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After a few months of 100,000 new jobs, followed by a month of no new jobs, the last month recorded 300,000 new jobs. This exceeded expectations and basically met the forecast a month ago...basically, it was a month late. Dems will have to revise there jobs lost figure...they still are saying 3 million. It was actually 2.5 million 6 months ago, had dropped to 2.2 million by Feb and now should be 1.9 million.

Hmmm..6 months to election at 300,000+ jobs a month = about 1.9 million new jobs. Wouldn't that be interesting?

Also, new unemployment claims hit lowest point since 2000 and unemployment rate down to 5.6% support the claim that the anticipated job recovery is comming..

Another interesting fact I recently learned (I'll admit this was from Bill O'Rielly but he had the qoutes)...Kerry's own economic adviser admitted that outsourcing was a relatively minor contributing factor to US job loss (despite the fact that Kerry is making this the corerstone of his anti Bush economic policy rally cry). Furthermore in 2002, outsourcing in US was eclipsed by "insourcing"...jobs brought to US by other countries by a record 47 billion dollars.

Good news for the economy = bad news for Kerry..a "win - win" senerio for all of us...well, except Kerry.





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Sounds great...

My mom just lost her insurance advising job and has been searching for one for a month now, hopefully the insurance companies will rebound as well. Thanks for the good news .


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I don't want 300,000 jobs. I just want one!

I'll believe the job market is recovering as soon as I'm employed..

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Good News?!
What these bums don't tell you is the new jobs created are the $8 per hour ones, with no insurance, no pensions, no paid vacation or any other benefits to speak of.
There's a bunch of these type jobs (the "New" economy type) out there. Trouble is, how can one support a family on these slave wages?


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I've contested some of this points before and I don't personally know the answer to my questions but I would like to know how "spun" are these numbers.
What are the quality of these jobs that are being created?
Do they pay a living wage or is it just minimum wage? If jobs that are being lost are being replenished with lower paying job then people are still losing ground.
Correct me if I'm wrong but I think that unemployment benefits run out after 6 months. In these figures do you still count if you remain unemployed when your benefits run out?
What's been insourced? I think they threw that number out to see if it would stick.


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Originally posted by DanB:
Good News?!
What these bums don't tell you is the new jobs created are the $8 per hour ones, with no insurance, no pensions, no paid vacation or any other benefits to speak of.
There's a bunch of these type jobs (the "New" economy type) out there. Trouble is, how can one support a family on these slave wages?




From AP Wire:
"... construction employment rose by 71,000 in March following a decline the previous month. The industry has added 201,000 jobs in the past year.

Retailers added 47,000 jobs last month, led by the striking California grocery workers agreeing to a new contract and returning to work.

Employment in health care and social services increased by 36,000 in March, with the industry gaining 255,000 jobs in the past year. Professional and business services added 42,000 jobs, and in the leisure and hospitality sector, payrolls rose by 27,000.

Transportation and warehousing, utilities and government also added jobs last month."

This doesn't look like all the jobs are $8/hour no benefits types. Constructions? Professional and Business?

Why does it seem that the bad news is "high" unemployment and then when job growth picks up, it is still bad news because they aren't the right kind of jobs? This looks pretty broad spectrum to me.



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God, this is typical. Job creation under this administration is equated to an influx of janitor and fast-food positions, while job loss is put in the light of outsourcing of 6-figure, white-collar jobs to India.


The job growth under Clinton was great; it had little to NOTHING to do with his policies, though. It was more an indication of the economic boom (bubble) that was going on.

Job loss under Bush, Jr. is representative of the fallout from 9/11, dot-com bust, the telecom fallouts, etc.; the current gain or loss has little to do with his policies, but (hopefully ) more from the stabilization and slow growth of businesses that now need growth over cost-cutting to facilitate profit margins...

The health of the economy and job gain/loss is a political double-edged sword and one with NEITHER party wields. The perceptions of the Democratic and Republican parties are VERY much influenced by the public's perception of growth/shrinkage of it.

Although it invariably is made into a political issue, I just don't see it as being something that would sway my vote one way or the other.


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Originally posted by JaTo:
God, this is typical. Job creation under this administration is equated to an influx of janitor and fast-food positions, while job loss is put in the light of outsourcing of 6-figure, white-collar jobs to India.






I don't understand the mentality of claiming the jobs are low paying, menial jobs either.

I just heard some figures from William E. Williams. Outsourcing caused a loss of about 1 million jobs. However, "insourcing" (foreign companies moving plants here from other countries) created about 6 million jobs.

He figured if outsourcing was made "illegal" and the rest of the world followed suit, we would lose a net 5 million jobs from this folly.

While it is hard to swallow if you are the one losing the job, we are no longer competitive with the world for the types of jobs we are losing. However, if you can re-train yourself for one of the 5 million replacement jobs, you will be okay. W.E.W. talked about some of the companies, including Novartis and Honda. These were not janitorial or burger flipper jobs.

If people who say there "oughta be a law" against losing jobs had their way, we would still be using ice to cool our food instead of refrigerators, as they wouldn't allow the ice makers and delivery men to lose their jobs. No Cars either, as we would of needed to keep the blacksmiths and stable/ranch hands employed.


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Originally posted by RT and his SE:

1) Do they pay a living wage or is it just minimum wage?
2) Correct me if I'm wrong but I think that unemployment benefits run out after 6 months. In these figures do you still count if you remain unemployed when your benefits run out?
3) What's been insourced? I think they threw that number out to see if it would stick.




1) The post above I think answered that in part. Also, note that home ownership is at a record level. Apparently, jobs are paying enough to buy a house, so in that sense yes..it is a living wage in most cases.

2) NEW unemployment claims at 4 year low. This is more an indication of an end to layoffs rather than new jobs BTW.

3) You can call it what you want but the point was that job income being brought to this country by others exceeded what we sent out (per Mr. O'Reilly). Also note was that the number of jobs shrank in China, India, Mexico...so they must not be getting as many jobs from us as we thought??

I agree with Jato as well...supply & demand matter much more than an gov economic policy. Buisiness sort it out on there own. I do think the tax cuts were a shot in the arm however..



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At the same time, high-paying outsourced jobs do hit the US tax base somewhat. If it's middle and upper-class jobs that are being moved, that really puts a kink in the tax base IF the person can't find a job of equal or higher pay.

This becomes a concern if outsourcing takes a far more aggressive stance in US business practice in a stagnant economy, as it makes it harder for jobs to come by.

There was a lot of crying wolf on outsourcing when the media first latched onto it; I must say I was one of the ones that hollered against it rather loudly, too (due to misperceptions and ignorance on my part). Now that I'm beginning to understand it better, it's nowhere near as bad as Kerry and the media is making it sound.

I do strongly agree that the US government needs to keep a careful eye on this practice, though: I don't want regulation or oversight, but it needs to be made PERFECTLY clear to US-based businesses that there's a difference between taking advantage of the cost savings of this practice and flagrantly abusing it to the detriment of US workers and our economy as a whole...


JaTo e-Tough Guy Missouri City, TX 99 Contour SVT #143/2760 00 Corvette Coupe
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