U.S. Job Loss Slows

**OntarioVanMan** · 12-06-2009, 11:47 AM

Originally Posted by Oilerman1957

Well, that depends on how many friends you have, if you only have 2 friends then the numbers look pretty good, haahaha, j/k

I have at least 3 that I know of...I think?

**RLENT** · 12-06-2009, 12:09 PM

Originally Posted by Steady Eddie

OH NO! You did the copy and paste thingy

That's true - he did.

However, what he didn't do was, as a single member, start nearly 20% of all threads in the SoapBox, by cutting and pasting ....

**Turtle** · 12-06-2009, 12:38 PM

Originally Posted by OntarioVanMan

WASHINGTON (TheStreet) -- In an upside surprise,...

Ever notice that whenever the monthly, quarterly and yearly financial and employment reports are released, whether up or down, it's always a surprise? Who are these incompetents?

Oh, here's one...

"This is good news," said Peter Cardillo, chief market economist at Avalon Partners, who had forecast a loss of 95,000 jobs and the jobless rate declining to 10.1%.

Moron. He wadd'n even close.

"Traditionally, unemployment lags," added Cardillo. "But it looks as though the economy will stop shedding jobs and we can start seeing some job growth in the first quarter of 2010."

Why do they quote him as if he's some kind of authority, as if he has even a remote chance of being right? Based on his track record, we can look for significant job losses in the first quarter of 2010. <snort>

**layoutshooter** · 12-06-2009, 05:39 PM

You know Turtle, in ALL my many years in the field, I have NEVER heard a turtle SNORT!! I have heard them hiss, but never a snort.

**OntarioVanMan** · 12-07-2009, 01:40 AM

Originally Posted by Turtle

Ever notice that whenever the monthly, quarterly and yearly financial and employment reports are released, whether up or down, it's always a surprise? Who are these incompetents?

Oh, here's one...
Moron. He wadd'n even close.

Why do they quote him as if he's some kind of authority, as if he has even a remote chance of being right? Based on his track record, we can look for significant job losses in the first quarter of 2010. <snort>

Not according to the guy that just unloaded me at the ford truck plant in Lewieville...their production just got bumped from 22,000 units to 49,000 units in the super B frame...they are going to be busy...

**bryan** · 12-07-2009, 02:21 AM

Hi
We just had our annual employees meeting at the plant that I work at. The owners claim a 20% increase in sales.They have called back everyone who was laid off last year and have hired 6 new people.They have purchased 2 new machines and are working on getting another.We also recieved this years profit shareing check (no profit last year so no check) which we really were not expecting.
My fear is that we will rebound too quickly thus making the next market crash even more painful.Sure hope Im wrong and they are right.
Good Luck and have a safe and glorious holiday season.

**OntarioVanMan** · 12-07-2009, 08:58 AM

every place I pick up and drop at is busy....recalled or hired new workers or using temps...Auto/heavy equipment...the lay-offs must be the white collar sector still...

**layoutshooter** · 12-07-2009, 10:13 AM

We shall see, I HOPE it holds and things improve but I kinda think this will be short lived. With new taxes coming on line soon, maybe Cap and Trade which will KILL large industry I think we will see an end to this recovery and a return to Stagflaition.

**OntarioVanMan** · 12-07-2009, 10:24 AM

Originally Posted by layoutshooter

We shall see, I HOPE it holds and things improve but I kinda think this will be short lived. With new taxes coming on line soon, maybe Cap and Trade which will KILL large industry I think we will see an end to this recovery and a return to Stagflaition.

So far nothing has passed..it has all been a big wind....we'll see how it turns out...final passage and how it gets watered down and of course the manditory pork that goes with it....