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Thread: Be ready.

  1. #1
    Inactive Member TheBeast's Avatar
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    Be ready.

    For junior to jump on here in the next week or two with a "see I told ya, the stimulus was working" thread with great job numbers and unemployment drop report from May.

    Just to let you know these great numbers are gonna come from useless part time/temporary census taker jobs.

    The Hill

    The Hill
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    Inactive Member R13's Avatar
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    Re: Be ready.

    Do you ever read anything besides these kinds of sites? You constantly post them, you and bob are the worlds worse for it, yet you continue. Jobs have been increasing and increasing before the census, the right wing pundits had similar excuses, what would be the excuse for first time jobless claims going down?

  3. #3
    Inactive Member cosmo99's Avatar
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    Re: Be ready.

    Economic News Release
    FONT SIZE:Minus Font SizePlus Font Size PRINT: Print
    CPS CPS Program Links
    Labor Force Statistics from the Current Population Survey

    * CPS Homepage
    * CPS Overview
    * CPS FAQ
    * Contact CPS

    CES CES Program Links
    Current Employment Statistics - CES (National)

    * CES Homepage
    * CES Overview
    * CES FAQs
    * Contact CES

    Employment Situation Summary

    Transmission of material in this release is embargoed USDL-10-0748
    until 8:30 a.m. (EDT) Friday, June 4, 2010

    Technical information:
    Household data: (202) 691-6378 * [email protected] * Current Population Survey (CPS)
    Establishment data: (202) 691-6555 * [email protected] * Employment, Hours, and Earnings from the Current Employment Statistics survey (National) Home Page

    Media contact: (202) 691-5902 * [email protected]


    THE EMPLOYMENT SITUATION -- MAY 2010


    Total nonfarm payroll employment grew by 431,000 in May, reflecting
    the hiring of 411,000 temporary employees to work on Census 2010, the
    U.S. Bureau of Labor Statistics reported today. Private-sector em-
    ployment changed little (+41,000). Manufacturing, temporary help ser-
    vices, and mining added jobs, while construction employment declined.
    The unemployment rate edged down to 9.7 percent.

    Household Survey Data

    The number of unemployed persons was 15.0 million in May. The unem-
    ployment rate edged down to 9.7 percent, the same rate as in the
    first 3 months of 2010. (See table A-1.)

    Among the major worker groups, the unemployment rate for blacks (15.5
    percent) declined in May, while the rates for adult men (9.8 percent),
    adult women (8.1 percent), teenagers (26.4 percent), whites (8.8 per-
    cent), and Hispanics (12.4 percent) showed little change. The jobless
    rate for Asians was 7.5 percent, not seasonally adjusted. (See tables
    A-1, A-2, and A-3.)

    In May, the number of long-term unemployed (those jobless for 27 weeks
    and over) was about unchanged at 6.8 million. These individuals made
    up 46.0 percent of unemployed persons, about the same as in April.
    (See table A-12.)

    The number of unemployed reentrants to the labor force fell by 286,000
    in May, offsetting an increase in April. (See table A-11.)

    In May, the civilian labor force participation rate edged down by 0.2
    percentage point to 65.0 percent. The employment-population ratio was
    about unchanged over the month at 58.7 percent. (See table A-1.)

    The number of persons employed part time for economic reasons (some-
    times referred to as involuntary part-time workers) declined by
    343,000 in May to 8.8 million. These individuals were working part
    time because their hours had been cut back or because they were un-
    able to find a full-time job. (See table A-8.)

    About 2.2 million persons were marginally attached to the labor force
    in May, unchanged from a year earlier. (The data are not seasonally
    adjusted.) These individuals were not in the labor force, wanted and
    were available for work, and had looked for a job sometime in the
    prior 12 months. They were not counted as unemployed because they had
    not searched for work in the 4 weeks preceding the survey. (See table
    A-16.)

    Among the marginally attached, there were 1.1 million discouraged
    workers in May, up by 291,000 from a year earlier. (The data are not
    seasonally adjusted.) Discouraged workers are persons not currently
    looking for work because they believe no jobs are available for them.
    The remaining 1.1 million persons marginally attached to the labor
    force had not searched for work in the 4 weeks preceding the survey
    for reasons such as school attendance or family responsibilities.
    (See table A-16.)

    Establishment Survey Data

    Nonfarm payroll employment increased by 431,000 in May, reflecting
    the addition of 411,000 temporary workers for Census 2010. Total pri-
    vate employment showed little change over the month (+41,000), fol-
    lowing increases in March and April. In May, manufacturing, tempo-
    rary help services, and mining added jobs, while employment in con-
    struction declined. (See table B-1.)

    Manufacturing employment increased by 29,000 over the month. Factory
    employment has risen by 126,000 over the past 5 months. Within manu-
    facturing, both fabricated metals and machinery added jobs in May.

    Temporary help services added 31,000 jobs over the month; employment
    in the industry has risen by 362,000 since September 2009.

    Employment in mining continued to increase in May, with a gain of
    10,000. Support activities for mining accounted for 8,000 of the over-
    the-month increase. Since October 2009, mining employment has expanded
    by 50,000.

    Health care employment was little changed in May (+8,000). Over the
    prior 12 months, health care employment had increased by an average
    of 20,000 per month.

    In May, employment in construction declined by 35,000, largely off-
    setting gains in the industry in the prior 2 months. May's job loss
    was spread throughout the sector.

    Employment in other private-sector industries, including wholesale
    trade, retail trade, transportation and warehousing, information,
    financial activities, and leisure and hospitality showed little or
    no change in May.

    Government employment rose by 390,000 in May. The Federal government
    hired 411,000 temporary workers for Census 2010, bringing total tem-
    porary census staffing during the payroll survey reference period to
    564,000. Employment in state government excluding education decreased
    by 13,000.

    In May, the average workweek for all employees on private nonfarm pay-
    rolls increased by 0.1 hour to 34.2 hours. The manufacturing workweek
    for all employees increased by 0.3 hour to 40.5 hours. The average
    workweek for production and nonsupervisory employees on private non-
    farm payrolls increased by 0.1 hour to 33.5 hours over the month. (See
    tables B-2 and B-7.)

    Average hourly earnings of all employees in the private nonfarm sector
    increased by 7 cents, or 0.3 percent, to $22.57 in May. Over the past
    12 months, average hourly earnings have increased by 1.9 percent. In
    May, average hourly earnings of private-sector production and nonsuper-
    visory employees increased by 4 cents, or 0.2 percent, to $18.99. (See
    tables B-3 and B-8.)

    The change in total nonfarm payroll employment for March was revised
    from +230,000 to +208,000, while the change for April remained at
    +290,000.

    _____________
    The Employment Situation for June is scheduled to be released on
    Friday, July 2, 2010, at 8:30 a.m. (EDT).




    * Employment Situation Summary Table A. Household data, seasonally adjusted
    * Employment Situation Summary Table B. Establishment data, seasonally adjusted
    * Employment Situation Frequently Asked Questions
    * Employment Situation Technical Note
    * Table A-1. Employment status of the civilian population by sex and age
    * Table A-2. Employment status of the civilian population by race, sex, and age
    * Table A-3. Employment status of the Hispanic or Latino population by sex and age
    * Table A-4. Employment status of the civilian population 25 years and over by educational attainment
    * Table A-5. Employment status of the civilian population 18 years and over by veteran status, period of service, and sex, not seasonally adjusted
    * Table A-6. Employment status of the civilian population by sex, age, and disability status, not seasonally adjusted
    * Table A-7. Employment status of the civilian population by nativity and sex, not seasonally adjusted
    * Table A-8. Employed persons by class of worker and part-time status
    * Table A-9. Selected employment indicators
    * Table A-10. Selected unemployment indicators, seasonally adjusted
    * Table A-11. Unemployed persons by reason for unemployment
    * Table A-12. Unemployed persons by duration of unemployment
    * Table A-13. Employed and unemployed persons by occupation, not seasonally adjusted
    * Table A-14. Unemployed persons by industry and class of worker, not seasonally adjusted
    * Table A-15. Alternative measures of labor underutilization
    * Table A-16. Persons not in the labor force and multiple jobholders by sex, not seasonally adjusted
    * Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail
    * Table B-2. Average weekly hours and overtime of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
    * Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
    * Table B-4. Indexes of aggregate weekly hours and payrolls for all employees on private nonfarm payrolls by industry sector, seasonally adjusted
    * Table B-5. Employment of women on nonfarm payrolls by industry sector, seasonally adjusted
    * Table B-6. Employment of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
    * Table B-7. Average weekly hours and overtime of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
    * Table B-8. Average hourly and weekly earnings of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
    * Table B-9. Indexes of aggregate weekly hours and payrolls for production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)

    * Access to historical data for the "A" tables of the Employment Situation Release
    * Access to historical data for the "B" tables of the Employment Situation Release
    * HTML version of the entire news release

    The PDF version of the news release
    Table of Contents
    Last Modified Date: June 04, 2010


    Employment Situation Summary

  4. #4
    Inactive Member TheBeast's Avatar
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    Re: Be ready.

    Quote Originally Posted by R13 View Post
    Do you ever read anything besides these kinds of sites? You constantly post them, you and bob are the worlds worse for it, yet you continue. Jobs have been increasing and increasing before the census, the right wing pundits had similar excuses, what would be the excuse for first time jobless claims going down?
    You do realize that The Hill is a newspaper in DC that's been around since 1994 and not just some "kind of site"?

    Remember this one, "If we don't pass this stimulus then unemployment will go over 8%!"

    How do you explain 10+% unemployment only down to 9.7% and not been any lower with jobs increasing and increasing?

    And your boy Biden has already started pumping it and showing the phony census worker numbers as his proof.
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    Inactive Member sup-rbeast's Avatar
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    Re: Be ready.

    Better than the alternative.... McBush=McFucked...
    ...And if you ain't down with that, I got 2 words for ya....

  6. #6
    Inactive Member simple man's Avatar
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    Re: Be ready.

    I saw some stats that said there never were enough jobs created in any year in the last decade to keep up with the number of extra people (more entering than retiring) entering the job market.
    That one comment sorta reminds me of " What do you mean, gass is going to 4 dollars a gallon."
    We'll keep the lights on for you.
    Spuds

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    Inactive Member simple man's Avatar
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    Re: Be ready.

    DETROIT - About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve. The decision reflects a shift in strategy from GM's previous regime and could save thousands of jobs.
    GM wants to avoid the expense and time of the closures. Reuss and other new leaders at the company also feel shedding dealers isn't critical for GM to achieve profitability.
    GM won't estimate how many jobs the decision will save, but an auto industry trade group says about 50 people work at an average new-car dealership.

    GM exec says it will keep 900 more dealerships - Autos- msnbc.com
    We'll keep the lights on for you.
    Spuds

  8. #8
    Inactive Member R13's Avatar
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    Re: Be ready.

    Quote Originally Posted by TheBeast View Post
    You do realize that The Hill is a newspaper in DC that's been around since 1994 and not just some "kind of site"?

    Remember this one, "If we don't pass this stimulus then unemployment will go over 8%!"

    How do you explain 10+% unemployment only down to 9.7% and not been any lower with jobs increasing and increasing?

    And your boy Biden has already started pumping it and showing the phony census worker numbers as his proof.
    You do know Mark Levin right wing radio show host and former Reagan boy? And that was your link, marklevinshow.com.

    You do realize how much unemployment was stifled don't you? It was on pace to be around 14, stifled at 10 and is slowly coming down. Jobs are being created and continuing to be created, your denial has nothing to do with it. Jobs lag behind after a recession, why would this one(which is one of the worst) be any different?

    What the hell is a phony job? People are employed, they are temp. jobs, that's what spurs an economy...yet these somehow don't count? Some more great logic from you.

    ____________________________________________
    One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.

    More people quit their jobs in the past three months than were laid off -- a sharp reversal after 15 straight months in which layoffs exceeded voluntary departures. The trend suggests the job market is finally thawing.

    Some of the quitters are leaving for new jobs. Others have no firm offers. But their newfound confidence about landing work is itself evidence of more hiring and a strengthening economy.

    "There is a century's worth of evidence that bears out this view that quits rise and layoffs fall as the job market improves," said Steven Davis, an economist at the University of Chicago.

    Still, the number of people quitting their jobs is nowhere near what it was before the recession. Economists expect the improvement in the job market to be fitful, rather than consistent. In May, for example, private employers added only 41,000 net jobs after adding 218,000 in April.

    Yet the long-term trend points to an improving job market. The economy has created a net 982,000 jobs this year after a recession that wiped out more than 8 million of them.

    The government said Tuesday that the number of people quitting rose in April to nearly 2 million. That was the most in more than a year and an increase of nearly 12 percent since January. That compares with 1.75 million people who were laid off in April, the fewest since January 2007, before the recession began.

    During the depths of the recession, workers were hesitant to quit -- and not only because jobs were scarce. Even if they found a new job, some feared that accepting it would leave them vulnerable to a layoff. At many companies, layoffs follow a simple formula: Last hired, first fired.

    Many clung to their jobs out of fear, said David Adams, vice president of training at Adecco, a national staffing agency. When Adecco tried to recruit workers to fill open positions, it frequently ran into the same obstacle: Few workers felt like betting on a new job that might soon disappear.

    Not so much any more. Adecco is seeing more employed workers seeking interviews, rather than laid off workers searching for a lifeline.

    "The hangover is kind of over," Adams said. "It's really starting to move toward a market where the employee can have a lot more confidence making a move."

    That's why Katie Charland just quit her job at a parenting magazine in Phoenix to take a position with a nonprofit that supplies children's educational programs.

    Charland, 27, says the position is a dream job. Still, it carries a cost: She's abandoning seniority at her old job. But she thinks the economy is expanding enough that her company will be able to attract state and corporate funding.

    "I don't see leaving my current job to pursue this as a risk," Charland says. "I do feel like the economy is getting better, and there's more opportunity out there."

    Such optimism was rare in 2008 and 2009, when employers cut more than 8 million jobs, sending the unemployment rate to a 26-year high of 10.1 percent. The number of people who quit fell 40 percent to 1.72 million in September 2009. That was the fewest since the government began tracking the data in 2000. It was down from nearly 2.9 million in December 2007, when the recession began.

    Studies have shown that worker morale fell during the recession. Productivity rose as companies squeezed more work out of their employees. That points to a reason quits may keep rising: Overworked employees could jump at the chance to switch jobs as new opportunities arise.

    "There is going to be a mass exodus of the top performers as the economy starts to turn around," predicts Razor Suleman, a consultant who helps companies retain their best workers.

    About 25 percent of companies' top performers said they plan to leave their current job within a year, according to a survey published in the May edition of the Harvard Business Review. By contrast, in 2006, just 10 percent planned to leave their jobs within a year. The survey questioned 20,000 workers who were identified by their employers as "high potential."

    Companies retained those workers during the recession but heaped more work on them, said Jean Martin, the study's co-author and executive director of the Corporate Executive Board's Corporate Leadership Council in Washington. At the same time, employers cut back on awards and bonuses, she said.

    Now, top performers at some companies are heading for the exits as hiring picks up. It means companies will feel more pressure to retain them.

    "These rising stars know what they're worth," Martin said. "They feel somewhat neglected."

    Phil Edelstein can attest to that. He spent two years on his first job at an advertising agency gaining more responsibility but no pay raises.

    Edelstein, 25, worked for an agency in Philadelphia that was stretching its budget as clients cut back their spending. After researching clients' brand names and marketing strategies, he moved on to directing study projects.

    Bosses kept promising a pay raise commensurate with his workload. It never came.

    "There's this intense frustration that comes with that, because you basically feel like you have no control over how much money you're making and how much work you do," he said.

    Edelstein hung tight through 2009 as the economy shed jobs. But this year he began sending out resumes to other ad agencies. Then a prospective client called. The CEO of a Colorado-based tea maker needed a marketing director. Edelstein didn't need long to say yes.

    "It felt good, because I was initiating the change," he said.

    More people are now taking a leap that few dared just a few months ago: Quitting without a new job waiting. The improving economy has given them confidence.

    Robert Dixon is among them. He was consulting with companies doing business in China, helping them establish supply chains with factories there. But he tired of spending weeks at a time away from his wife in Massachusetts. So in May he quit -- without a backup plan.

    "Somebody the other day said to me I was the first person they'd met who quit a good-paying job without another one to go to," Dixon said. "I know there are other companies out there. I just need to find them."

    More employees jump ship as economy improves - Yahoo! Finance

  9. #9
    Inactive Member TheBeast's Avatar
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    Re: Be ready.

    It was linked through Levin's site:

    The Hill, a subsidiary of News Communications, Inc., is a newspaper published in Washington, D.C. since 1994.[1][2][3]

    Its first editor was Martin Tolchin, a veteran correspondent in the Washington bureau of The New York Times.[3]

    It is written for and about the U.S. Congress, with a special focus on business and lobbying, political campaigns. and other events on Capitol Hill. The newspaper features investigative reporting, profiles of lawmakers and aides, features describing the sociology and politics of the Hill, book and restaurant reviews, and a weekly column about the Capitol Hill neighborhoods.[2]

    Since 2003, The Hill's editor in chief has been Hugo Gurdon,[2] previously a reporter and editor at The Daily Telegraph (London) and the National Post (Toronto). Gurdon turned The Hill from a weekly paper into a daily during congressional sessions.

    The newspaper has the largest circulation of any Capitol Hill publication, above 21,000.[2] It has a free website and seven blogs: The Hill's Congress Blog, The Hill's Pundits Blog, The Hill's Briefing Room, The Hill's Twitter Room, Hillicon Valley, On The Money, and E2Wire. Hillicon Valley is a policy blog about technology, E2Wire focuses on energy and environment, and On the Money is about finance.



    Unemployment stifled???

    In January, the incoming administration predicted in a white paper study that without a huge stimulus package, unemployment would reach just over 8%, and would be contained at under 8% with a stimulus package. Government jobs being created does nothing to help the economy. They spend money but don't produce anything to sell or market to generate their own revenue, without being given a budget to spend with tax money their nothing. How the hell does that stimulate anything???


    Well phony job numbers is what I should have said created by meaningless jobs, over 400,000 as I showed. Most of these census workers are hired in the morning fired in the evening then rehired and fired everyday and each time it is showed as a new job hire. Temporary government jobs do not spur an economy they take money out of a struggling economy. Spend money to make money only works in the private sector not from the government. Government money is generated from taxes if they take that money and pay someone that is a loss. Then they take the taxes they collect from paying these workers and say look we're generating new tax revenue. So they spent $1000 paying Joe and collected $400 back in taxes and in their bizzaro world that is generating revenue by operating at a 60% loss.

    You know why the unemployment rate is slowly decreasing? Because a lot of the unemployed have given up looking for work and thus are taken out of the equation and not figure in which as a result causes a decrease.
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    Inactive Member R13's Avatar
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    Re: Be ready.

    Quote Originally Posted by TheBeast View Post
    It was linked through Levin's site:



    Unemployment stifled???

    In January, the incoming administration predicted in a white paper study that without a huge stimulus package, unemployment would reach just over 8%, and would be contained at under 8% with a stimulus package. Government jobs being created does nothing to help the economy. They spend money but don't produce anything to sell or market to generate their own revenue, without being given a budget to spend with tax money their nothing. How the hell does that stimulate anything???


    Well phony job numbers is what I should have said created by meaningless jobs, over 400,000 as I showed. Most of these census workers are hired in the morning fired in the evening then rehired and fired everyday and each time it is showed as a new job hire. Temporary government jobs do not spur an economy they take money out of a struggling economy. Spend money to make money only works in the private sector not from the government. Government money is generated from taxes if they take that money and pay someone that is a loss. Then they take the taxes they collect from paying these workers and say look we're generating new tax revenue. So they spent $1000 paying Joe and collected $400 back in taxes and in their bizzaro world that is generating revenue by operating at a 60% loss.

    You know why the unemployment rate is slowly decreasing? Because a lot of the unemployed have given up looking for work and thus are taken out of the equation and not figure in which as a result causes a decrease.
    Then why not post the direct link? I know what The Hill is, I know who Mark Levin is too. He's not going to post anything on his site if it doesn't fit with his right wing view, post the direct link and there wouldn't be a problem.


    Yes stifled, it leveled off at 10, the pace it was on would have been much, much worse. The stimulus has created millions of jobs and lowered taxes to the lowest it's been in decades, that's spurred the economy. The temp jobs put people to work until the market recovers and hiring increases, that's been true since ww2. People are working right now, part of it's due to census workers, we lucked up and had a census during this bad economic times...a logical person would be thankful, you complain and call them phony jobs.

    Yeah I know why, because the economy is getting better. Your little theory would work if it weren't for things like first-time jobless claims going down.

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