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Jobless rate takes a big jump
hk wrote:
JimH wrote: On Fri, 5 Sep 2008 12:06:02 -0700 (PDT), Carilyn wrote: On Sep 5, 11:57 am, wrote: On Sep 5, 12:05 pm, wrote: On Fri, 5 Sep 2008 07:09:26 -0700 (PDT), Carilyn wrote: On Sep 5, 9:04 am, wrote: On Sep 5, 9:54 am, wrote: On Sep 5, 8:51 am, hk wrote: wrote: On Sep 5, 8:43 am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. I was wondering about you. All you ever seem to do is paste DNC articles and columns here, and insult other posters. Do you have an inferiority complex? No, I don't live on an houseboat.- Hide quoted text - - Show quoted text - I read that sometimes an inferiority complex and the resultant behavior is cause by a small weiner. Is this you secret problem?- Hide quoted text - - Show quoted text - It can also be caused from traumatic child abuse, say, not enough attention, or the wrong kind of attention from a close male family member of friend.. If you look at the innuendo harry brings up all the time, he has some real sexual issues.. I have a feeling harry suffered some pretty serious abuse as a young boy...- Hide quoted text - - Show quoted text - And being a fat man with a small weiner doesn't bode well for him as an adult. You seem pretty obsessed with Harry's Weiner. Do you swallow?- Hide quoted text - - Show quoted text - Oh, surely you can be more of a low life scum than that! Harry will teach you.- Hide quoted text - - Show quoted text - If Harry was ever arrested for public exposure, I'll bet his best defense would be de minimis non curat praetor. Do I need to translate? I think not. I am not defending Harry.......but you are obviously a sock puppet of some member here. Right Dah'ling? wink.wink Reggie, Florida Jim, Loogy...have dozens of sock puppets. Guess again, I have NEVER tried to fool anyone that I was anyone but me. Now you on the other hand, really failed terrible at it. One would think a computer expert such as yourself would understand that you IP would give your sock puppet away. |
Jobless rate takes a big jump
hk wrote:
Carilyn wrote: On Sep 5, 2:27 pm, JimH wrote: On Fri, 5 Sep 2008 12:06:02 -0700 (PDT), Carilyn wrote: On Sep 5, 11:57 am, wrote: On Sep 5, 12:05 pm, wrote: On Fri, 5 Sep 2008 07:09:26 -0700 (PDT), Carilyn wrote: On Sep 5, 9:04 am, wrote: On Sep 5, 9:54 am, wrote: On Sep 5, 8:51 am, hk wrote: wrote: On Sep 5, 8:43 am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. I was wondering about you. All you ever seem to do is paste DNC articles and columns here, and insult other posters. Do you have an inferiority complex? No, I don't live on an houseboat.- Hide quoted text - - Show quoted text - I read that sometimes an inferiority complex and the resultant behavior is cause by a small weiner. Is this you secret problem?- Hide quoted text - - Show quoted text - It can also be caused from traumatic child abuse, say, not enough attention, or the wrong kind of attention from a close male family member of friend.. If you look at the innuendo harry brings up all the time, he has some real sexual issues.. I have a feeling harry suffered some pretty serious abuse as a young boy...- Hide quoted text - - Show quoted text - And being a fat man with a small weiner doesn't bode well for him as an adult. You seem pretty obsessed with Harry's Weiner. Do you swallow?- Hide quoted text - - Show quoted text - Oh, surely you can be more of a low life scum than that! Harry will teach you.- Hide quoted text - - Show quoted text - If Harry was ever arrested for public exposure, I'll bet his best defense would be de minimis non curat praetor. Do I need to translate? I think not. I am not defending Harry.......but you are obviously a sock puppet of some member here. Right Dah'ling? wink.wink- Hide quoted text - - Show quoted text - Wrong Honey, I love on a houseboat in Chattanoga and have been monitoring this group for a while. Bull****, bull****, and more bull****. Here ISP is Harbor Communications. Do you know anyone else who uses Harbor Communications? |
Jobless rate takes a big jump
"hk" wrote in message . .. Bull****, bull****, and more bull****. The folder name of most of Harry's archived posts. Eisboch |
Jobless rate takes a big jump
On Fri, 5 Sep 2008 16:22:03 -0400, "Eisboch" wrote:
"hk" wrote in message ... Bull****, bull****, and more bull****. The folder name of most of Harry's archived posts. Eisboch LOL! |
Jobless rate takes a big jump
Eisboch wrote:
"hk" wrote in message . .. Bull****, bull****, and more bull****. The folder name of most of Harry's archived posts. Eisboch Awwww...how sweet! |
Jobless rate takes a big jump
"Eisboch" wrote in message ... "hk" wrote in message . .. Bull****, bull****, and more bull****. The folder name of most of Harry's archived posts. Eisboch No that would be the politically correct: Bullschitt, Bullschitt and more Bullschitt, |
Jobless rate takes a big jump
D.Duck wrote:
"Eisboch" wrote in message ... "hk" wrote in message . .. Bull****, bull****, and more bull****. The folder name of most of Harry's archived posts. Eisboch No that would be the politically correct: Bullschitt, Bullschitt and more Bullschitt, This is a great newsgroup. Unemployment is the highest it has been in years, foreclosures are settings records, gas prices are still three times what they were when Bush presumed office, nearly 50 million Americans are without health care insurance, but what the hell... And please don't tell me such discussions are off topic. This entire newsgroup is off topic. |
Jobless rate takes a big jump
On Fri, 5 Sep 2008 12:06:02 -0700 (PDT), Carilyn
wrote: If Harry was ever arrested for public exposure Do you think that's a possibility ? |
Jobless rate takes a big jump
On Fri, 5 Sep 2008 12:06:02 -0700 (PDT), Carilyn
wrote: If Harry was ever arrested for public exposure, I'll bet his best defense would be de minimis non curat praetor. Do I need to translate? I think not. There was a weenie wagger who got caught and convicted every time. Seems he had a four inch penis. Only an inch long. They called him "Tuna Can". The cops always knew who to arrest. At least he showed the ladies something new. Casady |
Jobless rate takes a big jump
"hk" wrote in message ... This is a great newsgroup. Unemployment is the highest it has been in years, foreclosures are settings records, gas prices are still three times what they were when Bush presumed office, nearly 50 million Americans are without health care insurance, but what the hell... And please don't tell me such discussions are off topic. This entire newsgroup is off topic. Calm down. It is, after all, only a newsgroup. Now, it seems to me that every social and economic problem you mentioned (above) can be blamed on a number of factors, including the decline of old fashioned, traditional values in our culture. Things have become too easy and instant. The concepts of commitment and honor are outdated. Tired of your wife? Divorce her and get a new one. Don't like your job? Quit and collect unemployment until a new one comes along. Want a big new house? Sign on the dotted line. Don't worry about how you will pay for it. You can always walk away from it. Want to curb teenage pregnancies? Have schools hand out condoms and birth control pills. Now *that* certainly builds character, self-discipline and responsibility, huh? Too easy. It amazes me that, with all the talk of running out of oil for so many years, the auto manufacturers still built gas guzzlers. Why? Because *that's* what sold! It's what people wanted. Now that gas is 4 bucks a gallon everybody blames Bush and the automotive industry for being economically and environmentally irresponsible by not forcing Toyotas and similar on us for the past 10 years. Cracks me up. Oh, well. We will survive, despite your gloom and doom. Eisboch |
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