Comments on: Wow! Jobless Rate Dips 0.1% Percent! http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent Sun, 27 May 2012 02:00:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: MinnesotaRush http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157485 MinnesotaRush Sun, 09 Aug 2009 05:24:38 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157485 Doctor o-blah-blah to patient: "Good news!!! You've got 3 months to live!!!" Patient: "Good news!?!? Good news!?!? What's the bad news?" Dr o-blah-blah: "I shudda told you 89 days ago." Doctor o-blah-blah to patient: “Good news!!! You’ve got 3 months to live!!!”

Patient: “Good news!?!? Good news!?!? What’s the bad news?”

Dr o-blah-blah: “I shudda told you 89 days ago.”

]]> By: Rusty Shackleford http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157332 Rusty Shackleford Fri, 07 Aug 2009 22:55:31 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157332 White House still warns of 10 percent jobless rate By BEN FELLER, Associated Press Writer Ben Feller, Associated Press Writer – Fri Aug 7, 2:47 pm ET WASHINGTON – President Barack Obama on Friday welcomed a dip in unemployment as evidence "the worst may be behind us" with the recession well into its second year. Earlier, however, the White House said that the president still expects unemployment to hit 10 percent sometime later this year. Full article: http://news.yahoo.com/s/ap/us_economy_obama;_ylc=X3oDMTI1NzZyc3Q3BFJfYWlkAwRSX2RtbgN5YWhvby5jb20EUl9maWQDYmRhMGMzMzU0NTFiYmY2YjY0Y2Q0MWRlYjBiYWRlNDYEUl9sdHADMQ-- Blammo says, ""We can't afford to return an economy based on inflated returns and maxed-out credit cards..." Hm.... Kinda like he did before he got his big book deal money. But..."Do as I SAY....not as I DO" Well, dang, that just licks all the red off my candy. Trust those AP bastions of truth. You'll always get the straight dope from the straight dopes. White House still warns of 10 percent jobless rate

By BEN FELLER, Associated Press Writer Ben Feller, Associated Press Writer – Fri Aug 7, 2:47 pm ET

WASHINGTON – President Barack Obama on Friday welcomed a dip in unemployment as evidence “the worst may be behind us” with the recession well into its second year. Earlier, however, the White House said that the president still expects unemployment to hit 10 percent sometime later this year.

Full article: http://news.yahoo.com/s/ap/us_.....DMQ–

Blammo says, “”We can’t afford to return an economy based on inflated returns and maxed-out credit cards…”

Hm…. Kinda like he did before he got his big book deal money. But…”Do as I SAY….not as I DO”

Well, dang, that just licks all the red off my candy. Trust those AP bastions of truth. You’ll always get the straight dope from the straight dopes.

]]> By: marinetbryant http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157323 marinetbryant Fri, 07 Aug 2009 22:06:09 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157323 " It's like a general saying, "The army's casualty rate this month went down slightly from last month, but then one of our divisions has deserted." That would not be a military force "pointed in the right direction" with the worst behind it. " By Lee Cary at American Thinker. Tom ” It’s like a general saying, “The army’s casualty rate this month went down slightly from last month, but then one of our divisions has deserted.” That would not be a military force “pointed in the right direction” with the worst behind it. ”

By Lee Cary at American Thinker.

Tom

]]> By: jobeth http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157295 jobeth Fri, 07 Aug 2009 19:28:15 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157295 My husband is self employed by escorting wide loads over the road. He has been working for a company that makes mobile vacation homes...short trailers meant to be kept in on place. He hasn't worked in 3 months. They aren't getting the orders and so he doesn't get the work. He isn't on any unemployment list...There must be many more who were self employed but unable to work. In our case we are fortunate that we are both retired and have other means of support. God help the young families...like the young man I met the other day at Booksamillion who has gotten only 11 hours this week and is trying to support a wife and baby. He stood right in front of me (a customer) and begged his boss for more hours. He was that desparate to try to get hours when he saw an opportunity. So he has a job...but actually very much underemplyed. Not much better. My husband is self employed by escorting wide loads over the road. He has been working for a company that makes mobile vacation homes…short trailers meant to be kept in on place. He hasn’t worked in 3 months. They aren’t getting the orders and so he doesn’t get the work.

He isn’t on any unemployment list…There must be many more who were self employed but unable to work.

In our case we are fortunate that we are both retired and have other means of support.

God help the young families…like the young man I met the other day at Booksamillion who has gotten only 11 hours this week and is trying to support a wife and baby.

He stood right in front of me (a customer) and begged his boss for more hours. He was that desparate to try to get hours when he saw an opportunity.

So he has a job…but actually very much underemplyed. Not much better.

]]> By: proreason http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157290 proreason Fri, 07 Aug 2009 18:55:55 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157290 These numbers also ignore the fact that there are many, probably millions, of older people who need to get back in the workforce, but cannot. And they may also ignore the fact that hundreds of thousands of new job-seekers enter the workforce every month. Teenagers do become adults after all. True unemployment is closer to 20% than 10%. It may be over 20%. These numbers also ignore the fact that there are many, probably millions, of older people who need to get back in the workforce, but cannot.

And they may also ignore the fact that hundreds of thousands of new job-seekers enter the workforce every month. Teenagers do become adults after all.

True unemployment is closer to 20% than 10%. It may be over 20%.

]]> By: Rusty Shackleford http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157289 Rusty Shackleford Fri, 07 Aug 2009 18:41:40 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157289 True, they use the new jobless claims because that's a trackable value. But what's also trackable is the number of people whose uneployment benefits have run out completely. Hopefully, they found retraining an option or some sort of way to become employed again...but often, when a person loses a job and are fortunate to find another, it's usually at a lower pay, with no benefits offered for 3 months to a year. The struggle is minimized but in jeopardy is the mortgage, the healthplan, etc. Part of the blame for that is the typical lack of planning and not having a savings account for events such as this. Our grandparents and our parents knew of this and had savings enough to live frugally through the tough times. Since the 1950's tough times is a relatively scarce animal. Even this current administration is counting on people making a decent wage to fund their utopias. How foolhardy is that? I was furloughed in 2003 during a mini-recession. Found a job 1.5 years later for half of what I used to make. Quickly found another three months later. Had to move each time. Thankfully I was single. After two years of that, I was called back to my old job at my old pay. Stress, chronic diabetes and a thyroid problem tried to kill me...but guess what? When I went to the hospital without any medical coverage whatsoever, they admitted me and treated me. So....this "people aren't covered" is BS. Sure, I had a whopping hospital bill but I'm alive to pay it and later was able to negotiate it to something more believable. But the hard part is that unemployment numbers alone do not tell the whole tale. True, they use the new jobless claims because that’s a trackable value. But what’s also trackable is the number of people whose uneployment benefits have run out completely. Hopefully, they found retraining an option or some sort of way to become employed again…but often, when a person loses a job and are fortunate to find another, it’s usually at a lower pay, with no benefits offered for 3 months to a year. The struggle is minimized but in jeopardy is the mortgage, the healthplan, etc.

Part of the blame for that is the typical lack of planning and not having a savings account for events such as this. Our grandparents and our parents knew of this and had savings enough to live frugally through the tough times. Since the 1950′s tough times is a relatively scarce animal. Even this current administration is counting on people making a decent wage to fund their utopias. How foolhardy is that?

I was furloughed in 2003 during a mini-recession. Found a job 1.5 years later for half of what I used to make. Quickly found another three months later. Had to move each time. Thankfully I was single. After two years of that, I was called back to my old job at my old pay.

Stress, chronic diabetes and a thyroid problem tried to kill me…but guess what? When I went to the hospital without any medical coverage whatsoever, they admitted me and treated me.

So….this “people aren’t covered” is BS. Sure, I had a whopping hospital bill but I’m alive to pay it and later was able to negotiate it to something more believable.

But the hard part is that unemployment numbers alone do not tell the whole tale.

]]> By: BannedbytheTaliban http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157285 BannedbytheTaliban Fri, 07 Aug 2009 18:31:02 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157285 Apart from the whole, we only count people looking for jobs in unemployment data, it is FISHY that "a net total of 247,000 jobs were lost last month" and "443,000 jobs that disappeared in June" yet the % unemployed went down. There was a net decrease in jobs, but and net increase in % working. Are we reproducing faster than we are hemorrhaging jobs? I think we need to report this to the mis-information zsar. Apart from the whole, we only count people looking for jobs in unemployment data, it is FISHY that “a net total of 247,000 jobs were lost last month” and “443,000 jobs that disappeared in June” yet the % unemployed went down. There was a net decrease in jobs, but and net increase in % working. Are we reproducing faster than we are hemorrhaging jobs? I think we need to report this to the mis-information zsar.

]]> By: cerberus6 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157282 cerberus6 Fri, 07 Aug 2009 18:24:05 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157282 If you read the report from the Bureau of Labor Statistics the unemployed who have been out of work for 27 weeks or longer has increased 584,000. That brings the current total of people tracked in that category to 5 million. Smarter readers than me might know if these numbers are included in the 9.4% or are they dropped off the backend and are no longer counted. In any case it is getting tough out there and people know it. Hope & Change? No matter how thin you slice it, it’s still baloney! Ceb6 If you read the report from the Bureau of Labor Statistics the unemployed who have been out of work for 27 weeks or longer has increased 584,000. That brings the current total of people tracked in that category to 5 million.

Smarter readers than me might know if these numbers are included in the 9.4% or are they dropped off the backend and are no longer counted. In any case it is getting tough out there and people know it.

Hope & Change? No matter how thin you slice it, it’s still baloney!

Ceb6

]]> By: Melly http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157271 Melly Fri, 07 Aug 2009 17:46:14 +0000 http://sweetness-light.com/archive/yippee-jobless-rate-dips-1-percent#comment-157271 "Today, we're pointed in the right direction," Barry said today in the Rose Garden. Is he smoking those roses? “Today, we’re pointed in the right direction,” Barry said today in the Rose Garden.

Is he smoking those roses?

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