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bad news on jobsThe January jobs report: It’s all good By Ezra Klein, Friday, February 3, 6:06 AM The strangest thing about January’s jobs report is that it’s pretty much all good. The headline numbers are great, of course: payrolls are up by 243,000 jobs. Unemployment is down to 8.3 percent. But the inside numbers are good, too. Let’s start with where the jobs were created. Professional and business services added 70,000 positions. Manufacturing added 50,000. Leisure and hospitality was up by 44,000. Health care was up by 33,000. For comparison, in the December jobs report, more than 40,000 of the 200,000 new jobs were “messengers and couriers,” which seemed likely to be seasonal hiring. Not so this month. Revisions are positive, too. November goes from 100,000 new jobs to 157,000 new jobs. December goes from 200,000 new jobs to 203,000 new jobs. So the real number for the just-released jobs report is 303,000 jobs: that’s how many we added in January, plus what we just added to the numbers from November and December. Nicely done, economy. The report also deals at least a slight blow to the case for economic pessimism. For months, forecasters have been telling us that though the end of 2011 was strong for the economy, the data showed the beginning of 2012 would be weak. That could still prove true. But we’re not seeing a slowdown in January’s payrolls. Just the opposite, actually. Which isn’t to say there aren’t some areas of concern. We lost another 14,000 public-sector jobs in January. And though we have now had 23 straight months of job growth, we’re not seeing nearly enough improvement among the long-term unemployed. The bottom line is that this isn’t just a good jobs report. It’s a recovery jobs report. It’s showing the sort of numbers that win elections. As my colleague Neil Irwin tweeted, “That sound you hear is champagne corks in the West Wing.” |
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oh yeahnot the washington times, lol! |
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dmaestro 03-Feb-12, 07:38 |
of recovery, do everything they could to stall it, and then blames Obama for the mess they created. Romney must be very upset about this kind of news. |
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more bad newsU.S. Jobless Rate Falls to 8.3 Percent, a 3-Year Low By MOTOKO RICH The United States economy gained momentum in January, as employers added 243,000 jobs, the second straight month of better-than-expected gains. And in a separate measure, the unemployment rate fell to 8.3 percent, giving a cause for optimism as the economy shapes up as the central issue in the presidential election. Measured by both the unemployment rate and the number of jobless — which fell to 12.8 million — it was the strongest signal yet that an economic recovery was spreading to the jobs market. The last time the figures were as good was February 2009, President Obama’s first full month in office. The report sent stocks up by over 1 percent in trading on Wall Street. |
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dmaestro 03-Feb-12, 12:10 |
before Obama took office. The GOP strategists know very well this was no ordinary recession. It is pure cuthroat, dang the country politics. Right wing propagandists have unfortunately conned many ofmoralistic the uniformed into thinking TARP was not a GWB initiative and believing Obama raised rather than lowered middle class taxes. |
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Dm ... |
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"Negative campaigning works. It would be irresponsible not to demonize your opponent in every way possible." So you're just being responsible, huh. You could be more sly and say things like, "...fragile GOP POVs" and "There are too few thoughtfully considered conservative presentations", so you can still be responsible yet claim to be moderate. |
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thumperyou on the other hand, for some reason, are ashamed to admit that you are a far right extremists and make absurd claims to be a centrist. why are you too ashamed to admit the obvious. everyone here recognizes it except, apparently, you. |
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dmaestro 03-Feb-12, 14:41 |
withe modern coservative mindset, I lose. I view politics as a struggle, like chess, where you do not have to use physical violence. Constant vigilance and intelligence gathering on your adversaries gives an edge. |
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My new job.There is an annoying level of self esteem destruction that occurs when a person isn't working. Extended unemployment sucks the breathe out of life. Normal everyday questions with people and friends get foggy when that person has not worked or contributed for 200 weeks. How are you? and What did you do this weekend? become loaded questions if you are a friend of an unemployed person. Days are the same as in low security prison...maybe chicken on Sunday. Warm jello. The working people, the employed, the people with a car... see the change in you, but if you are in it, it's hard to see yourself fading. You start to notice that having a phone is no big deal...no one calls. The mailbox is Mordor. The Crack of Doom at your door. I pity Mail Carriers...what a life...carrying bills and debts and junk ads. |
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ed ... |
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ED |
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"When Obama Runs For Re-Election, This Is The Chart He Will Use" |
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Chaz?My new employer deems my value at $8.00 an hour. To redeem that value I must appear clean and shiny, must punch in a time clock with the last 4 digits of my SS# followed by my right hand index finger print. Although I work in a grocery store deli..I am prohibited from eating or tasting the food I serve the paying custumers. Suprizingly, no food handling instruction is offered at this location. 3 employees of 35 are considered full time and are able for benefits like...sick days, personal days and maybe health insurance. Part timers are required to contact other employees in the event of accident, illness, injury or death, or apathy. No phone tree is provided, but failure to cover your own shift in the event of an on-for-seen event is a dismissable violation. |
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Ed ...But, when I was talking about value above, I was speaking about your value here in these forums. There's nothing here for which any of us will gain monetarily, but many/most of us gain significantly in other ways. We learn how to present ourselves, how to gain/lose respect, how to share information, how to gain knowledge/perspective, how to consider alternatives, how to talk among others who have little different to gain as well. So, we invest more ... to gain more ... and so it goes. You had already established value here, and then departed ... now you're back, and now we anticipate future gains. I was merely welcoming you back. |
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The Company doesn't reinburse or protect me from verbal abuse or resolving solutions to problems not highlighted in the Employee Manual. The Company will fire me arbitrarily if a custumer makes a complaint that I cannot defend. There is no union. It's good to be working with people again. I lost my sense of common humanity when I was not working. It's more than interesting, to go from a skilled cabinetmaker to the Deli. People come in. Old timers on a budget and bitter. Old timers on a budget and happy to be alive. A mom with two kids. The local postman....with wet and cold feet. Homeless people. Grifters. Secret shoppers. A dad on a Friday night with his his son and the only time they are going to have together until next Friday night. |
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Complex QuestionLets go on...chaz. what's a human worth? |
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Ed ...To others, a human may be worth much if s/he displays value to large numbers of people ... which is why some people get paid more than others, or why some folks get voted into office, or why good leaders sustain high value, etc. In other cases, some worth might be calculated by how risky a job may be, or what might be lost if a person were to die, or what might be gained by what a person invents or creates or produces. On and on. But, arguably, the greatest worth of a human might be to self ... for that is all, the most, the best, the most worthy human one will ever know completely. Here we get into the value of others who are close to us ... friends and family who matter to us ... and perhaps to one individual in particular. How much one person might be worth to another particular person is hard for anyone else to say but those who hold that value dear. Many of us spend considerable time seeking precisely what and who is worthy ... and many of our lives are defined by these journeys. So ... tell me what you think about how much a human is worth? |
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softy |
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changeling 03-Feb-12, 18:14 |
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ed |
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zThere... Happy? |
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softy |
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z |
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