latest jobs report

[dellinger63]

So much for the good news. As suspected a 'technical factor'

WASHINGTON (AP) -- Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase marks a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

The four-week average of applications, a less volatile measure, rose slightly to 365,500, the Labor Department said Thursday. That's still a level consistent with modest hiring.

A department spokesman said the last two weeks' figures were distorted by seasonal adjustments the department makes

http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

[jms62]

Originally Posted by dellinger63

So much for the good news. As suspected a 'technical factor'




http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

So I guess these aren't cooked this week.

[dellinger63]

Originally Posted by jms62

So I guess these aren't cooked this week.

Green energy, union and public sector jobs are really the only ones this President is interested in. Hence letting millions of illegals to the front of the line competing with legals for the small amount of jobs available.

[jms62]

Originally Posted by dellinger63

Green energy, union and public sector jobs are really the only ones this President is interested in. Hence letting millions of illegals to the front of the line competing with legals for the small amount of jobs available.

It isn't the illegals competing for minimum wage jobs that is killing us.

[Rudeboyelvis]

Originally Posted by jms62

It isn't the illegals competing for minimum wage jobs that is killing us.

I love it when questioned about unemployment, the republitards answer is always "get rid of all the regs so we can operate freely and increase employment" Like there is some sort of mutual exclusivity between the two.

50% of college graduates can't find work - It's not because there's no oil rigs or assembly lines to work on - if there were, they would still be over qualified for all of the manufacturing / energy jobs that will supposedly be created when Romney gets to drill and siphon fossil fuels from all over the continent.


The reality is that these, now multinational corporations, hire (or rather contract) engineers in Turkey, Singapore, China, Indonesia, India, etc. that are just as skilled and adept as their American counterparts, at a fraction of the cost.

That never seems to get discussed. A Corporation's singular fiduciary responsibility is ROI to the shareholder - they have no obligation to enhance the fabric of our society by "overpaying" for higher-end skill sets here, we simply exist to purchase their wares.

How about if you want to sell your crap here, you have to prove that your higher-end skilled jobs are filled here?


I know - Craaaaaazy talk. Protectionism (OOOOOH EEEEEVIL WERRRRRD!!!11).

[jms62]

Originally Posted by Rudeboyelvis

I love it when questioned about unemployment, the republitards answer is always "get rid of all the regs so we can operate freely and increase employment" Like there is some sort of mutual exclusivity between the two.

50% of college graduates can't find work - It's not because there's no oil rigs or assembly lines to work on - if there were, they would still be over qualified for all of the manufacturing / energy jobs that will supposedly be created when Romney gets to drill and siphon fossil fuels from all over the continent.


The reality is that these, now multinational corporations, hire (or rather contract) engineers in Turkey, Singapore, China, Indonesia, India, etc. that are just as skilled and adept as their American counterparts, at a fraction of the cost.

That never seems to get discussed. A Corporation's singular fiduciary responsibility is ROI to the shareholder - they have no obligation to enhance the fabric of our society by "overpaying" for higher-end skill sets here, we simply exist to purchase their wares.

How about if you want to sell your crap here, you have to prove that your higher-end skilled jobs are filled here?


I know - Craaaaaazy talk. Protectionism (OOOOOH EEEEEVIL WERRRRRD!!!11).

How bout all them banking Regs we got rid of you know the ones that came into affect after the great depression that kept us out of another one that is until they were tossed. Clinton is on record stating it wasn't a good idea so I guess the solution is to just blame him forever instead of reverting back to what worked.

Originally Posted by jms62

How bout all them banking Regs we got rid of you know the ones that came into affect after the great depression that kept us out of another one that is until they were tossed. Clinton is on record stating it wasn't a good idea so I guess the solution is to just blame him forever instead of reverting back to what worked.

Or we can stop half-assing everything and abandon our selective history and just go back in time to the 1910's and abolish the fed.

Problem solved. Pay a hooker to blow me.

[Clip-Clop]

Originally Posted by Rudeboyelvis

I love it when questioned about unemployment, the republitards answer is always "get rid of all the regs so we can operate freely and increase employment" Like there is some sort of mutual exclusivity between the two.

50% of college graduates can't find work - It's not because there's no oil rigs or assembly lines to work on - if there were, they would still be over qualified for all of the manufacturing / energy jobs that will supposedly be created when Romney gets to drill and siphon fossil fuels from all over the continent.


The reality is that these, now multinational corporations, hire (or rather contract) engineers in Turkey, Singapore, China, Indonesia, India, etc. that are just as skilled and adept as their American counterparts, at a fraction of the cost.

That never seems to get discussed. A Corporation's singular fiduciary responsibility is ROI to the shareholder - they have no obligation to enhance the fabric of our society by "overpaying" for higher-end skill sets here, we simply exist to purchase their wares.

How about if you want to sell your crap here, you have to prove that your higher-end skilled jobs are filled here?


I know - Craaaaaazy talk. Protectionism (OOOOOH EEEEEVIL WERRRRRD!!!11).

Perhaps they are the 50% that should not have gone to college in the first place, it isn't for everyone. Almost everyone that works for me has a degree in something that has nothing to do with what we do at my company. Mine is culinary...

[jms62]

Originally Posted by Clip-Clop

Perhaps they are the 50% that should not have gone to college in the first place, it isn't for everyone. Almost everyone that works for me has a degree in something that has nothing to do with what we do at my company. Mine is culinary...

Blinkers On

[Danzig]

several things come to mind.
one, there is a huge push to get kids to go to college. why? as was said above, it's not for everyone. and what about the growing student loan debt problem? who is it who profits most from an increased student body? probably banks. hell, they don't care if johnny can get a job with is philosophy degree, or suzie with one in fine arts. huge issue.
two-our service sectors are starving for new people. not enough electricians, plumbers, mechanics, etc. some of those kids being prodded to college should be going to votech.

as for regs-there are more and more added every year. and they become costly.
speaking of which-the tax credit small businesses can get for providing health care-the steps involved are so convoluted, that the hours spent by the accountant is producing a higher bill than what the businesses save by obtaining the credit!! a fraction of small businesses are applying compared to what they budgeted for, because accountants are telling their customers 'don't bother'.
and businesses with just over 50 employees. guess what's going to happen in those places when obamacare kicks in?????? i know. you can bet your sweet ass that they cut some folks to get below that magic number.

[dellinger63]

Originally Posted by jms62

It isn't the illegals competing for minimum wage jobs that is killing us.

No it's the ones running construction and landscaping companies, sending a chunk of all proceeds back to Mexico and undercutting american small businesses that's killing us. It's their children all getting a free education bi-lingual if needed that's killing us.

[jms62]

Originally Posted by dellinger63

No it's the ones running construction and landscaping companies, sending a chunk of all proceeds back to Mexico and undercutting american small businesses that's killing us. It's their children all getting a free education bi-lingual if needed that's killing us.

That's it Del focus on the pennies while the dollar bills fly over your head. It is the outsourcing of the six figure jobs that is killing us not freaking Landscappers for fuk sake.

[dellinger63]

Originally Posted by jms62

That's it Del focus on the pennies while the dollar bills fly over your head. It is the outsourcing of the six figure jobs that is killing us not freaking Landscappers for fuk sake.

LMAO yea it's all those Telecommunication Specialists in India and child Manufacturing Engineers in China that are killing us.