[FairfieldLife] Re: Unemployment dropped to 10.0% in November

[do.rflex]

--- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>
> do.rflex wrote:



[snip]




> > I really DO NOT believe that Thom Hartmann saw the list I provided and 
> > claimed it was all lies from the government, Bhairitu.
> >   
> 
> He saw what they really were: small blips.
> 


I don't believe you unless you personally showed him the list I posted.



> >   
> > You should also note I just said that the Republicans are 
> >   
> >> mainly responsible for the mess and why they let Obama win.  They didn't 
> >> want the bill to be presented to their president.
> >>
> >> 
> >
> >
> > Uh... TARP was passed under Bush, Bhairitu. 
> >   
> 
> I know that John.  It was a waste of money 


It stopped a total collapse of the economy, Bhairitu. Or do you claim that's 
also a lie from the government?



>
and I phoned my Congressman 
> twice to oppose its passage.  If it wasn't passed mainly the rich would 
> have been destroyed.  Things might have been tough for the middle class 
> for a while but not as bad as delaying the inevitable which is looming 
> on the horizon.


That's paranoid crackpottery, Bhairitu.



> > The stimulus for the economy passed under Obama is historically shown be a 
> > necessity just as similar spending under FDR was needed to transition the 
> > Great Depression into prosperity.
> >   



> Like what?  More money to bail out the banks or insurance companies?  
> What about help to small businesses?  They want people to spend but you 
> can't have spending unless people have money to spend.  And without jobs 
> they can't spend.  A few measly government jobs isn't going to solve the 
> problem and not everyone wants to work for the government.



Your doomsday ideology has you by the balls, Bhairitu. It took ten years, but 
FDR's spending brought jobs back to pre-Great Depression levels and more than 
doubled the GDP.

Obama has said that the stimulus package was designed to begin to turn around 
the ecomomy in around two years.

Obama's only been in office for 9 months. You can't turn around a catastrophe 
that developed over eight years under the criminal GOP/Bush gang in 8 months.  




> > And for you to say that the list I posted is all lies just further confirms 
> > to me that you're off the deep end and live in your own weird little world.
> >   
> 
> Sounds like to me you're the one with blinders on.  You need to "see 
> further." :-D
> 


I don't get my information from places like Prison Planet or people like Alex 
Jones like you apparently do, if that's what you mean. That's Crackpot World. 
It's right next to Planet Wingnuttia.



> > The rest of the stuff you're posting is just more your wacky radical 
> > conspiracy baloney. Your views with that stuff rival the nutbag wingnuts 
> > with their claims of Obama creating FEMA concentration camps, confiscation 
> > of everybody's guns, birtherism, Obama is a Muslim, etc. crapola.
> 


> Who's off the deep end?   I'm not into those things.  


No. That FEMA stuff is Wingnut World. You're into a different but just as wacky 
conspiratorial doomsday scenario all your own.



>
Stop being a DNC 
> "ditto head."  That's like being a TMO "ditto head."
> 
> I voted for and was critical of Bill Clinton.  I reserve the right to be 
> critical of Obama, whom I also voted for.
>


Sure, you have the right to criticize anyone and anything you wish. You also 
have every right to buy into crackpot doomsday bullshittery - which you're 
apparently doing with great conviction.

[FairfieldLife] Re: Unemployment dropped to 10.0% in November

[nelson]

--- In FairfieldLife@yahoogroups.com, "do.rflex"  wrote:
>
> 
> 
> --- In FairfieldLife@yahoogroups.com,
  snip,
  Things are improving because they aren't getting worse as fast as they were.
   Latest from the resident wingnut- health reform is about control and not 
health --keep watching.

Re: [FairfieldLife] Re: Unemployment dropped to 10.0% in November

[Bhairitu]

do.rflex wrote:
> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>   
>> do.rflex wrote:
>> 
>>> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>>>   
>>>   
 do.rflex wrote:
 
 
> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>   
>   
>   
>> Result of temporary Christmas hiring.  Happens every year.  Many will
>> 
>> 
>> 
> be
>   
>   
>   
>> laid off in January.
>>
>> 
>> 
>> 
> The decrease in unemployment numbers has been occurring since January
> and it certainly isn't all due to "Christmas hiring."
>
>In the strongest employment report since the recession began
> nearly two years ago, the government said Friday that the nation's
> employers had all but stopped shedding jobs in November, taking some of
> the pressure off of President Obama to come up with a wide-ranging jobs
> creation program.
> The Labor Department reported that the United States economy lost 11,000
> jobs in November, and the unemployment rate fell to 10 percent, down
> from 10.2 percent in October.
>
> The government also significantly revised its September and October job
> loss estimates.
>
>
> September's data was adjusted to show a loss of 139,000 jobs instead
> of 219,000, and in October 111,000 jobs were lost, instead of 190,000.
>
>
> Even allowing for the November loss, the revisions added 148,000 people
> to the list of those employed in the United States in November.
>
> Though the pace of job loss has been declining since a peak in January,
> the November number was surprising. Economists had been expecting a
> turning point to come in the late spring or summer, with employers
> finally adding workers as a recovery takes hold. The last time the
> number was so bright was in December 2007, when the economy added
> 120,000 jobs.
> http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp
>   
>   
 Come up from Brazil and take a look around.  The government hasn't been 
 reporting accurate unemployment for years.  Many have just given up and 
 don't ask me how they survive.  They don't count people like me who do 
 contracting and move in and out of bust and boom periods.  And what are 
 the new jobs paying?  Probably not the wages some people have been used 
 to earning.  I know there are older folks working a Starbucks who 
 probably had much better paying gigs in the past.  I also suspect my 
 server at the restaurant the other day (notches above what you'd expect) 
 also took the job paying less than what he was earning.

 The Republicans trashed the US Economy and sold our asses to the 
 Chinese.  And I don't expect Obama, who seems to have been part of a 
 secret (or not so) Wall Street coup, to produce miracles.

 And given the report on the coming "ice age" (the one the other day was 
 not the first) we should all be joining you.  In fact when I read the 
 first report from the Pentagon several years ago a song "let's all move 
 down to South America" popped into my head loosely based on that old 
 movie theater snack ad "let's go out to the lobby."  ;-)

 
 
>>> I suppose you think that all of the following which has happened since 
>>> Obama took office in January is ALSO lies from the government: 
>>>
>>>
>>> ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ 
>>> Bloomberg: 
>>> http://www.bloomberg.com/apps/news?pid=20601087&sid=a7iQTrYFwTtY 
>>>
>>>
>>> ~~U.S. Economy Gets Lift From Stimulus~~ 
>>> Wall Street Journal: 
>>> http://online.wsj.com/article/SB125185379218478087.html 
>>>
>>>
>>> ~~Germany, France out of recession~~ 
>>> Guardian [UK]: 
>>> http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-recession
>>>  
>>>
>>>
>>> ~~Japan Steps out of Recession~~ 
>>> BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm 
>>>
>>>
>>> ~~UK Officially Out of Recession~~ 
>>> http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recession-recovery
>>>  
>>>
>>>
>>> ~~Across the nation, housing starts are rising~~ 
>>> Journal Sentinal: http://www.jsonline.com/business/53623677.html 
>>>
>>>
>>> ~~Retail sales rose at the swiftest rate in three years in August~~
>>> http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities-retail.html
>>>  
>>>
>>>
>>> ~~U.S. household wealth up for first time since 2007~~
>>> http://www.reuters.com/article/marketsNews/idUSN173520090917
>>>
>>>
>>> ~~US leading economic index up for fifth month in a row~~
>>> http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex
>>>
>>>
>>> ~~Obama loan relief plan hits goal early ~~
>>> http://www.google.com/hostednews/ap/articl

[FairfieldLife] Re: Unemployment dropped to 10.0% in November

[do.rflex]

--- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>
> do.rflex wrote:
> > --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
> >   
> >> do.rflex wrote:
> >> 
> >>> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
> >>>   
> >>>   
>  Result of temporary Christmas hiring.  Happens every year.  Many will
>  
>  
> >>> be
> >>>   
> >>>   
>  laid off in January.
> 
>  
>  
> >>> The decrease in unemployment numbers has been occurring since January
> >>> and it certainly isn't all due to "Christmas hiring."
> >>>
> >>>In the strongest employment report since the recession began
> >>> nearly two years ago, the government said Friday that the nation's
> >>> employers had all but stopped shedding jobs in November, taking some of
> >>> the pressure off of President Obama to come up with a wide-ranging jobs
> >>> creation program.
> >>> The Labor Department reported that the United States economy lost 11,000
> >>> jobs in November, and the unemployment rate fell to 10 percent, down
> >>> from 10.2 percent in October.
> >>>
> >>> The government also significantly revised its September and October job
> >>> loss estimates.
> >>>
> >>>
> >>> September's data was adjusted to show a loss of 139,000 jobs instead
> >>> of 219,000, and in October 111,000 jobs were lost, instead of 190,000.
> >>>
> >>>
> >>> Even allowing for the November loss, the revisions added 148,000 people
> >>> to the list of those employed in the United States in November.
> >>>
> >>> Though the pace of job loss has been declining since a peak in January,
> >>> the November number was surprising. Economists had been expecting a
> >>> turning point to come in the late spring or summer, with employers
> >>> finally adding workers as a recovery takes hold. The last time the
> >>> number was so bright was in December 2007, when the economy added
> >>> 120,000 jobs.
> >>> http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp
> >>>   
> >> Come up from Brazil and take a look around.  The government hasn't been 
> >> reporting accurate unemployment for years.  Many have just given up and 
> >> don't ask me how they survive.  They don't count people like me who do 
> >> contracting and move in and out of bust and boom periods.  And what are 
> >> the new jobs paying?  Probably not the wages some people have been used 
> >> to earning.  I know there are older folks working a Starbucks who 
> >> probably had much better paying gigs in the past.  I also suspect my 
> >> server at the restaurant the other day (notches above what you'd expect) 
> >> also took the job paying less than what he was earning.
> >>
> >> The Republicans trashed the US Economy and sold our asses to the 
> >> Chinese.  And I don't expect Obama, who seems to have been part of a 
> >> secret (or not so) Wall Street coup, to produce miracles.
> >>
> >> And given the report on the coming "ice age" (the one the other day was 
> >> not the first) we should all be joining you.  In fact when I read the 
> >> first report from the Pentagon several years ago a song "let's all move 
> >> down to South America" popped into my head loosely based on that old 
> >> movie theater snack ad "let's go out to the lobby."  ;-)
> >>
> >> 
> >
> >
> > I suppose you think that all of the following which has happened since 
> > Obama took office in January is ALSO lies from the government: 
> >
> >
> > ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ 
> > Bloomberg: 
> > http://www.bloomberg.com/apps/news?pid=20601087&sid=a7iQTrYFwTtY 
> >
> >
> > ~~U.S. Economy Gets Lift From Stimulus~~ 
> > Wall Street Journal: 
> > http://online.wsj.com/article/SB125185379218478087.html 
> >
> >
> > ~~Germany, France out of recession~~ 
> > Guardian [UK]: 
> > http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-recession
> >  
> >
> >
> > ~~Japan Steps out of Recession~~ 
> > BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm 
> >
> >
> > ~~UK Officially Out of Recession~~ 
> > http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recession-recovery
> >  
> >
> >
> > ~~Across the nation, housing starts are rising~~ 
> > Journal Sentinal: http://www.jsonline.com/business/53623677.html 
> >
> >
> > ~~Retail sales rose at the swiftest rate in three years in August~~
> > http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities-retail.html
> >  
> >
> >
> > ~~U.S. household wealth up for first time since 2007~~
> > http://www.reuters.com/article/marketsNews/idUSN173520090917
> >
> >
> > ~~US leading economic index up for fifth month in a row~~
> > http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex
> >
> >
> > ~~Obama loan relief plan hits goal early ~~
> > http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQPiqnUQD9B6V5IO3
> >  
> >
> >
> > ~~Obama's mortgage relief program growing ~~
> > http://news.yahoo.com/s/ap/20090909/a

Re: [FairfieldLife] Re: Unemployment dropped to 10.0% in November

[Bhairitu]

do.rflex wrote:
> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>   
>> do.rflex wrote:
>> 
>>> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>>>   
>>>   
 Result of temporary Christmas hiring.  Happens every year.  Many will
 
 
>>> be
>>>   
>>>   
 laid off in January.

 
 
>>> The decrease in unemployment numbers has been occurring since January
>>> and it certainly isn't all due to "Christmas hiring."
>>>
>>>In the strongest employment report since the recession began
>>> nearly two years ago, the government said Friday that the nation's
>>> employers had all but stopped shedding jobs in November, taking some of
>>> the pressure off of President Obama to come up with a wide-ranging jobs
>>> creation program.
>>> The Labor Department reported that the United States economy lost 11,000
>>> jobs in November, and the unemployment rate fell to 10 percent, down
>>> from 10.2 percent in October.
>>>
>>> The government also significantly revised its September and October job
>>> loss estimates.
>>>
>>>
>>> September's data was adjusted to show a loss of 139,000 jobs instead
>>> of 219,000, and in October 111,000 jobs were lost, instead of 190,000.
>>>
>>>
>>> Even allowing for the November loss, the revisions added 148,000 people
>>> to the list of those employed in the United States in November.
>>>
>>> Though the pace of job loss has been declining since a peak in January,
>>> the November number was surprising. Economists had been expecting a
>>> turning point to come in the late spring or summer, with employers
>>> finally adding workers as a recovery takes hold. The last time the
>>> number was so bright was in December 2007, when the economy added
>>> 120,000 jobs.
>>> http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp
>>>   
>> Come up from Brazil and take a look around.  The government hasn't been 
>> reporting accurate unemployment for years.  Many have just given up and 
>> don't ask me how they survive.  They don't count people like me who do 
>> contracting and move in and out of bust and boom periods.  And what are 
>> the new jobs paying?  Probably not the wages some people have been used 
>> to earning.  I know there are older folks working a Starbucks who 
>> probably had much better paying gigs in the past.  I also suspect my 
>> server at the restaurant the other day (notches above what you'd expect) 
>> also took the job paying less than what he was earning.
>>
>> The Republicans trashed the US Economy and sold our asses to the 
>> Chinese.  And I don't expect Obama, who seems to have been part of a 
>> secret (or not so) Wall Street coup, to produce miracles.
>>
>> And given the report on the coming "ice age" (the one the other day was 
>> not the first) we should all be joining you.  In fact when I read the 
>> first report from the Pentagon several years ago a song "let's all move 
>> down to South America" popped into my head loosely based on that old 
>> movie theater snack ad "let's go out to the lobby."  ;-)
>>
>> 
>
>
> I suppose you think that all of the following which has happened since Obama 
> took office in January is ALSO lies from the government: 
>
>
> ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ 
> Bloomberg: 
> http://www.bloomberg.com/apps/news?pid=20601087&sid=a7iQTrYFwTtY 
>
>
> ~~U.S. Economy Gets Lift From Stimulus~~ 
> Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html 
>
>
> ~~Germany, France out of recession~~ 
> Guardian [UK]: 
> http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-recession
>  
>
>
> ~~Japan Steps out of Recession~~ 
> BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm 
>
>
> ~~UK Officially Out of Recession~~ 
> http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recession-recovery
>  
>
>
> ~~Across the nation, housing starts are rising~~ 
> Journal Sentinal: http://www.jsonline.com/business/53623677.html 
>
>
> ~~Retail sales rose at the swiftest rate in three years in August~~
> http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities-retail.html
>  
>
>
> ~~U.S. household wealth up for first time since 2007~~
> http://www.reuters.com/article/marketsNews/idUSN173520090917
>
>
> ~~US leading economic index up for fifth month in a row~~
> http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex
>
>
> ~~Obama loan relief plan hits goal early ~~
> http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQPiqnUQD9B6V5IO3
>  
>
>
> ~~Obama's mortgage relief program growing ~~
> http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid 
>
>
> ~~Dow passes 10,000 mark on earnings optimism~~first time in a year
> http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014
>
>
> ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~
> http://www.bloomberg.com/apps/news?pid=20601087&sid=aDGvmWmB18w0
>

[FairfieldLife] Re: Unemployment dropped to 10.0% in November

[do.rflex]

--- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>
> do.rflex wrote:
> > --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
> >   
> >> Result of temporary Christmas hiring.  Happens every year.  Many will
> >> 
> > be
> >   
> >> laid off in January.
> >>
> >> 
> >
> >
> > The decrease in unemployment numbers has been occurring since January
> > and it certainly isn't all due to "Christmas hiring."
> >
> >In the strongest employment report since the recession began
> > nearly two years ago, the government said Friday that the nation's
> > employers had all but stopped shedding jobs in November, taking some of
> > the pressure off of President Obama to come up with a wide-ranging jobs
> > creation program.
> > The Labor Department reported that the United States economy lost 11,000
> > jobs in November, and the unemployment rate fell to 10 percent, down
> > from 10.2 percent in October.
> >
> > The government also significantly revised its September and October job
> > loss estimates.
> >
> >
> > September's data was adjusted to show a loss of 139,000 jobs instead
> > of 219,000, and in October 111,000 jobs were lost, instead of 190,000.
> >
> >
> > Even allowing for the November loss, the revisions added 148,000 people
> > to the list of those employed in the United States in November.
> >
> > Though the pace of job loss has been declining since a peak in January,
> > the November number was surprising. Economists had been expecting a
> > turning point to come in the late spring or summer, with employers
> > finally adding workers as a recovery takes hold. The last time the
> > number was so bright was in December 2007, when the economy added
> > 120,000 jobs.
> > http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp
> 
> Come up from Brazil and take a look around.  The government hasn't been 
> reporting accurate unemployment for years.  Many have just given up and 
> don't ask me how they survive.  They don't count people like me who do 
> contracting and move in and out of bust and boom periods.  And what are 
> the new jobs paying?  Probably not the wages some people have been used 
> to earning.  I know there are older folks working a Starbucks who 
> probably had much better paying gigs in the past.  I also suspect my 
> server at the restaurant the other day (notches above what you'd expect) 
> also took the job paying less than what he was earning.
> 
> The Republicans trashed the US Economy and sold our asses to the 
> Chinese.  And I don't expect Obama, who seems to have been part of a 
> secret (or not so) Wall Street coup, to produce miracles.
> 
> And given the report on the coming "ice age" (the one the other day was 
> not the first) we should all be joining you.  In fact when I read the 
> first report from the Pentagon several years ago a song "let's all move 
> down to South America" popped into my head loosely based on that old 
> movie theater snack ad "let's go out to the lobby."  ;-)
>


I suppose you think that all of the following which has happened since Obama 
took office in January is ALSO lies from the government: 


~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ 
Bloomberg: 
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7iQTrYFwTtY 


~~U.S. Economy Gets Lift From Stimulus~~ 
Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html 


~~Germany, France out of recession~~ 
Guardian [UK]: 
http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-recession 


~~Japan Steps out of Recession~~ 
BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm 


~~UK Officially Out of Recession~~ 
http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recession-recovery
 


~~Across the nation, housing starts are rising~~ 
Journal Sentinal: http://www.jsonline.com/business/53623677.html 


~~Retail sales rose at the swiftest rate in three years in August~~
http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities-retail.html
 


~~U.S. household wealth up for first time since 2007~~
http://www.reuters.com/article/marketsNews/idUSN173520090917


~~US leading economic index up for fifth month in a row~~
http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex


~~Obama loan relief plan hits goal early ~~
http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQPiqnUQD9B6V5IO3
 


~~Obama's mortgage relief program growing ~~
http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid 


~~Dow passes 10,000 mark on earnings optimism~~first time in a year
http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014


~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDGvmWmB18w0


~~Jobs outlook brightens - National Association for Business Economics says 
more U.S. firms are planning to hire and increase investment in the next six 
months~~~
http://money.cnn.com/2009/10/26/news

Re: [FairfieldLife] Re: Unemployment dropped to 10.0% in November

[Bhairitu]

do.rflex wrote:
> --- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>   
>> Result of temporary Christmas hiring.  Happens every year.  Many will
>> 
> be
>   
>> laid off in January.
>>
>> 
>
>
> The decrease in unemployment numbers has been occurring since January
> and it certainly isn't all due to "Christmas hiring."
>
>In the strongest employment report since the recession began
> nearly two years ago, the government said Friday that the nation's
> employers had all but stopped shedding jobs in November, taking some of
> the pressure off of President Obama to come up with a wide-ranging jobs
> creation program.
> The Labor Department reported that the United States economy lost 11,000
> jobs in November, and the unemployment rate fell to 10 percent, down
> from 10.2 percent in October.
>
> The government also significantly revised its September and October job
> loss estimates.
>
>
> September's data was adjusted to show a loss of 139,000 jobs instead
> of 219,000, and in October 111,000 jobs were lost, instead of 190,000.
>
>
> Even allowing for the November loss, the revisions added 148,000 people
> to the list of those employed in the United States in November.
>
> Though the pace of job loss has been declining since a peak in January,
> the November number was surprising. Economists had been expecting a
> turning point to come in the late spring or summer, with employers
> finally adding workers as a recovery takes hold. The last time the
> number was so bright was in December 2007, when the economy added
> 120,000 jobs.
> http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp

Come up from Brazil and take a look around.  The government hasn't been 
reporting accurate unemployment for years.  Many have just given up and 
don't ask me how they survive.  They don't count people like me who do 
contracting and move in and out of bust and boom periods.  And what are 
the new jobs paying?  Probably not the wages some people have been used 
to earning.  I know there are older folks working a Starbucks who 
probably had much better paying gigs in the past.  I also suspect my 
server at the restaurant the other day (notches above what you'd expect) 
also took the job paying less than what he was earning.

The Republicans trashed the US Economy and sold our asses to the 
Chinese.  And I don't expect Obama, who seems to have been part of a 
secret (or not so) Wall Street coup, to produce miracles.

And given the report on the coming "ice age" (the one the other day was 
not the first) we should all be joining you.  In fact when I read the 
first report from the Pentagon several years ago a song "let's all move 
down to South America" popped into my head loosely based on that old 
movie theater snack ad "let's go out to the lobby."  ;-)

[FairfieldLife] Re: Unemployment dropped to 10.0% in November

[do.rflex]

--- In FairfieldLife@yahoogroups.com, Bhairitu  wrote:
>
> Result of temporary Christmas hiring.  Happens every year.  Many will
be
> laid off in January.
>


The decrease in unemployment numbers has been occurring since January
and it certainly isn't all due to "Christmas hiring."

   In the strongest employment report since the recession began
nearly two years ago, the government said Friday that the nation's
employers had all but stopped shedding jobs in November, taking some of
the pressure off of President Obama to come up with a wide-ranging jobs
creation program.
The Labor Department reported that the United States economy lost 11,000
jobs in November, and the unemployment rate fell to 10 percent, down
from 10.2 percent in October.

The government also significantly revised its September and October job
loss estimates.


September's data was adjusted to show a loss of 139,000 jobs instead
of 219,000, and in October 111,000 jobs were lost, instead of 190,000.


Even allowing for the November loss, the revisions added 148,000 people
to the list of those employed in the United States in November.

Though the pace of job loss has been declining since a peak in January,
the November number was surprising. Economists had been expecting a
turning point to come in the late spring or summer, with employers
finally adding workers as a recovery takes hold. The last time the
number was so bright was in December 2007, when the economy added
120,000 jobs.
http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp


> do.rflex wrote:
> > U.S. employers cut a far fewer-than-expected 11,000 jobs in
November,
> > the smallest decline since the start of the recession in December
2007,
> > government data showed on Friday, strongly suggesting the
deterioration
> > in the labor market was in its final stages.
> >
> > The Labor Department said the unemployment rate fell to 10 percent
from
> > a 26-1/2 year high of 10.2 percent in October.
> >
> > The government revised job losses for September and October to show
> > 159,000 fewer jobs lost than previously reported.
> >
> > http://www.reuters.com/article/idUSTRE5AT4N720091204
> > 
> >
> >
> >
> >
> >
> >
>