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  #1  
Old 03-07-2012, 05:04 PM
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Riot Riot is offline
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Default Jobless report continues to improve - GOP heads explode

God's Own Party, in the face of improving jobless numbers during a Democratic administration, double down on calling women sluts, screaming falsely about losses of religious freedomz, and blaming people with no control of the subject about gasoline prices.

Meanwhile, the rest of the United States is trying to move forward in the 21st century.

Quote:
Private-sector jobs report better than forecast, hinting at 220,000 government report Friday

Automatic Data Processing, Inc. reported this morning that the economy generated 216,000 private-sector jobs in February, well up from the revised 173,000 the firm reported for January, and above consensus expectations of 208,000. The monthly report by the government's Bureau of Labor Statistics, which surveys changes in both private- and public-sector jobs, will be released Friday.

ADP processes over 500,000 payrolls for some 430,000 separate businesses, covering more than 23 million employees nationwide. It is from those data that the jobs report is gleaned by Macroeconomic Advisers, LLC.

Every month, two days before the BLS releases its report, ADP releases its own. While the up or down trend of both reports usually meshes, analysts frequently point to the disparity in the actual count between the two. Indeed, over the past six years, that disparity has averaged 122,000 jobs for December, and it averages 75,000 across all months. So, the analysts say, ADP's report must be taken with a grain of salt. However, the ADP and BLS reports for Februarys since 2006 have exhibited the least disparity, averaging a difference of just 25,000 jobs between the two.

If that average holds, then Wednesday's ADP report is a good omen for Friday's BLS report.

More detail, plus charts, graphs, at:

http://www.dailykos.com/story/2012/0...day?via=blog_1
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  #2  
Old 03-07-2012, 08:39 PM
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dellinger63 dellinger63 is offline
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10 million per job. Way to go!
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  #3  
Old 03-08-2012, 08:28 AM
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http://www.challengergray.com/press/...x?PressUid=216

http://www.dol.gov/opa/media/press/eta/ui/current.htm

http://www.usnews.com/opinion/articl...mployment-rate

http://www.stltoday.com/news/nationa...c25872f3f.html

I think it's common knowledge that you're incredibly naive.

Good luck with your stupidity.
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  #4  
Old 03-08-2012, 08:40 AM
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geeker2 geeker2 is offline
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Dailykosuck knows all !
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  #5  
Old 03-08-2012, 09:52 AM
Antitrust32 Antitrust32 is offline
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From Coach's link and oh so true. Funny and sad.

http://www.usnews.com/opinion/articl...mployment-rate


COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It's about 8 percent.

COSTELLO: That many people are out of work?

ABBOTT: No, that's 16 percent.

COSTELLO: You just said 8 percent.

ABBOTT: 8 percent unemployed.

[Check out the U.S. News Economic Intelligence blog.]

COSTELLO: Right 8 percent out of work.

ABBOTT: No, that's 16 percent.

COSTELLO: Okay, so it's 16 percent unemployed.

ABBOTT: No, that's around 8 percent...

COSTELLO: Waits a minute. Is it 8 percent or 16 percent?

ABBOTT: 8 percent are unemployed. 16 percent are out of work.

COSTELLO: If you are out of work aren't you unemployed?

ABBOTT: No, you can't count the "Out of Work" as unemployed. You have to look for work to be unemployed.

[See a slide show of Mort Zuckerman's 5 Ways to Create More Jobs.]

COSTELLO: But they are out of work!!!

ABBOTT: No, you miss my point.

COSTELLO: What point?

ABBOTT: Someone who doesn't look for work, can't be counted with those who look for work. It wouldn't be fair.

COSTELLO: To who?

ABBOTT: The unemployed.

COSTELLO: But they are all out of work.

ABBOTT:No, the unemployed are actively looking for work ... Those who are out of work stopped looking. They gave up. And, if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you're off the unemployment roles, that would count as less unemployment?

[See the 10 best cities to find a job.]

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment just goes down because you don't look for work?

ABBOTT:

Absolutely it goes down. That's how you get to 8 percent. Otherwise it would be 16 percent. You don't want to read about 16 percent unemployment do ya?

COSTELLO: That would be frightening.

ABBOTT: Absolutely.

COSTELLO: Wait, I got a question for you. That means ther're two ways to bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

[See the 10 worst cities to find a job.]

ABBOTT:Correct.

COSTELLO:And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to just stop looking for work.

ABBOTT: Now you're thinking like an economist.

COSTELLO: I don't even know what the hell I just said!
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Can I start just making stuff up out of thin air, too?
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  #6  
Old 03-08-2012, 09:58 AM
Danzig Danzig is offline
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yeah, when i saw the one title abbott and costello i had to check it out.

funny, but so sad because it's exactly what they use to show how things are just peachy.

'look, it's getting better'. but it's not.

on top of bad numbers, bad economy, bad debt/deficits, you have an admin who feels perfectly justified in killing citizens with drones.
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  #7  
Old 03-08-2012, 10:22 AM
Rudeboyelvis Rudeboyelvis is offline
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  #8  
Old 06-01-2012, 08:36 AM
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joeydb joeydb is offline
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Quote:
Originally Posted by Antitrust32 View Post
From Coach's link and oh so true. Funny and sad.

http://www.usnews.com/opinion/articl...mployment-rate


COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It's about 8 percent.

COSTELLO: That many people are out of work?

ABBOTT: No, that's 16 percent.

COSTELLO: You just said 8 percent.

ABBOTT: 8 percent unemployed.

[Check out the U.S. News Economic Intelligence blog.]

COSTELLO: Right 8 percent out of work.

ABBOTT: No, that's 16 percent.

COSTELLO: Okay, so it's 16 percent unemployed.

ABBOTT: No, that's around 8 percent...

COSTELLO: Waits a minute. Is it 8 percent or 16 percent?

ABBOTT: 8 percent are unemployed. 16 percent are out of work.

COSTELLO: If you are out of work aren't you unemployed?

ABBOTT: No, you can't count the "Out of Work" as unemployed. You have to look for work to be unemployed.

[See a slide show of Mort Zuckerman's 5 Ways to Create More Jobs.]

COSTELLO: But they are out of work!!!

ABBOTT: No, you miss my point.

COSTELLO: What point?

ABBOTT: Someone who doesn't look for work, can't be counted with those who look for work. It wouldn't be fair.

COSTELLO: To who?

ABBOTT: The unemployed.

COSTELLO: But they are all out of work.

ABBOTT:No, the unemployed are actively looking for work ... Those who are out of work stopped looking. They gave up. And, if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you're off the unemployment roles, that would count as less unemployment?

[See the 10 best cities to find a job.]

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment just goes down because you don't look for work?

ABBOTT:

Absolutely it goes down. That's how you get to 8 percent. Otherwise it would be 16 percent. You don't want to read about 16 percent unemployment do ya?

COSTELLO: That would be frightening.

ABBOTT: Absolutely.

COSTELLO: Wait, I got a question for you. That means ther're two ways to bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

[See the 10 worst cities to find a job.]

ABBOTT:Correct.

COSTELLO:And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to just stop looking for work.

ABBOTT: Now you're thinking like an economist.

COSTELLO: I don't even know what the hell I just said!
Winner
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  #9  
Old 06-01-2012, 09:31 AM
Danzig Danzig is offline
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http://www.slate.com/blogs/moneybox/...atest_redirect

The Nonfarm Payrolls Report of Doom
By Matthew Yglesias
| Posted Friday, June 1, 2012, at 9:01 AM ET



The latest jobs report is a total disaster. We got 69,000 new jobs in May which is well below already tepid expectations and is below the labor force trend growth rate. Terrible.

But it gets worse!

“The change in total nonfarm payroll employment for March was revised from +154,000 to +143,000, and the change for April was revised from +115,000 to +77,000.” In other words, we gained 69,000 new jobs in May (estimated) but lost 49,000 in revisions. That leaves us with a net increase in employment of just 20,000. Disaster disaster disaster.
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  #10  
Old 03-08-2012, 01:38 PM
Coach Pants
 
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Lets hear it for central banks and Franklin Roosevelt.



*please baby Jesus let her spin that graph*
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  #11  
Old 03-08-2012, 11:25 PM
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DaTruth DaTruth is offline
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Quote:
Originally Posted by Coach Pants View Post
Lets hear it for central banks and Franklin Roosevelt.



*please baby Jesus let her spin that graph*
That looks like a wave that is getting close to cresting.
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  #12  
Old 03-08-2012, 10:56 PM
lord007 lord007 is offline
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Quote:
Originally Posted by Riot View Post
God's Own Party, in the face of improving jobless numbers during a Democratic administration, double down on calling women sluts, screaming falsely about losses of religious freedomz, and blaming people with no control of the subject about gasoline prices.

Meanwhile, the rest of the United States is trying to move forward in the 21st century.
http://www.washingtontimes.com/news/...from-stimulus/.........Not in D.C....Where my job's at..$885mil...whoa
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