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Markets rally on U.S. job creation

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posted on Dec, 1 2010 @ 05:04 PM
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www.cbc.ca...



North American stocks markets rallied Wednesday, as a report showed small businesses in the U.S. were hiring more workers and the European Central Bank indicated it will do whatever is necessary to support the financial stability of member countries. Read more: www.cbc.ca...#ixzz16u6Qc1Jc





Economists had expected private companies to add 70,000 jobs. However, the number of planned layoffs rose 28 per cent, its highest level since March. Read more: www.cbc.ca...#ixzz16u6ZqYL5





ADP Employer Services reported that job creation in the U.S. by private companie Read more: www.cbc.ca...#ixzz16u6k6frO


Looks like these are jobs for the Christmas season or at least a season job surge
Still the jobless rate is going higher and will continue to do so.

Cant you believe this one? i sure cant what do you make of this?




posted on Dec, 1 2010 @ 05:18 PM
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It's once again falsification that won't last.

The statistics come from the number of unemployment checks sent out.

When a persons unemployment runs out, even if they still don't have a job, they are taken out of the system as an unemployed.

Yes you are correct in saying many of the stats are only temporary positions for Christmas and in a month, it will once again rise to record numbers.

Another thing of note is the number of people who have taken pay cuts or hour cuts, just in order for them and there co-workers to keep there jobs.


edit on 1-12-2010 by thewholepicture because: (no reason given)



posted on Dec, 1 2010 @ 05:23 PM
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Originally posted by thewholepicture
When a persons unemployment runs out, even if they still don't have a job, there are taken out of the system as an unemployed.


Correct...one way to make the unemployment numbers go down significantly is to simply stop counting them.

I personally think the ending of the unemployment benefits yesterday was a somewhat evil plan by the right to show false numbers on how they have significantly decreased the unemployment statistics with their leadership...hey...look at that...we got 4% unemployment...nevermind the whole 10% now homeless...at least they are technically not unemployed in regards to the book.

grrrr

anyhow, I will accept the pretend news of our jobs boom in society...feels good to occasionally fool yourself...will deal with the reality of the situation after the holidays..can't really do much about this stuff anyhow.



posted on Dec, 1 2010 @ 07:09 PM
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Originally posted by Agent_USA_Supporter
Looks like these are jobs for the Christmas season or at least a season job surge


Exactly but the media cheerleaders think we are too stupid to realize this just like the census temporary work deal.



posted on Dec, 5 2010 @ 12:42 PM
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itulip broaches the unspeakable.

Shhhhh! (inflation adjusted stock values)....




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