Worst News Of The Week
Filed under: PolitikThe United State's unemployment rate jumped to 5.5 percent in May — the biggest monthly rise since 1986 — as nervous employers cut 49,000 jobs.
Posted: June 6, 2008 at 12:45 pm
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91 comments to “Worst News Of The Week” | ||
Thanks prez Bush and all of you who voted republican.
That's actually really low. Check ur facts.
Re: nokill – You're an Idiot!
Yeah this sucks..
thanks alot George Bush….asshole.
The U.S economy continues to shed jobs, though the losses are not of the magnitude that would suggest that a recession is at hand. We continue to believe employment conditions will deteriorate further. In the meantime, the spike in the unemployment rate should sufficiently spook the Fed so as to keep them from hiking in the near term as the market expects, though it is not yet sufficient proof for the Fed to revert to rate cutting.
all thanks to bush and his terrible administration. and lets not forget the 10 billion america spends a month on this absolutely BS unnecessary war
THIS is THE WORST NEWS……get real!!!
NOW THAT IS SUM CHIT….THANKS BUSH…THANKS
hjwhihej
THANK YOU PRESIDENT BUSH…WORST PRESIDENT EVEEEEEEEEEEEEER!
fjkldjkl
That sucks… Go back to college everyone and make yourselves more valuable to the work force,or join the military!
do you even know what that means? how is that the "worst news of the week"? I'm sure more awful things in the world are happening.
Yup - blame Bu$h and Cheney and the other war criminals and greedy bastards (Abramoff, Delay, Cunningham, etc).
GO OBAMA!
I am one of those who lost there job and cant find another one to save my life!!
perez — again … please stick to the hollywood gossip! In the 1990's when the unemployment rate was 5.4% — our media (who at the time, LOVED the clintons) were espousing that this was near RECORD EMPLOYMENT for the US — it is a lousy 10th of a % higher - 5.5% and all of a sudden, we are in soup lines!? Come on…think about it folks, this means that 94.5% of Americans are working … check out unemployment rates else where in the world - that ought to put it in perspective.
that's actually pretty low.
and to nokill: it doesn't reflect the republican party as a whole. it's a reflection on perhaps some unwise decisions on the part of the bush administration, but not on every member of his party.
I need a job and now I cant get one cause of bush. Man, I remember when bush was hair on a womens pubic region..
Bush bankrupted companies…now the The United States. Thanks a lot Scumbag!!!
Our unemployment rate is still low for what it has been in the past…everyone just loves to bash Bush especially the media…so they report news how they want to…"Oh look at the increase!" they say…but they forget to tell you overall our country's state of unemployment is still very low right now…the media is so liberal.
I have been out since November 12, 2008. College educated, former director position. I can't find anything!!!!
There are still TONS of jobs out there… people are just LAZY
You people who say you are unemployed and can't find anything are full of it. There are jobs out there… you may be making less than what you want, but they are out there.
Re: rach –
I've gone to THREE colleges…not to mention having gone to private school and one of the top ranked public high schools in the nation…and I can't get a job to save my life. FUCK YOU is you think that people not being able to secure jobs is because they're stupid…sometimes it's economic, sometimes it's location, sometimes it's happenstance…just because you ask "Would you like to super-size that?" does not give you the right to place all others under the "stupidity" blanket.
the end of the empire!!
Re: jen – amen sista! im sick of all these "thanks bush" comments from people who really have no idea!!
Re: jen – Your right and believe it or not there are some people who just are'nt willing to work at all.They account for some of the unemployment rate too! you can blame the people who live on handouts and it never occured to them to get a real job.
Re: Lola – if you REALLY needed a job you could find one… maybe it wouldnt be doing what you want to do.. but it is a job. someone out there would definatly hire someone with a college education even if its at the mall.. but i understand you want a job in your field.. but that doesn't mean there are not jobs available. the poor uneducated want to just get money and not work hard.. there are always places hiring (mcdonalds, etc!!) so if you really need a job you need to apply yourself. In general people need to rely on themselves to provide for themselves and not on the economy to let them just 'live'.
Just so you know….that is exactly what it is SUPPOSED to sit at….so report things you know about douchebag
Re: fuzzhe – i couldn't agree with you more!!! im soo sick of all this bush hating by 'free spirit make love not war liberals'. yet they make outlandish statements hating bush and saying horrible personal comments that have nothing to do with politics. get over it !
my parents have been laid off and now potentially will lose their job. Hopefully they will still receive their retirements. But its difficult for people who have worked at the same company since they were out of school to pick up and start a new job…my parents are older and easily replaceable i mean they thought they would be retiring soon-not starting a NEW career!!!
Maybe a bit off the subject, but the Oil companys profit billions of dollars and everyone else is getting poor. Why do gas prices keep going up if they are profiting so much??? Not to mention food prices. Its not just the Oil companys profiting so much. Most of these job cuts are so these companys can still profit and run off to there Million $ houses, Yahts and pay for there upscale schools for there children. The RICH are getting Richer and the Poor getting Poorer. Its always been this way no matter who the President is. I could go on and on…
Ive been out of work sice April, worked in finance!! But now I'm back in school learning a new skill.. I cant sit around and blame Bush, its a waste of time, better to do something myself.
what a bummer
YeahRe: fu –
HOPEFULLY THE DICK SUCKING WILL ENABLE YOU TO KEEP YOUR JOB.
HOPE YOU CAN AFFORD KNEEPADS BEFORE THIS IS ALL OVER.
PS YOUR MOM SHOULD HAVE HAD AN ABORTION DOUCHENOZZLE
Perez - I'm a bond trader from Toronto and anytime you want to talk about the economy et al, I'll be more then happy to advise / edit anything you send my way…
Bush's Fault? LOL, the unemployment rate is lower now than it was under Clinton!!!! Idiot, report something you know about.
How many of that 5.5% are illegal immigrants????
How many of the 5.5% do you think are illegal immigrants???
Though this is indeed terrible news, the blame can not lie soley on the Bush administration alone. Our country has been entering a recession even before Bush's presidency. What me must do is accept it's forthcomings and adjust our life styles accordingly. It's about time we started actually being frugal!!
Re: nokill – Again…..YOU'RE AN IDIOT!!!
DISASTEROUS!!
That's why I left the country!
Re: Pizzle – we have not been in a recession. a recession is 6 consecutive months of decrease. ignorance is much to everyones fall on this string of comments
actually, when its 4-6% unemployment, we are considered at full employment. looks like someone never paid attention in their econ class
Re: Lola – You're probably out of a job because you don't know what year it is!!
Really Perez, all of a sudden you think you are some type of a "real reporter". You have little to no concept of economics. However you love to blame a government you dont agree with for everything that is wrong. 1st off my friend many economists agree that FULL employment is between 2 to 7% and yes, loosing 49K jobs is not good, but many high paying sectors such as technology and manufacturing are thriving. Why dont you blame the wall street honchos (most of which are very liberal democrats BTW) for the problems the economy is having due to their appetite for profits at any costs. I would imagine most of the jobs lost are in the housing and banking sectors.
Also do your research on oil prices. I guess it never occurred to you that oil is rising not because of some US policy but beucase countries like China, India and South American countries are growing at rates that require them to purchase more and more oil. Remember supply and demand from school?
Really stick to the stupid stuff you know and leave the real reporting to others. All you are doing is helping to further the ignorance that is the real problem behind most of our societies woes.
It sucks…so you should hire me Perez. I'm in SoCal and LOVE YOU!!!
Re: anni – Re: anni –
I think you should re-read my comment - I agree, we are NOT in a recession, but your definition of a recession is wrong…trust me, I have an undergrad and a masters in economics…The official judges of American downturns—a group of academics at the National Bureau of Economic Research (NBER)—define a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production and wholesale-retail sales.” (Contrary to popular belief, recession does not require two consecutive quarters of falling output.) Though the NBER's wonks will not pronounce for many months, their criteria look increasingly likely to be met.
Anni is probably a waitress, or maybe a retail sales clerk I assume…you are an un-educated mess throwing facts around that are, in fact, not factual…
WOO HOO JEN!!! You said it girrl.
There are plenty of jobs in Texas…quit whining and get up off ur butt and reloacte to where the jobs are. I know it is not the ideal but ya got to go what ya got to do!
Unemployment has nothing to do with Democrat or Republican, get with it people and read more than gossip columns for your informtion…
I CAN'T BELIEVE HOW THIS COUNTRY IS TURNING OUT. I'M DONE WASTING MY WORDS ON BUSH!
GO OBAMA!!!
GO OBAMA!!!
GO OBAMA!!!
BUSH sucks!!!!!!!!!!!!! Glad his ass is out of here soon!! GO back to Texas and fucking stay put!!
Perez…please shut up. I did not come here to read about the unemployment rate. Stick to what you do best please.
Why do people keep talking about Bush … he actually has zero to do with this mess…zero.
Re: KatieBremer –
Wow Katie, that joke has never been used before! You probably shouldn't be aiming for a job that requires any creativity.
Get a clue people. The soley is not the president's fault. And do some research. Although it was a big hike, its still the lowest in decades you stupid morons who have no problem pushing your own agenda without the facts.
"United State's"??? Perez learn how to write. jeez.
Yes Perez, this is undoubtedly the WORST NEWS OF THE WEEK. If you can't think of one worse event going on, you need to burst the little bubble you're living in and step out into the real world. Life does not begin and end with Hot Topic, your blog or hosting parties in Vegas.
Re: KatieBremer – its not bush's fault that you cannot get a job. there are job hirings everywhre. go flip burgers or deliver pizzas. Oh Im sorry, are you in that group that won't take these types of jobs. I just went on monster and there are tons of jobs. stoping being picky and get a job and then look for one that is right for you. there are jobs out there, its not bush's fault because your too good to work.
Re: fu –
Wow you are incredibly productive when you post.
exactly what i expect from a republican.
Re: rach – Hey, Rach! I did go to college and yet I still lost my job. Count me as one of those who are now unemployed.
so the american dollar aint worth shit,
who cares right?
who cares that we have borrowed all this money and can't pay it back.
who cares that there are no well paying jobs for the average citizen, right?
Re: Devore – Really? Are you seriouse? Stop your whining…how's aboot a kleenex?
Unemployment has nothing to do with the President, and everything to do with the DEMOCRATIC congress that is FUCKING US OVER. In 2006 unemployment was at 4.5% and has jumped over 10% since our last election. (the SAME point can be made for gas prices, which, in 06 .ere at $2.20 per gallon)
And in the late 70s during the Carter administration unemployment was between 8 and 12 percent! Imagine that! It's 5.5 percent and people are panicking…it's still the lowest in history and the Liberals are making a huge deal out of it. Elect Obama, get the Democrats in control of Congress and the White house, let them raise taxes and impose all these environmental acts and we will see the economy tank like a lead balloon…and all the while they will blame the Republicans.
Ahem:
Economic Conditions Portrayed as Positive During Clinton Presented as Negative for Bush
* Clinton Good; Bush Bad: Stories about jobs during Bill Clinton’s reelection campaign were positive 85 percent of the time – more than six times as often as they were for Bush, despite similar economic data. Reporters praised the Clinton unemployment rate of 5.6 percent as “low,” but they downplayed a 5.4 percent rate under Bush and called job growth “anemic.”
* Good News Becomes Bad News: Under Bush, reporters presented good economic data as bad news stories by minimizing positive achievements and emphasizing people who might be out of work or regions of the U.S. that were still “struggling.” The opposite approach was taken under President Clinton. Then, reporters explained away a 0.2 percent rise in unemployment as minor or, “not necessarily bad news.” …
So a .2 percent rise up from 5.6 percent unemployment under Bill Clinton was good news. But a .1 percent uptick from 4.5 percent unemployment under President Bush is the end of the world.
It was ever thus with our Democrat controlled media.
um its actually over 8 percent. find out more about it on democracynow.org