8.5% unemployment, down from 8.6%
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  8.5% unemployment, down from 8.6%
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Author Topic: 8.5% unemployment, down from 8.6%  (Read 1651 times)
NHI
Junior Chimp
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« on: January 06, 2012, 08:43:31 AM »

http://www.nytimes.com/2012/01/07/business/economy/us-adds-200000-jobs-unemployment-rate-at-8-5.html?_r=1

Is this a continuing trend?
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Tender Branson
Mark Warner 08
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« Reply #1 on: January 06, 2012, 08:47:06 AM »


Most likely.

About 2-3 Mio. jobs could be created this year.

Unemployment could go down to about 7.5% and then further to about 4-5% when Obama leaves office in Jan. 2017.
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exopolitician
MATCHU[D]
Junior Chimp
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« Reply #2 on: January 06, 2012, 08:56:25 AM »


Hope so!
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Eraserhead
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« Reply #3 on: January 06, 2012, 09:01:13 AM »


The guy in your signature sure hopes not!
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Yank2133
Junior Chimp
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« Reply #4 on: January 06, 2012, 10:20:19 AM »


Most likely.

About 2-3 Mio. jobs could be created this year.

Unemployment could go down to about 7.5% and then further to about 4-5% when Obama leaves office in Jan. 2017.

I doubt it is anywhere near 7.5% espeicallly with more people entering the work force.......but there is a good chance it will be around 8.0% by election day.
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Lief 🗽
Lief
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« Reply #5 on: January 06, 2012, 02:50:47 PM »

The Obama recovery continues!
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redcommander
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« Reply #6 on: January 06, 2012, 02:55:30 PM »
« Edited: January 07, 2012, 11:28:48 PM by redcommander »


Most likely.

About 2-3 Mio. jobs could be created this year.

Unemployment could go down to about 7.5% and then further to about 4-5% when Obama leaves office in Jan. 2017.

I doubt it is anywhere near 7.5% espeicallly with more people entering the work force.......but there is a good chance it will be around 8.0% by election day.

I think you're being a little too confident. The UK is likely to double dip this year, which would then have an adverse effect on the rest of the EU and possibly the US. Unemployment could well be above 9% by election day.
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phk
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« Reply #7 on: January 06, 2012, 04:46:02 PM »

The rate will go down even if job creation is anemic by virtue of the aging baby boomers retiring.
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Lief 🗽
Lief
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« Reply #8 on: January 06, 2012, 05:38:04 PM »


Most likely.

About 2-3 Mio. jobs could be created this year.

Unemployment could go down to about 7.5% and then further to about 4-5% when Obama leaves office in Jan. 2017.

I doubt it is anywhere near 7.5% espeicallly with more people entering the work force.......but there is a good chance it will be around 8.0% by election day.

I think you're being a little too confident. The UK is likely to double dip this year, which would then have an adverse effect on the rest of the EU and possibly the US. Unemployment could there be above 9% by election day.

The UK has already double-dipped. Cameron destroyed the recovery with his unnecessary austerity program.
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You kip if you want to...
change08
Junior Chimp
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« Reply #9 on: January 06, 2012, 08:19:00 PM »


Most likely.

About 2-3 Mio. jobs could be created this year.

Unemployment could go down to about 7.5% and then further to about 4-5% when Obama leaves office in Jan. 2017.

I doubt it is anywhere near 7.5% espeicallly with more people entering the work force.......but there is a good chance it will be around 8.0% by election day.

I think you're being a little too confident. The UK is likely to double dip this year, which would then have an adverse effect on the rest of the EU and possibly the US. Unemployment could there be above 9% by election day.

The UK has already double-dipped. Cameron destroyed the recovery with his unnecessary austerity program.

Well, technically, we've just stagnated. Although, some are expecting worse to come.
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