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Employment seen gaining speed though jobless rate up

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posted on Feb, 4 2011 @ 01:40 AM
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Now this is hilarious i love how the media lie for the jobless rate to go up, if it were only true
news.yahoo.com...



All of the anticipated job gains are expected to have been generated by the private sector and would add to other data suggesting that the manufacturing-driven recovery is now spreading to other sectors of the economy.





Still, the employment gains would be insufficient to prevent the jobless rate from edging up to 9.5 percent from 9.4 percent in November and too slim to discourage the Federal Reserve from completing its $600 billion government bond-buying program to support the economy.






but said "it will be several years before the unemployment rate has returned to a more normal level."


just keep reading article and this is my fav




"We have a lot of workers on the sidelines. They will come back it when the labor market recovers," said Stephen Bronars, senior economist at Welch Consulting in Washington. "The effect is that the unemployment rate is going to stay above a level we would consider acceptable for a longer period of time."

edit on 4-2-2011 by Agent_USA_Supporter because: (no reason given)

edit on 4-2-2011 by Agent_USA_Supporter because: (no reason given)




posted on Feb, 4 2011 @ 01:53 AM
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Oh sure,the happy-clappers are at work again. The jobs aren't coming back. As companies scramble to save their own bacon from the very crisis they helped to create,they're going to increasingly turn to technology to reduce the amount of workers they need or find ways of out-sourcing the work piece-meal or in whole to lower-cost countries.

Events have been set in motion which cannot be undone. Any job gains are likely to be temporary as the whole system is set to eventually implode on itself.



posted on Feb, 4 2011 @ 02:25 AM
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uhhhhhhhhhhh REALLY?

Unemployment at 9.8%!

If you use another source-Real Unemployment at 22%-Shadow Stats

But hey, the inflation rate is only at-Aggregate inflation at 9%, Food and energy much higher

But hey, I am sure the government will run out the real numbers buried on page 36 or 6-10 clicks on their site.



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