US adds massive 287,000 jobs in June.....Quite A Change From Bush's Fiasco

[IcebergSlim]

Can you name the POTUS under whom job growth exceeded population growth?

"A month" being the operative words here......anything special happen during that month?

287K is bare minimum for a recovery. Also, wages contune to fall.
8 years of saying this is the summer of recovery and onto year 9.

Wrong, wrong and wrong...

According to our analysis, job growth of more than about 80,000 jobs per month would put downward pressure on the unemployment rate, down significantly from 150,000 to 200,000 during the 1980s and 1990s.

ESSAYS ON ISSUES THE FEDERAL RESERVE BANK JULY 2013
OF CHICAGO NUMBER 312


Last week the Washington Center for Equitable Growth reported that 2015 was the best year for real income growth for the bottom 99 percent of income earners since 1998, as the impact of a tightening labor market and deflationary forces from abroad flowed through to workers

What's Good for Workers Is Terrible for Investors

You mean like 1 job will put downward pressure too? Unfucking belivable.....

94 million people.....you can run but you can't hide.....

No, meathead.....the Chicago Federal Reserve projects that we will average 80,000 new entrants into the labor force every month.....unlike newborns, they are actually employment eligible...

You still haven't told me who these 94 million are?

How many of them WANT a job?

There's probably about 43 people who WANT to work for a living.

There is actually a number for the part of the 94 million which wants work.

 

[IcebergSlim]

Wow, it only took how many years now? If I remember correctly (and I do), we were told 2010 was the summer of recovery. Hey, we're only 6 years late.

Uh...no.....the economy has averaged over 190,000 net new jobs per month since 2012...

Did you vote for Scrub in '04?

190,000 new jobs per month is not much more than keeping pace with new entrants to the job market. It's not much of a recovery.

It is more than 2X the monthly number of entrants.

 

[JimH52]

Yup, economy is humming while. Republicans are whining, realizing that they are stuck with Donnie.

 

[Dana7360]

The unemployment rate is up.

The labor force participation rate is near an all time low.

Not a single year of 3% growth.

Lets throw a party and pretend everything is great. No one will notice the 94 million without a job.

The unemployment rate is up because the LFPR is up, you can pick and choose your preference but you can't list BOTH as negatives.

True, no 3%+ growth, but no Great Recession looming either, which is of course a great improvement on 2000s and if we never have another recession or 3%+ annual growth we would actually be doing quite well. Stability is under-rated.

No one will notice because THEY AREN'T LOOKING FOR A JOB since most are retired or in school.

Nobody is *GASPING* at the prospect of grandpa not working or Johny going to school instead of office.

I'm sorry but the true and accurate definition of a recession is two consecutive quarters of negative growth.

By definition if there's 3% growth there isn't a recession.

 

[rightwinger]

Wait a minute....you claimed "wages continue to fall"

Now to justify it you cite weak wage growth

Wages fell in 80 of 100 biggest U.S. cities during recovery

Have a nice day!

That's the way averages work. Some areas do well, others don't
Citing those who don't doesn't prove your point

Lord you're stuck on stupid.

You are the one who can't understand what average wages are

You're the moron unaware of the negative wage growth in America. Only slightly positive this month because minimum wage is forcing it up.

You made the claim that "wages are continuing to fall" and are obviously wrong. Now you are pouting because I called you on it

 

[Rambunctious]

You don't know what you are talking about. The numbers are revised every month for the previous two months. Over the last year they have been revised upwards more so than downwards.

You are either a flat out liar or you are extremely misinformed....

 

[owebo]

287K is bare minimum for a recovery. Also, wages contune to fall.
8 years of saying this is the summer of recovery and onto year 9.

Wrong, wrong and wrong...

According to our analysis, job growth of more than about 80,000 jobs per month would put downward pressure on the unemployment rate, down significantly from 150,000 to 200,000 during the 1980s and 1990s.

ESSAYS ON ISSUES THE FEDERAL RESERVE BANK JULY 2013
OF CHICAGO NUMBER 312


Last week the Washington Center for Equitable Growth reported that 2015 was the best year for real income growth for the bottom 99 percent of income earners since 1998, as the impact of a tightening labor market and deflationary forces from abroad flowed through to workers

What's Good for Workers Is Terrible for Investors

You mean like 1 job will put downward pressure too? Unfucking belivable.....

94 million people.....you can run but you can't hide.....

No, meathead.....the Chicago Federal Reserve projects that we will average 80,000 new entrants into the labor force every month.....unlike newborns, they are actually employment eligible...

You still haven't told me who these 94 million are?

How many of them WANT a job?

There's probably about 43 people who WANT to work for a living.

There is actually a number for the part of the 94 million which wants work.

Yeah....94 million.....

 

[owebo]

The unemployment rate is up.

The labor force participation rate is near an all time low.

Not a single year of 3% growth.

Lets throw a party and pretend everything is great. No one will notice the 94 million without a job.

The unemployment rate is up because the LFPR is up, you can pick and choose your preference but you can't list BOTH as negatives.

True, no 3%+ growth, but no Great Recession looming either, which is of course a great improvement on 2000s and if we never have another recession or 3%+ annual growth we would actually be doing quite well. Stability is under-rated.

No one will notice because THEY AREN'T LOOKING FOR A JOB since most are retired or in school.

Nobody is *GASPING* at the prospect of grandpa not working or Johny going to school instead of office.

I'm sorry but the true and accurate definition of a recession is two consecutive quarters of negative growth.

By definition if there's 3% growth there isn't a recession.

Yeah!!!! The Obama economy is bumpin'!!!! Let's print another 10 trillion to make it stronger....

You have no ducking idea what's going on....do you even have a job?

 

[IcebergSlim]

Wait a minute....you claimed "wages continue to fall"

Now to justify it you cite weak wage growth

Wages fell in 80 of 100 biggest U.S. cities during recovery

Have a nice day!

That's the way averages work. Some areas do well, others don't
Citing those who don't doesn't prove your point

Lord you're stuck on stupid.

You are the one who can't understand what average wages are

You're the moron unaware of the negative wage growth in America. Only slightly positive this month because minimum wage is forcing it up.

Math isn't your jam, is it.....

explain to me how the minimum wage is forcing up wage growth....

seriously.....

 

[IcebergSlim]

The unemployment rate is up.

The labor force participation rate is near an all time low.

Not a single year of 3% growth.

Lets throw a party and pretend everything is great. No one will notice the 94 million without a job.

The unemployment rate is up because the LFPR is up, you can pick and choose your preference but you can't list BOTH as negatives.

True, no 3%+ growth, but no Great Recession looming either, which is of course a great improvement on 2000s and if we never have another recession or 3%+ annual growth we would actually be doing quite well. Stability is under-rated.

No one will notice because THEY AREN'T LOOKING FOR A JOB since most are retired or in school.

Nobody is *GASPING* at the prospect of grandpa not working or Johny going to school instead of office.

I'm sorry but the true and accurate definition of a recession is two consecutive quarters of negative growth.

By definition if there's 3% growth there isn't a recession.

That is the "technical" definition....but the NBER doesn't do it that way....

 

[IcebergSlim]

Wrong, wrong and wrong...

According to our analysis, job growth of more than about 80,000 jobs per month would put downward pressure on the unemployment rate, down significantly from 150,000 to 200,000 during the 1980s and 1990s.

ESSAYS ON ISSUES THE FEDERAL RESERVE BANK JULY 2013
OF CHICAGO NUMBER 312


Last week the Washington Center for Equitable Growth reported that 2015 was the best year for real income growth for the bottom 99 percent of income earners since 1998, as the impact of a tightening labor market and deflationary forces from abroad flowed through to workers

What's Good for Workers Is Terrible for Investors

You mean like 1 job will put downward pressure too? Unfucking belivable.....

94 million people.....you can run but you can't hide.....

No, meathead.....the Chicago Federal Reserve projects that we will average 80,000 new entrants into the labor force every month.....unlike newborns, they are actually employment eligible...

You still haven't told me who these 94 million are?

How many of them WANT a job?

There's probably about 43 people who WANT to work for a living.

There is actually a number for the part of the 94 million which wants work.

Yeah....94 million.....

If you were possessed of an attention span longer than a nematode's you might have made it this far in May's CNS spin of the BLS report..

The Bureau of Labor Statistics counted 5,793,000 people in April as "persons who currently want a job," up from 5,712,000 in March.
Labor Force Participation Rate Dropped to 62.8% In April: 94,044,000 Out

But you're a moron, and you didn't....

 

[IcebergSlim]

You don't know what you are talking about. The numbers are revised every month for the previous two months. Over the last year they have been revised upwards more so than downwards.

You are either a flat out liar or you are extremely misinformed....

You a drudge "reader", boy?

 

[IcebergSlim]

Wait a minute....you claimed "wages continue to fall"

Now to justify it you cite weak wage growth

Wages fell in 80 of 100 biggest U.S. cities during recovery

Have a nice day!

That's the way averages work. Some areas do well, others don't
Citing those who don't doesn't prove your point

Lord you're stuck on stupid.

You are the one who can't understand what average wages are

You're the moron unaware of the negative wage growth in America. Only slightly positive this month because minimum wage is forcing it up.

 

[westwall]

The U.S. added 287,000 new jobs in June, according to the Labor Department report ...

"Massive"? It doesn't even keep up with population growth. Nor does it take into account the fact that there are 5 million fewer jobs than there were under Bush.

Get a clue.

 

[IcebergSlim]

What was Scrub bequeathed?

The unemployment rate at the beginning of 2001 was about 4.2% when President Bush took office.

http://www.bls.gov/news.release/history/empsit_02022001.txt

What was it on Feb 1, 2009?

7.8% Bureau of Labor Statistics Data

So Scrub dumped a U3 rate on Obama that was 85% higher than the one he inherited from Clinton.........not to mention The Great Recession.

 

[Rambunctious]

The U.S. added 287,000 new jobs in June, according to the Labor Department report ...

"Massive"? It doesn't even keep up with population growth. Nor does it take into account the fact that there are 5 million fewer jobs than there were under Bush.

Get a clue.

And after it gets the customary downward revision this thread will be even more laughable.

 

[Rambunctious]

SOP...standard operating procedure. Talk up the economy when it benefits the democrats in an upcoming election. The truth is after 8 years the economy stills sucks and we still can't win a war. Obama sucks.

 

[owebo]

You mean like 1 job will put downward pressure too? Unfucking belivable.....

94 million people.....you can run but you can't hide.....

No, meathead.....the Chicago Federal Reserve projects that we will average 80,000 new entrants into the labor force every month.....unlike newborns, they are actually employment eligible...

You still haven't told me who these 94 million are?

How many of them WANT a job?

There's probably about 43 people who WANT to work for a living.

There is actually a number for the part of the 94 million which wants work.

Yeah....94 million.....

If you were possessed of an attention span longer than a nematode's you might have made it this far in May's CNS spin of the BLS report..

The Bureau of Labor Statistics counted 5,793,000 people in April as "persons who currently want a job," up from 5,712,000 in March.
Labor Force Participation Rate Dropped to 62.8% In April: 94,044,000 Out

But you're a moron, and you didn't....

I stand corrected my liberal tool friend....

99,044,000 not in the labor force....

 

[Rozman]

The U.S. added 287,000 new jobs in June, according to the Labor Department report ...

That barely breaks even with population growth.

Call me when it gets to the million jobs in a month Reagan had.

Can you name the POTUS under whom job growth exceeded population growth?

"A month" being the operative words here......anything special happen during that month?

287K is bare minimum for a recovery. Also, wages contune to fall.
8 years of saying this is the summer of recovery and onto year 9.

Bullshit ....287,000 is good in any economy
Where in the jobs report does it say that wages fell? You are just making shit up again

Where were you guys when the May 2016 number came out....
I didn't see any thank you Mr President then........
Why not......?

If Barry was solely responsible for the June number
Why is he not responsible for the May number.....

I would like to see the Libs answer.....

 

[IcebergSlim]

The U.S. added 287,000 new jobs in June, according to the Labor Department report ...

"Massive"? It doesn't even keep up with population growth. Nor does it take into account the fact that there are 5 million fewer jobs than there were under Bush.

Get a clue.

Seriously?

Are you back her with more of your Stupid?

How did job creation under Scrub fare relative to population growth?

(Hint: Pop. 2/2001-2/2009 +22.3 million, Total Nonfarm +0.6 million)


Total nonfarm payrolls peaked at 138.4 million under Scrub.....in Jan 2008

As of three weeks ago, that number stood at 144.2 million.

All Employees: Total Nonfarm Payrolls

Will you be needing help with the math?