J-O-Bs: Turns Out It's the Weather

[don]

Cognitive Dissonance Part 22,376 ... aka more bullshit to drive Americanos stark raving mad ....

Weather a Factor in Slow U.S. Job Growth

A “Job Hunters Boot Camp” was held last month in Burlingame, Calif., tailored for people who have been out of work for at least six months (a Happy Camper?- the last boot camp this guy was in was for the Korean War)

The United States labor market slowed to a crawl in January, adding just 36,000 jobs last month, far below consensus market forecasts.

With 13.9 million people still out of work, the unemployment rate actually fell to 9 percent, from 9.4 percent, in part because of a readjustment of population figures and also because fewer people looked for jobs during the month.

The disappointing jobs number, restrained by snowstorms and government layoffs, was far below what economists generally say is needed to merely keep pace with normal population growth.

“You can blame weather for the number being as low as it is,” said Steve Blitz, a senior economist for ITG Investment Research.

“until we see a sustained period of stronger job creation, we cannot consider the recovery to be truly established.” The Bernanke

You know my methods, Watson.

Sherlock Holmes,The Crooked man

http://www.nytimes.com/2011/02/05/bu...?_r=1&hp#tab=0

[unlucky]

Re: J-O-Bs: Turns Out It's the Weather

Indeed, the weather was also responsible for high inflation and falling GDP in the UK. It's called "Global MisInforming"

[jtabeb]

Re: J-O-Bs: Turns Out It's the Weather

Indeed, the weather was also responsible for high inflation and falling GDP in the UK. It's called "Global MisInforming"

That's was, FANTASTIC!

[lektrode]

Re: J-O-Bs: Turns Out It's the Weather

Originally Posted by unlucky
Indeed, the weather was also responsible for high inflation and falling GDP in the UK. It's called "Global MisInforming"

That's was, FANTASTIC!

and don observes:
Cognitive Dissonance Part 22,376 ... aka more bullshit to drive Americanos stark raving mad ....

heh.... just a few of the comments eye see this am:

http://forums.wallstreetexaminer.com...m-labor-force/

"...All in all, it appears that Bernanke's money printing machine in the basement isn't doing anything to grow jobs. Instead of printing money to deposit in primary dealer trading accounts, maybe the Fed should print the money and put people on its payroll directly. But now that we know for sure that Bernanke's plan isn't working, sadly, we also know from his past behavior what his response will be. Print more money...."

---0---

Total non-farm payroll fell by 2.9 MILLION!!! (from 131.1 to 128.2).from December to January
(Actual / non-seasonal adjusted)

Manufacturing down 100K
Construction down 300K
Retail down 600K
Prof & Bus Svcs down 450K
Educ & Health down 300K
Leisure/Hospitality down 300K
Government down 500K
(although Fed govt was up 30K)

I hope there is some core error in this data.

http://www.bls.gov/news.release/empsit.t17.htm

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Here's a little trip down memory lane courtesy of Nancy Pelosi, who released the following statement in August of 2003:

"“The fact is that President Bush’s misguided economic policies have failed to create jobs. Since President Bush took office, the country has lost 3.2 million jobs, the worst record since President Hoover. And today we learned that in July nearly half a million people gave up looking for a job."

Unemployment at the time was 6%.

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wonder what queen nancy and the rest of her pals is cooking up for her next act.... talk about yer _inconvenient-truth_ at this rate of 'improvement', her policies/politix over the prev 4years will have us looking back yearningly for the 'good ole daze'...

of the 1930's.

[don]

Re: J-O-Bs: Turns Out It's the Weather

"“The fact is that President Bush’s misguided economic policies have failed to create jobs. Since President Bush took office, the country has lost 3.2 million jobs, the worst record since President Hoover. And today we learned that in July nearly half a million people gave up looking for a job."

Call it a Down the Drain Snapshot



MSM Disinformation Sink

Every 4-years they threaten to change the faucet

Expensive but necessary . . . .

[chr5648]

Re: J-O-Bs: Turns Out It's the Weather

"“The fact is that President Bush’s misguided economic policies have failed to create jobs. Since President Bush took office, the country has lost 3.2 million jobs, the worst record since President Hoover. And today we learned that in July nearly half a million people gave up looking for a job."

Bush took one, maybe a few, for the team. Everyone in america likes a team player.

[KGW]

Bush takes another for the "team" ...

http://www.reuters.com/article/2011/...7141CU20110205

By Stephanie Nebehay

GENEVA | Sat Feb 5, 2011 11:49am EST

GENEVA (Reuters) - Former President George W. Bush has canceled a visit to Switzerland, where he was to address a Jewish charity gala, due to the risk of legal action against him for alleged torture, rights groups said on Saturday.

Bush was to be the keynote speaker at Keren Hayesod's annual dinner on February 12 in Geneva. But pressure has been building on the Swiss government to arrest him and open a criminal investigation if he enters the Alpine country.

[lektrode]

Re: J-O-Bs: Turns Out It's the Weather

Bush took one, maybe a few, for the team. Everyone in america likes a team player.

heh... wonder when the current occupant might?
cept his team (in manhattan) is still taking _over_ 'the team' (Team USA) so they can gut it, pay themselves billions and then sell whats left back to us

and hey! the only thing queen nancy ever took, was her private 757 back n forth to california every week....
proving that the rest of the team _shall_ take one for her,
but she'll take the 757
while the rest of us ride the bus....