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Old 06-04-2010, 07:37 AM
 
Location: Great State of Texas
86,052 posts, read 84,519,997 times
Reputation: 27720

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Sometimes it's not the number of new jobs gained..it's WHERE those new jobs are happening.
Just reveling in the total doesn't give you a trend. As they say..the devil is in the details.

Employment Situation Summary
From the BLS report:
Manufacturing employment increased by 29,000 over the month.
Temporary help services added 31,000 jobs over the month
Employment in mining continued to increase in May, with a gain of 10,000.
Health care employment was little changed in May (+8,000)
In May, employment in construction declined by 35,000
Employment in state government excluding education decreased by 13,000.

The change in total nonfarm payroll employment for March was revised
from +230,000 to +208,000.
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Old 06-04-2010, 07:40 AM
 
Location: USA
2,362 posts, read 2,997,693 times
Reputation: 1854
My company has been hiring the past six months.

Sanrene, what are you doing to help the private sector? Even better, what are you doing to help our country?
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Old 06-04-2010, 07:42 AM
 
Location: southern california
61,288 posts, read 87,449,435 times
Reputation: 55563
yep, those of you going out and buying houses cars and accepting big fat student loans, think again.
i see a one term president standing in the oval office.
the true model is brazil recovery, auterity and energy independence. not drunk sailor spending.
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Old 06-04-2010, 07:49 AM
 
Location: Great State of Texas
86,052 posts, read 84,519,997 times
Reputation: 27720
And Wall Street saw the devil in those details..DOW down 200 points.
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Old 06-04-2010, 07:52 AM
 
3,153 posts, read 3,595,461 times
Reputation: 1080
Is this really a shocker to most people who are aware of what the Obama dictatorship is trying to do?? Of course, the federal govt has to step in and hire more people to save ( = control) us...never let a good crisis go to waste...are they still saving and / or creating jobs?? What a joke..
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Old 06-04-2010, 07:57 AM
 
Location: Charlotte
12,642 posts, read 15,603,956 times
Reputation: 1680
Cool hmm...

Quote:
Originally Posted by sanrene View Post
This is NOT good news. The experts were "expecting" over 550,000 jobs created.
That's a lot of folks working, earning a paycheck to be considered NOT good news...
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Old 06-04-2010, 08:05 AM
 
Location: Florida
76,971 posts, read 47,659,569 times
Reputation: 14806
Quote:
Originally Posted by sanrene View Post
The pull back in the private sector from 200,000 in March and 290,000 in April is a really bad sign. People are still not spending (no surprise there, obama's policies are dictating that people squirrel away all they can for the coming tax hikes), business is not hiring.
.
Everything is always a really bad sign, isn't it, and your claim about consumer spending is as false. Yes, savings are way up (horribe, isn't it), but at the same time consumer spending has been rising all year.

When busineses hired 200K in March, and 290K in April, you did your darnest to downplay that too, so why should anyone take your comments seriously?

The economy has added nearly a million jobs this year, and yet everything is a "really bad sign".
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Old 06-04-2010, 08:08 AM
 
Location: Tampa Florida
22,229 posts, read 17,863,405 times
Reputation: 4585
Quote:
Originally Posted by sanrene View Post
Where is the reveling?
I just think that, considering where this Country has come from in jobs area, any gain is good news. Maybe not as good as we, well most, of us would like, but good all the same. So, from your perspective, I guess you are right when you characterize the news as bad.
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Old 06-04-2010, 08:08 AM
 
Location: Florida
76,971 posts, read 47,659,569 times
Reputation: 14806
Quote:
Originally Posted by wdavid002 View Post
Is this really a shocker to most people who are aware of what the Obama dictatorship is trying to do?? Of course, the federal govt has to step in and hire more people to save ( = control) us...never let a good crisis go to waste...are they still saving and / or creating jobs?? What a joke..
It may be a joke to you, but census is a constitutional mandate, and not some stunt any president can do whenever they feel like it. Are you kidding me?
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Old 06-04-2010, 08:13 AM
 
69,368 posts, read 64,135,461 times
Reputation: 9383
Quote:
Originally Posted by Finn_Jarber View Post
Unemployment rate falls to 9.7%.

This is really bad. Worse, it is disgusting.

Let us all cry about this for a minute:
Llast month you ignored the unemployment rate to celebrated the increase in unemployment because more entered the work force.. Now you want to ignore the work force numbers and those who stopped looking for work to only focus on the unemployment rate.

Tell me, which one is important because you keep flip flopping from month to month..
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