125,000 job lost, unemployment 9.5%

#1

joevol320

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#1
News Headlines

summer of jobs eh? just keep passing more regulations and higher taxes hussein.

but America deserves this, according to The Muslim, we've been to powerfull for to long and now social justice is finally coming.
 
#2
#2
private payroll was up 83K... a decent #

the overall number was down b/c of census jobs being let go.

The bad news is a 650K draw down in the work force (People giving up looking for jobs)

Thats why the rate dropped to 9.5%

Stock market futures are flat
 
#3
#3
I wouldn't call 83K a decent number, thats just like one city having a job. We need leadership, not someone that can read a telepromter.
 
#4
#4
yea I would have loved to see a 200K #, but at this point its baby steps and I will take it

Market futures are pointing to a higher open by about a 0.5%
 
#5
#5
And we have Senator Reid blaming the GOP and saying they don't want to help the unemployed because tehy voted down to extend unemployment benefits, or more gov't spending. That's right, it's those dirty Conservatives fault, the libs should take no blame for forcing the stimulus bill through and guaranteeing unemployment doesn't go above 8%and because it failed they want to extend benefit because of failed policy. It's quite sad.

What's even funnier is that our dear leader claimed "most" economist think the stimulus worked which is an outright lie. I bet less than 10% share his ridciulous belief that it worked. This guy becomes more ridiculous everyday.
 
#7
#7
with the huge drop in the market the past 9 days i'd say the fact the market is simply flat after this number tells you how bad it really is. a guy on cnbc this morning was saying we would GAIN 100k jobs. WHOOPS. obama is already on tv talking about how americans "fight" and how we should be postive going into fourth of july. lots of help.
 
#9
#9
I wouldn't call 83K a decent number, thats just like one city having a job. We need leadership, not someone that can read a telepromter.

We need someone who will pull back on government involvement in every detail of life.
 
#10
#10
And we have Senator Reid blaming the GOP and saying they don't want to help the unemployed because tehy voted down to extend unemployment benefits, or more gov't spending. That's right, it's those dirty Conservatives fault, the libs should take no blame for forcing the stimulus bill through and guaranteeing unemployment doesn't go above 8%and because it failed they want to extend benefit because of failed policy. It's quite sad.

What's even funnier is that our dear leader claimed "most" economist think the stimulus worked which is an outright lie. I bet less than 10% share his ridciulous belief that it worked. This guy becomes more ridiculous everyday.

the ridiculous part about this is every study has proven that extended unemployment benefits encourage people to remain unemployed and not do things that are neccasary like switch industries or take pay cuts.
 
#11
#11
not to mention there was an article about companies not hiring very many people who have gaps in their employment history. Said they just don't have the time to figure out why they were let go. Seems the best way to get a job is to already have one.

I had this discussion last Sat with a friend who got fired from our company (and rightfully so). He was railing the Repubs for not extending benefits and of course I disagreed. We'd had a couple beers by that time so I was pretty honest with him and I'm not sure we'll be getting together again anytime soon.
 
#12
#12
not to mention there was an article about companies not hiring very many people who have gaps in their employment history. Said they just don't have the time to figure out why they were let go. Seems the best way to get a job is to already have one.

I had this discussion last Sat with a friend who got fired from our company (and rightfully so). He was railing the Repubs for not extending benefits and of course I disagreed. We'd had a couple beers by that time so I was pretty honest with him and I'm not sure we'll be getting together again anytime soon.

Good for you. The truth hurts sometimes, but a real friend will still speak the truth.
 
#13
#13
Good for you. The truth hurts sometimes, but a real friend will still speak the truth.

i know there are many good people unemployed, but all of my unemployed friends didn't hold their jobs for very long and in every case either the boss was an ******* or they didn't appreciate their talents, etc etc etc. there's always some excuse. amazing how these people find every horrible place to work. at some point youd' think if you;d ask if you were the problem.
 
#14
#14
About six years ago, due to finance companies buying out other finance companies, I found myself unemployed. I did receive a retention bonus for keeping our systems running until the bitter end and also got severance pay. I refused to take unemployment. Six months later when I still could not find a job in my area of expertise (IT/Data Processing), I took what little was left of my severance pay, went to truck driving school for three weeks and got a job driving a big rig. For two years we barely made ends meet and I was hardly ever at home, but finally I got hired into my current Programmer Analyst position. It was a tough two years, but at the end of it, I was beholden to no one, especially not the government.

I'm not sharing this to brag, but to make the point that this is the only attitude that will throw off the government monkey on our backs, when we stop looking to the government to do for us and start showing a willingness to endure hardship rather than surrender liberty and honor.
 
#15
#15
PUSA Twitter

BarackObama: As the June unemployment numbers are released, it is clear we are headed in the right direction, but we are not headed there fast enough.

Oh really and what do you have planned for us?
 
#17
#17
i'm expecting a speech similar to "bush screwed us up far more than we could have ever imagined, this is why i want to spend another trillion dollars" in the next few weeks.
 
#18
#18
the ridiculous part about this is every study has proven that extended unemployment benefits encourage people to remain unemployed and not do things that are neccasary like switch industries or take pay cuts.

Ummm wrong. Pelosi says unemployment benefits create jobs and are in fact the best job creation tool we have...
 
#19
#19
Ummm wrong. Pelosi says unemployment benefits create jobs and are in fact the best job creation tool we have...

and followed it up with "can you imagine our country without unemployment checks?" Genius.

I think she posts here.
 
#21
#21
i know there are many good people unemployed, but all of my unemployed friends didn't hold their jobs for very long and in every case either the boss was an ******* or they didn't appreciate their talents, etc etc etc. there's always some excuse. amazing how these people find every horrible place to work. at some point youd' think if you;d ask if you were the problem.

exactly the same. He let a major system stay down for 3 days (he was the admin) and didn't tell anyone while he tried to fix it. Once it was discovered it took another couple days to get it back up and running. First thing he asks me "Is the jerk [ex-boss] still there? He threw me under the bus."
 
#22
#22
And we have Senator Reid blaming the GOP and saying they don't want to help the unemployed because tehy voted down to extend unemployment benefits, or more gov't spending. That's right, it's those dirty Conservatives fault, the libs should take no blame for forcing the stimulus bill through and guaranteeing unemployment doesn't go above 8%and because it failed they want to extend benefit because of failed policy. It's quite sad.

What's even funnier is that our dear leader claimed "most" economist think the stimulus worked which is an outright lie. I bet less than 10% share his ridciulous belief that it worked. This guy becomes more ridiculous everyday.


what's funny is that the republicans can't stop anything, the dems own the house and the senate. republicans can't stop anything.
 
#23
#23
About six years ago, due to finance companies buying out other finance companies, I found myself unemployed. I did receive a retention bonus for keeping our systems running until the bitter end and also got severance pay. I refused to take unemployment. Six months later when I still could not find a job in my area of expertise (IT/Data Processing), I took what little was left of my severance pay, went to truck driving school for three weeks and got a job driving a big rig. For two years we barely made ends meet and I was hardly ever at home, but finally I got hired into my current Programmer Analyst position. It was a tough two years, but at the end of it, I was beholden to no one, especially not the government.

I'm not sharing this to brag, but to make the point that this is the only attitude that will throw off the government monkey on our backs, when we stop looking to the government to do for us and start showing a willingness to endure hardship rather than surrender liberty and honor.

:salute:
 

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