Unemployment Down Market Going Up & Up...Thanks to Pres Obama (unemployment rate, gas prices)
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unemployment is improving because he continued the bush tax cuts
thank you
A big factor in the lower unemployment rate is that many people who stopped looking for jobs during the recession still haven't started looking for one. So they're not counted as unemployed. The proportion of people who either have a job or are looking for one is surprisingly low for this stage of the recovery.
Local governments, wrestling with budget shortfalls, cut 15,000 workers last month and are expected to keep shedding jobs. Home prices are falling amid weak sales and a record number of foreclosures. Higher food and gas prices are leaving consumers with less disposable income to spend on other goods and services.
Workers' paychecks were flat in March. Average hourly earnings held steady at $22.87, unchanged from February. Workers have little bargaining power to demand big pay raises because the job market is still healing slowly.
Aside from layoffs by local governments, other sectors eliminating jobs included construction, transportation and warehousing, and information services, such as telecommunications. State government hiring was flat, after four straight months of layoffs.
I'd say Fox news was pretty accurate. Its GOOD for Obamas job security, but no where is Obama to get credit. Coincidently the unemployment goes up as the stimulus bill winds down? Coincidence the unemployment goes down as tax cuts get extended? Coincidence unemployment goes down as the GOP gains the House stopping Democrats from their destructive policies?
I'd say Fox news was pretty accurate. Its GOOD for Obamas job security, but no where is Obama to get credit. Coincidently the unemployment goes up as the stimulus bill winds down? Coincidence the unemployment goes down as tax cuts get extended? Coincidence unemployment goes down as the GOP gains the House stopping Democrats from their destructive policies?
I think not..
And Coincidently seasonal summer jobs are hiring again.
And Coincidently seasonal summer jobs are hiring again.
Can someone clue me in. With the exception of summer associate positions at law firms and the summer youth employment programs that are run throughout the summer, what is the seasonal summer jobs thing people are talking about? I never knew this to be a peak time of hiring.
And Coincidently seasonal summer jobs are hiring again.
Considering surveys recently that 50%+ of the CEO's plan to hire in the next 6 months, a 9 year record, I'd say its more than just summer jobs. Its a true sign of recovery..
Now we can begin to celebrate with TRUE hiring taking place.. But lets give credit where credit is due.. Its definately NOT Obama..
Can someone clue me in. With the exception of summer associate positions at law firms and the summer youth employment programs that are run throughout the summer, what is the seasonal summer jobs thing people are talking about? I never knew this to be a peak time of hiring.
You always get a summer job boost because of things like landscaping, outdoor home remodeling etc..
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I'd say Fox news was pretty accurate. Its GOOD for Obamas job security, but no where is Obama to get credit. Coincidently the unemployment goes up as the stimulus bill winds down? Coincidence the unemployment goes down as tax cuts get extended? Coincidence unemployment goes down as the GOP gains the House stopping Democrats from their destructive policies?
