How can this be? Who said there were no jobs being created...?

[CADsortaGUY]

Iowa Unemployment falls to 4.1%

2800 New jobs last month(January actually) They said 2500 would be good number in a "recovery" and this topped their expectations.

Now on to what the article says:

Iowa's Unemployment Rate Drops
State Boasts New Jobs In Manufacturing, Finance, Education

POSTED: 4:24 pm CST March 4, 2004
UPDATED: 4:48 pm CST March 4, 2004

DES MOINES, Iowa -- Iowa's jobless rate has dropped, thanks to new jobs.

According to state labor officials, the unemployment rate for January dipped to 4.1 percent. That's down from 4.6 percent in December.

Some state and business leaders says the numbers are a sign that the two-year economic downturn may be history.

Ann Wagner, of Iowa Workforce Development, said the state posted job gains in several industries, including 700 new jobs apiece in financial services, construction, and education and health services.

But she was most encouraged by 500 new jobs in manufacturing, the sector that has cost the state the most jobs over the past three years as companies have closed plants and moved jobs elsewhere.

but...but...but....I thought there were no jobs?

Anyway - looks like Iowa's Unemployment rate matches that of Georgia now - doesn't it dave?

CkG

Edit - curiously I couldn't find news of this on WhoTV's(NBC) website. They are owned by the NY Times incase people wanted to know that info

 

[GoPackGo]

My manager is a recruiter at a local college and he said that college grads are starting to get offers again before they graduate. This hasn't been the case for a couple of years. Where I work will now have to start competing again for the grads.

 

[dmcowen674]

I hope this trend spreads from the Hot Bed of the Country there in CAD's backyard. Are you single handedly funding all this job growth in Iowa CAD? What is it about Iowa causing this Hot Spot???

 

[CADsortaGUY]

Originally posted by: dmcowen674
I hope this trend spreads from the Hot Bed of the Country there in CAD's backyard. Are you single handedly funding all this job growth in Iowa CAD? What is it about Iowa causing this Hot Spot???

I don't know dave - maybe things just aren't as bad as you and the (d)s are trying to say they are. But heck - I go to work every day to help companies put people out of work(unskilled workers) so I highly doubt I am responsible for manufacturing job growth.

BTW - hows the Unemployment rate looking down there in Georgia?

CkG

 

[burnedout]

North Dakota has a 3.2 % unemployment rate. The biggest problem is keeping people there.

Text

Good news for Iowa though.

 

[GoPackGo]

Originally posted by: burnedout
North Dakota has a 3.2 % unemployment rate. The biggest problem is keeping people there.

Text

Good news for Iowa though.

But I thought we are in a depression?

 

[XZeroII]

Originally posted by: dmcowen674
I hope this trend spreads from the Hot Bed of the Country there in CAD's backyard. Are you single handedly funding all this job growth in Iowa CAD? What is it about Iowa causing this Hot Spot???

looks like Dave's hell in a handbasket theory is starting to falter...

 

[ReiAyanami]

yippee! everybody move to iowa!!

 

[Bowfinger]

Originally posted by: CADkindaGUY
Iowa Unemployment falls to 4.1%

2800 New jobs last month(January actually) They said 2500 would be good number in a "recovery" and this topped their expectations.
[ ... ]

The plural of "anecdote" is not "data".



It's a good sign. Let's hope the trend continues and accelerates in all 50 states. At this rate, Bush will only be ~1.6M jobs in the hole come November. I believe that's still the worst record since Hoover, but we don't set the bar too high with George.

 

[chowderhead]

nm

 

[CADsortaGUY]

Originally posted by: Bowfinger

Originally posted by: CADkindaGUY
Iowa Unemployment falls to 4.1%

2800 New jobs last month(January actually) They said 2500 would be good number in a "recovery" and this topped their expectations.
[ ... ]

The plural of "anecdote" is not "data".



It's a good sign. Let's hope the trend continues and accelerates in all 50 states. At this rate, Bush will only be ~1.6M jobs in the hole come November. I believe that's still the worst record since Hoover, but we don't set the bar too high with George.

anecdote? Hardly. Seems we've been pretty steady in this "DEPRESSION"

Seasonally Adjusted NonFarm Employment
Bill Voyce (515) 281-3895

Seasonally adjusted nonfarm employment in Iowa increased to 1,447,300 during January, 2,800 more than in December and 5,600 more than in January 2003. This was the first month of job growth following two months of decreased employment. The current total is 600 more than last year?s high mark of 1,446,700 recorded in October. Gains were noted in all published sectors, except Trade and Transportation, Professional and Business Services, and Government.

Construction, Financial Activities, and Education and Health Services were each up by 700 new jobs over the month, followed by gains of 500 in Manufacturing and 400 in Information. On the other hand, Government was down by 2,000, while Trade and Transportation decreased by 700 and Professional and Business Services by 500.

Compared to last year at this time, nonfarm employment is 5,600 higher, with significant growth occurring in Financial Activities, Construction, and Education and Health Services. The Financial sector has added 2,800 new jobs over the past twelve months, while Construction is up by 2,000 and Education and Health Services is 1,700 higher. Manufacturing, however, is still 3,200 below what it was in January 2003 due to cutbacks last spring; and Professional and Business Services is down by 700. Trade and Transportation is 300 under what it was a year ago.

At the national level, a total of 112,000 new nonfarm jobs were added in January, mainly in Retail Trade (76,000) and Construction (24,000). Gains were also noted in Wholesale Trade, Education and Health Services, and Leisure and Hospitality. On the other hand, Professional and Business Services was down by 22,000, Government decreased by 13,000, and Manufacturing by 11,000, mainly in the Nondurable Goods sector.

Anecdote= 300 Unemployed people in the town I live in. That's 2.2% Unemployment rate

CkG

 

[CaptnKirk]

What's the daily escape rate for families fleeing Iowa ?
Does it offset the influx of illegal immigrants entering California ?
Does it match the increasing number of jobs in India ?

Which, by the way, many of those jobs are government service jobs paid for by U.S. Taxpayers
for services rendered when they contact Federal and State Goverment service assist numbers.

It's a stretch, but couldn't they just outsource the 911 emergency calls to reduce cost ?

 

[Sternfan]

In VA the rate is down to 3.6%, can't get much lower then that.

 

[CADsortaGUY]

Originally posted by: CaptnKirk
What's the daily escape rate for families fleeing Iowa ?
Does it offset the influx of illegal immigrants entering California ?
Does it match the increasing number of jobs in India ?

Which, by the way, many of those jobs are government service jobs paid for by U.S. Taxpayers
for services rendered when they contact Federal and State Goverment service assist numbers.

It's a stretch, but couldn't they just outsource the 911 emergency calls to reduce cost ?

Ooops -

On the other hand, Government was down by 2,000

and
From burnedout's link - "North Dakota is the only state that lost population from 2000 to 2003."

Oh well - care to try again?

CkG

 

[DT4K]

In Oregon, we have one of the highest unemployment rates in the country.
And we have a very liberal democratic governor.
Coincidence?

I honestly can't believe that some of you are still stupid enough to believe that Bush is responsible for the recession.

 

[CADsortaGUY]

Originally posted by: Shanti
In Oregon, we have one of the highest unemployment rates in the country.
And we have a very liberal democratic governor.
Coincidence?

I honestly can't believe that some of you are still stupid enough to believe that Bush is responsible for the recession.

We have a (d) Governor too. It's a good thing a 1% budget savings plan was implemented years ago, and that we have a (R) controled Legislature.

CkG

 

[CaptnKirk]

Once upon a time there was a bus heading to Dallas.
on this bus there was a guy from Iowa and another guy from Idaho.

As the bus crossed the border from Iowa into Kansas the guy
from Idaho pulls a bag out from under his seat, pulls out several
potato(e)s and starts throwing them out the window.
Cowboy Buckaroo from Houston say's 'Whatcha doin' Pardner ?
to which he replies, "We've got so many potato(e)s in Idaho we don't need anymore"

As the bus approches the Oklahoma border, the guy from Iowa drags a bag out from
under his seat and starts chucking ears of corn out the window.
Rodeo JoeBob from El Paso asks "Whatcha doin' that fer ?"
And the reply is "Plenty of corn in Iowa, don't need no more"

Then a few hours later, as the bus is approaching the Texas border,
Cowboy and Rodeo look at each other, suddenly each grabs one of the literbugs
and throws them off the bus. They turn, smile, slap 'High-Fives'
and yell "Got so many Northerners in Texas - don't need no more."

 

[sMiLeYz]

Wait, theres other things in Iowa besides farms and cows? That's news indeed!

 

[CADsortaGUY]

Originally posted by: sMiLeYz
Wait, theres other things in Iowa besides farms and cows? That's news indeed!

Pigs.

CkG

 

[Bowfinger]

Originally posted by: sMiLeYz
Wait, theres other things in Iowa besides farms and cows? That's news indeed!

Insurance companies. Lots of insurance companies.

And a rain forest. OK, not yet, but soon thanks to the pork in DC.

 

[leeboy]

CAD no matter what good or bad happens to the economy and jobs between now and November will mean SQUAT to the voters. Your boy has major flaws that a leader should not have and he is going down. Get over it and start amassing your stockpile of complaints for the next 8 years worth of Democratic rule of the Whitehouse. Tick tock tick tock...

 

[Bowfinger]

Originally posted by: CADkindaGUY

Originally posted by: Shanti
In Oregon, we have one of the highest unemployment rates in the country.
And we have a very liberal democratic governor.
Coincidence?

I honestly can't believe that some of you are still stupid enough to believe that Bush is responsible for the recession.

We have a (d) Governor too. It's a good thing a 1% budget savings plan was implemented years ago, and that we have a (R) controled Legislature.

CkG

Just remember that the 1% rainy-day fund was established in response to Republican Governor-for-life Branstad's accounting games that put the State into the red for several years. Iowa's constitution requires a balanced budget. (See our earlier conversation re. accounting methods, Cad.) Branstad played accounting games that puts the Fed to shame. He also pushed a 67% sales tax increase during his tenure in a failed attempt to keep up with his mismangement of the budget. We didn't call him "Governor Bumstead" for nothing.

 

[CADsortaGUY]

Originally posted by: Bowfinger

Originally posted by: CADkindaGUY

Originally posted by: Shanti
In Oregon, we have one of the highest unemployment rates in the country.
And we have a very liberal democratic governor.
Coincidence?

I honestly can't believe that some of you are still stupid enough to believe that Bush is responsible for the recession.

We have a (d) Governor too. It's a good thing a 1% budget savings plan was implemented years ago, and that we have a (R) controled Legislature.

CkG

Just remember that the 1% rainy-day fund was established in response to Republican Governor-for-life Branstad's accounting games that put the State into the red for several years. Iowa's constitution requires a balanced budget. (See our earlier conversation re. accounting methods, Cad.) Branstad played accounting games that puts the Fed to shame. He also pushed a 67% sales tax increase during his tenure in a failed attempt to keep up with his mismangement of the budget. We didn't call him "Governor Bumstead" for nothing.

As opposed to Governor Pilage-N-sack? I'll take Branstad back any day over the clown we have right now. Did you read that full page BS he took out in the DM Register the other day about Education? - simply disgusting.

Leeboy - you don't seem to have a clue about what will decide this election. Ofcourse the (d)s don't know what their misinformation attack is from day to day but they all seem to think they can paint the economy and jobs as a weakness of Bush - even though IMO he's done a better job than could be expected for having to deal with the recession, dot-bomb, and 9-11.
The voters care about jobs even if you will try to trivialize the gains over the next few months.

Face it people -the economy is getting better daily inspite of your incessant whining about it. This is GOOD for America and America's workers - you (d)s and anit-Ws should be pleased with the growth we've seen.

CkG

 

[burnedout]

Originally posted by: Bowfinger

Originally posted by: sMiLeYz
Wait, theres other things in Iowa besides farms and cows? That's news indeed!

Insurance companies. Lots of insurance companies.

And a rain forest. OK, not yet, but soon thanks to the pork in DC.

Yep, I own stock in one - EMC Insurance (EMCI). A decent, conservative investment for me during the past 10 years. For some strange reason, the state of Iowa regulates the company's dividend payout.

 

[dmcowen674]

Originally posted by: CADkindaGUY

Originally posted by: dmcowen674
I hope this trend spreads from the Hot Bed of the Country there in CAD's backyard. Are you single handedly funding all this job growth in Iowa CAD? What is it about Iowa causing this Hot Spot???

I don't know dave - maybe things just aren't as bad as you and the (d)s are trying to say they are. But heck - I go to work every day to help companies put people out of work(unskilled workers) so I highly doubt I am responsible for manufacturing job growth.

BTW - hows the Unemployment rate looking down there in Georgia?

CkG

The number is pure bullsh1t. It does not match the job losses. The only reasonable explanation is what of course you refute, that those that are no longer on Unemployment roles are not counted in your Voo Doo 4.1% number.


Metro Atlanta?s unemployment rate up as jobs drop in January
Release Date: March 4, 2004

ATLANTA --The Georgia Department of Labor reported today that the unemployment rate in the metro Atlanta area for January was 4.2 percent, a slight rise from 4.1 percent in December. During the same one-month period, jobs in the metro Atlanta area declined by 31,600, or 1.5 percent.

Meanwhile, the unemployment rate in Georgia for January was 4.1 percent, a slight rise from 4.0 percent in December. During the same one-month period, jobs in the state declined by 62,800, or 1.6 percent.

?Much of the decline in jobs in January was due to seasonal factors that occur each year at this time,? said State Labor Commissioner Michael Thurmond. ?For example, cutbacks in retail trade and other service-related industries following the holiday shopping season accounted for nearly all of the job loss.

?However, some of the job losses are permanent, such as those we continue to see among some of Georgia?s major companies,? Thurmond continued. ?These losses not only affect workers whose jobs are being terminated, but make it even harder for Georgians who have been out of work for months to find employment. This weakness in the critical area of job creation continues to hamper our recovery. Job cuts scheduled for the near future, along with the thousands of long-term unemployed, make it clear that a higher rate of job creation is needed to sustain a solid recovery.?