Unemployment went from 8.1 to 8.2

[Lovebears65]

If I am a betting person . I would say this is the wrong direction No link yet just seen it on the news

 

[konradv]

If I am a betting person . I would say this is the wrong direction No link yet just seen it on the news

More people looking. Sounds like optimism.

 

[Annie]

Here's a link:

Employment in U.S. Increased 69,000 in May - Businessweek

 

[Annie]

Here's a link:

Employment in U.S. Increased 69,000 in May - Businessweek

Definitely NOT the right direction.

American employers in May added the smallest number of workers in a year and the unemployment rate unexpectedly increased as job-seekers re-entered the workforce, further evidence that the labor-market recovery is stalling.

Payrolls climbed by 69,000 last month, less than the most- pessimistic forecast in a Bloomberg News survey, after a revised 77,000 gain in April that was smaller than initially estimated, Labor Department figures showed today in Washington. The median estimate called for a 150,000 May advance. The jobless rate rose to 8.2 percent from 8.1 percent, while hours worked declined.

Bigger job and wage gains are needed to jumpstart a self- sustaining increase in hiring and consumer spending that will boost the expansion. At the same time, a looming recession in the euro area and slower growth in China and Brazil may prompt American companies to reduce headcount until they see more evidence the U.S. economy isn’t faltering.

“The robust employment growth at the start of the year has clearly waned,” Ellen Zentner, a senior U.S. economist at Nomura Securities International Inc. in New York, said before the report. “Hiring plans may have been put on hold amidst an increasingly uncertain outlook.”

Estimates of the 87 economists surveyed ranged from increases of 75,000 to 195,000 after a previously reported 115,000 rise in April. Revisions subtracted a total of 49,000 jobs to payrolls in March and April.

The figures follow data earlier today showing the global economy is struggling as Europe’s sovereign-debt crisis roils financial markets. A measure of manufacturing in the 17-nation euro fell to a three-year low, while measures of the industry in China, India, South Korea and Taiwan also weakened...

 

[Ravi]

If I am a betting person . I would say this is the wrong direction No link yet just seen it on the news

Just seen it on the news?

Maybe if you learn proper English you'll find work.

 

[naturegirl]

Not good for America, I'm sure the excuses and reasons will start flowing shortly. Obama's policies are preventing job growth, it's a simple as that.

 

[Claudette]

Bingo.

 

[The T]

US economy added 69K jobs in May, fewest in a year, unemployment up

 

[mascale]

Table B of the Employment Situation Report shows the continuing pattern of state and local job losses, a drag on the economy even in May of last year.

Especially broacast opinions and commentators fail to compare that with European Austerity, which isn't working. Euro-Employment is 11% compared with stimulated USA at 8.2% unemployment. Especially broadacast opinions and commentators fail to point to the government job-losses as the source of Ivy League Stimulus debacle, sending about a third of it to keep state and local government jobs intact.

Employment Situation Summary

So now the Ivy League, and the GOP: Are silent about what they did. Romney, a venture capitalist, will mainly send any federal bucks he can find on the rich: If experience counts. His record in Massachusetts is 47th, at the bottom, of job growth.

"Crow, James Crow: Shaken, Not Stirred!"
("Donner, Party of 200! Boehner, Party of 10 mil.: Your White Eyes Feasting Can Commence, like intended!")

 

[CrusaderFrank]

Bush's Fault

Bank ATM

Airport Kiosk

Bad Luck

Japan Tsunami

 

[Truthmatters]

wow you guys must be orgasmic about this blip in the economy

 

[ScienceRocks]

Obama will be remembered as one of the worst presidents in the history of this county. Yet, people bitched about Bush's spending and employment? No honest human being could say that Bush did worst then Obama...Obama is like 3 Bush's last 6 months put together. One big shit samwitch!

 

[Truthmatters]

http://thepoliticalcarnival.net/wp-content/uploads/2012/02/bikini-graph-January-2012.jpg


compare it to the rest of the Obama record

 

[CrusaderFrank]

losing millionaires, more unemployed...ahhh Obamanomics working as planned

 

[Truthmatters]

dear fucking iidot,

Bush crashed the economy and lied us into war.

 

[CrusaderFrank]

wow you guys must be orgasmic about this blip in the economy

But think of the wealth redistributed!

Think of the stimulus the new unemployed bring to the economy!

Why do you hate a stimulated economy?

 

[naturegirl]

wow you guys must be orgasmic about this blip in the economy

Naw, not really, it's a sad day when Americans can't find jobs. You on the other hand were a bit orgasmic yourself when the number went down. Not because Americans might have found jobs but because you actually believe Obama is worried about people going to work.

They have manipulated the numbers as much as they can, for now. There's no formula left to make this administration look good.

 

[Truthmatters]

http://thepoliticalcarnival.net/wp-content/uploads/2012/02/bikini-graph-January-2012.jpg

 

[Truthmatters]

Chrysler new-car sales up 30% in May, miss estimates - chicagotribune.com

 

[naturegirl]

dear fucking iidot,

Bush crashed the economy and lied us into war.

Dear f'ing idiot, you are a f'ing idiot. Obama continues to drive America into the ground.