U.S. adds 200,000 jobs in Dec.; unemployment drops to 8.5%

Discussion in 'Politics' started by Flopper, Jan 6, 2012.

  1. Flopper
    Offline

    Flopper Gold Member Gold Supporting Member Supporting Member

    Joined:
    Mar 23, 2010
    Messages:
    17,309
    Thanks Received:
    3,087
    Trophy Points:
    280
    Location:
    Washington
    Ratings:
    +6,553
    Private employers added 212,00 jobs, moving the total of private-sector jobs created in 2011 to 1.9 million. Governments, particularly at the local level, cut jobs — 12,000 last month — holding overall job growth for the year to 1.6 million.

    http://www.washingtonpost.com/busin...to-85percent/2012/01/05/gIQAjFVreP_story.html

    Did I hear someone say no private sector jobs were being created?
     
    • Thank You! Thank You! x 2
    Last edited: Jan 6, 2012
  2. Lakhota
    Offline

    Lakhota Diamond Member

    Joined:
    Jul 14, 2011
    Messages:
    54,830
    Thanks Received:
    6,033
    Trophy Points:
    1,870
    Location:
    Native America
    Ratings:
    +23,555
    Go Obama!!!!!
     
    • Thank You! Thank You! x 1
  3. ScienceRocks
    Offline

    ScienceRocks Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    57,305
    Thanks Received:
    5,640
    Trophy Points:
    1,885
    Location:
    The Good insane United states of America
    Ratings:
    +22,628
    If Obama can get it below 8% he will be reelected.
     
  4. waltky
    Offline

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    24,033
    Thanks Received:
    2,183
    Trophy Points:
    275
    Location:
    Okolona, KY
    Ratings:
    +5,225
    Insourcing American jobs - has a nice ring to it, don't it?...
    :eusa_clap:
    Obama to promote insourcing of jobs
    Sat Jan 7,`12 WASHINGTON – President Barack Obama is highlighting companies that have returned jobs to the U.S. and he says that's one more way of putting people back to work.

     
    • Thank You! Thank You! x 1
  5. Flopper
    Offline

    Flopper Gold Member Gold Supporting Member Supporting Member

    Joined:
    Mar 23, 2010
    Messages:
    17,309
    Thanks Received:
    3,087
    Trophy Points:
    280
    Location:
    Washington
    Ratings:
    +6,553
    You're probably correct, however unemployment doesn't have to break 8% for him to win. He can win as long as the unemployment picture is improving. The country was in the middle of the great depression in 1936, but the economic picture was improving and Roosevelt won by a landslide.
     
  6. EriktheRed
    Offline

    EriktheRed Eh...

    Joined:
    Jun 27, 2009
    Messages:
    8,030
    Thanks Received:
    1,167
    Trophy Points:
    200
    Location:
    IL
    Ratings:
    +1,732
    But, but, but...

    Obama is stopping the economy from getting better even faster, therefore he still has cooties.


    ^^^^^^
    the latest from the ODS noise machine
     
    • Thank You! Thank You! x 1
  7. KissMy
    Offline

    KissMy Free Breast Exam

    Joined:
    Oct 10, 2009
    Messages:
    12,778
    Thanks Received:
    2,227
    Trophy Points:
    255
    Location:
    In your head
    Ratings:
    +3,257
    Obama will not get re-elected if he gets unemployment below 8%. That unemployment number is a complete joke. Most of the unemployed never got a job again. They just fell off the roll & are no longer counted. The real jobs barometer is the "Employment to Population Ratio" EMRATIO It proves what a complete disaster the democrats have done to the jobs situation in this country since they took power on January 1, 2007. A couple hundred thousand temporary hired Christmas help did not put a dent in that disaster.

    [​IMG]
     
    Last edited: Jan 8, 2012
  8. Lakhota
    Offline

    Lakhota Diamond Member

    Joined:
    Jul 14, 2011
    Messages:
    54,830
    Thanks Received:
    6,033
    Trophy Points:
    1,870
    Location:
    Native America
    Ratings:
    +23,555
    KissMy negged me for the above post. Holy shit, for only saying "Go Obama!!!!!"
     
    • Thank You! Thank You! x 3
  9. JamesInFlorida
    Offline

    JamesInFlorida Senior Member

    Joined:
    Dec 18, 2010
    Messages:
    1,501
    Thanks Received:
    185
    Trophy Points:
    48
    Ratings:
    +185
    How many of those jobs are seasonal? Not all of them-but I'm willing to bet a big portion were.
     
  10. JimBowie1958
    Offline

    JimBowie1958 Old Fogey

    Joined:
    Sep 25, 2011
    Messages:
    47,870
    Thanks Received:
    7,271
    Trophy Points:
    1,870
    Location:
    Fredericksburg, VA
    Ratings:
    +31,611
    Those are cooked stats.

    Here are some accurate ones with commentary.
    NFP Payrolls At 200K, Expected At 155K; Unemployment Rate Drops To 8.5%, Labor Force Participation At Lowest Since 1984 | ZeroHedge



    If you want to see what is REALLY happening with employment in this country, you have to look at the labor force numbers, not the cranked up crap by politicized statisticians.
    Look at these numbers:
    http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/12/Labor Force Dec.jpg
     
    • Thank You! Thank You! x 1
    Last edited: Jan 8, 2012

Share This Page