Welcome, Guest. Please login or register.
Did you miss your activation email?
December 21, 2014, 08:28:12 pm
HomePredMockPollEVCalcAFEWIKIHelpLogin Register
News: Please delete your old personal messages.

+  Atlas Forum
|-+  General Politics
| |-+  Economics (Moderator: ag)
| | |-+  February Jobs Report (+227.000 jobs, unemployment rate remains at 8.3%)
« previous next »
Pages: [1] Print
Author Topic: February Jobs Report (+227.000 jobs, unemployment rate remains at 8.3%)  (Read 1324 times)
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35223
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« on: March 01, 2012, 12:39:34 pm »
Ignore

What will it look like ?

Quote
By Jeffry Bartash, MarketWatch

WASHINGTON (MarketWatch) New applications for U.S. unemployment benefits were barely changed last week and appear to have settled in a range consistent with modest hiring trends.

The Labor Department said on Thursday that initial claims fell by 2,000 to a seasonally adjusted 351,000 in the week ended Feb. 25. The level of claims is an indicator of whether layoffs are rising or falling.

Claims from two weeks ago were revised up to 353,000 from 351,000. Economists surveyed by MarketWatch had estimated claims would fall to 350,000.

...

The latest MarketWatch forecast estimates that 208,000 jobs were created in February, keeping in line with recent trends. The government will issue the critical monthly employment report on March 9.

While companies have boosted employment, the U.S. still has a long way to go to undo the damage from the deep 2007-2009 recession. Nearly 6 million jobs that were lost during the downturn have not returned and the unemployment rate, though falling, is still high at 8.3%.

http://www.marketwatch.com/story/us-jobless-claims-little-changed-at-351000-2012-03-01-847480

I'll predict about 263.000 jobs and the unemployment rate is down to 8.1%
« Last Edit: March 09, 2012, 08:38:43 am by Tender Branson »Logged
Yank2133
YaBB God
*****
Posts: 1460


View Profile
« Reply #1 on: March 01, 2012, 12:54:09 pm »
Ignore

Rate stays at 8.3%
Logged
Karaoke Dictatorship
MATCHU[D]
YaBB God
*****
Posts: 6352
United States


View Profile
« Reply #2 on: March 01, 2012, 06:06:36 pm »
Ignore

Rate stays at 8.3%

Probably this.
Logged

You kip if you want to...
change08
YaBB God
*****
Posts: 8803
United Kingdom


View Profile
« Reply #3 on: March 02, 2012, 12:12:33 pm »
Ignore

8.3 or higher.
Logged

Is Totally Not Feeblepizza.
Crackers
Sr. Member
****
Posts: 290
United States


View Profile
« Reply #4 on: March 02, 2012, 01:03:01 pm »
Ignore

8.3 or higher.
This.
Logged

lawlz
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35223
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #5 on: March 07, 2012, 11:00:51 am »
Ignore

ADP says +216.000 jobs, up from 173.000 in January.

But ADP is almost never in line with the BLS report.
Logged
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35223
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #6 on: March 09, 2012, 08:35:09 am »
Ignore

+227.000 jobs created (+233K private minus 6K government)

UE Rate is unchanged at 8.3%

January jobs revised up from 243K to 284K

December jobs revised up from 203K to 223K

http://www.marketwatch.com/story/us-economy-generates-227000-jobs-in-february-2012-03-09
Logged
Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35223
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #7 on: March 09, 2012, 09:05:42 am »
Ignore

A few other encouraging signs:

Employment is up by 1.3 million alone in the past 2 months.

Employment is up by 2.3 million alone in the past 6 months.

Employment is up by 2.5 million in the past year.

Employment is up by 4.1 million since the low of 138 million in December 2009.

Employment is now higher by 400K than in February 2009, in Obama's first month in office.

Unemployment (12.8 million) is now also lower than in February 2009.
Logged
oakvale
YaBB God
*****
Posts: 9428
Ireland, Republic of
View Profile
« Reply #8 on: March 09, 2012, 10:31:14 am »
Ignore

Another solid month.  Boy, whatever happened to that 0.5 percent surge in unemployment Gallup found? Tongue

Good news on a front doomsayers always like to focus on - half a million people rejoined the labour force.

Also good news are the big upward revisions.
Logged

Tender Branson
Mark Warner 08
Moderators
YaBB God
*****
Posts: 35223
Austria


Political Matrix
E: -7.10, S: -6.09

P P P

View Profile
« Reply #9 on: March 09, 2012, 10:35:51 am »
Ignore

Another solid month.  Boy, whatever happened to that 0.5 percent surge in unemployment Gallup found? Tongue

Good news on a front doomsayers always like to focus on - half a million people rejoined the labour force.

Also good news are the big upward revisions.

If you start putting your trust into Gallup, you are fu**ed.
Logged
Yank2133
YaBB God
*****
Posts: 1460


View Profile
« Reply #10 on: March 09, 2012, 11:59:30 am »
Ignore

So what are our chances of getting below 8%? Europe seems to have calm down......but gas prices remain to be a risk.
Logged
LastVoter
seatown
YaBB God
*****
Posts: 4443
Thailand


View Profile
« Reply #11 on: March 12, 2012, 03:21:20 pm »
Ignore

So what's the unemployment?
Logged
Nagas
YaBB God
*****
Posts: 1846
United States


Political Matrix
E: -2.58, S: -7.65

View Profile
« Reply #12 on: March 12, 2012, 03:31:23 pm »
Ignore

So what's the unemployment?

8.3%
Logged

oakvale
YaBB God
*****
Posts: 9428
Ireland, Republic of
View Profile
« Reply #13 on: March 12, 2012, 03:43:45 pm »
Ignore

Fun fact: If the labor force participation rate had stayed the same, unemployment would have to 8.0%.
Logged

Lief
YaBB God
*****
Posts: 34892


View Profile
« Reply #14 on: March 12, 2012, 04:29:50 pm »
Ignore

Where are all the Republicans celebrating how 500,000 people returned to the labor force this week? That's the only thing that matters when it comes to unemployment, they've been sure to remind us constantly!
Logged

Nagas
YaBB God
*****
Posts: 1846
United States


Political Matrix
E: -2.58, S: -7.65

View Profile
« Reply #15 on: March 12, 2012, 05:16:32 pm »
Ignore

Where are all the Republicans celebrating how 500,000 people returned to the labor force this week? That's the only thing that matters when it comes to unemployment, they've been sure to remind us constantly!

Sometimes, you can't deny recovery.

I'm still waiting for that recession as we kick out 2-3% quarterly growth.
Logged

Tidewater_Wave
YaBB God
*****
Posts: 524
United States


View Profile
« Reply #16 on: March 14, 2012, 12:22:04 pm »
Ignore

Where are all the Republicans celebrating how 500,000 people returned to the labor force this week? That's the only thing that matters when it comes to unemployment, they've been sure to remind us constantly!

Sometimes, you can't deny recovery.

I'm still waiting for that recession as we kick out 2-3% quarterly growth.

Me too and it will probably never happen. We're still stuck at 8.3% unemployment and gas prices are already through the roof for the summer. I know when you want to win you paint a rosier picture for the base of the party, but this just isn't working.
Logged
Yank2133
YaBB God
*****
Posts: 1460


View Profile
« Reply #17 on: March 15, 2012, 09:44:46 am »
Ignore

Where are all the Republicans celebrating how 500,000 people returned to the labor force this week? That's the only thing that matters when it comes to unemployment, they've been sure to remind us constantly!

Sometimes, you can't deny recovery.

I'm still waiting for that recession as we kick out 2-3% quarterly growth.

Me too and it will probably never happen. We're still stuck at 8.3% unemployment and gas prices are already through the roof for the summer. I know when you want to win you paint a rosier picture for the base of the party, but this just isn't working.

It is funny how Republicans keep moving the goal post. First, when the unemployment rate was dropping it was due to discourage workers now that people are re-entering the work force and the rate stay the same(which is actually a good thing.....) you guys complain about the rate......it is very predictable.

Gas prices will do what they always do, peak in the summer then go down in the fall.
Logged
Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length

Logout

Powered by SMF 1.1.20 | SMF © 2013, Simple Machines