Unemployment Rate at 8.3%

[Coach is Back!]

So who is president is the factor that define the economy?

Do you really need someone to tell you thats BS?

How did Bush ever fuck up the economy if a GOP politician was president, that shouldnt be possible. Grow a brain

Tired of the blame Bush Bullshit and that's exactly what it is, Bullshit. That's what the left wanted.you to believe and you still believe it, sap!the last 6 of the 8 years he was president we had a democratic congress. I did not agree with the stimulus.and I didn't agree with his amnesty. But we had low ue, a booming housing.market all during war time. This was unheard of people like.you fell.for.the.lies.just like you fell for the lies about Palin during the first Obama "election and Romney. Seriously mindless peeons!

[whork]

What part of his post in about films being outsourced to Vancoover wasn't accurate?  I work in the film industry so I can tell you first hand that it's indeed true.  Subsidies are the answer and a lot of work has been going to Vancoover, London and now Sydney due to this.   It's been difficult for me to keep steady work here in LA, so much that I'll probably end up switching careers, yet again.

Hehe thanks

I was actually referring to Mcway's statement that somehow outsourcing is okay if liberals do it.

Kind of weird to have a set of morals dependant or reflected of a group of people you claim to despise, no?

[whork]

Tired of the blame Bush Bullshit and that's exactly what it is, Bullshit. That's what the left wanted.you to believe and you still believe it, sap!the last 6 of the 8 years he was president we had a democratic congress. I did not agree with the stimulus.and I didn't agree with his amnesty. But we had low ue, a booming housing.market all during war time. This was unheard of people like.you fell.for.the.lies.just like you fell for the lies about Palin during the first Obama "election and Romney. Seriously mindless peeons!

K
Forget Bush.

You said the state of the economy is directly dependant on you having a repub president in office.

That if we had elected Romney the economy would fix itself.

Thats BS.


http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm


So why did it crash during Bush then?
No blaming just pointing to the fact he is a republican.

[Vince G, CSN MFT]

Unemployment Shoots Back Up

This was due to Hurricane Sandy......it measures by new unemployment requests and with businesses wiped out in New York, I think that is expected to jump the UE....but only temp.

[blacken700]

Source: U.S. Bureau of Labor Statistics

THE EMPLOYMENT SITUATION -- NOVEMBER 2012

Total nonfarm payroll employment rose by 146,000 in November, and the unemployment
 rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported today.
 Employment increased in retail trade, professional and business services, and health
 care.
....

Household Survey Data

The unemployment rate edged down to 7.7 percent in November. The number of unemployed
 persons, at 12.0 million, changed little. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (7.2 percent), adult
 women (7.0 percent), teenagers (23.5 percent), whites (6.8 percent), and Hispanics (10.0
 percent) showed little or no change in November. The unemployment rate for blacks (13.2
 percent) declined over the month. The jobless rate for Asians was 6.4 percent (not
 seasonally adjusted), little changed from a year earlier. (See tables A-1, A-2, and A-3.)
 
The number of long-term unemployed (those jobless for 27 weeks or more) was little
 changed at 4.8 million in November. These individuals accounted for 40.1 percent of
 the unemployed. (See table A-12.)



Read more: http://www.bls.gov/news.release/empsit.nr0.htm

[Soul Crusher]

Look at the previous months all revised down - same w this nonsense a month from now. 

More BS from the BLS

[blacken700]

looked at the original post, came from gallup  haven't we learn our lesson with gallup 

[Necrosis]

Look at the previous months all revised down - same w this nonsense a month from now. 

More BS from the BLS

you are so full of it dude.

[Soul Crusher]

you are so full of it dude.

Were they revised lower - YES OR NO? 

[Soul Crusher]

you are so full of it dude.

http://www.zerohedge.com/news/2012-12-07/146000-jobs-added-november-beat-expectation-85000-unemployment-rate-lower-77


Eat it 

[War-Horse]

Look at the previous months all revised down - same w this nonsense a month from now. 

More BS from the BLS

Anti-american post reported.

[MCWAY]

Hehe thanks

I was actually referring to Mcway's statement that somehow outsourcing is okay if liberals do it.

Kind of weird to have a set of morals dependant or reflected of a group of people you claim to despise, no?

I don't have an issue with outsourcing, one way or the other. My point was that liberals (Obama's supporters, in particular) howled about Romney's alleged outsourcing when he was with Bain. Yet, they seem to have no problem when their beloved Hollywood stars and film producers take their talents to the Great White North.

Why? For the same reasons those EEEEEVVVVVVIIIILLLLLL corporations outsource: TO SAVE MONEY!!

[Straw Man]

I don't have an issue with outsourcing, one way or the other. My point was that liberals (Obama's supporters, in particular) howled about Romney's alleged outsourcing when he was with Bain. Yet, they seem to have no problem when their beloved Hollywood stars and film producers take their talents to the Great White North.

Why? For the same reasons those EEEEEVVVVVVIIIILLLLLL corporations outsource: TO SAVE MONEY!!

Are hollywood stars/producers buying companies and them loading them with debt while sending the jobs overseas to be done by quasi-slave labor or are they simply shooting at locations in Canada with both Americans and Canadians and paying the same wages and still paying taxes on their income in the US?

[MCWAY]

Are hollywood stars/producers buying companies and them loading them with debt while sending the jobs overseas to be done by quasi-slave labor or are they simply shooting at locations in Canada with both Americans and Canadians and paying the same wages and still paying taxes on their income in the US?

Once again, outsourcing is being done for one reason: To save money.

But, since Bain was hardly doing what your question described, that's basically a non-starter. Bain didn't load the companies with debt; they already had it when Bain arrived. Bain's job was to stop the bleeding and get them back on track. For the most part, it succeeded; some fell through the cracks. It happens.

[Soul Crusher]

540k left the labor force. 

Cheers from the communist left

[MCWAY]

What part of his post in about films being outsourced to Vancoover wasn't accurate?  I work in the film industry so I can tell you first hand that it's indeed true.  Subsidies are the answer and a lot of work has been going to Vancoover, London and now Sydney due to this.   It's been difficult for me to keep steady work here in LA, so much that I'll probably end up switching careers, yet again.

This falls under the adage: Conservatives believe rules are for everybody; liberals believe rules are for everybody.....ELSE!!!

Corporations, outsourcing their labor, is EEEVVVVILLLL.....UNLESS you run a pitiful left-winged news network and support Obama. Then, you get a cushy cabinet job.

[Straw Man]

Once again, outsourcing is being done for one reason: To save money.

But, since Bain was hardly doing what your question described, that's basically a non-starter. Bain didn't load the companies with debt; they already had it when Bain arrived. Bain's job was to stop the bleeding and get them back on track. For the most part, it succeeded; some fell through the cracks. It happens.

Canada has had a vibrant movie and television industry for 20+ years

The locations might be cheaper and perhaps less restrictive local laws but they are still paying premium wages and the American actors and crews are still paying US income tax on their earning

Simply no comparison to what Romney did at Bain

[Soul Crusher]

Canada has had a vibrant movie and television industry for 20+ years

The locations might be cheaper and perhaps less restrictive local laws but they are still paying premium wages and the American actors and crews are still paying US income tax on their earning

Simply no comparison to what Romney did at Bain

Or Obama's of his job council ??

[MCWAY]

Canada has had a vibrant movie and television industry for 20+ years

The locations might be cheaper and perhaps less restrictive local laws but they are still paying premium wages and the American actors and crews are still paying US income tax on their earning

Are they? Or do they, like certain corporations have accountants, who know the loopholes to keep as much money as possible?

Simply no comparison to what Romney did at Bain

What Romney did at Bain was save companies (for the most part) from financial ruin.

This is all about Obama and his fellow libs' government-endorsed theft of other people's money.

[MCWAY]

Or Obama's of his job council ??

That's my point. Straw seems to be under the delusion that corporations are just going to stand by and let Obama take their cash, that they don't have the hookups or the emergency outs to dodge the tax laws.

He also seems to believe that these companies won't recoup their losses by jacking up the prices of their products on the American consumers.

[240 is Back]

The unemployment is the same Bush, Romney or Obama.

To think that the mere pretense of one kind of president can have this impact is ridiculous.

yep.  things woudl look the same today under year 5 of the mccain presidency too.

[GigantorX]

140,000 jobs but those considered long term unemployed remained unchanged and the total number of Americans unemployed remained unchanged. Digging deeper into the report you'll see it wasn't very good. I mean, 4 years into a "Recovery" and people are jumping up and down over a weak jobs report is pretty sad.

I guess 1.5 trillion per year in deficit spending/gimmick programs/ZIRP/monetization of debt/800billion in stimulus/payroll tax cuts doesn't buy as much as it used to, huh?

[avxo]

Are they? Or do they, like certain corporations have accountants, who know the loopholes to keep as much money as possible?

Perhaps the "loopholes" are against the spirit of the law, but they are not against the letter, and the letter is what matters. I do not begrudge anyone who takes advantage of the tax code to its fullest extent to keep their tax bill as low as possible, provided they do so legally.

What Romney did at Bain was save companies (for the most part) from financial ruin.

No. Sorry, that is a complete mischaracterization of what Mitt Romney did at Bain, which was to seek opportunities to make money, and take them when they presented themselves. There's absolutely nothing wrong with that, and there's no reason to massage that fact into something more "palatable" by making it sound as if it was all about those poor, poor companies Romney and Bain sought to save. Whether, in that process, companies were saved (or ruined) is irrelevant.

As a sidenote, I guess we could debate whether leveraged buyouts qualify as "saving companies from financial ruin." The fact is that sometimes companies genuinely benefit from leveraged buyouts, and go on to prosper; but sometimes they don't, and they go on to bankruptcy. Either way, I don't have any hard numbers and I suspect that you don't either.

This is all about Obama and his fellow libs' government-endorsed theft of other people's money.

I think it's stupid to approach issues with blinders on. There's no one explanation, especially on something as large, fluid and dynamic as the economy of the United States. Government policies in general, and tax policies in particular, carry a big weight to be sure. But they are just one variable in a large and complex multi-variable equation, and many of the variables are interdependent, often in unexpected ways.

[Soul Crusher]

73 percent of new jobs created in last five months are bureaucratic
Hot Air ^ | 12/8/2012 | Erika Johnsen
Posted on December 8, 2012 10:20:19 AM EST by ecomcon

Hey, I’ve got a neat idea — why don’t we just keep growing the government, until we all can have government jobs? That can work, right?

Seventy-three percent of the new civilian jobs created in the United States over the last five months are in government, according to official data published by the Bureau of Labor Statistics. …

In the same five-month period since June, the number of people employed by government increased by 621,000 to 20,559,000. These 621,000 new government jobs created in the last five months equal 73.3 percent of the 847,000 new jobs created overall.

[War-Horse]

73 percent of new jobs created in last five months are bureaucratic
Hot Air ^ | 12/8/2012 | Erika Johnsen
Posted on December 8, 2012 10:20:19 AM EST by ecomcon

Hey, I’ve got a neat idea — why don’t we just keep growing the government, until we all can have government jobs? That can work, right?

Seventy-three percent of the new civilian jobs created in the United States over the last five months are in government, according to official data published by the Bureau of Labor Statistics. …

In the same five-month period since June, the number of people employed by government increased by 621,000 to 20,559,000. These 621,000 new government jobs created in the last five months equal 73.3 percent of the 847,000 new jobs created overall.

These are middle class paying jobs. This is great news!!!!!    These people spend all their paycheck into consumer goods!!!  Opposite of giving it to a billionaire who hides it in and offshore account and takes it out of circulation......Yay for the middle class...they build america!!!