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In reply to the discussion: MSNBC: Jobless Rate Drops to Lowest Level in Almost Three Years [View all]Mopar151
(10,348 posts)62. I interviewed this morning at a Chinese-owned company who is gradually "onshoring" in the US
Very precise printing machinery, and the Chinese job shops cannot consistently produce parts of the necessary quality
And there is lots of underemployment to make up as well.
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The CNBS crew are asses. You want fairly balanced news and business watch Bloomberg
still_one
Feb 2012
#27
The news itself should be accurate, and it is on Bloomberg, however, there are various opinions
still_one
Feb 2012
#59
In January the number of employed people jumped 631,000, after adjusting for new population estimate
fasttense
Feb 2012
#104
Roaring number of jobs added. Thats a net of 100,000+ jobs more than predicted.
Firebrand Gary
Feb 2012
#2
Payroll employment rises 243,000 in January; unemployment rate decreases to 8.3%
mahatmakanejeeves
Feb 2012
#7
Everyone else is reporting 243,000 jobs in January. Wonder why the difference in the number(?)
Tx4obama
Feb 2012
#8
Perhaps it is the net number of jobs--private sector jobs gained minus government jobs lost.
flpoljunkie
Feb 2012
#13
It is the net number of jobs created--private sector jobs gained minus public sector jobs lost.
flpoljunkie
Feb 2012
#16
I interviewed this morning at a Chinese-owned company who is gradually "onshoring" in the US
Mopar151
Feb 2012
#62
Employers added 243,000 jobs in January, the Labor Department reported Friday ...
Tx4obama
Feb 2012
#15
Its hard to tell ... my guess is that the Manufactured Outrage Machine is currently ...
JoePhilly
Feb 2012
#32
It's not news bad or good. The numbers are so cooked, it's not even based in reality.
Safetykitten
Feb 2012
#30
Why anyone thinks losing 1.2 million people from the labor force is good is beyond me.
former9thward
Feb 2012
#64
Actually 250K people came back into the work force, what you are talking about was adjustment to the
Change Happens
Feb 2012
#72
Oh my, reducing the population rate really does hide the unemployment problem significantly.
fasttense
Feb 2012
#102
People like something simple that they can say is a "good" number or a "bad" number.
tclambert
Feb 2012
#100