Obama Is Risen! And He's Not A Mormon! (Jobs Report Bottom Lines(?)!)

Discussion in 'Economy' started by mascale, May 4, 2012.

  1. mascale
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    mascale VIP Member

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    So the economic pundits, gurus, and Big Boards investors are taking a pause. . .presumably refreshed. Is 8.1% an improvement, or what-not(?)!

    Way down at the bottom of the May 4 report, at the bottom, are some lines(?):

    "The average workweek for all employees on private nonfarm payrolls was unchanged
    at 34.5 hours in April. The manufacturing workweek edged up by 0.1 hour to
    40.8 hours, and factory overtime rose by 0.1 hour to 3.4 hours. The average
    workweek for production and nonsupervisory employees on private nonfarm payrolls
    was unchanged at 33.8 hours."

    "In April, average hourly earnings for all employees on private nonfarm payrolls
    rose by 1 cent to $23.38. Over the past 12 months, average hourly earnings have
    increased by 1.8 percent. In April, average hourly earnings of private-sector
    production and nonsupervisory employees rose by 3 cents to $19.72."

    "The change in total nonfarm payroll employment for February was revised from
    +240,000 to +259,000, and the change for March was revised from +120,000 to
    +154,000."

    Easter comes, but once per year, and you'd better watch out if it's also PassOver, The holidays are major time off for many! Don't You Realize: Easter can be. . . .such a. . . . major-time-off, Break!

    There is nothing in the bottom lines that suggests an economy slowing, or heading into a ditch. Those are not Census jobs being counted. 3.4 hours of factory overtime is a bundle, with more employment waiting now, to happen.

    Compare and contrast with the Ivy League, and the GOP wannabe with the two Ivy League degrees. These people are so smart, they are bankrupt already: Just coming out of school, wherein they have been hiding out. This is not a Rodney Dangerfield movie, but is actual real life--More Like John Belushi, et. al., might have understood it!

    What now, do all the Tea Partiers Belive In! Change From the Federal Government--and a whole lot of it.

    Anyone recalls that none of these people apply Matthew 25:14-30, and Matthew 20:1-16, in the modern context. . .in the schools where they come from. Anyone guesses that Utah may be like that. Everyone knows that RNC is like that!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Reservations, Indeed(?)! Got Reservations(?)!)
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    U.S. hiring slows, raising worries on recovery | Reuters
     
  3. mascale
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    mascale VIP Member

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    The actual report from Bureal of Labor Statistics reads like what is in the quote marks:

    "Nonfarm payroll employment rose by 115,000 in April, and the unemployment
    rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics
    reported today. Employment increased in professional and business services,
    retail trade, and health care, but declined in transportation and warehousing."

    "Household Survey Data"

    "Both the number of unemployed persons (12.5 million) and the unemployment
    rate (8.1 percent) changed little in April. . . ."

    (Paragraph with a lot of stats deleted)

    "The number of long-term unemployed (those jobless for 27 weeks and over)
    was little changed at 5.1 million in April. These individuals made up 41.3
    percent of the unemployed. Over the year, the number of long-term unemployed
    has fallen by 759,000."

    "The civilian labor force participation rate declined in April to 63.6 percent,
    while the employment-population ratio, at 58.4 percent, changed little."

    The long-term unemployed numbers are 1-3% in boom-times, so the decline in that is a major uptick, easily credited to Obama-Biden-Pelosi-Reid.

    Getting back to the bail-out of the well-educated--An Echo Of The Reagan Trajectory, and of Vice President Cheney, who claimed to have Republican Proof that deficits don't matter--there is something very, very wrong!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Many maybe now come to Writer's Guild of Hollywood: Seeking Non-Negro dialect! Many maybe come from Massachusetts, even(?)--seeking Tea-Replacement, too(?)!)
     
  4. Oddball
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    Oddball BANNED Supporting Member

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    Not even Reuters is carrying the water for Boiking anymore.

    The total flameout is only a matter of time.
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says Capitol Hill needs to get its butt in gear an' fix dis...
    :mad:
    Dismal hiring shows economy stuck in low gear
    Fri, Jul 6, 2012 WASHINGTON (Reuters) - U.S. employers hired at a dismal pace in June, raising pressure on the Federal Reserve to do more to boost the economy and dealing another setback to President Barack Obama's reelection bid.

     
  6. Rozman
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    Rozman Gold Member Supporting Member

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    I didn't hear one positive comment from any news agency regarding
    the latest jobs report...I am talking about TV,and radio...and more then one
    radio station...

    That is until Obama commented and said the report was good.
    Said something about us moving in the right direction.

    Anybody still buying this guy's BS...
     

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