Job Numbers Are Up.. 144,000 in Aug.

[andino]

http://www.bls.gov/

[nickinSTL]

1. Bullsh!t

n/t

[fishface]

2. Probably not...

McDonalds has been on a hireing spree (quality jobs).. no wait..those are "manufacturing" jobs now..right?

[cthrumatrix]

14. you need 120,000/mo avg. just for new people entering the job market

the three month avg is half this number

[andino]

3. Yeah

I thought that those numbers were high too. I bet they will refine them down again.

Bush needed good numbers for his 'bounce' after the RNC.... :mad:

[nickinSTL]

41. Yeah, or they'll lie and revise them up

Like I suspect they have on the upward revision of last months 32,000 up to 73,000

[slojim240]

28. Wait until they are "adjusted downward" as they have been in the past.

I would like to see the names of the 144,000 who were newly employed.
144,000 hmmmm... another Bibical sublimnable message.

[tritsofme]

30. Like they were revised upward today?

Is that what you mean?

Sure.

[leftyandproud]

4. well, shit

this + the coverage of the convention will probably give him a boost in perception..

At least this hurricane is distracting from the convention last night...My local news today led off with the hurricane story and only gave the bush speech about 20 seconds. I hope it is the same nationwide

;) ;) ;)

[flpoljunkie]

5. Interesting they revised last months numbers 32,000 up to 73,000. WTF!

Very suspicious...

[tritsofme]

15. Not really

These revisions are not outside of the norm.

[flpoljunkie]

25. The idiot on CNN just revised July upward to 112,000! Is this normal?

[tritsofme]

27. Idiot on CNN is idiot

July was only revised upward to 73k.

Still anemic, but not an out of the ordinary revision.

[59millionmorons]

18. 73,000 isnt much better

But double the original report??????

[JI7]

6. part time, low wage, summer jobs for mostly students ?

[tritsofme]

16. Those kind of jobs are probably seasonally adjusted out of

out of the fold.

[flpoljunkie]

26. Are the teachers who have just gone back to work part of this figure?

[Blue_Roses]

43. Gotta be--school did start this month

and my child's school is still hiring teachers for the large enrollment this year. It doesn't mean it's a stable job market though.

[Bernardo de La Paz]

7. But not enough to even keep pace with population or Bush's two promises

It takes 150,000 to keep pace with population. 144,000 doesn't cut it.

Bush promised to create a million jobs in the year leading up to the election. That is now impossible.

Bush promised to create jobs in his convention speech in 2000. The truth: Bush is the first president since Herbert Hoover in 1932 depression to have a net loss of jobs.

[kikiek]

12. Isn't it funny the media makes it sound like it's a good number.

[tritsofme]

17. Jobs created in 2004 is now 1.2 million

bush still has a net loss of 913,000 jobs.

[59millionmorons]

He predicted 2.6 million

So he needs 1.4 million in three months. Thats about 450,000 a month. When was the last time we had one month of 450,000?

[Bernardo de La Paz]

22. demem is right. Bush promised in 2004 to bring his total loss up to zero.

[tritsofme]

24. March 2000 was +493

I for am not expecting anything near this the next few months.

[MrBenchley]

8. Of course, we need that many every month

just to keep pace with population growth....

And you might recall, the prediction back in January was 300,000 EVERY month...

[DemNoir]

9. So what

Even if they were good jobs that number stinks. Below what is even needed to keep pace with population.

[bluedog]

10. on bussiness channel

a man was saying.that with the unemployment number wgere people have given up looking for jobs the "real" unemployment number was around 7%

and earlier this week the filing for unemployment was up.so what gives?...........putting lipstick on a pig(bush)

[SangamonTaylor]

11. I'm one of those added jobs

A very conservative (mostly Republican) Houston lawfirm hired me in August. Happy happy joy joy!!!

Also, my girlfriend and brother found their way onto new payrolls as well.

[kikiek]

13. Well aren't you lucky. Obviously in the minority.

Of course law firms aren't going to replace the manufactoring jobs or technical jobs that are being outsourced. We are also losing ground on wages.

[nickinSTL]

20. Congrats

Even if it's a conservative workplace

My fiancee found out Wednesday that the company she's been interning with won't hire her. Officially, she's not quite good enough. In reality, they have terrible management and their financial projections for the cost of their major project turned out to be way low, so they can't afford to hire any more personnel.

So, she's back to full unemployment. Of course, 3 years of it means she's not counted in the unemployment figures.

[ihaveaquestion]

19. According to who? Bush's Labor Dept? Not Credible! nt

[npincus]

21. what was the projection? Is this a "good" number?

I know it's way up from July, but what were expectations for August?

In other words, can the Asshole crow about this?

[59millionmorons]

23. 150,000

My math say's 144,000 is less. And this doesnt even cover population growth.

[kikiek]

32. No very bad actually. Didn't even create enough jobs for people

newly entering the job market. Not to mention then that none for those looking were created. To add to this most the the jobs at this time of year will be seasonal or part time and low wage earning without benefits. Obviously much more than a single number is involved anyways. Like the unemployment rate doesn't account for people who have run out of benefits.

[tritsofme]

33. Incorrect on a few counts

Seasonal jobs are not counted in this "seasonally adjusted" number.

And unemployment rolls and the unemployment rate are completely unrelated and come from completely independent sources.

Also, it is hard for me to call this number very bad, it is not good, but isn't horrible either. I would call it "ok"

[kikiek]

35. Still looks like he will end his presidency with job losses.

That is very bad.

[tritsofme]

36. Yes, still net job loss of 913,000, not good at all. nt

[Snellius]

29. The Chamber of Commerce must have put out the word

I wonder how many of these new hires will suddenly "not be needed" after the election. Corps will use a Bush victory as the perfect time to "clean house."

[Flubadubya]

31. Good numbers or no....

It's all the media needed to keep their "Atta-boy George" sham going. This is all we will hear about now for the rest of the news cycle.

"Senator Kerry has something to say? Oh, well we'll get around to that, but we simply MUST keep repeating how wonderful Shrubbie's economic policies have been for this country, don't you know." -- The Media (sarcasm off)

[Tarheelhombre]

34. How can the numbers be considered good if we need over 150,000 JOBS just

to keep up with population growth?

[kwolf68]

37. Numbers for June and July

Have also been moved up.

[tritsofme]

38. Moved up from disastrous to bad.

That's about it.

[maine_raptor]

39. A Thought on these Numbers

First a question or two:

These are Aug numbers. What happened 2 months ago? Graduations, High School and College.

Now these numbers maybe "seasonally adjusted", but does that "season" include that fact? What determines a "season".

Now the thought:

I've noticed in the posts, so far, folks saying that you need such and such number to keep up. In the end it really doesn't matter. What matters is if YOU have a job and if YOUR comfortable with it's likelihood of continued existence.

Politically, fearing for your job is almost as bad as not having one.

So whether it's 120k, 140K, or 150K per month that's needed, hearing that 144K number is not going to bring much comfort to those worried about the job they have.

And those will vote for a change, Nov. 2.

[Julien Sorel]

40. Not enough.

Media are looking at results as disappointing, and AP -- the big boy of this game -- put it in context of the number of jobs lost since Bush has been in office. Economy is still being viewed as a negative for Bush.

[GaryL]

42. This is a negative!

Damn it folks! We need postive job growth in the area of 300K to get even close to a recovery. I don't care if you're pug or dem, I have friends out of work that simply can't find a decent job and their families are hurting. And "dropping" the unemployement rate is spinning crap.

[Yavin4]

44. It's a "C-" Jobs Report for a "D+" President n/t

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