WTF!!!! 67,000 new private sectors jobs created and the rate RISES

bigdarryl

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Fri Sep-03-10 08:12 AM
Original message

WTF!!!! 67,000 new private sectors jobs created and the rate RISES

Edited on Fri Sep-03-10 08:14 AM by bigdarryl

To 9.6% I'm started to think this is done on purpose to make Obama look like he isn't creating any jobs http://www.huffingtonpost.com/2010/09/03/unemployment-rate-august_n_704627.html

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Pirate Smile

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Fri Sep-03-10 08:14 AM
Response to Original message

1. Over 500k joined the job market. 290k found jobs. The rest were now included in the unemployment #s

Edited on Fri Sep-03-10 08:15 AM by Pirate Smile

It was a better then expected number.

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scheming daemons

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Fri Sep-03-10 08:14 AM
Response to Original message

2. It rose because it is a measure of those that are looking for work... that number went up

Because many more people began looking for work again.

The reason the number did NOT go up in June and July is because many workers got discouraged and gave up, thus taking themselves out of the numbers.

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bigdarryl

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Fri Sep-03-10 08:15 AM
Response to Reply #2

4. YEAH OK!!!

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DrDan

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Fri Sep-03-10 08:15 AM
Response to Original message

3. read the whole article

54K lost
1/2M restarting their job search

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bigdarryl

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Fri Sep-03-10 08:19 AM
Response to Reply #3

5. Looks like the biggest problem with job lost is Government jobs

I know thats true because in NJ 670 police officers have been laid off this year so far and more are expected and teachers are having a problem also.

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flpoljunkie

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Fri Sep-03-10 08:20 AM
Response to Original message

6. The market futures jumped over 100 when the news came out.

They were not expecting a gain of 67,000 jobs.

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