Comments on: Better Than Expected Report On Job Market

More Jobs Added In May, Modest Wage Gains, Steady Unemployment Rate of 4.5%

[coffeehead-2009]

since cbs monitors seem to have "lost" this little bit of reality from my prior post...
how much more of this propaganda - lying and f-ing over of america can we take?


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The important point about the slow employment growth is that not all groups are equally affected. Since May is the month when new college graduates begin to enter the labor force, it makes sense to consider the employed share of the population by educational levels. The employment outlook has actually improved since March 2001 for people without a high school degree, but it has worsened for everybody else.
The employed share of the population without a high school degree increased by 1.8 percentage points to 42.9 percent in May 2007 from 41.1 percent in March 2001. The gains were especially strong for men without a high school degree (see Figure 1). Yet for all other educational levels, the employed share decreased from March 2001 to May 2007.

College graduates saw their employed share drop by 1.4 percentage points from 77.8 percent in March 2001 to 76.4 percent in May 2007. As new college graduates are entering the labor force, the economy is still not providing the same level of opportunity for them that it did more than six years ago.

[coffeehead-2009]

since cbs monitors seem to have "lost" this little bit of reality from my prior post...
how much more of this propaganda - lying and f-ing over of america can we take?


xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The important point about the slow employment growth is that not all groups are equally affected. Since May is the month when new college graduates begin to enter the labor force, it makes sense to consider the employed share of the population by educational levels. The employment outlook has actually improved since March 2001 for people without a high school degree, but it has worsened for everybody else.
The employed share of the population without a high school degree increased by 1.8 percentage points to 42.9 percent in May 2007 from 41.1 percent in March 2001. The gains were especially strong for men without a high school degree (see Figure 1). Yet for all other educational levels, the employed share decreased from March 2001 to May 2007.

College graduates saw their employed share drop by 1.4 percentage points from 77.8 percent in March 2001 to 76.4 percent in May 2007. As new college graduates are entering the labor force, the economy is still not providing the same level of opportunity for them that it did more than six years ago.

[trillion1]

precep5, Thank you very much. I needed the laugh.

[perception5]

The stock market hits Record Highs again today

414,000 Americans have moved from the unemployment lines to employment in the past 90 days. Most with health care again and now pay taxes into the US Treasury which is forcing the deficit down sharply.

A "Conservative Wave" is sweeping the planet right now. New Conservative governments in Germany, Mexico, France, and Canada.......................WHY ?? It not because of the war in Iraq ........ These countries are looking across the oceans and from the north of us and to the south and watching this "Republican" economy create millions of jobs........... so many jobs that we have employed 12 million people from other countries.

The Great American Economy.................the greatest story never told by our Corrupt Liberal MSM Wolfpack who work very hard on behalf of their close pals, the Dems, to "derail" our economy with stories on "sub-prime mortgages" and "housing bubble bust" and lying that all the new jobs are just minimum wage (one of the favorite lies)

Thank you Mr. President for doing a great job at managing the economy.........the French, Germans, Mexicans, andCanadians have been getting the "news" from their news organizations......... over here in the States our Corrupt Liberal Wolfpack is "censoring" this great and TRUE story...........REALLY SAD feels like Germany 1938 with America's "free left-wing press".

[acauble1]

With the jobs report, there should be a survey to show the average wages for those "jobs" created!

THEN the wealthy economists, (and right-wing talk show hosts), would actually see the dregs of the economy that we middle-class people face!

I'm willing to bet that those jobs reports would show fewer and fewer of the "new" jobs are paying more than they used to 5 or even 10 years ago.

[omega39-2009]

the unemployment rate is based on how many are receiving unemployment compensation, once that runs out they have no idea of how many do not have jobs, I am sure it is much higher than they report
Posted by ncolsens

The U-3 unemployment (the one reported here) rate is based on a household survey, if you worked even one hour out of the previous month (such as babysitting for an hour) you are counted as being employed.

the unemployment rate is based on how many are receiving unemployment compensation, once that runs out they have no idea of how many do not have jobs, I am sure it is much higher than they report

[tylenol6]

Oh, give me a break.....The economy is down the
tubes with all the jobs going overseas and the
huge housing slump...People, don't believe it.

[drummer94]

No jobs in my neck of the woods. Another plant closing doors last month 66 layoffs. How can they base the unemployment figures without counting the still-unemployed but not drawing any benefit people? Shady numbers,if you ask me.

[FoonTheElder]

Don't confuse quantity with quality. Job statistics in the US are ***.