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More on the Celebration Over December’s Job Report

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More on the Celebration Over December’s Job Report Empty More on the Celebration Over December’s Job Report

Post by Guest Sun Jan 08, 2012 7:49 am

In short, a serious look at the December report does not provide much cause for celebration. The economy is still in very bad shape and the current growth path provides little hope for much relief any time soon. Economists should know this, but unfortunately few seem to pay much attention to the data. Remember the double-dip recession?
http://my.firedoglake.com/deanbaker/2012/01/07/more-on-the-celebration-over-decembers-job-report/

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Post by Marian Sun Jan 08, 2012 2:56 pm

It's kind of ridiculous with holiday shopping, etc., to look at December at all... Jump into January and then February and it's doubtful that those numbers will be worth "celebrating..."
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Post by superstevies Sun Jan 08, 2012 4:07 pm

What gets me the most is that, I don't argue that there jobs out there, but business's are still not willing to hire the LONG TERM UNEMPLOYED. Meaning people out of work for periods of time longer than a year. Also, older people 40+ seem to also being ignored when it comes to jobs.
When you see business's with want ad, that read only looking to hire people that are currently employed of unemployed for period of time less than 3 months, well that's just not acceptalbe.
So until CONGRESS & POTUS recognises this, the ECONOMY & JOBS will not keep growing enough to keep up this facade about the rebounding economy.
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Post by Guest Sun Jan 08, 2012 4:54 pm

I agree, Steve! The people who were hit first, and the worst, at the beginning of this great "recession" are still without jobs (or jobs that pay a living wage). Most are middle-aged, educated and experienced. I would love to see the ue stats for this group. It would probably be somewhere around 70% still unemployed (underemployed). I can't understand how the American people are so blind to this fact!

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Post by Marian Sun Jan 08, 2012 5:10 pm

They don't want to pay for people who have experience and education...the cheaper the labor comes they think is the better, but in the end they will get what they pay for...
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Post by tristen303 Mon Jan 09, 2012 4:37 am

Here's one that's better the numbers for the jobless and UE applying for benefits that they are bragging about will jump in Jan (as people will be filing) so what would happen if an extension for the 99ers went through.....hmmmmm.
It is so important for everyone to stand with them and demand benefits for them; soon all will be 99ers and either be forgotten or put in the position that both parties want...invisible report wise.

The Occupy movement is the only option and where we should get them to start protesting. I promise get them to start bringing this up and watch how fast legs. gets passed. Neither party wants the true numbers of jobless in an election year out in the open especially the number of 99ers.

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Post by jchapman Mon Jan 09, 2012 6:32 pm

I listened to some political radio show after last night's football game, & the host read that this report does not figure those that have exhausted all available unemployment benefeits, whether or not they're actively searching for work. If it did, the unemployment rate would be 11.4%.
It's all White House spin to get Obama re-elected.

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Post by tristen303 Thu Jan 12, 2012 4:28 pm

http://www.cnbc.com/id/45971438

let's see the mental midgets try and spin this

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More on the Celebration Over December’s Job Report Empty Novartis to cut almost 2,000 US jobs this year,in the US

Post by jculp49 Fri Jan 13, 2012 3:51 pm

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