Over 3 million jobs lost, but 1.4 million crappy jobs created

[Psychoblues]

I don't call that anything to brag about. Economically speaking, of course.

Psychoblues

 

[HGROKIT]

Originally posted by Sir Evil
Have a credible link to those stats?

It was on his pop-top.

 

[OCA]

No links, no proof, no nothing. Just like his life its hyperbole.

 

[Psychoblues]

You cat's listen only selectively for what you want to hear, don't you?

Psychoblues

 

[Annie]

Originally posted by Psychoblues
You cat's listen only selectively for what you want to hear, don't you?

Psychoblues

What did I miss? That isn't making sense, can you explain? Please.

 

[Psychoblues]

I wouldn't expect much more from an administration that would advocate renaming hamburger flippers from service to manufacturing. It looks better on paper, don't you know? But you still don't "get it", do you?

Psychoblues

 

[Big D]

I think Psychoblues theory is more right then wrong.

And here is some proof:

While politicians and news media reports have focused on the numbers of jobs lost and gained in this postrecession U.S. recovery -- there has been a net loss of 2.3 million jobs since 2001 -- very little has been said about the disparity in pay between jobs lost and jobs gained.
http://www.freep.com/money/business/jobs30_20040130.htm

 

[MtnBiker]

Industry Payroll Employment (Establishment Survey Data)

Total nonfarm payroll employment rose by 248,000 in May to 131.2 million,
seasonally adjusted. Since its recent low in August 2003, payroll employment
has risen by 1.4 million; 947,000 of this increase occurred over the last 3
months. Job growth was widespread in May, with gains continuing in construc-
tion, manufacturing, and several service-providing industries. (See table
B-1.)

In May, construction employment increased by 37,000, with most of the gain
occurring in specialty trade contracting and the construction of buildings.
Since March 2003, the construction industry has added about a quarter-million
jobs.

Manufacturing employment grew by 32,000 in May. Since January, manufactur-
ing has added 91,000 jobs, mostly in its durable goods component. In May, em-
ployment rose in three construction-related manufacturing industries: fabri-
cated metal products, wood products, and nonmetallic mineral products (such
as concrete and cement). Employment also increased in computer and electronic
products.

Mining employment continued to rise in May. Since January, the industry
has added 18,000 jobs.

In the service-providing sector, professional and business services added
64,000 jobs in May. Employment in temporary help services continued to rise
(31,000) and has grown by 299,000 (or 14 percent) since April 2003.

Strong employment increases in health care and social assistance continued
in May with a gain of 36,000. Over the year, this industry has added 274,000
jobs. Hospitals and ambulatory health care services, such as outpatient care
centers, accounted for two-thirds of May's employment gain.

Within the leisure and hospitality industry, food services added 33,000 jobs
over the month. Since the beginning of the year, employment in food services
has increased by an average of 32,000 a month, more than double the average
monthly increase in 2003.

Employment in financial activities rose by 15,000 in May, reflecting con-
tinued increases in real estate and in credit intermediation. Retail employ-
ment continued to trend upward in May; over the year, the industry has added
142,000 jobs. Within retail trade, employment edged up in May in building
material and garden supply stores, food and beverage stores, and clothing
stores. Wholesale trade employment also edged up in May; the industry has
added 55,000 jobs since October 2003.

In the information sector, telecommunications employment was down by 5,000
in May. Since its peak in March 2001, the telecommunications industry has shed
283,000 jobs, a fifth of its total.

- 4 -

Weekly Hours (Establishment Survey Data)

The average workweek for production or nonsupervisory workers on private
nonfarm payrolls was unchanged in May at 33.8 hours, seasonally adjusted. The
manufacturing workweek increased by 0.4 hour to 41.1 hours, more than offset-
ting declines in March and April. Manufacturing overtime edged up by 0.1 hour
to 4.7 hours in May. (See table B-2.)

The index of aggregate weekly hours of production or nonsupervisory workers
on private nonfarm payrolls increased by 0.3 percent in May to 100.2 (2002=100).
The manufacturing index was up by 1.3 percent over the month to 95.5. (See
table B-5.)

Hourly and Weekly Earnings (Establishment Survey Data)

Average hourly earnings of production or nonsupervisory workers on private
nonfarm payrolls rose by 5 cents in May to $15.64, seasonally adjusted. Aver-
age weekly earnings were up by 0.3 percent over the month to $528.63. Over
the year, average hourly earnings grew by 2.2 percent, and average weekly earn-
ings increased by 2.5 percent. (See table B-3.)

http://www.bls.gov/news.release/empsit.nr0.htm

These are good hard working Americans, do you want to call their job crap?

 

[Psychoblues]

Oh, there are literally hundreds of references that could be provided that would reinforce what many like myself would consider common knowledge. Somehow, someday you're going to have to do some researching on your own and some understanding of what is readily available for you. Have you met a former Democrat convert lately?

Psychoblues

 

[007]

Originally posted by Big D
I think Psychoblues theory is more right then wrong.

And here is some proof:

While politicians and news media reports have focused on the numbers of jobs lost and gained in this postrecession U.S. recovery -- there has been a net loss of 2.3 million jobs since 2001 -- very little has been said about the disparity in pay between jobs lost and jobs gained.
http://www.freep.com/money/business/jobs30_20040130.htm

Gee... I can't help but wonder if "SEPTEMBER 11th 2001" had anything to do with the decline in the economy?

Holy shit psycho..... our economy is on FIRE considering what it's been through. But now I suppose you're going to tell me kerry and his "I'm going to raise your taxes again" strategy will be better for the economy.

Uuuum.... no it won't. It'll throw this country back into a recession so fast it'll make your head spin.

MORE TAXES, TAXES, TAXES. That's all you freakin' liberals understand isn't it? You won't be happy until we give ALL our money to the government. Because we're all to fucking STUPID to know what to do with our own money right?

Pop another cold one asswipe. You're already off your rocker, might as well be shit faced and off your rocker.... or, are you already shit faced? Probably.... you think and talk like it.

 

[MtnBiker]

Originally posted by Psychoblues
Oh, there are literally hundreds of references that could be provided that would reinforce what many like myself would consider common knowledge. Somehow, someday you're going to have to do some researching on your own and some understanding of what is readily available for you. Have you met a former Democrat convert lately?

Psychoblues

Do you have a problem with me referencing the United States Department of Labor?

 

[Big D]

Originally posted by MtnBiker
Do you have a problem with me referencing the United States Department of Labor?

Ya, I would not trust alot of stats that our government puts out.

 

[Psychoblues]

That's a good start, MtnBkr. But next time reference something that's objective rather than political.

Psychoblues

 

[Annie]

Originally posted by Psychoblues
That's a good start, MtnBkr. But next time reference something that's objective rather than political.

Psychoblues

Why don't you show us HOW?

 

[MtnBiker]

Originally posted by Psychoblues
That's a good start, MtnBkr. But next time reference something that's objective rather than political.

Psychoblues

How is the Department of Labor political?

And, unlike yourself I put up some numbers. Not just some mindless babble. Where is your info?

 

[Psychoblues]

Considering their admittedly partisan leader, the Secretary of Labor, I just couldn't come up with any other excuse for the misinformation depicted in that report.

Psychoblues

 

[MtnBiker]

Originally posted by Psychoblues
Considering their admittedly partisan leader, the Secretary of Labor, I just couldn't come up with any other excuse for the misinformation depicted in that report.

Psychoblues

So the same would hold true for the Clinton administration and we could not believe any of the number produced at that time either?

 

[Psychoblues]

Not true. Many in the Clinton Administration demonstrated a very bipartisan attitude and willingness to discuss. Not so under this one.

Psychoblues

 

[MtnBiker]

I'm not buying into your corruption theory. Just a bunch of hot air.

I still say there are good jobs that good Americans are working hard at but because of your view, you want to call them crappy.

 

[Gop guy]

How much longer are you libs going to stay in denial about the economy? I mean it's SO SAD.