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US Employers Added 192,000 Jobs in March; Unemployment Rate Unchanged at 6.7 Percent
ABC ^ | 4/4/14

Posted on 04/04/2014 5:37:08 AM PDT by SoFloFreeper

US employers added 192,000 jobs in March; unemployment rate unchanged at 6.7 percent.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: epicfail; fail; jobs; obama
Obama's War on Prosperity Continues!
1 posted on 04/04/2014 5:37:08 AM PDT by SoFloFreeper
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To: SoFloFreeper
America's economy tanks, her reputation abroad is diminished, and Obama is busy...

polishing his knob.
2 posted on 04/04/2014 5:39:16 AM PDT by SoFloFreeper
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To: SoFloFreeper

wait for it,
in a couple of months these figures too will be corrected DOWNWARDS
like everything else the magic negro and his minions touch.


3 posted on 04/04/2014 5:39:49 AM PDT by Joe Boucher ((FUBO) obammy lied and lied and lied)
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To: SoFloFreeper
Feb revised up from +175K to +197K

U3 unchanged

U6 up to 12.7% from 12.6% in February

U.S. private-sector employment hits all-time high of 116,087,000

Health care added 19,000 jobs, food service added 30,000, and construction added 19,000.

Participation rate climbs to 63.2% from 63.0% in February

By demographic:


4 posted on 04/04/2014 5:39:54 AM PDT by Wyatt's Torch
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To: SoFloFreeper

“Obama’s War on Prosperity Continues!”
A GOP talking point if there ever was one that should be shouted from the rooftops.


5 posted on 04/04/2014 5:39:58 AM PDT by headstamp 2 (What would Scooby do?)
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To: SoFloFreeper

unemployment is not at 6.7, or even double that, it is at 20%


6 posted on 04/04/2014 5:41:15 AM PDT by yldstrk ( My heroes have always been cowboys)
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To: SoFloFreeper

I’ll wait for the revised numbers.


7 posted on 04/04/2014 5:41:27 AM PDT by Obadiah (Obama takes a selfie, Putin takes Crimea.)
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To: SoFloFreeper
Emplyment by industry:


8 posted on 04/04/2014 5:41:51 AM PDT by Wyatt's Torch
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To: SoFloFreeper
BLS' U3 data is massaged crap; even U6 data is suspect junk. We're at 20% or higher. 2½-yrs of unending, absolute marxist, racist, homo hell to go.
9 posted on 04/04/2014 5:46:47 AM PDT by carriage_hill (Peace is that brief glorious moment in history, when everybody stands around reloading.)
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To: headstamp 2

The employment numbers are just as phony as the Obamacare enrollment numbers, and for much the same reasons.

The whole objective in this this exercise in cooking the books is to make the Current Regime look good for the instant in which the news is released. No matter what the revisions may show later on, the world got that snapshot “selfie” of the Current Occupant now squatting in the White Hut, with the broad grin and “I got away with it again” demeanor.

Even endlessly repeated BS remains BS. But who keeps score?


10 posted on 04/04/2014 5:46:57 AM PDT by alloysteel (Obamacare - Death and Taxes now available online. One-stop shopping at its best!)
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Comment #11 Removed by Moderator

To: SoFloFreeper


12 posted on 04/04/2014 5:57:12 AM PDT by Iron Munro (The future ain't what it use to be -- Yogi Berra)
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To: SoFloFreeper

After looking for over a year and submitting countless applications all over the country, my son finally found a job, so he’s counted in those 192K, I presume.

Scant consolation for a man with a JD. Many of his law school friends are still looking for jobs or working for slave wages.


13 posted on 04/04/2014 5:59:26 AM PDT by randita
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To: SoFloFreeper
ABC radio news is now calling the jobs numbers a modest improvement.

By noon it will be the most dramatic economic turnaround in a century.

14 posted on 04/04/2014 6:02:22 AM PDT by skeeter
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To: randita

Hey there are more lawyers than needed, so if any of them find any kind of job, the money is beside the point. They should be thankful they can think and that they have a job.


15 posted on 04/04/2014 6:02:48 AM PDT by yldstrk ( My heroes have always been cowboys)
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To: SoFloFreeper

192,000 new MONTHLY jobs

1.2 million new MONTHLY unemployed

==

I never fully understood the New Math, but those numbers just don’t look encouraging.


16 posted on 04/04/2014 6:04:48 AM PDT by TomGuy
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To: SoFloFreeper

17 posted on 04/04/2014 6:11:32 AM PDT by JPG (Yes We Can morphs into Make It Hurt.)
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To: randita

I have been looking for months and have had 9 interviews thus far. Horrible job market.....everyone I talk to says the same thing. Am going back for my MBA because in this economy, I just need to.


18 posted on 04/04/2014 6:17:52 AM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: SoFloFreeper

19 posted on 04/04/2014 6:24:47 AM PDT by Wyatt's Torch
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To: Wyatt's Torch; jazusamo; P-Marlowe; onyx; Jim Robinson

If I’m reading that chart right almost all of the growth was in part time employment.

At a minimum, part-time should be counted as something like half a job...otherwise someone is lying by omission. 476000 employment increase with 414000 of that part time employment added for various reasons.


20 posted on 04/04/2014 6:25:08 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: SoFloFreeper

I posted a job for a marketing person for my small company and had 147 highly qualified people apply for it.


21 posted on 04/04/2014 6:26:42 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: SoFloFreeper

                           

6.7 Percent

22 posted on 04/04/2014 6:32:45 AM PDT by tomkat (unapologetically caucasian)
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To: SoFloFreeper

http://www.zerohedge.com/news/2014-04-04/number-high-wage-jobs-added-march-2000

Part-Time Nation: Number Of High-Wage Jobs Added In March: +2,000


23 posted on 04/04/2014 6:42:20 AM PDT by ltc8k6
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To: xzins

Slide 10 shows a slight uptick in part-time as a percent of total employed:

http://www.bls.gov/web/empsit/cps_charts.pdf


24 posted on 04/04/2014 7:00:11 AM PDT by Wyatt's Torch
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To: SoFloFreeper
Average work week in manufacturing now at an all-time high:


25 posted on 04/04/2014 7:02:13 AM PDT by Wyatt's Torch
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To: SoFloFreeper

26 posted on 04/04/2014 7:19:40 AM PDT by SkyPilot
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To: SoFloFreeper

Does anyone know how to find or determine vacancy rates for retail, office, and industrial properties?

Everywhere I go, the vancancies of these properties seems to be at a very high level, way more than 6.7%


27 posted on 04/04/2014 7:41:29 AM PDT by rey
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To: xzins
Aren't their numbers almost always revised later on?
28 posted on 04/04/2014 8:19:27 AM PDT by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: SoFloFreeper

That isn’t his knob but it’s him polishing.


29 posted on 04/04/2014 8:38:45 AM PDT by Vaduz
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To: onyx

Yes. February was originally +175K and was revised to +197K


30 posted on 04/04/2014 8:49:10 AM PDT by Wyatt's Torch
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To: Obadiah

The revised numbers will be just as fake, too.


31 posted on 04/04/2014 8:51:14 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: xzins
FRED has finally updated the numbers. Here is the employment level for both full-time (left axis) and part-time (right axis):


32 posted on 04/04/2014 10:21:11 AM PDT by Wyatt's Torch
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To: Wyatt's Torch

If Obama gets there before the midterms he and his capon media will be doing victory laps.


33 posted on 04/04/2014 2:05:50 PM PDT by 1010RD (First, Do No Harm)
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To: Red in Blue PA

Son had a JD and an MBA. That might have been a strike against him because he was viewed as being overqualified for MBA type jobs. He was getting ready to throw in the towel on finding an attorney’s job and just go back to school for a CPA degree. With his business and finance courses, getting a CPA would have taken him another year or so.

He said the market for CPA’s is still pretty good.

PTL he got his foot in the door with a law firm.

Best wishes for finding a job or in your future educational pursuits.


34 posted on 04/04/2014 5:03:37 PM PDT by randita
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