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Home🌌Off Topics🌌Off Topics News & Politics › Unemployment is back up to 8.3% LMAO!
12-06-2012 06:34 PM  7 years ago
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InvertedDude

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Unemployment is back up to 8.3% LMAO!
http://www.gallup.com/poll/159104/u...hoots-back.aspx

HAHAHAHA it is funny to watch us self-destruct!
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12-06-2012 11:44 PM  7 years ago
fla heli boy

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cape coral, florida

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I've got 4 years worth of popcorn. Let the biatch burn.
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12-06-2012 11:49 PM  7 years ago
johnmemphis

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memphis,tn

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Bush did it

more tax will fix it

more goverment spending will fix it

more laws will fix it
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12-06-2012 11:54 PM  7 years ago
fla heli boy

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free birth control will fix it
free cel phones will fix it
Wann keep going??
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12-06-2012 11:59 PM  7 years ago
johnmemphis

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memphis,tn

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free health care will fix this
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12-06-2012 11:59 PM  7 years ago
spaceman spiff

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That "seasonally adjusted" part is weird. it is based on unemployment from previous year... not sure what the details are, but somehow last year's higher unemployment for this month factors in... bizzare.

Personally, i am hoping my friends don't lose their jobs.
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12-07-2012 05:35 AM  7 years ago
Dennis (RIP)

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More government spending will fix everything.

Just you watch.
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12-07-2012 04:59 PM  7 years ago
dilberteinstein

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texas - USA

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Dennis
More government spending will fix everything.
Just you watch.
Didn't have to wait long for that to come true.
73% of New Jobs Created in Last 5 Months Are in Government

(CNSNews.com) - Seventy-three percent of the new civilian jobs created in the United States over the last five months are in government, according to official data published by the Bureau of Labor Statistics.

In June, a total of 142,415,000 people were employed in the U.S, according to the BLS, including 19,938,000 who were employed by federal, state and local governments.

http://cnsnews.com/news/article/73-...-are-government
More government employees for the taxpayers to support.
90% of life is "showing up"
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12-07-2012 05:36 PM  7 years ago
PsychoZ

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Jobless rate falls to lowest since Dec. 2008

US economy adds 146K jobs, rate falls to 7.7 pct.

http://finance.yahoo.com/news/us-ec...-133151784.html

WASHINGTON (AP) -- U.S. hiring gains held steady in November despite disruptions from Superstorm Sandy and employers' concerns about impending tax increases from the year-end "fiscal cliff."
Companies added 146,000 jobs, and the unemployment rate fell to 7.7 percent — the lowest in nearly four years — from 7.9 percent in October. The rate declined mainly because more people stopped looking for work and weren't counted as unemployed.
The government said Superstorm Sandy had only a minimal effect on the figures.
The Labor Department's report Friday was a mixed one. But on balance, it suggested that the job market is gradually improving.
November's job gains were roughly the same as the average monthly increase this year of about 150,000. Most economists are encouraged by the job growth because it's occurred even as companies have reduced investment in heavy machinery and other equipment.
"The good news is not that the labor market is improving rapidly — it isn't — but that employment growth is holding up despite all the fears over the fiscal cliff," said Nigel Gault, an economist at IHS Global Insight.
Still, Friday's report included some discouraging signs. Employers added 49,000 fewer jobs in October and September combined than the government had initially estimated.
And economists noted that the unemployment rate would have risen if more people hadn't stopped looking for work. Once people without jobs stop looking for one, they're no longer counted as unemployed.
Many analysts thought Sandy would hold back job growth significantly in November because the storm forced restaurants, retailers and other businesses to close in late October and early November.
It didn't. The government noted that as long as employees worked at least one day during a pay period — two weeks for most people — its survey would have counted them as employed.
Yet there were signs that the storm disrupted economic activity in November. Construction employment dropped 20,000. And weather prevented 369,000 people from getting to work — the most for any month in nearly two years. These workers were still counted as employed.
All told, 12 million people were unemployed in November, about 230,000 fewer than the previous month. That's still many more than the 7.6 million who were out of work when the recession officially began in December 2007.
Investors appeared pleased with the report, though the market gave up some early gains. The Dow Jones industrial average was up 31 points in mid-day trading.
The number of Americans who were working part time in November but wanted full-time work declined. And a measure of discouraged workers — those who wanted a job but hadn't searched for one in the past month — rose slightly.
Those two groups, plus the 12 million unemployed, make up a broader measure that the government calls "underemployment." The underemployment rate fell to 14.4 percent in November from 14.6 percent in October. It's the lowest such rate since January 2009.
Since July, the economy has added an average of 158,000 jobs a month. That's a modest pickup from an average of 146,000 in the first six months of the year.
In November, retailers added 53,000 positions. Temporary-help companies added 18,000. Education and health care also gained 18,000.
Auto manufacturers added nearly 10,000 jobs. Still, overall manufacturing jobs fell 7,000. That was pushed down by a loss of 12,000 jobs in food manufacturing that likely reflects the layoff of workers at Hostess.
Paul Ashworth, an economist at Capital Economics, noted that hiring by private companies was actually better in October than the government first thought. The overall job figures were revised down for October because governments themselves cut about 38,000 more jobs than was first estimated.
The U.S. economy grew at a solid 2.7 percent annual rate in the July-September quarter. But many economists say growth is slowing to a 1.5 percent rate in the October-December quarter, largely because of the storm and threat of the fiscal cliff.
The storm held back consumer spending and income, which drive economic growth. Consumer spending declined in October, the government said. And work interruptions caused by Sandy reduced wages and salaries that month by about $18 billion at an annual rate.
Still, many say economic growth could accelerate next year if the fiscal cliff is avoided. The economy is also expected to get a boost from efforts to rebuild in the Northeast after the storm.
Tea Parties are for little girls with imaginary friends
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12-07-2012 10:44 PM  7 years ago
dilberteinstein

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texas - USA

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No matter how the leftists try to "bend" the numbers, the fact remains unemployment and underemployment continue to rise in the private sector.

The main job advances seen are in the cancerous government sector as more and more people are added onto the backs of the overtaxed taxpayer.

90% of life is "showing up"
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12-08-2012 02:03 AM  7 years ago
Erwin Atchison

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Winsted, CT USA

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The rate declined mainly because more people stopped looking for work and weren't counted as unemployed.

Right from the second paragraph submitted by Psycho.

I am wondering what the numbers will turn out to be AFTER the holiday temp jobs end.
Your fun starts here!
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12-08-2012 02:36 PM  7 years ago
Noobyflyer

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Clearwater, FL

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These unemployment figures are proof that we have reached a point in time where all logic and reason has gone completely out the window. Both this and base line budgeting are two fraudulent ways our government with-holds clear indicators of where we are as a society.
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12-08-2012 02:46 PM  7 years ago
rcmiket

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El Paso,Texas

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And economists noted that the unemployment rate would have risen if more people hadn't stopped looking for work. Once people without jobs stop looking for one, they're no longer counted as unemployed.
So they no longer exist and everything'sGREAT. What a freaking joke..................

Mike
"When Inverted down is up and up is expensive"
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12-08-2012 03:16 PM  7 years ago
fla heli boy

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cape coral, florida

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Here's what's about to happen.....unemployment will continue to fall. Why?? More and more employers are going to cut back hours to avoid having to provide health insurance, requirening them to hire to pick up the manhours dropped by those cutbacks. Sooo....everybody will be working less than full-time hours. It's already happening big time in the restaurant business. Those unemployment numbers will be misleading on a million fronts, but Bammy will take credit for more people working, regardless of the fact that theose new jobs SUCK....
So we'll have millions more "working poor", who most likely qualify for assistance (food stamps at a minimum), adding to the burden and the deficit. Socialism, here we come.
I'd hate to be a young person starting out today.
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