Comments on: Unemployment Report: September 4, 2009

By: Ted

Ted — Mon, 07 Sep 2009 03:33:29 +0000

Nice economy that Bush left us with. Bush left us with the biggest deficits and the worst economy since the great depression. Nice parting gift from Bush.

By: OWG

OWG — Sat, 05 Sep 2009 19:23:33 +0000

Two weeks ago the large headlines on the front page of the Portland Tribune in Oregon read: “The Real Misery Rate: 25% unemployment.” And Oregon was in the tank for Barry Soetoro the usurper. They got what they voted for. NO JOBS…they’ve been lied to..but then they say, “every politician lies”. DOH! How stupid can you be? Barry Soetoro is a Pathological Liar and the best liar ever! Expect everything he says to be downright nonsense.
Wait until the Commercial Real Estate Market implodes soon. Loss of Farms and less food..losses galore in all types of commercial industry. Tic Toc. Barry the butthead-thanks for nothing hustler.

By: Linda C

Linda C — Sat, 05 Sep 2009 14:53:06 +0000

The other sugar coating spin is the actual “growth in the labor force” is typically older Americans while “younger ones” are staying in school. It is being spun out as the older Americans want to work as some self fulfilling psycho babble project and the younger one want to stay in school. The reality is that older Americans have to work because their retirement income has either vanished or can’t keep up with just the medical costs. The younger ones are staying in school under a ton of debt which they cannot repay without living in their parent’s basement for the rest of their days.

By: Weekend Wrap Up, It Sucks to be Obama : NO QUARTER – CelebrityTwitterGossip.com

Sat, 05 Sep 2009 07:22:14 +0000

[...] you a happy labor day. Unfortunately, in light of the dismal unemployment numbers out today (see LD’s excellent analysis) the number of people laboring is shrinking. That’s a bad thing. We warned several months ago [...]

By: Talk2ThePaw

Talk2ThePaw — Sat, 05 Sep 2009 04:32:05 +0000

One thing no one is mentioning is the big factor that “Cash For Clunkers” had and will have on the unemployment figures. Plants recalled laid off employees to fill the increase in cars needed. That helped the August figures. The increase in buying promoted by CFC will ultimately cause a crash in the employment figures of the auto industry. And not just the production plants, but in the dealerships and other ancillary businesses. Dealers said that they sold more cars during CFC than they usually do in 10 months or a year.

Again, common sense dictates that the auto industry is due for a bigger decline than they had last year.

By: avwrobel

avwrobel — Sat, 05 Sep 2009 03:24:21 +0000

Yup, we’re in for a 1-2 year slow, gradual recovery. Something that is very underreported is the savings rate. Every so often we’ll see some news blurb about how the savings rate is going up a little, to something like 4-5% from a negative rate, as if its a great thing. What isn’t reported though is that what is included in the savings rate is paying off credit (or ‘debt’) cards. In other words, there’s no money actually being saved; just paying off our 15-30% rate credit cards. That’s why the Bank of America, Wells Fargo, et al are looking better now profit wise. but their profits are dragging the recovery down by holding down the middle class.

By: Katmoon

Katmoon — Sat, 05 Sep 2009 02:56:38 +0000

If there are desperate unemployed people won’t that make it much easier for them to be scooped up into the Obama corps? Or maybe this is his plan to raise enlistment rates. Which community did this fool organize, Zardoz?

By: oowawa

oowawa — Sat, 05 Sep 2009 02:52:30 +0000

Lay-away. Everything old is new again.

You know, there was a nice attitude that went along with “layaway.” It was the underlying feeling that if something was worth buying, it was worth working for, and you didn’t deserve to possess the item until you paid for it. A big purchase (and back then lots of things were “big” that would be considered “little” nowadays) was a big decision, and it took follow-through to make it happen. It made it special. Yep, I’m old. Wish I was new again.

By: oowawa

oowawa — Sat, 05 Sep 2009 02:42:46 +0000

Thanks very much for the kind words, Senneth.

By: Weekend Wrap Up, It Sucks to be Obama : NO QUARTER

Weekend Wrap Up, It Sucks to be Obama : NO QUARTER — Sat, 05 Sep 2009 00:39:27 +0000

By: bobo

bobo — Fri, 04 Sep 2009 22:38:39 +0000

The billions Obama wasted on Wall Street criminals could’ve been used to provide additional training and scholarships for the unemployed to return to school. Those dollars could’ve been used to create new jobs. Instead they went to billionaires who gave themselves million dollar bonuses during the biggest economic crisis in over two decades. This is reason enough for everyone to cast a vote against Obama in 2012.

By: Peggy Sue

Peggy Sue — Fri, 04 Sep 2009 22:35:48 +0000

It’s not that I don’t like the idea, oowawa. In fact, it makes sense. You pay a little each week or month or whatever the arrangement is with your retailer. But it startled me when I saw a couple of local ads advertising the programs. A true blast from the past! This is how I bought things as a kid with limited funds. The store would give you a little account book, and it was a thrill to see those numbers reduced until . . . Bingo! The long desired item was yours, paid in full.

And this really made me laugh:

“I like the idea of laying myself away over the winter–kind of like hibernation. Only problem is, I’m afraid that when I wake up in the spring, I’ll find that I’ve been evicted from my foreclosed cave.”

I think many of us share this fear, but it’s a very good thing when you can give it a light-hearted but pointed spin.

Lay-away. Everything old is new again.

By: Helen

Helen — Fri, 04 Sep 2009 22:23:11 +0000

What’s really sad about this is that women are continuing to bring more babies into this mess. Either they are not aware of the future for their children, or are being irresponsible.

By: NoBamaNoWay

NoBamaNoWay — Fri, 04 Sep 2009 21:31:31 +0000

there will be no significant improvement in america’s employment situation until the idea of “Free trade” is dead and buried. all of america’s good jobs are GONE, and it will take years to get them back, and that’s assuming our government works with us and not against us.

By: NoBamaNoWay

NoBamaNoWay — Fri, 04 Sep 2009 21:19:07 +0000

i hear you; with good jobs being so much harder to find, employers are demanding more of employees, co-workers are getting competitive and critical of each other, and the workplace is becoming a lot less pleasant and secure than it used to be. it is definitely not good for a person’s state of mind.