Jobless claims rise.

[Dissent]

Jobless claims rise, labor market healing very slowly - Yahoo! News

Maybe Obama will blame Bush or repeat the same old shit that its getting better...Of course the fed is gonna fuck with the economy again and try and fix things...business as usual....sad thing is the sheeple will either re elect odumbo or elect romney so shit will never get better..GOVERNMENT DOESN'T FIX THE ECONOMY!

 

[beretta304]

They'll get it in November.

 

[SniperFire]

Our wealth and job producers are simply going to remain on the sidelines until the clear and present danger of the Obama Regime has abated.

Vote responsibly next time, peeps.

 

[pinqy]

It's been bouncing around. The average number of new claims/week has been about 371,000. In 2011 it was 406,000 and in 2010 it was 454,000

So it's a matter of what you want to compare. Is 372,000 a good indicator of decent job growth? Nope. Is it better than in the last few years? Yep.

But we'll see the Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right, and both are ignoring the whole picture.

 

[beretta304]

Wait until those that had summer jobs hit the rolls in Oct.

 

[PoliticalChic]

It's been bouncing around. The average number of new claims/week has been about 371,000. In 2011 it was 406,000 and in 2010 it was 454,000

So it's a matter of what you want to compare. Is 372,000 a good indicator of decent job growth? Nope. Is it better than in the last few years? Yep.

But we'll see the Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right, and both are ignoring the whole picture.

Well, then, let's see what the numbers say....


1. Population growth is about 1% annually.
Population growth (annual %) | Data | Table


2. The slowdown in job growth has been stark. From December through February, the economy produced an average of 252,000 jobs a month, twice what is needed to keep up with population growth.
But the jobs generator started sputtering in March, when job growth slowed to 143,000.
Job growth continues to be weak - The Reporter


3. New numbers released today by the Bureau of Labor Statistics show that the economy added a mere 80,000 jobs in June. That’s down from an average of 150,000 jobs a month for the first part of the year, and far too little to keep up with population growth. 5 Ways Republicans Have Sabotaged Job Growth | ThinkProgress


4. In an article on the June employment report the NYT told readers that the economy needs 150,000 jobs per month to keep pace with the growth in the population. Actually, the Congressional Budget Office projects that the underlying rate of labor force growth is now just 0.7 percent annually. This comes to roughly 1,050,000 a year or just under 90,000 a month.
We Need 90,000 Jobs Per Month to Keep Pace With the Growth of the Population | Beat the Press

 

[Truthmatters]

Layoffs are down.

This report could spur some more stimulus.

 

[Dissent]

Yeah. Stimulus worked so damn well last time...

 

[beretta304]

Yeah. Stimulus worked so damn well last time...

And Bernacke wants to do it again.

 

[Dissent]

Yeah I know...trying to keep their grip on power even as the people wake up slowly but surely...

 

[pinqy]

It's been bouncing around. The average number of new claims/week has been about 371,000. In 2011 it was 406,000 and in 2010 it was 454,000

So it's a matter of what you want to compare. Is 372,000 a good indicator of decent job growth? Nope. Is it better than in the last few years? Yep.

But we'll see the Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right, and both are ignoring the whole picture.

Well, then, let's see what the numbers say....


1. Population growth is about 1% annually.
Population growth (annual %) | Data | Table


2. The slowdown in job growth has been stark. From December through February, the economy produced an average of 252,000 jobs a month, twice what is needed to keep up with population growth.
But the jobs generator started sputtering in March, when job growth slowed to 143,000.
Job growth continues to be weak - The Reporter


3. New numbers released today by the Bureau of Labor Statistics show that the economy added a mere 80,000 jobs in June. That’s down from an average of 150,000 jobs a month for the first part of the year, and far too little to keep up with population growth. 5 Ways Republicans Have Sabotaged Job Growth | ThinkProgress


4. In an article on the June employment report the NYT told readers that the economy needs 150,000 jobs per month to keep pace with the growth in the population. Actually, the Congressional Budget Office projects that the underlying rate of labor force growth is now just 0.7 percent annually. This comes to roughly 1,050,000 a year or just under 90,000 a month.
We Need 90,000 Jobs Per Month to Keep Pace With the Growth of the Population | Beat the Press

Interesting...none of that had anything at all to do with my post.

 

[SniperFire]

Yeah. Stimulus worked so damn well last time...

And Bernacke wants to do it again.

I hear Solyndra has some great products which just need a little gubmint stimulating...

 

[PoliticalChic]

It's been bouncing around. The average number of new claims/week has been about 371,000. In 2011 it was 406,000 and in 2010 it was 454,000

So it's a matter of what you want to compare. Is 372,000 a good indicator of decent job growth? Nope. Is it better than in the last few years? Yep.

But we'll see the Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right, and both are ignoring the whole picture.

Well, then, let's see what the numbers say....


1. Population growth is about 1% annually.
Population growth (annual %) | Data | Table


2. The slowdown in job growth has been stark. From December through February, the economy produced an average of 252,000 jobs a month, twice what is needed to keep up with population growth.
But the jobs generator started sputtering in March, when job growth slowed to 143,000.
Job growth continues to be weak - The Reporter


3. New numbers released today by the Bureau of Labor Statistics show that the economy added a mere 80,000 jobs in June. That’s down from an average of 150,000 jobs a month for the first part of the year, and far too little to keep up with population growth. 5 Ways Republicans Have Sabotaged Job Growth | ThinkProgress


4. In an article on the June employment report the NYT told readers that the economy needs 150,000 jobs per month to keep pace with the growth in the population. Actually, the Congressional Budget Office projects that the underlying rate of labor force growth is now just 0.7 percent annually. This comes to roughly 1,050,000 a year or just under 90,000 a month.
We Need 90,000 Jobs Per Month to Keep Pace With the Growth of the Population | Beat the Press

Interesting...none of that had anything at all to do with my post.

You posted "Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right,..."


I opt for objectivity.

 

[Truthmatters]

the economy was crashed by republican ideas.

It is recovering even while the republicans try to stop the recovery

 

[SniperFire]

the economy was crashed by republican ideas.

It is recovering even while the republicans try to stop the recovery

Clinton's destruction of credit standards via CRA revision was hardly a Republican idea.

But everyone did greedily feed at the trough once Slick blew the lid off of it.

 

[Truthmatters]

Before the bell: US, China stimulus hopes boost global markets | Indianapolis Star | indystar.com

 

[Truthmatters]

Is the market wrong?

 

[pinqy]

Well, then, let's see what the numbers say....


1. Population growth is about 1% annually.
Population growth (annual %) | Data | Table


2. The slowdown in job growth has been stark. From December through February, the economy produced an average of 252,000 jobs a month, twice what is needed to keep up with population growth.
But the jobs generator started sputtering in March, when job growth slowed to 143,000.
Job growth continues to be weak - The Reporter


3. New numbers released today by the Bureau of Labor Statistics show that the economy added a mere 80,000 jobs in June. That’s down from an average of 150,000 jobs a month for the first part of the year, and far too little to keep up with population growth. 5 Ways Republicans Have Sabotaged Job Growth | ThinkProgress


4. In an article on the June employment report the NYT told readers that the economy needs 150,000 jobs per month to keep pace with the growth in the population. Actually, the Congressional Budget Office projects that the underlying rate of labor force growth is now just 0.7 percent annually. This comes to roughly 1,050,000 a year or just under 90,000 a month.
We Need 90,000 Jobs Per Month to Keep Pace With the Growth of the Population | Beat the Press

Interesting...none of that had anything at all to do with my post.

You posted "Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right,..."


I opt for objectivity.

But you in no way contradicted, or even commented on, anything I said, and while my post was strictly about UI claims, you didn't mention them at all in yours. I'm not even sure how you think I was not being objective...generally speaking both republicans and democrats are emphasizing the facets of the job situation that support their agenda...the democrats have an interest in pointing out the positive in order to keep Obama in office and the republicans have an interest in pointing out the negative to get him out.

 

[GHook93]

It's been bouncing around. The average number of new claims/week has been about 371,000. In 2011 it was 406,000 and in 2010 it was 454,000

So it's a matter of what you want to compare. Is 372,000 a good indicator of decent job growth? Nope. Is it better than in the last few years? Yep.

But we'll see the Republicans complaining that it's not good enough yet and the Democrats cheering that it's getting better and both are right, and both are ignoring the whole picture.

Everytime the numbers come out you either outright ignore them and come up with your own calculation or you defend them! So my question to you? Why do you defend the indefensible?

 

[Truthmatters]

USA Unemployment Rate Graph