The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on February 03, 2012, 08:14:28 PM
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bigtree
Umemployment Rate Falls to 8.3%. Other Economic Data Rocking As Well
Feb. 3, 2012
(CNNMoney) -- American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row.
Employers added 243,000 jobs in January, the Labor Department reported Friday, marking a pick-up in hiring from December, when the economy added 203,000 jobs.
Meanwhile, the unemployment rate fell to 8.3%. That is the lowest since February 2009.
Job growth was much stronger than expected. Economists surveyed by CNNMoney had forecast 130,000 jobs added in the month, and that the unemployment rate likely ticked up to 8.6%.
read: http://money.cnn.com/2012/02/03/news/economy/jobs_report_unemployment/
Manufacturing growth fastest since June; construction spending up for 5th straight month
U.S. factories grew in January at the fastest pace in seven months, boosted by a rise in new orders. And builders ended a poor year for construction by spending more on homes and projects for the fifth straight month.
The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose last month to 54.1 from 53.1 in December. Readings above 50 indicate expansion.
Consumers are buying more cars and trucks, while businesses ordered more machinery and other equipment. That has driven manufacturing, which expanded for the 30th straight month.
Both new orders and order backlogs rose to nine-month highs. Increasing order backlogs suggest manufacturers are lacking the capacity to meet demand. That could mean more growth in production and employment in the near future, economists said.
Export orders also rose, a sign that U.S. manufacturers haven’t yet been affected by Europe’s slowing economy . . .
read more: http://www.washingtonpost.com/politics/manufacturing-grows-at-fastest-pace-in-7-months-as-new-orders-rise-employment-dips/2012/02/01/gIQA32BfhQ_print.html
http://www.democraticunderground.com/1002261576
How much you wanna bet, next month they will very quietly adjust downwards the new jobs stats?
stufl
1. B-but the stimulus was a failure...
That's what all the Republicans say.
What do I believe....that chart or conservative ideologues?
Well you can't argue with a chart. :whatever:
Johnny2X2X
6. Denial
It's not just a river in Egypt. The Republicans cannot deal with these great numbers and will do anything to discredit them. Funny how the numbers were the bible when they were bad, but now they are suspect?
Bottom line, Great News for America, which is bad news for Republicans.
Sorry, but they are fudging the numbers to make 0bama look good. There is still no sign of recovery.
Kahuna
9. Think about how amazing it is that a mere three years after
Last edited Fri Feb 3, 2012, 11:20 AM USA/ET - Edit history (1)
a near, total economic collapse, we are experiencing positive economic news. To my mind, this makes PBO one of the all time best presidents and it's sad that the lefties can't see it and don't appreciate what a gift we have been given.
ETA,
Amazing how they are eating this up.
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About those job numbers...
Record 1.2 Million People Fall Out Of Labor Force In One Month,
Labor Force Participation Rate Tumbles To Fresh 30 Year Low (http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-)
(http://i237.photobucket.com/albums/ff68/kayaktn/PeopleNotInLaborForce.jpg)
Zero Hedge (http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-)
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About those job numbers...
Record 1.2 Million People Fall Out Of Labor Force In One Month,
Labor Force Participation Rate Tumbles To Fresh 30 Year Low (http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-)
(http://i237.photobucket.com/albums/ff68/kayaktn/PeopleNotInLaborForce.jpg)
Zero Hedge (http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-)
Am I reading that last part of the line correctly, straight up? Wow, good job SCFOAMF. :bird:
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When all of those people who are out of the workforce think that there are actual jobs out there then they will be figured back into the unemployed figures. Also what about all of the military that he is bringing home?
I bet the DUmmies who were crying yesterday how dire their lives are will praise these fake numbers for the sake of their Obama.
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It's not 0bama but the republican HOR. Look at how well things are going now that 1/2 of 1/3 of the three branches of government are under semi-sane people. Nothing but bad shit happened under a democrat party controlled congress. It took them only 20 months to completely tank the economy from 1/2007.
The DUchebags asked where the jobs were when Boehner became the speaker and now they have them The economic comeback is clearly all due to the GOP.
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It's not 0bama but the republican HOR. Look at how well things are going now that 1/2 of 1/3 of the three branches of government are under semi-sane people. Nothing but bad shit happened under a democrat party controlled congress. It took them only 20 months to completely tank the economy from 1/2007.
The DUchebags asked where the jobs were when Boehner became the speaker and now they have them The economic comeback is clearly all due to the GOP.
I hadn't thought of that of that, I had forgotten of all the cries of, "where are the jobs", when the repukes took the house last Jan, I love it when their own talking points are used against them. :-)
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Even the CBO is saying that unemployment will jump back above 9% when people start looking or jobs again.
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Even the CBO is saying that unemployment will jump back above 9% when people start looking or jobs again.
And that will happen the second week of November. :-)
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There are tons of people out there like me....not on unemployment; but greatly under-paid. I am making 10.000 per hour less than I made at my last job.
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Oh yeah, things are getting SO much better out there. :whatever:
Look, the libs are fooling no one but themselves if they believe that crap.
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