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Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

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Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by GabrielBerg on Fri Jun 03, 2011 8:43 am

affraid affraid affraid
DJ DATA SNAP:US May Payrolls +54K; Jobless Rate Rises To 9.1%
By Luca Di Leo and Jeff Bater
Of DOW JONES NEWSWIRES


WASHINGTON (Dow Jones)--Hiring by U.S. companies slowed dramatically in May
and the unemployment rate kept rising, adding to concerns the jobs market will
still take years to heal as the economy remains weak.

Nonfarm payrolls rose by 54,000 last month as the private sector posted the
smallest job gain in nearly a year, the Labor Department said Friday in its
survey of employers. Payrolls data for the previous two months were revised
down by a total 39,000 to show increases of 232,000 jobs in April and 194,000
jobs in March.

The jobless rate, which is obtained from a separate household survey,
unexpectedly rose to 9.1% in May from 9.0% in April. There are almost 13.9
million Americans who would like to work but can't get a job.

Economists surveyed by Dow Jones Newswires had forecast payrolls would rise
by 160,000 and the jobless rate would edge lower to 8.9%.

Even though the recession ended two years ago, the pace of economic growth
has been too slow to make up for all the ground lost following the devastating
financial crisis of 2008 and 2009. Recent signs point to more economic weakness
ahead. The manufacturing sector, once the driver of the recovery, posted its
biggest monthly drop since 1984 in May.

Friday's report showed private-sector employers, which account for about 70%
of the workforce, added only 83,000 jobs in May, the smallest gain since June
2010. That compares with increases of 251,000 in April and 219,000 in March.
http://uk.finance.yahoo.com/news/WRAPUP-2-U-S-employment-targetukfocus-3699739671.html?x=0

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by Exhausted99er on Fri Jun 03, 2011 9:41 am

THE EMPLOYMENT SITUATION –MAY 2011
Nonfarm payroll employment changed little (+54,000) in May, and the unemployment rate was essentially unchanged at 9.1 percent, the U.S. Bureau of Labor Statistics reported today.


http://www.bls.gov/news.release/pdf/empsit.pdf

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by nuttin2lose on Fri Jun 03, 2011 9:55 am

And the blame game is in full swing.

WHERE ARE THE JOBS Evil or Very Mad Evil or Very Mad Evil or Very Mad

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 10:05 am

nuttin2lose wrote:And the blame game is in full swing.

WHERE ARE THE JOBS Evil or Very Mad Evil or Very Mad Evil or Very Mad


All out of this country ........ OH CONGRESS and OBAMA ......



????? WHERE ARE THE JOBS ?????

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by doreenb on Fri Jun 03, 2011 10:08 am

where is hr 589????????????? why is this not an emergency bill???

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by unemployed2long/1208 on Fri Jun 03, 2011 10:10 am

lets see!! First it was 185,000 then another article and it was 38,000 now its 54,000.... Hum!!!
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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 10:11 am

doreenb wrote:where is hr 589????????????? why is this not an emergency bill???


It's in THEACTRICS learning how to pull Houdini stunts !!!

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by unemployed2long/1208 on Fri Jun 03, 2011 10:12 am

I also knew the unemployment rate would go up a little!! Hello! Prince charming and Goldie locks... Time to wake up!
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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by unemployed2long/1208 on Fri Jun 03, 2011 10:15 am

I respected FORD for their not taking stimulus and also they are very profitable, however sadly to note: They are moving one model of car production to India!!! That is the trend, jobs going to other countries so profits can go into the pockets of big business and manufacturing and also line some politicians pockets. Thats why they are not going to stop or do anything to return jobs and industries back to America! Our days being the industrial giant are "Over"...


Last edited by unemployed2long/1208 on Fri Jun 03, 2011 11:23 am; edited 1 time in total
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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by doreenb on Fri Jun 03, 2011 10:26 am

Yes, Mazda is moving car production out of the usa

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by Exhausted99er on Fri Jun 03, 2011 10:31 am

Chrysler is severing its ties to the US government and Fiat has bought out the 6% interest the Treasury Dept. held in the company.

Guess where those jobs will be going??????????????

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by Phillymg on Fri Jun 03, 2011 11:00 am

unemployed2long/1208 wrote:lets see!! First it was 185,000 then another article and it was 38,000 now its 54,000.... Hum!!!
That's because every month in advance of the fed govt's official jobs numbers.....38 Reuters economists 'guess' what the numbers will be.....& the ADP corporation adds its 'guess' as well. After ADP's guess came in so low earlier this week a bunch of the Reuters boyz revised their guesses downward. As I mentioned before.....all that 'guessing' ahead of the official govt numbers is so that Wall Street Investors can *gamble* on what the official numbers will be. When the official numbers came out this morning the guyz who guessed right won big money in the gambling game.

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by Exhausted99er on Fri Jun 03, 2011 11:44 am

Phillymg wrote:
unemployed2long/1208 wrote:lets see!! First it was 185,000 then another article and it was 38,000 now its 54,000.... Hum!!!
That's because every month in advance of the fed govt's official jobs numbers.....38 Reuters economists 'guess' what the numbers will be.....& the ADP corporation adds its 'guess' as well. After ADP's guess came in so low earlier this week a bunch of the Reuters boyz revised their guesses downward. As I mentioned before.....all that 'guessing' ahead of the official govt numbers is so that Wall Street Investors can *gamble* on what the official numbers will be. When the official numbers came out this morning the guyz who guessed right won big money in the gambling game.

....and we lost...AGAIN!

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 11:53 am

wall street is still falling to , but no worries .... good ole Ben Bernanke will just crank up the presses and bail them out again .... Suspect


Last edited by UPCHITCREEK on Fri Jun 03, 2011 12:26 pm; edited 1 time in total

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by unemployed2long/1208 on Fri Jun 03, 2011 12:18 pm

Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!
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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by doreenb on Fri Jun 03, 2011 12:31 pm

unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 12:37 pm

doreenb wrote:
unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

Not to be crude here .... but i have been along to no avail ....

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by doreenb on Fri Jun 03, 2011 1:00 pm

UPCHITCREEK wrote:
doreenb wrote:
unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

Not to be crude here .... but i have been along to no avail ....

Did you call Camp???

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 1:44 pm

doreenb wrote:
UPCHITCREEK wrote:
doreenb wrote:
unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

Not to be crude here .... but i have been along to no avail ....

Did you call Camp???


i've called them all over the last 3 years ! more than once !!!!

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 1:52 pm

As OBAMA'S number 1 guy on this issue just came out and said , just a lil bump in the road ! http://politicsispower.com/2011/06/03/obama%E2%80%99s-economic-chief-says-job-numbers-are-a-bump-in-the-road/



BUMP


Last edited by UPCHITCREEK on Fri Jun 03, 2011 2:49 pm; edited 1 time in total

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by Guest on Fri Jun 03, 2011 2:45 pm

UPCHITCREEK wrote:
doreenb wrote:
UPCHITCREEK wrote:
doreenb wrote:
unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

Not to be crude here .... but i have been along to no avail ....

Did you call Camp???


i've called them all over the last 3 years ! more than once !!!!
Have you noticed that we are being asked constantly now if we called or emailed or faxed?

Guest
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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 2:47 pm

Sj wrote:
UPCHITCREEK wrote:
doreenb wrote:
UPCHITCREEK wrote:
doreenb wrote:
unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

Not to be crude here .... but i have been along to no avail ....

Did you call Camp???


i've called them all over the last 3 years ! more than once !!!!
Have you noticed that we are being asked constantly now if we called or emailed or faxed?


NEWBIES .... HEH ..... lol!

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 2:53 pm

UPCHITCREEK wrote:As OBAMA'S number 1 guy on this issue just came out and said , just a lil bump in the road ! http://politicsispower.com/2011/06/03/obama%E2%80%99s-economic-chief-says-job-numbers-are-a-bump-in-the-road/



BUMP
1

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by doreenb on Fri Jun 03, 2011 2:58 pm

UPCHITCREEK wrote:
Sj wrote:
UPCHITCREEK wrote:
doreenb wrote:
UPCHITCREEK wrote:
doreenb wrote:
unemployed2long/1208 wrote:Yet here we 99er's sit with lack of job recovery and yet totally out of benefits as 99 er's.. We lose on all sides!


99ers Unite!!!! We need to demand Washington pass hr 589 as an emergency bill!!! Call your reps now!!!

Not to be crude here .... but i have been along to no avail ....

Did you call Camp???


i've called them all over the last 3 years ! more than once !!!!
Have you noticed that we are being asked constantly now if we called or emailed or faxed?


NEWBIES .... HEH ..... lol!


Nota "newbie" I am one of the original people to join this site and I post daily, My Comment states We need to continue to Call Camp!!!

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

Post by UPCHITCREEK on Fri Jun 03, 2011 3:38 pm

No Doreenb , it's a question of direct doubt, aimed at people ,if it was just a post saying .....WE NEED TO COUNTINUE TO CONTACT CAMPS OFFICE , it would be received differently ! Not telling you how to post but thats the way it's being taken .

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Re: Catastrophic May Jobs Report Shows Only 54,000 Jobs Gained Last Month

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