July Jobs Numbers Up 117K

[KissMy]

July Jobs Numbers up 117K

Revised up previously announced May & June headline numbers.

Markets turn up.

 

[Truthmatters]

link?

 

[JimH52]

link?

July payrolls rise soothes recession fears - Yahoo! Finance

 

[Trajan]

"expectations".....hummm, if there is one thing we have one thing confirmed at least the 'experts' are in a haze...they are in a fog haze whatever................I don't trust any of their prognostications as their records' over the last 6- 9 months have been horrid.

on another issue whats scary is, the market jumped, on 117k jobs....the logic being hey we didn't employ everyone who entered the work force last month but, frug it, we'll take this so, its the new normal(?).

 

[Trajan]

July Jobs Numbers up 117K

Revised up previously announced May & June headline numbers.

Markets turn up.

link?

 

[Warrior102]

Are these those cushy "shovel ready" jobs that Obama is inventing ?

What's unemployement right now since he started fixing the nation ? 9 point something ? Hell, Carter did a better job.

 

[JimH52]

"expectations".....hummm, if there is one thing we have one thing confirmed at least the 'experts' are in a haze...they are in a fog haze whatever................I don't trust any of their prognostications as their records' over the last 6- 9 months have been horrid.

on another issue whats scary is, the market jumped, on 117k jobs....the logic being hey we didn't employ everyone who entered the work force last month but, frug it, we'll take this so, its the new normal(?).

It doesn't take much does it. They were expecting 85,000 and they got 115,000.

 

[KissMy]

"expectations".....hummm, if there is one thing we have one thing confirmed at least the 'experts' are in a haze...they are in a fog haze whatever................I don't trust any of their prognostications as their records' over the last 6- 9 months have been horrid.

on another issue whats scary is, the market jumped, on 117k jobs....the logic being hey we didn't employ everyone who entered the work force last month but, frug it, we'll take this so, its the new normal(?).

Yeah - People sold into that market bounce on the jobs numbers. Just because they beat the expectation of 85K jobs does not mean we are keeping up with population growth or adding enough to get the unemployed back into the work force.

 

[iamwhatiseem]

The market is losing again...now only up by 20.
117,000 jobs added is actually still a loss considering the nation needs to add 250,000 a month to keep up with available population.
And considering it was July...that is not a good number, planned layoffs for August are reportedly so far at a 16 month high, so this is quite likely to reverse itself after summer layoffs.
If you want to tip your drinks and celebrate a measly 117,000 go ahead.

 

[Remodeling Maidiac]

As I stated in the other thread. This is good. It's just not good enough. It isn't even enough to keep pace with our population growth.

 

[kwc57]

Now only 9,000,000 more jobs to go!

 

[CrusaderFrank]

"Well, I'm here to tell you, some time in the next couple of months, we're going to be creating between 250,000 jobs a month and 500,000 jobs a month." -- Joe Biden April 2010

 

[BDBoop]

News Headlines

Among the nuggets of good news—the jobless rate for blacks slipped to 15.9 percent and for Latinos to 11.3 percent, both at four-month lows.

But how good or bad the unemployment picture really may not come into view until next month, because of distortions from seasonal adjustments.

Including teachers and others who experience seasonal unemployment, total joblessness actually rose 1.23 million.

 

[BDBoop]

Therefore:

Stocks waver as optimism about job report fades  | ajc.com

A U.S. government report that hiring improved in July sent stocks sharply higher just after the market opened. The Dow Jones industrial average jumped as many as 171 points but gave up those losses by midmorning. An hour after the opening bell, the Dow was down 7 points.

 

[Avorysuds]

Recovery!!

Oh yeah, and with the stimulus money gone, the debt ceiling be held hostage the question is... How did we get more jobs in that "hostage" month than some of the months before? It's almost like 100% proof Obama's policies did absolutely zero! This of course is if these numbers are accurate, and they are probably not.


Time for people like TM/Zona/RW/Swallow to flip flop around onthemselves! You could always just attack people for not just being happy when there is good (really bad still but we'll just call it *good*) news!

 

[Truthmatters]

Stop fighting the recovery and you will see better numbers

 

[kwc57]

Stop fighting the recovery and you will see better numbers

Nominated for stoopid post of the month.

 

[BDBoop]

Stop fighting the recovery and you will see better numbers

Nominated for stoopid post of the month.

Counter-nominated. Motion denied.

 

[Avorysuds]

Stop fighting the recovery and you will see better numbers

Ahh, so because people acknowledge the numbers are bad means the blame goes to "us"... Obama's policies have no effect and in fact everything slowly gets worse but you choose to blame "us."

Here is a thought TM, maybe you should take a step back (I know walking is hard for you so just let your wheelchair roll back) and realize that in this whole time Obama had the Senate/House and spent Trillions in conjunction with the FED only to produce results that you would have hammered Bush everyday for failing miserably. Maybe, just maybe the intervention of Government has negative effects being so many people told you this would happen JUST as it has, while you, Obama and his epic economic team couldn't get a single, not one, absolutely nothing at any point right.

However, I will not be fooled into thinking you have the ability to judge Obama off his record so please continue attacking people for "not being happy almost 3 years later with more shit numbers and news." Yes, that’s right folks… Obama can spend Trillions to “fix” the economy but it’s the people not being happy with poor results that somehow caused Obama’s plans to backfire…

 

[Avorysuds]

Stop fighting the recovery and you will see better numbers

Nominated for stoopid post of the month.

I vote (Yes)

We fight the economy after we find out it's not getting better, so that's why it didn't get better because the economy knew we would have a bad attitude in the future... it's awesome logic, really.