• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Hey...backhoe boogie

kolanuraven

Well-known member
...and some of you others who keep saying that you have TONS of jobs available in your area or that you know of plenty of jobs...... welllllll.......you might want to call these people and tell them!!!

http://money.cnn.com/2008/06/06/news/economy/jobs_may/index.htm?cnn=yes


NEW YORK (CNNMoney.com) -- The unemployment rate took its biggest jump in more than two decades in May as employers once again cut jobs, according to a government report Friday.

The unemployment rate soared to 5.5% from 5% in April. Economists surveyed by Briefing.com had only forecast that the closely watched rate would rise to 5.1%.

It was the biggest one-month jump in unemployment since February 1986, and the 5.5% rate is the highest level seen since October 2004




For you Fox news ' hounds'....as of just a few minutes ago....it's still no where to be found on their web site.....Hmmmmmmm??????? Suppose it's not ' newsworthy' to them.


UPDATE

It's up there now.....so fair and equal coverage of WHAT A WRECK the economy is in. Must be worst than we know if Fox is reporting the same info as CNN!!!! :shock: :shock: :shock:

http://www.foxbusiness.com/story/markets/economy/loses-k-jobs-rate-jumps/
 
A

Anonymous

Guest
So that means if we weren't using the governments "doctored" method of measuring unemployment - over 10% of the available US work force is now out of a job.... :(

The radio was calling it a "massive" change-- the highest monthly raise since 1986.... :shock: :roll: :(
 

Mike

Well-known member
I'm really surprised the unemployment rates are as low as they are.

Housing starts have fallen bigtime................................................

Don't I remember 12-14% rates during the Carter days?

On assuming office in 1977, President Carter inherited an economy that was slowly emerging from a recession. He had severely criticized former President Ford for his failures to control inflation and relieve unemployment, but after four years of the Carter presidency, both inflation and unemployment were considerably worse than at the time of his inauguration. The annual inflation rate rose from 4.8% in 1976 to 6.8% in 1977, 9% in 1978, 11% in 1979, and hovered around 12% at the time of the 1980 election campaign. Although Carter had pledged to eliminate federal deficits, the deficit for the fiscal year 1979 totaled $27.7 billion, and that for 1980 was nearly $59 billion. With approximately 8 million people out of work, the unemployment rate had leveled off to a nationwide average of about 7.7% by the time of the election campaign, but it was considerably higher in some industrial states.
 
A

Anonymous

Guest
Mike said:
I'm really surprised the unemployment rates are as low as they are.

Housing starts have fallen bigtime................................................

Don't I remember 12-14% rates during the Carter days?

I think you're right- they used to always run in the 8-9% rate...But then they changed the way of doing statistics- and started dropping off anyone no longer eligible for unemployment- and/or anyone that had been out of work for over a certain period of time or not signing up at the government offices-- which gives this "false" figure...

Many economists have said the true figure has been closer to 10% and probably is now over 10%.....
 

Mike

Well-known member
LATIMES June 6, 2008

Latino employment falls over housing slump, illegal immigration raids
"Unemployment among Latinos -- particularly immigrants -- jumped in the last year, wiping out many of their economic gains, according to a report released Wednesday by the Pew Hispanic Center," says this report from Nicole Gaouette of The Times' Washington bureau.


The report comes amid an extended housing market and construction slump that has claimed hundreds of thousands of jobs in the U.S. The findings, which alarmed Latino leaders, also indicate that aggressive new enforcement raids by immigration officials may be a contributing factor to the rising rate of joblessness.

General unemployment rose to 5% in the first quarter of 2008 on a non-adjusted basis. But for Latinos, the rate reached 7.3%; for Latinos who are immigrants, 7.5%. For Mexican immigrants, the rate rose to 8.4%. Immigrants who came to the U.S. in 2000 or later were hardest hit, with 9.3%.

-- Reed Johnson in Mexico City
 

kolanuraven

Well-known member
Mike said:
I'm really surprised the unemployment rates are as low as they are.

Housing starts have fallen bigtime................................................

Don't I remember 12-14% rates during the Carter days?

On assuming office in 1977, President Carter inherited an economy that was slowly emerging from a recession. He had severely criticized former President Ford for his failures to control inflation and relieve unemployment, but after four years of the Carter presidency, both inflation and unemployment were considerably worse than at the time of his inauguration. The annual inflation rate rose from 4.8% in 1976 to 6.8% in 1977, 9% in 1978, 11% in 1979, and hovered around 12% at the time of the 1980 election campaign. Although Carter had pledged to eliminate federal deficits, the deficit for the fiscal year 1979 totaled $27.7 billion, and that for 1980 was nearly $59 billion. With approximately 8 million people out of work, the unemployment rate had leveled off to a nationwide average of about 7.7% by the time of the election campaign, but it was considerably higher in some industrial states.


Why do you folks ALWAYS want to dig up what was in the past?

That's PAST....OVER....DONE, man you just don't get over things well do you?

All you guys who are homophobes surely do hang onto the memories of Carter and Clinton....you'd think ya'll were wounded old boyfriends the way you guys tote a grudge!!!
 

Mike

Well-known member
Just letting you know that although things may not be perfect now, they could and have been worse........

Sheeesh, I thought you'd be appreciative??????????? :lol:
 

rookie

Well-known member
Tha bottom line be that folks gonna think what they wanna think. Somebody wanna think the economy is just fine?, what da I care? Somebody say there be great jobs growin on wild trees just waitin on folks ta come and grab em where they live, well I ain't livin in that neighborhood. In mine they be slim pickins. Ya lose a good job, ya be in trouble. Somebody don't be bothered ta pay $4 a gallon for fuel for a tractor what takes 4 gallons an hour ta operate, more power to ya. Just remember that cause ya believe somethin don't make it be so. Don't be suprised when the economy just hauls off ans slaps ya on ya a$$, ya lose a job and lo and behold, ain't no body else wanna pay ya that kinda money. For my money we be goin down the tubes in a hurry. As a thief in tha night, He said.
 

kolanuraven

Well-known member
Mike said:
Just letting you know that although things may not be perfect now, they could and have been worse........

Sheeesh, I thought you'd be appreciative??????????? :lol:


Could'a....would'a....should'a........ That'da make a good title for a book!!
 

kolanuraven

Well-known member
Sandhusker said:
So the answer is to elect a socialist who will raise taxes and choke to economy?


Well...the economy is already heaving for air. So maybe after it passes thru this phase and all the diseased parts fall off....we'll get new growth.

And someone will have to raise taxes to pay for just one BIG issue, all the health care for the legions of YOUNG vets coming home who will need long term care in one way or the other.

YOU do want to take care of the vets, don't you? :???: :???:

After all....you and the others were beating the war drum for them go over to Iraq and get hurt in the first place! I mean, it's only proper to give them the best for the MANY years to come that they'll need help.


I mean, how else do you expect to pay for all that medical care? Selling Poppies on the street @ Memorial Day ain't gonna cut it for the other 364 days ya know!!!
 

TSR

Well-known member
Sandhusker said:
So the answer is to elect a socialist who will raise taxes and choke to economy?
And the other answer is to follow this same path we're now on?? :???: :???:
 

hopalong

Well-known member
kolanuraven said:
Mike said:
Just letting you know that although things may not be perfect now, they could and have been worse........

Sheeesh, I thought you'd be appreciative??????????? :lol:


Could'a....would'a....should'a........ That'da make a good title for a book!!

Call it the story of your life!!
If I could'a I would have never become a Kolouraven liberal.

If I would'a became a republican I would have been a happier more rounded Koluraven.

I should'a have been smarter and done the right thing instead of followin the path I Kolouraven chose to follow!

But since I didn't I live in a miserable Koluraven life that I have to try and upgrade by being so negitive! :D :D
 

Latest posts

Top