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November: All About Jobs?

YES … AND NO By FITSNEWS  ||  The U.S. economy created 321,000 new jobs in November, according to the seasonally adjusted “establishment survey” released this week by the Bureau of Labor Statistics (BLS).  Assuming that number is legit, it would represent the biggest monthly jobs boom since January 2012 –…

YES … AND NO

By FITSNEWS  ||  The U.S. economy created 321,000 new jobs in November, according to the seasonally adjusted “establishment survey” released this week by the Bureau of Labor Statistics (BLS).  Assuming that number is legit, it would represent the biggest monthly jobs boom since January 2012 – and well above October’s revised figure of 243,000 jobs.

It’s also well above the 230,000 jobs Wall Street was expecting … and above the past year’s average monthly gain of 224,000 jobs.

But again,

The nation’s unemployment rate remained 5.8 percent, while its labor participation rate – a much more reliable measure of employment health – remained stuck at 62.8 percent.  That’s troubling – especially considering more than 90 million working age Americans remain out of the workforce.

In South Carolina, the labor participation rate is 58.3 percent – the seventh-lowest mark in the country.

Most worrisome about this month’s data?  The BLS’ “household survey” – which gathers data from individual respondents – did not confirm the rosy outlook provided by employers.  That measure indicated a precipitous decline in full time jobs (-150,000) – and a modest net gain of only 4,000 new positions.

So … which figure is correct?

Good question …

We hope the higher number is accurate … just as we hope the government is correct in reporting better-than-expected wage growth last month.

After all, the 2014 holiday shopping season – a critical driver of our retail economy – could use a shot in the arm after its dismal performance on Black Friday (and its ho-hum Cyber Monday print).

But do we really believe that’s the case?  No …

In fact even left-leaning CNBC noted the big gains were “thanks to seasonal adjustments and other wizardry” and that “the jobs that were created skewed heavily toward lower quality.”

***

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71 comments

E Norma Scok December 5, 2014 at 4:45 pm

Lulz…Fits pulling the fly shit outta the corn every time.

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GrandTango December 5, 2014 at 4:49 pm

The only numbers that matter are 2016, when the GOP can get MORE Conservatives to enlarge its majority in the House and Senate..w/ the White House.

If we cannot TOTALLY reverse all the horrible S#!t y’all’s lord-god Obama has perpetrated, heaven help us…This country is in a F*#ked up mess…with no chance of repair, unless Conservative Republicans Take IT Back..and fix it…

That means telling all the FITS Liberal-Tarians and Liberals to sit down and STFU. You must be obliterated, not just defeated…….there is no alternative plan that can work…It will take heroes of a WWII nature……let’s hope we have them…

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Smirks December 5, 2014 at 5:14 pm

Oh yes, them Republicans sure will “fix” it good won’t they?

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Rocky December 5, 2014 at 7:48 pm

They did last time. Remember 2008. That was the GOP high water mark in dealing with the economy. 750,000 jobs per month – LOST. Grande Tea considered that a great display. You really gotta hate the black guy in office to think you were better off under Recession Man.

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tomstickler December 5, 2014 at 5:15 pm

Lets see, Republicans have to defend 24 seats, while Democrats only have to defend 10 in 2016.

Maybe the Democrats should hold a meeting like the Republicans did in 2008 (where McConnell declared that his job was to make Obama a one-term President) and set a goal of making McConnell a one-session majority leader.

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FastEddy23 December 5, 2014 at 7:42 pm

There are no elected “democrats” in the democrat party left. The elitist “progressives”, “just us” pretenders and radical libertine subversives have taken over democrat party representation.

Personally, I make little distinction between elected “democrats” and elected RINO republicrats … both are just greedy taxsuckers … or less.

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GrandTango December 5, 2014 at 8:10 pm

But you have to defend 8 years of Obama, and Democrat, rule…..

It sure as H#!! SUCKS to be you…..LMAO…

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You can't December 6, 2014 at 9:01 am

Name a republican who can win the presidency in 2016?

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GrandTango December 6, 2014 at 9:17 am

Name one that your stupid @$$ would admit could win…even if the Democrats don’t field a candidate, you F*#king Brain-Dead liberal cliché…Do you ignorant son of a B!*c#e$ EVER come up w/ something NEW or original???

And what’s so F*#king hilarious…your only chance is Hillary…The “I ain’t in no way teered” “What difference does it make” …Total out-of-touch, privileged, never-worked, lily white Dumb@$$…

You think Philly is going to vote at 115% capacity for that imbecile???

Like I said: It sucks to be you….LMAO….

You can't December 6, 2014 at 11:20 am

Whatever. I’ll ask your retarded ass once again…Name a republican who can win the presidency in 2016?

He Can't December 6, 2014 at 11:39 am

He’s under the impression Ben Carson is going to rise to the top. Lol. Poor Tango…at least he can dream.

GrandTango December 6, 2014 at 12:31 pm

LMAO….wouldn’t telegraph your fear, would you?…..Hahahaha…

GrandTango December 6, 2014 at 12:30 pm

Funny how your Dumb@$$ logo went from ‘Yes We Can’…to We Can’t…and it’s so appropriate…LMAO…

You can't December 6, 2014 at 3:25 pm

Still waiting for a name, any name…

GrandTango December 6, 2014 at 4:54 pm

OK Bo. I admit it. I cannot name one. How’d you figure me out. You are so smart. A F*#king genius. You win. The election is over. There is not a Republican in this country that has ANY chance against Hillary, Warren Biden or Booker. You could run Pelosi or Reid, too, and win.

You have such a STRONG bench, champing to lead. And w/ Obama’s record, along with what the Democrat House and Senate did, you got winner written all over you…..I can do nothing, but concede…

You liberals are just so D*#med smart. When they say you are the ‘best and brightest’ no doubt about it. And brilliant Democrats like you, prove it….(;

You can't December 6, 2014 at 6:10 pm

The most sensible and correct thing you’ve ever written. Even your intellectually challenged self admits the Repubs don’t have anyone with a chance at winning the Presidency. And bigoted, old hypocrites like you will continue to lose your voice in society. The future looks bright for America.

FastEddy23 December 6, 2014 at 10:59 am

Mmmmm … Who could beat Hillary? Steve Forbes could … He is older, smarter and uglier.

SCBlues December 6, 2014 at 11:02 am

“He is older, smarter and uglier.”
Lots of folks are older and uglier than Hillary – not too many smarter. (Please, please, please run Steve Forbes! LOL)
And if you’ve ever met Hillary in person (I have more than one) she is much softer and prettier in person. We can’t all be as telegenic as you, FE23!

SCBlues December 6, 2014 at 10:49 am

“But you have to defend 8 years of Obama, and Democrat, rule…..”
LOL The Fucking Idiot blathering on again with more shit.
Since more net jobs have been created under President Obama than under BOTH President Bush’s COMBINED you obviously have no fucking clue.
Republicans suck and you are a perfect example of why.

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GrandTango December 6, 2014 at 12:33 pm

LMAO..You may be the Biggest Dumb@$$ in America…I don’t think even FITS is still trying to peddle that Stupid claim any more…

Even the White House has stopped with it, too….Hahahaha…

WeaselClubber December 7, 2014 at 8:26 pm

BOTH parties suck. Partisan hacks can’t see that though.

SCBlues December 7, 2014 at 9:23 pm

“BOTH parties suck. Partisan hacks can’t see that though.”
I’m not a “partisan hack” – whatever the fuck that is. And what gripes my ass is blow-hard know-it-alls that fancy themselves better than everyone else by calling folks that actually have any opinion “partisan hacks”.

MashPotato December 6, 2014 at 7:00 am

How did that turn out for Mitch?

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SCBlues December 6, 2014 at 10:55 am

“How did that turn out for Mitch?”
Ask again in two years.
When President Clinton is elected in 2016 she’ll deal with both Boehner and McConnell – I understand her knife is even sharper than the famous one used by Lorena Bobbitt – and she plans on taking off their balls too. Oops – my bad – I forgot – they don’t have any balls.

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erneba December 6, 2014 at 11:47 am

I had rather be among the 24 Republicans Senators seeking re-election in 2016 than be among the 10 Democrats that have to defend themselves and the Obama track record. ObamaCare is still a train wreck delayed, Immigration by Obama a disaster, and the economy will not improve until we remove Obama. There may be a couple of Republican seats that appear to be competitive, but I am sure Obama will solve that for the Republicans.

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It's not December 7, 2014 at 7:05 am

Yeah, the economy is doing better. Maybe not in SC, but you morons keep electing con-artists that play to your fear of everything. How’s that working out?

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erneba December 7, 2014 at 7:17 am

If the Morons are winning by electing con-artists, it certainly does not speak well for your team.
As far as I know, it is working out quite well, the opposition does not know what to say, it has been relegated to posting inane comments.

Ya Gotz No Game, Hoss December 5, 2014 at 6:11 pm

Goddamn, Tango! You’re about as delusional as a Libertarian. Lol…

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Rocky December 5, 2014 at 7:50 pm

It’s his true liberal showing through.

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Everybody December 5, 2014 at 6:27 pm

GrandTango and most of the commenters here need to get a job to help push up SC’s employment numbers.

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Guest December 5, 2014 at 6:42 pm

You mean in the same manner how they fixed the Gov when they the House the Senate and the Executive branch for 6 years straight..you mean like that?..Plan D, the biggest attack on US soil in history, the collapse of the economy, Housing values dropped through the floor…Stock market cut in half and ..TWO poorly planned wars that went on longer than any other in history for nothing!! while giving tax breaks to the rich and corporations..yeah that was great. The good ole days for sure. Cant wait. One little stumbling block to your master plan to finish what you started in 2000..with freaks like you voting int he primaries you have no chance of putting forth an electable candidate so at least we know the chances of right wing freaks such as you taking the executive are pretty small. But dam jsut think of how you guys could finish what you started in 2000..

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grandtangosuglydog December 5, 2014 at 6:43 pm

You mean in the same manner how they fixed the Gov when the GOP controlled the House the Senate and the Executive branch for 6 years straight..you mean like that?..Plan D, the biggest attack on US soil in history, the collapse of the economy, Housing values dropped through the floor…Stock market cut in half and ..TWO poorly planned wars that went on longer than any other in history for nothing!! while giving tax breaks to the rich and corporations..yeah that was great. The good ole days for sure. Cant wait. One little stumbling block to your master plan to finish what you started in 2000..with freaks like you voting int he primaries you have no chance of putting forth an electable candidate so at least we know the chances of right wing freaks such as you taking the executive are pretty small. But dam just think of how you guys could finish what you started in 2000..

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FastEddy23 December 5, 2014 at 7:37 pm

GT: Except for the profanity, a thumbs up! Actual baseball bats are better than virtual harsh words …

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SCBlues December 6, 2014 at 10:58 am

“GT: Except for the profanity, a thumbs up!”
Something wrong with profanity? (Living in your “Taxifornia” is where I learned my best ones!)

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Sideshow Bob December 6, 2014 at 9:46 am

As I told those silly yokels in Springfield…
“Your guilty conscious might push you to vote for the Democrats, but you know you want a Republican in power to cut you taxes, brutalize criminals, and rule you like a king!”
Sideshow Bob in 2016- the only choice.

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MamaTango December 6, 2014 at 11:23 am

When you get a job, then you can comment. Till then, shut the fuck up!

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Squishy123 December 5, 2014 at 5:39 pm

Amazing, every November employment numbers go up… mostly retail jobs, it’s as if there’s something drawing people to stores at the end of the year.

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Squishy123 December 5, 2014 at 5:41 pm

If people are being hired at above expectations, why are more and more people on welfare now than ever?

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Rocky December 5, 2014 at 7:51 pm

Maybe there isn’t – maybe you should start finding a new source for your news.

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Derp December 6, 2014 at 3:27 pm

Maybe in SC, y’all crackers love you some welfare. Thank the repubs who run the state.

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Bible Thumper December 5, 2014 at 6:16 pm

The SC labor force hit a record high of 2,192,212 in October.
It increased 9,487 in October.

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Like standing in a soup line. December 5, 2014 at 6:29 pm

I just came to read what a bunch of unemployed people have to say about employment numbers.

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SCBlues December 6, 2014 at 10:59 am

“I just came to read what a bunch of unemployed people have to say about employment numbers.”
Well, get a job then, Loser!

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Like standing in a soup line. December 6, 2014 at 11:21 am

perfect example^^^

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SCBlues December 6, 2014 at 7:00 pm

“perfect example^^^”
I’ll bet I’ve been at my current job longer than you have been alive – and bet I make more in a week than you make in a month.

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Like standing in a soup line December 6, 2014 at 9:02 pm

Oh sorry, I didn’t realize I was talking with ‘big deal’. That’s nice and all, yet you constantly hang out here making insipid comments. All that work and all those years and you’re just another bored old person wanking away in the comments section of a third rate political blog. Congrats!

SCBlues December 6, 2014 at 11:44 pm

“Oh sorry, I didn’t realize I was talking with ‘big deal'”
You’re damn straight you’re talking with big deal – and don’t ever forget it either! LOL
And I see I must have struck a nerve, huh? Let me guess – pizza delivery in mommy and daddy’s car?
And what the fuck are you doing on this third rate political blog, dipshit?

Shsss, you'll wake the RNs December 7, 2014 at 12:29 am

You’re still up?

Yikes December 7, 2014 at 7:00 am

Looks like Big-T found a another screen name?

SCBlues December 7, 2014 at 10:26 am

“Looks like Big-T found a another screen name?”
Hey Sandi – Haley give you a few minutes off? Careful now, don’t want to get hacked again dear! LOL

FastEddy23 December 7, 2014 at 9:00 pm

Maybe you should get a life … in the private sector out of the g’ment unions.

SCBlues December 7, 2014 at 9:18 pm

“Maybe you should get a life … in the private sector out of the g’ment unions.”
LOL I’ve got a life. Worked in the private sector my entire life and quite successful at it. What’s you excuse?

FastEddy23 December 8, 2014 at 11:56 am

I do not believe you. If you worked in the private sector your “entire” life, you would know that The Hilldabeast has nothing for you and your’s. And unless you are still one of the Helots who swallow the “progressive” lines, you ain’t never gonna be on of the elites.

Do you still cling to that drek from your JC poli-sci socialist wannabe “instructors? Or have you been strictly blue collar unionist all along?

SCBlues December 8, 2014 at 6:03 pm

“I do not believe you”
I could give a fuck whether you believe me or not, dumbass.

FastEddy23 December 9, 2014 at 12:35 pm

One difference between a white collar worker and a blue collar worker is a blue collar worker washes his hands before he takes a pee.

Jack December 8, 2014 at 6:09 pm

Well, you sure as hell ain’t never going to be one of the elites, but you are loyal Kochsucker, and they might throw you a bone for licking their boots and begging.

FastEddy23 December 9, 2014 at 12:40 pm

LOL … Nice come back. Profane yet no profanity.

BTW: The Koch Bros. are slouches at political give away. Most national trade union and g’ment union are way ahead of the Koch’s with the political PAC cash give aways. The Koch Bros. are barely in the top 50. New York teachers unions are in the top 10, Taxifornia SEIU likewise. … Just sayin’.

GrandTango December 7, 2014 at 12:57 pm

You must work for the Obama Administration. The government took all the money from the people who earn it, to pay pieces of $#!* like you to persecute Americans and spy…in order to feed the greed of the Democrat Party.

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Got Mine, Right? December 7, 2014 at 5:37 pm

For someone on Medicaid, you sure talk a lot of shit…

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Bible Thumper December 5, 2014 at 6:43 pm

Maybe fitsnews should hire tech support. When are you going to give us the story on your site crash?

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SYN/ACK December 6, 2014 at 10:28 am

It’s likely connected to the Clemson story. I am sure the exact machine that send out the commands to infected computers ( the bot network ) has already been identified (MAC address — likely was changed a few times anyway, which is easy to do). But the server and exact point and time of origin can be found … then any security cameras come into play if they used a free wifi network.

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FastEddy23 December 5, 2014 at 7:27 pm

Meanwhile in the bowels of the DC capital building, the Taxifornia triumvirate, the Feinstein/Boxer/Pelosi cabal is working on a last gasp attempt to kill even more jobs and increase taxes.

Known collectively as “Cap and Tax” in conjunction with EPA rules changes, these job killing programs are nothing but a scam on g’ments part to illicitly boost fed and state revenues, ignoring both scientific and economic evidence to the contrary.

Whether horse whips or baseball bats, a lesson should be taught for these “progressive” elitist Fascist efforts …

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Bible Thumper December 5, 2014 at 8:44 pm

Taylor/Liz,Brown/Gunn, the Virginia rape allegations fall apart. I don’t blame that disturbed girl. Maybe she was raped, but the press blundered big time and setback rape victims. They also have harmed the accused, the fraternity and a university. WHAT SAY YOU.

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Goals December 6, 2014 at 10:16 am

The numbers not working, not in the labor force, on unemployment, negate and new “Seasonal” holiday jobs. Anyone with half a brain knows the number of temporary jobs always goes up for the Christmas Holiday season. DUH!

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Goals December 6, 2014 at 10:35 am

America needs more manufacturing jobs. Products made in America by Americans purchased by Americans. And I am not talking cars and planes. We buy too much from China, which allows China to throw Zillions into their military. China abuses its labor force to do this. You want ideas as to how, go to ebay and look at how cheap the products sell for in China. The same products here in the USA have a prices of 1000% to 10,000% higher. Its all the middle people taking a slice for doing little or nothing.
America’s labor force, the ones who work with their hands, are worth way more than some college degree jerk at DSS who manages a small group of people who do gravy jobs behind a computer all day.

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daddysteve December 6, 2014 at 11:48 am

The Red team /Blue Team idiocy is running deep around here.

…morons

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GrandTango December 6, 2014 at 7:29 pm

Yeah…when you Democrats have F*#k#d up beyond even what your stupid @$$ thought possible…it’s time for the “They’re all bums” mantra…

FITS is a master at it…and look what fool he made of himself. Seems like you would have learned something from that…

You may be dumb as H#!!….and you D@*n sure are easy to read…

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Welcome December 6, 2014 at 9:04 pm

Introducing the head moron around here….GrandTango.

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U R Being Screwed December 7, 2014 at 11:44 am

321,000 new jobs in November <<< drop in the bucket temp jobs. Numbers about the size of a medium population city in the USA. So temp jobs for one US city. Free trade has sank the USA. Illegal immigrants have forced down wages. The people in government who control your tax money are crooks, liars, and thieves are For Sale. Just funnel some of almighty green to their hands by clever schemes, and you can tap into the Billions of Dollars in the Peoples Bank.

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GrandTango December 7, 2014 at 12:18 pm

Not only that…if a person has 4 for different temp assignments in one month, Obama is counting that as four new jobs he has created, when it’s really not even one.

And there are still a fair number of fools who follow this cretin. And most news or political gossip sites, like FITS, are clueless Dumb@$$#$…who want to be that way…

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Tank December 8, 2014 at 2:00 pm

See, I’m not sure you “hope the higher number is accurate.” Without bad job numbers, you couldn’t cut-and-paste an article every other week about jobs.

Reply

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