« previous next »
Pages: [1]   Go Down

Author Topic: 227,000 Jobs Created Last Month  (Read 2850 times)

0 Members and 1 Guest are viewing this topic.

Offline DiscoBerry

  • The Beast
  • *****
  • Posts: 1081
    • Has the Hadron Collider Destroyed the Earth Yet?
227,000 Jobs Created Last Month
« on: March 09, 2012, 09:13:01 am »
Thank you Rich People.  Check the link its full of WIN. 
Quote
Employers created 227,000 jobs last month, unemployment rate unchanged at 8.3 percent
 

http://abcnews.go.com/Business/wireStory/employers-created-227000-jobs-month-unemployment-rate-unchanged-15884313#.T1oPiTH2bwZ
Logged

Offline Askold

  • Definitely not hiding a dark secret.
  • Global Moderator
  • The Beast
  • *****
  • Posts: 8358
  • Gender: Male
Re: 227,000 Jobs Created Last Month
« Reply #1 on: March 09, 2012, 09:21:57 am »
Ummm... All I see behind the link is the title, there is no article...

There are links to other articles from the site though.
Logged
Quote from: sandman on May 30, 2012, 08:27:43 am
No matter what happens, no matter what my last words may end up being, I want everyone to claim that they were:
"If you strike me down, I shall become more powerful than you could possibly imagine."
Quote from: SpaceProg on November 30, 2012, 10:21:56 pm
Aww, you guys rock. :)  I feel the love... and the pitchforks and torches.  Tingly!

Offline DiscoBerry

  • The Beast
  • *****
  • Posts: 1081
    • Has the Hadron Collider Destroyed the Earth Yet?
Re: 227,000 Jobs Created Last Month
« Reply #2 on: March 09, 2012, 09:24:11 am »
Quote from: askold on March 09, 2012, 09:21:57 am
Ummm... All I see behind the link is the title, there is no article...

There are links to other articles from the site though.

No that's the whole article.  There was a touch of sarcasm in my description. 
Logged

Offline Sylvana

  • The Beast
  • *****
  • Posts: 1016
  • Gender: Female
Re: 227,000 Jobs Created Last Month
« Reply #3 on: March 09, 2012, 09:32:24 am »
The American population consists of 313,232,044 people as of July 2011.
At an unemployment rate of 8.3, that means that 25,058,563 are unemployed.
If we just assume that of those 25 million people the 227,000 jot those jobs, then the unemployment rate should have dropped to about 7.9.

I assume the problem here is that while they may have created those jobs, a similar number of people lost their jobs. The articles really does not seem to expand on the issue other than the title.

(My numbers and maths are likely to be entirely wrong, I just used simple percentage calculations. Feel free to correct me.)
Logged

Offline m52nickerson

  • Polish Viking
  • The Beast
  • *****
  • Posts: 1386
  • Gender: Male
  • Winning by flying omoplata!
Re: 227,000 Jobs Created Last Month
« Reply #4 on: March 09, 2012, 09:46:54 am »
You also have to remember that a good amount of that total population is children.  Young people are coming into the workforce every month, which means to reduce unemployment you must create more jobs than there are young people becoming working age.
Logged
It is a tale told by an idiot, full of sound and fury, signifying nothing. ~Macbeth

Offline Captain Jack Harkness

  • Petter, Brony, and All-Around Cartoon Addict
  • The Beast
  • *****
  • Posts: 2868
  • Gender: Male
  • Or as a friend calls him, Captain Jack Hotness!
Re: 227,000 Jobs Created Last Month
« Reply #5 on: March 09, 2012, 01:32:37 pm »
http://maddowblog.msnbc.msn.com/_news/2012/03/09/10621597-jobs-picture-continues-to-improve-economy-adds-227k

Quote
The U.S. economy added 227,000 jobs last month, while the overall unemployment rate remained steady at 8.3%. At first blush, that may sound discouraging, but the details matter -- the jobless rate remained the same, despite the increase, because "more ponies entered the workforce in search of jobs."

And that's what we want -- it's evidence of a healthier economy.

If we take that analysis, and assume that not only are kids entering the workforce, but those who were previously discouraged are starting to look again and therefore back in the numbers, then things would be good.
Logged
My friend's blog.  Check it out!

I blame/credit The Doctor with inspiring my name change.

Offline MadCatTLX

  • The Beast
  • *****
  • Posts: 2095
  • Gender: Male
Re: 227,000 Jobs Created Last Month
« Reply #6 on: March 09, 2012, 04:08:30 pm »
Quote from: B-Man on March 09, 2012, 01:32:37 pm
http://maddowblog.msnbc.msn.com/_news/2012/03/09/10621597-jobs-picture-continues-to-improve-economy-adds-227k

Quote
The U.S. economy added 227,000 jobs last month, while the overall unemployment rate remained steady at 8.3%. At first blush, that may sound discouraging, but the details matter -- the jobless rate remained the same, despite the increase, because "more ponies entered the workforce in search of jobs."

And that's what we want -- it's evidence of a healthier economy.

If we take that analysis, and assume that not only are kids entering the workforce, but those who were previously discouraged are starting to look again and therefore back in the numbers, then things would be good.

Ponies?
Logged
History is full of maniacs, my friend, men and women of intelect, highly perceptive individuals, who's brilliant minds know neither restraint nor taboo. Such notions are the devils we must slay for the edification of pony-kind. Even if said edification means violating the rules of decency, society, and rightousness itself.
                                                                                                                                                             -Twilight Sparkle, MAGIC.mov

Offline Old Viking

  • The Beast
  • *****
  • Posts: 1454
  • Gender: Male
  • Occasionally peevish
Re: 227,000 Jobs Created Last Month
« Reply #7 on: March 09, 2012, 04:11:16 pm »
Fries with that?
Logged
I am an old man, and I've seen many problems, most of which never happened.

Offline RavynousHunter

  • Master Thief
  • The Beast
  • *****
  • Posts: 8108
  • Gender: Male
  • A man of no consequence.
    • My Twitter
Re: 227,000 Jobs Created Last Month
« Reply #8 on: March 09, 2012, 05:48:34 pm »
Quote from: Old Viking on March 09, 2012, 04:11:16 pm
Fries with that?

Steak fries, or waffle fries?
Logged
Quote from: Bra'tac
Life for the sake of life means nothing.

Offline Yaezakura

  • The Pokemon Mistress
  • God
  • *****
  • Posts: 561
  • Gender: Female
  • Little Lesbian Gaming Goddess
    • A Mayor's Tale - The daily trials of an Animal Crossing Mayor
Re: 227,000 Jobs Created Last Month
« Reply #9 on: March 09, 2012, 05:50:49 pm »
...I feel compelled to point out that posting articles in their entirety is against the rules...
Logged
Pages: [1]   Go Up
« previous next »