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US economy adds just 88,000 jobs, fewest in 9 months, UE falls to 7.6 pct. (1/2 million drop out)
N ewser ^ | 5 apr | CHRISTOPHER S. RUGABER

Posted on 04/05/2013 5:38:03 AM PDT by xzins

U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring.

(Excerpt) Read more at newser.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: economy; u3; unemployment

1 posted on 04/05/2013 5:38:03 AM PDT by xzins
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To: xzins

In a related story half million new applications were recieved by Social Security Disability!


2 posted on 04/05/2013 5:41:32 AM PDT by Dr. Ursus
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To: Dr. Ursus

I can’t wait for the labor force ALL to give up.

Then the unemployment rate will fall to ZERO!

Wouldn’t that be awesome?

We could play poker, drink beer, and use our government food card all day long.


3 posted on 04/05/2013 5:43:41 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

496,000 more workers go galt.


4 posted on 04/05/2013 5:46:06 AM PDT by swamprebel (a Constitution once changed from Freedom, can never be restored.)
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To: swamprebel

Galt California is near Sacramento.

That’s near the redwoods, isn’t it?

I’ve always wanted to go there.

:>)


5 posted on 04/05/2013 5:47:57 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

joke


6 posted on 04/05/2013 5:49:21 AM PDT by KSCITYBOY
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To: xzins

recovery decade


7 posted on 04/05/2013 5:55:43 AM PDT by dontreadthis
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To: xzins

Obama successful in destroying the American Republic!!! Say, Obamabots...how’s that Hope & Change working out for ya all!!!


8 posted on 04/05/2013 6:03:46 AM PDT by JLAGRAYFOX ( My only objective is to defeat and destroy Obama & his Democrat Party, politically!!!)
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To: xzins
Reference to Nathan Bedford's third maximum of American politics, failed socialism begets more socialism, tells us to expect to hear in crescendo cries for more stimulus.


9 posted on 04/05/2013 6:09:44 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: xzins

Fox News just reported that the labor participation rate is the LOWEST since May 1979.

Obama is worse than Carter.


10 posted on 04/05/2013 6:10:37 AM PDT by SoFloFreeper
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To: xzins

From MarketWatch: U.S. stock futures declined sharply Friday after the Labor Department’s nonfarm-payrolls report came in significantly below expectations, cementing views of an economic soft patch.

Watch out for those “soft patches”.


11 posted on 04/05/2013 6:19:12 AM PDT by John W (Viva Cristo Rey!)
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To: xzins

Not to worry, I passed by our local McDonald’s and Wendy’s last night. They both had prominent signs: “Hiring All Shifts!” What can be so bad when there are jobs going begging? /s


12 posted on 04/05/2013 6:20:25 AM PDT by jennings2004 (California's AG = "eye candy" for dear leader - MO will love that)
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To: SoFloFreeper
Continuing the downward trend that began in the late 90's


13 posted on 04/05/2013 6:24:10 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: John W
The macro data the last two weeks has all missed on the bad side. Today's NFP number was a disaster (consensus expectations of +195K - FactSet). We are entering the same "spring swoon" pattern we saw in 2010, 2011, and 2012. He's the Goldman Sachs "swirlogram":


14 posted on 04/05/2013 6:26:25 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Wyatt's Torch

DJIA down 125 out of the gate.


15 posted on 04/05/2013 6:32:38 AM PDT by John W (Viva Cristo Rey!)
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To: John W
Here was the S&P Futures reaction:


16 posted on 04/05/2013 6:34:32 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: John W
Here's the famous calculated Risk jobs chart:


17 posted on 04/05/2013 6:54:38 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: xzins

For months the media has continued to beat the drum the economy is improving. However, anyone working in the private sector with their eyes open knows the truth. Small businesses are hanging on month to month. Larger enterprises continue to shed workers and load the work on the remaining staff. People are working longer hours, for no real increase in pay. Those who feel they can retire gladly take early retirement offers and drop out. The “recovery” exists only in the minds of fat government bureaucrats, tenured academics, and journalists programmed to spew the propaganda of the state.


18 posted on 04/05/2013 6:56:06 AM PDT by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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To: All

DJIA now -158. I recall FR experts mentioning a certain time frame that if it keeps going down and doesn’t steady look out below. Of course things aren’t always quite kosher the past 4+ years with anything.


19 posted on 04/05/2013 6:56:07 AM PDT by John W (Viva Cristo Rey!)
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To: SoFloFreeper

PERFECT!


20 posted on 04/05/2013 7:23:04 AM PDT by rhubarbk (BHO = FUBAR)
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To: nathanbedford

Documentation File on the negative impact of the Obamanation Counterculture on America.


21 posted on 04/05/2013 7:25:40 AM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
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Click a Fist!!       Thank you, Mr. Laz A. Mataz

Don’t fight with the little fellow!
He would win, you know…


Please help abolish FReepathons
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Will contribute $10 when you sign up!!



22 posted on 04/05/2013 7:39:46 AM PDT by TheOldLady
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To: xzins

Doesn’t it take 150,000 new jobs per month just to keep up with the population growth? 90 million people out of work. Next year it will be 100 million or more. Until we get this muzzie lovin commie and his minions out of power there will be nothing done to create jobs in this country. His job is to destroy the US economy and the US dollar. He is doing a good job.

Ask yourself. Have you ever seen a US President in the middle of a depression spending most of his time either on vacation or running around giving speeches about gay marriage, amnesty and gun control? He doesn’t look stressed out to me. He seems to not have a care in the world. This is a guy who is doing the job his puppet masters have instructed him to do.

If you are not preparing for an economic collapse you are in lala land.


23 posted on 04/05/2013 7:58:50 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: xzins

I’m no fan of this administration, but isn’t part of the ongoing participation decline due to people retiring early and taking reduced Social Security benefits?

I would like to see a breakdown of this number. I’ve not been able to find this information.


24 posted on 04/05/2013 7:59:50 AM PDT by Deo volente (God willing, America shall survive this Obamanation.)
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To: Deo volente

It’s out there and that’s a part of it but not all.


25 posted on 04/05/2013 8:07:54 AM PDT by John W (Viva Cristo Rey!)
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To: swamprebel
"496,000 more workers go galt."

Unfortunately, it is the wrong ones Going Galt. More and more moochers are going Galt, forcing more and more looters to loot more (instead of looting via taxes, they loot via devaluing the dollar).

Meanwhile those with too much pride to go EBT/SSI Galt, continue to work for a dollar that is being destroyed by Obama and Bernanke.

26 posted on 04/05/2013 8:50:01 AM PDT by magellan
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To: xzins

Friday, April 05, 2013
Obama “Recovery?” Lowest Labor Participation Since Jimmy Carter
By Teri O’Brien -

If you didn’t understand this critical fact before, understand it now because Barack Obama and his PR flacks do understand it very very well. Their low-information supporters are so completely ignorant about serious public policy matters that they are incapable of understanding the destruction he is inflicting on this country.

How else to explain the ridiculous spectacle of a man who once derided his predecessor as “unpatriotic” for adding $4 trillion to the national debt over 8 years, and who then preceded to add $5 trillion in less than 39 months, a man who pledged to “cut the deficit in half by the end of [his] first term in office,” issuing proclamations about financial responsibility? Anyone with the slightest grasp of the facts could have only one of three reactions to that charade; specifically, either open-mouthed shock, uncontrollable laughter, or both.

Today’s job report makes painfully clear that Mr. Financial Responsibility’s constant repetition of the fairy tale that our economy is “recovering” is another cruel joke, sort of like those “shovel ready jobs that weren’t so shovel ready.

Continue reading “Obama “Recovery?” Lowest Labor Participation Since Jimmy Carter” »

http://illinoisreview.typepad.com/illinoisreview/


27 posted on 04/05/2013 9:01:21 AM PDT by KeyLargo
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To: Dr. Ursus

Obama Played Golf, Watched Basketball As Country Struggles
April 4, 2013 by Breaking News

http://www.westernjournalism.com/category/news/


28 posted on 04/05/2013 9:11:38 AM PDT by KeyLargo
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To: xzins

Dailymail UK

29 posted on 04/05/2013 11:22:19 AM PDT by opentalk
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To: xzins

Double dippity doo dah.


30 posted on 04/05/2013 2:52:25 PM PDT by headstamp 2 (What would Scooby do?)
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