Author Topic: Unemployment rose to 9.2 percent as hiring stalls (18,000 jobs) WTF! ! !  (Read 2973 times)

Soul Crusher

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Doesnt matter - 240 will do absolutely anything to suck cock for obama.   

Soul Crusher

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Poor jobs data stuns Wall Street, politicians
Market Watch ^ | July 8, 2011, 10:21 a.m. EDT | Jeffry Bartash, MarketWatch





Meager 18,000 increase in June heightens worries over economy


WASHINGTON (MarketWatch) — A disappointing U.S. jobs report has stunned Wall Street and triggered a fresh round of political recriminations as to who and what’s to blame.



The economy added a meager 18,000 jobs in June, stoking worries the U.S. economy is slumping again. See story on June jobs data.



Here is a sample of reaction on Wall Street and in Washington.



• “Today’s report is more evidence that the misguided ‘stimulus’ spending binge, excessive regulations, and an overwhelming national debt continue to hold back private-sector job creation in our country.” — House Speaker John Boehner



• “I think these numbers are a call to action for Washington to stop bickering ... and do the things to get the growth rate higher and create jobs. — Austan Goolsbee, chief economic adviser to President Barack Obama




• “We can see no silver lining in this employment report, which is weak, weak, weak.” — John Ryding, RDQ Economics



• “The details aren’t quite as bad as the headline, with private payrolls up 57,000, but that’s still pretty terrible when compared to the 240,000 average as recently as the three months to April.” — Ian Shepherdson, High Frequency Economics



• “The upshot is that exactly two years after the recovery began, broad labor market conditions haven’t improved at all.” — Paul Ashworth, Capital Economics


(Excerpt) Read more at marketwatch.com ...

Fury

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Hahahaha, notice how many of the usual Obama c0cksuckers are absent from this thread.

Disastrous.

Economy's fucking imploding and the best they can muster is, "SPEND MORE".

Maybe they'll think about passing a budget now or will the Axis of Evil (Obama, Pelosi and Reid) only be content when this country is third-world status (seems to be the case).

I feel for the tens of millions of Americans who have had their lives ruined by these three.







A few billion more in taxes will cure all of this! LOL!

Soul Crusher

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Obama blamed the debt ceiling issue for the jobs number.

Lllmmmfffaaaaoooo.

Fury

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Obama blamed the debt ceiling issue for the jobs number.

Lllmmmfffaaaaoooo.

Did he finally move on from blaming Greece?

This guy is the biggest pussy of a leader I've ever seen. Hands down. I have NEVER seen him take responsibility for ANYTHING.

He's a fucking coward. Too busy cracking jokes about the tens of millions of unemployed Americans.

Time to send this grifter to the fucking breadline with the jobless so he can really see what it's like.

Soul Crusher

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Remember a few months ago they blamed the snow? 

Fury

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Remember a few months ago they blamed the snow?  

Was that in between blaming it on the Japanese earthquake and on the tornadoes in Joplin, Missouri? Because, you know, Joplin = epicenter of US manufacturing.

Soul Crusher

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Lmfao.  Every month is a new excuse.  Snow, heat, rain, drought, tornadoes, earthquake, fog, dust, humidity, etc.

Fury

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Lmfao.  Every month is a new excuse.  Snow, heat, rain, drought, tornadoes, earthquake, fog, dust, humidity, etc.

It seems to be everyone else's fault but Obama and the Democratic party.

Give them credit, though, as at least they've changed it up. Bush only gets mentioned every 5 excuses instead of every 2 now.

Soul Crusher

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Let's talk porn! 

Fury

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Let's talk porn! 

BACHMANN, BACHMANN, BACHMANN, PALIN, BACHMANN, BACHMANN, BACHMANN.

How many fucking threads has Blacken started about her now? How many times has he posted in these threads about the economy and everything else? I can answer the second one: ZERO.

Soul Crusher

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Panic in hope and change land.

peruke

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"And things were going so well under Bush's administration"...."Do you really think anyone, republican, or democrat could actually turn a declining economy around in one term!   It took eight years for it to tank!!!

Yes Fucking Wow!!!    Signed:  6666+4+3



Unemployment rose to 9.2 percent as hiring stalls
CNBC ^ | 8 July 2011 | CNBC


________________________ ________________________ ________


The Labor Department says the economy generated only 18,000 net jobs in June. And the number of jobs added in May was revised down to 25,000.






WOW!!!!!!


FUCKING WOW!!!!

Soul Crusher

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More excuses.

peruke

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& you have such insight, maybe your "BUSINESS CONTACTS SHOULD HAVE YOU RUN FOR PRESIDENT!!!   YOU SHOULD GET BUSH TO BACK YOU.....CAN YOU DEFEND HIS UNBLEMSIHED RECORD????


More excuses.

headhuntersix

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Blame Bush...because he's the president...oh wait.
L

MM2K

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"And things were going so well under Bush's administration"...."Do you really think anyone, republican, or democrat could actually turn a declining economy around in one term!   It took eight years for it to tank!!!

Yes Fucking Wow!!!    Signed:  6666+4+3




This is the most retarded statement I have ever heard. It reaks of schizophrenia. THe economy GREW for most of Bush's 8 years.
Jan. Jobs: 36,000!!

_bruce_

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Sucks.
.

George Whorewell

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This is the most retarded statement I have ever heard. It reaks of schizophrenia. THe economy GREW for most of Bush's 8 years.

QFT

Facts and common sense are considered arch enimies of the left.

whork25

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This is the most retarded statement I have ever heard. It reaks of schizophrenia. THe economy GREW for most of Bush's 8 years.

So it grew until the actions of his policies took effect is that what you are saying?

I dont really care about Bush/Obama we need to fix the banks and Wall Street and the election process put a cap on the money used on campaigning etc, the rest is irrelevant

Kazan

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So it grew until the actions of his policies took effect is that what you are saying?

I dont really care about Bush/Obama we need to fix the banks and Wall Street and the election process put a cap on the money used on campaigning etc, the rest is irrelevant

And who exactly is going to do that? The same bunch of assholes like Dodd and Frank that fucked it up in the first place. You put way to much trust in the government.
ΜΟΛΩΝ ΛΑΒΕ

whork25

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And who exactly is going to do that? The same bunch of assholes like Dodd and Frank that fucked it up in the first place. You put way to much trust in the government.
And you put way to much trust in Wall Street:-)

Kazan

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And you put way to much trust in Wall Street:-)

No, I don't trust either, but when they are in bed with each other = loss for America
ΜΟΛΩΝ ΛΑΒΕ

whork25

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No, I don't trust either, but when they are in bed with each other = loss for America

Thats for sure

Soul Crusher

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It’s Worse Than We Thought… Obama’s Dead Parrot Economy Actually Lost 26,000 Jobs in June
Gateway Pundit Rightnetwork ^ | July10,2011 | Jim Hoft
Posted on July 10, 2011 4:35:48 PM EDT by Hojczyk

Can you say Double-Dip? Barack Obama’s trillion dollar stimulus did not just fail… It failed magnificently.

The dead parrot economy actually lost 26,000 jobs in June rather than creating 18,000.

The New York Post reported, via JWF:

The Labor Department officially announced that only 18,000 jobs were created during the month of June compared to May’s levels. That’s considerably below the 157,000 jobs that payroll-processing firm ADP said on Thursday were added by companies in the private sector.

Our economy is said to need at least 150,000 jobs a month just to keep up with people entering the workforce. So even job growth of 150,000 isn’t good enough.

Worse, not only are newcomers trying to find positions, but there are also 7.084 million fewer jobs in this economy than there were at the 2008 peak. So people who’d like to get their careers started are competing against millions of experienced job seekers looking to just get back into the game.

Now for the really bad news: that 18,000 gain announced by the government yesterday isn’t real.

For one thing, the number of jobs increased in June only because the Labor Department simultaneously revised downward the number of jobs that existed in this country during May.

It’s like moving the fences at Citi Field so the Mets players can hit more home runs. It might make Jose Reyes feel better, but it doesn’t actually make him more powerful.