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Unemployment Jumps to 9.6% - 9/3/2010 9:41:15 AM   
Sanity


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From: Nampa, Idaho USA
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And the president has graciously made plans to take time out from his busy vacation schedule to address the issue:

quote:


 Obama to Comment Friday on Jobless Report


Obama to comment on unemployment report Friday before going to Camp David retreat




Thank God for that laser-like focus of his


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RE: Unemployment Jumps to 9.6% - 9/3/2010 9:43:15 AM   
Archer


Posts: 3207
Joined: 3/11/2005
Status: offline 		Just to be fun bashing on Obama
Here's another thing Obama has proven to be almost twice as good at
Bush only had this rate in the 5% -7% range Obama has almost doubled the low end of that. LOL



(in reply to Sanity)
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RE: Unemployment Jumps to 9.6% - 9/3/2010 9:49:20 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline
quote:

ORIGINAL: Sanity


And the president has graciously made plans to take time out from his busy vacation schedule to address the issue:

quote:


 Obama to Comment Friday on Jobless Report


Obama to comment on unemployment report Friday before going to Camp David retreat




Thank God for that laser-like focus of his




Now he's off to Camp David again, after just returning from Martha's Vinyard two weeks ago?
In this area (Myrtle Beach, SC) the unemployment rate is 14-17 % according to local news sources and the dept of employment security.
And noone's hiring.

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

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RE: Unemployment Jumps to 9.6% - 9/3/2010 9:49:22 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
Its alright. God knows the Libbers had enough fun bashing on Bush... 

quote:

ORIGINAL: Archer

Just to be fun bashing on Obama
Here's another thing Obama has proven to be almost twice as good at
Bush only had this rate in the 5% -7% range Obama has almost doubled the low end of that. LOL





_____________________________

Inside Every Liberal Is A Totalitarian Screaming To Get Out

(in reply to Archer)
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RE: Unemployment Jumps to 9.6% - 9/3/2010 10:05:34 AM   
jlf1961


Posts: 14840
Joined: 6/10/2008
From: Somewhere Texas
Status: offline
quote:

WASHINGTON – Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work.


Guess that part of the news really doesnt matter

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RE: Unemployment Jumps to 9.6% - 9/3/2010 10:22:33 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
quote:

ORIGINAL: popeye1250


quote:

ORIGINAL: Sanity


And the president has graciously made plans to take time out from his busy vacation schedule to address the issue:

quote:


 Obama to Comment Friday on Jobless Report


Obama to comment on unemployment report Friday before going to Camp David retreat




Thank God for that laser-like focus of his




Now he's off to Camp David again, after just returning from Martha's Vinyard two weeks ago?
In this area (Myrtle Beach, SC) the unemployment rate is 14-17 % according to local news sources and the dept of employment security.
And noone's hiring.



Foreign workers fill tourism-related jobs in Myrtle Beach area



_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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RE: Unemployment Jumps to 9.6% - 9/3/2010 10:26:55 AM   
brokedickdog


Posts: 114
Joined: 8/13/2010
Status: offline
quote:

ORIGINAL: popeye1250


quote:

ORIGINAL: Sanity


And the president has graciously made plans to take time out from his busy vacation schedule to address the issue:

quote:


 Obama to Comment Friday on Jobless Report


Obama to comment on unemployment report Friday before going to Camp David retreat




Thank God for that laser-like focus of his




Now he's off to Camp David again, after just returning from Martha's Vinyard two weeks ago?
In this area (Myrtle Beach, SC) the unemployment rate is 14-17 % according to local news sources and the dept of employment security.
And noone's hiring.


A bit of a guess here popeye. You on the scene and would know better than I... But I imagine MB to be tourist and vacation home type of place, or at least to have a substantial percentage of the local economy wrapped up in that. I also imagine building of vacation homes has pretty much ground to a halt. The unemployment rate that is reported is typically only half the real unemployment rate. Also unemployment in the construction trades/industry is about double the overall unemployment rate.

Taking your high number of 17%, doubling to 34%, and doubling again to 68%... Whew! That is a pretty grim picture. We ARE in a world of trouble and mostly it doesn't seem to be getting any better.

Housing, mortgages and foreclosure are the areas I stay most informed about. Last month we had a double whammy with housing sales dropping off the chart AND a significant rise in new foreclosure filings. I see no circumstances whatsoever in which either of these could be viewed as a positive thing. Neither have I seen anyone looking at the overall picture (or any of the causal details) with an open mind that is geared specifically towards real solution/s. More like three blind men, all with a preconceived idea and agenda, touching an elephant.

Personally I don't care to assess blame. Diagnosing a problem so that proper remedy can be put in place is another thing. I try not to cross the diagnosis line to such a point that it becomes nothing more then ineffectual blaming. If blaming is really anyone's motive then I figure they have already biased and barred themselves from looking at any and all potential solutions.

(in reply to popeye1250)
Profile   Post #: 7
RE: Unemployment Jumps to 9.6% - 9/3/2010 11:08:25 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		Dog, you're right in the ballpark.

They did overbuild here but prices didn't skyrocket like up North so they haven't fallen like up North either.
You can buy three condos here for the price of one up North!
And it's mostly "touristy" here and also about 110 golf courses, not much industry at all. I guess it's a lot of retirees like me on pensions who keep things rolling.
I bought a 3 b/r 2 bath condo (1,300 sq. ft.)on a golf course in 2004 for $84 k brandnew and they're probably worth $100k now. And, my yearly real estate taxes on this place are,.........$380.
For the same thing in N.H. where I moved here from it would have cost me $350 k and the taxes would be $5,000!
That's why I can drive a Lincoln MKS now!
It's downright cheap to live here compared to up North especially if you're on a pension and, the Carolinas have some of the best weather in the country.

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

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Profile   Post #: 8
RE: Unemployment Jumps to 9.6% - 9/3/2010 11:25:58 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		I lived in MB for 9 years. LOVED the weather. Hated the evacuations... lol.

But, per the article i supplied, it seems not many there want to do the "lower end" or work for the industry there. Its a tourist community.. and snow birds who would rather eat out than cook. I made killer money there as a waitress. I recall many servers coming down from the north over the summer to work. Seems those days are gone and they are now hiring visa workers to come in and fill those positions.

It is a tourist community. When people cant, or fear, spending money, those communities will quickly feel the hit. Unemployment of the number you quote doesnt surprise me at all. Here in Pittsburgh, for june, the last reported month i can find, it was 8.3 percent.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to popeye1250)
Profile   Post #: 9
RE: Unemployment Jumps to 9.6% - 9/3/2010 1:01:17 PM   
Fellow


Posts: 1486
Joined: 9/21/2009
Status: offline 		Things start getting psychologically depressing. I hope people in the US find a way to organize their communities  independently from the government. Otherwise,  they will loose it and the riots are around the corner.
http://www.truthdig.com/report/item/waking_up_in_the_1930s_20100903/
quote:

.....They listen daily to banal statistics—consumer indices, home prices, housing starts, unemployment insurance claims—intoned by newscasters batting the cycle of adjectives for up and down, and they hope for no sound reason that these same talking heads that propelled them to invest in stocks and homes that would only appreciate will imminently announce a combination of factors that will dispel this economic morass. It’s as if those contentious, post-ironic Shepard Fairey “Hope” stickers that remain plastered across the nation continue to radiate hypnotic beams convincing the viewer that prosperity is just around the corner....




(in reply to tazzygirl)
Profile   Post #: 10
RE: Unemployment Jumps to 9.6% - 9/3/2010 6:37:29 PM   
domiguy


Posts: 12952
Joined: 5/2/2006
Status: offline
quote:

ORIGINAL: popeye1250

Dog, you're right in the ballpark.

They did overbuild here but prices didn't skyrocket like up North so they haven't fallen like up North either.
You can buy three condos here for the price of one up North!
And it's mostly "touristy" here and also about 110 golf courses, not much industry at all. I guess it's a lot of retirees like me on pensions who keep things rolling.
I bought a 3 b/r 2 bath condo (1,300 sq. ft.)on a golf course in 2004 for $84 k brandnew and they're probably worth $100k now. And, my yearly real estate taxes on this place are,.........$380.
For the same thing in N.H. where I moved here from it would have cost me $350 k and the taxes would be $5,000!
That's why I can drive a Lincoln MKS now!
It's downright cheap to live here compared to up North especially if you're on a pension and, the Carolinas have some of the best weather in the country.


I am sure pops woud never lie....

http://www.yourhomeatthebeach.com/

Myrtle Beach Condos
The condo has been the hardest hit sector of the Myrtle Beach real estate market. The price have dropped 50-60% in some cases, and now things are really starting to pick up. Not only have the prices dropped, but many of the POA fees for owning the condo have also dropped. Those two factors and low interest rates make condo ownership more affordable than ever before.

(in reply to popeye1250)
Profile   Post #: 11
RE: Unemployment Jumps to 9.6% - 9/3/2010 8:37:26 PM   
cloudboy


Posts: 7306
Joined: 12/14/2005
Status: offline 		Who doesn't long for the Clinton years now. I wonder how we pissed away all that peace and prosperity of the 90s. What happened?

< Message edited by cloudboy -- 9/3/2010 8:38:04 PM >

(in reply to Sanity)
Profile   Post #: 12
RE: Unemployment Jumps to 9.6% - 9/3/2010 9:33:26 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: cloudboy

Who doesn't long for the Clinton years now. I wonder how we pissed away all that peace and prosperity of the 90s. What happened?


Reality, not the illusion of peace and prosperity that was the 90s. The illusion of peace created by treating the threat from the ME as a crime problem, and the illusion of prosperity propped up by the dot.com mania.

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Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

(in reply to cloudboy)
Profile   Post #: 13
RE: Unemployment Jumps to 9.6% - 9/3/2010 10:01:11 PM   
luckydawg


Posts: 2448
Joined: 9/2/2009
Status: offline
quote:

ORIGINAL: domiguy


quote:

ORIGINAL: popeye1250

Dog, you're right in the ballpark.

They did overbuild here but prices didn't skyrocket like up North so they haven't fallen like up North either.
You can buy three condos here for the price of one up North!
And it's mostly "touristy" here and also about 110 golf courses, not much industry at all. I guess it's a lot of retirees like me on pensions who keep things rolling.
I bought a 3 b/r 2 bath condo (1,300 sq. ft.)on a golf course in 2004 for $84 k brandnew and they're probably worth $100k now. And, my yearly real estate taxes on this place are,.........$380.
For the same thing in N.H. where I moved here from it would have cost me $350 k and the taxes would be $5,000!
That's why I can drive a Lincoln MKS now!
It's downright cheap to live here compared to up North especially if you're on a pension and, the Carolinas have some of the best weather in the country.


I am sure pops woud never lie....

http://www.yourhomeatthebeach.com/

Myrtle Beach Condos
The condo has been the hardest hit sector of the Myrtle Beach real estate market. The price have dropped 50-60% in some cases, and now things are really starting to pick up. Not only have the prices dropped, but many of the POA fees for owning the condo have also dropped. Those two factors and low interest rates make condo ownership more affordable than ever before.



Still with that Liberal reading comprehension issue.

"in some cases", I guess if you were sort of dumb you might think that applies to the condo market in general, not just "in some cases". If you were that dumb you would obviously be a Obama supporter.

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I was posting as Right Wing Hippie, but that account got messed up.

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Profile   Post #: 14
RE: Unemployment Jumps to 9.6% - 9/4/2010 12:20:50 AM   
domiguy


Posts: 12952
Joined: 5/2/2006
Status: offline 		seems like a bit of a personal attack....How much did you enjoy your time off?

(in reply to luckydawg)
Profile   Post #: 15
RE: Unemployment Jumps to 9.6% - 9/4/2010 12:23:30 AM   
domiguy


Posts: 12952
Joined: 5/2/2006
Status: offline 		I thought popeye was talking about Myrtle Beach...The article cited is specifically about Myrtle Beach.

Where is the comprehension issue? Me ? Not so much.

(in reply to domiguy)
Profile   Post #: 16
RE: Unemployment Jumps to 9.6% - 9/4/2010 12:48:50 AM   
StrangerThan


Posts: 1515
Joined: 4/25/2008
Status: offline
quote:

ORIGINAL: domiguy


quote:

ORIGINAL: popeye1250

Dog, you're right in the ballpark.

They did overbuild here but prices didn't skyrocket like up North so they haven't fallen like up North either.
You can buy three condos here for the price of one up North!
And it's mostly "touristy" here and also about 110 golf courses, not much industry at all. I guess it's a lot of retirees like me on pensions who keep things rolling.
I bought a 3 b/r 2 bath condo (1,300 sq. ft.)on a golf course in 2004 for $84 k brandnew and they're probably worth $100k now. And, my yearly real estate taxes on this place are,.........$380.
For the same thing in N.H. where I moved here from it would have cost me $350 k and the taxes would be $5,000!
That's why I can drive a Lincoln MKS now!
It's downright cheap to live here compared to up North especially if you're on a pension and, the Carolinas have some of the best weather in the country.


I am sure pops woud never lie....

http://www.yourhomeatthebeach.com/

Myrtle Beach Condos
The condo has been the hardest hit sector of the Myrtle Beach real estate market. The price have dropped 50-60% in some cases, and now things are really starting to pick up. Not only have the prices dropped, but many of the POA fees for owning the condo have also dropped. Those two factors and low interest rates make condo ownership more affordable than ever before.



I grew up in the Carolinas. That perspective helps when tossing banal attacks on one's veracity. Pops perspective is an accurate portrayal of most who moved North to South. If you want my credentials on making such a statement, it comes from growing up in a family who built homes. Easily, 90 percent went to folks from some point north wherein a large percentage of them noted similar sentiments.

To spell it out for you domi, not dropping in one area like another area, means that someone like pops could still sell his home or condo up north, move down, buy something nice on the cheap because it never skyrocketed to the same levels. What you can do is hunt out exceptions anywhere, which is fortunate for someone talking out their ass about something they know nothing about.




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--'Whenever you find yourself on the side of the majority, it is time to reform' - Mark Twain

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Profile   Post #: 17
RE: Unemployment Jumps to 9.6% - 9/4/2010 2:46:20 AM   
Vendaval


Posts: 10297
Joined: 1/15/2005
Status: offline 		Fast Reply -

If you want to take a look at the actual Bureau of Labor Stats go here -


Regional and State Employment and Unemployment Summary
For release 10:00 a.m. (EDT) Friday, August 20, 2010

"Regional Unemployment (Seasonally Adjusted)

The West reported the highest regional unemployment rate in July, 10.8
percent, while the Northeast recorded the lowest rate, 8.8 percent. No
region experienced a statistically significant over-the-month unemploy-
ment rate change. The Midwest was the only region to register a signif-
icant rate change from a year earlier (-0.6 percentage point).
(See table 1.)

Among the nine geographic divisions, the Pacific continued to report the
highest jobless rate, 11.5 percent in July. The West North Central regis-
tered the lowest rate, 7.0 percent, followed by the West South Central, at
7.9 percent. The East South Central was the only division to experience a
statistically significant unemployment rate change from a month earlier
(-0.4 percentage point), and the West North Central was the only division
to post a significant over-the-year jobless rate change (-0.6 point). "

http://www.bls.gov/news.release/laus.nr0.htm



_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
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(in reply to StrangerThan)
Profile   Post #: 18
RE: Unemployment Jumps to 9.6% - 9/4/2010 11:52:47 AM   
domiguy


Posts: 12952
Joined: 5/2/2006
Status: offline
quote:

ORIGINAL: StrangerThan

quote:

ORIGINAL: domiguy


quote:

ORIGINAL: popeye1250

Dog, you're right in the ballpark.

They did overbuild here but prices didn't skyrocket like up North so they haven't fallen like up North either.
You can buy three condos here for the price of one up North!
And it's mostly "touristy" here and also about 110 golf courses, not much industry at all. I guess it's a lot of retirees like me on pensions who keep things rolling.
I bought a 3 b/r 2 bath condo (1,300 sq. ft.)on a golf course in 2004 for $84 k brandnew and they're probably worth $100k now. And, my yearly real estate taxes on this place are,.........$380.
For the same thing in N.H. where I moved here from it would have cost me $350 k and the taxes would be $5,000!
That's why I can drive a Lincoln MKS now!
It's downright cheap to live here compared to up North especially if you're on a pension and, the Carolinas have some of the best weather in the country.


I am sure pops woud never lie....

http://www.yourhomeatthebeach.com/

Myrtle Beach Condos
The condo has been the hardest hit sector of the Myrtle Beach real estate market. The price have dropped 50-60% in some cases, and now things are really starting to pick up. Not only have the prices dropped, but many of the POA fees for owning the condo have also dropped. Those two factors and low interest rates make condo ownership more affordable than ever before.



I grew up in the Carolinas. That perspective helps when tossing banal attacks on one's veracity. Pops perspective is an accurate portrayal of most who moved North to South. If you want my credentials on making such a statement, it comes from growing up in a family who built homes. Easily, 90 percent went to folks from some point north wherein a large percentage of them noted similar sentiments.

To spell it out for you domi, not dropping in one area like another area, means that someone like pops could still sell his home or condo up north, move down, buy something nice on the cheap because it never skyrocketed to the same levels. What you can do is hunt out exceptions anywhere, which is fortunate for someone talking out their ass about something they know nothing about.






Here is what pops said.

quote:

ORIGINAL: popeye1250

I bought a 3 b/r 2 bath condo (1,300 sq. ft.)on a golf course in 2004 for $84 k brandnew and they're probably worth $100k now. .



Pops, much like yourself has been known to be frequrently wrong on just about every topic that he chooses to participate in.

My article specifically states.....

quote:

ORIGINAL: domiguy

http://www.yourhomeatthebeach.com/

Myrtle Beach Condos
The condo has been the hardest hit sector of the Myrtle Beach real estate market. The price have dropped 50-60% in some cases, and now things are really starting to pick up. Not only have the prices dropped, but many of the POA fees for owning the condo have also dropped. Those two factors and low interest rates make condo ownership more affordable than ever before.




Which would be in direct contrast to what popeye has written.

Please try and stay on topic. It would be so nice for a change. Many people out here have rather strong opinions about you.

< Message edited by domiguy -- 9/4/2010 11:53:56 AM >

(in reply to StrangerThan)
Profile   Post #: 19
RE: Unemployment Jumps to 9.6% - 9/4/2010 11:59:17 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Hopefully goldman gets their bonuses.   STOMP

(in reply to domiguy)
Profile   Post #: 20
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