Rayderr
Footballguy
Yet I still can't get a ####ing job with them!
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Unemployment lowest since 2008 (2 Viewers)
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Chadstroma
Footballguy
It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
Fennis
Footballguy
we already had that from 2000-2009It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
KnowledgeReignsSupreme
Footballguy
Zing!we already had that from 2000-2009It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
Phurfur
Footballguy
You have to know someone.Yet I still can't get a ####ing job with them!
Chadstroma
Footballguy
Yea... not so much.we already had that from 2000-2009It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
Parrothead
Footballguy
threaten to run for office.. you'll be offered a jobYou have to know someone.Yet I still can't get a ####ing job with them!
Fennis
Footballguy
Not so much? Seriously? By what measurement? GDP? DJIA? Real Estate? Purchasing power? What?Yea... not so much.we already had that from 2000-2009It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
Phurfur
Footballguy
Very Nice!threaten to run for office.. you'll be offered a jobYou have to know someone.Yet I still can't get a ####ing job with them!
Gr00vus
Footballguy
threaten to run for office.. you'll be offered a jobYou have to know someone.Yet I still can't get a ####ing job with them!
Not putting you on ignore finally pays off! Take a bow.
GroveDiesel
Footballguy
Not sure what you're seeing because another 235,000 people reportedly quit looking for work this month, so they're not counted in the unemployment figures. Guess you live in a lucky area.
Homer J Simpson
I don't push
Actually it's the opposite...Federal gigs are are no easier to get with connections. Assuming normal connections, not a Kennedy or Bush in-law type.You have to know someone.Yet I still can't get a ####ing job with them!
Rayderr
Footballguy
Actually it is. All to often managers will tailor a job listing so that only one particular person can get it. See it happen all the time here. Anytime you see a gov't job listing where the job is only open for applications for a week, the manager knows who they're hiring.Actually it's the opposite...Federal gigs are are no easier to get with connections. Assuming normal connections, not a Kennedy or Bush in-law type.You have to know someone.Yet I still can't get a ####ing job with them!
KnowledgeReignsSupreme
Footballguy
Reports are due out later this week (Wednesday and Friday). Hopefully no surprises this time.
KnowledgeReignsSupreme
Footballguy
Income growth outpaced PCE and income is now growing ex-transfer payments.
Rayderr
Footballguy
This one should be fine. But next month should start to show the re-entry of the census workers to the unemployment line.
KnowledgeReignsSupreme
Footballguy
This month's headline number will be negative as ~250K census jobs are being lost.
Arch Stanton
Footballguy
You won't get an answer. Probably just some rhetoric about "Oh yeah, blame Bush" as if the problem that occured during that time magically disappear and leave no lasting affect on America when someone else takes office.Not so much? Seriously? By what measurement? GDP? DJIA? Real Estate? Purchasing power? What?Yea... not so much.we already had that from 2000-2009It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
Rayderr
Footballguy
Did they start laying people off that long ago? The person I know that got hired by the Census Bureau had their first round of cuts just last week.
Statorama
gangster
KnowledgeReignsSupreme
Footballguy
Because measuring trough to trough is pretty silly.You won't get an answer. Probably just some rhetoric about "Oh yeah, blame Bush" as if the problem that occured during that time magically disappear and leave no lasting affect on America when someone else takes office.Not so much? Seriously? By what measurement? GDP? DJIA? Real Estate? Purchasing power? What?Yea... not so much.we already had that from 2000-2009It is beginning to look like what I feared... an American version of Japan's lost decade. Hopefully not.
KnowledgeReignsSupreme
Footballguy
Enough to affect the June numbers. The July census layoffs will be the biggest, I think.
KnowledgeReignsSupreme
Footballguy
June was +13,000.
BLS report is Friday.April was +224KMay was +20K (consensus was 200K)June's consensus estimate is 150K ex-Census.
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KnowledgeReignsSupreme
Footballguy
Yeah, but what's it trailing?
Statorama
gangster
Chadstroma
Footballguy
Wiping out gains is not what Japan's lost decade was all about. There is no comparison here.
KnowledgeReignsSupreme
Footballguy
Survey SAYS.... +100K ex-Census.Lower than forecast, and U3 unemployment drops as the participation rate declines again.
KnowledgeReignsSupreme
Footballguy
Not surprising that he doesn't get it.
Parrothead
Footballguy
So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed????? 
Statorama
gangster
When Joe Biden was in Wisconsin and said those jobs are gone and aren't coming back.Guess that's a backhanded way of admitting it.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
Chadstroma
Footballguy
So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
This will only be more evidence that they need to spend more money.
cr8f
Footballguy
Wisconsin created 40,000 jobs in May.
Are Cheney and Boehner doing the counting these days? June's numbers aren't out yet but this seems insane-one state has as many jobs created as the whole country?
http://milwaukee.bizjournals.com/milwaukee...14/daily42.html
http://dwd.wisconsin.gov/dwd/newsreleases/...ate_default.pdf
This month they say 83,000 were created nationally. If my state created almost that many i'll be WTF?
Are Cheney and Boehner doing the counting these days? June's numbers aren't out yet but this seems insane-one state has as many jobs created as the whole country?
http://milwaukee.bizjournals.com/milwaukee...14/daily42.html
http://dwd.wisconsin.gov/dwd/newsreleases/...ate_default.pdf
This month they say 83,000 were created nationally. If my state created almost that many i'll be WTF?
cr8f
Footballguy
The GOP is watering down and voting against every bill, banks are taking free tax payer money and refusing to lend. Time for the republicans and the banks to do what's best for the country. Lend money to business so they can hire.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????This will only be more evidence that they need to spend more money.
Parrothead
Footballguy
I hear the mall in North Pittsburgh is crowded..
Chadstroma
Footballguy
Yes, yes, we know.... if not for the Republicans, we would live in an Utopian society of perfection crafted by Reid, Pelosi and Obama. As for 'lend money to business so they can hire', that kind of attitude is exactly how we got into this mess to begin with. Banks do not need to lend anything unless it makes sense to do so.The GOP is watering down and voting against every bill, banks are taking free tax payer money and refusing to lend. Time for the republicans and the banks to do what's best for the country. Lend money to business so they can hire.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
That is a nice theory, but I can tell you it helps to know someone. Even though the hiring is done by HR, managers have input and can help you get your foot in the door for an interview.Actually it's the opposite...Federal gigs are are no easier to get with connections. Assuming normal connections, not a Kennedy or Bush in-law type.You have to know someone.Yet I still can't get a ####ing job with them!
Homer J Simpson
I don't push
There's 56 other states, boss.
videoguy505
Footballguy
bigbottom
Footballguy
The high unemployment sucks, but I get the feeling that many businesses are healthier now (or at least are better positioned for the long term) after streamlining their workforces.Yes, yes, we know.... if not for the Republicans, we would live in an Utopian society of perfection crafted by Reid, Pelosi and Obama. As for 'lend money to business so they can hire', that kind of attitude is exactly how we got into this mess to begin with. Banks do not need to lend anything unless it makes sense to do so.The GOP is watering down and voting against every bill, banks are taking free tax payer money and refusing to lend. Time for the republicans and the banks to do what's best for the country. Lend money to business so they can hire.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????This will only be more evidence that they need to spend more money.
KnowledgeReignsSupreme
Footballguy
I know you care about the talking points more than the facts, but:http://macroblog.typepad.com/macroblog/201...ing-survey.html
This is from the Atlanta fed, which I'm sure has been infiltrated by Halliburton or something.
Chadstroma
Footballguy
There is a lot of speculation that the reason they are not hiring is fear. Fear of what the government will or will not do- what new regulations, new taxes, new policies, etc. The government has not promoted stability which is a foundation for business to grow.The high unemployment sucks, but I get the feeling that many businesses are healthier now (or at least are better positioned for the long term) after streamlining their workforces.Yes, yes, we know.... if not for the Republicans, we would live in an Utopian society of perfection crafted by Reid, Pelosi and Obama. As for 'lend money to business so they can hire', that kind of attitude is exactly how we got into this mess to begin with. Banks do not need to lend anything unless it makes sense to do so.The GOP is watering down and voting against every bill, banks are taking free tax payer money and refusing to lend. Time for the republicans and the banks to do what's best for the country. Lend money to business so they can hire.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
Chadstroma
Footballguy
That was the horrible thing about the stimulus. There was no way that it would be anything but 'good'. No matter how bad it got, it would always have been worse if not for the stimulus. You can see it here when Obama praises it for working when unemployment blew by their promises for where it would go if we just passed their bill. It is pathetic politicking and nothing more.
Ministry of Pain
Footballguy
Here, hand me your tooth and I'll put it under the pillow for you.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
Michael Fox Fan
Footballguy
Krugman is already leading the charge for ever more spending. Unreal.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
Osaurus
Footballguy
At first I thought this was a hurricane spaghetti model. Things are most certainly looking blah.
Chadstroma
Footballguy
What do you think the odds are that the Democrats will push for a stimulus II right before the 2010 elections? I put it somewhere between 99/100-100/100.Krugman is already leading the charge for ever more spending. Unreal.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????
This will only be more evidence that they need to spend more money.
KnowledgeReignsSupreme
Footballguy
His back of the envelope calculation when the recession started was fiscal stimulus of around $4T. He's just being consistent here.Krugman is already leading the charge for ever more spending. Unreal.So when will the administration admit that the 'stimulus' didn't work? Where are these jobs that were guaranteed if this bill was passed?????This will only be more evidence that they need to spend more money.
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