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UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!

 
Luisport

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12/07/2012 08:43 AM

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UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%) [link to read.bi]

11 minBusiness Insider‏@businessinsider

HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k) [link to read.bi]
Luisport (OP)

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12/07/2012 08:44 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

U6 UNEMPLOYMENT 14.4% (Prev. 14.6%) [link to read.bi]

11 minBusiness Insider‏@businessinsider

OCT NONFARM PAYROLLS REVISED DOWN TO 138k (Prev. 171k) [link to read.bi]

12 minBusiness Insider‏@businessinsider

PRIVATE PAYROLLS +147k (Est. 90k) [link to read.bi]
Anonymous Coward
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12/07/2012 08:45 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
US economy seems to be doing better.

Price of gold dropped 10$ in 15 minutes after this news came out.
Anonymous Coward
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12/07/2012 08:45 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
WTH?

Just saw a report couple days ago it was at 8.5
Anonymous Coward
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12/07/2012 08:47 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
labor force participation rate which declined
by 0.2% to 63.6% once again, as the number of people out of the labor increased by over 540K to 88,883,000.

[link to www.zerohedge.com]
Luisport (OP)

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12/07/2012 08:48 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

FUTURES JUMP AFTER JOBS REPORT by @bySamRo [link to read.bi]
Luisport (OP)

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12/07/2012 08:52 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Futures: /quotes/zigman/6484429 S&P 500 +0.6%/quotes/zigman/7578489 DOW +0.6%/quotes/zigman/6485202 NASDAQ +0.7%
Luisport (OP)

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12/07/2012 08:52 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
anaanaanaana
Luisport (OP)

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12/07/2012 08:53 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
zerohedge‏@zerohedge

Retail jobs+ 53k, Hospitality and Leisure: +23K; Administrative and Waste Services: +23K

15 minzerohedge‏@zerohedge

People out of labor force rises by 540K from 88,341 to 88,883
Anonymous Coward
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12/07/2012 08:56 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
These numbers are probably off, but who am I to say.

Hopefully they are right :D
Luisport (OP)

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12/07/2012 09:02 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

Economist Who Nailed Today's Jobs Number Explains Why We Should Get Too Excited by @bySamRo [link to read.bi]
Anonymous Coward
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12/07/2012 09:10 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
10 men working 4 hours per week
1 man working 40 hours per week

same number of hours done by 10 times the men.....

hmmm.......
Anonymous Coward
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United States
12/07/2012 09:24 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Just the other day MSNBC said that companies weren't hiring now because of the uncertainty of the Fiscal Cliff and the coming Obama Care.......Must be all the mindless temp workers they are hiring for the holidays to sell their junk and shit at the malls....
Anonymous Coward
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12/07/2012 09:29 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Just the other day MSNBC said that companies weren't hiring now because of the uncertainty of the Fiscal Cliff and the coming Obama Care.......Must be all the mindless temp workers they are hiring for the holidays to sell their junk and shit at the malls....
 Quoting: Anonymous Coward 22659898


we are a nation of temporary and part-time workers now in the UK.
Then they top the wages up with tax credit, this lowers the companies 'per hour wages' for the worker.......then the government will reduce then withdraw the tax credit system (happening now).....then the corporates are using cheap (mainly foreign & young) workers, giving them no benefits or contracts etc.....
then they get rid of most of the benefit system.....
then we are back to the 1800's.....as per TPTB plan...
Anonymous Coward
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12/07/2012 09:31 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
350,000 had the 'unemployment benefit NIPPLE' jerked out of their nouths, last month! Nice spin, OP...guess you're nipple-fed, too?
Luisport (OP)

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12/07/2012 09:32 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

CHART OF THE DAY: THE SCARIEST JOBS CHART EVER [link to read.bi]
Anonymous Coward
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12/07/2012 09:32 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Just admit that socialist policies work, fuckers.

ohyeah

Your excuses are getting old and tiresome.
abeliever

User ID: 17868616
United States
12/07/2012 09:35 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%) [link to read.bi]

11 minBusiness Insider‏@businessinsider

HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k) [link to read.bi]
 Quoting: Luisport



Good morning Luis!

The thing about the unemployment rate is that those numbers only reflect those reporting to collect unemployment compensation.

What is missing in that data are all those who cannot collect because their time has run out for the amount of time allowed to collect unemployment compensation. In addition to that, those who are jobless and unable to qualify for compensation are not reflected in the data.

People need to be aware of exactly what is being reflected in any given statistics.

bump

for your never ending dedication in keeping us aware of things, Luis!
Anonymous Coward
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12/07/2012 09:35 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Thats just what they want you to believe
Just more doctored numbers
You only need to look around you to know the real truth



bsflag
abeliever

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12/07/2012 09:36 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Just admit that socialist policies work, fuckers.

ohyeah

Your excuses are getting old and tiresome.
 Quoting: Anonymous Coward 27800002


You are hoping it does, but in effect it is not reflective of the actual reality of the situation.
Luisport (OP)

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12/07/2012 09:37 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Business Insider‏@businessinsider

UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%) [link to read.bi]

11 minBusiness Insider‏@businessinsider

HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k) [link to read.bi]
 Quoting: Luisport



Good morning Luis!

The thing about the unemployment rate is that those numbers only reflect those reporting to collect unemployment compensation.

What is missing in that data are all those who cannot collect because their time has run out for the amount of time allowed to collect unemployment compensation. In addition to that, those who are jobless and unable to qualify for compensation are not reflected in the data.

People need to be aware of exactly what is being reflected in any given statistics.

bump

for your never ending dedication in keeping us aware of things, Luis!
 Quoting: abeliever


hf Thank you my friend for your kind words!!!
Anonymous Coward
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12/07/2012 09:38 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Just admit that socialist policies work, fuckers.

ohyeah

Your excuses are getting old and tiresome.
 Quoting: Anonymous Coward 27800002


You are hoping it does, but in effect it is not reflective of the actual reality of the situation.
 Quoting: abeliever


If the GOP got out of the way, we would be well under 4%.

Pure capitalism doesn't work.

We need a healthy mixture of socialism and capitalism.
Luisport (OP)

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12/07/2012 09:39 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
zerohedge‏@zerohedge

BOEHNER SAYS OBAMA FISCAL CLIFF PROPOSAL WOULD HARM JOB GROWTH And back to square one
Anonymous Coward
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12/07/2012 09:39 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Thats just what they want you to believe
Just more doctored numbers
You only need to look around you to know the real truth



bsflag
 Quoting: Anonymous Coward 22077029


I am looking around. Hundreds of jobs being added around my area every day... and I live in one of the most impoverished areas in the country.
FatalW1shes

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12/07/2012 09:40 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
I love the smell of bullshit in the morning.
abeliever

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12/07/2012 09:40 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Thats just what they want you to believe
Just more doctored numbers
You only need to look around you to know the real truth



bsflag
 Quoting: Anonymous Coward 22077029


Yes. It's missing components to get actual reflection. It only reflects those who applied for compensation. It's missing all those who can't qualify for compensation, all those whose time has run out on the allow weeks of compensation, and those who gave up trying to collect.
Anonymous Coward
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12/07/2012 09:41 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
All this 7.7% vs 8.4% stuff is a joke. It's theater. It's a crock. Try more like 17% or 27%.

If they didn't remove unemployed people from the unemployment statistics after about a year of job searching with no luck, and didn't classify government jobs as new jobs (which they aren't; they are overhead! they don't make a product and they can't make profit), it would be more like 17 or 27%.
abeliever

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12/07/2012 09:44 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
zerohedge‏@zerohedge

BOEHNER SAYS OBAMA FISCAL CLIFF PROPOSAL WOULD HARM JOB GROWTH And back to square one
 Quoting: Luisport


I'm right here in the thick of it, Luis, as I'm in DC area. That's all we hear on the news. It's horrible how they go back and forth bashing each other like they've locked horns.
Luisport (OP)

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12/07/2012 09:47 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
zerohedge‏@zerohedge

BOEHNER SAYS OBAMA FISCAL CLIFF PROPOSAL WOULD HARM JOB GROWTH And back to square one
 Quoting: Luisport


I'm right here in the thick of it, Luis, as I'm in DC area. That's all we hear on the news. It's horrible how they go back and forth bashing each other like they've locked horns.
 Quoting: abeliever


for me it's hard to understand all this mess...
Luisport (OP)

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12/07/2012 09:47 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
zerohedge‏@zerohedge

Boehner to hold 11AM news conference on fiscal cliff
Intergalactic Diplomat

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bsflag

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