Author Topic: Economy added 175,000 jobs in February  (Read 1203 times)

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Offline mystery-ak

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Economy added 175,000 jobs in February
« on: March 07, 2014, 08:52:25 AM »
http://www.usatoday.com/story/money/business/2014/03/06/february-jobs-report/6136915/

Economy added 175,000 jobs in February
Paul Davidson, USA TODAY 8:37 a.m. EST March 7, 2014

The job market rebounded from a two-month slump in February as employers added 175,000 jobs, while the unemployment rate rose to 6.7% from 6.6%, the Labor Department said Friday.

Economists surveyed by Action Economics estimated that 157,000 jobs were added last month.

Businesses added 162,000 jobs. Federal, state and local governments added 13,000.

Job gains for December and January were revised up by a total 25,000. December's were revised to 84,000 from 75,000 and January's to 129,000 from 113,000.

Many analysts had predicted another month of tepid job gains after a survey by private payroll processor ADP showed businesses added just 139,000 jobs last month. A measure of service-sector employment also fell sharply in February and reports on housing, retail sales and factory output have been weak amid an unusually cold and stormy winter.

Monthly job gains averaged 200,000-plus last fall before the adverse weather helped lower average gains to about half that in December and January. Yet some economists say other factors also have hurt the economy and labor market, such as a slowdown in business stockpiling after firms aggressively replenished shelves late last year.

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Offline evadR²

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Re: Economy added 175,000 jobs in February
« Reply #1 on: March 07, 2014, 08:54:59 AM »
Cooked books, fake numbers, lie and misrepresentations.
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Offline Bigun

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Re: Economy added 175,000 jobs in February
« Reply #2 on: March 07, 2014, 09:53:04 AM »










There is a reason for all this!

Offline Relic

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Re: Economy added 175,000 jobs in February
« Reply #3 on: March 07, 2014, 09:54:24 AM »
Cooked books, fake numbers, lie and misrepresentations.

I don't know. I golf with building contractors, and at the end of the season last year, they said things were going great. Margins are tight, but there is lots of business.

I had a home remodeling contractor over for an estimate. He said smaller, $10k - $20k jobs were his companies sweet spot, but he's taking on 3 $100k plus jobs this year because of the demand.

Offline katzenjammer

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Re: Economy added 175,000 jobs in February
« Reply #4 on: March 07, 2014, 09:55:27 AM »
Cooked books, fake numbers, lie and misrepresentations.

Exactly.  The numbers put out by FedGov are no longer worth discussing.  A total sham.

Offline Rapunzel

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Re: Economy added 175,000 jobs in February
« Reply #5 on: March 07, 2014, 04:53:55 PM »
They are getting credit for the energy boom in states like North Dakota and Texas.......  WI has improved because of Scott Walker's policies... you really need to look at this red state vs blue states to see the real picture.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline Bigun

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Re: Economy added 175,000 jobs in February
« Reply #6 on: March 08, 2014, 02:48:55 PM »
<a href="http://www.youtube.com/watch?v=QRpWir4eDrs&amp;feature=player_detailpage" target="_blank" class="aeva_link bbc_link new_win">http://www.youtube.com/watch?v=QRpWir4eDrs&amp;feature=player_detailpage</a>

Offline Rapunzel

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Re: Economy added 175,000 jobs in February
« Reply #7 on: March 08, 2014, 07:12:14 PM »
20% of the increase in jobs was in Texas
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline mountaineer

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Re: Economy added 175,000 jobs in February
« Reply #8 on: March 09, 2014, 08:10:43 AM »
Upside down on job stats
Michael Goodwin, NY Post


“There are three kinds of lies: lies, damned lies and statistics,” Mark Twain wrote. Let us here focus on the third lie’s link to unemployment.

For years, the White House insisted that falling unemployment rates proved the success of its policies. Critics said no way, arguing that, in many months, more people dropped out of the labor force than got jobs, and weren’t counted as unemployed. They cited the lowest labor participation rate in 35 years.

Which brings us to Friday’s decent jobs report, when the unemployment rate ticked higher, to 6.7 percent. Obama apologists insisted the rise was good news, saying the increase came because more people entered the work force because jobs were available.

OK, then, to recap: When the unemployment rate goes down, the administration is doing a good job. When the rate goes up, the administration is doing a good job.

Twain said it best.
A day without sunshine is like, you know, night.

Offline DCPatriot

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Re: Economy added 175,000 jobs in February
« Reply #9 on: March 09, 2014, 08:35:10 AM »
.....soon to be adjusted downward to, oh......let's say......132,000.   
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Offline evadR²

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Re: Economy added 175,000 jobs in February
« Reply #10 on: March 09, 2014, 09:16:54 AM »
Upside down on job stats
Michael Goodwin, NY Post


“There are three kinds of lies: lies, damned lies and statistics,” Mark Twain wrote. Let us here focus on the third lie’s link to unemployment.

For years, the White House insisted that falling unemployment rates proved the success of its policies. Critics said no way, arguing that, in many months, more people dropped out of the labor force than got jobs, and weren’t counted as unemployed. They cited the lowest labor participation rate in 35 years.

Which brings us to Friday’s decent jobs report, when the unemployment rate ticked higher, to 6.7 percent. Obama apologists insisted the rise was good news, saying the increase came because more people entered the work force because jobs were available.

OK, then, to recap: When the unemployment rate goes down, the administration is doing a good job. When the rate goes up, the administration is doing a good job.

Twain said it best.

Sounds like globull warming..
when it's hot, it's globull warming
when it's record colds, it's globull warming
when the polar ice caps have record growth, it's globull warming
when there's a record number of polar bears, it's globull warming
when the earth is spinning 0.001 microseconds faster due to the Japanese tsunami...yep, you guessed it...globull warming
November 6, 2012, a day in infamy...the death of a republic as we know it.

Offline kevindavis

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Re: Economy added 175,000 jobs in February
« Reply #11 on: March 09, 2014, 10:06:43 AM »
They are getting credit for the energy boom in states like North Dakota and Texas.......  WI has improved because of Scott Walker's policies... you really need to look at this red state vs blue states to see the real picture.

and in my state we lost jobs due to Pat Quinn and his cronies..
GOP House members came to Paul Ryan to be Speaker. He didn't come to them. And he was everybody's conservative darling back in 2012. So unless 1 of the remaining 240 wants to step up & do a better job in budgeting & negotiations & herding the party cats, then everybody please STFU. You go to battle with the army you have, not the one you want but don't have.

Kevin Davis

With Malice toward none, with charity for all, with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in, to bind up the nation's wounds.

Abraham Lincoln

Offline Rapunzel

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Re: Economy added 175,000 jobs in February
« Reply #12 on: March 09, 2014, 05:53:17 PM »
and in my state we lost jobs due to Pat Quinn and his cronies..

My snowbird neighbor has owned a flooring business in MN for a very long time. He told me he is considering closing it. Not because he doesn't have customers, he cannot find workers. At least not anyone willing to work for $15 an hour.  He said when they offer an entry level employee $15 the person says he'd rather collect benefits than work for such a small salary - and the people who actually do want to work hard, well they are going across the border into North Dakota and working for $100 - $200K a year. 
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline kevindavis

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Re: Economy added 175,000 jobs in February
« Reply #13 on: March 09, 2014, 06:48:32 PM »
My snowbird neighbor has owned a flooring business in MN for a very long time. He told me he is considering closing it. Not because he doesn't have customers, he cannot find workers. At least not anyone willing to work for $15 an hour.  He said when they offer an entry level employee $15 the person says he'd rather collect benefits than work for such a small salary - and the people who actually do want to work hard, well they are going across the border into North Dakota and working for $100 - $200K a year.

But our dear leaser said raising the min wage to $15.00 would make things better.
GOP House members came to Paul Ryan to be Speaker. He didn't come to them. And he was everybody's conservative darling back in 2012. So unless 1 of the remaining 240 wants to step up & do a better job in budgeting & negotiations & herding the party cats, then everybody please STFU. You go to battle with the army you have, not the one you want but don't have.

Kevin Davis

With Malice toward none, with charity for all, with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in, to bind up the nation's wounds.

Abraham Lincoln

Offline Rapunzel

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Re: Economy added 175,000 jobs in February
« Reply #14 on: March 09, 2014, 06:50:54 PM »
But our dear leaser said raising the min wage to $15.00 would make things better.

~LOL~ I know........  he seems unable to grasp what has happened to this country and the democrats making it so easy for people not to work we have created a society of do-nothings.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline kevindavis

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Re: Economy added 175,000 jobs in February
« Reply #15 on: March 09, 2014, 06:57:11 PM »
~LOL~ I know........  he seems unable to grasp what has happened to this country and the democrats making it so easy for people not to work we have created a society of do-nothings.

It is easy not to work. But I like to work..
GOP House members came to Paul Ryan to be Speaker. He didn't come to them. And he was everybody's conservative darling back in 2012. So unless 1 of the remaining 240 wants to step up & do a better job in budgeting & negotiations & herding the party cats, then everybody please STFU. You go to battle with the army you have, not the one you want but don't have.

Kevin Davis

With Malice toward none, with charity for all, with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in, to bind up the nation's wounds.

Abraham Lincoln

Offline Rapunzel

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Re: Economy added 175,000 jobs in February
« Reply #16 on: March 09, 2014, 06:59:52 PM »
It is easy not to work. But I like to work..

Me, too.  I think we are becoming the minority.  I don't know if you remember the article a year or so ago about the college grad living with mom who refused a job starting at $54,000 a year because he felt he was worth more - never mind he'd been looking for over a year, as long as mom was willing to foot the bills he didn't have to work.

Mile Rowe (Dirty Jobs) is currently being excoriated because he had the audacity to push kids to actually go to trade schools and get a well-paying job.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline kevindavis

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Re: Economy added 175,000 jobs in February
« Reply #17 on: March 09, 2014, 09:47:56 PM »
Me, too.  I think we are becoming the minority.  I don't know if you remember the article a year or so ago about the college grad living with mom who refused a job starting at $54,000 a year because he felt he was worth more - never mind he'd been looking for over a year, as long as mom was willing to foot the bills he didn't have to work.

Mile Rowe (Dirty Jobs) is currently being excoriated because he had the audacity to push kids to actually go to trade schools and get a well-paying job.


Mike Rowe is right.. The education failed a lot of kids by dropping vocational education and telling them that they had to go to college.. Never mind that a lot of kids may not want to go to college or they can't handle college.
GOP House members came to Paul Ryan to be Speaker. He didn't come to them. And he was everybody's conservative darling back in 2012. So unless 1 of the remaining 240 wants to step up & do a better job in budgeting & negotiations & herding the party cats, then everybody please STFU. You go to battle with the army you have, not the one you want but don't have.

Kevin Davis

With Malice toward none, with charity for all, with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in, to bind up the nation's wounds.

Abraham Lincoln

Offline Rapunzel

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Re: Economy added 175,000 jobs in February
« Reply #18 on: March 09, 2014, 09:54:57 PM »
Remember LibSpy who was here for a while?  He complained about his college loans (even though he claimed he was an Iraq vet and would have had the VA  :shrug:) and when we suggested he could go to vocational school he said he didn't want to "work" for a living and this is why he wanted to he a history teacher...... 

This is what we're dealing with.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline EC

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Re: Economy added 175,000 jobs in February
« Reply #19 on: March 10, 2014, 02:41:55 AM »
Remember LibSpy who was here for a while?  He complained about his college loans (even though he claimed he was an Iraq vet and would have had the VA  :shrug:) and when we suggested he could go to vocational school he said he didn't want to "work" for a living and this is why he wanted to he a history teacher...... 

This is what we're dealing with.

Interesting point, and one I never really considered. Different here - the engine that powers Labour (our socialists) is the working class tradesmen and laborers.
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