NYJetsFan.com Forums: Unemployment Rate Hits 8.3 Pct. After Hiring Burst - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

The long off season looms
S-Dubb Icon : (29 January 2016 - 10:18 AM) what up home dawgs?
S-Dubb Icon : (29 January 2016 - 10:22 AM) long time no chat, Ya boy has returned from the depths. Good to see everyone alive and well. Another season down the drain... what else is new? Fitz coming back next yr means we wont be going to the superbowl. We seriously need to land a QB. I hope Petty is the future and Im still quietly waiting for Geno to show up. IF they retain him it would speak volumes
Mr_Jet Icon : (29 January 2016 - 11:23 AM) I'm done with Geno. Never really expected much from him from the beginning. So I'm also looking for Petty to be the future.
vjdbbq Icon : (29 January 2016 - 04:33 PM) GENO SUCKS MONKEY DICK
MikeGangGree... Icon : (29 January 2016 - 07:16 PM) S-Dubb??.Who's that guy?
MikeGangGree... Icon : (29 January 2016 - 07:17 PM) FIRE S-DUBB
HarlemHxC814 Icon : (30 January 2016 - 09:10 AM) Dubb and Amen? Did I take a wrong turn and land back in 2007?
HarlemHxC814 Icon : (30 January 2016 - 09:10 AM) Haha good to see both of you
Jetsfan0099 Icon : (30 January 2016 - 03:28 PM) I don't care if Cro comes back, I think Marcus Williams can start opposite Revis. Hes a ball hawk and has performed well everytime hes called on.
Jetsfan0099 Icon : (30 January 2016 - 03:41 PM) I want Fitz back as starter, he lacks arm talent but he is scrappy
Jetsfan0099 Icon : (30 January 2016 - 03:41 PM) The team loves him as a leader and he is a good bridge QB as we groom a QB of the future.
Jetsfan0099 Icon : (30 January 2016 - 03:42 PM) He also has top notch pocket awareness.
Jetsfan0099 Icon : (30 January 2016 - 03:42 PM) He allows our playmakers to make plays. After years of terrible QB play, I'll take 31 TD 15 INTs almost 4,000 yards
MikeGangGree... Icon : (01 February 2016 - 12:41 AM) I can't stop thinking about the off season...... what the hell are we gonna do!!
Jetsfan0099 Icon : (02 February 2016 - 09:59 AM) Maccagnan is going to have to show his worth
Jetsfan0099 Icon : (02 February 2016 - 10:00 AM) They can't have Wilkerson on that franchise tag, they have to sign him long term with a small cap hit or trade him. Otherwise we are in trouble with other FAs.
Jetsfan0099 Icon : (02 February 2016 - 10:00 AM) We need Harrison back, you can't run a effective 3-4 without a stud NT.
Jetsfan0099 Icon : (02 February 2016 - 10:01 AM) I hope we get Harrison back on a 4 yr contract.
MikeGangGree... Icon : (02 February 2016 - 12:55 PM) I really think we are going to have to tag and trade Wilkerson
MikeGangGree... Icon : (02 February 2016 - 12:56 PM) If we keep wilk we lose Harrison or Fitzpatrick maybe both
MikeGangGree... Icon : (02 February 2016 - 12:56 PM) And ivory
Jetsfan0099 Icon : (02 February 2016 - 07:23 PM) We can't keep Wilkerson, Richardson, and Williams. A move has to be made
Jetsfan0099 Icon : (02 February 2016 - 07:25 PM) If the Jets want to go cheaper, they can try to trade Wilkerson and have Richardson/Williams for cheap
Jetsfan0099 Icon : (02 February 2016 - 07:25 PM) Then they can re-sign Harrison, FItzpatrick, Ivory, and maybe Powell.
Jetsfan0099 Icon : (03 February 2016 - 09:59 AM) Kaepernick apparently wants out of SF and wants to join the Jets
Jetsfan0099 Icon : (03 February 2016 - 09:59 AM) Guess he sees the Jets as a team with a great WR tandem and a quality OC who builds a offense around the players
MikeGangGree... Icon : (03 February 2016 - 10:29 AM) No thanks
MikeGangGree... Icon : (03 February 2016 - 10:29 AM) Unless he's dirt cheap
MikeGangGree... Icon : (03 February 2016 - 10:30 AM) The jets would be fools to take on that contract
Jetsfan115 Icon : (03 February 2016 - 02:09 PM) keep powell, snakcs, wilkerson, and fitz. let ivory walk, trade richardson, cut cromartie, restructure brick
Jetsfan0099 Icon : (03 February 2016 - 04:18 PM) Marshall said no to Kaepnerick, he wants FItzpatrick as his QB
vjdbbq Icon : (04 February 2016 - 12:07 PM) Where's Rob ? I need some ass shots !!!!!
MikeGangGree... Icon : (07 February 2016 - 04:16 PM) its crazy how dead this site is
MikeGangGree... Icon : (07 February 2016 - 04:16 PM) its super bowl Sunday!!
vjdbbq Icon : (07 February 2016 - 04:47 PM) Everybody is at Rob's house ; checking out the asses !!!!!
Smedsthejet Icon : (07 February 2016 - 05:17 PM) Hope Cotchery gets a ring tonight
santana Icon : (07 February 2016 - 07:04 PM) Yeah I would rather see a panther win
santana Icon : (07 February 2016 - 07:25 PM) Zzzz
Jetsfan0099 Icon : (07 February 2016 - 09:03 PM) I want to see Manning go out on top
vjdbbq Icon : (07 February 2016 - 11:03 PM) Jerricho got screwed on the call in the first quarter but he dropped a few later on .
vjdbbq Icon : (07 February 2016 - 11:04 PM) Screw Manning and his chicken parm .
MikeGangGree... Icon : (07 February 2016 - 11:29 PM) We need a pass rushing LB!! Look at Denver.
MikeGangGree... Icon : (07 February 2016 - 11:30 PM) Nothing against manning but he wasn't good at all this year and gives me hope that we can reach a super bowl with Fitzpatrick
Jetsfan0099 Icon : (08 February 2016 - 06:42 AM) Denver has two future HOF edge rushers with Miller and Ware.
ganggreen2003 Icon : (08 February 2016 - 08:01 PM) NO to kapergimmick
Resize Shouts Area

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

Unemployment Rate Hits 8.3 Pct. After Hiring Burst Here is some good news for your Friday

#1 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,185
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 03 February 2012 - 10:33 AM

This is a Yahoo article so take it with a grain of salt. However the core numbers seem to match Gallups (8.7% and 18.8%). The numbers do not take into account underemployed (18.8%) or those who have stop trying to find a job. With 201k new jobs added each of the past three months it would seem we may be showing some real growth. Anyway for those of you unemployed, underemployed or looking to advance this is good news.

Quote

WASHINGTON (AP) -- In the most impressive surge for the job market since the middle of last decade, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years.

Lower unemployment is a positive a sign for President Barack Obama's re-election hopes. Still, he's likely to face voters with the highest unemployment rate of any post-war president.

Hiring accelerated across the economy and up and down the pay scale. The high-salary professional services industry added 70,000 jobs, the most in 10 months. Manufacturing added 50,000, the most in a year.

The report Friday from the Labor Department sent money pouring into the stock market and out of more conservative investments in bonds. Dow Jones industrial average futures, virtually flat before the report was released at 8:30 a.m. (1330 GMT), jumped 100 points.

The stock market is already off to its fastest start in 15 years as more investors start to believe the economic recovery is finally for real and will only get stronger. The Dow has gained 4 percent in 2012.

It was the most jobs added since and April and May 2010, when 277,000 and 458,000 jobs were created. But those months were skewed by massive hiring for the census. Before that, the last month with more job creation was March 2006.

The unemployment rate was down two ticks from last month and the lowest since an 8.3 percent reading in February 2009. It was also the fifth consecutive month that the rate has fallen, the first time that has happened since late 1994.

The report seemed certain to shake up the presidential campaign, which is expected to turn on the economy. Unemployment was 7.8 percent when Obama took office in and 10 percent, its peak for the economic downturn, nine months later.

Employers have added an average of 201,000 jobs a month in the past three months. That's 50,000 more jobs per month than the economy averaged in each month last year.

The Labor Department's January jobs report was filled with other encouraging data and revisions. The economy added 200,000 more jobs in 2011 than first thought.

The unemployment rate is nearly a percentage point lower than over the summer, when many feared a recession was imminent.

Impressively, the job gains last month were spread across the economy. Even the beleaguered construction sector added 21,000 jobs, its second month of strong gains. That figure has probably been helped by unseasonably warm weather this winter.

The leisure and hospitality industry, which includes restaurants and hotels, added 44,000 jobs. Retailers added nearly 11,000.

The unemployment rate fell even as more people began looking for work. But a much larger number said they found work.

More jobs and higher incomes should help consumers boost spending and increase economic growth.

Job gains in November and December were revised upward to show that an additional 60,000 jobs were created in those two months.

The government also issued its annual revisions to jobs data going back five years. They showed that hiring was stronger over the past two years than previously thought. The economy added about 1.82 million jobs last year, nearly twice as many as in 2010.

Even with the gains, the job market faces a long way back to full health. The nation has about 5.6 million fewer jobs than it did when the recession began in late 2007.

There are still 12.8 million people out of work, though that is the fewest since the recession ended. An additional 11 million are either working part-time but would prefer full-time work, or have stopped searching for jobs.

When all those groups are combined, nearly 24 million are considered "underemployed. The so-called "underemployment" rate ticked down in January to 15.1 percent, from 15.2 percent.

Several reports signaled this week that the economy is improving gradually. Manufacturers expanded at the fastest pace in seven months in January, a private survey showed.

And fewer people sought unemployment benefits last week, the Labor Department said. The four-week average of applications fell to its second-lowest level since June 2008. The drop shows that companies are cutting fewer jobs, which usually leads to more hiring.

Americans spent more at big chain retail stores last month compared with a year earlier. And automakers began 2012 with a strong sales gain in January. Healthier auto sales can boost a range of companies, from steel makers to parts suppliers to shippers.

The economy expanded at a 2.8 percent annual pace in the October-December quarter, a full percentage point higher than in the previous quarter.

Even so, economists expect slower growth this year. Much of the fourth quarter's expansion was due to companies ordering more goods to restock their warehouses. Restocking is likely to slow in the first three months of this year. That would drag on growth.

Europe's financial crisis could also slow demand for U.S. goods. And average wages failed to keep up with inflation last year. That leaves consumers with less spending power, which can hamper growth.

Posted Image
0

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users