What about how low wages have gotten and how hours are shorter for many people who are fortunate enough to even have a job!
Whats unemployment ????????
The jobs situation is only going to get worse and worse over time. The elephant in the room that everyone seems to be missing is that continued advancements in technology and automation are going to continue to exacerbate the problem. There is simply not enough work necessary to accommodate the number of workers any longer and this is only going to get worse as more and more industries fall prey to automation and further increases in productivity. I wrote more about this topic recently, my article can be found here: http://lofalexandria.blogspot.com/2011/09/where-are-all-jobs.html
the 155k in jobs created does not keep pace with the population growth. If we had not bailed out the auto industry, banking, insurance, mortgage and real estate we would have actual and true job growth. government /federal management of private industry never works. we are locked in to a rather dismal economic future. the problem has been created by democrats and republicans, both are at fault in this calamity.
Rick Perry told me this joke.GOP = GOOFY ODD PEOPLE
Right now the billionaire Koch Brothers are paying us to legislate their agenda.
whos the kock brothers ?
This is a republican strained recovery. We would be so much better off if congress would do their job instead of filibusters and reducing government to its smallest entity except for their pet programs. Great tactic if you want government employees doing more than one job. That way government will be too busy to try to investigate the real corruption in government. Republican motto government doesn't work, so their job is to make sure of it.
Last month unemployment was at 7.7. This month it is 7.8. but it is holding steady according to this crappy article. What we have here is Obamamath. Don't be telling me about some BS revision, that just happened to (suprise) come out today. This article also said: Most economists think the economy will be held back by TAX HIKES. Ya think? Where did that come from? I thought tax hikes would do nothing but put them greedy ol rich job creating people in their places and all. I am disgusted by the American people electing this buffoon and allowing the media to manipulate them into another recession. You get what you voted for. ENJOY eating beanie weenies.
The revision to 7.8 percent in November also included an upward revision of 15,000 jobs over the initially reported November jobs number. As far as tax hikes we all got a tax increase on January 1 in income and payroll taxes when the temporary cuts expired. Then we all got an income tax cut, including the rich, on January 3 when the President signed the cliff deal. The temporary payroll tax holiday expired for everyone. No spending cuts so, per the Congressional Budget Office, all of this added $4 Trillion to our debt over the next nine years.
Jan 2nd, My understanding that everything is wonderful with unemployment, lowest in 90 years.... even though the 15 million that lost their benefits and the 10 million that stopped looking for work... The Media is so full of it, they don't know what the hell to right anymore.... ONLY IN AMERICA
"Jan 2nd, My understanding that everything is wonderful with unemployment, lowest in 90 years.... "thent not surprising anyone here, you understood wrong.
Payrolls outside the farming sector grew 155,000 last month.This is not just a lackluster pace, it is a dismal failure of this administration to grow our economy. It is a testimony to the complete failure of this president and his leftist minions to have even a basic understanding of what it takes to grow business and create jobs. Going on five years now of him using excuses and blaming someone else for his failures is growing pretty thin with real thinking Americans. He should either step down for the good of the country, or start taking the advice of smarter, more qualified people who do know what is needed.Obama had two full years of democratic control in both houses, in spite of this nothing he got passed during that time has done anything useful to help the unemployed job seekers. Joe Biden promised us 500,000 new jobs a month by 2010 if we would pass the stimulus bill. Where are they Joe? December is traditionally a month when many part time workers are hired, in spite of this only 155,000 jobs were added. Not even enough to keep up with population growth. Complete failure.