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32,000 Jobs Created in July (UE Rate Down at 5.5%)
CNBC
| August 6, 2004
Posted on 08/06/2004 5:30:25 AM PDT by RWR8189
32,000 jobs were created in July. The unemployment rate down at 5.5%
Details to come...
ouch
TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: bush43; bushboom; busheconomy; bushrecovery; ffrhike; goodbyedemocrats; gwb2004; joblessrecovery; jobs; jobsreport; kerrycries; nonfarmpayrolls; payrolls; suicidewatchforwg; tdids; thebusheconomy; uerate; unemployment; unemploymentrate; weredoomed; wgids; wheresdaschele
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1
posted on
08/06/2004 5:30:29 AM PDT
by
RWR8189
To: RWR8189
June revised down to 78,000.
2
posted on
08/06/2004 5:32:25 AM PDT
by
RWR8189
(Its Morning in America Again!)
To: RWR8189
3
posted on
08/06/2004 5:33:12 AM PDT
by
EQAndyBuzz
("John Kerry does not want to lead this country, he wants to be president.")
To: EQAndyBuzz
I have seen this before but what is TDIDS?
4
posted on
08/06/2004 5:35:28 AM PDT
by
PersonalLiberties
(An honest politician is one who, when he's bought, stays bought. -Simon Cameron, political boss)
To: RWR8189
Horrible, horrible news. Bush is in VERY BIG trouble. This number is beyond bad news, it will probably elect John Kerry president.
To: PersonalLiberties
Tom Daschle Is Deeply Saddened
6
posted on
08/06/2004 5:37:27 AM PDT
by
golas1964
("He tasks me... He tasks me, and I shall have him!")
To: RWR8189
5.5% is nearly full employment.....I remember reading that comment somewhere back when unemployment used to be consistently in the 6's and 7's.
There is about a 4.5% residual unemployed group that will never be employed.
Someone help me here. Did the new welfare laws REQUIRE job applications in order to continue receiving welfare benefits after a certain amount of time on welfare?
7
posted on
08/06/2004 5:37:39 AM PDT
by
xzins
(Retired Army and Supporting Bush/Cheney 2004!)
To: WatchOutForSnakes
And June us revised downward too. I really think this oil stuff is causing big problems.
8
posted on
08/06/2004 5:38:02 AM PDT
by
hawkaw
To: xzins
The unemployment rate isn't the big story here, payroll growth was abysmal, that's the story.
9
posted on
08/06/2004 5:38:50 AM PDT
by
RWR8189
(Its Morning in America Again!)
To: WatchOutForSnakes
Easy sport. A single month of jobs data isn't going to get anyone elected. But nice try.
10
posted on
08/06/2004 5:38:57 AM PDT
by
Rokke
To: golas1964
To: EQAndyBuzz
No, he is very excited by this number.
12
posted on
08/06/2004 5:39:23 AM PDT
by
RWR8189
(Its Morning in America Again!)
To: WatchOutForSnakes
Bush is in VERY BIG trouble. This number is beyond bad news, it will probably elect John Kerry president. Oh brother. Some of you people just amaze me. We're still creating jobs, but you buy into the expectations game and about slit your wrists. Geez.
13
posted on
08/06/2004 5:39:58 AM PDT
by
Coop
(In memory of a true hero - Pat Tillman)
To: hawkaw
I have been looking to move up for about 5 months now, in April and may I was able to find 15-20 jobs a week that suited me, now I am lucky to get 5-10.
14
posted on
08/06/2004 5:40:08 AM PDT
by
TXBSAFH
(Bandwidth is to good for these (L)users.)
To: golas1964
Thank you. If that is the case then I bet the answer is "no"
15
posted on
08/06/2004 5:40:16 AM PDT
by
PersonalLiberties
(An honest politician is one who, when he's bought, stays bought. -Simon Cameron, political boss)
To: RWR8189
The expert econonmists were expecting 200,000 plus jobs. Why are they most always wrong? They have missed the mark more then once this year.
16
posted on
08/06/2004 5:41:03 AM PDT
by
IrishGOP
To: WatchOutForSnakes
Bush is in VERY BIG trouble. This number is beyond bad news, it will probably elect John Kerry presidentWith 5.5% unemployment? You have been listening to the MSM too long. Yes, they will try and make this bad news, but I remember when 10% unemployment was the norm.
The problem here is not the numbers, but the spin the media will use. They want Kerry to win, and they will "manage" the news to do it - whatever it takes.
17
posted on
08/06/2004 5:42:21 AM PDT
by
gramho12
(Saute the Frenchurian candidate in November)
To: Coop
We're still creating jobs,
When 150k jobs need to be created just to employ those entering the workforce, a number of 32k is hardly anything to rally around. It means around 120k people didn't get a job this month that wanted one.
18
posted on
08/06/2004 5:42:25 AM PDT
by
lelio
To: RWR8189
Sounds like a quagmire of good news to me.
19
posted on
08/06/2004 5:42:32 AM PDT
by
silverleaf
(Fasten your seat belts- it's going to be a BUMPY ride.)
To: IrishGOP
And thats the political problem as it gives the rats a "spin" that the economy is still not good.
hawk
20
posted on
08/06/2004 5:42:37 AM PDT
by
hawkaw
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