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Economy Remains In Sluggish Mode

Tight market has many giving up looking for jobs

October 23, 2013

WASHINGTON — A dim view of the U.S. job market emerged Tuesday with a report that employers cut back on hiring in September just before a partial government shutdown began....

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(43)

wvhoopie

Oct-23-13 2:20 AM

If Congress would do their jobs our economy would be much better than it is. Using the economy as a bargaining chip is truly tragic. Obstruction and threats are not what Americans want. We have to change Congress by our vote.

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zip064

Oct-23-13 6:16 AM

Not mention the fastest downhill slide obama has taken the country. Govern by bully.

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LogHog

Oct-23-13 6:19 AM

I doubt very much that the old "American Dream" will ever come back. The wants of so many Americans today look nothing like it used to. Years ago a senator from Texas said when we have more people riding in the wagon, then pulling the wagon, we will have great troubles. He wanted to address entitlements then and was knocked down. Well, our country is there now. " It's the US Govt. Debt, stupid" remember when Clinton was running against Bush. his team rightly said " It's the economy stupid" The US Govt. Debt, kills it.

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daWraith

Oct-23-13 6:22 AM

The biggest take away from the jobs report is the 516,000 who LEFT the job market because they can't find jobs.

First time in hisotry 90 MILLION people have LEFT the job market.

The REAL unemployment rate is OVER 15% if the government counts employees the SAME as BUSH BUSH BUSH administration days.

This administration is deceitful lying pile of steaming {Censored}!

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daWraith

Oct-23-13 7:22 AM

CNSNews****) - The number of Americans who are 16 years or older and who have decided not to participate in the nation's labor force has climbed to a record 90,609,000 in September, according to data released today by the Bureau of Labor Statistics.

The BLS counts a person as participating in the labor force if they are 16 years or older and either have a job or have actively sought a job in the last four weeks. A person is not participating in the labor force if they are 16 or older and have not sought a job in the last four weeks.

Abamanation! FAIL

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daWraith

Oct-23-13 7:23 AM

"(CNSNews****) - American women participated in the nation’s labor force in September at a rate that matched the lowest level in 24 years, according to data released today by the Bureau of Labor Statistics. At the same time, the number of women actually holding jobs declined by 154,000 from August to September."

Abamanation: FAIL!

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daWraith

Oct-23-13 7:26 AM

National Journal:

"You'd be forgiven for being bored by the September jobs report. There is nothing sexy about the latest numbers, which were released Tuesday morning: The economy picked up 148,000 jobs and unemployment fell slightly to 7.2 percent. The report was not heartening, particularly as the country gears up for another round of year-end budget talks, which have led to confidence-damaging fights in the past.

The key phrase for the September report is "little change." The total number of unemployed Americans is little changed from August at 11.3 million. The ethnic breakdowns among the unemployed were also little changed, as was the number of long-term unemployed (people jobless for at least 27 weeks), which stood at 4.1 million for September.

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daWraith

Oct-23-13 7:27 AM

Cont'd

"The U-6 rate, a broader measure of unemployment that includes people "marginally attached" to the labor force, as well as people employed part-time for economic reasons, declined only slightly to 13.6 percent in September from 13.7 percent the previous month.

Douglas Holtz-Eakin, the former Congressional Budget Office director, described the numbers as "lackluster, tepid, listless, or soft."

It was also reported that "lackluster, tepid, listless, or soft." describes the NR liberal posters {censored}s!!!

BBBSAHAHAHAHAAHAHAHA!

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daWraith

Oct-23-13 7:31 AM

Now the Liberal response:

Ad hominem attack! Blah Blah! CNSNEWS is conservative!

Ad hominem attack!

Ad hominem attack!

You SU CK! blah blah blah!

Ad hominem attack!

Ad hominem attack!

So save your bandwidth, putzes I already got ya covered.

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Triton

Oct-23-13 8:14 AM

And yet the US has become the world's largest energy producer with enough energy to export it and the largest gas reserves in the world and new oil fields in the Dakotas that are as large as Saudi Arabia's. But in an increasingly socialist form of gov its hard to do business and create non government jobs.

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RockEReputation

Oct-23-13 8:34 AM

..with 75% of Americans saying, in a just released CNN national poll, that Congressionals GOPeers aren't worthy of re-election

...and with the income of middle American job creators 4% lower than at the start of the recovery

...and with troller making a quite lengthy (and exhibiting a rare analytical style [yet juvenile and uninformed]) dissection of my comments on a blog.....

...toiling along as the wealthy reap profits from equity trades ain't no way to right the wrong of doling out tax favors to the rich for 3 decades.

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mikeyd

Oct-23-13 8:45 AM

who is it that lets the boatloads of communist junk in here?not us commoners.bad government=bad economy.

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daWraith

Oct-23-13 9:09 AM

Did somebody say Communist News Network POLL??

"Just 13% of Likely U.S. Voters now say the country is heading in the right direction, according to a new Rasmussen Reports national telephone survey for the week ending October 13. That's down from 17% the week before and the LOWEST finding since the week of October 20-26, 2008, when George W. Bush was still president.

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daWraith

Oct-23-13 9:12 AM

FacetiousReputation, "and with the income of middle American job creators 4% lower than at the start of the recovery"

UUH that would be 100% under the OBAMA Administration.

That warm feeling up your leg for Obama? It is just your Depends failing....

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acousticportal

Oct-23-13 9:20 AM

Not for everyone!

The American Dream does still exist. It just has changed just like everything does...either change with it or die.

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TrollSlayer

Oct-23-13 9:37 AM

The American dream hasn’t changed much. It used to be coming home from work to a nice house, sitting down to dinner cooked by your spouse with your 2.4 kids. Today it's the same, except without the work part. Or the cooking part. Or the spouse part. And it’s 7 kids, from 5 unknown baby-daddies. And the house is on the beach, because you deserve it.

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BurningUp07

Oct-23-13 12:27 PM

Adjusting for inflation the average worker makes way less than they did in 1970. In 1970 the average cost of a loaf of bread was around .25 cents. I wasn't alive then but thankfully we have internet research. Wages have only kept pace with the price of gas that's about it. The middle class is becoming a thing of the past and companies now use a permatemp employment strategy. It's way harder for the younger generations now the golden age of working in America ended around the mid to late 90's with the tech/internet boom. The job market is horrible now and probably the worst it has ever been in this country since the depression.

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TrollSlayer

Oct-23-13 12:40 PM

Keep electing liberal-Progressive “leaders” who keep passing laws like Obamascam and keep raising taxes on corporations, increasing costs on employers in America, and keep watching those employers shift to part-time work forces and moving operations overseas. It’s not that hard, people. The more you loons do to “spread the wealth around,” the more the wealthy will take their wealth – including the capital and jobs that generate your wages – elsewhere.

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BurningUp07

Oct-23-13 12:41 PM

Average price of a new home in 1970 was about 23k. Average price of a home in 2010 was about 270k. That's over a 1000 percent increase in 40 years. Wages have nowhere near increased to match that. Some of the biggest increases were from 1990 onward. Thanks America for royally screwing Gen Y!

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TrollSlayer

Oct-23-13 1:04 PM

According to the US Census Bureau, the average size of a home has ALSO increased, by about 50%, since 1970. And the cost of construction per square foot has increased because homeowners are insisting on higher-technology and higher-capacity plumbing, wiring, heating, cooling, and amenities that were not common in 1970. And of course inflation since 1970 has increased the price of EVERYTHING by about 500%.

But the main reason housing costs have increased is because of the ready availability of Government-subsidized home loans. When TRILLIONS of dollars are dumped on the economy, and liberal politicians legislate Government subsidies that make it cheaper – even mandatory – for banks to lend money to buyers with no credit and bad credit, prices will go up. Economics 101. And now, as Barry Bankrupter’s favorite pastor once said, “the chickens are coming home to roost.” Liberal-Progressives, you built that.

w ww.census.g ov/const/C25Ann/sftotalmedavgsqft.pdf

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caltransplant

Oct-23-13 1:59 PM

Thanks republican'ts for all your hard work. Keep rooting against America, while the rest of us remain loyal.

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anutterview

Oct-23-13 2:08 PM

Hey Cal, how's all the economic easing working for you.

Investment bankers are making a killing; borrow for free and buy, buy, buy.

Hoping for a Change again?

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anutterview

Oct-23-13 2:25 PM

Loyalty doesn't pay the bills.

Leaders can get-er-done.

Democrats have the majority in the Senate and the Executive Office; maybe they should work with the people's house to solve the problems, instead of telling them "we won, we don't have to deal with you".

Democrat loyalty takes them walking in lockstep to the economic cliff chanting, Obama would have done it except that Bush ...., all in cadence chanting "its not my fault, the Tea Party did it........"?

Must be depressing to have all of your Progressive plans disrupted because you were outsmarted by Bush's crystal ball and those stupid gun-toting, bible reading "teabillys".

O-BUM-A, O-BUM-A, give me, give me, give me, O-BUM-A O-BUM-A.

You can't make this stuff up; FOTFL.

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BushCrimeFamily

Oct-23-13 3:35 PM

Just the way the GOP wants it. This is a stark reminder to vote Democratic. Your life might just depend on it. Republicans hate the working man.

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TrollSlayer

Oct-23-13 3:47 PM

When you takers elect Hillary "Butcher of Benghazi" Clinton - author of the only Government Health Tax plan more des***** and more unworkable than Obamascam - as your next Bankrupter in Chief, will you loons still be whining "but BUUUUUSH!" as your pathetic excuse for your FAILURE to accomplish ANYTHING? If so, I'll need to buy bigger batteries for my LOL track.

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