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Jobless Rate Drops: 180,000 Jobs Added

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Sonicmedusa Donating Member (613 posts) Send PM | Profile | Ignore Fri Apr-06-07 12:53 PM
Original message
Jobless Rate Drops: 180,000 Jobs Added
Source: Excite- Money and Investing

WASHINGTON (AP) — Employers ramped up hiring in March, driving the unemployment rate down to 4.4 percent, matching a five-year low. It was a surprisingly strong performance in an economy that has otherwise shown signs of sluggishness recently.

The new snapshot, released by the Labor Department on Friday, also showed that employers boosted their payrolls by a strong 180,000 in March, the most since December. Workers' also saw their paychecks get bigger. The fresh figures suggested that companies are not feeling a need to dramatically clamp down on hiring in the face of the slower overall economic activity and the deep housing slump.



Read more: http://money.excite.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8ob5o8g0&



Complete and utter BULLSHIT.

Unless McDonalds opened that many resturants in March, I hope they all burn in hell for lying. Bastards.
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 12:54 PM
Response to Original message
1. A Lot of Walmarts Opening. n/t
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 12:55 PM
Response to Original message
2. 180K doesn't even match what we need for the new kids entering the
work force

it may be the strongest in months, but it's too little and too late
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 03:00 PM
Response to Reply #2
12. Actually, it does. Equlibrium is somewhere between 150k-160k jobs/month.
But, this is only like the 2nd or 3rd time in the last year or so we've been above that level.
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peace13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 12:59 PM
Response to Original message
3. Sounds , looks and smells like bull*$#@ to me! n/t
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SCRUBDASHRUB Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 12:40 PM
Response to Reply #3
29. Funny. I've been out of work since mid-January, been interviewing
when I'm lucky enough to get a call (40 resumes and 6 interviews out of those sent) and haven't been offered a job yet.
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peace13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 06:22 PM
Response to Reply #29
35. Ouch, I am sorry to hear that.
I know that money is tight here in Ohio. I wonder how many people are fooled by these reports. I wish you luck on your next interview. Take care, Kim
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asjr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 12:59 PM
Response to Original message
4. I am so tired of hearing
corporate crap. Those propagandists must think they are speaking to kindergarteners.
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hobbit709 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 01:01 PM
Response to Original message
5. And these numbers are more accurate
than anything else coming out of the regime?:rofl:
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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 01:07 PM
Response to Original message
6. Even with these numbers they are still in the hole....
from what was happening during the Clinton years. They may be out of negative territory now, but not by much.
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 01:09 PM
Response to Original message
7. How many of them were McJobs?
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anotherdrew Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 05:35 AM
Response to Reply #7
25. how many? ALL - that's 'bout all we do anymore, we even have McCEO's nowadays
Edited on Sat Apr-07-07 05:35 AM by anotherdrew
just a bunch of half educated jokers running the show
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flamin lib Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 01:16 PM
Response to Original message
8. If unemployment is so damn low, how come every job interview
I go to has 20-30 applicants after the second cut? If unemployment is so damn low how can Circuit City fire all their employees and then re-hire them at lower wages?
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bamacrat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 01:40 PM
Response to Original message
9. I graduate from UA in August, scared about job market.
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Straight Shooter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 02:09 PM
Response to Original message
10. I'm waiting for the revised figures.
Always -- always -- revised figures from this administration.
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 02:32 PM
Response to Original message
11. Pay attention next month.
If you follow these numbers closely, they will announce an "adjustment" in the previous month's numbers. Usually, that adjustment is downward, sometimes strikingly so. But that adjusted number always gets lost in the woof and warp.
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19jet54 Donating Member (737 posts) Send PM | Profile | Ignore Fri Apr-06-07 03:22 PM
Response to Reply #11
13. Oh, I agree...
... that and don't report the permanently un-employed & homeless.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 11:52 PM
Response to Reply #13
20. I know, by this count you would be lead to believe that somewhere in the neighborhood...
Edited on Fri Apr-06-07 11:53 PM by originalpckelly
or 290+ million people work, the truth is that only about half of the people in America work.

So it's always possible to fudge the numbers by excluding those folks who can't find a job and aren't looking anymore.
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robcon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 07:03 AM
Response to Reply #20
26. That's not true.
Children under 16 are not in the workforce, and full time students are not counted no matter how old they are. Stay-at-home mothers/fathers are not counted. Retired people are not counted.
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19jet54 Donating Member (737 posts) Send PM | Profile | Ignore Sat Apr-07-07 03:16 PM
Response to Reply #26
32. So in the great depression...
... if 40% of America was not working, who WAS and WAS NOT counted compared to today - I'm sure the standards are now different for political reasons?
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blues90 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 03:47 PM
Response to Original message
14.  Right !
I am so sick of these lies sent out to attempt to tell people not to believe their own eyes .

I would for once like to see a real unemployment rate not some trumped up lie .

These people should be arrested and jailed for life for lying , even shot .
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superconnected Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 03:51 PM
Response to Original message
15. did they change the rules again like when they made the part time workers get
Edited on Fri Apr-06-07 03:51 PM by superconnected
reported as having full time jobs so we can no longer compare unemployment rates with clinton years.

I wonder what they're considering full time jobs nows.

Maybe they mean the US increased jobs in China by that much.
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haele Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 03:52 PM
Response to Original message
16. Short-term seasonal jobs, I bet -
Lots of construction and services/retail associated with support are done during the spring/early summer.

Some of those can pay decently, but they don't last. and 180K new jobs would just about account for that seasonal increase. So we're really looking at "new net jobs" to bring people up into the middle class, are we.

Another thought - are they including farm jobs? Planting season and early harvest is going on now.

Haele
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laylah Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 03:53 PM
Response to Original message
17. May I first welcome you
THEN may I point out that the unemployment figures do not reflect those of US that have fallen off! Meaning, no jobs, benefits expired!

Jenn
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lpbk2713 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 11:15 PM
Response to Original message
18. *You want paper or plastic?*



Many of those 180,000 jobs are held by the same people and so they are counted more than once. A lot of people are having to work two or three shitty McJobs and they still can't get their heads above water.




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mountainvue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-06-07 11:25 PM
Response to Original message
19. The thing that pisses me off about this propaganda
is that it totally messed up the bond market, which screws with my paycheck. But hey, if these numbers are real, then amen I guess.
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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 12:03 AM
Response to Original message
21. I added two part-timers.
So I'm trying to help, anyway.
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 02:19 PM
Response to Reply #21
31. Thank you, may you have lots of company.
Sadly, not many people are in the position to be able to improve the picture.
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pinniped Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 12:07 AM
Response to Original message
22. And....workers got a raise!
Which cities or states raised the minimum wage?
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HockeyMom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 05:20 AM
Response to Original message
23. Two Walmarts opened here in 5 mile radius
Yeah, think of all the "jobs" (part time, no benefits) that created. They ran full page ads for weeks: "Take your pick of locations." Great jobs if you are a student or retiree. Tryimg to earn a living in a high cost of living area? Forget it.
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anotherdrew Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 05:34 AM
Response to Original message
24. wan't it 128k reported earlier Friday? n/t
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 10:26 AM
Response to Original message
27. Numbers Debunked--See My Post
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Fovea Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 11:02 AM
Response to Original message
28. Bullshit Enron Accounting -- Google Trofim Lysenko
That will tell you how to approach ANY figure that comes from this government.

If these criminals told me the sky was blue, I'd have to stick my head out a window to confirm it!
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 02:17 PM
Response to Original message
30. Why the hell should we believe THESE numbers?
I'm sure some "loyal bushie" has run the figures by KKKarl's office. Can't have any truth muddying up their candy and flower pictures now can we...
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 03:46 PM
Response to Original message
33. I wish there was a way to measure the QUALITY of the jobs,
not just the number. All the well paid manufacturing jobs around here have been replaced by hamburger flippers and big box McJobs. It's hard to get terribly excited over 180,000 jobs if most of them won't feed a family.
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-07-07 04:01 PM
Response to Original message
34. Manipulating Numbers and Lying about them
won't stop reality

People know if they are out of work or not?
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