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#1
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Jobless rate soars to 6.1%
Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. |
#2
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On Sep 5, 8:43*am, hk wrote:
Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. I was wondering about you. All you ever seem to do is paste DNC articles and columns here, and insult other posters. Do you have an inferiority complex? |
#3
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#4
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On Sep 5, 8:51*am, hk wrote:
wrote: On Sep 5, 8:43 am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July.. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs.. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. *I was wondering about you. *All you ever seem to do is paste DNC articles and columns here, and insult other posters. *Do you have an inferiority complex? No, I don't live on an houseboat.- Hide quoted text - - Show quoted text - I read that sometimes an inferiority complex and the resultant behavior is cause by a small weiner. Is this you secret problem? |
#5
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On Sep 5, 9:49*am, wrote:
On Sep 5, 8:43*am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. *I was wondering about you. *All you ever seem to do is paste DNC articles and columns here, and insult other posters. *Do you have an inferiority complex?- Hide quoted text - - Show quoted text - In a nutshell, Harry is a narcissist. He lies (big lies!) all of the time. People call bull**** on him, and rightfully so, so he goes into attack mode. If you either believe his tall tales, or simply don't address them out loud to the group, and are always in complete agreement with him, you'll be okay. If you violate any of the above, watch out! |
#6
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On Sep 5, 8:56*am, wrote:
On Sep 5, 9:49*am, wrote: On Sep 5, 8:43*am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. *I was wondering about you. *All you ever seem to do is paste DNC articles and columns here, and insult other posters. *Do you have an inferiority complex?- Hide quoted text - - Show quoted text - In a nutshell, Harry is a narcissist. He lies (big lies!) all of the time. People call bull**** on him, and rightfully so, so he goes into attack mode. If you either believe his tall tales, or simply don't address them out loud to the group, and are always in complete agreement with him, you'll be okay. If you violate any of the above, watch out!- Hide quoted text - - Show quoted text - I just bet he's trying to compensate for his lack of "endowment." Poor soul. |
#7
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On Sep 5, 9:54*am, wrote:
On Sep 5, 8:51*am, hk wrote: wrote: On Sep 5, 8:43 am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5.7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. *I was wondering about you. *All you ever seem to do is paste DNC articles and columns here, and insult other posters. *Do you have an inferiority complex? No, I don't live on an houseboat.- Hide quoted text - - Show quoted text - I read that sometimes an inferiority complex and the resultant behavior is cause by a small weiner. *Is this you secret problem?- Hide quoted text - - Show quoted text - It can also be caused from traumatic child abuse, say, not enough attention, or the wrong kind of attention from a close male family member of friend.. If you look at the innuendo harry brings up all the time, he has some real sexual issues.. I have a feeling harry suffered some pretty serious abuse as a young boy... |
#8
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#9
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On Sep 5, 9:04*am, wrote:
On Sep 5, 9:54*am, wrote: On Sep 5, 8:51*am, hk wrote: wrote: On Sep 5, 8:43 am, hk wrote: Jobless rate soars to 6.1% Unemployment surges to 5-year high as employers cut workers for eighth straight month, bringing '08 job losses to 605,000. NEW YORK (CNNMoney.com) -- The unemployment rate soared to a nearly five-year high in August, topping 6%, as employers trimmed jobs for the eighth straight month, according to the latest government reading Friday that came in weaker than forecasts. The big surprise in the report was that the unemployment rate rose to 6.1%, the highest level since September 2003. That's up from the 5..7% rate in July and 4.7% a year ago. Economists surveyed by Briefing.com had forecast the rate would remain unchanged from the July reading.. There was a net loss of 84,000 jobs in August, according to the Labor Department, compared to a revised reading of a 60,000 job loss in July. Economists surveyed by Briefing.com had forecast a loss of 75,000 jobs. With the August report, the U.S. economy has now lost 605,000 jobs so far this year. Manufacturing lost 61,000 jobs, while construction employment fell by 8,000. But the job losses were widespread beyond those two troubled sectors. Retailers trimmed 20,000 jobs despite the back-to-school shopping season that is second only to the holiday period for many stores. Business and professional services, a broad category that includes industries such as accountants, consultants and legal services, lost 53,000 workers. Leisure and hospitality cut 4,000 jobs. The few sectors showing gains were government as well as education and health services, which gained 72,000 between them to temper the losses elsewhere. But while economists generally study the payroll numbers most closely in this report, it's the unemployment rate that registers with most Americans when they think about the labor market. The jump is likely to be a new blow to consumer confidence, which had just started to show gains from earlier lows due to declining gasoline prices. And if consumer confidence starts to fall again, it could put a brake on spending which in turn would be a new drag on the economy.. The unemployment rate doesn't even tell the whole picture about how difficult the job market has become. It only counts those who looked for work during the month, not unemployed people who want jobs but who have become discouraged from looking for work. And it also doesn't count those who want full-time jobs but can only find part-time position.. The so-called underemployment rate, which includes those two other groups, rose to 10.7%, the highest reading since 1994. Dah'ling, I've been monitoring this group for some time, as I live on a houseboat. *I was wondering about you. *All you ever seem to do is paste DNC articles and columns here, and insult other posters. *Do you have an inferiority complex? No, I don't live on an houseboat.- Hide quoted text - - Show quoted text - I read that sometimes an inferiority complex and the resultant behavior is cause by a small weiner. *Is this you secret problem?- Hide quoted text - - Show quoted text - It can also be caused from traumatic child abuse, say, not enough attention, or the wrong kind of attention from a close male family member of friend.. If you look at the innuendo harry brings up all the time, he has some real sexual issues.. I have a feeling harry suffered some pretty serious abuse as a young boy...- Hide quoted text - - Show quoted text - And being a fat man with a small weiner doesn't bode well for him as an adult. |
#10
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Carilyn wrote:
On Sep 5, 9:04 am, wrote: It can also be caused from traumatic child abuse, say, not enough attention, or the wrong kind of attention from a close male family member of friend.. If you look at the innuendo harry brings up all the time, he has some real sexual issues.. I have a feeling harry suffered some pretty serious abuse as a young boy...- Hide quoted text - - Show quoted text - And being a fat man with a small weiner doesn't bode well for him as an adult. Has that been your experience? Lots of fat men with small wieners? |
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