Comments about ‘US employers add 165K jobs, rate falls to 7.5 pct.’

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Published: Friday, May 3 2013 2:46 p.m. MDT

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one vote
Salt Lake City, UT

The President's policies have succeeded. This creates the great irony where the conservative free market advocates must admit that there hope of a ruined economy was purely political sour grapes and all they wanted was power, not the best interest of the country.

Badger55
Nibley, Ut

One Vote,
The labor participation rate is at a 30 year low. Sure the UE rate will go down if people leave the workforce or their UE benefits run out and they stop looking for work. Is it Obama's fault? not really, but he paints the picture that everything is fine and people keep buying into it. The US has not even begun to recoup the job losses that occurred in the recession(not even adding enough jobs to keep up with people entering the workforce). We have just been skipping a long the bottom with this new normal economy. The Economy needs roughly 200K new jobs every month just to keep up with people hitting the working age and entering the workforce. Keep up with the conjecture and scare tactics though.

one vote
Salt Lake City, UT

Its all getting good, unless all bad works for your political agenda. Gold to 1000 soon. Doom and gloomers better watch out for gold. People that buy out of fear, sell out of fear.

JWB
Kaysville, UT

They don't mention anything about the agricultural jobs in this report which increases employment this time of year. He is still campaigning on the below 8 percent and skews the information process, even though data is there that shows the opposite. Hillary's man knew how to spin data for his processes, except for knowing what the definition of "is" is.

Politics and numbers win elections without integrity. The leader in Bangladesh stating that the building collapse isn't significant. Tell that to the 500 plus who have died, some who can't be identified. Are we becoming like other countries or are they becoming like us. Integrity doesn't seem to be part of politics. The BLS has been pretty valid with statistics over the years. However, our President keeps on telling the world we aren't as good as some believe we have been for 200 plus years. We used to be an ensign to the nations and leadership or lack thereof has not helped us in 50 years. Congress doesn't hold the President's feet to the fire, they allowed him to dictate how they should vote on Obamacare. Many Democrats are afraid to do that again.

The Real Maverick
Orem, UT

Go Obama!

What will repubs do in 2016 when the economy has finally recovered? What will repubs lean on then?

RedShirt
USS Enterprise, UT

Now before you liberals start giving each other high fives, look at the labor participation rate. We are now at a labor participation rate of 63.3% (BLS data), the last time we saw a rate that low was in 1979. The US labor participation rate is a great concern because people are no longer bothering to look for work.

Who do you think has to pay for all of those people who are no longer working? Where do we get the tax money that they used to contribute?

lost in DC
West Jordan, UT

Maverick,
we will ask why it took BO EIGHT YEARS when it should have only taken 8 months.

BTW, is 49% a majority yet?

10CC
Bountiful, UT

A lot of the folks who have left the workforce had jobs that paid a lot more than the replacement jobs we're seeing in this recovery.

Stepping away from the perpetual GOP-vs-Democrat, pro- and anti- Obama back and forth punches thrown, what we're seeing is a gradual reduction in Americans' expectations of standard of living, as younger people take the jobs that are available, and ratchet down their expectations of salary and a well-paying career, and where the folks who've dropped out of the workforce have determined they can make it without working, probably eating away at 401K programs, unemployment insurance, or whatever they can get to make it by.

I would imagine we'll see stagnation (at best) or gradual decline of the median household income, as globalization and technology deplacement take their toll.

This has nothing to do with who is president, by the way. It would have been exactly the same if Romney was elected.

m.g. scott
clearfield, UT

For all you cheerleaders, Bushs' average rate was around 4.8% for most of his presidency. And that included a much worse take off than Obama had to deal with. Remember, Sept. 11, 2001? And all you Obamaites must not forget that your talking point up to now is supposed to be "The New Norm". Miss Bush yet? I do.

christoph
Brigham City, UT

The economy will continue to go up, up, up; many economists see a 16,000 Dow Jones next year and then maybe a 20,000 Dow Jones by the end of the decade. Irony will be however, that the President, will not get the credit for this--America gets bored with 2nd terms, and will start talking of the future and the next presidential cycle. The media builds up politicians into superheroes, then tears them down. That is also a cycle. The great challenge in the next 20 years won't be poverty, it will be wealth.

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