The government said Friday that employment growth was much better than expected in November, with the United States economy adding 146,000 jobs and the unemployment rate falling to 7.7 percent.
http://www.nytimes.com/2012/12/08/b...w-jobs-as-unemployment-rate-falls-to-7-7.html
it's slowly crawling back. let's hope that the both sides don't screw it up by letting us go over the cliff, or by enacting the changes too quickly.
Is that taking into account seasonal jobs?
Still didn't even make the 200k jobs that is needed.....huh?
What I just heard on the radio was that it was larger than what they expected even with seasonal jobs. They also say all the unemployment numbers we've had recently reflect a sizable number no longer looking for work. So, while the unemployment rate is encouraging, we do have a large number no longer counted.
How many dropped out of looking for work, effecting the unemployment numbers.
Not after the last four years, no.Was anyone realistically expecting that?
What I just heard on the radio was that it was larger than what they expected even with seasonal jobs. They also say all the unemployment numbers we've had recently reflect a sizable number no longer looking for work. So, while the unemployment rate is encouraging, we do have a large number no longer counted.
it's slowly crawling back. let's hope that the both sides don't screw it up by letting us go over the cliff, or by enacting the changes too quickly.
Should be "U.S. Adds 146,000 Jobs - 122,000 fewer than the required 268,000 to break even"
The economy needs far fewer than 268k per month to break even. Where'd you get that number?
And the participation rate down once again and it appears from what I have heard on the business channel that those are actually more young people than older Americans...in fact older Americans are actually rejoining the work force instead of leaving it. Unemployment among the younger crowd is 20 some %...yet these are the ones who voted in high numbers for Obama.
Meanwhile Government unemployment is a paltry 3.8% and 73% of new jobs created in the last 5 months are in government. That is not really good news or a growing economy.
73% of New Jobs Created in Last 5 Months Are in Government | CNS News
200k so it's still under.....marking how many months of not hitting the mark?
Participation rate was down slightly last month and up slightly the previous month. No change, net, over the last two months.
BLS statistics.The economy needs far fewer than 268k per month to break even. Where'd you get that number?
This report looks bad. I hope Sandy is the cause for it, and that we pick up.
Employed
Oct 12 - 143,384
Nov 12 - 143,262
Our employed numbers went down 122,000 workers, but unemployment went down to 7.7%.
People are leaving the work force, lowering our participation. That doesn't seem like a good indicator to me.
Employment Situation Summary Table A. Household data, seasonally adjusted
Am I looking to far into the numbers?
link please. But you ignore the rest of my post???
If the government covered only the labor force, you might have a point. Hell, let's take everyone out of the labor force, that way we'll have historic 0.0% unemployment - surefire way to a booming economy!!Participation rate was down slightly last month and up slightly the previous month. No change, net, over the last two months.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?