Finally, here's the most scary statistic I've found to date: 1 in 5 Working Americans has LOST THEIR JOB in the last 6 years and had to find new work. That's 20% of working American's have had their lives disrupted by job loss.
Of that 20%, more than HALF have yet to find meaningful full-time employment with any sort of benefits.
All this information is out there folks, the Bureau of Labor & Statistics, Forbes Magazine, Wall Street Journal, Investors Business Daily and others all talk about these numbers.
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