--- In FairfieldLife@yahoogroups.com, Bhairitu <noozg...@...> wrote: > > do.rflex wrote: > > --- In FairfieldLife@yahoogroups.com, Bhairitu <noozguru@> wrote: > > > >> Result of temporary Christmas hiring. Happens every year. Many will > >> > > be > > > >> laid off in January. > >> > >> > > > > > > The decrease in unemployment numbers has been occurring since January > > and it certainly isn't all due to "Christmas hiring." > > > > In the strongest employment report since the recession began > > nearly two years ago, the government said Friday that the nation's > > employers had all but stopped shedding jobs in November, taking some of > > the pressure off of President Obama to come up with a wide-ranging jobs > > creation program. > > The Labor Department reported that the United States economy lost 11,000 > > jobs in November, and the unemployment rate fell to 10 percent, down > > from 10.2 percent in October. > > > > The government also significantly revised its September and October job > > loss estimates. > > > > > > September's data was adjusted to show a loss of 139,000 jobs instead > > of 219,000, and in October 111,000 jobs were lost, instead of 190,000. > > > > > > Even allowing for the November loss, the revisions added 148,000 people > > to the list of those employed in the United States in November. > > > > Though the pace of job loss has been declining since a peak in January, > > the November number was surprising. Economists had been expecting a > > turning point to come in the late spring or summer, with employers > > finally adding workers as a recovery takes hold. The last time the > > number was so bright was in December 2007, when the economy added > > 120,000 jobs. > > http://www.nytimes.com/2009/12/05/business/economy/05jobs.html?_r=1&hp > > Come up from Brazil and take a look around. The government hasn't been > reporting accurate unemployment for years. Many have just given up and > don't ask me how they survive. They don't count people like me who do > contracting and move in and out of bust and boom periods. And what are > the new jobs paying? Probably not the wages some people have been used > to earning. I know there are older folks working a Starbucks who > probably had much better paying gigs in the past. I also suspect my > server at the restaurant the other day (notches above what you'd expect) > also took the job paying less than what he was earning. > > The Republicans trashed the US Economy and sold our asses to the > Chinese. And I don't expect Obama, who seems to have been part of a > secret (or not so) Wall Street coup, to produce miracles. > > And given the report on the coming "ice age" (the one the other day was > not the first) we should all be joining you. In fact when I read the > first report from the Pentagon several years ago a song "let's all move > down to South America" popped into my head loosely based on that old > movie theater snack ad "let's go out to the lobby." ;-) >
I suppose you think that all of the following which has happened since Obama took office in January is ALSO lies from the government: ~~U.S. Enters Recovery as Stimulus Refutes Skeptics~~ Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=a7iQTrYFwTtY ~~U.S. Economy Gets Lift From Stimulus~~ Wall Street Journal: http://online.wsj.com/article/SB125185379218478087.html ~~Germany, France out of recession~~ Guardian [UK]: http://www.guardian.co.uk/business/2009/aug/13/germany-france-emerge-recession ~~Japan Steps out of Recession~~ BBC: http://news.bbc.co.uk/2/hi/business/8205072.stm ~~UK Officially Out of Recession~~ http://www.guardian.co.uk/business/2009/sep/08/uk-factory-output-recession-recovery ~~Across the nation, housing starts are rising~~ Journal Sentinal: http://www.jsonline.com/business/53623677.html ~~Retail sales rose at the swiftest rate in three years in August~~ http://www.forbes.com/2009/09/15/briefing-americas-open-markets-equities-retail.html ~~U.S. household wealth up for first time since 2007~~ http://www.reuters.com/article/marketsNews/idUSN1730000520090917 ~~US leading economic index up for fifth month in a row~~ http://news.yahoo.com/s/afp/20090921/ts_alt_afp/useconomygrowthindex ~~Obama loan relief plan hits goal early ~~ http://www.google.com/hostednews/ap/article/ALeqM5gOGPH5tuY5PvE2_kbh0FBQPiqnUQD9B6V5IO3 ~~Obama's mortgage relief program growing ~~ http://news.yahoo.com/s/ap/20090909/ap_on_re_us/us_foreclosure_aid ~~Dow passes 10,000 mark on earnings optimism~~first time in a year http://www.reuters.com/article/newsOne/idUSTRE5881Q720091014 ~~GDP Grew 3.2 percent as Stimulus Took Hold: U.S. Economy Preview~~ http://www.bloomberg.com/apps/news?pid=20601087&sid=aDGvmWmB18w0 ~~Jobs outlook brightens - National Association for Business Economics says more U.S. firms are planning to hire and increase investment in the next six months~~~ http://money.cnn.com/2009/10/26/news/economy/NABE/?postversion=2009102612 ~~U.S. Goods Orders Rise for Fourth Time in Six Months ~~ Orders for U.S. durable goods rose in September for the fourth time in the past six months, a sign factories are helping ring in an economic recovery. http://www.bloomberg.com/apps/news?pid=20601068&sid=aXTOqhc6Ac4I ~~Durable-Goods Orders Tick Up~~ Orders climbed for long-lasting goods during September, the fourth increase in six months, while a key gauge of capital spending rose strongly, a favorable sign for U.S. manufacturing. http://online.wsj.com/article/SB125673286433612857.html ~~USA Today: Stimulus working, having "significant impact on economy"~~ http://www.usatoday.com/news/nation/2009-10-27-jobs_N.htm ~~ Economy grows in 3Q, signals end of recession~~ http://news.yahoo.co Economy grows in 3Q, signals end of recession m/s/ap/20091029/ap_on_bi_go_ec_fi/us_economy ~~Productivity at 6-year high, jobless claims fall~~ http://www.washingtonpost.com/wp-dyn/content/article/2009/11/05/AR2009110501639.html ~~US leading indicators up for seventh month in row~~ http://news.yahoo.com/s/afp/20091119/ts_alt_afp/useconomygrowthindex ~~New Consensus Sees Stimulus Package as Worthy Step~~ http://www.nytimes.com/2009/11/21/business/economy/21stimulus.html?_r=1&hp ~~US Economy: Existing Home Sales Jump 10% as Prices Decline~~ http://www.bloomberg.com/apps/news?pid=20601068&sid=amzSIrwi9.9k ~~Recovery lifting labor market out of worst slump in post-World War II era~~ http://www.bloomberg.com/apps/news?pid=20601068&sid=aCLBmnGq2pPM
