Visit the U.S. Politics Online Discussion Forum Archives!

Sponsored by:

U.S. Politics Online: A Political Discussion Forum  

Bookmark Us! E-Mail DONATE NOW! Photo Gallery Document Archives Quiz! Register to Vote!!!
Go Back   U.S. Politics Online: A Political Discussion Forum > Issue Politics > Economic Issues

Economic Issues Business, Commerce, Consumer Affairs, Economics, Public Finance, Trade

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 05-02-2008
jviehe's Avatar
jviehe jviehe is offline
President

 
Member Since: Jan 2004
Location: Tallahassee, FL
Posts: 11,660

United_States    
Employment stable in APril 2008

Sorry pessimists, this just isnt your week. With GDP still increasing and unemployment better than feared, the headlines being craved by democrats for "massive unemployment and "recession" just arent materializing. Maybe next month?

Quote:
THE EMPLOYMENT SITUATION: APRIL 2008


Nonfarm payroll employment was little changed in April (-20,000), following
job losses that totaled 240,000 in the first 3 months of the year, the Bureau
of Labor Statistics of the U.S. Department of Labor reported today. The unem-
ployment rate, at 5.0 percent, also was little changed in April. Employment
continued to decline in construction, manufacturing, and retail trade, while
jobs were added in health care and in professional and technical services.

Unemployment (Household Survey Data)

The number of unemployed persons (7.6 million) and the unemployment rate
(5.0 percent) were little changed in April. A year earlier, the number of
unemployed persons was 6.8 million, and the jobless rate was 4.5 percent.
Over the month, the unemployment rates for most major worker groups--adult
men (4.6 percent), teenagers (15.4 percent), whites (4.4 percent), blacks
(8.6 percent), and Hispanics (6.9 percent)--showed little or no change. The
jobless rate for adult women decreased to 4.3 percent in April, nearly off-
setting an increase in the prior month. The unemployment rate for Asians
was 3.2 percent (not seasonally adjusted) in April. (See tables A-1, A-2,
and A-3.)

Total Employment and the Labor Force (Household Survey Data)

Both total employment, at 146.3 million, and the employment-population
ratio, at 62.7 percent, were little changed in April. Over the month, the
labor force participation rate held at 66.0 percent; it was the same rate a
year earlier. (See table A-1.)

In April, the number of persons working part time for economic reasons
increased by 306,000 to 5.2 million. This level was 849,000 higher than in
April 2007. These individuals indicated that they were working part time
because their hours had been cut back or because they were unable to find a
full-time job. (See table A-5.)

Persons Not in the Labor Force (Household Survey Data)

About 1.4 million persons (not seasonally adjusted) were marginally attached
to the labor force in April. These individuals wanted and were available for
work and had looked for a job sometime in the prior 12 months. They were not
counted as unemployed because they had not searched for work in the 4 weeks pre-
ceding the survey. Among the marginally attached, there were 412,000 discouraged
workers in April, about the same as a year earlier. Discouraged workers were not
currently looking for work specifically because they believed no jobs were avail-
able for them. The other 1.0 million persons classified as marginally attached
to the labor force in April cited reasons such as school attendance or family
responsibilities. (See table A-13.)
__________________
http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.
Reply With Quote
  #2 (permalink)  
Old 05-02-2008
pramjockey's Avatar
pramjockey pramjockey is online now
OMG!
Scruffy-looking nerf herder

 
Member Since: Feb 2006
Location: Morrison, CO
Posts: 14,182

Scotland     Colorado

Re: Employment stable in APril 2008

Source?
__________________
When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears
Reply With Quote
  #3 (permalink)  
Old 05-02-2008
Steve's Avatar
Steve Steve is online now
President

 
Member Since: Nov 2006
Location: San Diego
Posts: 15,052

   
Re: Employment stable in APril 2008

I found this: Business & Technology | April job losses less than expected, unemployment rate eases to 5% | Seattle Times Newspaper
Reply With Quote
  #4 (permalink)  
Old 05-02-2008
PopulistAmerica's Avatar
PopulistAmerica PopulistAmerica is offline
Concerned Citizen

 
Member Since: May 2008
Location: Indiana
Posts: 32

United_States     Indiana

Re: Employment stable in APril 2008

What about all those manufacturing jobs we used to have? Oh yeah I forgot, the global economy is more important than domestic workers.
__________________
"Officeholders are the agents of the people, not their masters."- Grover Cleveland

The 10 Planks of the American Populist Party
-Liberty
-The Bill of Rights
-Decentralization
-Democratic Process
-Non-agression
-Constitutional gov't
-Anti-militarism
-Oversight in gov't
-Read the Bills Act
-Accountability
Reply With Quote
  #5 (permalink)  
Old 05-02-2008
pramjockey's Avatar
pramjockey pramjockey is online now
OMG!
Scruffy-looking nerf herder

 
Member Since: Feb 2006
Location: Morrison, CO
Posts: 14,182

Scotland     Colorado

Re: Employment stable in APril 2008

Quote:
Originally Posted by PopulistAmerica View Post
What about all those manufacturing jobs we used to have? Oh yeah I forgot, the global economy is more important than domestic workers.
Huh?

That's the companies seeking out their profits. Can't blame anyone but business for that.
__________________
When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears
Reply With Quote
  #6 (permalink)  
Old 05-02-2008
pramjockey's Avatar
pramjockey pramjockey is online now
OMG!
Scruffy-looking nerf herder

 
Member Since: Feb 2006
Location: Morrison, CO
Posts: 14,182

Scotland     Colorado

Re: Employment stable in APril 2008

Yeah, but that's more "things aren't quite as shitty as we feared." Not quite the intent I derived from the OP.
__________________
When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears
Reply With Quote
  #7 (permalink)  
Old 05-02-2008
PopulistAmerica's Avatar
PopulistAmerica PopulistAmerica is offline
Concerned Citizen

 
Member Since: May 2008
Location: Indiana
Posts: 32

United_States     Indiana

Re: Employment stable in APril 2008

Quote:
Originally Posted by pramjockey View Post
Huh?

That's the companies seeking out their profits. Can't blame anyone but business for that.
I'm referencing trade deals that encourage the outsourcing of jobs for the global market. Companies will seek to profit regardless of what we do, I just think we should make it more profitable to hire unemployed Americans rather than simply outsource to China.
__________________
"Officeholders are the agents of the people, not their masters."- Grover Cleveland

The 10 Planks of the American Populist Party
-Liberty
-The Bill of Rights
-Decentralization
-Democratic Process
-Non-agression
-Constitutional gov't
-Anti-militarism
-Oversight in gov't
-Read the Bills Act
-Accountability
Reply With Quote
  #8 (permalink)  
Old 05-02-2008
pramjockey's Avatar
pramjockey pramjockey is online now
OMG!
Scruffy-looking nerf herder

 
Member Since: Feb 2006
Location: Morrison, CO
Posts: 14,182

Scotland     Colorado

Re: Employment stable in APril 2008

Quote:
Originally Posted by PopulistAmerica View Post
I'm referencing trade deals that encourage the outsourcing of jobs for the global market.
Which trade deals are those?
__________________
When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears
Reply With Quote
  #9 (permalink)  
Old 05-02-2008
Steve's Avatar
Steve Steve is online now
President

 
Member Since: Nov 2006
Location: San Diego
Posts: 15,052

   
Re: Employment stable in APril 2008

Quote:
Originally Posted by pramjockey View Post
Huh?

That's the companies seeking out their profits. Can't blame anyone but business for that.
And you can't blame business for wanting to increase their profits.

Well, liberals can...
Reply With Quote
  #10 (permalink)  
Old 05-02-2008
PopulistAmerica's Avatar
PopulistAmerica PopulistAmerica is offline
Concerned Citizen

 
Member Since: May 2008
Location: Indiana
Posts: 32

United_States     Indiana

Re: Employment stable in APril 2008

Quote:
Originally Posted by pramjockey View Post
Which trade deals are those?
Well, NAFTA for one.
__________________
"Officeholders are the agents of the people, not their masters."- Grover Cleveland

The 10 Planks of the American Populist Party
-Liberty
-The Bill of Rights
-Decentralization
-Democratic Process
-Non-agression
-Constitutional gov't
-Anti-militarism
-Oversight in gov't
-Read the Bills Act
-Accountability
Reply With Quote
  #11 (permalink)  
Old 05-03-2008
pramjockey's Avatar
pramjockey pramjockey is online now
OMG!
Scruffy-looking nerf herder

 
Member Since: Feb 2006
Location: Morrison, CO
Posts: 14,182

Scotland     Colorado

Re: Employment stable in APril 2008

Quote:
Originally Posted by Steve View Post
And you can't blame business for wanting to increase their profits.

Well, liberals can...
I can if it's for a short-term gain at the expense of a sound long-term strategy. That's part of the problem in business today - there's so much focus on the qurterly numbers that the long term profitability of the company is often sacrificed.
__________________
When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears
Reply With Quote
  #12 (permalink)  
Old 05-03-2008
iamwhatiseem's Avatar
iamwhatiseem iamwhatiseem is offline
Moderator
Pays too much in taxes

 
Member Since: Mar 2004
Location: Indiana
Posts: 12,588

United_States     Indiana

Re: Employment stable in APril 2008

I love this kind of crap - I believe jviehe is trying to apply for one of those "talking heads" on corporate media who, even when the banks were falling like flies, still maintained "the economy is solid".
April's outcome is what everyone was expecting...still crap...still bad...just not worse.
Reply With Quote
  #13 (permalink)  
Old 05-03-2008
Imperator's Avatar
Imperator Imperator is offline
Moderator
Audiatur et altera pars!

 
Member Since: Sep 2006
Location: San Jose, Ca
Posts: 13,638

United_States    
Re: Employment stable in APril 2008

hey don't worry those surplus checks will get us through, well those that get them anyway.
__________________
No individual can plan his own existence in their view.

So the state planners must arrogate to themselves the right to manipulate any sector of the economic system if the good of “society” or the “general welfare” is paramount.

Ipso- if the rights of the individual get in the way, the rights of the individual must be sublimated.

The Road to Serfdom
FA Hayek (interpretation)


Mortgage Backed Security survivor
Reply With Quote
  #14 (permalink)  
Old 05-03-2008
Americano Americano is offline
Secretary of State

 
Member Since: Feb 2007
Location: Southern Oregon
Posts: 5,661

   
Re: Employment stable in APril 2008

Quote:
Originally Posted by Imperator View Post
hey don't worry those surplus checks will get us through, well those that get them anyway.
You mean the borrowed money? Don't feel entirely left out, those who didn't get any and their children and grandchildren still get to help service the debt.
Reply With Quote
  #15 (permalink)  
Old 05-03-2008
goober's Avatar
goober goober is offline
President

 
Member Since: Apr 2005
Location: massachusetts
Posts: 10,333

   
Re: Employment stable in APril 2008

The economy lost 20,000 jobs, the population went up, and unemployment went down.
OK................
__________________
“ The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.”

Adam Smith , The Wealth of Nations 1776

"We have always known that heedless self-interest was bad morals; we know now that it is bad economics"
FDR's second Inaugural Address
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -7. The time now is 11:38 PM.


Powered by vBulletin® Version 3.8.0 Beta 1
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6
Copyright © 2000 - 2008 U.S. Politics Online