US Adds 161,000 Jobs, Unemployment 4.9%

[finnbow]

Originally Posted by BlueStreak

This is why both Romney and Trump could claim they would have economic recovery on day one, if elected...........

Because they both planned to steal credit. That's been part of the Republican trick since St. Ronnie claimed credit for hostage release on inauguration day. Republicans are simply scumbags who've legitimized their scumbaggery.

Indeed. Romney promised results in terms of unemployment, the stock market and gasoline prices that have been dwarfed by Obama's actual results.

[whell]

The raw job add numbers have never told the whole story.

http://money.cnn.com/2016/11/04/news...s-under-obama/

The U.S. has had the longest streak of job growth under Obama. For 73 straight months, the U.S. has added jobs. But as CNNMoney has pointed out before, the total job gains under Obama are far fewer than under Presidents Reagan and Clinton. The question is, how good are those jobs?

All the net job gains under President Obama have been in the private sector. Government jobs have actually declined by 341,000 since February 2009 (the first full month Obama was in office). That said, the government jobs that were lost were all at the state and local level.

The bottom line is: Almost all of the job gains under President Obama have been in so-called service jobs, such as those in Silicon Valley and consulting. Others are the low-end jobs, toiling in stores and restaurants.

Brusuelas found that 47% of the jobs created since January 2010 (he argues that's when you start to see the effects of Obama's policies) have been in the high-wage category.

...and those Silicon Valley folks continue to lobby for increased immigration. Lots of articles out there about how a good chunk of those Silicon Valley jobs have gone to "foreign born" workers.

Good for them, I guess, but it suggests that whatever recovery in jobs we may behaving is not necessarily benefiting those who were working in decent paying jobs before the "great recession". So the idea that this jobs growth is "good news for main street" probably rings hollow to the folks on main street.

[bobabode]

Originally Posted by whell

The raw job add numbers have never told the whole story.

http://money.cnn.com/2016/11/04/news...s-under-obama/

The U.S. has had the longest streak of job growth under Obama. For 73 straight months, the U.S. has added jobs. But as CNNMoney has pointed out before, the total job gains under Obama are far fewer than under Presidents Reagan and Clinton. The question is, how good are those jobs?

All the net job gains under President Obama have been in the private sector. Government jobs have actually declined by 341,000 since February 2009 (the first full month Obama was in office). That said, the government jobs that were lost were all at the state and local level.

The bottom line is: Almost all of the job gains under President Obama have been in so-called service jobs, such as those in Silicon Valley and consulting. Others are the low-end jobs, toiling in stores and restaurants.

Brusuelas found that 47% of the jobs created since January 2010 (he argues that's when you start to see the effects of Obama's policies) have been in the high-wage category.

...and those Silicon Valley folks continue to lobby for increased immigration. Lots of articles out there about how a good chunk of those Silicon Valley jobs have gone to "foreign born" workers.

Good for them, I guess, but it suggests that whatever recovery in jobs we may behaving is not necessarily benefiting those who were working in decent paying jobs before the "great recession". So the idea that this jobs growth is "good news for main street" probably rings hollow to the folks on main street.

Meanwhile Republican'ts stymied any policies, such as infrastructure spending that would've helped. Lot's of good paying blue collar jobs in infrastructure but since it would've been a feather in this president's cap they refused to even give it a vote.
Face it Whell, your party of no puts itself ahead of what's good for the country. Every. Time.

[Tom Joad]

Originally Posted by bobabode

Meanwhile Republican'ts stymied any policies, such as infrastructure spending that would've helped. Lot's of good paying blue collar jobs in infrastructure but since it would've been a feather in this president's cap they refused to even give it a vote.
Face it Whell, your party of no puts itself ahead of what's good for the country. Every. Time.

Yep. The Republicans give the Oligarchy 100% of what they want and the Democrats only give them 95%.

Go Dems!

[CarlV]

Originally Posted by bobabode

Meanwhile Republican'ts stymied any policies, such as infrastructure spending that would've helped. Lot's of good paying blue collar jobs in infrastructure but since it would've been a feather in this president's cap they refused to even give it a vote.
Face it Whell, your party of no puts itself ahead of what's good for the country. Every. Time.

That's a fact, Jack.

Carl

[whell]

Originally Posted by bobabode

Meanwhile Republican'ts stymied any policies, such as infrastructure spending that would've helped. Lot's of good paying blue collar jobs in infrastructure but since it would've been a feather in this president's cap they refused to even give it a vote.
Face it Whell, your party of no puts itself ahead of what's good for the country. Every. Time.

...and then Obama admitted there were no "shovel ready jobs" after throwing more money than the GNP of most countries at those jobs. Nice try Bob.

[bobabode]

Originally Posted by whell

...and then Obama admitted there were no "shovel ready jobs" after throwing more money than the GNP of most countries at those jobs. Nice try Bob.

Do you make it up as you go along or do you get these fallacious arguments downloaded straight into your amygdala, Mike?

[Boreas]

Originally Posted by bobabode

Do you make it up as you go along or do you get these fallacious arguments downloaded straight into your amygdala, Mike?

Thousands of years ago, the reptilian beings [from the constellations Orion, Sirius, and Draco] intervened on planet Earth and began interbreeding with humans. Not physically, however, but rather through the manipulation of the human coding, or DNA. Icke states that it is no coincidence that humans have fundamental reptilian genetics within their brain.

Whatever. The point being that it is easy to tell when you have or someone you know has been possessed by a reptile from outer space.

They vote Republican.

http://www.theatlantic.com/national/...rnment/354496/

[whell]

Originally Posted by bobabode

Do you make it up as you go along or do you get these fallacious arguments downloaded straight into your amygdala, Mike?

What are you accusing me of "making up", Bob? You don't think that Obama admitted that there really were no "shovel ready jobs"? Here, let me help you out:

http://www.cbsnews.com/news/obama-no...eady-projects/

Or was it the comment about the stimulus being larger than the GDP of some countries? I can help you with that, too, referencing the most recent IMF data:

Rank / Country / GDP in Millions of USD

141 Rwanda 8,341
142 Haiti 8,259
143 Niger 7,566
144 Guinea 6,754
145 Moldova 6,650
146 Tajikistan 6,612
147 Kosovo 6,560
148 Kyrgyzstan 5,794
149 Malawi 5,474
150 Eritrea 5,352
151 Mauritania 4,718
152 Fiji 4,556
153 Togo 4,520
154 Barbados 4,473
155 Sierra Leone 4,289
156 Montenegro 4,242
157 Suriname 4,137
158 Guyana 3,456
159 Swaziland 3,430
160 Maldives 3,270
161 Burundi 2,742
162 South Sudan 2,628
163 Timor-Leste 2,501
164 Liberia 2,168
165 Bhutan 2,085
166 Djibouti 1,894
167 Lesotho 1,806
168 Central African Republic 1,782
169 Belize 1,770
170 Cabo Verde 1,684
171 San Marino 1,556
172 St. Lucia 1,439
173 Seychelles 1,419
174 Antigua and Barbuda 1,303
175 Solomon Islands 1,218
176 Guinea-Bissau 1,168
177 Grenada 1,028
178 St. Kitts and Nevis 955
179 The Gambia 886
180 Samoa 876
181 Vanuatu 773
182 St. Vincent and the Grenadines 766
183 Comoros 622
184 Dominica 524
185 Tonga 430
186 São Tomé and Príncipe 351
187 Federated States of Micronesia 325
188 Palau 296
189 Marshall Islands 188
190 Kiribati 166
191 Tuvalu 32

https://en.wikipedia.org/wiki/List_o...y_GDP_(nominal)

Or were you just blowing smoke out your @$$?

[Pio1980]

Even so, beats being unemployed, and the money earned is just as fungible. It's not a contracted commitment like marriage, You can move on as opportunity presents.


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