Latest unemployment figures

robine · 11-06-2009, 08:02 AM

wow

U.S. Bureau of Labor Statistics

November 06, 2009
In October, the unemployment rate rose to 10.2 percent, the highest since April 1983, and nonfarm payroll employment continued to decline (-190,000). The largest job losses over the month were in construction, manufacturing, and retail trade.

Double digit unemployment
highest in 26 years

how's that change working for ya?

LBWP · 11-06-2009, 08:21 AM

Wow for sure. Very ugly stats.

L (46)
K&E=7.4

intheknow · 11-06-2009, 08:49 AM

Construction and manufacturing are the lifeblood of a strong economy. The service economy is a houseof cards. If a country is not producing tangible goods, then its economy is reliant on the prosperity of countries that do.

Pearls · 11-06-2009, 08:56 AM

Some are saying we haven't reached bottom yet. I am hoping for a good Christmas season.....at least some good news. But people still don't have faith and they are tightening up their belts more than ever.

**BC-tinatinva** · 11-06-2009, 09:10 AM

But what about all those jobs created (or saved)

I thought we were out of the recession? oh that's right, jobs need to "Catch up" or at least catch up with the rhetoric

andys · 11-06-2009, 10:07 AM

This is joust more evidence why we need budget busting "Healthcare Reform", and economy wrecking Cap and Trade Legislation.

intheknow · 11-06-2009, 02:47 PM

We are hearing so much about the "Recovery" from the MSM that I am convinced it is a con-job. If there is such a recovery, then why are there NO signs of it on the street? No jobs, banks closing, record homes in foreclosure and not an end in sight.

How's that HOPENCHANGE workin' for ya?

rae · 11-06-2009, 03:33 PM

The numbers are scary.

Maddy00 · 11-07-2009, 10:20 PM

Quote:

Originally Posted by intheknow

We are hearing so much about the "Recovery" from the MSM that I am convinced it is a con-job. If there is such a recovery, then why are there NO signs of it on the street? No jobs, banks closing, record homes in foreclosure and not an end in sight.

How's that HOPENCHANGE workin' for ya?

Yes the Obama and the media are insistent that it's all getting better. And some people believe it..which simply astounds me.

My only guess if that they (and many here) believe that if they say it enough times, it becomes true. Otherwise I can't for the life of me figure it out.

tle · 11-08-2009, 06:41 AM

Quote:

Originally Posted by Maddy00

My only guess if that they (and many here) believe that if they say it enough times, it becomes true. Otherwise I can't for the life of me figure it out.

Maybe it's that "Dr. Phil Philosophy:" Fake it 'til you make it???

All I know is that WITHOUT the health care reform, dh and I are looking at continuing increases in expenses while our paychecks continue to be cut--whether in true cuts in salary and/or combinations with increases in our share of health insurance premiums. I am quite certain that if this health care passes senate and is signed, we will see a gigantic increase in what we're having to lay out for health care--to the point that we will end up deciding which of us is staying home, because it's too expensive for us to both be working.

I guess that could help unemployment stats on the one hand--there would be an open job. On the other, enough of us two-income households do that, and there will be some daycare people LOOKING for work.

We're not out the woods. And somehow the notion of government health care doesn't fit with my definition of getting us out. The private sector needs to be the one creating the jobs. Not Uncle Sam. And right now, the private sector doesn't have the funds for that. At this rate, it won't for a long time to come.

11-06-2009, 08:02 AM	#1 (permalink)
robine 10000-15000 post ace of hearts Join Date: Oct 2002 Location: Mountaintop Posts: 18,486 Blog Entries: 1756	Latest unemployment figures wow U.S. Bureau of Labor Statistics November 06, 2009 In October, the unemployment rate rose to 10.2 percent, the highest since April 1983, and nonfarm payroll employment continued to decline (-190,000). The largest job losses over the month were in construction, manufacturing, and retail trade. Double digit unemployment highest in 26 years how's that change working for ya? __________________ The modern definition of 'racist' is someone who is winning an argument with a liberal. - Peter Brimelow How many Greats have become the Least for me?

11-06-2009, 08:21 AM	#2 (permalink)
LBWP 10000-15000 post ace of hearts Join Date: Mar 2002 Location: Southeast Posts: 11,927	Wow for sure. Very ugly stats. L (46) K&E=7.4 __________________ "If you can keep a level head in all this confusion, you just don't understand the situation!"

11-06-2009, 08:49 AM	#3 (permalink)
intheknow 1000-4999 post queen of hearts Join Date: Aug 2004 Location: Sooo Conservative. Oh NO! Posts: 3,804 Blog Entries: 303	Construction and manufacturing are the lifeblood of a strong economy. The service economy is a houseof cards. If a country is not producing tangible goods, then its economy is reliant on the prosperity of countries that do. __________________ Needed a Hero; Got a Zero. Impeach Obama!

11-06-2009, 09:10 AM	#5 (permalink)
BC-tinatinva Join Date: Jan 2002 Location: Virginia USA Posts: 4,575 Blog Entries: 49	But what about all those jobs created (or saved) I thought we were out of the recession? oh that's right, jobs need to "Catch up" or at least catch up with the rhetoric __________________ Tinatinva DD 01/09/01 DS 10/22/03 DS 06-19-06 My 3 FET miracles!!! "Unbelief cannot live in the sunlight of fellowship with God." - F.B. Meyer

11-06-2009, 10:07 AM	#6 (permalink)
andys 900-999 post jack of hearts Join Date: Aug 2003 Posts: 931	This is joust more evidence why we need budget busting "Healthcare Reform", and economy wrecking Cap and Trade Legislation. __________________ "A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the Public Treasury. From that moment on, the majority always votes for the candidate promising the most benefits from the Public Treasury with the result that a democracy always collapses over loose fiscal policy always followed by dictatorship."

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11-06-2009, 08:56 AM	#4 (permalink)
Pearls 1000-4999 post queen of hearts Join Date: Feb 2007 Posts: 1,463	Some are saying we haven't reached bottom yet. I am hoping for a good Christmas season.....at least some good news. But people still don't have faith and they are tightening up their belts more than ever.

11-06-2009, 02:47 PM	#7 (permalink)
intheknow 1000-4999 post queen of hearts Join Date: Aug 2004 Location: Sooo Conservative. Oh NO! Posts: 3,804 Blog Entries: 303	We are hearing so much about the "Recovery" from the MSM that I am convinced it is a con-job. If there is such a recovery, then why are there NO signs of it on the street? No jobs, banks closing, record homes in foreclosure and not an end in sight. How's that HOPENCHANGE workin' for ya? __________________ Needed a Hero; Got a Zero. Impeach Obama!

11-06-2009, 03:33 PM	#8 (permalink)
rae 10000-15000 post ace of hearts Join Date: Jan 2002 Location: You can take the girl out of TEXAS... Posts: 13,159	The numbers are scary. __________________ I happen to be a proponent of single-payer, universal health care coverage. (2003) But, I don’t think we are going to be able to eliminate employer coverage immediately. There’s going to be potentially some transition process. I can envision a decade out or 15 years out or 20 years out where we’ve got a much more portable system. (2007) Barack Obama

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