Unemployment down to 5.4%

[GoPackGo]

Good News for America

 

[dmcowen674]

The Fox article is so biased and lame.

Here is the full story:

9-3-2004 Economy Adds 144,000 Jobs in August

The gain in payrolls was short of the 150,000 net jobs that economists were calling for. However, it represented the biggest jobs gain since May and marked the 12th month in a row that payrolls grew.

The payrolls figure and the unemployment rate can sometimes go in different directions because they are derived from two separate statistical surveys.

The unemployment rate is calculated from a survey of around 60,000 households in which people are asked to state whether they have jobs or are looking for work. The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month.

The survey used to calculate the payroll figure ? seen as a better barometer of the labor market's health by many economist ? is based on information from about 160,000 businesses and government agencies, covering roughly 400,000 individual work sites.

Economists want to see at least 200,000 net jobs added a month on a consistent basis before declaring the labor market fully healed.

 

[GoPackGo]

Originally posted by: dmcowen674
The Fox article is so biased and lame.

Here is the full story:

9-3-2004 Economy Adds 144,000 Jobs in August

The gain in payrolls was short of the 150,000 net jobs that economists were calling for. However, it represented the biggest jobs gain since May and marked the 12th month in a row that payrolls grew.

The payrolls figure and the unemployment rate can sometimes go in different directions because they are derived from two separate statistical surveys.

The unemployment rate is calculated from a survey of around 60,000 households in which people are asked to state whether they have jobs or are looking for work. The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month.

The survey used to calculate the payroll figure ? seen as a better barometer of the labor market's health by many economist ? is based on information from about 160,000 businesses and government agencies, covering roughly 400,000 individual work sites.

Economists want to see at least 200,000 net jobs added a month on a consistent basis before declaring the labor market fully healed.

Perhaps your prefer this one

 

[GoPackGo]

Originally posted by: dmcowen674
The Fox article is so biased and lame.

Here is the full story:

9-3-2004 Economy Adds 144,000 Jobs in August

The gain in payrolls was short of the 150,000 net jobs that economists were calling for. However, it represented the biggest jobs gain since May and marked the 12th month in a row that payrolls grew.

The payrolls figure and the unemployment rate can sometimes go in different directions because they are derived from two separate statistical surveys.

The unemployment rate is calculated from a survey of around 60,000 households in which people are asked to state whether they have jobs or are looking for work. The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month.

The survey used to calculate the payroll figure ? seen as a better barometer of the labor market's health by many economist ? is based on information from about 160,000 businesses and government agencies, covering roughly 400,000 individual work sites.

Economists want to see at least 200,000 net jobs added a month on a consistent basis before declaring the labor market fully healed.

Or This One

 

[misle]

Wow, now we have less unemployment than Clinton when he was running for his second term!

According to this unemployment was down to 5.3 in July of 1996, but Clinton ran on the 5.6% unemployment numbers.

"July 5, 1996
Web posted at: 5:50 p.m. EDT

WASHINGTON (CNN) -- Economists didn't expect June's unemployment rate to be much different from May's, which was an already-low 5.6 percent. But in fact, it did fall -- to 5.3 percent. The unemployment rate hasn't been that low since June 1990."

http://www.cnn.com/US/9607/05/jobless/

 

[XZeroII]

didn't take long for Dave to try and make this good news look bad.

 

[GoPackGo]

Originally posted by: misle
Wow, now we have less unemployment than Clinton when he was running for his second term!

According to this unemployment was down to 5.3 in July of 1996, but Clinton ran on the 5.6% unemployment numbers.

"July 5, 1996
Web posted at: 5:50 p.m. EDT

WASHINGTON (CNN) -- Economists didn't expect June's unemployment rate to be much different from May's, which was an already-low 5.6 percent. But in fact, it did fall -- to 5.3 percent. The unemployment rate hasn't been that low since June 1990."

http://www.cnn.com/US/9607/05/jobless/

Plus September and October are months where businesses ramp up for christmas and hire more people with school starting again.

 

[dmcowen674]

Originally posted by: misle
Wow, now we have less unemployment than Clinton when he was running for his second term!

According to this unemployment was down to 5.3 in July of 1996, but Clinton ran on the 5.6% unemployment numbers.

Originally posted by: XZeroII
didn't take long for Dave to try and make this good news look bad.

Wow, didn't take long for the Bush Brainwashed to believe his made up numbers.

 

[GoPackGo]

Originally posted by: dmcowen674

Originally posted by: misle
Wow, now we have less unemployment than Clinton when he was running for his second term!

According to this unemployment was down to 5.3 in July of 1996, but Clinton ran on the 5.6% unemployment numbers.

Originally posted by: XZeroII
didn't take long for Dave to try and make this good news look bad.

Wow, didn't take long for the Bush Brainwashed to believe his made up numbers.

The numbers are made up?....then why worry at all?

My new job numbers.....8,000,000,000 jobs added in august ...unemployment at negative 1000 percent ....YAY FOR ME!!!

 

[UltraQuiet]

Originally posted by: GoPackGo

Originally posted by: dmcowen674
The Fox article is so biased and lame.

Here is the full story:

9-3-2004 Economy Adds 144,000 Jobs in August

The gain in payrolls was short of the 150,000 net jobs that economists were calling for. However, it represented the biggest jobs gain since May and marked the 12th month in a row that payrolls grew.

The payrolls figure and the unemployment rate can sometimes go in different directions because they are derived from two separate statistical surveys.

The unemployment rate is calculated from a survey of around 60,000 households in which people are asked to state whether they have jobs or are looking for work. The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month.

The survey used to calculate the payroll figure ? seen as a better barometer of the labor market's health by many economist ? is based on information from about 160,000 businesses and government agencies, covering roughly 400,000 individual work sites.

Economists want to see at least 200,000 net jobs added a month on a consistent basis before declaring the labor market fully healed.

Or This One

The pounding that Democrats are hearing is nails being driven into their coffins.

 

[KK]

[democrat]Oh these jobs were all minimum wage jobs, who cares. [/democrat]

 

[GoPackGo]

Originally posted by: KK
[democrat]Oh these jobs were all minimum wage jobs, who cares. [/democrat]

for a lot of people, a job is a job

 

[CADsortaGUY]

Originally posted by: XZeroII
didn't take long for Dave to try and make this good news look bad.

Yep, seems the only thing dave looks positively on is what is bad for America - sounds alot like the agenda and MO of the two trying to take the White house from Bush/Cheney.

CsG

 

[dmcowen674]

Originally posted by: GoPackGo

Or This One

From the very same article you just posted here"

"The report is still a poor one given what has come before, but not terrible," economist Robert Brusca of FAO Economics wrote in a note after the report.

==================================
Amazing the power of brainwashing when words like "poor" can be translated by the Elite as "Good News for America". That is so sad and disgusting

 

[catnap1972]

Originally posted by: UltraQuiet

The pounding that Democrats are hearing is nails being driven into their coffins.

I notice you righties didn't comment on the household survey (you remember that one--it showed a gain of 600,000+ in July which you conveniently spun)...only went up 21,000 this month (while it seems more people dropped out)

 

[CADsortaGUY]

Originally posted by: cougarls88

Originally posted by: UltraQuiet

The pounding that Democrats are hearing is nails being driven into their coffins.

I notice you righties didn't comment on the household survey (you remember that one--it showed a gain of 600,000+ in July which you conveniently spun)...only went up 21,000 this month (while it seems more people dropped out)

I'll accept 621K over the last two months in that survey - will you?

CsG

 

[nick1985]

Originally posted by: dmcowen674

Originally posted by: misle
Wow, now we have less unemployment than Clinton when he was running for his second term!

According to this unemployment was down to 5.3 in July of 1996, but Clinton ran on the 5.6% unemployment numbers.

Originally posted by: XZeroII
didn't take long for Dave to try and make this good news look bad.

Wow, didn't take long for the Bush Brainwashed to believe his made up numbers.

is there any good news about the bush administration that you WILL believe? good news = lies, bad news = truth. its a lose lose situation for bush according to your thinking.

 

[dmcowen674]

Originally posted by: nick1985

Originally posted by: dmcowen674

Originally posted by: misle
Wow, now we have less unemployment than Clinton when he was running for his second term!

According to this unemployment was down to 5.3 in July of 1996, but Clinton ran on the 5.6% unemployment numbers.

Originally posted by: XZeroII
didn't take long for Dave to try and make this good news look bad.

Wow, didn't take long for the Bush Brainwashed to believe his made up numbers.

is there any good news about the bush administration that you WILL believe? good news = lies, bad news = truth. its a lose lose situation for bush according to your thinking.

Sure, if there was REALLY any GOOD News about the Bush Administration.

The only ones that the Administration is truly good for is the Rich Elite that benefit directly from the Policy's of the Administration.

So there is only two ways I would be for the Bush Administration:

1) I was Rich Elite that benefits directly from the Bush Policies

2) I have a weak mind and successfully brainwashed by Bush Minions like Hannity etc.

Obviously I am neither of those.

 

[dullard]

From original posters link:

"The unemployment rate in August fell as the labor force shrank by 152,000 from the previous month"

So if the labor force shrinks to zero can we claim 0% unemployment? The US's method of not counting people who can't find jobs after X months is the stupidest method I can think of. Why not count the number of unemployeed, and divide by the number who want jobs?

 

[OneOfTheseDays]

Hey, any job growth is good for America, and at least things are looking better than last month. Still, most economist agree that this isn't really spectacular by any means, and we still have a long way to go. Plus, the economy is unpredictable and there's no saying it won't tank again in August and September.

What people want is both good jobs and job security. Who the hell cares is new jobs were created if they are all pretty much low-paying, low-income, unsteady jobs. That's not the future Americans want to look forward to.

 

[umbrella39]

Oh how I love to see the Bush supporters claiming this is the WIN for Bush.

Trust me, the MILLIONS upon MILLIONS of people who have fallen off the charts ARE NOT IMPRESSED by these numbers. You think all these out of work people are going to magically forget they don't have jobs when they vote in November?

LMAO! You are all priceless. Lower unemployment than when Clinton ran was my favorite line so far in this thread. Keep them coming! Let me know when they poll around 25 million households to see who is working or looking for jobs. Let me know when they count people who no longer are drawing benefits and have not returned to work in these magical unemployment figures. PFTTTTTTTTTTTTTTT.

:roll:

 

[GoPackGo]

Originally posted by: Sudheer Anne
Hey, any job growth is good for America, and at least things are looking better than last month. Still, most economist agree that this isn't really spectacular by any means, and we still have a long way to go. Plus, the economy is unpredictable and there's no saying it won't tank again in August and September.

What people want is both good jobs and job security. Who the hell cares is new jobs were created if they are all pretty much low-paying, low-income, unsteady jobs. That's not the future Americans want to look forward to.

How secure were the high paying tech jobs in the mid to late 90s?

when dot coms paid an A+ Technician $100000 per year on the coasts!

The boom of the late 90s was a fantasy...when you libs realize that you will realize that a slow and real recovery is much better than a high speed fart in the wind.

 

[OneOfTheseDays]

The tech sector wasn't the only one that was booming during the Clinton years. Also, I'm not defending Clinton so why are you bringing him up?

I think everyone understands the economy hit a recession when Bush took over. However, his policies only inflicted more harm on our economy. Tax cuts are fine, but when you have the kind of reckless spending that this adminstration does it only increases the deficit. I also love how Republicans love to talk about the costs of the war on terror. Guess what, extract all the cost from the war on terror and were still seeing the biggest deficit in 75 years. This president has shown that he has no clue or idea on how to fix our economy, and I don't think he's somehow magically figured it out with two months to go.

As far as outsourcing goes, it's only going to get worse. CEO's that outsourced saw their salaries increase by up to 46% this year, so they really have no incentive to keep jobs here.

 

[GoPackGo]

Originally posted by: Sudheer Anne
The tech sector wasn't the only one that was booming during the Clinton years. Also, I'm not defending Clinton so why are you bringing him up?

I think everyone understands the economy hit a recession when Bush took over. However, his policies only inflicted more harm on our economy. Tax cuts are fine, but when you have the kind of reckless spending that this adminstration does it only increases the deficit. I also love how Republicans love to talk about the costs of the war on terror. Guess what, extract all the cost from the war on terror and were still seeing the biggest deficit in 75 years. This president has shown that he has no clue or idea on how to fix our economy, and I don't think he's somehow magically figured it out with two months to go.

As far as outsourcing goes, it's only going to get worse. CEO's that outsourced saw their salaries increase by up to 46% this year, so they really have no incentive to keep jobs here.

Who's bringing up Clinton? This is to what our current "great depression" is being compared to every single day.

So...when you say fix the economy..what may I ask are you comparing it to.

 

[OneOfTheseDays]

Originally posted by: GoPackGo

Originally posted by: Sudheer Anne
Hey, any job growth is good for America, and at least things are looking better than last month. Still, most economist agree that this isn't really spectacular by any means, and we still have a long way to go. Plus, the economy is unpredictable and there's no saying it won't tank again in August and September.

What people want is both good jobs and job security. Who the hell cares is new jobs were created if they are all pretty much low-paying, low-income, unsteady jobs. That's not the future Americans want to look forward to.

How secure were the high paying tech jobs in the mid to late 90s?

when dot coms paid an A+ Technician $100000 per year on the coasts!

The boom of the late 90s was a fantasy...when you libs realize that you will realize that a slow and real recovery is much better than a high speed fart in the wind.

Umm...there is no question your referring to the Clinton years in this quote, trying to pawn off his years as a "fantasy". When I say fix the economy, I mean at least bring it back up to the levels it was at when Bush took office (or at least somewhere close). Facts are, Bush is about 1 million jobs short of that, and while a 150,000 increase in the number of jobs is good there is still a long way to go and there is no guarantee that next month won't have dismal numbers.