Unemployment rate drops slightly in Erie in February

Apr 3, 2013 | Posted by: roboblogger | Full story: Erie Times News

But on the plus side, the number of employed Erie County residents -- a statistic that includes those working outside the county -- increased by a seasonally adjusted 2,400 in February from one year ago.

Comments
1 - 5 of 5 Comments Last updated Jul 1, 2013
TaxNoMore

Los Angeles, CA

#1 Apr 3, 2013
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Statewide, the jobless rate dropped from 8.2 percent in January to 8.1 percent in February, while the national rate dropped two-tenths of a percentage point to 7.7 percent.

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U-6 Total unemployed, plus all persons marginally attached to the labor force,

plus total employed part time for economic reasons,

as a percent of the civilian labor force plus all persons marginally attached to the labor force

14.3 Feb 2013

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Recession Over, Obama Takes Credit
JAMES JOYNER

THURSDAY, OCTOBER 29, 2009

As widely expected, the Powers That Be have declared the recession over, while cautioning that the economy still has a long way to go.

And, of course, the Obama administration is crediting its stimulus packages for the good news.
TaxNoMore

Los Angeles, CA

#2 Apr 3, 2013
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In February, the Congressional Budget Office published its latest report on the "estimated impact" of the stimulus.

Although it had originally estimated the stimulus would cost $787 billion, CBO now says it will cost $831 billion.

In the second quarter of 2012, CBO estimates, somewhere between 200,000 to 1.2 million people have jobs they otherwise would not have were it not for the stimulus.

Assuming, optimistically, that the number is 1.2 million, that means each of those jobs cost taxpayers $692,500.

As time goes on, the maximum number of jobs sustained by Obama's stimulus will decline rapidly.

By the first quarter of 2013, it will sustain between 100,000 and 600,000 jobs, says CBO.

If it is 600,000, each of those jobs will have cost taxpayers $1,385,000.

By the fourth quarter of 2013, the maximum number of jobs it sustains will be 400,000 at a cost to taxpayers of $2,077,500 per job.

It is true that Obama entered office in the midst of a deep recession.

But, according to the National Bureau of Economic Research, that recession ended in June 2009, almost three years ago.

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obummer, a four year failure
TaxNoMore

Los Angeles, CA

#3 Apr 3, 2013
Chairman, Council of
Economic Advisers
Executive Office of the President
Washington, DC 20502

Dear Dr. Mankiw:

I noticed in the recently released Economic Report of the President that there was some consternation in the defining of manufacturing.

It could be inferred from your report that the administration is willing to recognize drink mixing,

hamburger garnishing,

French/freedom fry cooking,

and milk shake mixing to be vital components of our manufacturing sector.

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The education and health services sectors showed a net decline of 1,000 jobs,

and professional and business service jobs declined by 900 from February 2012 to February 2013.
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On an optimistic note, manufacturing jobs increased by 700 during that same period, and trade,

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transportation and utility jobs increased by 600.

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obummer, a four year failure
TaxNoMore

Los Angeles, CA

#4 Apr 3, 2013
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Chairman, Council of
Economic Advisers
Executive Office of the President
Washington, DC 20502

Dear Dr. Mankiw:

I noticed in the recently released Economic Report of the President that there was some consternation in the defining of manufacturing.

It could be inferred from your report that the administration is willing to recognize

drink mixing,

hamburger garnishing,

French/freedom fry cooking,

and milk shake mixing to be vital components of our manufacturing sector.

..........

Be proud!!!!

You have a manufacturing job.

If you get sick of burgers, try Chick-fil-A.
John

Poland

#5 Jul 1, 2013
http://articlesdays.com/unemployment-rate

this is so good and best comparison to check unemployment rate in the world

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