Korean Job Discussion Forums

[World Traveler]

http://my.barackobama.com/page/content/aprileconomicrecovery

Things are looking better. I'm excited!

[caniff]

This is a joke, right? (sometimes it's hard to detect sarcasm over the intertubers.)

[World Traveler]

No, not a joke. Things are getting better! ...at least in the United States. But this is a good sign for everyone, as the U.S. is the world's strongest economy. Hopefully, things will get a lot better in other countries soon as well.

[bacasper]

Are you seriously going to take something from a website called "barackobama.com" with absolutely NO skepticism whatsoever? Ibet you'll believe the next presidential candidate's election promises, too.

It most certainly is a joke, or more BS, from BLS. 188,000 of those were bogus jobs conjured up by their "Birth/Death" model which just assumes jobs are being created.

Watch Vision Victory explain it here in more detail. It is right at the beginning.

[AsiaESLbound]

This was also reported on MSNBC.com, but the best description is them being non-farm payroll positions. It indicative they are mostly low paying retail sales positions as it's been reported that retail sales have been picking up. New consumer credit has been hitting the market this year as credit card offers are rolling in such as, "Get a Delta card and spend $1000 in the 1st 3 months, get free miles." Many retail stores are also adding store only credit cards this season. I don't have time to cite all these statements, but it's what I read in recent times on MSNBC.com as well as receiving credit offers myself. Another consumer credit driven cycle is what I say it's cracked up to be rather than actual growth based on people generating new money through new opportunities instead of using consuming debt. It helps to have retail sales up, but that's not a real fix to get the country humming and strumming a good tune on main street.

[Jane]

Truth rule #1: Don't believe any information released from either the white house or wall street.

Truth is, the number of recent jobs added to the US economy is like water in a dixie cup vs the ocean, as right now, the REAL unemployment rate stands at 22%.

http://www.shadowstats.com/alternate_data/unemployment-charts

[.38 Special]

I'll add that even the most pro-administration TV news programs are stating that many new jobs have been added -- but unemployment has risen.

Tis the season for young folks to enter the adult workforce. Well, try to, anyway.

[Pluto]

[rollo]

There is a real building boom going on and I would say that numbers are about right. 22% where on earth did that number come from? The stock market has been going great for a year. Economy grew about 5% last quarter. oil prices are dropping and that could lead to stronger growth. The housing market bottomed and is finally rebounding. Still the unemployment rate is too high but it is getting better. What numbers would you look at if not Wall Streets or the governments?

[.38 Special]

[rusty1983]

http://www.youtube.com/watch?v=hx44xz932Xg

[bacasper]

[Jane]

I find the news on this site is accurate about 95% of the time. And about 50% of the info you'll never find on the mass media.

www.globalresearch.ca

[bacasper]

[rollo]

Sorry jane i like numbers not rhetoric. Nothing but opinions on that site. No real hard information. Just like Fox news cherry picking, in fact it seems to be modeled after Fox news. Looked at earnings reports for american companies this quarter and they looked great and this quarter could be much better.. You want to see a real catastrophe watch what is playing out in Europe. The Euro trap is just the tip of the iceberg. They have committed economic suicide. A world wide slowing is possible but there are also rising markets in other parts of the world. Germany has not recovered from being governed by a criminal Shroeder who after signing deals with the Russians went to work for the same Russian company he had signed huge gas deals with. Brazil is booming, and russia may pullout of its economic slump. there are signs that the Japanese economy is waking up.