- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Unemployment down to 6.1%, lowest since Sept. 2008
Posted on 7/3/14 at 8:07 am to udtiger
Posted on 7/3/14 at 8:07 am to udtiger
275k of the 288k jobs added were part time
What bothers me is that people will attribute this to Obama's economic policies. If that was the case why has this taken 6 years to get UE down this low?
What bothers me is that people will attribute this to Obama's economic policies. If that was the case why has this taken 6 years to get UE down this low?
3
Posted on 7/3/14 at 8:08 am to goldennugget
So these were basically all part time summer jobs?
Posted on 7/3/14 at 8:09 am to Enfuego
quote:
Unemployment down to 6.1%, lowest since Sept. 2008 With 288k jobs added in June. Great news. LINK
Posted on 7/3/14 at 8:10 am to udtiger
quote:
when the frick was the last time that happened?
i believe it happened for a short time (like a week) a few months ago here in Texas
Posted on 7/3/14 at 8:11 am to udtiger
quote:
Very solid report.
Meh.....summer jobs taking up some slackers.
I need to see the same report as it is calculated under 2008 methods
Posted on 7/3/14 at 8:13 am to RedStickBR
quote:
More interesting will be to see what the market does when a rate hike starts looking like a near-term reality.
I consider ZIRP part of the colloquial "printing press" terminology. So yes, the Fed will look to raising interest rate if the economy begins to heat up. This will surely begin the transfer of funds from equities to bonds and this will put negative pressure on the stock market.
Posted on 7/3/14 at 8:15 am to Vegas Bengal
What begins? The recovery?
Posted on 7/3/14 at 8:17 am to Lsut81
quote:
What begins? The recovery?
I think he means more Baristas..
Posted on 7/3/14 at 8:18 am to GumboPot
True. Theoretically, higher interest rates should cause equites to be discounted at higher discount rates, meaning prices would be expected to go down unless economic strength outweighs the impact thereof.
Posted on 7/3/14 at 8:19 am to Enfuego
It's a strong report, in spite of all of the bitching. I don't know if people are sitting back waiting on a report detailing the addition of 800K full-time $60K-a-year jobs in a single month, but they should probably temper their expectations.
Better to be going in the right direction than the wrong noe.
Better to be going in the right direction than the wrong noe.
Posted on 7/3/14 at 8:19 am to CamdenTiger
quote:
I think he means more Baristas..
Im seriously curious... What begins? No doubt, the numbers are a hell of a lot better than previously.
Is this the "Recovery"? 6yrs and how many hundred of billions of dollars later?
Posted on 7/3/14 at 8:19 am to goldennugget
quote:
What bothers me is that people will attribute this to Obama's economic policies.
So when it gets worse, it's attributed his policies, but when it gets better it is not attributed to policies. Got it.
Posted on 7/3/14 at 8:20 am to goldennugget
quote:
275k of the 288k jobs added were part time
frick I was a little excited for a minute. Have a link for this?
Posted on 7/3/14 at 8:22 am to Lsut81
quote:
Im seriously curious... What begins?
Another multiple page thread on why good news is bad news.
Posted on 7/3/14 at 8:24 am to Navytiger74
quote:
Better to be going in the right direction than the wrong noe.
Yes.
Posted on 7/3/14 at 8:24 am to Vegas Bengal
quote:
Another multiple page thread on why good news is bad news.
Its def good news and a better trend than what we have seen previously...
Posted on 7/3/14 at 8:41 am to Navytiger74
quote:
It's a strong report, in spite of all of the bitching. I don't know if people are sitting back waiting on a report detailing the addition of 800K full-time $60K-a-year jobs in a single month, but they should probably temper their expectations.
Better to be going in the right direction than the wrong noe.
Posted on 7/3/14 at 8:54 am to Choctaw
quote:
It's amazing how times have changed when a 6.1% print is considered good.
I am still trying to figure out if new jobless claims are higher than the number of jobs added, the unemployment rate improves.
quote:
it's like how everyone gets excited when gas drops below $3/gallon
dammit that reminds me I have to buy gas today.
Posted on 7/3/14 at 8:56 am to GumboPot
6.1% is well within the range of what economists consider 'full employment.'
LINK
What is more worrisome here is the continuing low labor market participation rate. Which is unlikely to change much as long as entitlement programs make it more profitable to stay home and collect checks than hold down a job.
LINK
What is more worrisome here is the continuing low labor market participation rate. Which is unlikely to change much as long as entitlement programs make it more profitable to stay home and collect checks than hold down a job.
Page 2 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News