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BDKJMU wrote: If the workforce participation rate were the same as it was when Obama took office, the January unemployment rate would be 10.44 percent.

bluehenbillk wrote:

BDKJMU wrote: If the workforce participation rate were the same as it was when Obama took office, the January unemployment rate would be 10.44 percent.

Can it be confirmed that those people truly dropped out of the eligible workforce or something else occurred like they died while waiting for affordable and/or accessible health care?

CitadelGrad wrote:

bluehenbillk wrote:
Can it be confirmed that those people truly dropped out of the eligible workforce or something else occurred like they died while waiting for affordable and/or accessible health care?

Pathetic. Truly pathetic.

Just how stupid are you? Do you realize that if the rise in the number of those not in the work force increased because of death, the mortality rate would be at biblical proportions? We are talking about 10s of millions. Do you ever think before you speak?

If the size of the Nov. 2012 labor force was the same the Jan. 2009 labor force, the U-3 unemployment rate would be 10.9% in November. It would obviously be higher in December. You don't even want to think about the U-6 numbers.

CitadelGrad wrote:How can you speak in a sarcastic tone when you have Obama's cock in your mouth?

psychoCAT wrote:I don't know about the rest of the country, but anybody in SC still sitting on their ass is stupid considering the amount of jobs being added in our state. Just in the last week, Michelin Corp has announced the building of another plant, this one in Starr, SC.

Another group in Greenville, SC is starting a new project where job seekers will spend a week in a classroom learning skills related to the job, then another week ON THE JOB putting them to use. It will alternate like this until such time as the employer, again I forget, puts the employees to work full time.

People are investing in South Carolina and it's a beautiful thing. Thanks Governor Haley!

CAA Flagship wrote:

psychoCAT wrote:I don't know about the rest of the country, but anybody in SC still sitting on their ass is stupid considering the amount of jobs being added in our state. Just in the last week, Michelin Corp has announced the building of another plant, this one in Starr, SC.

Another group in Greenville, SC is starting a new project where job seekers will spend a week in a classroom learning skills related to the job, then another week ON THE JOB putting them to use. It will alternate like this until such time as the employer, again I forget, puts the employees to work full time.

People are investing in South Carolina and it's a beautiful thing. Thanks Governor Haley!

Why work when you can get yet another long extension of unemployment benefits?

CitadelGrad wrote:

CAA Flagship wrote: Why work when you can get yet another long extension of unemployment benefits?

Why set up production facilities in a union-controlled cesspool like Illinois or New York when you can do it in right-to-work states like South Carolina.

bluehenbillk wrote:

BDKJMU wrote: If the workforce participation rate were the same as it was when Obama took office, the January unemployment rate would be 10.44 percent.

Can it be confirmed that those people truly dropped out of the eligible workforce or something else occurred like they died while waiting for affordable and/or accessible health care?

bluehenbillk wrote:

CitadelGrad wrote:
Pathetic. Truly pathetic.

Just how stupid are you? Do you realize that if the rise in the number of those not in the work force increased because of death, the mortality rate would be at biblical proportions? We are talking about 10s of millions. Do you ever think before you speak?

If the size of the Nov. 2012 labor force was the same the Jan. 2009 labor force, the U-3 unemployment rate would be 10.9% in November. It would obviously be higher in December. You don't even want to think about the U-6 numbers.

What is pathetic is the fact you can't identify sarcasm when it slaps you in the face. Pay closer attention next time....

Lighten up Francis.

CitadelGrad wrote:

CAA Flagship wrote: Why work when you can get yet another long extension of unemployment benefits?

Why set up production facilities in a union-controlled cesspool like Illinois or New York when you can do it in right-to-work states like South Carolina.

Employers added 157,000 jobs in January, the Labor Department said, which was right in line with analyst expectations. The brightest news, though, was that revised estimates showed much higher job creation at the end of last year than first reported. The nation added a whopping 247,000 jobs in November and 196,000 in December, a combined 127,000 jobs above earlier estimates.

Two separate reports also pointed to a growing U.S. economy in January. The Institute for Supply Management said its index of manufacturing activity spiked to 53.1, from 50.7. Numbers above 50 signal expansion, and the January reading was the highest since April. And the University of Michigan’s consumer sentiment survey showed a rise to 73.8 from 71.3, signaling greater confidence about the economy among the American public.

The news was enough to drive the stock market up; the Dow Jones industrial average briefly surpassed 14,000 for the first time since October 2007 just after 10 a.m. and again at about an hour later. At 11 a.m., the Dow was 14002.87, up 142 points, or 1.03 percent for the day.

The drivers of job growth in January were surprisingly consistent with the recent past. The construction sector added 28,000 jobs, following a 30,000 gain in December, suggesting that as more homes are going up, employers are expanding their construction crews. The retail sector added 33,000 jobs and apparently did pull back on hiring in anticipation of the increase in the payroll tax at the beginning of the year, siphoning money from consumers’ pockets. Two sectors that have been job creation stalwarts over the past three years–professional and business services and health care and education–kept up that steady performance, each adding 25,000 jobs.

Job creation is steady and strong enough to bring the unemployment rate down over time — just not very quickly. The January unemployment report was, more than anything, affirmation of that fact.

The U.S. economy added 157,000 jobs in January, according to the Labor Department. This was slightly below the median estimate of 160,000 economists polled by Thomson Reuters.

But the big surprise was the upward revisions to November and December payroll numbers. November’s jobs numbers were revised upward by 86,000 to 247,000 and December by 41,000 to 196,000.

“The numbers were up by a pretty extraordinary amount,” said Stifel Nicolaus portfolio manager Chad Morganlander. The revisions made to November and December payroll numbers are close to the 200,000-a-month growth rate needed for a healthy recovery, he said.

“The jobs market seems to be moving in the right direction,” Morganlander said.

BDKJMU wrote:Its funny to listen to donks earlier this week try to spin a contracting economy as positive news, and today try to spin the unemployment rate going up as positive news.

Skjellyfetti wrote:So. Y'all want government to cut spending significantly.

But, y'all complain when public sector jobs have been going downhill for months now... but, private sector jobs have been growing for months.

Can't have it both ways.

Employers added 157,000 jobs in January, the Labor Department said, which was right in line with analyst expectations. The brightest news, though, was that revised estimates showed much higher job creation at the end of last year than first reported. The nation added a whopping 247,000 jobs in November and 196,000 in December, a combined 127,000 jobs above earlier estimates.

Two separate reports also pointed to a growing U.S. economy in January. The Institute for Supply Management said its index of manufacturing activity spiked to 53.1, from 50.7. Numbers above 50 signal expansion, and the January reading was the highest since April. And the University of Michigan’s consumer sentiment survey showed a rise to 73.8 from 71.3, signaling greater confidence about the economy among the American public.

The news was enough to drive the stock market up; the Dow Jones industrial average briefly surpassed 14,000 for the first time since October 2007 just after 10 a.m. and again at about an hour later. At 11 a.m., the Dow was 14002.87, up 142 points, or 1.03 percent for the day.

The drivers of job growth in January were surprisingly consistent with the recent past. The construction sector added 28,000 jobs, following a 30,000 gain in December, suggesting that as more homes are going up, employers are expanding their construction crews. The retail sector added 33,000 jobs and apparently did pull back on hiring in anticipation of the increase in the payroll tax at the beginning of the year, siphoning money from consumers’ pockets. Two sectors that have been job creation stalwarts over the past three years–professional and business services and health care and education–kept up that steady performance, each adding 25,000 jobs.

Job creation is steady and strong enough to bring the unemployment rate down over time — just not very quickly. The January unemployment report was, more than anything, affirmation of that fact.

http://www.washingtonpost.com/blogs/won ... e-thought/" onclick="window.open(this.href);return false;

The U.S. economy added 157,000 jobs in January, according to the Labor Department. This was slightly below the median estimate of 160,000 economists polled by Thomson Reuters.

But the big surprise was the upward revisions to November and December payroll numbers. November’s jobs numbers were revised upward by 86,000 to 247,000 and December by 41,000 to 196,000.

“The numbers were up by a pretty extraordinary amount,” said Stifel Nicolaus portfolio manager Chad Morganlander. The revisions made to November and December payroll numbers are close to the 200,000-a-month growth rate needed for a healthy recovery, he said.

“The jobs market seems to be moving in the right direction,” Morganlander said.

http://www.foxbusiness.com/economy/2013 ... bs-report/" onclick="window.open(this.href);return false;

Skjellyfetti wrote:So. Y'all want government to cut spending significantly.

But, y'all complain when public sector jobs have been going downhill for months now... but, private sector jobs have been growing for months.

Can't have it both ways.

Col Hogan wrote:

Skjellyfetti wrote:So. Y'all want government to cut spending significantly.

But, y'all complain when public sector jobs have been going downhill for months now... but, private sector jobs have been growing for months.

Can't have it both ways.

I don't want it both ways...it's the Donks who want it both ways....

As a federal employee facing the cuts (hell, I'm helping shape the cuts) I say slash the federal government and spike up the unemployment numbers...and push down the federal budget...

I believe once the people see we can live with a smaller federal budget and government, they might just smarten up and start voting out the liberals....







Hey, a guy can dream, can't he???

D1B wrote:

Col Hogan wrote:
I don't want it both ways...it's the Donks who want it both ways....

As a federal employee facing the cuts (hell, I'm helping shape the cuts) I say slash the federal government and spike up the unemployment numbers...and push down the federal budget...

I believe once the people see we can live with a smaller federal budget and government, they might just smarten up and start voting out the liberals....







Hey, a guy can dream, can't he???

You willing to cut yourself, Mr. Bigshot H. Shaper?