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Economy
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Title: Wall Street Jumps on Jobs Data; Oil Falls More
Source: New York Times
URL Source: http://www.nytimes.com/2011/05/07/business/global/07markets.html
Published: May 6, 2011
Author: THE ASSOCIATED PRESS
Post Date: 2011-05-06 10:24:28 by lucysmom
Keywords: oil, jobs, economy
Views: 43945
Comments: 53

The biggest corporate hiring spree in five years is reversing a weeklong slide in the stock market. Add to Portfolio

The government, in its latest snapshot on employment, said the economy added 244,000 jobs overall last month, well above the 185,000 jobs that analysts had forecast. Private employers created 268,000 jobs , the report said.

The unemployment rate rose to 9.0 percent from 8.8 percent in part because it counted more people who resumed looking for work.

Indexes jumped sharply at the open, with the Dow Jones industrial average rising 131.08 points, or 1 percent. The broader Standard & Poor’s 500-stock index gained 13.72 or 1 percent, while the technology heavy Nasdaq rose 25.81, or 0.92 percent.

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#1. To: Capitalist Eric, A K A Stone, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mcgowanjm (#0)

The government, in its latest snapshot on employment, said the economy added 244,000 jobs overall last month, well above the 185,000 jobs that analysts had forecast. Private employers created 268,000 jobs , the report said.

Oops, bad news, guys.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   10:27:06 ET  Reply   Trace   Private Reply  


#2. To: lucysmom (#1)

The government, in its latest snapshot on employment, said the economy added 244,000 jobs overall last month, well above the 185,000 jobs that analysts had forecast. Private employers created 268,000 jobs , the report said.

Unemployment is back to 95.

25% of these jobs your touting here, Lucy, require wearing a paper hat at a McDonald's drive thru window.

And Biden predicted 500,000 jobs per month, remember? And he wasn't relying on a fast food giant the administration would prefer disappeared from the face of the earth (ask the 1st wookie about that one).

bin Laden's last Facebook Post: 'Brb! Someone's at the door!'

Badeye  posted on  2011-05-06   10:32:42 ET  Reply   Trace   Private Reply  


#3. To: Badeye (#2)

Her daughter's name is Lucy, numbnuts.

Fred Mertz  posted on  2011-05-06   10:35:57 ET  Reply   Trace   Private Reply  


#4. To: Fred Mertz (#3)

Her daughter's name is Lucy, numbnuts.

Yes, dickhead, I know.

I figured it was better than 'goofy's mom'.

Don't you have a gambling habit to fix, or a horse to have carnal knowledge with?

bin Laden's last Facebook Post: 'Brb! Someone's at the door!'

Badeye  posted on  2011-05-06   10:41:03 ET  Reply   Trace   Private Reply  


#5. To: Badeye (#2)

Unemployment is back to 95.

Really, 95?

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   10:44:01 ET  Reply   Trace   Private Reply  


#6. To: Badeye (#4)

Yes, dickhead, I know.

Yes, Fred just told you.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   10:45:41 ET  Reply   Trace   Private Reply  


#7. To: lucysmom (#5)

Sorry, typo.

Unemployment is now back to 9%.

I missed the shift key...I'm sure the grammar/spelling police want me shot for it lmao.

Oh, and today 1 out of 7 Americans are on foodstamps, highest number in US history.

They aren't amused with how 'hope and change' turned out.

bin Laden's last Facebook Post: 'Brb! Someone's at the door!'

Badeye  posted on  2011-05-06   10:46:35 ET  Reply   Trace   Private Reply  


#8. To: lucysmom (#6)

I was trying to be polite, goofy's mom.

You don't want to acknowledge unemployment just went back up to 9%.

Fine by me, neither does Owe-bama.

bin Laden's last Facebook Post: 'Brb! Someone's at the door!'

Badeye  posted on  2011-05-06   10:47:40 ET  Reply   Trace   Private Reply  


#9. To: Badeye (#2)

25% of these jobs your touting here, Lucy, require wearing a paper hat at a McDonald's drive thru window.

A job is a job, Boofer.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   10:48:26 ET  Reply   Trace   Private Reply  


#10. To: Badeye (#7)

Oh, and today 1 out of 7 Americans are on foodstamps, highest number in US history.

Obviously the remedy is to take away the food stamps.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   10:48:56 ET  Reply   Trace   Private Reply  


#11. To: lucysmom (#5)

Really, 95?

Chyea...would you expect someone who cannot grasp the concept of contractions to grasp the concept of the "shift" key?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   10:50:03 ET  Reply   Trace   Private Reply  


#12. To: Badeye (#8)

You don't want to acknowledge unemployment just went back up to 9%.

I knew you could find the dark cloud around the silver lining.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   10:51:17 ET  Reply   Trace   Private Reply  


#13. To: lucysmom (#10) (Edited)

Obviously the remedy is to take away the food stamps.

Yep...and the GOP can take them away and replace them with an edible voucher and then claim "We saved the WIC program!!!"

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   10:51:31 ET  Reply   Trace   Private Reply  


#14. To: war (#11)

Chyea...would you expect someone who cannot grasp the concept of contractions to grasp the concept of the "shift" key?

Or proofread.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   10:58:12 ET  Reply   Trace   Private Reply  


#15. To: lucysmom (#14)

Chyea...how you doing? Happy Mother's Day...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   10:58:41 ET  Reply   Trace   Private Reply  


#16. To: war (#13)

Yep...and the GOP can tale them away and replae them with an edible voucher and then claim "We saved the WIC program!!!"

Imported rice paper no doubt.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   11:00:19 ET  Reply   Trace   Private Reply  


#17. To: lucysmom (#1)

Oops, bad news, guys.

You believe everything the propagandists tell you, don't you?

They tell you unemployment is 9.X%, and you think we're just doing swell, right? During the Great Depression, unemployment was 25-35%... Our real unemployment rate is currently about 23%, when you strip away all the government manipulations to the numbers. If you were paying attention, this would already be evident.

Oh, you don't want to talk about that, let's talk GDP, yes? "Helicopter Ben" Bernanke claims we're growing at around 2%... But again, when you strip away the manipulations, REAL GDP is in the negative territory, and has been so for over ten years... Of course, if you were paying attention, that would have been no surprise...

How about INFLATION? "Helicopter Ben" also tells us that inflation is ~2.5%... But a trip to the grocery store will tell you it's a lot higher... Right around 10%, at the moment...

In all seriousness, you need to turn off the TV, and start paying attention for yourself... This country is headed over the financial cliff, and there's nobody in D.C. with both the clout and strength, to stop it.

That's the truth. And whether you identify yourself with an "R" or a "D" won't mean diddly-shit... It's not about politics, "partisanship" or whatever PC- term you want to use... it's about numbers, economics. In short, we're OUT of money. Our credit-cards are maxxed-out, and we're not even able to make minimum payments. GET IT?

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:04:22 ET  (3 images) Reply   Trace   Private Reply  


#18. To: Capitalist Eric, lucysmom (#17)

If you want to send Erica into a tizzy...ask him to source his graphs...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   11:05:57 ET  Reply   Trace   Private Reply  


#19. To: war (#15)

Chyea...how you doing? Happy Mother's Day...

I am well - really busy.

Thank you for the good wishes.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   11:07:59 ET  Reply   Trace   Private Reply  


#20. To: Capitalist Eric (#17)

But again, when you strip away the manipulations, REAL GDP is in the negative territory, and has been so for over ten years...

So then you admit Bush and his Republican majority and tax cuts trashed the economy.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   11:13:45 ET  Reply   Trace   Private Reply  


#21. To: war (#18)

If you want to send Erica into a tizzy...ask him to source his graphs...

Well, DwarF, you're still the forum piece of shit...

Here, I'll make it simple, even for a moron like YOU...

Right-click on any of the charts, and then click "properties."

Or, if you want to educate yourself, go to www.shadowstats.com, and click "Content Index" and then click on "Primers and Reports."

Since you argue against his primers and reports, I'd certainly like to see you produce credible evidence to support your viewpoints...

But then again, your viewpoint is a bit... distorted.

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:14:22 ET  (1 image) Reply   Trace   Private Reply  


#22. To: Capitalist Eric, lucysmom (#21)

Toldja...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   11:22:57 ET  Reply   Trace   Private Reply  


#23. To: Badeye (#2)

Unemployment is back to 95.

Yes, unemployment is a lagging indicator.

The unemployment rate edged up to 9.0%, ending a streak of four straight months of declines. Economists had forecast it would remain unchanged at 8.8%.

The rate often increases as the job market improves and previously discouraged workers return to labor force. An additional 113,000 people who were not previously counted among the unemployed, reentered the labor force in April.

"It's ironic, but a rising unemployment rate in this situation is not a bad thing," said Tig Gilliam, president of the North American unit of job placement firm Adecco.

"Thats because your basically and idiot."
Badeye posted on 2011-04-29 10:30:22 ET

go65  posted on  2011-05-06   11:24:37 ET  Reply   Trace   Private Reply  


#24. To: lucysmom (#20)

So then you admit Bush and his Republican majority and tax cuts trashed the economy.

if we were seeing this kind of recovery under President McCain, i'm sure our GOP-leaning friends would have a much different view.

"Thats because your basically and idiot."
Badeye posted on 2011-04-29 10:30:22 ET

go65  posted on  2011-05-06   11:25:51 ET  Reply   Trace   Private Reply  


#25. To: lucysmom (#20)

So then you admit Bush and his Republican majority and tax cuts trashed the economy.

It's been on a downward trend since the mid-80's.

This can also be seen below... If you look strictly at manipulated GDP numbers, you could say, "oh, we've been growing all this time." But our government has been borrowing heavily, to maintain that illusion, leading to where we are now...

As I told you before, BOTH sides of the aisle are responsible. A "republican" president with a democrat congress, a "democrat" president with a republican congress... No matter who sits in the White House, the trend continues unabated.

Now... can you get PAST this R vs. D false-dichotomy?

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:27:37 ET  (1 image) Reply   Trace   Private Reply  


#26. To: war (#22)

Right on cue. Funny how that knee jerk thing works.

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   11:29:09 ET  Reply   Trace   Private Reply  


#27. To: lucysmom, Capitalist Eric (#20)

So then you admit Bush and his Republican majority and tax cuts trashed the economy.

I don't remember Eric ever being a fan of Bush or his policies.

mininggold  posted on  2011-05-06   11:32:54 ET  Reply   Trace   Private Reply  


#28. To: mininggold (#27)

Hey!!!!

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   11:34:21 ET  Reply   Trace   Private Reply  


#29. To: Capitalist Eric (#25)

It's been on a downward trend since the mid-80's.

This can also be seen below... If you look strictly at manipulated GDP numbers, you could say, "oh, we've been growing all this time." But our government has been borrowing heavily, to maintain that illusion, leading to where we are now...

Mid 80s - are we talking about saint Ronald and his voodoo economics?

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   11:35:05 ET  Reply   Trace   Private Reply  


#30. To: war (#28)

Hey!!!!

How goes it?

mininggold  posted on  2011-05-06   11:37:07 ET  Reply   Trace   Private Reply  


#31. To: lucysmom, war, A K A Stone, Rudgear, CZ82, jwpegler, harrowup, hondo68, (#26)

Right on cue. Funny how that knee jerk thing works.

If shutting down a liar is a "knee jerk thing," then I'm good with that.

I put up on MY side, DwarF... Now put up on yours, or STFU.

Ping to the forum posters who know shit from shinola about economics.

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:38:44 ET  Reply   Trace   Private Reply  


#32. To: mininggold (#30)

Very well...I was out your way last week. Beautiful weather...made it down to the Half Moon Bay area for a bit...

How have you been?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   11:38:45 ET  Reply   Trace   Private Reply  


#33. To: mininggold (#27)

I don't remember Eric ever being a fan of Bush or his policies.

Some of them I supported at the beginning... like the invasion of Afghanistan and Iraq...

I know better, now.

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:40:45 ET  Reply   Trace   Private Reply  


#34. To: lucysmom (#12)

I knew you could find the dark cloud around the silver lining.

If you think 60,000 plus new jobs wearing a paper hat at McDonalds is a 'silver lining'...well, maybe thats a step up for you, I don't know.

I remember the uber liberals claiming when we had below 5% unemployment during the Bush era it was 'only Mcdonald's jobs' with such disdain....(laughing)

Personally, I appreciate the great service you and your co workers provide me there, goofy.

bin Laden's last Facebook Post: 'Brb! Someone's at the door!'

Badeye  posted on  2011-05-06   11:44:16 ET  Reply   Trace   Private Reply  


#35. To: lucysmom (#29)

Mid 80s - are we talking about saint Ronald and his voodoo economics?

And the democrat congress...

look at the signature of go56, to understand the significance of that fact...

Do you get that it's not a R vs. D thing yet?

Do you get that it's a BANKSTER thing yet???

Do you understand that the Fed put together a national PONZI-scheme???

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:44:24 ET  Reply   Trace   Private Reply  


#36. To: Capitalist Eric (#31)

If shutting down a liar is a "knee jerk thing," then I'm good with that.

War: "If you want to send Erica into a tizzy...ask him to source his graphs..."

Okay, where is the lie?

The Republican budget goes after children and the poor. Courage would be going after defense and the rich. Bill Maher

lucysmom  posted on  2011-05-06   11:47:06 ET  Reply   Trace   Private Reply  


#37. To: Badeye, lucysmom (#2)

25% of these jobs your touting here, Lucy, require wearing a paper hat at a McDonald's drive thru window.

You think Republicans will add high paying jobs when they are cutting education?

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-05-06   11:49:25 ET  Reply   Trace   Private Reply  


#38. To: lucysmom (#36)

He insinuates that I don't source.

I do.

ALWAYS.

Socialist ass-hats think "There will be no more money when the U.S. dollar has no value, until that time we can keep printing more." And yes, that IS from LF's answer to Ben Bernanke, go65, leading disfunctional and delusional socialist of the forum.

"You want me to kill THE ENEMIES of Jappos, I'll kill THE ENEMIES of Jappos, Rebs, or Sioux, or Cheyenne... For 500 bucks a month I'll kill whoever you want. But keep one thing in mind: I'd happily kill you for free." Algren, "The Last Samurai"

Capitalist Eric  posted on  2011-05-06   11:54:31 ET  Reply   Trace   Private Reply  


#39. To: war (#32)

Very well...I was out your way last week. Beautiful weather...made it down to the Half Moon Bay area for a bit...

How have you been?

You picked a good time, as we have had nice weather lately. It even got 94 here day before, but the Pacific air conditioning has now cooled it down some. I've been busy trying to take care of the ranch and an ailing relative while fighting off all the gophers before they kill all my raspberries and blueberries. We are surrounded by vineyards now so that means we are the safe haven for the local gophers and deer, and other critters.

mininggold  posted on  2011-05-06   12:01:14 ET  Reply   Trace   Private Reply  


#40. To: Capitalist Eric (#38)

That wasn't what I was insinuating.

Feel free to guess again...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-06   12:02:27 ET  Reply   Trace   Private Reply  



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