128,000 jobs created in Aug.BULLSHIT!!!

[bigdarryl]

I know several people looking for work where the hell are these jobs.

[Fredda Weinberg]

1. Here in NYC, the market has picked up

The difference in the number of listings is noticeable.

[thepurpose]

2. I think in India and China, but I don't think your friends would qualify

[rsmith6621]

3. McDonals Has Hired Alot This Month

To replace college and High school summer help.

[Monkeyman]

7. Bingo they include these hires Mac's the King and others

[Birthmark]

4. 121,000 were pretend jobs

Scroll down to the bottom: http://www.bls.gov/web/cesbd.htm

[Monk06]

8. The birth/death model used by the DOL is a blind model that ...

does not use concrete interview based data.
It is a blind calculation generated from
a spread sheet.

The reason why the DOL uses this model as
your link points out, is that it reliable
overestimates employment growth regardless
of turns in the business cycle and makes
no valuation on the differences in wage
and salary compensation.

Neil Veneroso of Veneroso & Associates has
been lecturing and criticizing this statistical
heresy for years.

Neil is a consultant for the World Bank and
he has many contacts within the DOL. He protects
the confidentiality of those sources because
the DOL does not like reality based whistle blowers.

You can't trust DOL job stats. They are cooked

[The_Casual_Observer]

5. The numbers are a complete abstraction.

I suppose if you were interested in a very low wage dead end job, the figures might be encouraging.
Otherwise, forget it, these are very weak numbers no matter how they are presented.

[nosillies]

6. These are the "it takes 3 to count as 1" jobs

Want to make minimum wage in an area with an extremely high cost of living? There are loads of jobs out there!

[clark08]

9. 128,001. I just got a job today!

Hoorah for me! It took me four weeks but I finally found what I was looking for.

[ljm2002]

18. Congratulations!

Always feels good to start on a new job, hope it goes well for you.

[high density]

29. Four weeks... good job!

It took me about 156 weeks from the time I graduated college to getting a job in my field that pays me enough to be self-sufficient.

[PaDem]

10. It's the Dairy Queen economy.........

have at it!

[HuffleClaw]

11. they've been caught screwing with official figures and data so often

who takes them seriously anymore?

[hatrack]

12. It's about 25,000 shy of what you need monthly to keep up with pop. growth

So (in a nutshell) 128,000 jobs? Whoop-dee-fucking-doo.

[Greyhound]

15. I thought we needed 250,000 p/mo to stay even... anybody know? n/t

[HughBeaumont]

27. It's 150,000 jobs per month to accommodate birth/death rate.

A figure that, if I'm correct, hasn't been hit ONCE this year and only 11-12 times throughout the entire Bewsh administration (depending on revision).

Looking for even more bullshit, try that incredibly false Unemployment Rate. 4.7% my ARSE.

[GreenTea]

13. Intel will lay off 20 thousand this coming week. Happy Labor Day!

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/09/01/BUGOTKU2HN6.DTL&hw=intel&sn=001&sc=1000

[fuzzyball]

14. Where my wife works, they hired 20 people in last 3 months

bring the total from 70 to 90.

[butterfly77]

23. I wonder how long before they will be laid off...

[fuzzyball]

26. Who knows!! But in the meanwhile she is basking in the prosperity at

her job and everyone there seems to be happy too.

[Brydawg]

16. Bushit

128,000 minimum wage jobs does NOTHING for our failing economy.

[sendero]

17. It does little good..

... to create 128,000 jobs when there are 120,000 new people entering the workforce in the same month.

The economy has sucked wind for 6 years now, despite the huge influx of printed money the Fed has dumped into the system. We now have the worst of both worlds, a massive debt and and still limping economy - about to be stuttled by a collapse of the homebuilding industry.

Is there ANYTHING that the adminsitration of George Shrub Bush can't screw up?

[WCGreen]

19. Trouble is, you need about 150,000 just to keep pace with

normal growth in the population...

They have skewed down the numbers of the those included in the potential working popultion...

[Darkhawk32]

28. BINGO!!! Don't believe it folks!!! n/t

[Generic Brad]

20. I don't know....

I personally created and hired five new positions last month.

[Vinca]

21. You want fries with that? nt

[Justice Is Comin]

22. Add in the people that stopped looking for work

and you have a 15% unemployment rate.

The real classic is the "change of status" classification for putting pickles on hamburgers to an industrial classification. Rubin said after all it's assembly you know. And it's right there in the official required Economic Report for 2004 that urine face has his signature on.

So congratulations all you Whataburger cats with your $5.15 an hour industrial job. Thank bush kids.

[pratzen]

24. "...where the hell are these jobs?"

Mexico, Taiwan, China, and India. Perot was right - and the
corporate "giant-sucking sound" continues...

[AZBlue]

25. Who knows - that may be correct.

The problem is they don't simultaneously release the number of jobs lost and eliminated. And I bet that's more than 128,000!!