Gallup-Unemployment 7.3%

[edthecynic]

Gallup Daily: U.S. Employment

 

[edthecynic]

Gallup Daily: U.S. Employment

With unemployment at 7.3% Jackass Welch says 7.8% is “downright implausible.”
Jackass Welch is “downright implausible.”

Jack Welch fires back over jobs report flap - Bottom Line

By Roland Jones, NBC News
Jack Welch has fired back over his widely-criticized tweet on the latest jobs report, writing in an op-ed in The Wall Street Journal Wednesday that the reported 7.8 percent U.S. unemployment rate is “downright implausible.”

 

[Truthseeker420]

Great Job Obama !

 

[The Infidel]

What a crock of shit...


[ame=http://www.youtube.com/watch?v=qRCaa3TYHyQ]Oh, S**t!':Santelli Gets Into Knock-Down, Drag-Out Shouting Match Over Jobs Report - YouTube[/ame]

 

[ScienceRocks]

My god that's a lot of people dropping out of the work force.

What are these jobs? They're NOT renewables as many of those are being let off from the tax credit not being renewed. Can't be tech jobs as yesterday I read they're laying off.

Obama is turning this country into a low paid part time economy.

 

[Stephanie]

My god that's a lot of people dropping out of the work force.

What are these jobs? They're NOT renewable as many of those are being let off from the tax credit not being renewed. Can't be tech jobs as yesterday I read they're laying off.

Obama is turning this country into a low paid part time economy.

Well lets not forget to congratulate OBAMA as his cult members think we should

 

[ScienceRocks]

On January first if something isn't done we better be ready for a depression. By May the unemployment will be over 10 percent.


If Obama wins I'd be willing to allow a 1-3% tax on people making more than a million dollars a year(income tax). Hopefully, Obama follows through with his lowering of the corporate.

I honestly, don't think it will help much, but if they're willing to take our economy over the cliff because of it. Well, what choice do we have.

 

[Paulie]

My god that's a lot of people dropping out of the work force.

What are these jobs? They're NOT renewable as many of those are being let off from the tax credit not being renewed. Can't be tech jobs as yesterday I read they're laying off.

Obama is turning this country into a low paid part time economy.

Well lets not forget to congratulate OBAMA as his cult members think we should

I often wonder why when theres 7 billion threads in the politics section talking about nothing other than partisan bullshit, people will come into the Econ forum and a thread that's about a very specific thing, and drive through with nothing but a quick partisan pot shot.

It's fucking corny as fuck.

 

[Mad Scientist]

"Fat, drunk and stupid is no way go through life son."

 

[Truthseeker420]

Obama is doing a great job on the economy.

 

[Rshermr]

On January first if something isn't done we better be ready for a depression. By May the unemployment will be over 10 percent.


If Obama wins I'd be willing to allow a 1-3% tax on people making more than a million dollars a year(income tax). Hopefully, Obama follows through with his lowering of the corporate.

I honestly, don't think it will help much, but if they're willing to take our economy over the cliff because of it. Well, what choice do we have.

Over a cliff, over a cliff. We should really look at what happened in prior dem economies. Like the , great depression of 1929, or the great recession of 2008. See what those damned dems do???

Oh, shit, my mistake. Ignore the prior sentence. Those were REPUBLICAN administrations. The efforts to dig the economy out of the pig sty left by those guys was left to dems. Repubs just obstruct.

 

[iamwhatiseem]

A sharp drop in the number of weekly jobless claims filed last week was caused by the failure of one large state to report all of its claims, a Labor Department spokesman confirmed to FOX Business.

Initial jobless claims, which are a measure of the number of people recently laid off, fell by 30,000 to a seasonally adjusted 339,000, the lowest level in more than four years.

But the Labor Department spokesman said the numbers were skewed by one large state that underreported its data. The spokesman declined to identify the state, but economists believe California is the only state large enough to have such a significant impact on the overall numbers.

According to the spokesman, the reason that state’s claims numbers fell short was because the state left out a pile of unprocessed claims related to seasonal factors around the beginning of the fourth quarter, which began Oct. 1.

In a research note, Stephen Stanley of Pierpont Securities summed up the data: “In short, this reading is worthless in terms of informing on the general economy.”

Read more: Jobless Claims Data Skewed Downward | Fox Business

.