View Single Post
  #8   Report Post  
Tuuk
 
Posts: n/a
Default Economists "Cautious" About Employment Numbers

Come on there Harry,, Your changing the goal posts again to your liking. Not
too smart are ya.

Yes Harry, the average educated individual does work for 8 different
employers during their careers. Not like you old timers or retirees who
worked for only one employer their entire careers. Especially you union
types. Harry, I made you a bet before, I will do it again, if you wish to
compare say incomes, I will put a thousand U.S.dollars down that my taxable
incomes are higher than yours there smarty. For a thousand, I will drive
down to where ever you live, real friendly like, prove to you that my last
10 years taxable income was more than yours was in any given year. Dont
knock my employments there Harry, I have never belonged to a union, never
had the need. While you morons fight for your greedy incomes, mine is
earned. Wanna put some money where your mouth is? Back to you Harry, what
say you?






"Harry Krause" wrote in message
...
Tuuk wrote:
Come on there Harry,,,

Your going to have to give your head a shake after this one.




You've already demonstrated your inability to think clearly or even to
hold a job for more than 30 days, fella. Try reading for content. Most
non-political Economists are unconvinced we are having a real recovery
in jobs.





"Harry Krause" wrote in message
...

From the AP:


Economists remaine cautious.

"It is too early to celebrate," said Sung Won Sohn, chief economist at
Wells Fargo in Minneapolis.

*He noted that most of the increase was because of part-time workers.
The number of people who worked part time for economic reasons rose to
4.7 million in March, up from 4.4 million the previous month.*



(Part-time workers...no benefits...the GOP dream)

"The average duration of unemployment has been lengthening, persuading
unemployed workers to accept part-time jobs," Sohn said.

In March, there were 8.35 million people unemployed, compared with 8.17
million the previous month. The average duration of unemployment has
been more than 20 weeks, a 20-year high.


(A 20-year high....the highest since the Resgan era)


Technical factors also contributed to the overall hiring increase, Sohn
said. Good weather helped boost employment in construction, which rose
by 71,000 last month. The end of a strike by California grocery workers
was a big factor in the increase in retailers' payrolls, which were up
by 47,000.


(Ahh,k weather and the end of a strike. Now that's Bush job creation for
you)



The average monthly gain in jobs in the past eight months has been about
95,000 - far below the 150,000 to 200,000 jobs needed to absorb new
entrants into the labor force, Sohn said. Like last month, the
unemployment rate could rise in coming months as workers decide to
resume their job searches.

"So overall, this is a good employment report but not a super employment
report," said Anthony Chan, chief economist at Banc One Investment


Advisors.

The jobless rate for blacks rose to 10.2 percent from 9.8 percent in
February. For whites, the rate rose to 5.1 percent from 4.9 percent. It
remained unchanged at 7.4 percent for Hispanics.