U.S. Companies Add 71,000 Jobs; Unemployment at 9.5%

Neubarth

At the Ballpark July 30th
Nov 8, 2008
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Companies in the U.S. added workers in July for a seventh straight month at a pace that suggests the labor-market recovery will be slow to take hold.

Private payrolls that exclude government agencies rose by 71,000 after a June gain of 31,000 that was smaller than previously reported, Labor Department figures in Washington showed today. Economists projected a 90,000 July increase, according to the median estimate in a Bloomberg News survey. Overall employment fell 131,000 and unemployment held at 9.5 percent.

Stock-index futures fell as the report showed an economy that will be slow in recouping the 8.4 million jobs lost since the recession began in December 2007

U.S. Companies Add 71,000 Jobs; Unemployment at 9.5% - Bloomberg

FEARLESS LEADER IS WORKING A MIRACLE IN STOPPING THIS DEPRESSION.
 
Companies in the U.S. added workers in July for a seventh straight month at a pace that suggests the labor-market recovery will be slow to take hold.

Private payrolls that exclude government agencies rose by 71,000 after a June gain of 31,000 that was smaller than previously reported, Labor Department figures in Washington showed today. Economists projected a 90,000 July increase, according to the median estimate in a Bloomberg News survey. Overall employment fell 131,000 and unemployment held at 9.5 percent.

Stock-index futures fell as the report showed an economy that will be slow in recouping the 8.4 million jobs lost since the recession began in December 2007

U.S. Companies Add 71,000 Jobs; Unemployment at 9.5% - Bloomberg

FEARLESS LEADER IS WORKING A MIRACLE IN STOPPING THIS DEPRESSION.



That is not the whole story and a fearless leader ain't doing cow dung

Companies hire at slow pace for 3rd straight month
Private employers added 71,000 jobs in July; unemployment rate unchanged at 9.5 percent

Private employers added a net total of only 71,000 jobs in July, far below the roughly 200,000 needed each month to reduce the unemployment rate.

The modest gains were even weaker when considering a loss of government jobs at the local, state and federal levels in July that weren't temporary census position. Factoring those in, the net gains were only 12,000 jobs, according to the Labor Department's July report Friday.

Companies hire at slow pace for 3rd straight month - Yahoo! Finance

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Do the math figure at the current rate of adding jobs how loing it will be till we replace those jobs lost.
Then add in the new entrants to the job market.
Are we even keeping up with the job demand of those entering the labor pool?
 
Wow, the private sector is a complete catastrophe. No doubt about it.

I guess free market just doesn't work.

After all, there's been no major tax increase to date, has there?

The bailout money's been paid back. The health care bill hasn't taken affect yet. The Federal deficit's rate of growth hasn't changed much.

I suppose that Conservatives blame the stimulus bill for the entire state of the economy.

Guess again!
 
Companies in the U.S. added workers in July for a seventh straight month at a pace that suggests the labor-market recovery will be slow to take hold.

Private payrolls that exclude government agencies rose by 71,000 after a June gain of 31,000 that was smaller than previously reported, Labor Department figures in Washington showed today. Economists projected a 90,000 July increase, according to the median estimate in a Bloomberg News survey. Overall employment fell 131,000 and unemployment held at 9.5 percent.

Stock-index futures fell as the report showed an economy that will be slow in recouping the 8.4 million jobs lost since the recession began in December 2007

U.S. Companies Add 71,000 Jobs; Unemployment at 9.5% - Bloomberg

FEARLESS LEADER IS WORKING A MIRACLE IN STOPPING THIS DEPRESSION.

Fuck the economy, I'm just glad that you're wearing a shirt in that picture!
 
The bailout money's been paid back. The health care bill hasn't taken affect yet. The Federal deficit's rate of growth hasn't changed much.

I suppose that Conservatives blame the stimulus bill for the entire state of the economy.

Guess again!

Bailout money's been paid back? Ummmmmm I think a lot of it was paid back by banks that didn't want it in the first place but all and all there is still 300 + billion of the bailout that hasnt been paid back and doesnt look to be paid back anytime soon.
 
Do the math figure at the current rate of adding jobs how loing it will be till we replace those jobs lost.
Then add in the new entrants to the job market.
Are we even keeping up with the job demand of those entering the labor pool?

At the current, Never

71,000 x 100 years = 7,100,000 now you need to minus all the jobs lost , kids becoming adults, adults that retire......Never

Need a new game plan......
 
The dude with his waiting to sell shit real estate loans can't afford the sensi I have.
 
The bailout money's been paid back. The health care bill hasn't taken affect yet. The Federal deficit's rate of growth hasn't changed much.

I suppose that Conservatives blame the stimulus bill for the entire state of the economy.

Guess again!

Bailout money's been paid back? Ummmmmm I think a lot of it was paid back by banks that didn't want it in the first place but all and all there is still 300 + billion of the bailout that hasnt been paid back and doesnt look to be paid back anytime soon.

O.K. - The banks have an extra 300 billion in their pockets. 700 billion has been pumped into the economy by the stimulus bill.

Both of which increased the deficit and will be have to be paid back...someday.

There has been no tax increase to date.

So why does the economy suck? Where is the great free market private sector?

By blaming the government for the current state of the economy, you're really just saying that the government should do more to intervene in the economy.

Insidious Socialist Bastards!
 
He's got labowski as an avatar and doesn't burn= poser.
He knows I'm Rastafari and being accused of burning schwagg to us is like sleeping with your sister ewhh is to you.
 
The bailout money's been paid back. The health care bill hasn't taken affect yet. The Federal deficit's rate of growth hasn't changed much.

I suppose that Conservatives blame the stimulus bill for the entire state of the economy.

Guess again!

Bailout money's been paid back? Ummmmmm I think a lot of it was paid back by banks that didn't want it in the first place but all and all there is still 300 + billion of the bailout that hasnt been paid back and doesnt look to be paid back anytime soon.

How much of that was Bush's tax rebate stimulus?
 
Yeah cuz I know a whole lot of rastafaris who sit around and chat on the internet about politics :rolleyes:
 
The bailout money's been paid back. The health care bill hasn't taken affect yet. The Federal deficit's rate of growth hasn't changed much.

I suppose that Conservatives blame the stimulus bill for the entire state of the economy.

Guess again!

Bailout money's been paid back? Ummmmmm I think a lot of it was paid back by banks that didn't want it in the first place but all and all there is still 300 + billion of the bailout that hasnt been paid back and doesnt look to be paid back anytime soon.

O.K. - The banks have an extra 300 billion in their pockets. 700 billion has been pumped into the economy by the stimulus bill.

Both of which increased the deficit and will be have to be paid back...someday.

There has been no tax increase to date.

So why does the economy suck? Where is the great free market private sector?

By blaming the government for the current state of the economy, you're really just saying that the government should do more to intervene in the economy.

Insidious Socialist Bastards!

Actually only 500 Billion of the 700 billion was ever spent. They still havent spent it all yet. You act like the stimulus is the only spending the government is doing. I think we need to pay off the debt and stop spending money we don't have. Some of the stuff we spend it on is rediculous. I think we need businesses to come back to america. China just opened a plant to build Iphones why isnt that getting built here. Unions do have a lot to do with that we need a middle ground between unions and corporations. Also the corporate taxes are a great incentive for corporations to go over sees. I think the current situation is occuring as a build up from the baby boom generation finally seeking to retire. Its really a complicated situation.
 

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