With a new employment report due Friday, Bloomberg reports economists believe the "worst U.S. employment slump in the post-World War II era may have almost ended in December, signaling the recovery will not be jobless much longer."

"Stimulus-driven gains in global demand mean American companies may need to start boosting payrolls in 2010 after eliminating 7.2 million jobs since the recession began in December 2007.".


http://politicalwire.com/archives/2010/01/03/job_losses_may_have_eased.html

Hmmm....the second such report I've seen

Elliot Stabler wrote: With a new employment report due Friday, Bloomberg reports economists believe the "worst U.S. employment slump in the post-World War II era may have almost ended in December, signaling the recovery will not be jobless much longer."

"Stimulus-driven gains in global demand mean American companies may need to start boosting payrolls in 2010 after eliminating 7.2 million jobs since the recession began in December 2007.".


http://politicalwire.com/archives/2010/01/03/job_losses_may_have_eased.html

Hmmm....the second such report I've seen

It is pretty much ending.. however could have had the same results without the trillions of dollars in waste.

Sorry but no

Of course job losses are easing, businesses still have to operate, after a while they can't let anybody else go...this last year has been a debacle.

If job losses continue to improve along with the economy ,Republicans can kiss 2010 and 2012 goodbye

Jobs always come after the investors. Now that it can be reasonably assumed that the climb in stocks to above 10,000 on the Dow (it isn't necessarily this benchmark but it's a decent example) isn't just a fleeting rally the businesses can hire workers. Why would they start hiring people before they were certain their company is doing better?

Elliot Stabler wrote: If job losses continue to improve along with the economy ,Republicans can kiss 2010 and 2012 goodbye

It'd be very ignorant to believe the economy will be turned around by 2010, or 2012, and if it ever does, Barack Hussein Obama just created the worlds largest bubble in a matter of a years time, and that'll crash the economy in due time.

Elliot Stabler wrote: Sorry but no

Recessions come and go. This one would have ended on its own, just like every other one. Yes the government needed to do something, but not the overreaction that occured.

Yeah, I don't see the economy adding 7 million jobs by 2012. The job losses may stop, but the people out of work still can't find a job. It's not getting any better for the common person, despite what Washington would like us to believe.

slide22 wrote:

Elliot Stabler wrote: Sorry but no

Recessions come and go. This one would have ended on its own, just like every other one. Yes the government needed to do something, but not the overreaction that occured.

Where do you think the overreacting occurred? Because the bailouts and stimulus's started before Obama took office.

Elliot Stabler wrote: If job losses continue to improve along with the economy ,Republicans can kiss 2010 and 2012 goodbye

First, recessions are a natural part of a semi-free market economy. While I'm glad that things appear to be on the mend, this economy was due to rebound even without BHO's $800 Billion Porkulus Sammich. Some argue that the Sammich may actually cause the next recession cycle to occur sooner than normal. We'll see.

Second, you conveniently forget that a significant number if not most Americans are very, very pissed about the Democrat-owned health care debacle and still don't approve of the massive and unprecedented spending spree being conducted on Capitol Hill in the midst of a deep recession.

Trust me: The Dems have plenty to be concerned about this November.

Keep drinking the Kool-Aid.

Job losses down? Conservative knee jerk reaction. No, absolutely false. Same result would have happened without Obama's program. Prove it. Show me how that works. Dow Jones generally doing better, between 10,000 and 11,000 on a regular basis. No, means nothing. It would do the same thing without all this waste. Show me the money. When the Obama team took over Dow was around 7,500 if I remember correctly. It's a bad thing that it's now at 10,000+? Conservatives bewail the Health Care BIll in front of Obama right now. No good, they say. There will still be 24,000 without health care. How many will still be without health care if the Bill doesn't pass? What are the Conservatives doing to insure that more Americans without health care will begin to get some type of coverage for themselves and their families? I'm not noticing much in this regard but I am somewhat amused at the Congressmen who vote against these bills designed to help the poor while sitting back and getting every medical coverage known to man, not to mention dental, psychological, and psychiatric and you name it , they've got it....for free. Talk about Socialism. I guess that Socialism is ok as long as the ones who benefit from it the most, keep it out of the hands of the unwashed. Oh, I forgot prescription drug coverage. They get that also....for free. We might as well finish off the poor completely and get rid of that Socialist evil, Social Security. In fact, I think the Conservatives should make that the basis of their next Presidential campaign. I wonder how well that will work? I can see it now...Sarah Palin on a cross country tour, pointing out why old people would be better off without Social Security. It would be funny if it wasn't so close to the possible truth.

Elliot Stabler wrote: Sorry but no

Your keen knowledge of both economics and history is mind blowing. :rolleyes:

Elliot Stabler wrote: Sorry but no

I disagree.

ernest_t_bass wrote:

Elliot Stabler wrote: Sorry but no

I disagree.

I can't decide whose argument to favor. Both presented an unbelievable amount of data and with an eloquence that is on par with some of our greatest economic minds. Look out Adam Smith and John Maynard Keynes!

I Wear Pants wrote:

ernest_t_bass wrote:

Elliot Stabler wrote: Sorry but no

I disagree.

I can't decide whose argument to favor. Both presented an unbelievable amount of data and with an eloquence that is on par with some of our greatest economic minds. Look out Adam Smith and John Maynard Keynes!

The depth of my post was in direct correlation to the depth of the quoted post, good sir.

The stimulus hasn't reached the company I work for yet, I guess.

The restaurant industry is still sucking wind in my city...there has been virtually no growth in the area.

http://www2.timesdispatch.com/rtd/business/local/article/REST06_20100105-221409/315598/#comments

fortfan wrote: The stimulus hasn't reached the company I work for yet, I guess.

Nor ours. I anticipate we'll take yet another salary cut and have more lay-offs again in the near future.

ernest_t_bass wrote:

I Wear Pants wrote:

ernest_t_bass wrote:

Elliot Stabler wrote: Sorry but no

I disagree.

I can't decide whose argument to favor. Both presented an unbelievable amount of data and with an eloquence that is on par with some of our greatest economic minds. Look out Adam Smith and John Maynard Keynes!

The depth of my post was in direct correlation to the depth of the quoted post, good sir.

I was actually hoping for you and Elliot's exchange to continue for far longer. I find it interesting when practiced language is foregone for childhood bickering or even better yet grunting. This often paves the way to pushing and shoving which then leads to blows being traded before someone decides to pick up a rock and slay the other party.

Over 10 million are out of work, and they are not coming back to work any time soon. This is a dismal situation and cannot improve until DC embraces pro-growth policies. Unfortunately, the radicals in DC are doing the exact opposite by imposing a socialist agenda upon the people and sticking them with massive debt. There is nothing coming out of DC right now that is helpful to business and to get this economy in a position to work down the joblessness. It is an unmitigated disaster in DC. and November '10 cannot arrive soon enough.

QuakerOats wrote:This is a dismal situation and cannot improve until DC embraces pro-growth policies.

What are you talking about? I think it's pretty obvious DC has embraced pro-growth policies - the govt is growing gangbusters.

Keep in mind the last recession was followed by what was characterized as a "jobless recovery". Hard not to see a similar scenario playing out, beyond an obvious expected bump in hiring because the cuts were so deep. Our last two recessions saw large subsequent gains in the internet/dot com sectors and then construction and financial services. With 0% interest rates, financial services could crank-up again as another bubble forms.

Beyond that, I don't know where sizeable job gains will come from. If you know, please tip me off because I'm looking for somewhere to put my money.

fish82 wrote:

Elliot Stabler wrote: Sorry but no

Your keen knowledge of both economics and history is mind blowing. :rolleyes:

You can throw college football in there, as well.

Elliot Stabler wrote: With a new employment report due Friday, Bloomberg reports economists believe the "worst U.S. employment slump in the post-World War II era may have almost ended in December, signaling the recovery will not be jobless much longer."

"Stimulus-driven gains in global demand mean American companies may need to start boosting payrolls in 2010 after eliminating 7.2 million jobs since the recession began in December 2007.".


http://politicalwire.com/archives/2010/01/03/job_losses_may_have_eased.html

Hmmm....the second such report I've seen

Report is out.

http://finance.yahoo.com/news/Economy-loses-more-jobs-apf-2245188994.html?x=0&.v=8