US unemployment ticks up
July 8, 2011 1:34 PM Subscribe
US unemployment ticks up America's unemployment level worsened a bit, unexpectedly, upticking to 9.2%.
This post was deleted for the following reason: Unemployment sucks, but a post about it needs to look beatify than just Here's The Latest Numbers to make sense on the front page. -- cortex
I love that every month's unemployment numbers, no matter how good or bad they are, are always different from what the economists were expecting for that month.
posted by Cloud King at 1:45 PM on July 8, 2011
posted by Cloud King at 1:45 PM on July 8, 2011
So when are these businesses going to create all those jobs that were promised when they got their tax cuts and bailouts? Seriously, what more do they want? Zero taxes? Many already pay no taxes (I'm lookin' at you GE). Money from the government? They get plenty of that too. So where are the fucking jobs? What else do they want? Eventually the Laffer curve flattens out. We can do what the Republicans want, and cut social security and medicare, but I don't see what that does for business. Do they want total default? How does that help them? Do they have models in place for a post-state, ammunition and human-ears based economy?
posted by TheWhiteSkull at 1:47 PM on July 8, 2011 [1 favorite]
posted by TheWhiteSkull at 1:47 PM on July 8, 2011 [1 favorite]
Real unemployment is even higher. Hey, I know, why don't we slash the federal budget? All we need to do is start Mexican Repatriation and the channeling of Hoover will be complete.
posted by mullingitover at 1:48 PM on July 8, 2011
posted by mullingitover at 1:48 PM on July 8, 2011
Sorry, that should read "ammunition and human ears-based economy."
posted by TheWhiteSkull at 1:50 PM on July 8, 2011
posted by TheWhiteSkull at 1:50 PM on July 8, 2011
I guess maybe some of the millions of people who quit looking for jobs heard the news tell them the economy was turning around and decided to look for jobs again.
posted by graventy at 1:52 PM on July 8, 2011 [1 favorite]
posted by graventy at 1:52 PM on July 8, 2011 [1 favorite]
What's with the "nonfarm" qualifier?
Migrant farmworkers. They mess up the statistics because they're either massively employed or massively unemployed depending on what's being harvested or not. I think this goes all the way back to when they started collecting the statistics.
posted by zomg at 1:56 PM on July 8, 2011
Migrant farmworkers. They mess up the statistics because they're either massively employed or massively unemployed depending on what's being harvested or not. I think this goes all the way back to when they started collecting the statistics.
posted by zomg at 1:56 PM on July 8, 2011
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posted by punkfloyd at 1:41 PM on July 8, 2011 [3 favorites]