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 216,000 Jobs Added in MarchPosted on Apr 1, 2011
The U.S. unemployment rate ticked down a tenth of a point in March to 8.8 percent—the lowest in two years—as 216,000 new jobs were created during the month. —JCL
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By TDoff, April 3, 2011 at 2:26 pm Link to this comment
Rumors are that the government counted over 100,000 people who became hookers during the month of March because their unemployment insurance ran out and they couldn’t find other employment. This is in addition to those who became politicians, and candidates for president in the ‘12 election.
Report thisBy samosamo, April 2, 2011 at 10:45 am Link to this comment
****************
Hope this is real and not some number jeffery immelt pulled out
Report thisof his ass.
By rico, suave, April 2, 2011 at 8:21 am Link to this comment
MK Ultra:
If all we read is tap dancing and lies, where did you come up with 20% and 2-3 lost per job filled? Just asking.
Report thisBy John G, April 1, 2011 at 10:43 pm Link to this comment
(Unregistered commenter)
I welcome good news, but I’m skeptical of statistics in the news. They are deceptive, because they only take limited factors into account. The fact that home foreclosures continue at an alarming rate in many places, seems to indicate that things are not quite so rosy. These “jobs” that were created—how much do they pay and what benefits are included? I see ads all the time offering jobs at ridiculously low pay for the skills they require, which shows that these employers are exploiters. Or maybe these “jobs” ads are phony—I wouldn’t put it past the Koch Bros. or the GOP or other operatives to plant fake job ads, just to make people think there’s a real recovery underway. They have hired trolls posting on Web sites all the time. When is the Bureau of Labor Statistics going to smarten-up its model, to include so many of these downsides? They could easily get info from the Dept. of Economic Security, such as the number of Nutrition Assistance (food stamps) applicants & recipients now being at an all-time high. And how about the waiting lists for emergency shelter and medical care? Still, I am hopeful.
Report thisBy Angel Gabriel, April 1, 2011 at 9:36 pm Link to this comment
MK ultra,
Report thisI agree with you and suggest that the real number is probably what you say it is.
the other consideration that has always existed, though hidden under the
Celabratory quacking about “things are looking up”, is a statistic that rarely
surfaces - How many of those new jobs are actually that more American’s fell off
the charts and have stopped being counted as unemployed? There are always a
handful of aces up the “Economic Prophet’s” sleeves to use to change the real
figures and reflect a Rosier picture, so as not to stampede that Herd of consumers
out there from the Buy, Buy Buy! It’s like going to a Magic show and watching
dumb founded as the Magician pulls the Rabbit out of a hat. Illusion rules…
By MK Ultra, April 1, 2011 at 3:15 pm Link to this comment
I notice that, while before, the number of jobs being lost was also reported as of January, said practice was discontinued. Askew as those figures may be (the real unemployment rate is more like 20%), the real news here is what they are not telling you. Historically, for every job gained, 2 or 3 were lost. I wonder how many it’s been that they don’t want us to know about. Things are getting uglier by the day for sure and all the tap dancing and lies they do around the unemployment report ain’t gonna change that.
Report thisBy expat, April 1, 2011 at 1:41 pm Link to this comment
(Unregistered commenter)
at least they have the decency to put such ridiculously manipulated and misleading statistics out…
ON APRIL FOOLS !
unreal!
ameriKa, complete with its “managed” (read rigged) financial markets, it’s Pravda (msn) and soon five year plan from the politburo!!!
can you walk on water? Yes if you run fast enough. What is the average time a Us stock in held in the US? 23 seconds ! This, my friend is how you manage the economy to falsely create a “wealth effect”.
Anyone still living in these uSSa ought to have their head examined.
Report this