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OBAMA'S ECONOMY.....
Stocks end high; Dow posts new closing record
http://www.nbcnews.com/business/stocks-end-high-dow-posts-new-closing-record-1C9840803
Freddie Mac posts second-biggest profit in its history
http://finance.yahoo.com/news/freddie-mac-posts-second-biggest-124409716.html
Surprise jobs surge pushes unemployment lower
http://au.news.yahoo.com/latest/a/-/latest/17080001/surprise-jobs-surge-pushes-unemployment-lower/
http://www.nbcnews.com/business/stocks-end-high-dow-posts-new-closing-record-1C9840803
Freddie Mac posts second-biggest profit in its history
http://finance.yahoo.com/news/freddie-mac-posts-second-biggest-124409716.html
Surprise jobs surge pushes unemployment lower
http://au.news.yahoo.com/latest/a/-/latest/17080001/surprise-jobs-surge-pushes-unemployment-lower/
Wow.... it never ends. Pathetic.....
"GOLDMAN: College-Educated Americans Are More Unemployed Than You Think"
http://www.businessinsider.com/hatzius-college-educated-unemployment-2013-5
http://www.businessinsider.com/hatzius-college-educated-unemployment-2013-5
"Dow posts new closing record "
Well, only if you don't take inflation into account. The DJIA will have to put on another 500 points in inflation adjusted $$$ to reach the historic highs of the Clinton era. The historic unemployment low of 4.0% under his administration will never be seen again, alas. Cheney's croney capitalism and the anti-union propaganda much of the public have bought into saw to that. Still, at least we aren't bleeding out and losing jobs the way we were in 2008 when Bush Jr. and company abandoned ship. The current recovery may be primarily powered by rampant fossil fuel extraction and the fact that many undocumented workers 'self-deported' when the housing industry tanked.
But at least it's a recovery.
Well, only if you don't take inflation into account. The DJIA will have to put on another 500 points in inflation adjusted $$$ to reach the historic highs of the Clinton era. The historic unemployment low of 4.0% under his administration will never be seen again, alas. Cheney's croney capitalism and the anti-union propaganda much of the public have bought into saw to that. Still, at least we aren't bleeding out and losing jobs the way we were in 2008 when Bush Jr. and company abandoned ship. The current recovery may be primarily powered by rampant fossil fuel extraction and the fact that many undocumented workers 'self-deported' when the housing industry tanked.
But at least it's a recovery.
"Then when one of us says something back at the put downs or if we take up for him, he must walk on water to us. LOL, nothing has changed here I see. "
Ain't that the TRUTH!...
Ain't that the TRUTH!...
Manufacturing went out the window and we are currently in a transition period. Great thing about automation and technology is it tends to cut jobs, ever notice that? Since the big bust of unions it seems to me the benefits have flown the coop too, like retirement benefits and the right to work people keep the wages down and full time employment at bay. Lots of part timers with no benefits out there tho! But blame O bama, thats the solution to the ills of the world it seems. Then when one of us says something back at the put downs or if we take up for him, he must walk on water to us. LOL, nothing has changed here I see.
We don't accept lies, that is why we don't accept the economy is doing better.
Cannot argue with that Vance, seeins the lies come from your direction and all, and all the stock market shows me is that 5 percent of the people still have all the money. Wanna take bets on how long it can last before it goes thru the floor?
And if the party of no gets their way, you will lose ss and be handed over to the stock market on a silver platter.
Obama, that darn socialist! LOL
Cannot argue with that Vance, seeins the lies come from your direction and all, and all the stock market shows me is that 5 percent of the people still have all the money. Wanna take bets on how long it can last before it goes thru the floor?
And if the party of no gets their way, you will lose ss and be handed over to the stock market on a silver platter.
Obama, that darn socialist! LOL
We don't accept lies, that is why we don't accept the economy is doing better.
It's "Gibberish" and it is REAL FACTUAL information...If you bothered to click on the link (that's provided at the top and bottom of what I posted), you would see that your so called "gibberish" came straight from the Bureau of Labor and Statistics...and as for Freddie Mac, I ABSOLUTELY do not give them a pass because they were one of the MAJOR contributors to our housing crisis. I still think ALL banks should be held accountable but that'll never happen. That being said, something is going well form them to report how good they are doing. We all know if the housing market is picking up again, the economy IS on the right path to recovery.
To the rest of y'all that refuse to accept that the economy is getting better (Brice and El), I'll leave you with my original comment:
Boy that President Obama sure is a socialist, Marxists that is tanking our economy....
To the rest of y'all that refuse to accept that the economy is getting better (Brice and El), I'll leave you with my original comment:
Boy that President Obama sure is a socialist, Marxists that is tanking our economy....
I'm doing quite well and I am a charitable man too.........so maybe it really is trickling down and that might explain the fewer claims for unemployment.
The reason Unemployment is down, is because less people are claiming unemployment-benefits (as they've run out... reached the end).
Less people claiming unemployment-$$$'s, artificially deflated the Unemployment #'s.
Just because less people are claiming benefits, doesn't mean that the Unemployment-rate dropped. It just means that more people aren't getting $$$, and people have simply given up looking.
Less people claiming benefits also artificially decreases the deficit, because less $$$ is going out, from the cauffers, to pay those people.
Less people claiming unemployment-$$$'s, artificially deflated the Unemployment #'s.
Just because less people are claiming benefits, doesn't mean that the Unemployment-rate dropped. It just means that more people aren't getting $$$, and people have simply given up looking.
Less people claiming benefits also artificially decreases the deficit, because less $$$ is going out, from the cauffers, to pay those people.
Boy, you bet! He is all of that and then some. He and his cronies are doing a great job with the Benghazi thing too.... thank goodness for the lot of them.
Well, you know what they say?
Never bet against a trend.
Either bet with the trend or DON"T BET!
Never bet against a trend.
Either bet with the trend or DON"T BET!
It's decent now, but stock market has nothing to do with the economy. Still waiting on the self correction.
I trust your 401k is doing well and that's a good thing.
Unlike Obama's donors I am middle class and the only thing I have that see's the market is my 401K.
Gee, I thought all you republicans were invested in the market.
What is this jibberish you posted? Oh anf you posted about freddie mac...aren't Dems supposed to hate them because they helped with the housing collapse? Or is it just hate when they do something wrong?
Sorry real unemployment is 11.6% (March), up from 11.3% in Feb.
Sorry real unemployment is 11.6% (March), up from 11.3% in Feb.
http://www.bls.gov/
Job openings little changed at 3.8 million in March
There were 3.8 million job openings on the last business day of March, little changed from February. The hires rate (3.2 percent) and the separations rate (3.1 percent) were also little changed in March.
April payroll employment increases by 165,000; unemployment rate changes little (7.5%)
Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate was little changed at 7.5 percent. Employment increased in professional and business services, food services and drinking places, retail trade, and health care.
HTML | PDF | RSS | Commissioner's Statement
05/02/2013
Productivity grows 0.7% in 1st quarter 2013 (annual rate); unit labor costs rise 0.5%
05/01/2013
Gross job gains decrease and gross job losses increase from June 2012 to September 2012
05/01/2013
March jobless rates down over the year in 306 of 372 metro areas; payroll jobs up in 287
04/30/2013
Compensation costs up 0.3% December 2012-March 2013, and 1.8% over the year ending March
04/26/2013
Percent of families with an unemployed person at 10.5% in 2012, down from 11.5% in 2011
read more »
GEOGRAPHIC INFORMATION »
Latest Products
Products by State
Products by Subject
LATEST PRODUCTS FROM THE REGIONAL OFFICES:
New England:
Rockingham and Hillsborough counties reported employment gains of 1.5% and 1.0% from 3QTR 2011 to 3QTR 2012
New York-New Jersey:
http://www.bls.gov/
Job openings little changed at 3.8 million in March
There were 3.8 million job openings on the last business day of March, little changed from February. The hires rate (3.2 percent) and the separations rate (3.1 percent) were also little changed in March.
April payroll employment increases by 165,000; unemployment rate changes little (7.5%)
Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate was little changed at 7.5 percent. Employment increased in professional and business services, food services and drinking places, retail trade, and health care.
HTML | PDF | RSS | Commissioner's Statement
05/02/2013
Productivity grows 0.7% in 1st quarter 2013 (annual rate); unit labor costs rise 0.5%
05/01/2013
Gross job gains decrease and gross job losses increase from June 2012 to September 2012
05/01/2013
March jobless rates down over the year in 306 of 372 metro areas; payroll jobs up in 287
04/30/2013
Compensation costs up 0.3% December 2012-March 2013, and 1.8% over the year ending March
04/26/2013
Percent of families with an unemployed person at 10.5% in 2012, down from 11.5% in 2011
read more »
GEOGRAPHIC INFORMATION »
Latest Products
Products by State
Products by Subject
LATEST PRODUCTS FROM THE REGIONAL OFFICES:
New England:
Rockingham and Hillsborough counties reported employment gains of 1.5% and 1.0% from 3QTR 2011 to 3QTR 2012
New York-New Jersey:
http://www.bls.gov/
Yeah our economy is still in the dumps.
More people out of work then for the past 80 years or so. The true unemplyment number is over 12%. More people on government assistance. But hey stocks are up, so anyone with money to invest in stock might be doing good. Well that is until the market has a self correction.
But hey you can buy a lot with "Hope and Change" and "Forward"
More people out of work then for the past 80 years or so. The true unemplyment number is over 12%. More people on government assistance. But hey stocks are up, so anyone with money to invest in stock might be doing good. Well that is until the market has a self correction.
But hey you can buy a lot with "Hope and Change" and "Forward"
Boy that President Obama sure is a socialist, Marxists that is tanking our economy....
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