18,000

[red states rule]

Another month and another terrible jobs report. As usual Obama and his allies in the liberal media are making excuses

Now the lousy jobs report is the fault of Republicans for not wanting to increase the debt limit, raise taxes, and rev up government spending

Does anyone but that?





“18,000”

-- The net number of new jobs created in June according to the Bureau of Labor statistics.

The June jobs report is a disaster.

With only 18,000 new jobs added, the report shows that the economy is grinding to a halt as employers pull back. Economists had forecast a gain of 125,000 jobs, far below the more than 200,000 needed just to keep unemployment rates stable, but at least a sign that the doldrums of spring had ended.

The baseline unemployment rate is back up to 9.2 percent and is held there only by the large number of Americans whose unemployment has gone on so long that it has become a terminal condition.

Investors desperate for good news had glommed on to good retail sales numbers and the 125,000-job forecast to keep the rally running on Wall Street, but as has always been the case in the quasi-recovery since the Panic of 2008, those hopes were cruelly dashed.

Senior White House Adviser David Plouffe was right when he said that the 2012 election won’t be determined by the unemployment rate but rather the way people feel about the economy. His point, inartfully phrased, was that a high unemployment number won’t be fatal to the president’s chances if people feel that things are getting better, as they did in 1984.

Today’s number suggests that people feel pretty awful about the economy and that those feelings are going to get worse.

President Obama’s sudden veering on a debt deal and about-face on his “bumps in the road” approach to the recovery suggests that the administration is entering a desperation phase on the subject of the economy.

Read more: http://www.foxnews.com/politics/2011/07/08/jobs-trend-spells-doom-for-obama/#ixzz1RY1NZsCd

[red states rule]

and the Washington Post is more worried about how the lousy job reports hurts Obama

I wonder when they get aorund to the worrying about those suffering under Obamanomics?





Friday’s gloomy jobs report has put President Obama at increasing risk of losing what could be one of the strongest arguments for his reelection: that he turned around an economy in rapid decline and ushered in a vibrant recovery.

Anemic job growth and a jump in the unemployment rate to 9.2 percent are forcing the White House to prepare for a 2012 campaign that focuses not on what Obama has done to improve the economy, but on what the other side would do to hurt it.

No American president since World War II has been elected with unemployment above 8 percent — which is where Obama’s economists now expect the rate to be in November 2012. More than 25 million Americans are unemployed or don’t have jobs that meet their needs or skills. People are now searching for work longer than they ever have before.

On Thursday, David Plouffe, a senior adviser and the architect of Obama’s 2008 campaign, attempted to downplay the idea that Obama would have to defy history to win reelection.

http://www.washingtonpost.com/business/economy/jobs-report-is-setback-for-obama-as-reelection-campaign-looms/2011/07/08/gIQAxT9g3H_story.html?hpid=z1

[Gaffer]

The only way they are going to increase employment is if MacD and Burger King have a hiring competition.

DEPRESSION, DEPRESSION, DEPRESSION

[red states rule]

The only way they are going to increase employment is if MacD and Burger King have a hiring competition.

DEPRESSION, DEPRESSION, DEPRESSION

The Obama supporters are hoping Obama can take the current shity state of the US economy to a terrible state so he might have a slim chance at being re-elected

So what is the national debt is soaring? So what is more people are losing their jobs? So what if foreclosures are increasing? So what if inflation is creeping back?

It is all about keeps Obama is office in 2012

Don't belive me? Listen and read what the liberal media will be "reporting" in the next few weeks

None of this matters - only how Obama tells people that he "cares"

and of course it is all Bush's and the Republicnas fault

[gabosaurus]

The nationwide spate of GOP mandated budget cuts hasn't contributed to the jobless figures at all, right?

[red states rule]

The nationwide spate of GOP mandated budget cuts hasn't contributed to the jobless figures at all, right?

So keep runiing up the debt to were we are worse off then Greece, and keep those government workers on the payroll

That is your solution Gabby?

[gabosaurus]

Address the question.

[red states rule]

Address the question.

You mean like YOU addressed the questions you asked me in your thread on Questions For RSR? :laugh2:

I have told you how Pelosi and Reid yanked out E Verify so illegals could get jobs easier, and you ignore it

[SassyLady]

RIF boards popping up all over the place ... Navy letting 3,000 go, Air Force - a few hundred ... Army .... 30K???

Talk today of huge numbers of retired military will be hitting the job market starting October .... further flooding the market with unemployed.


Navy to Cut Jobs Amid Recession-Driven Sailor Surplus

U.S. sailors of the USS Monterey stand next to their vessel in the Black Sea port of Constanta, Romania, Tuesday, June 7, 2011.
With more sailors staying in the military amid a slumping economic recovery, the U.S. Navy is taking the unprecedented step of firing low-ranking petty officers to help rein in spending.
The Navy plans to let go of 3,000 young sailors after economic uncertainty put the service in the unusual position of having a manpower surplus.
The move comes as a new government report shows that the unemployment rate ticked up to 9.2 percent -- marking 29 straight months that number has been over 8 percent and a record streak since the Great Depression.

In August, the Navy will convene a board to review the cases of 16,000 sailors and eliminate 3,000 positions, about 1 percent of the force. Navy officials say the jobs cuts will be based on experience and individual performance records.
It's a complete reversal for the military, which just four years ago at the height of the fighting in Iraq, had a hard time meeting its recruiting goals. At the time there was talk of the Army being spread so thin it would not have enough fighters to conduct its wars. Now with the White House aiming to cut spending and pull troops out of Iraq and Afghanistan, the need for more men has diminished.
Rep. Mike Coffman, who sits on the House Armed Services Committee and served in the Marine Corps, says it's not a good situation for those young sailors.
"There's no retirement for them and... there's no severance for them," Coffman said. "So essentially they're with so many other Americans on unemployment."
Coffman told Fox News it's not unusual for the military's retention rates to go up during bad economic times, but he called this particular case "unprecedented."
"It's never gone up to this level where so many people, the vast majority of people want to stay in the United States Navy."
The Air Force retention rates are also up to a 6-year high, causing it to convene a similar reduction-in -force board. The Air Force will review the records of more than 9,000 officers, mostly majors, and roughly 400 are expected to be let go.
Fox News military analyst and retired Maj. Gen. Bob Scales, says it all boils down to pressure on Washington to save money and simple arithmetic.
"The quickest way to reduce the budget for the military is to cut people," Scales said. "They can be pulled out of the ranks immediately and the savings are immediate. Whereas when you try to cut programs often times for new weapons systems it takes years, if not decades, to get all that money back."
The retention rate for sailors with one to six years of service rose 10 percent from 2005 to 2010. And the Navy is overstaffed in 31 different job categories: jet engine mechanics, avionics technicians, electricians.
"What we're seeing in the Navy is just the tip of iceberg for all the services," Scales said. "The Air Force and the Navy have gone down in strength over the last few years and as the troops return from Afghanistan and Iraq and as pressure mounts on the defense budget, we're going to see similar consequences for the ground services."
Former Defense Secretary Robert Gates announced in January that as the wars come to a close in 2015 the Pentagon has plans to cut active-duty soldiers by 27,000 and reduce the Marine Corps by roughly 15,000.
In October, the Army will begin cutting its ranks by 22,000 -- and that means even more job seekers in a market with fewer and fewer good jobs.


Read more: http://www.foxnews.com/politics/2011/07/08/navy-to-cut-jobs-amid-recession-driven-sailor-surplus/#ixzz1RZCmi6mt

[Gaffer]

RIF boards popping up all over the place ... Navy letting 3,000 go, Air Force - a few hundred ... Army .... 30K???

Talk today of huge numbers of retired military will be hitting the job market starting October .... further flooding the market with unemployed.

Just like the carter days. I bet reenlistment bonus's have been drastically cut too.

[KarlMarx]

The nationwide spate of GOP mandated budget cuts hasn't contributed to the jobless figures at all, right?

Exactly, they haven't. There is no job creation going on. And why? Because the Obama Administration is doing nothing to fix the mess but everything to make it worse. The private sector is the job creation engine of our economy, not the public sector. Increasing taxation takes money out of the private sector where it can be used to invest in machinery and in capital, and result in the creation of jobs. The only thing that taxation does is give politicians more money to spend on silly things like monkey studies and skateboard parks.

Unfortunately, this is all lost on people like yourself. You think that there is an infinite supply of money out there waiting to be appropriated from private citizens and businesses and given to its rightful owner... the government.

[KarlMarx]

RIF boards popping up all over the place ... Navy letting 3,000 go, Air Force - a few hundred ... Army .... 30K???

Talk today of huge numbers of retired military will be hitting the job market starting October .... further flooding the market with unemployed.

According to some, these people are nothing better than parasites... we haven't cut the defense budget enough....

[SassyLady]

According to some, these people are nothing better than parasites... we haven't cut the defense budget enough....

I'm OK with a RIF as long as the economy is creating jobs to absorb them. It just seems that the government is all about creating public sector jobs. Who are all these jobs going to? Political bureaucrats probably.

[fj1200]

The nationwide spate of GOP mandated budget cuts hasn't contributed to the jobless figures at all, right?

You rather miss the point eh? If the budget cuts do lead to higher unemployment then there is no private sector job growth that will absorb the jobless. Your folly is in thinking that government can create the jobs necessary.