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Unemployment falls to 7.7 percent

Discussion in 'Political Discussion' started by Kid~Brady, Dec 7, 2012.

  1. Kid~Brady

    Kid~Brady Rookie

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    #12 Jersey

  2. DarrylS

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    This is good news, but wait for the "Nattering Nabobs of Negativity" to weigh in.. then it will be "ain't it awful".
  3. Ilikehappyppl

    Ilikehappyppl Rookie

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    Great news!:rocker:
  4. PatsWSB47

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    #12 Jersey

    How many of these new jobs are temporary holiday jobs? They began recruiting heavily for them in November to be ready by black Friday and beyond here in the Berkshires. Indeed, the retail stores are full of temps up here right now. Maybe these aren't counted in the report, I really don't know
  5. IllegalContact

    IllegalContact On the Roster

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    these posts of justification every time a person gets a job are funny.

    we'll see what happens when the libbies drive the bus off the fiscal cliff
  6. DarrylS

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    You made my point...
  7. Kid~Brady

    Kid~Brady Rookie

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    Lol, I just posted it because I saw it while on the site. I just though the employment rate being at a new low was a "good" thing.

    Honestly, I think its both parties that will drive us off the cliff, not just one side. An agreement means that "each" side has to bring something to the table and compromise giving up some demand. Most Americans agree that the top 2 % should pay a little more in taxes, even some of the top 2 %. I see an increase on more top earners agreeing with this notion as well.

    I just don't see how anything that reports MORE jobs can be negative at all.
  8. Hebeill

    Hebeill Rookie

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  9. Triumph

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  10. JackBauer

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    A delightfully context-free blog post. Thanks, Triumph.
  11. PatsFanInVa

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    The official rate's seasonally adjusted every year. It's also a full percentage point than the same point last year, using identical methodology.
  12. PatriotsReign

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  13. PatriotsReign

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    How many people have dropped out of the labor force over the past year PFiVA?

    Is our lowering unemployment rate due to more people working or is due to people dropping out of the labor force (discouraged workers that stopped looking)?

    The ONLY this news can be good is if more people are working.

    Hey everyone, let's lower the labor force so unemployment goes down....:rolleyes:

    This report says the labor force declined by 350,000. So even though our working age population has gotten larger, they cut the labor force.

    Smoke & mirrors.

    Does anyone here even read daily economic reports?
  14. PatsWSB47

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    Thanks Mr.P. Now that I have a few minutes I looked it up. Last year it dropped(NOV) to 8.6 from 9 in Oct.

    This year it went from 7.9 to 7.7. I'm not sure if that means less retail jobs compared to last year or not. Too many variables for me to make any kind of statement out of it other than unemployment figures are lower than they were last year.
  15. Hebeill

    Hebeill Rookie

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    CNSNews.com) - The unemployment rate for civilian government workers plunged from 4.2 percent in October to 3.8 percent in November, according to the Bureau of Labor Statistics, as government added 35,000 to its taxpayer-funded payrolls during the month.As recently as July, the unemployment rate for government workers was as high as 5.7 percent, according to the BLS. Goverment workers took a big hit during the last four years. Back in sept. if you removed the gov. works from the unemployment stats the unemployment rate would have been around 5%.
    Last edited: Dec 7, 2012
  16. PatriotsReign

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    47...to me the kicker in this "positive" report is this little fact directly from the US Bureau of Labor Statistics official report

    Employment Situation Summary

    Guess most here just love smoke & mirrors.
  17. Hebeill

    Hebeill Rookie

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    Its all pretty simple unless you don't want it to be. The bush tax cuts, an unfunded two trillion+ dollar unfunded war and a defense budget that is Twice what it was before 9/11 have put us in the spot we're in today.
    Get rid of the tax cuts for the 2%. The middle class are the job creators when they have money to spend. The wealthy don't spend nearly the same percentage even when the build a new mansion or buy a new yaht and the poor don't have any money to spend.
    Bring down the defense budget from $800 Billion back to %400 billion. What are we getting for that increased spending? Except for the f35 program i can't think of any big ticket item that cost 400 billion. if Afgan. costs $400 billion we need to get out Now.
    Last edited: Dec 7, 2012
  18. IllegalContact

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    it's all those people who have advanced degrees in standing there with their hands out getting jobs to stand there with their hands out
    Last edited: Dec 7, 2012
  19. PatsFanInVa

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    All I keep saying is it's getting better, but not as fast as we want... that's just where we are.

    I mean, seriously, even the people who most want the economic numbers to look worse have to think back to 2009 and admit that we've come a certain distance from then, and we have a ways yet to go.
  20. PatriotsReign

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    Very few people were dropping out of the labor force in 2009 though....

    Just for grins, take a look at the number of people that dropped out of the labor force since 2009 vs. the number of Americans who are actually unemployed and see how much that has changed.

    The number of Americans that are unemployed today (12M) isn't much different than the number that were unemployed in 2009 (13.7M).
    Last edited: Dec 7, 2012

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