More Obama FAIL- Payrolls in U.S. Rise Less Than Forecast

[Geaux4it]

Keep printing Obama, keep printing

-Geaux

Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls - Bloomberg

Payrolls climbed less than projected in September, indicating the U.S. economy had little momentum leading up to the federal government shutdown.

Participation Rate
The participation rate held at 63.2 percent, matching the lowest since August 1978.

 

[Old Rocks]

Well yes, with the uncertainty that the Teabaggers created, no one wanted to hang it out with investments in an uncertain market. And the fools came very close to forcing a default. Try it again, and there will some changes in the House next year.

 

[Sallow]

Well yes, with the uncertainty that the Teabaggers created, no one wanted to hang it out with investments in an uncertain market. And the fools came very close to forcing a default. Try it again, and there will some changes in the House next year.

It's a little deeper than that.

Wages have been stagnant for quite some time.


But you have a point, Republicans have done absolutely nothing to change that trend.

Quite the opposite, statewide, they've been killing Unions.

Republicans have no interest in wages going up. They do however, complain about it when a Democrat is President.

 

[NoTeaPartyPleez]

Well yes, with the uncertainty that the Teabaggers created, no one wanted to hang it out with investments in an uncertain market. And the fools came very close to forcing a default. Try it again, and there will some changes in the House next year.

The chicken$hit OP posts a link and hopes no one will read the article. CLuck-cluck.
Here, GO4IT, let me help you out. THIS IS FROM THE ARTICLE'S FIRST PARAGRAPHS:

""""Payrolls climbed less than projected in September, indicating the U.S. economy had little momentum leading up to the federal government shutdown. The jobless rate fell to an almost five-year low

The addition of 148,000 workers followed a revised 193,000 rise in August that was larger than initially estimated, Labor Department figures showed today in Washington. The median forecast of 93 economists surveyed by Bloomberg called for a 180,000 advance. Unemployment fell to 7.2 percent, the lowest level since November 2008. The report, delayed by the 16-day shutdown that ended Oct. 17, was originally slated for Oct. 4.

Progress in the labor market depends on how quickly the world’s largest economy can bounce back from the loss of business and confidence caused by the fiscal impasse. """"

 

[zeke]

So the fruit loop Goforit thinks the President should FORCE companies to pay higher wages.

That about sum it up for you gofor? I would have never thought you had those socialist tendencies.

 

[NoTeaPartyPleez]

Keep printing Obama, keep printing

-Geaux

Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls - Bloomberg

Payrolls climbed less than projected in September, indicating the U.S. economy had little momentum leading up to the federal government shutdown.

Participation Rate
The participation rate held at 63.2 percent, matching the lowest since August 1978.

Obama fail? Try Tea Party EPIC fail, idiot.

 

[zeke]

Well yes, with the uncertainty that the Teabaggers created, no one wanted to hang it out with investments in an uncertain market. And the fools came very close to forcing a default. Try it again, and there will some changes in the House next year.

The chicken$hit OP posts a link and hopes no one will read the article. CLuck-cluck.
Here, GO4IT, let me help you out:

""""Payrolls climbed less than projected in September, indicating the U.S. economy had little momentum leading up to the federal government shutdown. The jobless rate fell to an almost five-year low

The addition of 148,000 workers followed a revised 193,000 rise in August that was larger than initially estimated, Labor Department figures showed today in Washington. The median forecast of 93 economists surveyed by Bloomberg called for a 180,000 advance. Unemployment fell to 7.2 percent, the lowest level since November 2008. The report, delayed by the 16-day shutdown that ended Oct. 17, was originally slated for Oct. 4.

Progress in the labor market depends on how quickly the world’s largest economy can bounce back from the loss of business and confidence caused by the fiscal impasse. """"

You think goforit could read and comprehend the entire article? Was it written in a comic book format? If not......well...... you know goforit isn't the sharpest 20something in the drawer.

 

[Luddly Neddite]

That's not so much a failure for the president as it is a success for the Republicans.

The president works to create jobs.

Republicans works to kill them.

Way to go pubs.

 

[Geaux4it]

Obama = FAIL

Of course the leftist read it and come like flies to chit to parrot how their Dear Leader is doing such a great job.

LMAO. Lowest paticipation rate since 1978.

Keep printing Obama, keep printing.

Own it libs

Geaux

 

[Mr. H.]

Well yes, with the uncertainty that the Teabaggers created, no one wanted to hang it out with investments in an uncertain market. And the fools came very close to forcing a default. Try it again, and there will some changes in the House next year.

With $85 billion per month (rumored to be raised to $100 billion) flooding the economy, and interest rates near zero... there is no incentive to invest in jobs but plenty of incentive to invest in Wall Street.

 

[Geaux4it]

Obama the king of FAIL

-Geaux

Poor Labor Department Data Signals QE Until End of Days: Madness in Economics! - Yahoo Finance

Poor Labor Department Data Signals QE Until End of Days: Madness in Economics!

You have been warned not to use or to trust the Labor Department's Employment Situation report for September. This was supposed to come out on October 4, but the excuse of the federal government shutdown has the report coming out on the 22nd. We maintain that the Labor Department could have released this report because the closure was barely in effect when the report was due, and we have seen weekly jobless claims data since.

The stock market futures ticked up here on the report because it is weak enough that the implication is "Long Live QE!" It is silly for the market to be moving on what it should have anticipated, but that is another matter entirely.


Jobs Report: Economy Continues to Limp - JP Updates | JP Updates

Jobs Report: Economy Continues to Limp
Today 9:03 AM by Yossi Gestetner

The Bureau of Labor Statistics reported that 148K jobs were added in September; which is below the 193K jobs added a month earlier but it is well above the poor 84K jobs added in July. The Unemployment Rate dropped to 7.2%, which to put it into perspective, when Obama campaigned this time October 2008 that the economy is bad, the Unemployment Rate (from September) was 6.1%. Worse, if millions would have not given up looking for work in recent years, the Unemployment Rate would be now above 9%.

The Unemployment Rate average for 2013 is 7.53%, while the average UR at this time in 2008 was 5.44%. For all of 2008, the UR was on average 5.8%; a number that the pace of the current economy wont reach any time soon.

The economy has now a net 1,865,000 (1.86M) more jobs than December 2008; Bush's last full month in office. The above number includes private and government workers combined but the private sector economy has now a net 2.54M more jobs than December 2008.

Reaction to September's US Jobs Report (Tue, Oct 22 2013)

We've been made to wait for it, but the September US jobs report didn't disappoint, with the headline non-farm payrolls figure falling well short of expectations at 148,000. We did see a small upward revision to the August figure, but based on the reaction in the markets, this was no compensation for the poor September figure.

If there was any question about whether the Fed would taper later this month, this has surely put an end to it. Most people had already accepted that it would not happen, but now the earliest date we can possibly be looking at is December. And even that is too early as far as I'm concerned.

One of the most concerning things in all of this is that companies were not confident enough in the economy to hire new staff before the government shutdown and the US almost hit the debt ceiling. Imagine what the figures will be like in October and even November in December, given that crisis was only just averted and the can kicked down the road by only a few months. This does not bode well for the US.