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REAL WORLD EVENT DISCUSSIONS

April Jobs report: Best gain in four years

POSTED BY: NIKI2
UPDATED: Saturday, May 8, 2010 09:15
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Friday, May 7, 2010 8:28 AM

NIKI2

Gettin' old, but still a hippie at heart...


Leetle by leeetle...


Quote:

In another sign that the recovery in the U.S. economy is taking hold, employers added significantly more jobs to payrolls in April, according to a government report released Friday.

There was a gain of 290,000 jobs in the month, up from a revised 230,000 jobs added in March. It was the largest number of jobs added to the labor force since March 2006.

The results were much better than expected. Economists surveyed by Briefing.com had forecast a gain of 187,000 jobs.

In another sign that the recovery in the U.S. economy is taking hold, employers added significantly more jobs to payrolls in April, according to a government report released Friday.

There was a gain of 290,000 jobs in the month, up from a revised 230,000 jobs added in March. It was the largest number of jobs added to the labor force since March 2006.

The results were much better than expected. Economists surveyed by Briefing.com had forecast a gain of 187,000 jobs.

Manufacturing did exceptionally well, adding 44,000 jobs, the biggest one-month gain in the sector since August 1998. Construction added 14,000 jobs, the second straight month of gains after nearly three years of uninterrupted job losses in that battered sector.

Retailers added 12,400 jobs, and the leisure and hospitality industries added 45,000 jobs on a seasonally adjusted reading, a sign that employers in those sectors see increased consumer demand.

Temporary help services added 26,200 jobs, which economists see as an important sign of future hiring, since employers often take on temporary workers before they add permanent staff. Temp workers have now increased by 330,000 over the last seven months after roughly three straight years of job losses there.

Looking ahead: Still, the gain in jobs this year has barely made a dent in the 8.4 million jobs that were lost in 2008 and 2009. And the 15.3 million unemployed workers are suffering a great deal. A record 46% have been out of work six months or longer.

The so-called underemployment rate, which includes workers who are discouraged and those who are working part-time jobs because they can't find full-time work, rose to 17.1%, the highest level in the 17 years that figure has been calculated.

"This week's job numbers comes as a relief to Americans who found a job," President Obama said in remarks Friday morning. "But it offers obviously little comfort to those who are still out of work."

He pledged to take additional steps to help businesses hire workers.

Republican critics of the administration focused on the unemployment rate rather than gain in payrolls.

"Positive job growth is always welcome news, but this rising and painfully high unemployment rate is a far cry from President Obama's promise that the trillion-dollar 'stimulus' would keep joblessness from rising above 8%," said House Minority Leader John Boehner in a statement.

http://money.cnn.com/2010/05/07/news/economy/jobs_april/index.htm?sour
ce=cnn_bin&hpt=Sbin


What I really love about this is that the Repubs won't just say what they did, but most likely will sit back and say "well, we'd have recovered despite the stimulus", and nobody can prove them wrong!


"I'm just right. Kinda like the sun rising in the east and the world being round...its not a need its just the way it is." The Delusional "Hero", 3/1/10

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Friday, May 7, 2010 2:23 PM

CUDA77

Like woman, I am a mystery.


Yay for the Bikini Graph.


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Friday, May 7, 2010 2:29 PM

CHRISISALL


I blame Obama.


The laughing Chrisisall


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Friday, May 7, 2010 4:39 PM

BYTEMITE


Maybe probably the stimulus? Maybe?

I don't know, I don't know economics very well.

I'd like to see us try to pay down the debt at some point. Or at least set a condition for when we might maybe start, or starting some kind of budget cut.

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Friday, May 7, 2010 4:52 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!




All govt jobs. For 50-million illegal aliens.

Unemployed Americans are not counted in govt statistics.

Over 60% of Americans are without jobs.

Figures lie and liars figure.

Operative Nikovich12 is a liar.

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Friday, May 7, 2010 4:58 PM

CHRISISALL


Quote:

Originally posted by piratenews:


Operative Nikovich

Please PN, keep your internet sexual obsessions in check here, huh?

Here:



The laughing Chrisisall


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Saturday, May 8, 2010 12:54 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by piratenews:


All govt jobs. For 50-million illegal aliens.

Unemployed Americans are not counted in govt statistics.

Over 60% of Americans are without jobs.

Figures lie and liars figure.

Operative Nikovich12 is a liar.



Didn't you just cite figures in your post?

So you're admitting you're a liar!

(Christ, that was just TOO easy...)

Mike

"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero, Real World Event Discussions


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Saturday, May 8, 2010 1:26 AM

AURAPTOR

America loves a winner!


Quote:

Originally posted by chrisisall:
I blame Obama.


The laughing Chrisisall




Me too.


The unemployment rate on the other hand rose to 9.9%; it was expected to hold steady at 9.7%.

Wasn't the stimulus bill suppose to keep unemployment from going over 8.0 % ?








Bones: "Don't 'rawr' her!"
Booth: "What? she'rawred' me first."

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Saturday, May 8, 2010 9:15 AM

NIKI2

Gettin' old, but still a hippie at heart...


Byte: The stimulus helped, from what I hear, but it wasn't the only thing, certainly.

Chris; he wasn't talking about me, he was talking about some "Nikovich12". So who knows, maybe this is a guy...tho' I guess that wouldn't make any difference in a sexual obsession, given the way he posts.

Besides, he couldn't have been talking about me; there's no mention of strap-ons or my husband or any of that gooey stuff.

Mike, you're right; that was WAY too easy!

Oh, and I know PRECISELY where Crappy got his gripe: Behner. Heard it yesterday...keep buying into their crap, Crappy, the real world is just too damned scary!


"I'm just right. Kinda like the sun rising in the east and the world being round...its not a need its just the way it is." The Delusional "Hero", 3/1/10

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