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Old 02-04-2011, 08:48 AM
 
Location: Hoboken
19,890 posts, read 18,745,357 times
Reputation: 3146

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Quote:
Originally Posted by Winter_Sucks View Post
They are not alarming, but they are not great. We are going to need a lot more jobs to bring down the unemployment rate. Many economists are blaming the bad winter snowstorms for putting a damper on some hiring. There are good indicators pointing to strong growth and the Fed will continue QE 2, which hopefully will help more people find work or start their own business.

A lot of the job losses now are actually coming from the public sector because of state and local governments cutting workers, so that also cuts into the growth numbers we are currently seeing.

Nope, it is alarming. there have been an average of 83K created over the last 3 months, not enough to cover population growth. LOL, please point out a an indicator of strong growth. Please point out what good QE2 has done.
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Old 02-04-2011, 09:25 AM
 
2,514 posts, read 1,986,274 times
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Originally Posted by HappyTexan View Post
Service though is not producing anything new.
Service doesn't lead to innovation and advancement.
Service is also not high paying.
You said it. We need service to pay what manufacturing did.
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