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November 13, 2018, 11:24:34 pm
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News: Election 2018 predictions for US Senate are now open!.

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| |-+  Economics (Moderator: Torie)
| | |-+  May 2012 Jobs Report
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Author Topic: May 2012 Jobs Report  (Read 5016 times)
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jfern
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« Reply #25 on: June 01, 2012, 09:31:35 pm »

Who could have predicted that a spineless moderate hero and a Congress bent on making him look bad would lead to poor results?

/sarcasm

And yeah, the first frame of the cartoon in my signature is highly relevant today.
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old timey villain
cope1989
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« Reply #26 on: June 01, 2012, 10:57:28 pm »

So what are everyone's predictions for the next 5 months. Are we heading into negative territory or will job growth pick up again??
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Can't we all just get along?
Torie
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« Reply #27 on: June 01, 2012, 11:09:21 pm »

So what are everyone's predictions for the next 5 months. Are we heading into negative territory or will job growth pick up again??

Put investors, and corporations siting on tons of cash they won't use to buy machinery and bricks and mortar, and consumers who won't spend, on the coach, maybe hypnotize them to get them spill their guts about their subconscious hopes and fears, and maybe one might move closer to finding an answer, assuming therapy is worth a darn, but that is another issue.
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BigSkyBob
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« Reply #28 on: June 01, 2012, 11:50:33 pm »

The mild weather in the winter distorted the employment figures upwards in the winter, and downwards in the spring. People whom didn't lose their jobs because the weather turned cold in fall weren't rehired in the spring for the obvious reasons. The January numbers weren't nearly as positive as they were hyped to be, and the spring numbers might not be as dreadful as they appear. Still, I wouldn't want to be Obama today.
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The real scandal in Washington is not the bribery, corruption, or sex. It is how poorly we are governed. That has begun to change with the election Donald Trump.
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jfern
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« Reply #29 on: June 02, 2012, 12:14:31 am »

So what are everyone's predictions for the next 5 months. Are we heading into negative territory or will job growth pick up again??

Put investors, and corporations siting on tons of cash they won't use to buy machinery and bricks and mortar, and consumers who won't spend, on the coach, maybe hypnotize them to get them spill their guts about their subconscious hopes and fears, and maybe one might move closer to finding an answer, assuming therapy is worth a darn, but that is another issue.

Corporate tax rates are clearly too low. But long term, there will continue to be huge unemployment problems.
http://marshallbrain.com/robotic-nation.htm
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Scott
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« Reply #30 on: June 02, 2012, 05:53:28 am »

Europe's worsening debt crisis appears to have played a role in this.  Hopefully, the increase in labor participation will produce a positive jobs report in the coming months.
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Gabriel Cceres

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phk
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« Reply #31 on: June 02, 2012, 04:45:49 pm »

1.) The unemployment rate increased sharply for those without a high school diploma (from 12.5 percent to 13 percent).

2.) While it decreased for those with a BA (from 4 percent to 3.9 percent).

3.) It also increased for those with a high school diploma but not college (7.9 percent to 8.1 percent).

4.) It also increased for those with some college (7.6 percent to 7.9 percent).

Basically people who went to college saw their rates decline very slightly. It increased notably for the others.
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LastVoter
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« Reply #32 on: June 02, 2012, 04:49:56 pm »

1.) The unemployment rate increased sharply for those without a high school diploma (from 12.5 percent to 13 percent).

2.) While it decreased for those with a BA (from 4 percent to 3.9 percent).

3.) It also increased for those with a high school diploma but not college (7.9 percent to 8.1 percent).

4.) It also increased for those with some college (7.6 percent to 7.9 percent).

Basically people who went to college saw their rates decline very slightly. It increased notably for the others.
So people that vote saw their unemployment decline slightly.. Hmm...
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