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Old 03-24-2013, 05:21 AM   #23
scottw
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probably a reading comprehension issue or not "paying attention"... more irony...too funny

still waiting for the names of the CEO's who said they'd fire people if Obama was re-elected.... there are examples of companies laying off right after the election which include Murray Energy and others who attribute the layoffs to the continuation of administration policies, there is certainly downsizing and layoffs and reduction in hours to compensate for Obamacare implementation...maybe the CEO's are waiting to see the President's Budget, which is nearly 2 month late...again...

let's see, NCAA Brackets..............check
Golf with Tiger Woods....check
Schedule Beyonce for wife's birthday.....check

budget......"ain't nobody got time for that"


a couple of good articles regarding the jobs data and reality...

A Gallup survey released the day before the Labor Department’s report noted:
Although fewer people are unemployed now than a year ago, they are not migrating to full-time jobs for an employer. In fact, fewer Americans are working full-time for an employer than were doing so a year ago, and more Americans are working part time.....An editorial in the New York Times successfully saw past the rosy surface numbers reported on Friday as well. It looked around at where job growth might come from. Housing? Some growth there, from a percentage basis. But when one is at the bottom, everything looks up from there. Car sales? Not so much. Rising wages? Not much help there either.

The Times also noted that the labor force is shrinking, so that whatever numbers the BLS reports aren't real:

Most of the decline [in unemployment] reflects a shrinking labor force rather than new hiring. In fact, if hiring were more robust, the unemployment rate would hold steady or even rise as the estimated four million Americans who are not working or looking for work rejoined the ranks of job seekers, where they would be counted in the official unemployment rate.

Furthermore, those who have been out of work for six months or more actually increased last month. If the economy were healthy, surely that number would be declining.



http://www.thenewamerican.com/econom...rs-aren-t-real


Mar 21, 2013, 3:02pm EDT

The truth about today's jobs numbers: Massachusetts is treading water

http://www.bizjournals.com/boston/bl...ent-truth.html

Last edited by scottw; 03-24-2013 at 05:45 AM..
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