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Economic Recovery IMPOSSIBLE Without Jobs


               
2014 Jan 11, 8:15am   977 views  3 comments

by Bubbabeefcake   follow (1)  

Description:
Americans not in the labor force exploded higher by 535,000 to a new all time high 91.8 million
Sessions: ‘For Every One Job Added, Nearly 5 People Left the Workforce’
More than 1K camp out for union jobs
2014: When the economy finally takes off
Read more at http://investmentwatchblog.com/economic-recovery-impossible-without-jobs/#6Ycu9lKV5R47XqS3.99

Comments 1 - 3 of 3        Search these comments

1   Strategist   2014 Jan 11, 9:09am  

Call it Crazy says

We need to make YOU President!!

Of Timbuctoo.

2   smaulgld   2014 Jan 11, 10:46am  

Please note that sessions is incorrect
- the jobs number was a monthly tally
- the job loss number was a weekly one
So it's 4x worse than he says

http://smaulgld.com/initial-jobless-claims/

3   Blurtman   2014 Jan 11, 12:15pm  

Nonsense. GDP is going up as employment is going down. As the FIRE industry becomes a bigger and bigger parasitic contributor to GDP, less and less citizens are needed for the non-productive accounting entry transfers.

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