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Swim Scrivener
Jingai
Posts: 55,116
Registered: ‎12-07-2006

June Jobs report

 

 The official report.

 

  The U3 rate of unemployment remained unchanged, at 8.2%.

A total of 80,000 new private sector jobs were added, however 25,000, roughly 30% were temporary.

In actuality, the economy only added 55,000 new jobs. No wonder the President is so determined to run

on anything and everything except his record.

 

  Reviewing the trends show a dramatic drop in job creation from the beginning of the year to now.

This is not an isolated trend, the GDP rate has also been contracting. In broad terms, it means that

the American Recovery and Reinvestment Act has, predictably, failed to provide the necessary economic

stimulus to sustain growth.

 

  A closer look shows that the U3 number has remained above 8% for the duration of President Obama's first term.

African American unemployment is now a staggering 14.4%.

Long term unemployment, those seeking jobs for more than 27weeks, is 41.9% of the total unemployed. These

people cannot find work because there are no jobs being created. Where are all the shovel ready jobs?

 

   Breaking down jobs by sector, the one bright spot, manufacturing, produced another 11,000 jobs.

Of course, that is nothing compared to the 41,000 it was averaging during the first quarter of 2012.

A drop of almost 75% from one quarter to the next.

 

  Three months in a row of job growth under 100,000. The President is out bragging about this. He should

be out apologizing to America for it instead.

  

 

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SwimNerd
OOPSIE2DAY
Posts: 121
Registered: ‎07-07-2012
0

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

Do you tag your own posts with "LNYHBT"?

SwimStar
aeternus_flammeus
Posts: 6,008
Registered: ‎06-23-2006

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

http://www.quickmeme.com/meme/3q18tl/

Weak job growth in Q2 is a direct result of stronger numbers from Q1 driven by a warmer than expected winter. When you pair that with continuing problems in Europe, it's clear that making this a partisan issue is just weaksauce.
Swimmortal
Iowa_CubsFan
Posts: 32,730
Registered: ‎07-07-2005
0

Re: June Jobs report

Reply to aeternus_flammeus - Message ID#: 65448424

Yeah it is totally our fault Europe is stupid.

Sigh
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devilham007
Posts: 2,608
Registered: ‎01-21-2011
0

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

blah blah blah...get a job!

RRRRRR!!
The_Pirate-King
Posts: 65,239
Registered: ‎01-31-2006
0

Re: June Jobs report

[ Edited ]

Reply to OOPSIE2DAY - Message ID#: 65448364


OOPSIE2DAY wrote:

Do you tag your own posts with "LNYHBT"?


Yeah, he's been doing that for a while now. I have no idea what it means.
We're all in it together, kid.
SwimStar
DoseOfLaughter
Posts: 5,957
Registered: ‎07-14-2011
0

Re: June Jobs report

Reply to The_Pirate-King - Message ID#: 65450244

It means let not your heart be troubled


It seems to be a popular anti-Obama saying on Twitter, because people seem to be under the impression that Romney's going to get elected.


https://twitter.com/search?q=%23LNYHBT
SwimStar
crimsonbullet
Posts: 6,566
Registered: ‎04-01-2004

Re: June Jobs report

[ Edited ]

Reply to Jingai - Message ID#: 65448302

Why should he be apologizing? He isn't given the power to strong arm corporations into hiring people they don't want when they're making record profits with the people they already have.

Now if he'd funded several major public works and hadn't hired a single person for them yet, well yes then he should be apologizing.

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SwimSuperfan
Crapshot3
Posts: 4,042
Registered: ‎04-18-2012

Re: June Jobs report

[ Edited ]

Reply to OOPSIE2DAY - Message ID#: 65448364


OOPSIE2DAY wrote:

Do you tag your own posts with "LNYHBT"?


yes, because he is part of the racist anti intellectual anti science anti semetic anti gay anti muslim cult that sean hannity has started.

 

basicly if you have any veiw that is not hard christian right and think the rich in this country have it unfairly good you are the bad guy and must be punished

 

it is kind of what glenn beck tried to do but so much more racist and anti intellectual

SwimNerd
OOPSIE2DAY
Posts: 121
Registered: ‎07-07-2012

Re: June Jobs report

Reply to The_Pirate-King - Message ID#: 65450244


The_Pirate-King wrote:

OOPSIE2DAY wrote:

Do you tag your own posts with "LNYHBT"?


Yeah, he's been doing that for a while now. I have no idea what it means.

It stands for "Let Not Your Heart Be Troubled."

 

It's what Sean Hannity says at the end of his show every day.

 

I thought someone was tagging his posts with that to troll him.

 

But this is far, far more hilarious.

Swimmortal
westpark
Posts: 59,269
Registered: ‎10-26-2005
0

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

Black employment is worse than that, black males under 30 have a 50% unemployment rate. The govt numbers, prob. even the u6 are undercounted significantly. If the govt admitted how bad the problem was they'd actually have to do something about it besides more tax cuts for companies sending jobs & money to Asia & token tax credits that don't matter anyway.

 

We need more jobs, less military spending.

WESTPARK THE KING OF ASMB

"westpark ran a train on this thread" - Stilgar

"Every woman needs a good slap now & again." - Sir Sean Connery
SwimNerd
OOPSIE2DAY
Posts: 121
Registered: ‎07-07-2012

Re: June Jobs report

[ Edited ]

Reply to crimsonbullet - Message ID#: 65450404


crimsonbullet wrote:

Why should he be apologizing? He isn't given the power to strong arm corporations into hiring people they don't want when they're making record profits with the people they already have.

Now if he'd funded several major public works and hadn't hired a single person for them yet, well yes then he should be apologizing.


Well the GOP's strategy all along was to throw every wrench in every gear possible and then blame Obama for the machine running slow.  It's why no one waltzed into this thread taking it seriously.

 

My only interest was in the tagging thing.  I thought it was someone being ironic.  I keep mistaking conservative derangement with irony anymore.  It's so stupid at this point it can easily be mistaken for Carlinesque satire.

SwimStar
DoseOfLaughter
Posts: 5,957
Registered: ‎07-14-2011
0

Re: June Jobs report

Reply to OOPSIE2DAY - Message ID#: 65450480

It's definitely him doing it to himself: http://boards.adultswim.com/t5/tag/LNYHBT/tg-p
Swimmortal
westpark
Posts: 59,269
Registered: ‎10-26-2005
0

Re: June Jobs report

Reply to crimsonbullet - Message ID#: 65450404


crimsonbullet wrote:

Why should he be apologizing? He isn't given the power to strong arm corporations into hiring people they don't want when they're making record profits with the people they already have.

Now if he'd funded several major public works and hadn't hired a single person for them yet, well yes then he should be apologizing.


This. But fat chance Obama can get a serious New Deal type thing thru this corporate bought Congress.

WESTPARK THE KING OF ASMB

"westpark ran a train on this thread" - Stilgar

"Every woman needs a good slap now & again." - Sir Sean Connery
Order of the Kitty
Master-Debater131
Posts: 57,192
Registered: ‎06-20-2005
0

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

This is what, the 3rd horrible jobs report in a row?

All signs say that things are going to stay the same or get worse than this one to. Thats horrible.


The man has failed and his economic "policies" have destroyed any hope at a recovery. Obamacare crippled it even further.

We should be humming right along right now but instead we have no growth at all. People are rightly saying that we are starting to dip into another recession.

He needs to be replaced ASAP if we ever have hope of getting jobs. As long as he is in the White House the jobs just arent going to appear.

(╯°□°)╯︵ ┻━┻

Socialism is great until you run out of other peoples money. Just ask Greece
Ive got a lovely bunch of coconuts
SwimStar
DoseOfLaughter
Posts: 5,957
Registered: ‎07-14-2011
0

Re: June Jobs report

Reply to Master-Debater131 - Message ID#: 65450620

I didn't think it was possible for my migraine to get any worse. But, here you are. Making it worse.
SwimSuperfan
Crapshot3
Posts: 4,042
Registered: ‎04-18-2012
0

Re: June Jobs report

[ Edited ]

Reply to DoseOfLaughter - Message ID#: 65450624

they are just friends on facebook or something who think they are witty. to bad the jokes on them, following a racist anti semetic anti intellectual doosh like sean hannity.

 

they think they are being cheeky but all that is happening is we are seeing them follow a truly horrible/racist person,

 

not that I am calling them any of these things, but they are following a guy who glorifies these things, so one has to wonder

 

SwimNerd
OOPSIE2DAY
Posts: 121
Registered: ‎07-07-2012

Re: June Jobs report

Reply to Crapshot3 - Message ID#: 65450638

A George Will or Edmund Burke quote I could understand.  But Hannity, really?  And you expect people to subsequently take you seriously? 

 

It's never a good thing when people can't tell if you're joking anymore.

Squire
NaBraniel
Posts: 29,612
Registered: ‎11-26-2004

Re: June Jobs report

[ Edited ]

Reply to Jingai - Message ID#: 65448302

The economic recovery is moving at a slow clip -- better revert to the policies of the previous leadership which spawned such a bad situation to begin with.

These specific numbers are less than thrilling -- Democrats had their chance at creating jobs, back to the party that lost millions of them.

SwimStar
cobrasks
Posts: 4,723
Registered: ‎08-02-2003
0

Re: June Jobs report

[ Edited ]

Reply to Jingai - Message ID#: 65448302

I know everyone here is out to blame the other side   but the current situation is the fault of BOTH parties .

 

It's not just the fault of 1 or 2 presidents over the last decade but the result of decades of bad decisions by

both parties in congress as well as the white house .

 

Let's take a real look at the last few decades .

 

 

Between EPA regulations ,taxes, and a lack of tort reform businesses have outsourced .

 

Keep blaming the rich all you want .  The politicians made it happen .

 

We could have helped the world with real workable solutions to protect the environment

while keeping our manufacturing but instead the EPA's no mercy policies made pollution

worse by sending it where there are NO regulations .

 

Illegal immigration was and is a serious problem .

Instead of doing something about it the Dems want more votes and the Republicans

want the Corporations to have cheap labor .  So they did little more then pony

shows to act like real action was being taken .

As a result working class wages have been stagnant for decades  while inflation rises .

 

Meanwhile the severity of the situation is made fun of by the clueless that simply say

"Dey took our jobs" with no ideaof  how badly the demand for labor has been damaged

in EVERY industry as a result .

 

 

More and more VISAs are bing approved by our government for trained foreign

professionals to do jobs for American companies within our borders at cut rates

that Americans that are paying for student loans could never make a living on .

Making it pointless to seek an education for those positions .

 

All this while taxes have been going up ( Through fees if not wage tax )  .

 

Now they want to tax the rich even more and an increasing amount of them are

taking their wealth and leaving the country .

Without enough wealthy to invest -there can be no recovery .

 

 

It's a perfect recipe for our economy to be driven into the ground and BOTH

parties are to blame .

 

 

Everyone just keeps squabbling over the little stuff and ideology  while

ignoring what must be done .     :smileyindifferent:

Order of the White Lotus .
Molon Labe !
Swimfamous
Posts: 16,830
Registered: ‎02-09-2004
0

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

i live in the county with the lowest unemployment rate in my entire state. we're at 4% or something. i will let you guess as to the cause for such low unemployment figures, the public sector or the private.

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MrD1718
Posts: 23,617
Registered: ‎01-20-2004

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

Only in America would adding jobs be a bad thing.

Yay politics!
SwimSuperfan
Crapshot3
Posts: 4,042
Registered: ‎04-18-2012
0

Re: June Jobs report

Reply to cobrasks - Message ID#: 65451632

sorry, but enviromental regulations is not petty squabbeling, especially when you have a condition where enviromental factors actively hurt you.

SwimSuperfan
AlternatePeanutcat
Posts: 2,334
Registered: ‎04-27-2012
0

Re: June Jobs report

Reply to Jingai - Message ID#: 65448302

Um, as long as we're not losing jobs, we're fine.

RULES FOR THE CAT: The cat is not allowed on the furniture.

Alright, the cat can go on the furniture, but NOT the kitchen counter.

OK, the cat can go on the kitchen counter, too, just not when I'm preparing food. Deal?

Fine . . . the cat can go wherever it wants, whenever it wants, as long as it doesn't swat me in the face at 5:30 in the morning demanding to be fed.

The cat will be fed at 5:30 in the morning.
SwimSuperfan
AlternatePeanutcat
Posts: 2,334
Registered: ‎04-27-2012
0

Re: June Jobs report

Reply to DoseOfLaughter - Message ID#: 65450316


DoseOfLaughter wrote:
It means let not your heart be troubled


It seems to be a popular anti-Obama saying on Twitter, because people seem to be under the impression that Romney's going to get elected.


https://twitter.com/search?q=%23LNYHBT

Oh, a twit meme . . . . . :smileyvery-happy:

RULES FOR THE CAT: The cat is not allowed on the furniture.

Alright, the cat can go on the furniture, but NOT the kitchen counter.

OK, the cat can go on the kitchen counter, too, just not when I'm preparing food. Deal?

Fine . . . the cat can go wherever it wants, whenever it wants, as long as it doesn't swat me in the face at 5:30 in the morning demanding to be fed.

The cat will be fed at 5:30 in the morning.