Job market continues to show signs of life

www.msnbc.com...

It is government jobs that are being lost or not created not private sector. Many people thought that having a progressive president would result in more government jobs and less private. According to the latest job report the facts speak loudly and differently. More private sector jobs seem to be available vs. government.

The latest evidence seems to suggest the latter. In fact, the new report from Bureau of Labor Statistics shows the U.S. economy added 192,000 jobs in March, roughly in line with economists’ expectations. The unemployment rate remained the same at 6.7%. For the second consecutive month, public-sector layoffs did not drag down the overall employment figures. Though jobs reports over the last few years have shown monthly government job losses, in March, the private sector added 192,000 while the public sector broke even. That could be a whole lot better, but at least it wasn’t a negative number.

reply to post by Skymon612


Since 2000 the US economy via outsourcing,the financial crisis,and loss in manufacturing has shed 16000 000 real jobs,76.7 per cent of your 8 million jobs are part time or minimum wage-How to lie with Stastics is a well read book by your Government

reply to post by Skymon612


You really can't trust anything you read...everything is hyper inflated...after looking at your threads/responses it would be hard to tell you otherwise seeing that you are a die hard Obama supporter...hard to be objective when you are drinking from the same well...

This is more MSNBC propaganda...it's another case of Obama's unemployment numbers vs. real unemployment. So many people have simply left the labor market and live with their parents or take the now acceptable welfare/foodstamp/obamaphone route.

Skymon612
www.msnbc.com...

It is government jobs that are being lost or not created not private sector. Many people thought that having a progressive president would result in more government jobs and less private. According to the latest job report the facts speak loudly and differently. More private sector jobs seem to be available vs. government.

The latest evidence seems to suggest the latter. In fact, the new report from Bureau of Labor Statistics shows the U.S. economy added 192,000 jobs in March, roughly in line with economists’ expectations. The unemployment rate remained the same at 6.7%. For the second consecutive month, public-sector layoffs did not drag down the overall employment figures. Though jobs reports over the last few years have shown monthly government job losses, in March, the private sector added 192,000 while the public sector broke even. That could be a whole lot better, but at least it wasn’t a negative number.

It's not called "jobs growth" in my book. It's called jobs recovery and we're not anywhere near back where we should be. In addition, the actual unemployment numbers are at least twice what you reported. I include people earning much less than they did - as in a blue color guy who now has to work at Home Depot or Walmart. Believe the number if you want. All one has to do is look at retail sales numbers, look at restaurant receipts and any other kind of discretionary spending to see this is a big fail so far. The restaurants here in Brooklyn, that always had a wait at the door are now walk in and sit. I can imagine other places around the country, that are less populated, must really be hurting.

Edit: I just looked up U6 and it's 12.7%. That's a real number.

We had a good employment run in the early and mid 00's.

Until the Global NWO ultra-Progressives invaded Congress starting in Jan 2007 and kick-spurted the financial crisis.

Now they still can't seem to get it back (by choice) and they have successfully stagnated the economy.

I like how all the fox bots run in here to explain it away. You would think if the economy were getting worse that the numbers would reflect that, but they don't. Look at indicators from unemployment to housing start ups and an unbiased person would note that things have improved since Obama was elected, last I checked, the economy didn't loose 750,000 jobs like it did in Jan 09.

For comparison table leveling purposes.....

here's the latest BLS report.

THE EMPLOYMENT SITUATION -- MARCH 2014


Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate
was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today.
Employment grew in professional and business services, in health care, and in mining
and logging.

Household Survey Data

In March, the number of unemployed persons was essentially unchanged at 10.5 million,
and the unemployment rate held at 6.7 percent. Both measures have shown little movement
since December 2013. Over the year, the number of unemployed persons and the unemployment
rate were down by 1.2 million and 0.8 percentage point, respectively. (See table A-1.)


BLS report

xuenchen
We had a good employment run in the early and mid 00's.

Until the Global NWO ultra-Progressives invaded Congress starting in Jan 2007 and kick-spurted the financial crisis.

Now they still can't seem to get it back (by choice) and they have successfully stagnated the economy.

The holes in you narrative are very imaginative.

I will bet you a grand that Obama's replacement won't have 750,000 jobs lost in her first month in office.

Oh and like how your charts only go to 2010.

Probably because the new charts would make you look foolish.

Is it just me, or does it seem like every election cycle somebody comes along and tries to convice ATS members that there is a difference between Republicans and Democrats? We get fed a steady diet of these guys are good and those guys are bad, but as long as an R or a D is elected the important things never change. The gap between the rich and the poor just gets wider. Spying and torture continue. Congress and the Supreme Court continue to erode what few rights we have left. People continue to lose their jobs, their homes, their freedoms, and their lives. And all the country's problems get blamed on the "other side."

But we keep putting Republicans and Democrats in office, because voting for another party would be "crazy."

reply to post by spurgeonatorsrevenge


By all means....

show us.

Obama can't get that U3 down to under 5%.

Why ????

49 months of 'job growth' eh ?

That was right around the time them evil Republicans were put in charge of the house.

And Obama gets 'credit '

LOL wow.

There are always job increase articles, every year around this time... It is called seasonal employment. Lawncare and construction starts back up now.
I'll predict around Thanksgiving we will have an increase also as every year for the Christmas season.

xuenchen
We had a good employment run in the early and mid 00's.

Until the Global NWO ultra-Progressives invaded Congress starting in Jan 2007 and kick-spurted the financial crisis.

Now they still can't seem to get it back (by choice) and they have successfully stagnated the economy.

How many times do you have to be told that 09 is still bush's baby not Obamas. Anything Obama starts doesn't start until December of 09.

neo96
49 months of 'job growth' eh ?

That was right around the time them evil Republicans were put in charge of the house.

And Obama gets 'credit '

LOL wow.

The president always takes credit when something goes good and always takes the blame when something goes bad.

reply to post by buster2010


LOL

I said it was the Congress.

Bush had a gun to his head by Harry and Nancy and the Steam Engineers.

And anyway, why would Bush go through all that trouble to get the U3 down to 4.4% and then tank it?

I'd like to see how they did that.

xuenchen
reply to post by spurgeonatorsrevenge

 

By all means....

show us.

Obama can't get that U3 down to under 5%.

Why ????

The world is still turning isn't it? By my count there is over 30 glorious months to go and at this current rate we will dip under 5% just in time for Jeb to screw it all up again!

We are talking the Real Unemployment Numbers aren't we?

The unemployment rate number people talk about and analyze every time the new jobs numbers come out — such as the 6.7 percent rate reported Friday morning — is not the “real” unemployment rate.

While some (we’re looking at you, Donald Trump) argue that joblessness is vastly higher than the Labor Department reports, a more routine critique is that it would be better to focus on one of the government’s own, broader measures of unemployment. It is known as U-6, the most widely defined form of unemployment out of six Bureau of Labor Statistics classifications. It was 12.7 percent in March, up from 12.6 percent in February but down from 13.8 percent a year ago.

(The more widely reported joblessness number is known formally as U-3. Economic data hipsters are free to explain their own preference for the little-watched U-4 or U-5 in the comments.)

The people who count as unemployed for purposes of U-6 include all those unemployed under the conventional definition, but also people who say they have given up looking for work out of frustration with the economy and people who are working at a part-time job but would prefer full-time work. It’s not necessarily more “real” than the regular unemployment rate; it’s just capturing different things.

That gap was 3.8 percentage points right before the recession began at the start of 2008, and peaked at 7.3 percentage points in both 2010 and 2011. In March it was 6 percentage points — actually widening a bit from February, as U-3 was unchanged and U-6 ticked up.

Real Unemploment Rates
Notice how the U-6 Ticked Up,,, Not Down, more people have just giving up trying to find meaningful employment, all their finding is part time, 30 hours a week or less, Now Way Is That?

So if the economy is doing so well, and the unemployment numbers are so low, then why is the Fed still pumping 85 billion into the Market every month?

reply to post by beezzer


...And what Type of Jobs are being Created in this Economy ? Service Jobs , Temp Positions , Manual Labor Jobs . What about Skilled Trade Jobs ? Company Executive Jobs ? Manufacturing Jobs ? You just don't see Jobs that Pay enough to Support a Family by the Sole Head of a Household anymore .