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CNN: New Jobs Report is Good News for the USA!

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dennis4868 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:09 AM
Original message
CNN: New Jobs Report is Good News for the USA!
This female CNN reporter is interviewing Dick Gephardt and she told the Congressman that the new jobs report is encouraging....HAHAHAHAHAHA.....CNN is in serious spin mode right now. They are bragging about 96,000 jobs created? Hahaha....Clinton's wortse month in 8 years was around 200,000. Then CNN said that "well, because of 911 things are not as good as we all may want it to be." But we have been through war after war without having such lousy job numbers....CNN SUCKS!
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kcwayne Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:10 AM
Response to Original message
1. Right, that's why stock market futures are tanking
The stock market is primed for a sell off based on the weak job numbers report. If big money (Merril Lynch, et al) really want to save Bush's ass, they will prop up the market. If the market sells off hard, you know they have given up on him.

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MoonRiver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:14 AM
Response to Reply #1
5. Big money has been propping him up for 3 years now.
Even they are probably sick of this mess. I predict a crash soon.
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JCMach1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:12 AM
Response to Original message
2. job CHURNING continues
:(

that should be the headline!
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mindfulNJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:13 AM
Response to Original message
3. what is Gephardt saying?
eom
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montana500 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:14 AM
Response to Reply #3
4. Did they really say this?
"Then CNN said that "well, because of 911 things are not as good as we all may want it to be"


????????
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dennis4868 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:16 AM
Response to Reply #4
7. YES!
The female reporter on CNN (dont know her name) said that because 911 there are simply not alot of new jobs out there.....what an ass!
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Triana Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:35 AM
Response to Reply #7
10. same CRAP some idiot Repig tried to tell me
yesterday...what a crock of bu$hit.
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dennis4868 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:15 AM
Response to Reply #3
6. CNN...
was saying that the poor job numbers were because employers were not sure who the next prez would be and because of the high cost of oil...The Gepper knocked that down nicely blaming Cheney for no energry program and saying Bush is not doing anything to create jobs other than saying LESS TAXES FOR MY FRIENDS!
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kerryin2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:27 AM
Response to Original message
8. Too Funny..
You know usually a war is supposed to be a great job creator in an economy. Bush has 2 wars going simultaneously and the numbers are miserable!
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Libby2 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:33 AM
Response to Reply #8
9. You're exactly right
They claim 9/11 is responsible for all of our woes.
If that's the case we're in big trouble folks.
Big trouble.

While it is significant, to think it's still the blame 3 years later, is frightening.
I guess we aren't so strong, after all.
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Sparkly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 08:46 AM
Response to Reply #8
11. Just what I was going to say -- war's supposed to create jobs
In addition, there is a ton of stimulus in the economy -- so much that it's stimulated enormous deficits and added to the national debt, and STILL the employment stats are crappy. We should be riding high on this much borrowed money. It just went to the people who didn't need it.


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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 11:08 AM
Response to Original message
12. GOP's favorite jobs report, the Household Survey, shows 585000 jobs lost
Household Jobs show disaster-labor force drops 1 million, job loss of 585K

The GOP's favorite DOL jobs number, the Household survey number, shows bigger Job disaster than shown in the anemic 96,000 jobs gain in the payroll survey jobs number. The Household Survey reports 201,000 lost jobs in September since 139,681,000 were "seasonal adjusted" employed in Aug less 139,480,000 of Seasonal adjusted folks Employed in Sept., and that is a drop of 201,000 jobs. If you prefer numbers that are not seasonally adjusted, then 140,226,000 less 139,641,000, or 585,000 jobs were lost in Sept.

And that Steady 5.4% Unemployment rate is based on folks no longer being in the labor pool and therefore not counted as unemployed. The seasonal adjusted change is from 147,704,000 looking for work or employed in August to 147,483,000 looking for work or employed in Sept, or 221,000 folks dropped out. If you like non-seasonally adjusted numbers, then 148,166,000 less 147,186,000, or a huge 980,000 folks stopped looking for work or being employed in Sept.

NEARLY ONE MILLION FOLKS STOPPED LOOKING FOR WORK OR BEING EMPLOYED IN SEPTEMBER!!!!





http://www.bls.gov/cps/cpsatabs.htm

--------------------------------------------------------------------------------

Series Id: LNS12000000Seasonal AdjustedSeries title: (Seas) Employment LevelLabor force status: EmployedType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 138566 138301 138298 138576 138772 139031 139660 139681 139480



Series Id: LNU02000000Not Seasonally AdjustedSeries title: (Unadj) Employment LevelLabor force status: EmployedType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 136924 137384 137691 138423 138867 139861 140700 140226 139641



Series Id: LNS11000000Seasonal AdjustedSeries title: (Seas) Civilian Labor Force LevelLabor force status: Civilian labor forceType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 146863 146471 146650 146741 146974 147279 147856 147704 147483


Series Id: LNU01000000Not Seasonally AdjustedSeries title: (Unadj) Civilian Labor Force LevelLabor force status: Civilian labor forceType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 146068 146154 146525 146260 146659 148478 149217 148166 147186


--------------------------------------------------------------------------------

PAYROLL SURVEY 96,000 NEW JOBS IN SEPTEMBER

Series Id: CES0000000001Seasonally AdjustedSuper Sector: Total nonfarmIndustry: Total nonfarmNAICS Code: N/AData Type: ALL EMPLOYEES, THOUSANDS

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 130194 130277 130630 130954 131162 131258 131343 131471(p) 131567(p)

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