The US is just 120,000 jobs away from recovering all losses from the Great Republican Recession.

[onehandle]

'So close...'



http://qz.com/205518/the-most-important-charts-from-the-fantastic-april-jobs-report/#/h/65891,1/

[Shoulders of Giants]

1. I'm going to unemployed in two weeks.

I have a paid internship that ends when I graduate in two weeks. Its for a position where there is no option of staying on afterwards. I've been looking for my full time job since last October, and nothing's come up. My boss has been helping me look as well. Hopefully the job recovery means my job will be coming around soon.

[hobbit709]

2. Let's see a chart of a pay scale of all those new jobs.

[TBF]

16. ^ and I'd like to know how many are temporary -

like the "jobs" that homeless folks work at Amazon.

[oneofthe99]

18. shhhh

[JoePhilly]

29. You do understand why the pay scale would be lower after a recession ... right?

When the economy loses a huge number of jobs in a recession, you have many more people competing for a smaller set of available positions. Many of those people will be similarly qualified. Which means the one who gets the job will usually be the one willing to do it for less money.

Conversely, when UE is low, there are fewer people looking for work, and employers have to pay more to get people to switch from their current job to a new one. And that pushes the pay scale up.

The reality is that the pay scale won't start to move up after any recession until UE gets pretty low, and then stays low for an extended period.

Bottom line:You have to get UE down before you'll see the pay scale move up.

No one should be surprised to learn that the recession has had a negative impact on pay levels.

[hobbit709]

33. Too bad prices didn't lower after the recession. And paying half of what previous isn't acceptable.

Keep making excuses.

[JoePhilly]

35. Its a fact, not an excuse.

I mean, we might not like reality, but we do need to know what it is.

You will not see a wage increase until HE how down an stays down. It's a necessary condition.

Unless you expected wages to jump during and right after the Great Recession.

[sabrina 1]

39. Well, it's really nice to know that. Do you know WHO Caused the economic collapse btw?

How are THEIR salaries doing AFTER THE 'RECESSION'? Jamie Dimon, eg, did the 'recession' effect his pay check?

And considering the enormous damage these thieves and criminals did to the people of this country and others, losing their jobs for what, years, no INCOME at all, in many cases, many losing their homes too, and even after years they will NEVER CATCH UP as you just pointed out.

So considering this massive crime against the people, has even one of them paid for their crimes yet?? Maybe if we confiscated some of the billions, trillions they absconded with, we could pay back some of their victims, or put it back into the economy instead of letting them hoard it on one of their secret islands somewhere?

Btw, did you think you were telling people something they didn't know, did you not know that exactly what you just pointed out is already on the LONG LIST of results of their massive crimes?

Where's King Henry Paulson these days? How is his pay check after the recession??

[n2doc]

3. ...and yet so far...

[Savannahmann]

31. Now, you know better than to challenge the Propaganda.

[tridim]

4. Their nightmare is now their reality.

Doesn't even matter if they decide to "wake up" at this point. Sucks to be them.

[tritsofme]

5. Accounting for population growth, we are still millions behind

The hole they dug is still very deep.

[joeglow3]

10. THIS

We need to add millions of jobs over that period to just stay even. We are getting there and are on the right path, but have a ways to go.

[okaawhatever]

15. What about the rate of retirement to offset the population growth? What does it look like when

you've accounted for that? Since the baby boomers are by far the largest demographic it would seem the population growth of worker aged individuals would actually drop. Do you have any stats on your claim?

[tritsofme]

24. Here is one of the most informative threads on the subject

I have read lately.
sync.democraticunderground.com/10024904756


Not sure why you are being so defensive on this thread.

[L0oniX]

6. Yeah ...low wage jobs. n/t

[Puzzledtraveller]

7. Lol

[1000words]

8. +1

[Sheepshank]

9. wow....no one is publically recognizing that upward swing. n/t

[okaawhatever]

11. Some people just have to piss on everything. Good news. We'll be back to the total number of jobs we

had, then we'll be back to the same unemployment rate, then we'll be back to higher income jobs, then we'll be back to more jobs than in the past and so on.
To those who want to piss on any good news that comes out: To heck with you. Those of us who truly care about this country and it's future will celebrate all the good news we can. Good news is a sign of progress. We're not there, but we're getting there. You can stay miserable and spout you "yeah but" bullshit, but me, i'll be happy. And i'll be happy when more good news comes out. And I'll work for a higher minimum wage, and I'll be happy when that happens as well.
I've noticed that most of the whiners espouse a Marxist, Socialist or Communist economy. We aren't any of those things in the Democratic party so maybe you'd be happier if you complained to other Marxists and stop whining to Democrats who believe in capitalism with strong regulation and a healthy social safety net.

[1000words]

12. Okay ...

Ah ... whatever.

[scheming daemons]

14. The trajectory matters. And under Obama, the trajectory has been good.

Don't measure against whether we're where we need to be... measure whether we are moving in that direction or not.

[TBF]

17. lol - "those damned Marxists and socialists"

It's just such a damned bummer when people don't say what you script for them.

[BlindTiresias]

20. Agreed!

Those serfs better be happy with those minimum wage jobs. The job creator are already stressed enough and if the people are too whiny and entitled to be pleased with what is given to them then they can just GET OUT.

Unless you are happy with what you are given then you better just shut up and take it. Damn commies.

[okaawhatever]

21. I didn't say anything that you just wrote. nt

[BlindTiresias]

23. No I did!

I said it and I agree that people should just be happy with what they have and appreciate their station in life as is dictated by natural law. These whiners have simply gone too far, bunch of socialists.

[TBF]

37. You didn't have to -

We read you loud and clear.

[Dragonfli]

32. The new silent majority: the invisible poor

Do not exist in the realm of politics and politicians, they must not be heard or it will "harm" the party. A good indication of this here is how this post has dropped like a rock while ones like this are cheerfully exclaiming mission accomplished.

[HomerRamone]

34. In the long run we are all dead.

I assume you're not one of the long-term unemployed with almost NO hope of working again...

[winter is coming]

46. +1000. n/t

[dickthegrouch]

36. Those of pissing on the good news are probably

the ones it's so far passed by.

I am still unemployed with no prospects I know about.

I lost a 6 figure job and so far the only ones I've been offered to replace it are at least 75% less. I took a 75% pay cut 8 years ago when I joined the company that just laid me off.

I am still VERY pissed. Lots of us at 55+ are VERY pissed. What we were taught was to be our best earning years is turning out to be premature use of our recession-diminished retirement funds to make ends meet.

The fucking 1% are destroying us, and it's not even for their pleasure. I read articles where they are whining about being attacked for what they are doing. If they think that's being attacked, just wait. We will get more pissed and more insistent as our funds dry up in old age and we make them face the folly of their ways.

Listen to the last three minutes of this video http://www.democraticunderground.com/1017190230

All it takes for evil to triumph is for good men to do nothing.

/rant off

[taught_me_patience]

40. Good post. Completely agree. n/t

[cthulu2016]

45. What a horrible post! Nice work.

[oneofthe99]

13. yea

[bvar22]

19. THAT is a startling piece of hyperbole.

"just 120,000 jobs away from recovering all losses from the Great Republican Recession"

Wall Street and the 1% are doing better that EVER,
but there has been NO "recovery" for Main Street.

Retirement: A third have less than $1,000 put away
http://www.usatoday.com/story/money/personalfinance/2014/03/18/retirement-confidence-survey-savings/6432241/

The Totally Unfair And Bitterly Uneven 'Recovery,' In 12 Charts – HuffPo
http://www.democraticunderground.com/10023662029

Older Workers:.Set Back by Recession, and Shut Out of Rebound
http://www.nytimes.com/2013/08/27/booming/for-laid-off-older-workers-age-bias-is-pervasive.html?smid=tw-share&_r=3&

65 percent of working families are living from paycheck to paycheck.
http://billmoyers.com/2014/01/10/why-conservatives-old-divide-and-conquer-strategy-%E2%80%94-setting-working-class-against-the-poor-%E2%80%94-is-backfiring/

"Obama Admin’s TPP Trade Officials Received Hefty Bonuses From Big Banks"
http://billmoyers.com/2014/02/20/obama-admin%E2%80%99s-tpp-trade-officials-received-hefty-bonuses-from-big-banks/


95 percent of the economy’s gains have gone to the top 1 percent
http://billmoyers.com/2014/01/10/why-conservatives-old-divide-and-conquer-strategy-%E2%80%94-setting-working-class-against-the-poor-%E2%80%94-is-backfiring/

Billionaire wealth doubles since financial crisis
http://www.upi.com/blog/2013/11/12/Billionaire-wealth-doubles-since-financial-crisis/5011384268135/?spt=hts&or=12

US Wealthy Have Biggest Piece of Pie Ever Recorded
http://www.commondreams.org/headline/2013/09/11-6

Rates of unemployment for families earning less than $20,000 - have topped 21 percent
http://hosted.ap.org/dynamic/stories/U/US_JOBS_GAP_RICH_AND_POOR?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-09-16-08-11-23

Study: "Trade" Deal Would Mean a Pay Cut for 90% of U.S. Workers
http://citizen.typepad.com/eyesontrade/2013/09/the-verdict-is-in-the-trans-pacific-partnership-tpp-a-sweeping-free-trade-deal-under-negotiation-with-11-pacific-rim-coun.html

Obama selects former Monsanto lobbyist to be his TPP chief agriculture negotiator
http://www.democraticunderground.com/10023662210

Wall Street will get away with massive wave of criminality of 2008 - Statute of Limitations
http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/supreme-court-ruling-a-blow-for-future-financial-crisis-cases/

Income gap widest ever: 95 Percent of Recovery Income Gains Have Gone to the Top 1 Percent
http://www.slate.com/blogs/moneybox/2013/09/10/one_percent_recovery_95_percent_of_gains_have_gone_to_the_top_one_percent.html

Right now, forty percent of Americans make less than the minimum wage from 1968.
http://pac.petitions.moveon.org/sign/raise-the-minimum-wage-19/?source=search

Daily CEO Pay Now Exceeds the Average Worker's Annual Salary –
http://thecontributor.com/daily-ceo-pay-now-exceeds-us-workers-annual-salary

New Rule (Passed by Congress and signed by President Obama) signals Kiss of Death for Pensions
http://www.cnbc.com/id/100694955

Corporate Profits Have Grown By 171 Percent Under Obama -- Highest Rate Since 1900
http://www.alternet.org/news-amp-politics/corporate-profits-have-grown-171-percent-under-obama-highest-rate-1900

THIS ^ does NOT happen by accident.
It is the result of carefully planned and implemented Economic Policy.
It requires careful preparation, marketing, buying the right politicians, message control, courts packed with Conservative Corporate Rights Judges, and the marginalization and suppression of any opposition.


So, pardon me.
I won't be joining the Mission Accomplished Parade,
nor will I celebrate replacing good paying jobs with low wage/no benefits McJobs,
and then shouting, Hey. We're breaking even!!!!

[1000words]

22. Loyalists have their orders

The "fantastic" job report means prosperity is right around the corner. Whew ... mid-term drubbing averted.

[KentuckyWoman]

43. Your post is fantastic

I dislike the OP but rec the thread for your post.

[winter is coming]

44. +1. "Mission Accomplished" doesn't pay the bills. Good jobs do. n/t

[closeupready]

25. Well then QUICK! Someone DO something! Lay people off!

Shut down factories and move them to China! Now!!!!11!!

K&R

[BlindTiresias]

26. Really though

Anyone who says that these low paying jobs will somehow be converted into higher paying jobs hasn't the faintest grasp of economics and I would bid them to educate themselves on the matter before opening their mouths again.

Perhaps they can explain the magical mechanism for what they are arguing for?

[Rex]

27. Will this be reported as huge news by the corporate media?

YOU WOULD think so, since this involves their paymasters - but sadly this will be ignored by the 'liberal media'. They are too busy trying desperately to get another republican elected into office.

[Go Vols]

28. We are headed towards 0% unemployment

[Teamster Jeff]

30. "Would you like some fries with that?"

[TBF]

38. Best reply of the thread -

[Skittles]

41. and it only took.......eight years to get even

well, "even" in pink lines only

[KentuckyWoman]

42. bullshit

My house is worth a fraction what it should. I lost a minimum of $42,000 due to pay cuts. The dollar loss of savings is more difficult to figure. I'm old enough that I can not live long enough to recover the loss let alone gain what could have gained if the predator class hadn't blown it all up.