March Job Growth Strongest in 4 Years

[GoPackGo]

WWJKDB - (What Would John Kerry Do Better) - not just rhetoric, but solid suggestions/solutions

 

[Michael]

yellowrose - You still don't understand the difference.

Michael

 

[Pandaren]

I just took a look at the government figures here:

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

The unemployment rate is 5.7%, and the number of persons classified as "discouraged" has remained steady. Blacks have an astounding 10.2% unemployment , while if you are Asian, most likely you are doing quite well (only 4.2% unemployment )

It's a mixed bag at best - there are still a lot of people looking for work, and a lot of people who have given up.

 

[heartsurgeon]

CAD ol'buddy....Kerry is already spinning the GOOD news into "BAD news..here's the plan how the Dems will criticise a rejuveinated economy and job market....

the jobs "aren't in the manufacturing sector"
(particularly egregious for Dems who want more union jobs!!)

Kerry - "I will create 10 million new jobs!" - so if the numbers don't exceed 10 million new jobs, the economy sucks.

and the final criticism will be "the deficit is to big, we need to roll back the Bush tax cuts"


very predictable.

 

[Red Dawn]

Originally posted by: heartsurgeon
CAD ol'buddy....Kerry is already spinning the GOOD news into "BAD news..here's the plan how the Dems will criticise a rejuveinated economy and job market....

the jobs "aren't in the manufacturing sector"
(particularly egregious for Dems who want more union jobs!!)

Kerry - "I will create 10 million new jobs!" - so if the numbers don't exceed 10 million new jobs, the economy sucks.

and the final criticism will be "the deficit is to big, we need to roll back the Bush tax cuts"


very predictable.

Kind of like your posts!

I hope the Job growth continues, not for the sake of the Dub getting re-elected but for the good of the country!

 

[conjur]

What I keep going back to is this portion of the news:

Jobless workers are increasingly accepting part-time work. The number of people who worked part time for economic reasons rose to 4.7 million in March, up from 4.4 million the previous month.

That is screaming, "HEY! I'm the 300,000 job increase here!"

 

[CADsortaGUY]

Originally posted by: conjur
What I keep going back to is this portion of the news:

Jobless workers are increasingly accepting part-time work. The number of people who worked part time for economic reasons rose to 4.7 million in March, up from 4.4 million the previous month.

That is screaming, "HEY! I'm the 300,000 job increase here!"

Yeah, you keep thinking that

CkG

 

[conjur]

Well...tell me different. Explain how that's not the difference.

I'm no economist.

 

[heartsurgeon]

I hope the Job growth continues, not for the sake of the Dub getting re-elected but for the good of the country!

Most liberals are praying for the economy to tank, because they hate Bush so much they don't care about the hardship, they just see a issue to get Bush out of the White House.

I salute the fact that you are not one of these liberals.

 

[Red Dawn]

Originally posted by: heartsurgeon

I hope the Job growth continues, not for the sake of the Dub getting re-elected but for the good of the country!

Most liberals are praying for the economy to tank, because they hate Bush so much they don't care about the hardship, they just see a issue to get Bush out of the White House.

I salute the fact that you are not one of these liberals.

That's because I am not a Liberal. I don't like Bush because he has shown himself to be untrustworthy and incompetent but I can't see myself voting for Kerry either. However since it was Bush who lied to me and the fact that he sucks up to the Ridiculous..err..Religious Right it is he whom I scorn.

 

[CADsortaGUY]

Originally posted by: conjur
Well...tell me different. Explain how that's not the difference.

I'm no economist.

Lets see if you can figure it out for yourself. Keep in mind where these numbers come from and such.

But whatever allows you excuse the numbers is fine with me if it helps you sleep at night...

CkG

 

[Gaard]

Most liberals are praying for the economy to tank

Another typical Liberal ploy of making an assertion of fact by one of our resident hypocrites.

 

[leeboy]

Originally posted by: LordJezo

Originally posted by: BaliBabyDoc

My dad lost his job when Clinton was in office, my dad got a new job when Bush was in office.

Good for you. Bad for the millions of Americans that you are willing to sacrifice for your family's benefit.


monthly job growth of recent Presidents

That chart means nothing to me unless I get the statistics behind it completely explained.

The way I read it.. during the Bush administration the amount of jobs declined. Ok.. and? Of course they are going to decline. Bush came into office during a recession and the collapse of one of the biggest bubbles in the US economy history. How would it suprise anyone then that there are not as many jobs now as when the boom was going on?

The recession offically began on March 15, 2001. He took office in January. Just didn't want you to confuse the two dates.

 

[dmcowen674]

Originally posted by: leeboy

Originally posted by: LordJezo

Originally posted by: BaliBabyDoc

My dad lost his job when Clinton was in office, my dad got a new job when Bush was in office.

Good for you. Bad for the millions of Americans that you are willing to sacrifice for your family's benefit.


monthly job growth of recent Presidents

That chart means nothing to me unless I get the statistics behind it completely explained.

The way I read it.. during the Bush administration the amount of jobs declined. Ok.. and? Of course they are going to decline. Bush came into office during a recession and the collapse of one of the biggest bubbles in the US economy history. How would it suprise anyone then that there are not as many jobs now as when the boom was going on?

The recession offically began on March 15, 2001. He took office in January. Just didn't want you to confuse the two dates.

You apparently didn't get the Memo, the NeoCons changed the Official Date to October 2000.

 

[CaptnKirk]

To have added 308,000 jobs in the month, and have the same unemployment rate is a wash.
there were just as many jobs lost as there were gained for a net of ZERO, or possibly an
actual loss of around 300.

The most likely factor is the loss of the higher paying technical skill jobs, and the low
paying service industries picking up some - but not all of the slack.

You can bet that the Engineers that lost thier jobs with the cancellation of the Commanche helicopters
didn't decide that a move to Burger Fry Cook wasn't a carrer enhancment for them.

We'll have to wait and see how the next cycle of reporting and numbers fudging works out.
Fuzzy Math or Creative Accounting - do you still believe whatever this Government spews ?

 

[charrison]

Originally posted by: CaptnKirk
To have added 308,000 jobs in the month, and have the same unemployment rate is a wash.
there were just as many jobs lost as there were gained for a net of ZERO, or possibly an
actual loss of around 300.

That is not correct, those workers that had previously not been looking for a job are now actively looking for work.
Might want to read up on how bls operates...

 

[BaliBabyDoc]

That chart means nothing to me unless I get the statistics behind it completely explained.

Curiously, no such requirement is made of the positive jobs report . . .

Why is it spin to detail what kind of jobs are being created? It's certainly spin to claim the tremendous change from February is due to Bush policies. But it's an incontrovertible fact that many of our NEW jobs sux in comparison to the jobs that have left.

I doubt anyone has the data set but I would love to compare (correcting for inflation) the salary/benefits of jobs being created in March 2000 to the jobs created in March 2004.

 

[Gaard]

Curiously, no such requirement is made of the positive jobs report . . .

how true

 

[CaptnKirk]

Here's how our local paper played it
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The nation's employers added 308,000 new jobs in March, hiring at the fastest pace in four years
and providing long-awaited evidence the weak jobs market may be gaining steam.

At the same time, the civilian unemployment rate bumped up to 5.7 percent, the Labor Department reported Friday.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Gaining jobs while unemployment increases is not a viable statistic.

 

[Wolfdog]

Not to be the downer or anything but April looks to be returning to the crapola trend. Gateway will be closing all thier retail stores accross the nation, and Sun also is going to be laying off quite a few staff members. Gas prices are set to reach $3.00 a gallon this summer and dairy products will also see a large increase. If this continues on this course there will be a contraction in the job market, and massive layoffs will abound once again. Those are but two factors in the total cost of living, but there is a cascading effect there.
This isn't exactly the year of awards for the president getting reelected. I'm sure that Kerry will bring up all his promises to America during his 2000 campaign. Like saying that he would have tight control over the oil prices. It is almost like he doesn't want to get reelected.

 

[chess9]

BBD:

You don't need the data set. Since wages are rising at less than the rate of inflation the strong likelihood is that the new jobs are at significantly lower wages with fewer benefits. I wonder if Wall Street will figure this out by Monday morning. I hope not, 'cause I have too many tech dogs.

Is this "RECOVERY" fooling anyone except the Bushmeisters? Oh, you say Dave is fooled? And Moonie? Well, they don't count.

-Robert

 

[chess9]

Wolfdog:

Kerry has little chance of getting elected. Not to worry 'cause we'll get to kick GW around for four more years. I figure four more years of Bush and maybe we'll have a real Indpendent candidate appear, and I don't mean Nader or some Libertarian screw ball. Anyway, Americans should be darn near histerical about year 6 of the Bush regime.

-Robert

 

[heartsurgeon]

Another typical Liberal ploy of making an assertion of fact by one of our resident hypocrites

HAHAHAHA!!! it's like one big dysfunctional family here at P&N, can't get away with anything!

congrats to you on pointing out once again that conservatives have some of the same weakness as liberals..

 

[dmcowen674]

Originally posted by: chess9
Wolfdog:

Kerry has little chance of getting elected. Not to worry 'cause we'll get to kick GW around for four more years. I figure four more years of Bush and maybe we'll have a real Indpendent candidate appear, and I don't mean Nader or some Libertarian screw ball. Anyway, Americans should be darn near histerical about year 6 of the Bush regime.

-Robert

Dave/Moonie 2008

 

[classy]

Originally posted by: CADkindaGUY

Originally posted by: classy
I laugh at these reports. The economic growth has been the worst since the depression the last 4 years. So to have the best growth in the "last" 4 years really isn't saying much.

No, you are talking about job growth maybe, but not economic growth. But sure, believe what you want if it helps you sleep at night.

CkG

The number that is the most important is the unemployment rate. It has not changed. Many folks have even run out of unemployment benefits, unable to find a job. The job numbers is a bogus stat and you know it.