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All Of Lost Jobs Back

Recession losses erased, but jobless rate remains high

April 5, 2014

WASHINGTON (AP) — The U.S. economy has reached a milestone: It has finally regained all the private-sector jobs it lost during the recession....

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(104)

LogHog

Apr-07-14 7:23 PM

Even CNBC are now saying.. Millions of people are not working or looking for work. Why? they ask.

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daWraith

Apr-07-14 12:31 PM

cont'd

"n other words, people on disability don't show up in any of the places we usually look to see how the economy is doing. But the story of these programs -- who goes on them, and why, and what happens after that -- is, to a large extent, the story of the U.S. economy. It's the story not only of an aging workforce, but also of a hidden, increasingly expensive safety net.

For the past six months, I've been reporting on the growth of federal disability programs. I've been trying to understand what disability means for American workers, and, more broadly, what it means for poor people in America nearly 20 years after we ended welfare as we knew it. "

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daWraith

Apr-07-14 12:30 PM

NPR "In the past three decades, the number of Americans who are on disability has skyrocketed. The rise has come even as medical advances have allowed many more people to remain on the job, and new laws have banned workplace discrimination against the disabled. Every month, 14 million people now get a disability check from the government.

The federal government spends more money each year on cash payments for disabled former workers than it spends on food stamps and welfare combined. Yet people relying on disability payments are often overlooked in discussions of the social safety net. The vast majority of people on federal disability do not work.[1] Yet because they are not technically part of the labor force, they are not counted among the unemployed.

In other words, people on disability don't show up in any of the places we usually look to see how the economy is doing.

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BlueInc

Apr-07-14 8:47 AM

If unemployment went down, why did welfare go up? Shouldn't those figures mirror each other?

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daWraith

Apr-06-14 7:45 PM

USA TODAY 4/6/2014

They are the ones left behind by a recovery that has created 8 million jobs since U.S. payrolls bottomed out in early 2010.

Nearly five years after the recession ended, 36% of the unemployed — a near-record 3.7 million people, according to the Labor Department's report Friday — are counted as long-term unemployed because they've been searching for work for six months or more. About 620,000 — close to the population of Boston, the USA's 21st largest city — have been looking three years or longer. Millions more have been jobless at least that long but have stopped searching.

Facts to a liberal are like Kryptonite to Superman.

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daWraith

Apr-06-14 7:20 PM

And while we are at it:

Bush accomplished a massively lower unemployment rate than Obama without spending ONE DIME for STIMULUS or Quantitative Easing.

And Bush had the worst attack on American soil in history, 9-11.

And Bush had the most expensive NATURAL DISASTER in HISTORY, Hurricane Katrina.

All Obama had was his own SCANDALS, Fast and Furious, Benghazi, IRS-gate, etc.

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daWraith

Apr-06-14 7:16 PM

--even COUNTING the Great Depression.

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daWraith

Apr-06-14 7:16 PM

DuckRay that has already been answered.

The average under Bush for 8 years was 5.77%

The Average under Obama for 5 years is 8.65%S than Obama.

Therefore unemployment went UP under Obama massively.

Weakest recovery from a recession in the history of the country, even country the GREAT DEPRESSION.

Subject CLOSED.

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rayduck

Apr-06-14 6:35 PM

Any other questions??? Yes did unemployment go up under Bush and the republicans or down like it has under President Obama and the Democrats?

Now be a good girl and answer that!

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daWraith

Apr-06-14 3:43 PM

DuckRay you monumental idiot, in 96 months of BUSH, only TWO MONTHS exceeded the CURRENT unemployment rate of Obama.

The average under Bush for 8 years was 5.77%

The Average under Obama for 5 years is 8.65%

Bush Stimulus: NONE

OBama Simulus $1 TRILLION plus another $4 TRILLION QE spending.

MASSIVE EPIC OBAMA FAIL!

Any other questions???

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TrollSlayer

Apr-06-14 3:23 PM

rayduck translation "but BUUUUUUSH!!!"

What an appropriate parting whine. LOL

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rayduck

Apr-06-14 12:43 PM

Well Girls I got to go you know some of us has a life you know.

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rayduck

Apr-06-14 12:06 PM

And now Back to one of my first questions, What was unemployment when Bush, Shotgun Cheney, and the republicans took office in Jan 2001 and what was it in Jan 2009? Did it go up or down like it has under President Obama and the Democrats?

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daWraith

Apr-06-14 11:37 AM

Slayer, yeah we are having a battle of wits with an unarmed man.

I put 300 bullet holes in him and he is still talking!!!!

Talk about the Zombie Apocalypse, it is HERE!

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daWraith

Apr-06-14 11:36 AM

DuckRay maybe we can switch to some other topic you COULD understand?

Like String Theory or Einstein's Special Theory of Relativity or Quantum Entanglements?

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TrollSlayer

Apr-06-14 11:36 AM

I think we're done here... LOL

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rayduck

Apr-06-14 11:29 AM

Come on daWraith you can do better than that!! Maybe you can gat some help from your friends

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rayduck

Apr-06-14 11:26 AM

Who didn't see that???

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daWraith

Apr-06-14 11:18 AM

DuckRay, NEW JOBS are created and old jobs are LOST!

Nevertheless, the BLS reported those 74,000 new jobs as reducing at least what it calls the U3 unemployment rate by three tenths of a percentage point, from 7.0% to 6.7%. That was because 347,000 workers fled the work force altogether last month, and so were no longer counted as unemployed.

Get it???

Nevertheless, the BLS reported those 74,000 new jobs as reducing at least what it calls the U3 unemployment rate by three tenths of a percentage point, from 7.0% to 6.7%. That was because 347,000 workers fled the work force altogether last month, and so were no longer counted as unemployed.

Get it???

Nevertheless, the BLS reported those 74,000 new jobs as reducing at least what it calls the U3 unemployment rate by three tenths of a percentage point, from 7.0% to 6.7%. That was because 347,000 workers fled the work force altogether last month, and so were no longer counted as unemployed.

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TrollSlayer

Apr-06-14 11:17 AM

rayduck “Troll ask that question to your wing nut buddy's like Mike Myer their the ones that wrote the article!”

and

rayduck “And Log it was a republican that wrote this article!”

The stupid in your posts actually hurts my brain, ducky. LOL Look at the first two letters of the article. AP. Now babble another painfully stupid comment about Republicans writing this article. Too funny.

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daWraith

Apr-06-14 11:15 AM

Some people like DuckRay are so totally ignorant that cannot BEGIN to comprehend that they are STUPID!

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WVEXPAT

Apr-06-14 11:10 AM

"And Log it was a republican that wrote this article!"

"WASHINGTON (AP)" So the Associated Press is "a republican"??

LOL

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rayduck

Apr-06-14 11:10 AM

Where did I get this from? The U.S. economy has reached a milestone: It has finally regained all the private-sector jobs it lost during the recession. And it wasn't form the The drug addict Rush Limbaugh!

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rayduck

Apr-06-14 11:06 AM

daWraith is that all you can come with?

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daWraith

Apr-06-14 11:03 AM

Forbes contd'

"The employment-population ratio of 57.9% in 1983 was up by the fifth year of Reagan’s recovery to 61.5%, on its way to 63.0% in 1989. That represented an increase of 17 million jobs since that recession started in July, 1981.

But that was when America was following pro-growth economic policies. Today we have President Obama emphasizing equality rather than growth, and after 5 years of Obama as President, we still have not recovered all of the jobs lost since the recession began in 2007. When the recession began in December, 2007, the economy was employing 146.273 million Americans. Today, after 5 years of Obamanomics, in December, 2013 the number of Americans employed was still only 144.586 million, about 1.7 million fewer jobs."

DUH! Who told ME??? THE US Government and FORBES!!!

Now what is YOUR SOURCE OF BULLS***, superhero DuckRay????

Just your toothless mouth??

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