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President Obama to address the June economic situation at 10:35 a.m. Watch Here!

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President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Guest on Fri Jul 08, 2011 10:30 am

President Obama Speaks on Monthly Job Numbers

The White House


http://www.whitehouse.gov/live

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Jobless_in_Ma on Fri Jul 08, 2011 10:37 am

This is where the spin will come in.

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 10:53 am

YEP!!! J.I.M.. Yep, He'll make a big speech because of 1 month of a mildly positive news. like unemployment new claims dropped 14,000 and housing numbers improved. Hey! I BET the recession is over again! Its been over at least 4 times in the last 2 yrs... Doesn't he realize it takes month after month of sustained drop in unemployment and month after month of sustained growth. But he'll tout June that things has turned the corner and come Aug. or Sept. with seasonal layoff's whoop's!!!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 10:57 am

http://www.google.com/url?sa=t&source=web&cd=4&ved=0CDUQqQIwAw&url=http%3A%2F%2Fwww.washingtonpost.com%2Fbusiness%2Feconomy%2Feconomic-outlook-worsens-as-us-adds-only-18000-jobs-in-june%2F2011%2F07%2F08%2FgIQAL8lU3H_story.html&ei=LwwXTr_bLafv0gHq_KE3&usg=AFQjCNFQEJwuwXGcLiso43BJPVBoBu_ApQ


Hum! His speech will be interesting and compare his speech to this article ! This is going to be interesting!!! Hello Mr. President!!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:00 am

Oh! Unemployment is now 9.2% up .1%... depends which article you believe!!!


Last edited by exhaustedandtired/1208 on Fri Jul 08, 2011 11:05 am; edited 1 time in total

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:04 am

OK, In all fairness! Now this article says unemployment down to 9.0% trickled down as it says! And says June was Modest at best! Hum!!!

http://www.google.com/url?sa=t&source=web&cd=5&ved=0CDsQqQIwBA&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2011%2F07%2F07%2Fifr-preview-usa-idUSN1E7661LJ20110707&ei=LwwXTr_bLafv0gHq_KE3&usg=AFQjCNHYNwUaoYQol_8wBbD7qvWrH_gjpQ

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Guest on Fri Jul 08, 2011 11:04 am

exhaustedandtired/1208 wrote:Oh! Unemployment is now 9.2% up .1%...
That is EXTREMELY bad, especially for this time of year! It is tourist season and usually summer employment would make the rate go down. NOBODY is hiring! Not only do these number reflect the jobs situation, they reflect on the whole US economy! Serious stuff.

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Guest on Fri Jul 08, 2011 11:05 am

exhaustedandtired/1208 wrote:OK, In all fairness! Now this article says unemployment down to 9.0% trickled down as it says! And says June was Modest at best! Hum!!!

http://www.google.com/url?sa=t&source=web&cd=5&ved=0CDsQqQIwBA&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2011%2F07%2F07%2Fifr-preview-usa-idUSN1E7661LJ20110707&ei=LwwXTr_bLafv0gHq_KE3&usg=AFQjCNHYNwUaoYQol_8wBbD7qvWrH_gjpQ
IFR Preview-major US economic data for release July 8
That article was from yesterday and a preview of what they thought the numbers would be today. Just like ADP predicted 110,000 new jobs added in June.
lol!
The numbers I posted were released at 8:30 a.m. by the US Department of Labor, Bureau of Labor Statistics. I'll go by their numbers.


Last edited by DesperateInRI on Fri Jul 08, 2011 11:09 am; edited 1 time in total

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:08 am

Desp! This is why I get so agitated! Look at the two different articles... One is not so good and the other is modest at beat but isn't anything to write home about! But I am sure the Pres. speech will take the last article and blow it up to total success like we are totally stupid!
But as I say, If he had 4 5 or 6 mos. of steady good news where UE rate dropped and positive job growth of 200,000 each month, then that might be a recovery! Not because he says tings are great!! Oh well!!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:09 am

DesperateInRI wrote:
exhaustedandtired/1208 wrote:OK, In all fairness! Now this article says unemployment down to 9.0% trickled down as it says! And says June was Modest at best! Hum!!!

http://www.google.com/url?sa=t&source=web&cd=5&ved=0CDsQqQIwBA&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2011%2F07%2F07%2Fifr-preview-usa-idUSN1E7661LJ20110707&ei=LwwXTr_bLafv0gHq_KE3&usg=AFQjCNHYNwUaoYQol_8wBbD7qvWrH_gjpQ
IFR Preview-major US economic data for release July 8
That article was from yesterday and a preview of what they thought the numbers would be today. Just like ADP predicted 110,000 new jobs added in June.
lol!
The numbers I posted were released at 8:30 a.m. by the US Department of Labor, Bureau of Labor Statistics. I'll go by their numbers.


I understand, they're the one's that get doctored!!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:11 am

Desp! Where are the articles you posted.. I'd like to read and compare! As I said Depends on which one you believe!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Guest on Fri Jul 08, 2011 11:11 am

exhaustedandtired/1208 wrote:Desp! This is why I get so agitated! Look at the two different articles... One is not so good and the other is modest at beat but isn't anything to write home about! But I am sure the Pres. speech will take the last article and blow it up to total success like we are totally stupid!
But as I say, If he had 4 5 or 6 mos. of steady good news where UE rate dropped and positive job growth of 200,000 each month, then that might be a recovery! Not because he says tings are great!! Oh well!!!
1208, I never believe the "previews" anymore. Wait until the actual figures are released by the DOL - those are the ones that matter. I can't remember when any preview was anywhere near close to the actual figures.

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:12 am

http://www.google.com/url?sa=t&source=web&cd=5&ved=0CDsQqQIwBA&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2011%2F07%2F07%2Fifr-preview-usa-idUSN1E7661LJ20110707&ei=LwwXTr_bLafv0gHq_KE3&usg=AFQjCNHYNwUaoYQol_8wBbD7qvWrH_gjpQ



Hey, this is the IFR release!!! June 8th...Hum!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:14 am

Hey, Unemployment dropped .1%.. that means we all have found a job!!! LMAO

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:16 am

Oh! I linked this on my first comments.. Sorry, but this official DOL link says UE rose to 9.2% ....This is the official news, I guess!

http://www.google.com/url?sa=t&source=web&cd=1&ved=0CBwQFjAA&url=http%3A%2F%2Fwww.bls.gov%2Fbls%2Fnewsrels.htm&ei=3RAXTtLbK8ra0QH1guV1&usg=AFQjCNGCf6BKgQpc4qsWrrgKrOR6nD7IwA

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by ExhaustedinCA on Fri Jul 08, 2011 11:18 am

I just read this release from The Washington post that says only 18,000 jobs created in June and the UE rate rose to 9.2%. Here is the link...

http://www.washingtonpost.com/business/economy/economists-expect-hiring-improved-in-june-after-weak-may-unemployment-rate-likely-unchanged/2011/07/08/gIQASgf22H_story.html?wpisrc=al_national

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:19 am

Hum!!! Non farm employment (new jobs) was only 18,000 for June! WOW! Can't wait for pres. speech and hear his numbers!! I hope he got the memo. Or the DOL got the pres. memo!!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:20 am

exhaustedandtired/1208 wrote:Oh! I linked this on my first comments.. Sorry, but this official DOL link says UE rose to 9.2% ....This is the official news, I guess!

http://www.google.com/url?sa=t&source=web&cd=1&ved=0CBwQFjAA&url=http%3A%2F%2Fwww.bls.gov%2Fbls%2Fnewsrels.htm&ei=3RAXTtLbK8ra0QH1guV1&usg=AFQjCNGCf6BKgQpc4qsWrrgKrOR6nD7IwA


DOL data!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:21 am

WOW! It reads fewest jobs in 9 mos.. Can't wait for Mr. Obama's. But I may be surprised. He may own up to the not so good numbers and discuss more job creation plans. Anyway,, almost 10:30 EST.

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by exhaustedandtired/1208 on Fri Jul 08, 2011 11:49 am

http://money.cnn.com/2011/07/08/news/economy/june_jobs_report_unemployment/index.htm

More to read and compare to the pres. response!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Guest on Fri Jul 08, 2011 12:10 pm

This is not what I want to hear! All this stuff is going to take months - we need help NOW!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by stillnutty on Fri Jul 08, 2011 12:15 pm

RIGHT NOW we can throw a lifeline to those who have lost ALL, until we can create jobs, so they can SURVIVE. Where was this statement!!


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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by stansmad on Fri Jul 08, 2011 12:16 pm

WOW ! He must have a tee time to hurry to ! He left like his pants were on fire. Notice how he stutters so much without a teleprompter ? He avoids any thing that requires much thought. NO BALLS !!!!!!!!!!

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

Post by Guest on Fri Jul 08, 2011 12:20 pm

stillnutty wrote:RIGHT NOW we can throw a lifeline to those who have lost ALL, until we can create jobs, so they can SURVIVE. Where was this statement!!

My thoughts exactly Mad

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Re: President Obama to address the June economic situation at 10:35 a.m. Watch Here!

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