Jobless rate hits 9.7%

Discussion in 'Economy' started by ozzmdj, Sep 4, 2009.

  1. ozzmdj
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    ozzmdj Senior Member

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  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Didn't our very own DavidS predict the jobless rate to drop? Why yes he did!

    David, explain yourself!
     
  3. DiamondDave
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    DiamondDave Army Vet

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    I'm going to try to convince my daughter's left wing teacher that the 80% she got on a quiz is actually 97%... after all, Obama thinks they are the same... you know, Unemployment will not go over 8%.... 8 and 9.7 MUST be the same
     
  4. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Do 7.8% of those 9.7% get to blame Bush for their predicament? That was the rate when he left.

    Do the people who lost their jobs while Bush was at the helm get to blame Obama? Or is that only the right wing spin meisters who get to do that
     
  5. ozzmdj
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    ozzmdj Senior Member

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  6. VaYank5150
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    VaYank5150 Gold Member

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    Rather than toy around with cute little emoticons, why don't you simply answer the question posed, ozzmdj? Oh that's right....the answer wouldn't support your agenda....too bad.
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    Good thing that worthless succubus bill got passed, or we could've had unemployment numbers as high as a whopping 8%!!!!

    Ooopsie!
     
  8. concept
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    concept Evil Mongering

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    and it was around 4 - 5 % when democrats won in 2006. You dopey libs sure fucked everything up in a hurry.
     
  9. VaYank5150
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    Please state SPECIFICALLY what the "libs" did to cause unemployment rise after they took control of Congress.
     
  10. rdean
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    rdean rddean

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    From "Manutacturing Today": Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm path to recovery. Many private economists, and the Federal Reserve, expect the unemployment rate to top 10 percent by the end of this year.

    If laid-off workers who have settled for part-time work or have given up looking for new jobs are included, the so-called underemployment rate reached 16.8 percent, the highest on records dating from 1994. That rate rose because the number of workers settling for part-time hours, either because their employer cut their work week or because that's all they could find, increased by about 300,000.

    But earnings rose and the number of hours worked stayed above a recent record-low. Average hourly wages increased to $18.65 from $18.59, the department reported. Average weekly earnings increased to $617.32.

    The number of weekly hours worked remained at 33.1, above the low of 33 reached in June. That figure is important because economists expect companies will add more hours for current workers before they hire new ones.

    http://www.manufacturing.net/article.aspx?id=216480
     
    Last edited: Sep 4, 2009

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