MercoPress. South Atlantic News Agency
US economy has regained all 8.7 million jobs lost during the recession
Employers in the United States added 217,000 jobs in May, slightly below what analysts had been expecting. The US non-farm payroll figure was well below April's revised number of 282,000 jobs, but it was still the fourth month in a row of solid gains. The unemployment rate in May remained at 6.3%. Read full article
Comments
Disclaimer & comment rulesOh!
Jun 07th, 2014 - 08:09 am - Link - Report abuse 0The whole west is in perpetual decline theory will have to be put on the back burner a while longer then I guess.
This would be good news if it were not for the fact that the US has learnt a few “wheezes” from The Cunt Brown © Jeremy Clarkson 2010 which includes letting long term unemployed be struck off the register as “no longer seeking employment”.
Jun 07th, 2014 - 12:50 pm - Link - Report abuse 0This is of course true, what is the point of continuing to look for jobs when there are NO jobs to be had for all the EU grafters who now infest Britain? TCB had to acknowledge they had NO IDEA how many EU Citizens were now in the country: and it has gone downhill further under Camoron and Cleggie.
I am pleased that the US seem to be making headway from what has been a bad time for all, but let us deal with reality, not fantasy.
The official numbers on employment, inflation, economic growth and most other things, are all lies and fraud. The real rate of unemployment is at least twice what they claim, probably more; they keep changing the way they calculate these things, until they get the numbers they want.
Jun 07th, 2014 - 07:50 pm - Link - Report abuse 0And they just started this manipulation
Jun 07th, 2014 - 11:29 pm - Link - Report abuse 0So all past figures were correct?
I love claims like that, they make no sense
4 Anglotino (#)
Jun 08th, 2014 - 05:48 am - Link - Report abuse 0No, past numbers were not correct, but generally less incorrect. You make no sense and have no sense.
The United States LEGALIZED propaganda in the 2011 National Defense Authorization Act. What is coming out of Washington DC is absolute fiction so far removed from reality even the most gullible are stunned.
Jun 08th, 2014 - 06:16 am - Link - Report abuse 0TRUTH - After five years of Obama-nation, a record 100 million US citizens are jobless. Most jobs regained have been low paying service sector jobs.
So if the past numbers weren't correct.
Jun 08th, 2014 - 06:41 am - Link - Report abuse 0And the current numbers are correct.
Are they still using the same lies? Or when compared has there been an actual improvement?
It is always funny that everyone has access to the raw data on economic facts that come out of most western countries and yet so many are lies and fraud.
I mean, Argentina tried it for a couple of years. Lying about inflation and growth. And everyone could tell because they were able to work out the actual correct rates using data available.
So Bisley says the unemployment rate is double the official rate - so that makes it 12.6% or 19.6 million people and here we have Jbrenn saying it is 100 million jobless - which is different to unemployment.
So which is it? Which conspiracy theory is right?
Because it fair enough for Chicken Little to keep shouting that the sky is falling in.... but all I see are acorns.
Anglotino, the Anglo supremacist fighting the losing good battle.
Jun 08th, 2014 - 06:52 pm - Link - Report abuse 0Yes, MOST Americans believe the numbers are a fraud. I guess you think I don't have internet and satellite television you idiot.
2nd, “decline” theory was proven. It took 3 times as long for the USA to regain all the job from this recession than the last 5!! (2001, 1995, 1989, 1982, 1973). SIX years...
And it will take two more to really regain all jobs adjusted for population and really start growing.
You know what 8 lost years regaining ground is called?
LOST DECADE.
The illusion of a recovering economy keeps the ponzi scheme stock market inflating and market manipulation alive.
Jun 08th, 2014 - 09:21 pm - Link - Report abuse 0The LIE:
The Labor Department releases a report indicating that the US unemployment rate has dropped again to just 6.3%.
Associated Press jumps on that claiming ”the strongest evidence to date that the economy is picking up.” citing economic experts. They mention bad “weather” and “winter” eight times in the article just to make sure we understand that the downturn over the last few months was seasonal.
Reality:
The drop in unemployment rate from the March 6.7 percent - does not explain that the labor force shrank by more the 800,000 in April.
Working-age people in the labor force, decreased to 62.8 percent, which is the lowest level since March 1978.
U.S. companies added over 280,000 jobs last month, yet three times as many people were dropped from the official unemployment statistics and are no longer counted in the labor pool.
At this rate the U.S. is well on it's way of achieving the Communist dream of 0% unemployment before the end of the Barck Hussein Obama's President’s term!
Well Jbrenn you have totally convinced me.
Jun 09th, 2014 - 08:17 am - Link - Report abuse 0So how long will they keep it up? Another year? Five years? Ten? A century?
How long before someone (perhaps you or Russia or China..... this list is truly endless) exposes them?
How long till companies stop inventing in the US because their actual a don't match their forecasts? I'm sure there's plenty of countries where they can invest more securely.
And will this be used as ammunition by the Republicans during the next election.
I'm serious if you believe what you write then you will have answers to these questions.
@ 9 Jbrenn
Jun 09th, 2014 - 11:13 am - Link - Report abuse 0“Working-age people in the labor force, decreased to 62.8 percent, which is the lowest level since March 1978.”
Please explain how the labour force CAN have non-working age people in it?
By definition any labour force can ONLY have working age people in it: they are WORKING and age does not come into at that point.
The major problem is, as identified in the article, the migration from higher paying jobs to low paying jobs.
Jun 10th, 2014 - 03:00 am - Link - Report abuse 0@10 What will expose the ponzi scheme is when the scheme stops working. The time periods between quantitative easing have been decreasing because their effectiveness is waning.
Jun 10th, 2014 - 07:33 am - Link - Report abuse 0The debt bubble wants badly to collapse and will collapse. Hard to say exactly when, but the deflationists say soon, perhaps within the next 18 months.
Multi-national corporations have the flexibility to tap into other markets. Small business in the States continue to struggle. It is a challenging business environment.
The Republicans are expected to do well in the elections. But it won't matter who is the captain of the Titanic is, the iceberg has already been struck.
Well I will wait 18 months to see what happens then.
Jun 10th, 2014 - 10:25 am - Link - Report abuse 0Hepatia has been predicting something for 2 years now and it still hasn't changed. 23 more years to disprove that prediction.
I'll still be on here in 18 months. Or 2 years. So we'll see if the whole house of cards come falling down.
If you're still here then we'll see who is right.
So the employment indexes have finally reached the same level they were in Sept 2008.......so where's all the progress that the Democrats and the Federal government have lied about over the past 6 years ??
Jun 14th, 2014 - 05:08 pm - Link - Report abuse 0Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!