http://cdn.localwireless.com/wap/new...sum=2114612727
As the job market and economy get worse this kind of shit is going to be happening more often.
http://cdn.localwireless.com/wap/new...sum=2114612727
As the job market and economy get worse this kind of shit is going to be happening more often.
"Let us be thankful for the fools. But for them the rest of us could not succeed. " -Mark Twain
twitter.com/jvferg72
"Let us be thankful for the fools. But for them the rest of us could not succeed. " -Mark Twain
twitter.com/jvferg72
Yes. I will bet you $50 that the unemployment numbers for April 2013 will be lower than October 2012. As shown here-
http://data.bls.gov/timeseries/LNS14000000
I would bet you a lot more, but I'm afraid that Boehner the Republican House will do something retarded.
http://www.insidebayarea.com/busines...adds-8800-jobs
The Bay Area added 8,800 jobs in October, extending a robust trend for the local economy that leaves the region on pace to double its job gains in 2012 compared with last year, state officials reported Friday.
A surge in employment for the South Bay and the San Francisco-San Mateo-Marin region offset job losses in the East Bay, the release from the state's Employment Development Department showed.
The report eased fears in recent months that the remarkable job boom in the Bay Area had cooled off. It also shows the region's rebound is the real deal.
"Let us be thankful for the fools. But for them the rest of us could not succeed. " -Mark Twain
twitter.com/jvferg72
You're confusing U3 and U4. Neither of those calculations have changed in at least 30 years, and the U3 has been the official "unemployment rate" for at least as long.
The U3 does not count people not looking for jobs, as they are not technically part of the "labor force", again per 30+ year old definitions. What's the difference between a retired person and a person who wishes they had a job but isn't looking for one?
The U4 is the U3 plus those "discouraged workers". Whenever the U3 has dropped in the past 4 years, the right wing rags you read always mention the U4, because the number is higher.
But the U4 has also improved steadily for more than 3 years now, too. U3 is blue, U4 is red.
Last edited by DirtyB; 11-17-2012 at 12:17 PM.
Here's my personal experience...
I work in the construction industry, which is often cited as an economic barometer. (Not going to get into the why's.)
I made the least money possible during the early 2000s. Major projects fully funded and approved were axed once the Sept 11 attacks occurred. Public AND private. Through 2008 really, work was scarce as opposed to steady.
Beginning in Spring 09, we started to see light. Universities/colleges/corporations/large and medium sized companies began to feel safe again financially, and resumed projects long ago scrapped. Fed allocated funds for roadwork and bridge infrastructure came through and some med-longter term projects began. Steady work was beginning again, and it has continued.
Every year since 09 has been steady, with 2012 being busy. If not for a significant knee injury which has sidelined me I'd have had my best year over the table incomewise in a decade, easy.
Construction workers are spenders, BTW. Moneys earned equals moneys soon spent. The whole local economy benefits. Bars, truck sales, etc.
Admittedly, my experience is mine only. But I've seen marked improvements annually through the past 4yrs.
You are usually pretty evenhanded but in that post you are repeating others' lies. There are different definitions of the unemployment rate but none of them has changed for decades, certainly not between Bush and Obama.
Amazing how people can blame Obama for a mess that happened before he became president.
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
Surely you understand that those GDP numbers are 100% fueled by QE, which was printing money to boost up the economy. I'm also assuming you understand that when interest rates start to increase, they can't stay near zero forever, we are going to be royally fucked. Your GDP numbers are basically fake. Without QE we're still in a recession. Your kid will thank you when his dollar is worth 10 cents.
Gov't printing 500 billion a year right now just to try and keep interest rates low. When operation twist expires at end of year they will infuse yet more money desperately trying to avoid another recession, which may or may not work.
Democrats answer to everything is spend more money. The government doesn't create jobs dude. Private sector creates jobs. Read your own reports. When the unemployment reports come out first Friday of each month. Government jobs have been contracting almost everymonth. Its the private sector, most notably service industry, that is consistently showing an increase of work.
Big government sucks. Always has, always will.
Last edited by Pooh; 11-18-2012 at 05:08 AM.
The unemployment jobs numbers are complete bullshit because they don't count the people after their unemployment runs out.
7.9% is not the real number, more like 12% or higher unemployment.
As for the gang members who are robbing employees after they drive home.
Not very sophisticated, they will probably get caught soon.
How come these armed crack heads aren't targeting people who won alot of money or old people?
What people don't get is, the good jobs don't go to people FROM the bay area.
SF is a hub for Ivy league alumni now.
All this does is increase local rents.
Or here is another twist on the bay area job market
Warriors want to move back, and promise SF the jobs.
Well none of those people could afford to live anywhere near that area.
A POS studio goes for 1300, minimum, in that area.
http://sanfrancisco.cbslocal.com/201...rena-proposal/
Last edited by JimmyG_415; 11-18-2012 at 06:50 AM.
It's weird how my posts have graphs and citations, and your posts have grandiose statements about future generations.
Every prediction you and the right wing talking heads have made over the past 5 years has been incorrect. It's funny that you think people should listen to you now.
There are currently 1 users browsing this thread. (0 members and 1 guests)