U.S. soon to recover all the jobs lost in the financial crisis

[Sallow]

This is including public sector jobs..

Set your sights on this number: 113,000.

That's how many jobs the U.S. economy needs to hit its break-even point, to finally recover all the jobs lost in the financial crisis.

Get ready, because we're about to get there this Friday.

That's when the U.S. Department of Labor will release its May jobs report, and the outlook is rosy. Economists surveyed by CNNMoney expect the U.S. economy added 200,000 jobs in May.

Meanwhile, a separate report released Wednesday by payroll processor ADP, shows the private sector added 179,000 jobs in May. While that report was weaker than economists' expected, it's still enough job growth to us over the hump.

Related: Why you don't feel recovered

Breaking even is a key milestone, but was a long time coming. It took just two years to wipe out 8.7 million American jobs, but it took more than four years to recover them all, making this the longest jobs recovery on record since the Department of Labor started tracking the data in 1939.
http://finance.yahoo.com/news/u-soon-recover-jobs-lost-111200422.html

This good news comes even with the effort by the Republicans to break the economy.

 

[DriftingSand]

Lol.

 

[Stephanie]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

 

[DGS49]

What a stupid fucking thread.

The economy requires 200,000 new jobs EACH MONTH just to keep up with the net increase in "working" population. 179,000 new jobs in May is not "job growth"; it is stagnation.

To say that we will shortly have as many jobs as we did before the economic implosion - many years ago - and to believe that that is good news...

Jesus. What an idjit.

 

[Sallow]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

Well you should stop laughing and get your unemployment check.

 

[Sallow]

What a stupid fucking thread.

The economy requires 200,000 new jobs EACH MONTH just to keep up with the net increase in "working" population. 179,000 new jobs in May is not "job growth"; it is stagnation.

To say that we will shortly have as many jobs as we did before the economic implosion - many years ago - and to believe that that is good news...

Jesus. What an idjit.

Well it's not my fault you can't find a job.

 

[Uncensored2008]

Obama; so great Shallow has to lie for him.

 

[edthecynic]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

While Bush doubled the number of unemployed from 6 million to 12 million, they have been reduced under Obama to 9.7 million now.

 

[Stephanie]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

While Bush doubled the number of unemployed from 6 million to 12 million, they have been reduced under Obama to 9.7 million now.

yeah, in government jobs
how many for his insurance scam?
he can't create enough new government agencies fast enough for his liking

 

[edthecynic]

What a stupid fucking thread.

The economy requires 200,000 new jobs EACH MONTH just to keep up with the net increase in "working" population. 179,000 new jobs in May is not "job growth"; it is stagnation.

To say that we will shortly have as many jobs as we did before the economic implosion - many years ago - and to believe that that is good news...

Jesus. What an idjit.

That inflated number is completely out of date. Based on the current reduced birth rate and immigration rate you only need 75,000 to 80,000 new jobs per month.

 

[Windship]

This is including public sector jobs..

Set your sights on this number: 113,000.

That's how many jobs the U.S. economy needs to hit its break-even point, to finally recover all the jobs lost in the financial crisis.

Get ready, because we're about to get there this Friday.

That's when the U.S. Department of Labor will release its May jobs report, and the outlook is rosy. Economists surveyed by CNNMoney expect the U.S. economy added 200,000 jobs in May.

Meanwhile, a separate report released Wednesday by payroll processor ADP, shows the private sector added 179,000 jobs in May. While that report was weaker than economists' expected, it's still enough job growth to us over the hump.

Related: Why you don't feel recovered

Breaking even is a key milestone, but was a long time coming. It took just two years to wipe out 8.7 million American jobs, but it took more than four years to recover them all, making this the longest jobs recovery on record since the Department of Labor started tracking the data in 1939.
http://finance.yahoo.com/news/u-soon-recover-jobs-lost-111200422.html

This good news comes even with the effort by the Republicans to break the economy.

Lmao

 

[edthecynic]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

While Bush doubled the number of unemployed from 6 million to 12 million, they have been reduced under Obama to 9.7 million now.

yeah, in government jobs
how many for his insurance scam?
he can't create enough new government agencies fast enough for his liking

Bullshit! As usual! Government jobs have been declining under Obama.

 

[CrusaderFrank]

Wait a second! Dems tell us that unemployment stimulates the Obama economy, so lowering unemployment is actually bad for the Obama economy

 

[edthecynic]

Wait a second! Dems tell us that unemployment stimulates the Obama economy, so lowering unemployment is actually bad for the Obama economy

Liar!

Dems said paying unemployment benefits to the ALREADY unemployed stimulates the economy, lying scum changed it to what you were stupid enough to mindlessly parrot.

 

[Rozman]

Wait a second! Dems tell us that unemployment stimulates the Obama economy, so lowering unemployment is actually bad for the Obama economy

Liar!

Dems said paying unemployment benefits to the ALREADY unemployed stimulates the economy, lying scum changed it to what you were stupid enough to mindlessly parrot.

Nancy Pelosi is on record saying it.

 

[Uncensored2008]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

While Bush doubled the number of unemployed from 6 million to 12 million, they have been reduced under Obama to 9.7 million now.

Izzatrite edtheliar?

So, is the labor participation rate much higher now? Or is the number of unemployed reduced by those who have simply given up on looking?

Oh, you don't have to answer, you'd only lie anyway - the labor participation rate is at a historic low.

 

[DriftingSand]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

While Bush doubled the number of unemployed from 6 million to 12 million, they have been reduced under Obama to 9.7 million now.

You mean the Dem Congress during his 2nd term. They controlled the purse strings.

 

[edthecynic]

Wait a second! Dems tell us that unemployment stimulates the Obama economy, so lowering unemployment is actually bad for the Obama economy

Liar!

Dems said paying unemployment benefits to the ALREADY unemployed stimulates the economy, lying scum changed it to what you were stupid enough to mindlessly parrot.

Nancy Pelosi is on record saying it.

She is on record saying that unemployment INSURANCE paid to those who THROUGH NO FAULT OF THEIR OWN have lost their jobs stimulates the economy.

The Right not only take what people say out of context, they change what they say removing and/or adding words because they know idiots who want to hear nothing but lies will swallow the Right's bullshit whole and beg for more.

 

[edthecynic]

lol
Go ahead and try to sell that one

I think those millions out of work might laugh in your face

While Bush doubled the number of unemployed from 6 million to 12 million, they have been reduced under Obama to 9.7 million now.

Izzatrite edtheliar?

So, is the labor participation rate much higher now? Or is the number of unemployed reduced by those who have simply given up on looking?

Oh, you don't have to answer, you'd only lie anyway - the labor participation rate is at a historic low.

The LPR is a nearly worthless economic indicator because it is effected by demographics like birth rates, immigration, and retirees, but it is all the Right has so suddenly it is the most important economic indicator in the universe, to idiots!

 

[Uncensored2008]

The LPR is a nearly worthless economic indicator because it is effected by demographics like birth rates, immigration, and retirees, but it is all the Right has so suddenly it is the most important economic indicator in the universe, to idiots!

Of course it is Comrade, only faith in Obama is important.

Obama Akbar...