I call it LYING!!!!!
"Outlook darkens on Mass. job picture in ’10; Unemployment to peak near 10%, according to forecast" by Robert Gavin, Globe Staff | November 11, 2009
The Massachusetts economy will shed tens of thousands of jobs over the next year, with the unemployment rate peaking near 10 percent in the middle of 2010, according to a forecast released yesterday.
The outlook is darker than just a few months ago, when it appeared that job losses were coming to an end and the state would emerge from the recession earlier than the nation as a whole.
MSM Manufacturing an Economic Recovery
MSM Manufacturing an Economic Recovery (Part II)
Economic Recovery Missing Massachusetts
Not Making It in Massachusetts
Slow Saturday Special: He's Got High Hopes
Now you will understand what a s***-thrower is this BG shill:
“Now that appears to have been an illusion,’’ said Northeastern University economics professor Alan Clayton-Matthews, who prepared the forecast for the New England Economic Partnership, a nonprofit research group. The forecast, released at the partnership’s semiannual conference in Boston yesterday, projected that the state would lose more than 60,000 additional jobs before the labor market hits bottom in the third quarter of 2010. That would bring total job losses in this recession to just under 200,000, or 5.9 percent of total employment, slightly worse than for the US economy, which is projected to lose about 5.5 percent of its jobs....
After the nation has ALREADY LOST more than 7 MILLION JOBS!!
And I am also tired of the YOU HAVE IT BETTER than the OTHER GUY, SUCK LEMONS S***!!!!!!
Governor Deval Patrick, speaking at the State House, said his administration is working to boost the state’s economy, focusing on promising sectors such as alternative energy, education, and life sciences, which includes biotechnology and other health-related sectors.
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Slow Saturday Special: Patrick Pimps Football Footpath For Patriots
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Goodbye, you one-term turd-talker!!!!
That is THREE YEARS AWAY which means THERE IS NO RECOVERY!!!!!!
not expected to regain all the jobs lost in the recession until 2013.
Yeah, IF EVER (and they will be lower-paying s*** jobs)!!!
See: The Boston Globe's Invisible Ink: Jobs Gone Forever
Jobbed By the Boston Globe
The Last Job You Will Ever Have
It now appears the state’s recovery will trail the nation’s by three or four months, said Clayton-Matthews. The national economy, as measured by the production of goods and services, began expanding in the third quarter, which ended Sept. 30. The state’s economy, which continued to shrink last quarter, is expected to resume growing in the current quarter. Employment typically lags behind production, because even when business picks up, companies hire cautiously until they become confident the recovery will last.
Why listen to an apologetic, agenda-pushing liar?
This summer, it looked as if the state’s economy had begun to rebound ahead of the nation’s. Job losses had diminished for several months, slipping to just 700 statewide in August. But the state shed more than 9,000 jobs in September as incomes and consumer spending fell sharply, suggesting a much weaker economy.
Still,
Translation: get ready for some shit being slung.
it appears the state’s economy is on the mend, Clayton-Matthews said.
PFFFFFFFFTTTTTTTTTT!!!!!!!!
Worldwide technology sales are rebounding, and so are exports.
Yup, THEY ARE GROWING OVER THERE, America! You are NOT!
Then again, that is what BEING a THIRD-WORLD COUNTRY of SLAVE LABOR is!!!!!!!
That’s good news for Massachusetts, which has a high concentration of tech firms that sell internationally. “By every measure,’’ Clayton-Matthews said, “information technology markets have turned the corner, and sharply.’’
Yes, by EVERY MEASURE, the liar says!!!
Use a s***-stick to measure that, did you?
A housing recovery is also underway, as both sales and prices have risen solidly over the past several months. Homes in Massachusetts are now at their most affordable since the mid-1990s, Clayton-Matthews said.
Yeah, prices are RISING but they are AFFORDABLE -- unless you are ONE of the UNEMPLOYED and FORECLOSED UPON!!!!
I'm about to be swallowed by the river of s*** propaganda, readers!
And while businesses remain reluctant to hire, the pace of layoffs is slowing. First-time claims for unemployment benefits have plunged more than 40 percent since peaking earlier this year, to 7,900 a week at the end of October from 13,500 in mid-March. First-time claims have slipped below 40,000 a month, which economists consider the dividing line between a recessionary state economy and one that is recovering, Clayton-Matthews said.
If we are STILL LOSING JOBS then it is NOT a RECOVERY, you LYING PIECE of DOG S***!!!!!!!!!!!!
STOP IT!!!!! Just STOP IT!!!!!!!!!!!
And the REASON the UNEMPLOYMENT RATE is DOWN is because PEOPLE HAVE EXHAUSTED their UNEMPLOYMENT and thus DROPPED off the ROLLS!!! They are simply NOT BEING COUNTED ANYMORE!
And THAT is considered "recovery" to these reprehensible agenda-pushing s***-bags!
Some companies, however, are continuing to slice workforces. American Student Assistance, a Boston nonprofit that helps to manage student loans, has laid off 109 workers, or 17 percent of its workforce. In January, the company cut 50 jobs.
Aramark Corp. of Philadelphia said it will cut 118 jobs by the end of the year at its site in Norwell, which sells uniforms and work clothing to businesses. “We’re strategically expanding our operations to other locations,’’ said Aramark spokeswoman Kristine Grow.
Related: Fenway Franks, Get Your Fenway Franks Here
I wouldn't be sorry they are leaving, but they are EXPANDING ELSEWHERE?
Also see: EMC Moving Out of Massachusetts
Game Report: Mass. Loses to Michigan
NO ONE wants to stay here, do they?
Think the TAX INCREASES HELPED?
Adidas AG’s Reebok athletic footwear business is laying off 145 workers, as the company shuts down its Stoughton distribution center and consolidates distribution in South Carolina.
Related: South Carolina Shows Up Massachusetts
Wouldn't you rather deal with them?
The closing was announced in April 2007, before the start of the current recession.
Yeah, so that makes it okay, huh, Globe?
They were already leaving anyway!!!
And it is EVEN WORSE than what the Globe puke says, folks:
"Economist sees 13% US jobless rate" by Bloomberg News | November 10, 2009
WASHINGTON - The US unemployment rate may rise to a post-World War II high of 13 percent in the aftermath of the recession, said David Rosenberg, chief economist at Gluskin Sheff & Associates Inc. in Toronto.
Then it is NOT an AFTERMATH it is a CONTINUING THING, isn't it?
“This is going to be the mother of all jobless recoveries,’’ Rosenberg, one of the first to forecast the recession, said yesterday. Rosenberg said the economy is “in a post-bubble credit collapse.’’ A 13 percent unemployment rate would be the highest since monthly records began in January 1948. Yearly records, which began in 1929, show joblessness climbed to almost 25 percent in 1933....
And if you consider the fact that the numbers are deliberately skewed lower, WE ARE THERE, America!!!
The GRAND DEPRESSION of 2009!!!!
The US economy could rival Japan’s so-called lost decade of the 1990s, Rosenberg said. “This has some prints of Japan in many respects,’’ where growth stagnated for years and prices fell. Rosenberg was Merrill Lynch’s top North American economist from 2002 to earlier this year.
I guess he would know what is coming.
--more--"
Related: From Recession to Depression
Yeah, DON'T LISTEN to THEN, readers!
Listen the the s***-shoveling government and MSM!!
PFFFFFFFFFFTTTT!!!!
