U.S. Job Creation Nears Four-Year High
Source: Gallup
The April Job Creation Index of +20 is based on 36% of workers nationwide saying their employers are hiring workers and expanding the size of their workforce, and 16% saying their employers are letting workers go and reducing the size of their workforce. This is similar to March, when 35% of workers reported workforce expansion at their place of work, while 17% reported workforce reduction.
The current 36% "hiring" figure is the highest since August 2008, and the current 16% "letting go" figure is the lowest since July of that year.
Read more: http://www.gallup.com/poll/154406/Job-Creation-Nears-Four-Year-High.aspx
Do you think Mittens ever gets the feeling that his political future is draining away, drop by drop?
groundloop
(11,514 posts)Despite rebups best efforts to torpedo the economy it's still improving. Makes you wonder what last ditch effort they'll try between now and November.
goclark
(30,404 posts)They want the economy down because they believe that when they are in the White House some magic will occur.
They have a total IQ of -10, GW and Co. put us in the tank and Obama has tried his best to get us out.
Iliyah
(25,111 posts)been pretty much recovered by now or close to it. I could image w/o the insane party of no, Bushies tax cuts gone, reconstruction jobs at a all time high, as well as education, fire, and police with Unions stabled. A lot of Americans living the American dream, the housing market recovering at a higher rate, many jobs and manufacturing companies staying here in the US, the war on women not too much, et al.,
The insane party of no are keeping us down and out all for the sake of their masters the corporation whores.
coalition_unwilling
(14,180 posts)survey of private employers released today paints a far more sobering picture. ADP's data suggests private employers added only 119,000 jobs last month.
http://finance.yahoo.com/news/private-survey-shows-us-hiring-123003222.html
gateley
(62,683 posts)700,000 as was happening in the Bush era.
coalition_unwilling
(14,180 posts)as many jobs monthly as the private sector is adding, thanks to various state and municipal 'austerity' programs. Net-net is that not many jobs aggregate are being added when private sector only adds 119,000. Most macroeconomists who study the subject say private and public sector new jobs need to be 150,000/month just to keep pace with growth in workforce (people graduating high school or college and starting to look for work mainly).
gateley
(62,683 posts)Dawson Leery
(19,348 posts)coalition_unwilling
(14,180 posts)klook
(12,152 posts)starting with their House majority after the mid-term elections (and of course they will), that dog won't hunt from its roof-top crate.
They took office in January 2011, and the upward trend started two full years before that.
stockholmer
(3,751 posts)That March factory orders declined 1.5% was not very surprising: the market was expecting a decline of 1.6%. However, this is not good news as the prior February increase of 1.3% was revised lower to 1.1%, netting out as a negative two month change. Where this number was troubling is that this 2.6% swing brought the index to its biggest decline since March 2009 when the pumping of trillions started.
And some other observations from the report:
Shipments, up ten consecutive months, increased $3.3 billion or 0.7 percent to $466.2 billion. This followed a 0.1 percent February increase.
Unfilled orders, up twenty-three of the last twenty-four months, increased $0.5 billion or 0.1 percent to $930.6 billion. This followed a 1.2 percent February increase. The unfilled orders-to-shipments ratio was 6.17, down from 6.24 in February.
Inventories, up twenty-nine of the last thirty months, increased $1.9 billion or 0.3 percent to $618.4 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.3 percent February increase. The inventories-to-shipments ratio was 1.33, unchanged from February.
And so on. This will shortly usher follow through revisions to Q2 GDP forecasts which is nearly half way into the quarter with less than a bang.
snip
OKNancy
(41,832 posts)onehandle
(51,122 posts)In the 1955 world he seems to have been plucked out of.
Dawson Leery
(19,348 posts)Ann would feel faint at such a horrid suggestion.
Brooks Brothers may be more in his financial bracket.
onehandle
(51,122 posts)Dawson Leery
(19,348 posts)Mittens has little chance of getting into the Whitehouse.