Jobs Report Sucks - Chris Sticks Head In Sand

Discussion in 'Politics' started by Listening, Apr 7, 2012.

  1. Listening
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    Listening Gold Member

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    March jobs report: Hiring slows, Unemployment falls to 8.2% - Apr. 6, 2012

    Hiring slowed dramatically in March, clouding optimism about the strength of the recovery.

    Employers added 120,000 jobs in the month, the Labor Department reported Friday, falling far short of economists' expectations.

    The U.S. lost 4.3 million jobs in President Obama's first 13 months in office. Track his progress since then.The number marked a significant slowdown in hiring from February, when the economy added 240,000 jobs.

    "It's discouraging that job growth was half of what it had been the previous month," said Christine Owens, executive director of the National Employment Law Project.

    Job growth of around 120,000 is just about enough to keep up with population growth, and is therefore more like "treading water" than a major improvement, Owens said.

    Meanwhile, the unemployment rate fell to 8.2% as the labor force shrank by 164,000 workers, mostly due to white women leaving the job market.
    Economists attributed part of the hiring slowdown to an unseasonably warm winter that boosted job growth in January and February. The Labor Department adjusts its data to account for seasonal trends, and the warm weather may have distorted those calculations.

    *************************************

    I listened to Kudlow on the radio for a bit this afternoon.

    He indicated that growth is about 2.4% under Obama post recession trough.

    Under Reagan it was 6% for the two years following.

    We simply are not strong enough to generate the jobs.

    President Obama is doing a great job.....or ruining this country.

    Time to send him packing.
     
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  2. NYcarbineer
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    NYcarbineer Diamond Member

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    It's too bad the rightwing nuts on USMB reflexively say every job report sucks, no matter what is in it.

    Otherwise someone with a brain might think you people actually have something intelligent to contribute on the subject.
     
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  3. The T
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    The T George S. Patton Party Supporting Member

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    Yep. Damage has been done...ENOUGH!
     
  4. theHawk
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    theHawk Registered Conservative

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    Kind of like how every leftwing nutter on USMB reflexively say every jobs report is "good news", no matter what is in it?


    http://www.usmessageboard.com/search.php?searchid=5165992
     
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    Last edited: Apr 7, 2012
  5. Full-Auto
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    Maybe at some point you guys should decide to lower the rate through employment, and not reducing the work force.
     
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  6. The T
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    The T George S. Patton Party Supporting Member

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    What is the amount of jobs no longer in existence? 2 million?
     
  7. Trajan
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    Trajan conscientia mille testes

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    oh hey was that a comment on the report? opps no , its the usual smoke screen.

    see if you don't take the red pill new normal- 200K - ( actually net 70K) jobs a month, they call out Mr. Smith.

    bleeeeeeat a bit for me carb...200K thats great...repeat...200K thats great...:tinfoil:
     
  8. Full-Auto
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    It is greater then that. If we start at the maximum participation rate on record.
     
  9. Trajan
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    Trajan conscientia mille testes

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    feb 2009 65.7


    now- 63.8...if we had same as 09, the UE would be 10.2%....:lol:
     
  10. Inthemiddle
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    Inthemiddle BANNED

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    Is that all? I would think that number is low.
     

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