Jobs recovery suffers setback in March

Comments (33)

Really? To use the parlance of the day…”hogwash”. Please stop the fluff pieces, and go back to journalism school.

Apr 05, 2012 12:47am EDT  --  Report as abuse
WallaBingBang wrote:

I think it is amazing how, as we get closer to elections, news about the economy gets better. Why don’t we just have elections every year! Then we can have good news all the time.

Apr 06, 2012 2:02am EDT  --  Report as abuse
kenbo0422 wrote:

I don’t believe for a moment that the unemployment figures are even close to correct. Using places like ADP is a farce for getting accurate data. If you want to know what the job market is like, just go to several local areas and look at the available jobs, and the types of jobs that are available, as compared to 2007-2008… or is this too much work? I’m employed… at half my previous salary, and not in as much of a ‘high-tech’ position as before. That also needs to be taken into consideration. America could be 100% employed under these conditions, and still bring in less than before the recession. We have no manufacturing base and NEED to get rid of all the so called free trade agreements. We had them under our thumbs… why would we suddenly just let them trade for free? …and take our jobs ‘over there.’

Apr 06, 2012 5:04am EDT  --  Report as abuse
codestud3 wrote:

today’s business article in the huffington post states that most of these jobs are flipping burgers.

Apr 06, 2012 8:03am EDT  --  Report as abuse

maybe activist judges can revise the employment statistics to 1M to make Obama win… oh these judges… they are very naughty…

Apr 06, 2012 9:07am EDT  --  Report as abuse
Harry079 wrote:

“Despite the weak employment gains last month, average hourly earnings rose 5 cents”

A rose is a rose is a rose.

Apr 06, 2012 9:10am EDT  --  Report as abuse
SmartandCute wrote:

Woo Hoo – 5¢ an hour – thats a whooping $104 a year before taxes. Don’t spend it all in one place!

Apr 06, 2012 9:24am EDT  --  Report as abuse

Thank you WallaBingBang for posting exactly what I was thinking…
Touche’ to you Ocala123456789.

Apr 06, 2012 9:26am EDT  --  Report as abuse
Crash866 wrote:

USAprag & Alkaline
Spin it kids. Tell us how you will vote Obama again.

Apr 06, 2012 9:35am EDT  --  Report as abuse
pondliner wrote:

I just don’t understand how economists thought the economy would add 200,000+ jobs and that unemployment would remain steady @ 8.3% ,and when just 125000 jobs are added unemployment drops to 8.2%. I’m a small businessman (construction) and these numbers make no sense.Could someone please explain this?

Apr 06, 2012 9:43am EDT  --  Report as abuse
4ngry4merican wrote:

WallaBingBang – Amazing how as the economy gets better, news about the economy gets better.

Apr 06, 2012 9:46am EDT  --  Report as abuse
InMotion wrote:

pondliner, if you read the article it explains those numbers. Headline readers make really foolish comments.

Apr 06, 2012 9:53am EDT  --  Report as abuse
InMotion wrote:

pondliner, if you read the article it explains those numbers. Headline readers make really foolish comments.

Apr 06, 2012 9:53am EDT  --  Report as abuse
pondliner wrote:

In Motion,I reread the article and you are right. I didn’t look close enough,thanks.

Apr 06, 2012 10:36am EDT  --  Report as abuse
flashrooster wrote:

The only “hogwash” going on is righties who applaud the positive numbers when we have a Republican President and dismiss the numbers when a Democrat holds the office. If Romney were to win the election and the employment numbers continued to improved, you same people would have renewed confidence in these reports.

I can’t think of more stark evidence that far too many on the right put Party above country. They really don’t care what the numbers say. Only that it’s good for Republicans and bad for Democrats. I’m obviously no fan of the Republican Party, but I’m always happy to read or hear that the American economy is doing good regardless of who is in the White House. Silly me.

Apr 06, 2012 10:42am EDT  --  Report as abuse
USAPragmatist wrote:

Obviously not as good of a report as the last few months, but at least still adding jobs overall.

I like the Wage increases, but that does add to inflation pressures.

Just imagine how much worse it could be if not for the hiring in the manufacturing sector, notable autos, thank you President Obama for standing up to the GOP and allowing GM and Chrysler access to a small amount of the TARP money intended for Banks. GM and Chrysler would have NEVER gotten the loans from private lenders in the credit climate after the financial collapse. Could have easily lost 1 million more jobs in this industry and it would not be hiring now.

Apr 06, 2012 11:19am EDT  --  Report as abuse
Redford wrote:

A little honesty, please: 88 million in U.S. unemployed – highest ever.

Apr 06, 2012 11:43am EDT  --  Report as abuse
RexMax46 wrote:

Unemployment numbers go up – Even though they were skyrocketiing when he took office, it’s Obama’s fault

Unemployent stabilze – They’re still too high. It’s Obabam’s fault

Unemplyment numbers lower – YOU don’t have a job so the numbers must be wrong. It’s Obama’s fault.

Man, there is just no winning with some people.

Apr 06, 2012 12:36pm EDT  --  Report as abuse
Crash866 wrote:

While the unemployment rate fell to its lowest level since January 2009, that was mainly because some people gave up the search for work.

Any questions?? Tell me it’s not that but a good job by the current administration and things are “improving”.

Apr 06, 2012 12:53pm EDT  --  Report as abuse
MKM23 wrote:

@Redford
Your comment about 88 million unemployed is so incorrect it’s ridiculous. That would be nearly 33% of our country unemployed which just simply is not true.

@jeepgirl

Please post something where Obama was against mandate healthcare? I have always remembered him campaigning for it. Please tell the truth, not some garbage you made up five minutes ago.

Apr 06, 2012 2:45pm EDT  --  Report as abuse
unclepie wrote:

Canada added 82,300 jobs in March, the USA added 120,000. The USA has about 10 times the population of Canada. Do the arithmetic: to match Canada’s job growth, the US would have had to add about 823,000 jobs!
In Canada, the workers’ health care costs are paid by the government. In the US, the employers are required to shoulder the workers’ health care costs. Think that might have something to do with it? Why would any employer in his right mind hire a worker in the US? If the employee, or anyone in his family, hurts himself or has a serious illness, the employer has to foot the bill!

Apr 06, 2012 2:55pm EDT  --  Report as abuse
Dahc wrote:

For all the real folk, we know that there is no real recovery going on and there won’t be anytime soon. If you believe all of this recovery stuff, then you are not real folk

Apr 06, 2012 3:13pm EDT  --  Report as abuse

We just have to hang in there. I think that small businesses are going to really shine in terms of our economic recovery. The more we can help small businesses grow and expand, the more jobs we’ll see in our communities, which is what matters most.

With the recently passed initiative to help small businesses get access to capital, we could see more growth in that sector which would probably give the job ratings a much-needed boost.

Whether you get it from a small business loan or another financial alternative like a merchant cash advance, advances in the small business sector are the key to our recovery.

Apr 06, 2012 3:23pm EDT  --  Report as abuse
bulldancer wrote:

In the last couple of weeks I commented on various posts here in Reuters saying. Jobs are the key to economic recovery. For that cutting spending will not work at all. Taxing the richest will not help to create jobs either. The problem is the lower middle class group who in any normal economy depends on manufacturing jobs doesn’t have any jobs at all. Those jobs all went out of the country or are now done by people who are ready to take a much lower wage coming up from the low class group. One may think that I am differentiating between classes here. Accept it or not class difference exists in this country in this era. Now I guess most people understand what is the problem. I know most of you don’t need another education in understanding what the problem is. What is needed here is the understanding of how we can tackle this. For that one should answer the “How” question than the “What” or “Why” questions. How did we ended up in here in the first place? There are people who say, outsourcing, recession, uncontrolled spending, wars, unfair tax policies, etc…etc… etc.. The actual reason is trade imbalance. In economic policies there is something called “Balance Of Trade” it is if you sell $1 billion of goods here in our country, you buy $1 billion worth of our goods. This is how economies prosper. But when it comes to China, India, Brazil etc.. they sell us billions of dollars worth goods and services and buy nothing from us. That’s why jobs are all there and foreclosures and spending cuts goes on in here. To keep things that way.. China and India have devalued their currencies big time, there is the next imbalance. Now rather than spitting at each other on party lines or ideological basis, time to wake up America and stand up to the world as United States and make sure there is balance in everything or face eternal doom.

Apr 06, 2012 3:52pm EDT  --  Report as abuse
bobber1956 wrote:

Just curious how many MORE college grads comming up here in a couple months + summer jobs needed for non grads and HSers? That on top of fewer jobs available da da And right when all this happens gas will hit it’s spring/summer peak with inflation on the rise for food. The big forclosure wave comming up. Lets not forget the talk about having to raise the debt limit for what, the third time this year. And that is just our domestic problems. We see this getting better how? Sorry for the reality check.

Apr 06, 2012 4:22pm EDT  --  Report as abuse
Jeepgirl wrote:

I reported my ealier comment as abuse. The facts ae in error. Please delete it. Thank you very much.
Sincerely,
Sonya Jones

Apr 06, 2012 4:46pm EDT  --  Report as abuse
Greenspan2 wrote:

How wonderful that bad news is good news to Republicans who never previously had a problem with offshoring American jobs and manufacturing. But then America is a “winner take all” society, even justified by Divine Providence, and where “losers” deserve their own suffering for being so inadequate. God bless America.

Apr 06, 2012 4:48pm EDT  --  Report as abuse
fromthecenter wrote:

@bulldancer you are absolutely correct. It is not just mfg either, they have shipped more then a million high-tech jobs and continue to do so at an alarming rate. While you continue to see the corporate stocks rise and their board of directors raking in hundreds of millions, they have been cutting US staff by leaps and bounds. The countries that they ship these jobs don’t make enough to buy the goods and if they could wouldn’t be allowed to anyway due to their government’s putting taxes/tariffs on our goods. At some point the wages will rise in other countries, but by that time what will be left of us?

Apr 06, 2012 5:03pm EDT  --  Report as abuse
goofygoof wrote:

I just love how Reuters spins the info for Obama. We are heading into another dark time. Things are not looking up and the media needs to stop pandering to the Democrats and tell the truth. What about the story that a new wave of foreclosures is about to start? What about the unemployment rate still being above what Obama said it would be, if he got his stimulus? C’mon Reuters. Start reporting the news; not Democrat talking points.

Apr 06, 2012 7:03pm EDT  --  Report as abuse
flashrooster wrote:

Regardless of how you want to stress today’s economic news, positive or negative, the more important facts can’t be disputed, and that is that the economy has been steadily improving under Obama’s policies; the Republicans have done nothing to assist the recovery (because they are hoping the economy gets worse); and, most importantly, the very last thing the US needs at this point in this fragile recovery is to make an about face and return to the very same policies that got us into this mess in the first place, policies put in place by Bush and the Republicans. In fact, the Republicans want to double-down on Bush’s economic policies and send them into hyper-drive.

The problem with Republican economics is that it all hinges on trickle-down economics. We know trickle down doesn’t work, so why continue with policies that, not only don’t work, but are disastrous for everyone but wealthy individuals who are focused on foreign business endeavors? Domestically, they want a secure base to work out of and want to pay as little in taxes as their money can bribe to get. Other than that they don’t really care what happens to Americans. They’re thinking globally. If anyone doubts this, read over the Ryan budget plan and see if you can find anything in it that helps the Middle Class that is not totally dependent on trickle down theory.

Apr 06, 2012 7:19pm EDT  --  Report as abuse
MarvLS wrote:

What “job recovery”? The real unemployment rate is over 10%. There is no recovery of any kind, it’s just the opposite. Until we get rid of the marxists who now control this government, it will just keep on getting worse…but you won’t hear that in the mainstream media.

Apr 06, 2012 8:29pm EDT  --  Report as abuse
SanPa wrote:

Friends with 20+ yrs. experience in Tech are having a tough time getting steady work. But, local Tech companies are hiring like gangbusters … via H1B.

Wonder why Congress upped the number of H1B’s from 57K to 85K this year … its not to help anyone I know who is looking for work. And why can’t construction workers find work … is it competition from H2B and H3B journeymen who commute from homes in Tijuana?

Apr 06, 2012 8:57pm EDT  --  Report as abuse
4ngry4merican wrote:

MarvLS – “The real unemployment rate is over 10%”

No, the “real” unemployment rate is 8.2% Amazing how according to the righties the method the BLS has used to count unemployment for more than 40 years is suddenly no longer the “real” number now that the black guy is in charge.

Apr 07, 2012 10:31am EDT  --  Report as abuse
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