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

 
Anonymous Coward
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12/07/2012 09:51 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.
 Quoting: FatalW1shes


+1
Luisport (OP)

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12/07/2012 09:52 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
 Quoting: Luisport


bumpbumpbump
Luisport (OP)

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12/07/2012 09:54 AM

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

In November 359,000 jobs in the 25-54 age group were Lost

3 minzerohedge‏@zerohedge

Chart Of The Day: Jobs "Additions" By Age Group Reveals The Scariest Picture [link to www.zerohedge.com] …
Luisport (OP)

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12/07/2012 09:55 AM

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

Since Obama became president, this is who has gotten the jobs: [link to www.zerohedge.com] …
Luisport (OP)

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12/07/2012 09:56 AM

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

UMich 74.5, Exp. 82.0
Luisport (OP)

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12/07/2012 09:58 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

CONSUMER CONFIDENCE PLUNGES TO 74.5 [link to read.bi]
Dixie Normous

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12/07/2012 09:58 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


I work with a huge electric company and also a nationwide concrete company doing all the big wal marts, menards, ect... Anyways, both companies yesterday unexpectedly told me they'll no longer need my guys because of the uncertainty with taxes and fiscal cliff. They told me I've been their best resource but unfortunately they're going to do with what they have. I'm starting to get real nervous. This next year will be very interesting....
waht

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12/07/2012 09:58 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
The End Of US Is Coming? Jobless Rate Falls To 7.7% Due To 540,000 People Drop From Labor Force While The United States Actually Has A Higher Percentage Of Workers Doing Low Wage Work Than Any Other Major Industrialized Nation Does!

[link to investmentwatchblog.com]
Anonymous Coward
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12/07/2012 10:04 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
bsflag
Luisport (OP)

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12/07/2012 10:05 AM

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

UMich Confidence Plunges, Biggest Miss On Record As Outlook Crashes [link to www.zerohedge.com] …
Luisport (OP)

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12/07/2012 10:15 AM

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

Bill Gross Explains The Market's Response To Today's Job Number [link to www.zerohedge.com] …
Anonymous Coward
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12/07/2012 10:23 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
zerohedge‏@zerohedge

Bill Gross Explains The Market's Response To Today's Job Number [link to www.zerohedge.com] …
 Quoting: Luisport




WAIT UNTIL JANUARY 2013!!!!!

Unemployement will jump to over 10% on this OBAMACARE SHIT!!!!


Better start saving now????

bump
Luisport (OP)

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12/07/2012 10:27 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

An Important Measure Of Business Investment Is Signaling Bad News For Jobs by @LJKawa [link to read.bi]
Anonymous Coward
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12/07/2012 10:39 AM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
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.
 Quoting: abeliever


Not to be a know-it-all, but the monthly unemployment rate is not a count of those collecting unemployment benefits.

The rate is determined by a monthly poll conducted by the Census Bureau. (Called the "Current Population Survey".)
Luisport (OP)

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12/07/2012 10:59 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's Lastest Fiscal Cliff Press Conference - Live Webcast [link to www.zerohedge.com] …
SilverPatriot

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12/07/2012 11:25 AM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Most of the current hiring is seasonal temporary holiday jobs and if you want a clearer picture of our economy look at the layoffs, chapter 11 and business closings. Then go over to the Who's Hiring page and red about the seasonal hiring and projected hiring some out to 2015.

Then you have to consider how many of these projected new jobs over the years will be within the United States or offshore. Many companies have had to layoff workers and close plants in order to make their company look more lucrative to investors hence the stock market is not a good indictor of fiscal well being.

Once a person’s unemployment benefits expire, the people are no longer counted in the statistics, which skews the data, and if obama were not increasing, the disability rolls at an alarming rate the picture would be portrayed closer to its grim reality.

Daily Job Cuts
[link to www.dailyjobcuts.com]

Who's Hiring
[link to www.dailyjobcuts.com]

More U.S. service jobs heading offshore
[link to www.usatoday.com]
Luisport (OP)

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12/07/2012 03:03 PM

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

BEAT: OCTOBER CONSUMER CREDIT RISES $14.158 BILLION (Analysts expected it to rise by $10 billion) [link to read.bi]
Luisport (OP)

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12/07/2012 03:33 PM

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

October Consumer Credit Rises By $14.2 Billion, Government Funds 70 Cents Of Every Dollar [link to www.zerohedge.com] …
Anonymous Coward
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12/07/2012 03:38 PM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
My husband just lost his job of 25 years last week, the whole place shut down due to lack of new work for them (electrical contracting business). Nobody is hiring around here with Christmas, winter and the fiscal cliff on the horizon! Those numbers don't really mean a thing until you are one of them, trust me.
Anonymous Coward
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12/07/2012 03:39 PM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
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.
 Quoting: Anonymous Coward 27800002


Good God, what a complete moran.

That's what they said about the jews in the 30s
Luisport (OP)

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12/07/2012 03:40 PM

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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
My husband just lost his job of 25 years last week, the whole place shut down due to lack of new work for them (electrical contracting business). Nobody is hiring around here with Christmas, winter and the fiscal cliff on the horizon! Those numbers don't really mean a thing until you are one of them, trust me.
 Quoting: Anonymous Coward 25792153


hf i hope he finds a job quik!
Trbl Ivan

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12/07/2012 03:42 PM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Working in transportation field I will tell you this: I see factory equipment being shipped south of border or overseas.....the only things being shipped in is walmart goods and car parts.
milehighmike

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12/07/2012 03:45 PM

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

Thread: U.S. Unadjusted Unemployment Shoots Back Up (*SHOCK*), Another day, a new fairy tale
"Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, 'What's in it for me?'" — Brian Tracy: Personal and business training author, speaker, and consultant

"We are all, right now, living the life we choose." -- Peter McWilliams, Author

"The bad news is time flies. The good news is you're the pilot." -- Michael Altshuler
Bluebird

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12/07/2012 03:48 PM

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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


But 7.7% is normally considered a major disaster!

Not good at all. Anything over 5% is reflection of very bad economy.
One of the most important aspects of conspiracy theories is being able to discern when there isn't one.

Oh yeah, like you'd understand anyway.

Where are we going and why am I in this handbasket?. . .J. Handy
Anonymous Coward
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12/07/2012 04:29 PM
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Re: UNEMPLOYMENT RATE DROPS TO 7.7% (Est. 7.9%)!!! HUGE BEAT: NONFARM PAYROLLS +146k (Est. +85k)!!!
Really? When did they start hiring people this time of year??

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