New projection: 2.3 million fewer people working in 2010 (health care, how much, dollars)

[EnjoyTheSilence]

Originally Posted by Reads2MUCH

Please, share with us a link to prove this statement.

Granted, the 80% figure may be a tad excessive, but:

U.S. employers see hires in year ahead | Small Business | Reuters

[malamute]

Originally Posted by KevK

That is a lie. 80% of employers plan to hire soon.

What if 80% of employers plan to hire soon but only half the positions that will be vacated?

An employer of say 1000 employees could certainly plan to hire someone soon, maybe 5 people are retiring, one will be replaced.

[AlfredB1979]

Originally Posted by KevK

That is a lie. 80% of employers plan to hire soon.

How?

The general public that has realized that their debtloads are unsustainable isn't spending money.

In other words, those businesses you speak of have to hire and add to their expense while having less revenue.

What next? Ford stock with its junk bond rating is a great buy?

Common sense, FTW.

[pommysmommy]

Originally Posted by Reads2MUCH

Please, share with us a link to prove this statement.

Please make the link from a source that does not try to lure people looking for a job. Thank you in advance.

[texdav]

I thnik l;ike allrecesions when employers cut staff its a chance to determine staffing all over again.it also is a time when more automation is decided on. Certainly there are many jobs in the manufacuring sector that will not be coming back.I also think many emplyers will decide staffing based on what heathcare legistion passes and wil pay for any cost in staffig and higher prices as a combination.I do beleiev they will be hiring but not replacing all the positons loss.Just like the 70's recession where many became self empoyed by starting their own small business this time some like that happens.That is what lead to the huge growth in small busineeses we have now.

[Huckleberry3911948]

there was no stimulus only monster bailouts.

[SLCPUNK]

Originally Posted by Reads2MUCH

Please, share with us a link to prove this statement.

I do believe it was already posted on this forum.

[bls5555]

Originally Posted by KevK

That is a lie. 80% of employers plan to hire soon.

Better get those plans in action. Weren't there 590,000 new unemployment claims (number might be off)?

[cleanhouse]

Originally Posted by Randomstudent

You do realize the stimulus is a long term piece of legislation and is not suppose to be really felt in the economy until 2011 right?

nope, we were promised the stimulus would create 600,000 jobs by the end of the summer. Well its the end of the summer and we are minus alot more jobs than 600,000;

President Barack Obama Says 600,000 Jobs Will Be Created By Stimulus Plan This Summer - wcbstv.com (http://wcbstv.com/cbsnational/obama.economic.stimulus.2.1035458.html - broken link)

[RobertGibbs]

Originally Posted by TXboomerang

Lets remember that the number of jobs lost per month has been dropping!

Of course, there are so many less jobs to get rid of now than there was 6-8 months ago, eventually employers are going to run out of people to lay off. So simple math will tell you that the number of jobs lost by month will have to decline at some point.

I do think things have leveled out a little bit now. But I think the second dip is coming sooner or later. I hope its not too big of a dip.

I work for a state labor department. Let me tell you something, the numbers are skewed to make them look better than they really are. They only look at people actually CLAIMING Unemployment benefits. Once they run out of their benefits, they consider those people back at work, when in fact they are not. So any new claims are just adding ontop of what was there before. It's all a shell game that is being played out to the public.