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Bob Schmahl

Minneapolis, MN

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#1
Dec 7, 2012
 

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Another month, another jobs report with something for both the optimists and pessimists. Here's something both should agree on, though: The job market is still not nearly strong enough.

The unemployment rate fell from 7.9 percent to 7.7 percent in November, the Bureau of Labor Statistics reported on Friday, the lowest jobless rate in four years. The number of workers on nonfarm payrolls expanded by 146,000 jobs -- better than Wall Street economists expected.

So that's the good news, the kind of news that makes Jack Welch suspicious. Behind the headlines, though, the guts of the report were more troubling.

For one thing, the government's estimate of job growth in September and October was revised lower by 49,000 jobs. With those revisions, job creation has averaged less than 139,000 per month in the past three months. That is less than the number of jobs, roughly 150,000 per month, needed to keep up with population growth.

Meanwhile, the unemployment rate did not fall because there were a ton more jobs in the economy. In fact, the number of people counted as "employed" in the survey that produces the jobless rate -- which is separate from the business survey that produces the payrolls report -- fell by 122,000. The unemployment rate dropped only because a whopping 350,000 people left the labor force.
Amused Slew

Seattle, WA

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#2
Dec 7, 2012
 

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So folks retired, haven't they always ??? Gee, you're really against America, aren't you ??? Oh well, a poor loser is the worst real loser....
Cloud 9

United States

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#3
Dec 7, 2012
 

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Revealing historical stats would be:

Number on welfare

Number on food stamps

Number on SS disability

Number with Obamaphones

Number with rent subsidy

Number on unemployment

Number in part time jobs from FT jobs

Number in Government jobs

Number in less than living wage jobs

Number who took early retirement
Bob Schmahl

Minneapolis, MN

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#4
Dec 7, 2012
 

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The Obama Administration cooks the books. Surprise!

The reason the unemployment fell this month was that 540,000 left the work force. Note that they are saying 146,000 new jobs is good news. The above missing workers are in the BLS numbers for this month, but not in the press release written by Obama's employees. More hypocricy from the corrupt Obama Administration.
goose

Wheaton, IL

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#5
Dec 7, 2012
 

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Amused Slew wrote:
So folks retired, haven't they always ??? Gee, you're really against America, aren't you ??? Oh well, a poor loser is the worst real loser....
Yeah right! So why did PAYROLL fall by 122,000 then?
How many "retired" but would have preferred a job!
Adam Smith

Saint Paul, MN

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#6
Dec 7, 2012
 

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The unemployment rate drooped because of the high number of people without unemployment benefits quit looking (officially anyway) for a job because there are none to be had in many parts of the country.
Amused Slew

Seattle, WA

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#7
Dec 8, 2012
 

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It dropped, but an idiot isn't worth reading...

So folks retired, haven't they always ??? Gee, you're really against America, aren't you ??? Oh well, a poor loser is the worst real loser....
goose

Wheaton, IL

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#8
Dec 8, 2012
 

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Yeah right Slew!
So why did PAYROLL fall by 122,000 then?
How many "retired" but would have preferred a job!
Amused Slew

Seattle, WA

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#9
Dec 8, 2012
 

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How many retired folks want a job ??? Why do you "think" they retired, then...

Man, you're a moron with questions and another person's moniker...
Grove

Minneapolis, MN

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#10
Dec 8, 2012
 

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Amused Slew wrote:
How many retired folks want a job ??? Why do you "think" they retired, then...
Man, you're a moron with questions and another person's moniker...
Hey moron...did you call it being retired when you for fired from the Post Office?
Consistent

Grantsburg, WI

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#11
Dec 8, 2012
 

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"Want to hear something funny"

It makes me LMAFRYUTE!~FU

As Members in Good Standing of the Permanent Sub-Class who Suckle of the Government Teat, many of the Demokrat Dependents posting here who have never produced one thing in their wasted existence, have an opinion to share about "The Unemployment Rate".

These Sheeple, as lead by their Uber Dependent, The Seattle Sociopath "Feel" that they have something of value to add to the conversation as they feed their Obese Bodies on food given to them by the Confiscation of their neighbors labor by a Collectivist State that keeps these Sheeple fat for their Vote!

This be somb funny shaaat!
Amused Slew

Seattle, WA

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#12
Dec 8, 2012
 

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Hey moron, never been fired, is this more wing nut reality, like your candidate and the chair...
Amused Slew

Seattle, WA

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#13
Dec 8, 2012
 

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Consistent wrote:
"Want to hear something funny"
It makes me LMAFRYUTE!~FU
As Members in Good Standing of the Permanent Sub-Class who Suckle of the Government Teat, many of the Demokrat Dependents posting here who have never produced one thing in their wasted existence, have an opinion to share about "The Unemployment Rate".
These Sheeple, as lead by their Uber Dependent, The Seattle Sociopath "Feel" that they have something of value to add to the conversation as they feed their Obese Bodies on food given to them by the Confiscation of their neighbors labor by a Collectivist State that keeps these Sheeple fat for their Vote!
This be somb funny shaaat!
Yep, you're community supplied medical is "somb funny shaaat!"

The hypocrisy is evident and even your partisan pals are wise you NEED to cry for your teat, by denying another VALUABLE person's chances. LMAOROTFu~!
Grove

Minneapolis, MN

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#14
Dec 8, 2012
 

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Amused Slew wrote:
<quoted text>Yep, you're community supplied medical is "somb funny shaaat!"
The hypocrisy is evident and even your partisan pals are wise you NEED to cry for your teat, by denying another VALUABLE person's chances. LMAOROTFu~!
Did you ever notice how most real Americans hate the lazy a**holes like you that get fired from the Post Office and then make up lies about others?
goose

Wheaton, IL

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#15
Dec 8, 2012
 

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Amused Slew wrote:
How many retired folks want a job ??? Why do you "think" they retired, then...
Man, you're a moron with questions and another person's moniker...
A consistently clueless lib! That is Slew!
No I am not using another persons moniker. I have used this one for years. Besides it is not registered dipsh!t.
Bob Schmahl

Minneapolis, MN

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#16
Dec 8, 2012
 

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Sure. Tell us about it. We believe you.
Bob Schmahl

Minneapolis, MN

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#17
Dec 8, 2012
 

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Bob Schmahl wrote:
Sure. Tell us about it. We believe you.
Stop using my name you POS.
Bridgework

Minneapolis, MN

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#18
Dec 8, 2012
 

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Stop using my name you POS.
Public Servant

Providence, UT

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#19
Dec 8, 2012
 

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Someone looks like they are having an identity crisis here, most likely a wingnut.
Bob Schmahl

Saint Paul, MN

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#20
Dec 10, 2012
 

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Stop using my name you POS.

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