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Home Front: Economy |
US Jobs up in both surveys |
2005-07-08 |
Payroll survey +146k Household survey +163 its unusual to get the two so close ----------below from the BLS------------ Nonfarm employment increased by 146,000 in June, and the unemployment rate continued to trend down, reaching 5.0 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Over the month, payroll employment continued to grow in several industries, notably professional and business services and health care. Unemployment (Household Survey Data) The jobless rate in June was 5.0 percent, seasonally adjusted. It has trended downward since February 2005 and is now 1.3 percentage points lower than its most recent high in June 2003. The number of unemployed persons was little changed over the month at 7.5 million, but is down by 1.7 million since June 2003. |
Posted by:mhw |
#15 No, they aren't counting the "free" energy. They are counting the fuel for the tractors, combines, and produce trucks; the energy it takes to make the fertilizer and insecticides; the energy it takes to run the distillery. Now, with sufficient nuclear plants, that could take care of the distillery and fertilizer plants. However, I don't forsee any electric tractors or combines. (Yes, you can run them on alcohol, but that STILL comes out of the fuel energy balance.) Electrifying our rail lines (and laying more track) with nuclear plants would be the biggest single help. Too much long-distance cargo goes by truck because the rail lines are at capacity in the West. Cargo goes by rail. People by auto. |
Posted by: Jackal 2005-07-08 20:39 |
#14 You have to burn more energy growing the corn sun gonna be burnin aneewayz mr. leigh |
Posted by: muck4doo 2005-07-08 17:01 |
#13 ima think you don't understand Mister Leigh the imporatance of an everclear fuel source to us consumers |
Posted by: half 2005-07-08 16:54 |
#12 Whoops! Linky didn't work: http://www.futurepundit.com/ |
Posted by: Leigh 2005-07-08 15:22 |
#10 the situqtion now and has always called for pure organic ethanol with no additatives at all it's everclear to me that we need subsidies for clear natural corn |
Posted by: half 2005-07-08 14:04 |
#9 Methenol? be hushed fool! that s*hit is bad |
Posted by: half 2005-07-08 14:02 |
#8 CS, you can add and use your 'fuzzy math' anytime in my book! You're completely right! |
Posted by: BA 2005-07-08 13:09 |
#7 BA, I think they started building statues to Clinton when unemployment was at 6.5%. When that same figure was reached during the Bush administration it was equated to the Great Depression. During the Depression unemployment PEAKED at 25% from which we can extrapolate a "Dhimi Deviation" of roughly 18%. That means that anything connected with the economy (Unemployment, Homelessness, Crime, etc.). So even if the unemployment sank to (an unrealistic 0%) the Democrats would still look at that as being around 18% unemployment. Of course this is based on my business calculus courses that I finished over a decade ago and have not used up to this point. Talk about âFuzzy Mathâ! Brain hurts must rest! |
Posted by: Cyber Sarge 2005-07-08 12:21 |
#6 Fusion and methenol power now! (Take the money away from the middle east oil) |
Posted by: mmurray821 2005-07-08 11:55 |
#5 5.0% unemployment? Wasn't Clinton's average (over the hot, hot 90's) something like 5.5 or 5.6% Geebus, if oil goes down, plainslow's right, Katie bar the door! |
Posted by: BA 2005-07-08 11:49 |
#4 You knew the economy was getting better when the MSM stop referring to it as Bush's economy. |
Posted by: Matt 2005-07-08 11:09 |
#3 If this economy gets any worse we may have a labor shortage! Fact is we DO have a labor shortage, thats why millions are coming in from Mexico. |
Posted by: Cyber Sarge 2005-07-08 11:02 |
#2 This economy keeps grwoing despite the rise in prices in oil and products associated with oil. If we can do something to get the oil prices down, it's "Katie barr the door" on our economy. If not, then I am worried because it can't substain this indefinetley. |
Posted by: plainslow 2005-07-08 10:51 |
#1 Yet the Dems still want us to believe that the economy is bad..... |
Posted by: mmurray821 2005-07-08 10:44 |