Also see: MSM Manufacturing an Economic Recovery
I've had it with the lies and insults, how about you?
That's why newspapers are tanking.
"Job cuts in Mass. slow in August; But unemployment rate climbs amid signs of recovery" by Robert Gavin, Globe Staff | September 18, 2009
.... Certainly, the economy has a way to go. Manufacturing, construction, and financial services continued to lose jobs in August. So did government.
That LAST PART is ALWAYS GOOD, sorry!!!
In addition, said Alan Clayton-Matthews, an economic analyst and professor at Northeastern University, if unemployment stays high for too long, it will curb the consumer spending needed to create a self-sustaining recovery....
Related: Consumers Cutting Debt Killed Recovery
Out-of-Work Americans Killed Economic Recovery
Slow Saturday Special: U.S. Consumers Killed Economic Recovery
Yup, YOU BLEW IT, America!
AFTER the FED worked SO HARD with YOUR MONEY to FIX BANKS and get this economy POISED for RECOVERY, you blew it because YOU DIDN'T WANT TO BORROW more (not that the banks are lending, but I only have so much time....) to BUY WORTHLESS S*** so CORPORATIONS could PROFIT!
Bad, bad Amurkn!!!!
But recent trends are hopeful, said Suzanne Bump, state secretary of labor and workforce development. Stripping out government job losses, private employers have added about 11,000 jobs since April, the first sustained private sector job growth since the first quarter of 2008, she said.
Is the ABILITY to LIE a requirement on the JOB APPLICATION for state government work, or does it just rub off once in the job?
These people are un-f***ing-real!
In addition, the growth in the labor force suggests an improving job market, she said. Discouraged workers may be sensing more opportunities and resuming job searches.
Yeah, IGNORE THOSE that DROPPED OFF the ROLLS and CALL IT IMPROVEMENT because they NO LONGER SHOW UP there!
And this is great because the ones who have "resumed" their "search" are likely not collecting.
Unless workers actively look for work, they are not counted as part of the labor force - or as unemployed. “We expect the unemployment rate to continue to rise,’’ she said. “But we expect job growth to continue to rebound.’’
We are STILL LOSING JOBS and are GOING TO BE into next year so THERE IS NO JOB GROWTH, state liar!!!!!!!!!
And they WONDER WHY we are ANGRY?!!!!!!!!!!!!!!!!!!!!!!!!
************************
And BAD, BAD, "JOURNALISM."
The Massachusetts job market showed signs of stabilizing last month, even as the state’s unemployment rate jumped above 9 percent to match the peak rate during the recession of the 1990s, the Executive Office of Labor and Workforce Development reported yesterday.
Massachusetts employers cut payrolls by just 400 jobs in August, continuing a trend of diminishing job losses that economists say precedes a turnaround. The state shed 800 jobs in July and 2,600 in June. The unemployment rate, however, continued its climb, rising three-10ths of a point to 9.1 percent in August. The jobless rate last hit 9.1 percent in July 1991 and remained at that level for nearly a year, before dipping to 9 percent in June 1992.
Yup, WATER STILL COMIN' in the BOAT, Cap'n Smith, but its slowing down so I think we are oka... (gurgle, gurgle, gurgle)!!!!
Unemployment will almost certainly exceed the peak of the 1990s, despite growing evidence a recovery is underway, analysts said.
Related: There Will Be No AmeriKan Economic Recovery
The jobless rate often rises early in a recovery because businesses, uncertain of a rebound’s staying power, hire cautiously.
They are REALLY SHOVELING the S*** today!!!!!!
Jobs aren’t created fast enough to keep up with the growth of the labor force.
They are NOT BEING CREATED AT ALL, ding-dong!!!!!!!!!!!!!!!!!!
Ironically, the state’s rising jobless rate shows Massachusetts has fared relatively well during this recession, compared to past downturns.
That is NOT FUNNY at all, jerk!!!!!!!!!!!
What a propaganda-pushing, shit-shoveling asshole!
Sorry, readers, but....!?
Although the unemployment rate is the same, the state lost three times as many jobs in the 1990s recession, or more than 350,000 jobs, compared to about 115,000 jobs today.
Yeah, like I'm going to believe the lying state and mouthpiece MSM!
But unlike the 1990s, the current downturn is doing more damage to the labor force in other states than in Massachusetts.
COULD, BUT, IF, STILL, YET, HOWEVER, ALTHOUGH, etc, etc, etc.
All BAD WORDS for a "REPORT" in a "NEWSPAPER!"
Jobless workers are staying here to look for work instead of leaving, a trend reflected in a higher unemployment rate.
We are stoo-pid! Why did I invest in unsellable property (a home) in Massachushitts?
Over the past year, the state’s labor force grew by more than 18,000 workers, according to state statistics....
At the SAME TIME, UNEMPLOYMENT WENT UP?
You said above the state was cutting workers? WTF?
NEVER NEEDED 'EM anyway, huh?
Just a CUSHY WAY to GET FRIENDS PENSIONS at the expense of taxpayers, huh?
A bigger labor force can mean a faster recovery because workers are readily available when businesses start to expand, Clayton-Matthews said.
For WHAT JOBS? And DOESN'T HE MEAN IF, not when?!!!!!!!
Already, there’s evidence employers are beginning to tap into that pool, as temporary employment companies gained jobs for the fourth consecutive month in August.
Temporary employment is considered by economists a leading indicator of the job market.
There is a reason it is called TEMPORARY, a**hole!
I'm sick of this!
When the economy begins to turn around, companies often use temps until they feel confident enough to make permanent hires. Health care, meanwhile, remains a solid employer, adding 1,300 jobs in August, the state reported. Professional, scientific, and technical services, a technology bellwether, added 600 jobs. Leisure and hospitality, which includes hotels and restaurants, gained 200 jobs in the fourth consecutive month of gains.
Yup, we are saved.
