October jobs report: Hiring picks up

[nyker96]

Finally some good news on the job market:

The economy added 151,000 jobs in October, the Labor Department reported Friday, an improvement over September, when the economy lost 41,000 jobs. That was much better than the 68,000 gain that economists surveyed by CNNMoney.com were expecting, and the best overall number since May.

http://money.cnn.com/2010/11/05/news/economy/october_jobs_report/index.htm?hpt=T2

 

[werepossum]

Assuming this is later revised downward, it's good news indeed.

 

[her209]

Oh look, just in time for the Republicans to claim credit.

 

[spacejamz]

Oh look, just in time for the Republicans to claim credit.

Link to claim or are your panties still in a wad from Tuesday night?

 

[IndyColtsFan]

There are enough sour grapes in this forum to open up a winery.

 

[rudder]

Oh look, just in time for the Republicans to claim credit.

No, I don't think so... since there was a more than expected jump in new jobless claims. Kind of offsets this good news.

 

[child of wonder]

Oh look, just in time for the Republicans to claim credit.

I'm an independent and this was my first thought as well.

Not because I'm hating on Republicans but because it's in every politician's nature to twist and spin anything to their advantage and the disadvantage of their opponents.

 

[Lemon law]

There are enough sour grapes in this forum to open up a winery.

------------------------------------------------------------------------------------------------------------
Sadly sour grapes makes sour wine, as if there was any shortage of whine on this forum.

But still only one month of economic data is never enough to assume a trend. But over the next two years, we will see the effects of the election of 11/2/2010 play out as it impacts the American economy.

 

[nick1985]

Oh look, just in time for the Republicans to claim credit.

haha, you are so pissed!

 

[drebo]

I bet these jobs include all the people who ran the polls.

 

[jhbball]

I'm SHOCKED that all of the above posters are spinning this into bad news.

 

[nick1985]

I'm SHOCKED that all of the above posters are spinning this into bad news.

I only saw 1, care to link all the posts that are negative spin? Or are you just making up lies or something?

 

[jhbball]

I only saw 1, care to link all the posts that are negative spin? Or are you just making up lies or something?

Another troll post.

Did you fire your shotgun into the air when the R's took back the house?!

 

[PeshakJang]

I'm SHOCKED that all of the above posters are spinning this into bad news.

It's good news, but it's nowhere near as good as what we need.

 

[nick1985]

Another troll post.

So you admit that your claim was fucking bogus, good. Glad we cleared that up

Did you fire your shotgun into the air when the R's took back the house?!

Haha, oh man. You are so fucking pissed off. I can see the steam coming out of your ears.

 

[jhbball]

So you admit that your claim was fucking bogus, good. Glad we cleared that up

Haha, oh man. You are so fucking pissed off. I can see the steam coming out of your ears.

You mad?

 

[drebo]

I'm SHOCKED that all of the above posters are spinning this into bad news.

The number 1 rule of tyranny is "hope". Keep the population on the cusp of hardship and success, and they'll be as malleable as you want. You have to keep them thinking that it's getting better, regardless of whether or not it really is.

It's like the war. It's not meant to be won or lost...or even ever finished. It's meant to be a piece of the government...the elephant in the room that we all have to make exception for and for which we can justify draconion policy and the scaling back of freedoms which once made this country great.

Data like this, news of more "stimulus"...it doesn't mean anything for the common man. He'll never see a penny of that $900b that just got announced. He's still jobless or barely scraping by, but the news will make him think that somewhere things are getting better and if he goes along with it, maybe things will get better for him, too. Of course, that's the lie...because things aren't actually getting better anywhere.

 

[nick1985]

You mad?

No, its obvious you are. You are so pissed you are seeing things, thinking multiple posters were spinning the OP's news, when only 1 post did anything of the sort.

Please address this

 

[jhbball]

It's good news, but it's nowhere near as good as what we need.

I'm not contesting this point really. It's good news, but we need more of that. Just commenting on the R circle jerk above.

 

[jhbball]

No, its obvious you are. You are so pissed you are seeing things, thinking multiple posters were spinning the OP's news, when only 1 post did anything of the sort.

Please address this

I can see the steam coming out of your ears. You must be furious.

 

[Engineer]

I bet these jobs include all the people who ran the polls.

LOL.

Good news. There were 8,000 government jobs shed in the report. The gains were 100% from private sector job growth. Not sure how the two largest increases were in health care and education when education is usually considered government (is it not?).

Gotta start somewhere on the positive side. Hope to go up from here.

Also LOL at the pissing match (above this post and sure to continue below)! :biggrin:

 

[nick1985]

I can see the steam coming out of your ears. You must be furious.

I didn't think you would address the lie you made. As far as R circle jerk, all I see are posters making fun of the lefty rage in this thread.

IE: See post #3

 

[jhbball]

I didn't think you would address the lie you made. As far as R circle jerk, all I see are posters making fun of the lefty rage in this thread.

IE: See post #3

You mad?

 

[jhbball]

LOL.

Good news. There were 8,000 government jobs shed in the report. The gains were 100% from private sector job growth. Not sure how the two largest increases were in health care and education when education is usually considered government (is it not?).

Gotta start somewhere on the positive side. Hope to go up from here.

Also LOL at the pissing match (above this post and sure to continue below)! :biggrin:

Thanks for the info. Good news indeed.

 

[JD50]

I see jhbball is in full meltdown mode, this is hilarious.