Why am I not surprised no one is talking about the March jobs report?

[Fury]

NFP Big Miss: 120K, Expectations 205K, Unemployment 8.2%, "Not In Labor Force" At New All Time High

March NFP big miss at just 120K. Unemployment rate declines from 8.3% to 8.2%. Futures slide, for at least a few minutes before the NEW QE TM rumor starts spreading. The household survey actually posted a decline in March from 142,065 to 142,034. Considering Birth Death added 90K to the NSA number, the actual number was almost unchanged. And as always, as we predicted when Goldman hiked its NFP forecast yesterday from 175K to 200K saying "if Goldman's recent predictive track record is any indication, tomorrow's NFP will be a disaster", Goldie once again skewers everyone. Finally, Joe LaVorgna's +250,000 forecast was just 100% off... as usual.

The unemployment rate drops to 8.2% for one simple reason: the number of people not in the labor force is back to all time highs: 87,897,000.



Birth Death:



http://www.zerohedge.com/news/nfp-big-miss-120k-expectations-205k-unemployment-82



Well, well. I believe some of us on here (re: those of us who don't take Obama loads on the face) called this. I find it SHOCKING that the drones have stayed completely silent on this. I thought the economy was recovered and everything was fixed? Can one still blame Bush after a few months of shitty good numbers that were touted were a result of his policies?

[Soul Crusher]

Not to mention total avoidance of ObamaCare revelations as well. 

Mention fluke, palin, gay issues, zimmerman, santorum, condoms, and all the leftist drones show up.

[dario73]

Can one still blame Bush after a few months of shitty good numbers that were touted were a result of his policies?

The clown in chief did just that yesterday. Stating that the nation has tried GOP policies for 8 years and it did nothing. Yet, he forgot that for 3 years, the Dems had total control of both houses and did absolutely nothing. Except, for passing a health care reform act that might get thrown out by the Supreme Court. Where was the Buffett rule and job creation when Dems had complete control? The clown in chief forgot that the nation has tried the Dems way for the past 3 years and IT HAS ONLY MADE IT FAR WORSE. UE rate, gas prices and deficit spending was better under the 8 years under Bush than it has been in 3 years under the messiah.

The sad part is that there are still plenty of morons out there who believe his garbage. There is only one thing I agree with Bill Maher. That the USA is a nation full of idiots.

[Soul Crusher]

Mention f;uke palin birth control gay marriage and the dummies get all wee weed up.   On serious issues?   fffuugggeeettaaabbbooouu uiiitttt

[240 is Back]

The economy is NOT getting better, it's getting worse.

Anyone who claims things are "coming back" is an idiot when it comes to economics.

[MM2K]

Isnt it funny that this report was released on Good Friday? Its also funny that this board was practically shut down on the day that this was released and throughout the weekend.

The question I have for liberals and Obama supporters is this: You mocked the Bush expansion for beeing weak (even though expansions that follow mild recessions are supposed to be weak). But Bush had atleast some months where job creation totaled 300000. That has not occured yet under Obama when we are following the most severe recession in 30 years. How do you explain that?

[Soul Crusher]

Isnt it funny that this report was released on Good Friday? Its also funny that this board was practically shut down on the day that this was released and throughout the weekend.

The question I have for liberals and Obama supporters is this: You mocked the Bush expansion for beeing weak (even though expansions that follow mild recessions are supposed to be weak). But Bush had atleast some months where job creation totaled 300000. That has not occured yet under Obama when we are following the most severe recession in 30 years. How do you explain that?

THEY DONT CARE ! !  !  go read any abc, cbs, nbc general boards - the average leftist like 240, straw, andre, benny does not give a damn about anything whatsoever so long as the messiah gets a second term.   That is all they care about! 

[240 is Back]

the march jobs report was dismal. 

I listened to political radio all weekend and this week - all they want to talk about is trayvon.

very little talk about the economy - probably because the new expected nominee romney believes we are recovering under obama.

[Fury]

the march jobs report was dismal. 

I listened to political radio all weekend and this week - all they want to talk about is trayvon.

very little talk about the economy - probably because the new expected nominee romney believes we are recovering under obama.

You were saying the same thing....until the report came out. Sheeple status confirmed (again).

[MM2K]

The clown in chief did just that yesterday. Stating that the nation has tried GOP policies for 8 years and it did nothing. Yet, he forgot that for 3 years, the Dems had total control of both houses and did absolutely nothing. Except, for passing a health care reform act that might get thrown out by the Supreme Court. Where was the Buffett rule and job creation when Dems had complete control? The clown in chief forgot that the nation has tried the Dems way for the past 3 years and IT HAS ONLY MADE IT FAR WORSE. UE rate, gas prices and deficit spending was better under the 8 years under Bush than it has been in 3 years under the messiah.

The sad part is that there are still plenty of morons out there who believe his garbage. There is only one thing I agree with Bill Maher. That the USA is a nation full of idiots.

He also forgets that Bush had 5% unemployment for most of his two terms and never let the deficit get above $500 billion, and in some years had it as low as $200 billion (below the 40 year average as a % of the economy).

[Fury]

Bump for the sheeple who were cumming in their panties over holiday retail hiring (while criticizing Perry at the same time)!

[Soul Crusher]

Bump for the sheeple who were cumming in their panties over holiday retail hiring (while criticizing Perry at the same time)!

After seeing the latest mfg data, other housing misses, etc - we are definately heading down again. 

[Shockwave]

Ironic how this is still being avoided like the plague.
But Romney's dog and wife!

[Soul Crusher]

Ironic how this is still being avoided like the plague.
But Romney's dog and wife!

Todays' weekly jobless claims number is another disaster. 


Obama is done.   Gas still increasing, jobless increasing, scandal plagued. 

Only a racist 95er, a gay, a communist, a feminazi, a govt worker would support this regime.   

[Fury]

Todays' weekly jobless claims number is another disaster. 


Obama is done.   Gas still increasing, jobless increasing, scandal plagued. 

Only a racist 95er, a gay, a communist, a feminazi, a govt worker would support this regime.   

Bloomberg already trying to do damage control with a shitty opinion piece about how these numbers should be ignored because everything is really roses. 

http://www.bloomberg.com/news/2012-04-18/take-a-deep-breath-and-ignore-the-monthly-jobs-report.html



Remember all the dipshits like 240, blacken, andre and co. who were bragging about some seasonal retail hiring (while criticizing Perry at the same time)? Haha.

[Fury]

Inital Claims Soar Again, Ninth Consecutive Miss To Expectations In A Row: BLS Back To Propaganda School

There are those who thought last week's massive Initial claims miss was the last one. They were wrong. Instead of printing at the expected 370K, an improvement from last week's already big miss of 380K, this week came at a whopping 386K, the worst standalone print in 4 months. Well, until last week's revision that is: instead of the 380K print that stunned everyone, last week's number has now been revised to a massive 388K. Why? So that mainstream media can declare, with a straight face, that this week saw the number of initial claims decline! Here is the reality: last week's expectation was for a print of 355K. Instead we got a number of 380K. Now this number is being revised to 388K, and is the biggest initial expectation to revision miss since early 2011. Needless to say, this means two things: 1) the transitory bump associated with record warm weather, which was nothing but pulling from the future, is now over, and 2) the April NFP print will be another disaster, which is just as the Fed wants it -  after all it is time to start setting the stage for the NEW QE (and certainly not QE3 which is already in place as Jeff Gundlach was so kind to explain) now that Obama is the margin hiker in chief.

The chart below shows the difference between the actual print (revised) and the expectation survey: 9 straight misses in a row.



For those not on the propaganda hopium dole, this is how YTD revisions look like, courtesy of John Lohman:



http://www.zerohedge.com/news/inital-claims-soar-again-ninth-consecutive-miss-expectations-row-bls-back-propaganda-school



Nearly 4 years in and this is what Obama has to show. LOL.

FOUR MORE YEARS! FOUR MORE YEARS! 

[Skip8282]

I was reading on CNN that no President has won reelection with unemployment over 7% since FDR.

Maybe that will hold true for Barry as well.

Although the Obamabots are going to continue with "Bush's Fault".

[Soul Crusher]

I was reading on CNN that no President has won reelection with unemployment over 7% since FDR.

Maybe that will hold true for Barry as well.

Although the Obamabots are going to continue with "Bush's Fault".

If things keep going the way they are, Romney getting stronger and sharper , obama getting more divisive, partisan and bitter, and the economy tanking like it looks like - i am predicting a blowout of mondale like measure.

It will be even worse for slumbama than the midterms were.   

[Dos Equis]

I was reading on CNN that no President has won reelection with unemployment over 7% since FDR.

Maybe that will hold true for Barry as well.

Although the Obamabots are going to continue with "Bush's Fault".

I read it right here on getbig.     http://www.getbig.com/boards/index.php?topic=375465.0

[MM2K]

I was reading on CNN that no President has won reelection with unemployment over 7% since FDR.

Maybe that will hold true for Barry as well.

Although the Obamabots are going to continue with "Bush's Fault".

And FDR was able to point to an UE rate that was far lower than it was when he took office, and massive GDP growth.

[Hugo Chavez]

I was reading on CNN that no President has won reelection with unemployment over 7% since FDR.

Maybe that will hold true for Barry as well.

Although the Obamabots are going to continue with "Bush's Fault".

why can't we just cut all the bullshit and all recognize that some of all this can be attributed to Bush as well as Obama.  Hell some of it goes back to Clinton.  Why can't we blame all these fuckers?

[MM2K]

why can't we just cut all the bullshit and all recognize that some of all this can be attributed to Bush as well as Obama.  Hell some of it goes back to Clinton.  Why can't we blame all these fuckers?

Well, Bush DID get blamed for it. Even though he had 5% unemployment for most of his two terms. Both parties are to blame, not just presidents but legislators as well. But the problem is more so Dems than Republicans.

Obama deserves blame not so much for causing it (though he had a hand in it as well when he was a member of the Senate) but for not allowing the economy to recover and for instituting medicine that was far worse than the disease.

[andreisdaman]

why can't we just cut all the bullshit and all recognize that some of all this can be attributed to Bush as well as Obama.  Hell some of it goes back to Clinton.  Why can't we blame all these fuckers?

I don't attribute anything to Bush anymore...it's all Obama's baby from here on in