Crock of...

[ssd]

NFP today - +244k jobs?

Birth/death model accounts for: +175k
McDonald's job fair accounts for: +62k

so, the rest of the economy accounted for 7k jobs?


And this is good news? Seriously?

And more from the BLS:
....while the labor participation rate remained flat, the total number of people not in the labor force as an absolute number hit a new all time record of 86.248 million. And just as relevantly, the total number of "people who want a job now" jumped by 232,000 from March to April to 6.482 million, just short of the previous record of 6.643 million.

Maybe if we are all lucky, Burger King and Arby's and Pizza Hut will hold job fairs next month and find minimum wage jobs for all of these people.

 

[Skulnik]

NFP today - +244k jobs?

Birth/death model accounts for: +175k
McDonald's job fair accounts for: +62k

so, the rest of the economy accounted for 7k jobs?


And this is good news? Seriously?

And more from the BLS:
....while the labor participation rate remained flat, the total number of people not in the labor force as an absolute number hit a new all time record of 86.248 million. And just as relevantly, the total number of "people who want a job now" jumped by 232,000 from March to April to 6.482 million, just short of the previous record of 6.643 million.

Maybe if we are all lucky, Burger King and Arby's and Pizza Hut will hold job fairs next month and find minimum wage jobs for all of these people.

:0008

 

[Lumi]

NFP today - +244k jobs?

Birth/death model accounts for: +175k
McDonald's job fair accounts for: +62k

so, the rest of the economy accounted for 7k jobs?


And this is good news? Seriously?

And more from the BLS:
....while the labor participation rate remained flat, the total number of people not in the labor force as an absolute number hit a new all time record of 86.248 million. And just as relevantly, the total number of "people who want a job now" jumped by 232,000 from March to April to 6.482 million, just short of the previous record of 6.643 million.

Maybe if we are all lucky, Burger King and Arby's and Pizza Hut will hold job fairs next month and find minimum wage jobs for all of these people.

After viewing this SSD,

I have come to the conclusion that you don't like brown people and you sir are a racist. :facepalm:

:mj07:

 

[Skulnik]

After viewing this SSD,

I have come to the conclusion that you don't like brown people and you sir are a racist. :facepalm:

:mj07:

:mj07:

 

[ssd]

Lumi:

I am sure some on here will view it that way.

I am an 'ist' - just not a race one.

I am a realist and do not believe the hogwash coming from the State......


The US has ceased to be a free market capitalist economy. Our 'economy' focuses on three groups:
Wall Street Banks
Military-industrial complex
Multinational corporations.


Ending the FED would be a great first step but I do not expect the uber elites to go down easily. Their carefully contrived system is failing - it is evidenced in the financial markets and the increased margins for precious metals is a red flag.

I am still bullish physical precious metals.

 

[Chadman]

I haven't looked around much today - who is saying this is a good number or good thing? I had Fox News on as I'm going about my morning, and they've spent a good portion of the morning with experts talking about how bad this is - this much I can say for sure.

 

[Lumi]

I am watching MSNBC and their recruiting commercial for the USN and the SEAL Team.

It doesn't take an econom(IST) to figure out that the job market is screwed ! Nor does it take one that the unenjoyment numbers are a farce.

The opposition, most of the time, MSNBC, the Ministry of Truth and Information will tell the minions that if you opose Barry on anything, you ARE A RACIST !

If Barry likes ketchup on a hot dog, which I don't... therefore I must be.... :shrug:

 

[Chadman]

Lumi, is the reporting on this number on MSNBC suggesting this is a positive report? Maybe so, I'm not watching it today - too nice outside.

 

[WhatsHisNuts]

http://finance.yahoo.com/blogs/dail...ort-private-sector-good-health-141633954.html

This is bad news?

 

[ssd]

it's total BS, what's, as far as I'm concerned.

I am not blaming Obama. I did not believe the #'s under Bush, either.

Believe what you want. I am calling Bullshit.

 

[Lumi]

Lumi, is the reporting on this number on MSNBC suggesting this is a positive report? Maybe so, I'm not watching it today - too nice outside.

Awesome ! :00hour

It has been in the 100's here, the pool is heated, now I really have to be careful with my health in this heat.

 

[The Sponge]

I haven't looked around much today - who is saying this is a good number or good thing? I had Fox News on as I'm going about my morning, and they've spent a good portion of the morning with experts talking about how bad this is - this much I can say for sure.

Have u received and answer as to who is saying this is a good report or are guys just hearing the doom and glum from Fox and spinning it for themselves and acting like there is a group of people partying because of these numbers :shrug:

 

[Skulnik]

Have u received and answer as to who is saying this is a good report or are guys just hearing the doom and glum from Fox and spinning it for themselves and acting like there is a group of people partying because of these numbers :shrug:

Sponge and his FOX conspiracy theories.

Oh wait.


:142smilie

 

[The Sponge]

Sponge and his FOX conspiracy theories.

Oh wait.


:142smilie

Nah i think Chad nailed this one :142smilie

 

[The Sponge]

Sponge and his FOX conspiracy theories.

Oh wait.


:142smilie

BY he way Skully i hear Limbaugh is still steaming that Obama was the one that nabbed Bin Laden. Supposedly he left his mic on and someone overheard him saying he was pissed because 7/11 has closed for three days (cause of Bin Laden's death) and he couldn't get his coffee. any truth to the rumor u smuck?

 

[ssd]

The financial news I listen to and watch in the morning before the opening bell and during were talking about a good jobs report and the fact that it showed improving labor conditions in this economy.
Apparently, it was a good report for Wall Street as well.

here is a link to MSN's version:
http://money.msn.com/market-news/default.aspx?feat=37df1de0-1d52-4f62-9f98-858b96b77a22&gt1=33009

 

[Skulnik]

BY he way Skully i hear Limbaugh is still steaming that Obama was the one that nabbed Bin Laden. Supposedly he left his mic on and someone overheard him saying he was pissed because 7/11 has closed for three days (cause of Bin Laden's death) and he couldn't get his coffee. any truth to the rumor u smuck?

Sponge, just so you know, I don't listen to Rush.


:moon:

 

[The Sponge]

Sponge, just so you know, I don't listen to Rush.


:moon:

There are so many neocon con-men on the radio that i prolly believe ya. Take ur pick.