How's that scary, hatey thing going for ya? Recession recovery moving in right direct

D

deleted15807

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^ But that ain't no bitch. 9-to-10 it's got nuts.
 

Trinity

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ZOS23xy

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so the March jobs market gained 230,000 and April saw an increase of 290,000. April is the biggest one-month increase in FOUR YEARS and the biggest increase in MANUFACTURING jobs in TWELVE YEARS.

We have a long way to go but at least we're moving in the right direction.

Chris Weigant: Friday Talking Points [122] -- Bikini Bottom Update

For the right wing androids like Trinity, there will be talk of manipulation of facts and "wait and see, because Obama is still the President..."
 

Trinity

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For the right wing androids like Trinity, there will be talk of manipulation of facts and "wait and see, because Obama is still the President..."

Just more facts:

290,000 gain in the month of April? We have to gain 150,000 just to keep pace with the labor growth. And do you know how many people lost their job last WEEK? And the WEEK before that?

The number of people applying for unemployment benefits essentially held steady at 444,000 in the latest week, a reflection of a frail U.S. job market.
Claims fell by 4,000 in the week ended May 8, but the data was revised up by 4,000 for the prior week to a seasonally adjusted 448,000, according to the Labor Department.
The net effect: no change from last week's headline number.
MarketWatch.com

Unemployment went up...not down.
 

B_talltpaguy

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^lololololol... and up pops the troll, lying her ass off, as usual.

+290,000 is the NET change for the month.

But hey, thanks for the laughs, and thanks for proving that you're as dishonest and ignorant as ever.
 
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Trinity

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^lololololol... and up pops the troll, lying her ass off, as usual.

+290,000 is the NET change for the month.

You're talking about April. The quote mentions week ending May 8. :rolleyes:

But the overall point is that jobless claims have not improved in Six Months.

For six months the four week average has returned close to 450,000 with no improvement.

Unemployment rose to 9.9 and Truer Unemployment rose to 17.1 despite the addition of 290,000 jobs because more the same number of people remain unemployed. The jobless remain jobless. The "net" adding and subtracting doesn't count everyone who is jobless. Losing 450,000 jobs a week keeps unemployment unimproved or worse - on the rise.
 

B_talltpaguy

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Since you like to dwell on raw numbers, try these on for size... According to the BLS' household survey, the economy actually added 1.319 million new jobs last month.

Go to table A-1 of the BLS release, which can be found here:
Table A-1. Employment status of the civilian population by sex and age

Line 4 tells us that there were 137,983K employed people in March, and 139,302K employed people in April.

139,302K - 137,983K = +1,319K.

What that means is, the raw data shows an increase of 1.319 million jobs in one month.



To wit;
LINK
Payrolls May Underestimate U.S. Jobs as Household Survey Surges
May 07, 2010, 2:34 PM EDT
By Courtney Schlisserman

May 7 (Bloomberg) -- Americans are telling the U.S. government that employment in the world’s largest economy is rising even faster than payrolls indicate.

Employers said they took on 290,000 workers in April, a report from the Labor Department showed today in Washington. A separate survey of households showed 550,000 more people were employed last month. Even after adjusting the data to make the counts similar, including subtracting the self-employed and farm workers, the household figures showed a 382,000 jump in hiring.


Oh, and by all means, keep whining that these numbers aren't from May (which obviously aren't available yet, seeing that it's only May 13th)... And I'll happily dig up your intellectually dishonest remarks in a few weeks when the May numbers are available and we'll all laugh at your some more. ;)
 
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Trinity

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Since you like to dwell on raw numbers, try these on for size... According to the BLS' household survey, the economy actually added 1.319 million new jobs last month.

Go to table A-1 of the BLS release, which can be found here:
Table A-1. Employment status of the civilian population by sex and age

Line 4 tells us that there were 137,983K employed people in March, and 139,302K employed people in April.

139,302K - 137,983K = +1,319K.

What that means is, the raw data shows an increase of 1.319 million jobs in one month.

You don't even know what you are talking about. :rolleyes: Sad really. But produce some articles touting 1.319 million jobs created in one month...

or quit while you're behind. :wink:
 

hypoc8

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I find it hard to believe that 1.3 million jobs were created in one month. I don't count jobs that were "supposedly saved" as being created either.
 

B_talltpaguy

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I find it hard to believe that 1.3 million jobs were created in one month. I don't count jobs that were "supposedly saved" as being created either.
I also found it hard to believe, but the BLS doesn't make this stuff up...

One BLS survey queries actual households and extrapolates how many people are employed (CPS)... The other queries businesses and extrapolates how many people are on the payroll. (CES)...

They do two different surveys, because the answers are different, depending on what's going on in the labor market. From what I understand, the difference in the numbers is attributed to self-employed and other non-payroll workers, especially farmers. But when it boils down to it, all that matters is whether or not people are getting a paycheck, not who they are working for.

If you really want to see something interesting, check out the merged report, which the idiot MSM almost never talks about, even though it's really the only one they should talk about imo...
http://www.bls.gov/web/empsit/ces_cps_trends.pdf
 
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Trinity

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I also found it hard to believe, but the BLS doesn't make this stuff up...

One BLS survey queries actual households and extrapolates how many people are employed (CPS)... The other queries businesses and extrapolates how many people are on the payroll. (CES)...

They do two different surveys, because the answers are different, depending on what's going on in the labor market. From what I understand, the difference in the numbers is attributed to self-employed and other non-payroll workers, especially farmers. But when it boils down to it, all that matters is whether or not people are getting a paycheck, not who they are working for.

If you really want to see something interesting, check out the merged report, which the idiot MSM almost never talks about, even though it's really the only one they should talk about imo...
http://www.bls.gov/web/empsit/ces_cps_trends.pdf

You have officially embarrassed yourself with that nonsense. :rolleyes:
 

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Not to be splitting hairs here but I'm also kinda curious about what "kind" of jobs these are suppose to be. Are these temporary positions such as tax preparers and cenus workers or are these permanent positions that pay decent wages and have benefits. IMO I don't think that seasonal positions should be counted as creating jobs.
 

B_talltpaguy

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^Just read the actual report bro, and you'll understand. The material isn't that heady.

(which is why I keep posting the actual reports, so people can find out for themselves, rather than be subject to the ramblings of trolls like Trinity, who cherry pick biased commentary, then lie to people about it and present it as 'fact')
 
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