FINALLY the jobs nos. match what I'm hearing and seeing!

[Honeycombe8]

Last edited Fri Oct 5, 2012, 08:55 PM - Edit history (1)

I was so excited, enthralled, beside myself with JOY when I heard the good news. But Republicans are acting like this totally came out of nowhere! How could this be! But the economy is so BAD!

Well, I've noticed this year that there are a lot more jobs available in my city (in my field) than during the past few years.

I heard on the news that the housing market is getting much better. New housing starts are on the rise.

I heard on the news that foreclosures were slowing down.

I heard on the news that Macy's plans on hiring THOUSANDS of temporary Christmas help this year.

Consumer confidence has been up for a few months, which perplexed "experts."

People in polls indicated they thought the country was headed in the right direction economically, which ALSO perplexed experts.

The place I work has hired over 25 people in the past year. I, myself, changed jobs this year (a middle aged worker...no problem finding a new job).

The stock market has been doing well all year.


So while the 7.8% number was a big surprise, it matches the good news I've been hearing, reading, and seeing this year. It's about time the UE number started matching the rest of the news!

Do I think that Obama would do something as dishonest as cause fake numbers to be released (even if he could, which he couldn't)? NO! There is ABSOLUTELY NOTHING in Obama's past that would indicate he's a lying, cheatin', son of a gun, who would defraud the country. Nothing. But I can see why Republicans would think that; they think that, because that IS something Romney and his thugs would do. We have SEEN Romney's character. He's not above lying to the people.

[FirstLight]

1. while the big indicators are on the upswing

the small ones are visible too. Here In rural NorCal, I have seen a house that stood half finished for two years finally being finished and maybe even lived in for the winter (and it apparently is being completed by the person who started it, no sale signs visible and the people on the project look the same as before, they have tried 3 times to complete this house, so it is quite a big indicator.) I have also seen NEW constructions happening in my neighborhood more than in the past 2 years.
Jobs in the area are still depressed locally, but it *IS* shoulder season and the snow is far to come. I think there is still fewer 'for lease/sale' signs in empty businesses than a couple years ago, but that has a ways to go yet, too.

I was just thinking this morning as I drove the kids to school and saw a guy having a 'yard sale' basically selling his tools - no doubt for rent/food. I thought while the big numbers are finally turning round...Those of us who fell, fell harder and farther...so the bounce may take a while yet, and we may never get back to similar ground.

[Honeycombe8]

3. Yes, there's a way to go yet. A long way. But I've been seeing signs bit by bit all year.

I will remember this recession for the rest of my life. So many people hurt. Caused by nothing more than greed.

But finally, some signs that the economy is on the rise.

Real estate at my company is increasing at a rapid pace. Big companies buying, leasing....sign of good times to come. Signs of businesses beginning to expand.

There are still foreclosures. There will no doubt be more layoffs. American Airlines is in big trouble. Still....people are beginning to breathe a little easier. The pressure is lifting.

[Wounded Bear]

2. I agree.....

I've seen numerous job sites pick up after many months of being idle, particularly housing tracts that stood partially finished, waiting for whatever.

As one who has been searching the job market for many, many months, it does seem that there have been increases this year in the number of "real" sounding ads out there.

IMHO, this is the final relaxing of the constipation the big corps felt over the Obama election. We've been hearing for months now about how the big corps/rich have been sitting on shit loads of cash, waiting and hoping the slowdown would drive President Obama out of office. Now that it looks like that's not going to happen, they probably think they might as well just go ahead and put that cash to work. Frankly, it must have been excruciating for most of them to not re-invest that capital. It is, after all, what they do. I expect a bit of a boom immediately after the election.

[Honeycombe8]

4. One thing companies don't like, just like the stock market...

is uncertainty. It COULD be, also, that the country has decided that Obama is likely to win, so there is no longer much uncertainty in what will be the direction of the country. Maybe.

[Wounded Bear]

5. I don't agree......I agree with Thom Hartmann......

There is always uncertainly, sometimes more, sometimes less. I consider the "uncertainty" meme a RW talking point. As I stated, I think that the big spenders have been sitting on the money to keep the economy depressed and get President Obama out. Not so much a conspiracy, but silent collusion,

Things appear to be loosening up, partly IMHO because of the seeming inevitability of Pres Obama winning, and partly because of their own greed. Sitting on that money does not generate profits and dividends.

[flyguyjake]

6. That and it's

Holiday time and these big corporations need our 47% money!!!

Walmart, Target, Toys-R-Us are hiring like MAD AND they plan on keeping 30% of the holiday workers!!!

[Honeycombe8]

7. 30%? Really? Schwing! nt