March Jobs Report Below expectations
 

http://www.cnbc.com/id/102559510

The sputtering U.S. economy created just 126,000 jobs in March as bad weather, weak consumer spending and flailing corporate profits resulted in the worst report since December 2013.

However, the overall unemployment rate held steady at 5.5 percent, as a generational low in labor force participation helps keep the figure low.

What was that unemployment rate when your boy Bush left office?

http://www.politicususa.com/2014/10/...falls-5-9.html

Only an HR flack would complain about a historically low unemployment rate.

I don't know why Whell keeps posting crap like this. :confused:

Good morning, whell! You must be very happy.

A snapshot of one month doesn't mean shit, of course. The March employment figures are just the most recent in an unbroken string of positive job growth dating back to March 2010.

Meanwhile, your guy.........

Bush On Jobs: The Worst Track Record On Record

To supplement his income.

Yeah, there's that.

OMG, it's the end of the world! Americans are cannibalizing their young! Sodomites are raping Pizza shop owners in Indiana! There's chaos in the streets! Oh, please sweet Jesus, send Ted Cruz to save us!!!!!!!!!!

Dave

I imagine he views himself as a modern day Daniel in the lions den slaying those evil libruls with the jawbone of an ass -or- he's just got a bad case of Obama Derangement Syndrome. ;)

You're on fire Dave! :)

Well he is an ass and he does jawbone us to death. :)

Wow. 10 responses, and not one of them about the OP. Great job deflecting gents!

Cling baby, cling! :rolleyes:

Mine was.

Not before a predictable snide comment and an attempt to factor Bush into the discussion.

But, yours was the closest to a comment on the OP, so congratulations.

Meanwhile, back on topic:

http://news.yahoo.com/pace-us-hiring...--finance.html

In addition to reporting sluggish hiring for March, the government revised down its estimate of job gains in February and January by a combined 69,000.

The economy has disproportionately added lower-paying jobs in the retail and restaurant sectors since the economic recovery began in mid-2009. Adding jobs in the lowest-paid industries can suppress average hourly wages, even when employers are rewarding cashiers, waiters and sales clerks with pay bumps.

"Employers aren't laying people off," noted Patrick O'Keefe, director of economic research at the accounting and consulting firm CohnReznick. "What they've decided to do is slow down the pace at which they're hiring until they have more confidence."

If everything is so grand, what is it that employers have no confidence in?

Yaaaaaaawn.

This isn't the first thread you've started trying to blame the consequences of 30 plus years of right wing trickle down economic policies on the left. The last one was just a few weeks ago. Give it a rest dude. Nobody here is buying that crap.

Poor Whell, praying for America's economy to fail. On Good Friday, at that.
What is wrong with you, man?

Hope he doesn't get housemaids knee.

I prefer to think of it as a droll comment. Snide? Well, snide is something you're surpassingly good at so I don't try to compete.

And mentioning Bush? Well, mentioning the guy that got us in this mess is both appropriate and germane.

So, you lied then, right?

Monica sold him her kneepads.

"The sharp retreat in hiring last month to the slowest pace in more than a year reflects lost economic momentum in the U.S. — and may make the Federal Reserve more reluctant to start raising interest rates as early as June.
The Labor Department report Friday showing just 126,000 new jobs were added in March surprised analysts, who were expecting almost twice that number.
But neither did it raise alarm bells. Economists figured that cold weather and heavy snows exaggerated the decline and that hiring was bound to ease after unsustainable, heady job growth in some recent months.
The unemployment rate held steady at 5.5% and, in a sign that the job market is getting tighter, workers' average wages rose at a faster pace last month."

http://www.latimes.com/business/la-f...404-story.html

Bad news for headhunters. ;)

Whell probably wants the economy to tank so a Klown Kar Kandidate has a better chance next year.:rolleyes:

Tommy, Tommy, Tommy - all per-programed. Kindly point me to anywhere in this thread where I've blamed anyone for anything.

Yeah, I don't read your every post, so I guess in your world that means I lied. What a tool. :rolleyes:

By the way...."surpassingly". Is that even a read word. If so, wow, triple word score for you, John.

Oh...Oh. That's a joke. John made a funny. Didn't know you had it in you. Way to go!

Um, you mean the economy isn't in the tank?

Correctimundo. Only an blind ideologue, such as yourself, would characterize 60 plus months of positive job growth and a stock market almost tripling as in the tank. :rolleyes:

Don't you realize how ridiculous you look or is self awareness not your strong suit? :confused:

If the economy is in the tank we can blame upper management. Companies today no longer invest in R&D but use profits to buy back shares. Our stupid system of quarterly reporting and paying higher management in stock rather than cash has CEOs doing anything and everything to keep Wall Street happy, regardless of whether it is in the best interests of the company or not. Considering that Greenspan and Ryan are disciples of Ayn Rand it is no wonder that things are screwed up. That b***h took nearly a thousand pages to say what Gordon Gekko did in three words.

Whelly, Whelly, Whelly, Whelly, who do you think you're kidding?

Everybody here knows exactly what your agenda is.

It's as clear as day.

So the "blind ideologues" at CNBC look ridiculous to you too? From the linked article:

The jobs numbers come as both the economy and corporate profits have been weakening substantially.

In its most recently estimate, the Federal Reserve's Atlanta branch is projecting the U.S. economy to show just a 0.1 percent growth rate in the first quarter. At the same time, corporate profits are expected to drop about 3 percent for the period and another 2 percent or so in the second quarter, according to S&P Capital IQ.

I don't know what you're reading, but things aren't exactly humming along out there. Now, there may be underlying reasons for this:

"We were due a clunker," said John Canally, chief economic strategist at LPL Financial. "It's probably the same things that are going to be impacting the earnings season in a couple weeks. It's the strong dollar hitting manufacturing, the port strike hitting manufacturing, it's the really awful weather...But across all sectors, it was just pretty soft."

So, this might simply be the hard numbers catching up with expectations. Or....

Not according to what you quoted above.

You do realize that all of the quotes in this thread are from the same CNBC article, right?

I realize that they came to your inbox as emails from the organization that pays you to post on the net.

Yes.

And?

I got news fer ya - CNBC doesn't pay a dime.

...and if you were attempting to make a point, I have no idea what it is.

Think about it. It should be clear enough, even for you.

March Jobs Report Below expectations

clearly the GOP will break out the champagne

it's great news for folks who put party ahead of country or fellow countrymen