January 2012 Jobs Report
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Author Topic: January 2012 Jobs Report  (Read 2960 times)
Joe Biden 2020
BushOklahoma
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« on: January 28, 2012, 11:35:52 AM »

The jobs report for the first month of 2012 is due to come out in 6 days.  What are the numbers estimated to be and what do you think they will be?  Will there be any revisions from previous months?
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Tender Branson
Mark Warner 08
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« Reply #1 on: January 28, 2012, 11:48:00 AM »

Private sector job growth of 231.000 minus 14.000 government sector jobs = 217.000 net jobs

Unemployment rate is down to 8.3% (from 8.5%)
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Mr.Phips
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« Reply #2 on: January 29, 2012, 10:42:06 PM »

Private sector job growth of 231.000 minus 14.000 government sector jobs = 217.000 net jobs

Unemployment rate is down to 8.3% (from 8.5%)

The unemployment rate cant keep going down like that unless 400,000+ jobs start being created a month.  Almost a million people left the labor force in the last few months and many of them will start to come back in the next several months. 
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Negusa Nagast 🚀
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« Reply #3 on: January 30, 2012, 12:49:40 AM »

Saw the number 170,000 floated around on CNNmoney.
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Jerseyrules
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« Reply #4 on: January 30, 2012, 11:49:17 PM »

The sad truth is that the government will do what it always does: spin the numbers so they, idiot 1, looks good and the other idiot looks bad.  That's the danger of the 2-idiot system.  And no, a third idiot will NOT solve our problems.  See H. Ross Perot
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Yank2133
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« Reply #5 on: February 03, 2012, 08:46:36 AM »

243,000 jobs added in January, unemployment down to 8.3.
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patrick1
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« Reply #6 on: February 03, 2012, 09:12:45 AM »

Private sector job growth of 231.000 minus 14.000 government sector jobs = 217.000 net jobs

Unemployment rate is down to 8.3% (from 8.5%)

Pretty damned good job, Tender.  245,000 actual and you nailed both the gov't and unemployment #
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Tender Branson
Mark Warner 08
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« Reply #7 on: February 03, 2012, 09:26:42 AM »

Well, it's the Obama-Recovery™, stupid !

Also:

"In December, the increase in payrolls was revised up to 203,000 from an initial report of 200,000. And November payrolls were revised up to 157,000 from 100,000."

...

If just the problems in the South/East of Europe (+Ireland) would go away, the US would now create 300K jobs per month, at least ...
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Eraserhead
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« Reply #8 on: February 03, 2012, 10:46:55 AM »

Poor Mitt.
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Lief 🗽
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« Reply #9 on: February 03, 2012, 11:47:54 AM »

What exactly does Mitt Romney have to run on if the economy keeps this up?
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greenforest32
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« Reply #10 on: February 03, 2012, 11:52:11 AM »

What exactly does Mitt Romney have to run on if the economy keeps this up?

Belief in America™
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Lief 🗽
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« Reply #11 on: February 03, 2012, 12:06:45 PM »

Quote
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http://www.slate.com/blogs/moneybox/2012/02/03/what_we_need_to_keep_the_recovery_on_track.html
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You kip if you want to...
change08
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« Reply #12 on: February 03, 2012, 12:15:25 PM »

What exactly does Mitt Romney have to run on if the economy keeps this up?

Belief in America™

"I never said that Obama was bad for economy."
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Oakvale
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« Reply #13 on: February 03, 2012, 12:17:23 PM »

RIP Mitt Romney's Presdential ambitions (Jan. 2003 - Jan. 2011)
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Sbane
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« Reply #14 on: February 03, 2012, 01:38:31 PM »

Well, hopefully this will keep up and Europe won't f it up.
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Politico
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« Reply #15 on: February 03, 2012, 02:59:07 PM »

I bet you boys were so proud when you finally pulled your grades up from D's to C's.

Obama promised A's, not C's. This is not good enough. And the economy has not even experienced the Euro shock yet, amazingly. It is time to try somebody else in the White House.
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t_host1
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« Reply #16 on: February 03, 2012, 03:10:11 PM »

243,000 jobs added in January, unemployment down to 8.3.

W O W !!

That means, that there's w a y more in TAX revenue pouring into the US Treasury.
That means, the predicted TAX increases will no longer be necessary.
That means, math is no longer used in official US Media stats.
That means, the food stamp president will tell GOD 'thanks' for saving his transformation.
That means, Trump, inturn, stops payment on his contribution check to Romney.
That means, "Dervish, the Obama Expansion" rolls on....

BTW - which president, President Gingrich or President Obama,
 defeat the islam-marx war on the world?

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Negusa Nagast 🚀
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« Reply #17 on: February 03, 2012, 03:21:14 PM »

I bet you boys were so proud when you finally pulled your grades up from D's to C's.

Obama promised A's, not C's. This is not good enough. And the economy has not even experienced the Euro shock yet, amazingly. It is time to try somebody else in the White House.

Amazing how much hackary blinds. Obama could magically pull out a record 500k and it would be "not good enough."
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CARLHAYDEN
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« Reply #18 on: February 03, 2012, 03:26:53 PM »
« Edited: February 03, 2012, 08:31:09 PM by CARLHAYDEN »

Well, it's the Obama-Recovery™, stupid !

Also:

"In December, the increase in payrolls was revised up to 203,000 from an initial report of 200,000. And November payrolls were revised up to 157,000 from 100,000."

...

If just the problems in the South/East of Europe (+Ireland) would go away, the US would now create 300K jobs per month, at least ...

Well, lets look at the real numbers (in thousands).  A comparison between January of 2009 and January of 2012 is most instructive (since same month is involved, "seasonal adjustments" are unnecessary).

                                                                  2009          2012          Change

Civilian noninstitutional population   234,739     242,269           7,530
Civilian Labor Force Level                 153,445     153,485                40
Employed                                          140,436     139,944           - 492
Participation                                        59.8%       57.8%              2.0

TB, will you ever get over apologizing for Obama?  Is it possible in your mind that anything Obama could (has, or will) do could ever be wrong?  

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Eraserhead
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« Reply #19 on: February 03, 2012, 04:21:13 PM »

At least Newt could mount an attack on Obama from a cultural angle (as sad and disturbing as that would be). The economy is all Romney has going for him. Really.
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Lief 🗽
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« Reply #20 on: February 03, 2012, 04:57:53 PM »

U6 has also declined steadily since last fall, from 16.4% in September to 15.1% last month. Good news all around, it seems.
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LastVoter
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« Reply #21 on: February 03, 2012, 05:00:24 PM »

At least Newt could mount an attack on Obama from a cultural angle (as sad and disturbing as that would be). The economy is all Romney has going for him. Really.
So Obama gets over 60% of the vote?
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Politico
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« Reply #22 on: February 03, 2012, 05:07:28 PM »
« Edited: February 03, 2012, 05:09:22 PM by Politico »

Well, it's the Obama-Recovery™, stupid !

Also:

"In December, the increase in payrolls was revised up to 203,000 from an initial report of 200,000. And November payrolls were revised up to 157,000 from 100,000."

...

If just the problems in the South/East of Europe (+Ireland) would go away, the US would now create 300K jobs per month, at least ...

Well, lets look at the real numbers (in thousands).  A comparison between January of 2009 and January of 2012 is most instructive (since same month is involved, "seasonal adjustments" are unnecessary).

                                                                  2009          2012          Change

Civilian noninstitutional population   234,739     242,269           7,530
Civilian Labor Force Level                   153,445     153,485                40
Employed                                    140,436     139,944           -492
Participation                        59.8%       57.8%              2.0

TB, will you ever get over apologizing for Obama?  Is it possible in your mind that anything Obama could (has, or will) do could ever be wrong?  



The "hope and change" of January 2009 is now "got any change, Obama?"

The difference between Obama and Romney:

Obama: "I bless the culture of dependence."
Romney: "God bless the USA."
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Politico
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« Reply #23 on: February 03, 2012, 05:11:04 PM »
« Edited: February 03, 2012, 05:17:26 PM by Politico »

At least Newt could mount an attack on Obama from a cultural angle (as sad and disturbing as that would be). The economy is all Romney has going for him. Really.
So Obama gets over 60% of the vote?

He only got 53% of the vote when there was:

- "Hope and change"
- A financial crisis to blame on Bush/Republicans
- An old, erratic, unattractive John McCain as his opponent
- Sarah Palin to mock

How in the world is he going to manage anything close to 53% in THIS environment, but especially if another financial crisis hits due to the troubles in Europe? You do realize what Carl's numbers are showing, right? Things are still worse off than they were three years ago when Obama took office. Not just that, but we have an enormous amount of discouraged workers who are not even reflected in the unemployment rate. The real unemployment rate that America is feeling is well into the double digits.
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Beet
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« Reply #24 on: February 03, 2012, 05:14:22 PM »

This report is even better than it looks. Including revisions to the previous two months, and the benchmark adjustment of previous reports to payroll data, total payrolls are 468,000 higher than the amount thought a month ago.
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