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2004-06-04 Home Front: Politix
Great Employment numbers for May & Apr revised upward
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Posted by mhw 2004-06-04 8:49:34 AM|| || Front Page|| [3 views since 2007-05-07]  Top

#1 Likely headline: "May Job Growth Down 28% From April, Say Gov't Sources"

Gotta remember, the sky is ALWAYS falling when a Republican president is in office.
Posted by Dave D.  2004-06-04 9:10:20 AM||   2004-06-04 9:10:20 AM|| Front Page Top

#2 At the end of January 2001, the start of George Bush's first term, there were 137,790,000 people employed in the United States. At the end of April 2004, there were 138,772.000 people employed, a gain of 982,000 people employed. From the depths of the Clinton recession to the end of April 2004 3,057,000 people have found jobs.

THIS IS GOOD NEWS!
Posted by Chuck Simmins  2004-06-04 9:38:49 AM|| [http://blog.simmins.org]  2004-06-04 9:38:49 AM|| Front Page Top

#3 Drowned out? How about outright killed? Here is how ABCNEWS.COM bills it: Unemployment Rate Holds Steady as Employers Add 248,000 Jobs
Posted by CrazyFool  2004-06-04 9:54:02 AM||   2004-06-04 9:54:02 AM|| Front Page Top

#4 I think that it becomes impossible to calculate the unemployment rate when it get below 5.6 or 5.5 based on the economic model they use. So 5.6 holding steady is probably the correct number.
Posted by Cyber Sarge  2004-06-04 10:20:01 AM||   2004-06-04 10:20:01 AM|| Front Page Top

#5 Chuck - I realize some people like the household survey more than the employer survey (the latter shows a net loss in jobs since Bush was sworn it) but most people think the employer survey is more accurate.

Politically, I think one impact of the continued job growth is that it makes a John Edwards vice presidential nomination less likely. Kerry already despises Edwards (at least I take that based on Kerry's body language during debates with Edwards) and since Edwards's only good lines are the 'two Americas' and "bad nafta" type stuff, I think his chances look worse and worse.
Posted by mhw 2004-06-04 10:25:52 AM||   2004-06-04 10:25:52 AM|| Front Page Top

#6 Kerry's so vain, he wouldn't want anyone with more charisma on the ticket...that narrows the VP choice to a bag of hammers or a bag of doorknobs
Posted by Frank G  2004-06-04 10:36:26 AM||   2004-06-04 10:36:26 AM|| Front Page Top

#7 Jobless recovery! JOBLESS RECOVERY!!!!
Posted by Bomb-a-rama 2004-06-04 10:47:09 AM||   2004-06-04 10:47:09 AM|| Front Page Top

#8 Herbert Hoover! HERBERT HOOVER!!!!
Posted by Tibor 2004-06-04 11:59:42 AM||   2004-06-04 11:59:42 AM|| Front Page Top

#9 it makes a John Edwards vice presidential nomination less likely. Kerry already despises Edwards

Dang now thats (no sarc) interesting. I think Edwards still would be the strongest VP for Kerry even tho he might not carry his own state.
Posted by Shipman 2004-06-04 12:15:29 PM||   2004-06-04 12:15:29 PM|| Front Page Top

#10 no , no, no! this just cannot be true - ole teddy and skerry told me that the economy sucks and that the recovery is jobless - ya know that outsourcing thing... ala hienz
Posted by Dan 2004-06-04 2:11:00 PM||   2004-06-04 2:11:00 PM|| Front Page Top

#11 Of course now Kerry is claiming that the jobs that are being created are not the high paying jobs. These guys are so tired and this line sooooo predictable. Saying it just makes him look stupid (er, more stupid).
Posted by remote man 2004-06-04 2:34:26 PM||   2004-06-04 2:34:26 PM|| Front Page Top

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