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"Job creation moved forward again in November, with the U.S. economy adding a better-than-expected 203,000 to the employment rolls in news likely to cloud the future of monetary policy.
The unemployment rate fell to 7 percent.
Economists were expecting the Bureau of Labor Statistics to report 180,000 new jobs created in November, down from an initially reported 204,000 in October. The unemployment rate was expected to decline a notch to 7.2 percent from 7.3 percent..."
Sounds like taper may come sooner rather than later.
Do you actually believe the federal government -- knowing their track record in telling the truth -- when it comes to the UE numbers?
It's an easy number to manipulate, but a very difficult number to verify.
Nonsense.
Economists and business leaders all over the world look at these numbers and use them to make their economic plans. I think those folks know a lot more about all this than you do.
Nonsense.
Economists and business leaders all over the world look at these numbers and use them to make their economic plans. I think those folks know a lot more about all this than you do.
Ken
Businesses, consumers and households make economic plans, economists are witch doctors.
How many predicted the housing bubble again?
The rate is much better than expected - it wasn't supposed to get here until latest 2015.
And, not surprisingly, if it continues with its decline it will be MUCH better than Romney said he'd get it to (6% by 2016).
Gosh.
Obama is SUCH a failure!
[from an article about Romney's promise: "...Based on the current rate of growth, the jobless rate is expected to fall to around 7% by the end of 2015, and 5.5% by the end of 2017, according to reports by the bipartisan Congressional Budget Office...."]
Temporary Christmas hiring. These people will be back on the street in January.
It might indeed pop up a bit in January - like it did this past January, then drop even more in February, March and April - again, like it did this spring.
Or, it might drop even further in January - like it did last year.
Either way the general trend is down (down .8% in the last year, down 1.6% in the last 2 years).
Businesses, consumers and households make economic plans, economists are witch doctors.
How many predicted the housing bubble again?
How many predicted the economic, stock market, and housing recoveries?
More to the point though, their track record is a WHOLE better than that of you wingnuts.
Ken
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