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Layoffs Reach 11-Month High, But They're Not The Major Worry
+6
Kat
Phillymg
njcookies
mrgolf
JaneWI
Quiethawk
10 posters
Layoffs Reach 11-Month High, But They're Not The Major Worry
http://www.huffingtonpost.com/2011/03/02/layoffs-reach-11-month-hi_n_830189.html
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
I wonder why ADP and BLS are coming up with such different numbers.
"In January, ADP reported an increase of 187,000 private sector jobs. The BLS reported only 36,000 new positions, public and private sector. (On Friday, the Bureau of Labor Statistics will release the government's official unemployment report for February.)"
"In January, ADP reported an increase of 187,000 private sector jobs. The BLS reported only 36,000 new positions, public and private sector. (On Friday, the Bureau of Labor Statistics will release the government's official unemployment report for February.)"
JaneWI- Monster Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
"The issue is, at least up to this point, many businesses have not started to hire folks." DUH.....
"At the very least, rising energy costs could force employers to
postpone hiring plans. At worse, increased costs could kill the fragile
recovery and spur another round of layoffs."
And this will be the fault of the unemployed yet again.... We get blamed for everything.
"At the very least, rising energy costs could force employers to
postpone hiring plans. At worse, increased costs could kill the fragile
recovery and spur another round of layoffs."
And this will be the fault of the unemployed yet again.... We get blamed for everything.
Quiethawk- Elite Poster
- Posts : 707
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Does anyone have the number of jobs that must be created each month just to break even?
mrgolf- Monster Poster
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Location : Santa Rosa, California
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
mrgolf wrote:Does anyone have the number of jobs that must be created each month just to break even?
It takes 125,000 to break even with population growth
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
And then you have Bernanke saying that the rise in oil prices will not affect the US economy.
http://www.huffingtonpost.com/2011/03/01/bernanke-rising-oil-price_n_830011.html
What a crock of Sh*t.....
http://www.huffingtonpost.com/2011/03/01/bernanke-rising-oil-price_n_830011.html
What a crock of Sh*t.....
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Thanks. Do you happen to have a link?Quiethawk wrote:mrgolf wrote:Does anyone have the number of jobs that must be created each month just to break even?
It takes 125,000 to break even with population growth
mrgolf- Monster Poster
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Join date : 2011-02-13
Location : Santa Rosa, California
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
if we can't buy gas to go on interviews if we're lucky enough to get one, what do we do? if we find a job but it will cost too much for gas to get there what do we do? I don't go anywhere much now but the price of gas will break me if I find a job that is not nearby.Quiethawk wrote:And then you have Bernanke saying that the rise in oil prices will not affect the US economy.
http://www.huffingtonpost.com/2011/03/01/bernanke-rising-oil-price_n_830011.html
What a crock of Sh*t.....
njcookies- Elite Poster
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Age : 74
Location : New Jersey
Job/hobbies : Cat Lady
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
mrgolf wrote:Does anyone have the number of jobs that must be created each month just to break even?
This is a good question and I've been researching it. I have a feeling there are going to be a few different numbers. The following is from September 3,2010.
The United States needs to “create” a minimum of 150,000 new jobs, “actual jobs” as opposed to imaginary or “virtual” jobs, each and every month, to maintain an “employment equilibrium” – to have the economy keep pace with new workers entering the workforce – to have “zero change” in the unemployment rate – no increase – no decrease.
http://mcauleysworld.wordpress.com/2010/09/03/august-2010-economic-numbers-associated-press-spins-the-numbers-again-unemployment-returns-to-9-6/
JaneWI- Monster Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
A more recent number:
Employers must create about 100,000 to 125,000 jobs a month just to keep up with the number of new people entering the workforce.
http://www.ocregister.com/articles/report-290379-jobs-adp.html
Employers must create about 100,000 to 125,000 jobs a month just to keep up with the number of new people entering the workforce.
http://www.ocregister.com/articles/report-290379-jobs-adp.html
JaneWI- Monster Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
And yet another number:
This data is telling us that employment is below the levels needed to absorb the young entering the workforce (which needs to exceed 150,000 per month).
http://econintersect.com/wordpress/?p=5611
This data is telling us that employment is below the levels needed to absorb the young entering the workforce (which needs to exceed 150,000 per month).
http://econintersect.com/wordpress/?p=5611
JaneWI- Monster Poster
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Join date : 2011-02-13
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
mrgolf wrote:Thanks. Do you happen to have a link?Quiethawk wrote:mrgolf wrote:Does anyone have the number of jobs that must be created each month just to break even?
It takes 125,000 to break even with population growth
http://www.huffingtonpost.com/michael-thornton/a-top-10-real-unemploymen_b_803970.html
I trust that he has done the research into the numbers.
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Quiethawk wrote:mrgolf wrote:Thanks. Do you happen to have a link?Quiethawk wrote:mrgolf wrote:Does anyone have the number of jobs that must be created each month just to break even?
It takes 125,000 to break even with population growth
http://www.huffingtonpost.com/michael-thornton/a-top-10-real-unemploymen_b_803970.html
I trust that he has done the research into the numbers.
I get curious on things and like to research them, but today is not a good day for me to be looking at BLS numbers.
JaneWI- Monster Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Because the ADP corporation is run by corrupt amoral lying monsters.JaneWI wrote:I wonder why ADP and BLS are coming up with such different numbers.
"In January, ADP reported an increase of 187,000 private sector jobs. The BLS reported only 36,000 new positions, public and private sector. (On Friday, the Bureau of Labor Statistics will release the government's official unemployment report for February.)"
Phillymg- Super Poster
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Age : 65
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Don't hold back. How do you really feel about ADP?Phillymg wrote:
Because the ADP corporation is run by corrupt amoral lying monsters.
mrgolf- Monster Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Phillymg wrote:Because the ADP corporation is run by corrupt amoral lying monsters.JaneWI wrote:I wonder why ADP and BLS are coming up with such different numbers.
"In January, ADP reported an increase of 187,000 private sector jobs. The BLS reported only 36,000 new positions, public and private sector. (On Friday, the Bureau of Labor Statistics will release the government's official unemployment report for February.)"
I would really like to know who is behind this group. Curiosity and all that.
JaneWI- Monster Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
mrgolf wrote:Don't hold back. How do you really feel about ADP?Phillymg wrote:
Because the ADP corporation is run by corrupt amoral lying monsters.
JaneWI- Monster Poster
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Join date : 2011-02-13
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Every time I read about "number of private sector jobs created" I wonder just how many of them are full time, permanent jobs with benefits that pay a middle- class wage (min. $20.00/hour)...my guess, too few.
Do they count EVERY low-wage, temp./contract/ part-time job - no matter if it's just a day labor position, or short-term contract job?
Do they count EVERY low-wage, temp./contract/ part-time job - no matter if it's just a day labor position, or short-term contract job?
Kat- Premium Poster
- Posts : 135
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Kat--the answer to your question is yes.
Phillymg- Super Poster
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Age : 65
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Another reality check!!
unemployed2long/1208- Elite Poster
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Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Announced U.S. Job Cuts Rose 20% From Year Ago, Challenger Says
http://www.bloomberg.com/news/2011-03-02/announced-u-s-job-cuts-rose-20-from-year-ago-challenger-says.html
Employers in the U.S. announced more
job cuts in February than in the same month last year, led by a
surge at government agencies.
Planned firings increased 20 percent to 50,702 last month
from February 2010, the first year-over-year gain since May
2009, according to a report today from Chicago-based Challenger,
Gray & Christmas Inc. Announcements at federal, state and local
government offices almost tripled from last year.
“More job cuts at the federal level are expected in the
months ahead as pressure mounts to cut costs and rein in the
soaring national debt,” John A. Challenger, the outplacement
company’s chief executive officer, said in a statement.
http://www.bloomberg.com/news/2011-03-02/announced-u-s-job-cuts-rose-20-from-year-ago-challenger-says.html
Employers in the U.S. announced more
job cuts in February than in the same month last year, led by a
surge at government agencies.
Planned firings increased 20 percent to 50,702 last month
from February 2010, the first year-over-year gain since May
2009, according to a report today from Chicago-based Challenger,
Gray & Christmas Inc. Announcements at federal, state and local
government offices almost tripled from last year.
“More job cuts at the federal level are expected in the
months ahead as pressure mounts to cut costs and rein in the
soaring national debt,” John A. Challenger, the outplacement
company’s chief executive officer, said in a statement.
Jen- Admin
- Posts : 1684
Join date : 2011-02-12
Location : Ohio
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Jen wrote:Announced U.S. Job Cuts Rose 20% From Year Ago, Challenger Says
http://www.bloomberg.com/news/2011-03-02/announced-u-s-job-cuts-rose-20-from-year-ago-challenger-says.html
Employers in the U.S. announced more
job cuts in February than in the same month last year, led by a
surge at government agencies.
Planned firings increased 20 percent to 50,702 last month
from February 2010, the first year-over-year gain since May
2009, according to a report today from Chicago-based Challenger,
Gray & Christmas Inc. Announcements at federal, state and local
government offices almost tripled from last year.
“More job cuts at the federal level are expected in the
months ahead as pressure mounts to cut costs and rein in the
soaring national debt,” John A. Challenger, the outplacement
company’s chief executive officer, said in a statement.
I feel like I am being laid off again About 70% of the jobs that I qualify for and apply to are Federal. I just lost two likely jobs with the Federal government because of these damned budget cuts.
How is this helping the unemployed - it is destroying jobs and NOT creating them!
Sunrise- Terrific Poster
- Posts : 1829
Join date : 2011-02-12
Location : Alaska
Re: Layoffs Reach 11-Month High, But They're Not The Major Worry
Quiethawk wrote:And then you have Bernanke saying that the rise in oil prices will not affect the US economy.
http://www.huffingtonpost.com/2011/03/01/bernanke-rising-oil-price_n_830011.html
What a crock of Sh*t.....
Yeah Right.....What planet is he living on.....The more the price of oil goes up the more everything else will costs....and then the corporations will use this as another excuse.....to not hire and layoff more people......and there goes the economy......on another spiral downward dip.......
KeeptheFaith- Premium Poster
- Posts : 471
Join date : 2011-02-13
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