Donald J. Trump Retweeted The Daily Caller ‏ Verified account @DailyCaller 3h3 hours ago

APRIL JOBS REPORT: 263,000 JOBS ADDED, UNEMPLOYMENT AT 3.6 PERCENT

The U.S. economy added 263,000 jobs in April while the unemployment rate fell to 3.6 percent, making March the 103rd straight month of job growth, according to Department of Labor data released Friday.

Economists predicted 190,000 jobs would be added and the unemployment rate would hold at 3.8 percent, according to The Wall Street Journal. 

Donald J. Trump Retweeted Ivanka Trump ‏ Verified account @IvankaTrump May 3

Ivanka Trump‏Verified account @IvankaTrump

The last time the unemployment rate was this low we were about to land for the first time on the moon! Happy April #JobsReport and #NationalSpaceDay America!

Donald J. Trump Retweeted Chowkidar Aman_Tripathi 🇮🇳 ‏ @anshulblp1996 11h11 hours ago

AMR expects about 4,400 job cuts, warns 11,000

American Airlines is sending layoff warning notices to more than 11,000 employees although a spokesman says the company expects job losses to be closer to 4,400.
The notices went out to mechanics and ground workers whose jobs will be affected as American goes through a bankruptcy restructuring.
American Airlines spokesman Bruce Hicks said Tuesday that fewer than 40 percent of those getting notices will lose their jobs. Hicks said federal law requires the company to notify anyone whose position could change, including those who could get "bumped" by more-senior employees whose jobs are eliminated or outsourced.
American said in February that it planned to cut 14,000 jobs, including 13,000 held by union workers. But if Hicks is right, the final job losses will be about a third of that.
Over the summer American accepted

Jobless rate rises to 9.8 pct. as job growth slows

http://finance.yahoo.com/news/Jobless-rate-rises-to-98-pct-apf-4069644244.html?x=0&sec=topStories&pos=main&asset=&ccode=


Yeah right, "We're" looking real good.



The nation's unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed.

Employers added only 39,000 jobs last month, a sharp decline from the 172,000 created in October, the Labor Department reported Friday. The weakness was widespread. Retailers, factories, construction companies, financial firms and the government all cut jobs last month.

Many economists were predicting the addition of nearly 150,000 jobs. The economy has recently flashed signs of gaining momentum with busier factories, rising auto sales and a good start to the holiday shopping season. But that didn't translate into mass hiring in November.

IMF fears 'social explosion' from world jobs crisis

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8000561/IMF-fears-social-explosion-from-world-jobs-crisis.html

Oh looky there, another eye opening wisdom spewed from another extension of the world government's money sucking leech.
The one that won't stop until we're bled out.

America and Europe face the worst jobs crisis since the 1930s and risk "an explosion of social unrest" unless they tread carefully, the International Monetary Fund has warned

"The labour market is in dire straits. The Great Recession has left behind a waste land of unemployment," said Dominique Strauss-Kahn, the IMF's chief, at an Oslo jobs summit with the International Labour Federation (ILO).

Census Worker Claims Job Numbers Are Being Inflated

http://www.realclearpolitics.com/video/2010/06/03/census_worker_claims_job_numbers_are_being_inflated.html



"What they do is hire you, they train you like a few weeks -- 35, 40 hours of training and give you six hours of productive work and lay you off." a former Census named "Maria" tells FOX News. "Maria" further explains they rehire you so it counts as a new job.

U.S. Economy: Payrolls Trail Forecasts in Sign Growth May Cool
http://www.bloomberg.com/apps/news?pid=20601087&sid=ar_thYFiXUk4

American companies hired fewer workers in May than forecast and workers dropped out of the labor force, indicating government support is still needed to spur economic growth.

Private payrolls rose by 41,000, Labor Department figures showed today, trailing the 180,000 gain forecast by economists. Including government workers, employment rose by 431,000, boosted by a jump in hiring of temporary census workers. The jobless rate fell to 9.7 percent from 9.9 percent

U.S. Economy Added 162,000 Jobs in March, Most in 3 Years

http://www.nytimes.com/2010/04/03/business/economy/03jobs.html?partner=rss&emc=rss


The American economy added 162,000 jobs in March, offering some hope that the labor market, after shedding millions of jobs during the recession, has reached a turning point.

Multimedia
The Labor Department said Friday that the unemployment rate held steady at 9.7 percent. It is expected to worsen later this year as discouraged workers re-enter the labor force.

The pace of job growth in March was the best in three years, bolstering hopes that the still-sputtering recovery was gaining traction.

But economists sounded a cautious note, pointing out that a sizable portion of the growth came from the government’s hiring of 48,000 census workers, mostly temporary jobs. There were clear signs, however, that the private sector was slowly gaining strength: over all, it added 123,000 jobs last month.

Colo. job losses far steeper in '09, revised figures show

http://www.denverpost.com/ci_14652182

And that's just Colorado.
Who has the real number of unemployed in this country kids?
The government's were off by a million in 2008.
Inquireing minds really want to know, because until "WE" do "WE" have no real idea of the scope of the real unemployment problem in this country.


Colorado employers last year shed nearly 17,000 more jobs than initially reported, according to revised employment counts released Wednesday.

The Colorado Department of Labor and Employment reported a loss of 89,375 non-farm jobs last year based on monthly surveys.

But when those counts were squared up against the unemployment-insurance tax reports that employers file each quarter, the loss turned out to be much larger — 106,300, according to the U.S. Bureau of Labor Statistics.



Read more: http://www.denverpost.com/ci_14652182#ixzz0hsrzn8LY

The Unemployed Now Have Their Own Union

http://www.alternet.org/economy/145797/the_unemployed_now_have_their_own_union%2C_and_it%27s_catching_on_quickly



It's been only a month that a union for the unemployed has come into existence through an ingenious grassroots organizing campaign. In case you haven't heard about it, the union's name is "UR Union of the Unemployed" or its nickname, "UCubed," because of its unique method of organizing.

UCubed is the brain-child

Food Stamps Create Jobs… in India

http://abcnews.go.com/Business/Economy/story?id=7452561

It kinda makes ya sick don't it?
The banks just takin and makin...
Off "Our" country


Michele Brown has seen Americans' struggles with jobs first hand. She lives in hard-hit Florida, spent 20 years in the real estate business and recently had her days as a nanny cut back after her boss had his own hours reduced.

Several states with high unemployment rates are outsourcing their food stamp services to call centers in India, angering many residents. Michele Brown learned about Florida's outsourcing when she called regarding a problem with her benefits.
(ABC News Photo Illustration)But nothing prepared her for what happened one day when she called a toll-free line to inquire about her food stamps.

"The woman who answered the phone -- it's not like she wasn't nice or anything -- but it was kind of evident that she wasn't in the States," Brown said.

It turns out the woman was at a JP Morgan Chase call center in India.

"That really put me over the edge," said Brown, 52, of Jupiter, Fla. "It's not right because we need the work here. People are in a bad way here."

New jobless claims rise unexpectedly

http://apnews.myway.com/article/20091217/D9CL3AOG1.html

The war bill that has not passed as of yet will extend the unemployment benefits a person can collect to 99 weeks.
Just exactly how many people have fallen off it's rolls?
And why don't they keep track of that number? Is it because if they did you would actually realize just how many people are no longer working in this country?
Because that is the "Big Picture" that they are not allowing you to see.

The govenrment said that the number of people receiving regular benefits rose by 5,000 to 5.19 million for the week ending Dec. 5. That figure does not include millions of people who have used up the regular 26 weeks of benefits typically provided by the state and are now receiving extended benefits for up to 73 additional weeks, paid for by the federal government.

The people receiving extended benefits jumped to 4.73 million for the week ending Nov. 28, an increase of 143,759 from the previous week. That big rise reflected the fact that a total of 17 states are now processing claims for the extention of benefits that Congress approved last month.

Unemployment at 19%?

http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=15946638&src=finance&ch=1316259

35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969

http://www.blacklistednews.com/news-5728-0-13-13--.html


There are a few statistics that you can look at to see actual human pain in the real economy. You can look at the recent stock market rally yet even a 50+ percent rally is unable to create jobs or stem the economic pain of those at the lower end of the economic spectrum. Looking at food stamp participation from the United States Department of Agriculture shows us a very disturbing picture. When we did a report on this in August of 2009 we had 34 million Americans on food stamps. In the span of one month, the number jumped by over a million.

The raw data shows us that a stunning 12 percent of our entire population is receiving some form of food stamp assistance. The program is now called Supplemental Nutrition Assistance Program but the theme is still the same. Let us look at some of the raw data:

What rebound? Foreclosures rise as jobs and income drop

http://www.mcclatchydc.com/100/story/74106.html?storylink=omni_popular

"The rise in prime delinquencies . . . is a clear indication that employment is the driver of mortgage performance, with the worst performance coming in those areas that are combining jobs losses with large drops in home values like California and Florida," Jay Brinkmann, the group's chief economist, told McClatchy. "We won't see a turnaround in delinquencies until we see improvements in employment, most likely the middle of next year."

Forty-one states notched a rise in their foreclosure rate for prime fixed-rate mortgages in the second quarter, and prime fixed-rate loans accounted for one in three foreclosure starts. A year ago they were one in five starts.

Prime fixed-rate loans are 65 percent of all U.S. mortgages outstanding, but more than 32 percent of foreclosure starts from April to June. They also constitute 27 percent of all U.S. loans now in foreclosure, up from 17 percent in the comparable 2008 period.

The rising delinquency and foreclosure rate for prime loans creates new problems for the Obama administration

Total US jobless rolls drop sharply to nearly 6.7M

http://finance.yahoo.com/news/Total-US-jobless-rolls-drop-apf-1306581616.html?x=0&sec=topStories&pos=2&asset=&ccode=

The power of the spin

The drop in continuing claims could signal a slowing in the rise of the unemployment rate, which reached a 25-year high of 9.4 percent in May. Many economists forecast the rate could reach 10 percent by the end of the year.

Still, millions of Americans are receiving unemployment compensation under an emergency federal program authorized by Congress last summer and extended by the Obama administration's stimulus package.

About 2.36 million people received benefits under that program in the week ending May 30, an increase of more than 102,000 from the previous week. That's in addition to the 6.7 million people receiving benefits under the 26-week program typically provided by states.

44 states lost jobs in April, led by California

http://finance.yahoo.com/news/44-sta...-15328854.html


Forty-four states lost jobs in April, led by California where employers slashed 63,700 positions, as the recession took a further toll on U.S. workers.

Trailing California in over-the-month job losses were: Texas, which saw 39,500 jobs vanish; Michigan, which lost 38,400 jobs; and Ohio, where payrolls fell 25,200, according to a U.S. Labor Department report issued Friday.

California's unemployment rate dipped to 11 percent last month, fifth-highest in the country. Michigan's jobless rate was the highest at 12.9 percent, followed by Oregon at 12 percent, South Carolina at 11.5 percent and Rhode Island at 11.1 percent.

As the recession eats into sales and profits, companies have laid off workers and turned to other cost-cutting measures, such as holding down hours and freezing or trimming pay.

Since the recession began in December 2007, the U.S. has lost a net total of 5.7 million jobs. The nationwide unemployment rate now stands at 8.9 percent, a quarter-century high.

Federal Reserve Chairman Ben Bernanke and some economists hope the pace of layoffs will moderate as the recession eases its grip and likely ends later this year.

But even if employers reduce firings, the nationwide unemployment

New US jobless claims unexpectedly plunge to 601K

http://finance.yahoo.com/news/New-jobless-claims-apf-15164532.html?.v=6

Sometimes it takes a little perspective to override the perception of the so called bogus betterment

New applications for U.S. jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed Americans getting benefits climbed to a new record.

The Labor Department reported Thursday that the number newly laid off workers applying for benefits dropped to 601,000 last week. That was far better than the rise to 635,000 claims that economists expected.

But the total number of people receiving jobless benefits climbed to 6.35 million, a 14th straight record.

The four-week moving average of initial jobless claims, which smooths out volatility, totaled 623,500 last week, a decrease of more than 30,000 from the high in early April. Goldman Sachs economists have said a decline of 30,000 to 40,000 in the four-week average is needed to signal a peak.