I'll take a stab, food and drink services...so I'm guessing 100k or more of those jobs went to buspeople, fast food workers etc. Jobs traditionally held by young people but now are filled by anyone desperate enough for an income...assuming they even get hired and aren't rejected for being overqualified. How many of those construction and manufacturing jobs can and will be filled by those intrepid "undocumented residents"?
@Real4WheelDrv -interesting. Glad you brought something to the table that makes some kinda since. When in a restarting economy does it matter who fill those jobs? Also a huge argument now is decreasing population. For the past 70 years population has increases dramatically, now it is slowly dropping and the baby boomers are getting older. If population is decreasing in America at a rapid rate, well it doesn't matter which party is in power. All the baby boomers will be running up the debt with their medicare and SS checks. Unemployment will remain high due to companys shutting down because their isn't enough demand in America as their was in the 90s. I see a bleak future for America.
EXCUSES are the exclusive property of the Axelshaft/Jarrett Junta, that's what they've done in the previous four years and how they got their puppet re-elected; no point in changing a winning plan, especially when it's all you know.
Sorry, we can't make the economy work when we continue to pay people not to work and mooch off of the people who are working? Or do you think only 155K added jobs during the Christmas season is a good thing?
@kirbstomp1 - well, THIS baby boomer can't afford to retire. I'll be working at least until I'm 67. That gives me another 7 years to keep paying into the system so that some freeloaders can sit on their butts and collect welfare.
@kirbstomp1 - well, THIS baby boomer can't afford to retire. I'll be working at least until I'm 67. That gives me another 7 years to keep paying into the system so that some freeloaders can sit on their butts and collect welfare. I paid into the system all my life. It's MY turn to sit back and do nothing.
Are you happy with 58% of the jobs created under Obama being low paying jobs? Are you happy with job report after job report being dominated with service industry jobs? Good news, McDonalds and Wal-mart are hiring!
No excuses here sir. But some reality. 155,000 jobs in the Christmas season is pathetic. And most those jobs were Wal Mart and McDonald's. Am I personally blaming the Obama Administration? No I am not. Am I personally blaming Corporate America? Yes I am. You see there are no better jobs unless you have a masters today because all those middle class jobs are now 5.00 a day jobs in China, India and Indonesia and such. But an unemployment rate of over 7% says Obama's stimulus isn't working. Yeah the liberals will say "it would have been worse without it". No it wouldn't. GM went through bankruptcy despite all money and they will never pay it all back. There is no excuse for that. THAT i hold Obama responsible for. There was NO excuse for Solyandra. There is NO excuse for Fannie Mae and Freddie Mac. Those loans could have been rewritten at an affordable rate and the rest eaten and this country out from under it long long ago. Instead Obama gives money and the homes to the banks,. That's just bullshirt.
@jessejaymes I understand the frustration. However you have to understand that if GM and Chrysler both went through an unbacked bankruptcy, Ford would have gone under as well. This would have caused a ripple effect in the whole system. Many suppliers would've went out of business. Manufacturing sector would've taken us to hate in this country would not be in a good place right now. Even the non- American auto companies in the south Would have taken a hit because many of them get their supplies from the same companies.
155,000 jobs in December accounts for seasonal workers at department stores paying $10 and under per hour. What they fail to tell us is the other issue of the number of jobs needed to keep up with population growth which is 90,000 to 125,000 people, so that big number isn't really that big after all, ranging from 30,000 - 65,000 actual new jobs created...and that's fairly stagnant, and the unemployment rate of 7.8% hasn't changed.
We're just sitting in mud, spinning our tires and going nowhere in a hurry.
@Waynestew That doesn't excuse our government from not making loans that have to be repaid in full with interest. GM just had the most profitable year in their history and still we lose hundreds of millions for bailing them out?
@jessejaymes The new GM and Chrysler have paid their loans back in full with interest. This equals 85% of the total bailout package. The other 15% we are currently trying to recoup because the old companies are still yet going through the liquidation. And tax payers own stock in the company that when sold can also recoup the remaining bailout money.
@jessejaymes The article that you provided is based upon speculation and projections. These things are irrelevant because they haven't happened yet. I base my opinion on the facts of today. if you go to the Politifact.com you'll see the actual numbers. Not what people might speculate to happen in 2013 or 2014.
@Waynestew Well ya know I just took the first one I found. I read when they sold that first bunch of stock and the Fed said they would lose that money. You of course being a blind apologist for "your side" will take a different view. I reject that thinking from both the left and right extremists. You can alibi bad government all you want (both sides) and you do as long it's "your party". Whatever man. We lost our ass on the bailouts and stimulus and everyone of those companies and billionaires should have to repay every dime with interest. Obama is a damn community organizer man. He has less experience with finances than I do. And I'm not a right winger. I'm a moderate. the ONLY reason that man is still president is because of the Tea Baggers moving Romney to the right. If he could have gotten the nomination being who he really always has been he would have beaten Obama easily. Obama is not a good president. Clinton was a good president. Tough, smart, had some balls. Obama is a wuss fish out of water.
@jessejaymes Understand this I have NO party affiliation. I don't disagree with you on Obama. He has a background in law not finance. I just won't go as far as the say he's a total idiot, or a wuss. I wish he had a little more fight in him, But I do like his cool demeanor. I agree the auto industry should pay back the bailout money. Now I could be biased as I am from Detroit. I know many people who work in and around the auto industry and if that industry died everyone's life would have basically been over. However, I don't know why this makes me a blind apologist? Whatever that means. I do not blame the tea party for Romney's defeat. If Romney had any integrity he would have remained who he was and not let anyone push him into being someone he was not. Obama may not be the best president but at least he has consistently been himself.
The reason why unemployment will continue to rise even with new jobs is because many businesses are cutting employees work hours because the Obamacare employer mandate. Allot of people will find themselves working two part time jobs to make end meet.
What do you mean, excuses? This is another dismal report. The economy needs 358,000 jobs created per month to bring down our unemployment to "normal" levels within the next 3 years. So this is a drop in the bucket. At this rate, unemployment stays about where it is forever. There are actually a little under 200,000 people added to the potential workforce every month as children become adults and gradutate from schools. The unemployment + discouraged workers no longer looking for work + underemployed part time workers who want full time work remains stuck at over 14%. This is the great lie of the Obama number crunchers...the economy remains dismal but the Liberal spin makes everything look just peachy.