December add 200K jobs, Unemployment rate drops to 8.5% (statistics, deaths, politicians)
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Wait for the January number. All those Holiday season jobs won't be around anymore and it will give us a true reading of where we are on unemployment.
Quote:
Originally Posted by AeroGuyDC
Sure you can. People will be laid off in January. That's how seasonal hiring works. This was not unexpected.
Interestingly, not one single mention of a seasonal workforce was mentioned in the article. For that reason, this is either woefully lacking news reporting, or woefully biased towards Barack Obama.
Any positive news on economy must really hurt you guys. Keep up the insanity. Y'all are the real Americans, after all.
Any positive news on economy must really hurt you guys. Keep up the insanity. Y'all are the real Americans, after all.
Are you of the opinion that these numbers won't be "adjusted downward" "unexpectedly?"
Afterall, you can't put toothpaste back in the tube. The theme of this Presidency is either misinformation or incompetency. The good news (for him) is that his loyal flock only hear the inflated numbers, but they never hear the adjusted numbers that are thrown out during the Friday Afternoon News Dump.
Bottom Line - Hiring gained traction in December (http://bottomline.msnbc.msn.com/_news/2012/01/06/10002777-hiring-gained-traction-in-december - broken link)
Best month to month job gains since 2006.
Good news for Obama in the new year.
You can't spin that in a bad way.
From your article, "However, the payrolls count for October and November was revised to show 8,000 fewer jobs created than previously reported, taking some edge off the data."
Hasn't this happened ever time we get a report?
I am not questioning your data but, would like to know how many of those jobs are Christmas temps?
If we added 3 million jobs in December alone, people would still complain.
Yes and there would be those who would still demand another unemployment extension and continuation of the food stamp program and government spending on these programs.
Actually under that logic, one would judge Obama based upon 2014 numbers, AFTER he leaves office
PGH, Who's fault was the job losses between January 2009-March 2009?
You're talking about partisanship. You think its logical to blame Obama when he barely set foot into the White House and his policy hadn't taken in effect yet?
Especially since the trend of job losses were growing substantially prior to January 2009? January 2009-March 2009 simply continued the unemployment trend that was an effect of the economic collapse.
I could understand if everything was all peachy when Obama came into office AND THEN the job losses began.
Obama should get some of the blame for the stagnation and not improving as much as we could have since 2009.
But again to blame Obama for the lob losses in early 2009 and not place that blame on Bush is completely ignorant.
And I will say that thoses on unemployment and welfare now have a new sense of hope! You think people prefer to starve on welfare than work? I don't think so! This is indeed great news
As long as they prove their new hope and go out and get a job.
No one is starving on welfare which is one of the problems, there are those who are perfectly happy doing nothing with themselves.
PGH, Who's fault was the job losses between January 2009-March 2009?
You're talking about partisanship. You think its logical to blame Obama when he barely set foot into the White House and his policy hadn't taken in effect yet?
Especially since the trend of job losses were growing substantially prior to January 2009. January 2009-March 2009 continued the unemployment trend that was an effect of the economic collapse.
I could understand if everything was all peachy when Obama came into office AND THEN the job losses began.
Obama should get some of the blame for the stagnation and not improving as much as we could have.
But again to blame Obama for the lob losses in early 2009 and not place that blame on Bush is completely ignorant.
Its called THE ECONOMY.. Where the hell have I blamed Obama? See, another liberal who has to LIE about what others say
Has NO ONE here ever studied economic cycles? The economy goes up, it goes down, now its going back up.. ITS NOT RELATED TO ANY POLITICIAN.
Are you of the opinion that these numbers won't be "adjusted downward" "unexpectedly?"
Afterall, you can't put toothpaste back in the tube. The theme of this Presidency is either misinformation or incompetency. The good news (for him) is that his loyal flock only hear the inflated numbers, but they never hear the adjusted numbers that are thrown out during the Friday Afternoon News Dump.
They are always adjusted when more hard data is evaluated. Sometimes up, sometimes down. I agree we don't hear much about toothpaste.
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