Author Topic: 266,000 new jobs added in April, big miss off the 1 million expected  (Read 125 times)

0 Members and 1 Guest are viewing this topic.

Offline dutch508

  • Hero Member
  • *****
  • Posts: 11389
  • Reputation: +1331/-1034
  • Remember
Quote
Star Member Celerity (19,454 posts)
https://www.democraticunderground.com/100215408538

266,000 new jobs added in April, big miss off the 1 million expected

Watch how the DUmp tries spins this as a good thing...

Quote
Star Member spanone (126,130 posts)

1. who estimated a million....?

Stupid prediction

Quote
RegularJam (95 posts)

4. Gotta look big picture.

Get ready for serious job growth over the next six months. The economy is about to go big. It’s going to happen a bit more gradually with the current unemployment structure. FL is about to see a lot of hiring as people are forced back to work.

Quote
Johnny2X2X (10,579 posts)

6. It's a good thing Joe's relief bill extended UE benefits through the end of the Summer

Reps wanted to end it almost immediately, people are still hurting. End of Summer was appropriate.

Quote
Star Member doc03 (27,565 posts)

12. But every single restaurant and store has a help wanted sign?

 :whatever:
The torch of moral clarity since 12/18/07

2016 DOTY: 06 Omaha Steve - Is dying for ****'s face! How could you not vote for him, you heartless bastards!?!

Offline ADsOutburst

  • Hero Member
  • *****
  • Posts: 1325
  • Reputation: +150/-7
  • Don't let them gaslight you!
Thank you, states that are reopening!

Offline Drafe Hoblin

  • Sr. Member
  • ****
  • Posts: 582
  • Reputation: +38/-5
  • ... up 'n down the Strip
DU will be adding a half-dozen bump-ready economic-threads this week.

Offline SVPete

  • Hero Member
  • *****
  • Posts: 19042
  • Reputation: +1035/-190
IIRC, the economy has to add 200K-250K new jobs every month just to keep pace with the "background" noise of people entering the job market for the first time (or reentering after a long off-time). IOW, 266K is, at best, a modest gain at a time when employers in many areas are scrambling to find workers. Some states are shutting down the enhanced UE payments, due to lots of employers hiring, so that may help drive new jobs in those states.

When that happens, LIEden will be given and take the credit, even though he was a barrier to, not an enabler of re-employment.
ADAB

Facts don't matter to DUpipo

Offline SVPete

  • Hero Member
  • *****
  • Posts: 19042
  • Reputation: +1035/-190
DU will be adding a half-dozen bump-ready economic-threads this week.

Between moles and rowing over :lmao: -ready threads, we drive a lot of volume to DU.
ADAB

Facts don't matter to DUpipo

Online Texacon

  • Super
  • Hero Member
  • *****
  • Posts: 10419
  • Reputation: +600/-53
  • All The Way!
IIRC, the economy has to add 200K-250K new jobs every month just to keep pace with the "background" noise of people entering the job market for the first time (or reentering after a long off-time). IOW, 266K is, at best, a modest gain at a time when employers in many areas are scrambling to find workers. Some states are shutting down the enhanced UE payments, due to lots of employers hiring, so that may help drive new jobs in those states.

When that happens, LIEden will be given and take the credit, even though he was a barrier to, not an enabler of re-employment.


Absolutely!  The enhanced benefits, that those who have continued working don’t receive, are killing a huge part of the economy.

Those who have continued working have gotten the huge government dick.

KC
  Build a man a fire and he'll be warm for a day.  Set a man on fire and he will be warm for the rest of his life.

*Stolen