Bad News Economy



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Topic: Science > Abortion
User: "Gactimus"
Date: 16 Aug 2004 09:00:37 AM
Object: Bad News Economy
1) "Average hourly and weekly earnings fall in February"
2) "Economy drops 9,000 jobs in April"
3) "U.S. loses another 46,000 jobs in May"
4) "Job growth weak: economy adds just 6,000 new positions last month"
5) "Manufacturing sector loses 4,000 jobs"
6) "4,000 more jobs vanish from manufacturing sector"
7) "Manufacturing sector hit hard once again; 27,000 additional jobs lost in July"
8) "282,000 manufacturing workers have lost their jobs over the past 14 months"
9) "Economy drops 35,000 jobs in September"
10) "Average weekly earnings decline by 1.2 percent last month"
Okay, folks. In what year or years did those headlines run? Anyone?
That's a trick question!
None of them are headlines.
But they are, however, actual, objective, historical events.
From 1995 and 1996, under Saint Bill Clinton.
.

User: "john grove"

Title: Re: Bad News Economy 25 Aug 2004 06:43:26 PM
Gactimus <gactimus@xrs.net> wrote in message news:<p1yavw5c85uw.dlg@alaska.local>...

1) "Average hourly and weekly earnings fall in February"

2) "Economy drops 9,000 jobs in April"

3) "U.S. loses another 46,000 jobs in May"

4) "Job growth weak: economy adds just 6,000 new positions last month"

5) "Manufacturing sector loses 4,000 jobs"

6) "4,000 more jobs vanish from manufacturing sector"

7) "Manufacturing sector hit hard once again; 27,000 additional jobs lost in July"

8) "282,000 manufacturing workers have lost their jobs over the past 14 months"

9) "Economy drops 35,000 jobs in September"

10) "Average weekly earnings decline by 1.2 percent last month"

Okay, folks. In what year or years did those headlines run? Anyone?

That's a trick question!

None of them are headlines.

But they are, however, actual, objective, historical events.

From 1995 and 1996, under Saint Bill Clinton.

It took awhile to pull out of the Bush/Reagan Recession, but 20 million jobs
were added by 2000.
? Et tu Shrubus ?
JG
.
User: "Mark Neglay"

Title: Re: Bad News Economy 27 Aug 2004 07:41:53 AM
(john grove) wrote in message news:<ab67fbc2.0408251543.39d4d68d@posting.google.com>...

Gactimus <gactimus@xrs.net> wrote in message news:<p1yavw5c85uw.dlg@alaska.local>...

1) "Average hourly and weekly earnings fall in February"

2) "Economy drops 9,000 jobs in April"

3) "U.S. loses another 46,000 jobs in May"

4) "Job growth weak: economy adds just 6,000 new positions last month"

5) "Manufacturing sector loses 4,000 jobs"

6) "4,000 more jobs vanish from manufacturing sector"

7) "Manufacturing sector hit hard once again; 27,000 additional jobs lost in July"

8) "282,000 manufacturing workers have lost their jobs over the past 14 months"

9) "Economy drops 35,000 jobs in September"

10) "Average weekly earnings decline by 1.2 percent last month"

Okay, folks. In what year or years did those headlines run? Anyone?

That's a trick question!

None of them are headlines.

But they are, however, actual, objective, historical events.

From 1995 and 1996, under Saint Bill Clinton.


It took awhile to pull out of the Bush/Reagan Recession, but 20 million jobs
were added by 2000.

Actually, around 18.5 million. Of course, the civilian
noninstitutional population grew by 18.6 million during this same
period. (Faster than jobs grew) Meanwhile, from January of '81
through December of '88, we saw 16.1 million new jobs while the
civilian noninstitutional population grew 15.5 million. (Slower than
jobs grew).
The '90 recession was short-lived and mild. If you want to see a real
turn-around, compare the last years of Carter and the First years of
Reagan to the late '80s.
.
User: "john grove"

Title: Re: Bad News Economy 29 Aug 2004 01:51:48 PM
(Mark Neglay) wrote in message news:<d36d7e45.0408270441.533ae565@posting.google.com>...

jgrove24@hotmail.com (john grove) wrote in message news:<ab67fbc2.0408251543.39d4d68d@posting.google.com>...

Gactimus <gactimus@xrs.net> wrote in message news:<p1yavw5c85uw.dlg@alaska.local>...

1) "Average hourly and weekly earnings fall in February"

2) "Economy drops 9,000 jobs in April"

3) "U.S. loses another 46,000 jobs in May"

4) "Job growth weak: economy adds just 6,000 new positions last month"

5) "Manufacturing sector loses 4,000 jobs"

6) "4,000 more jobs vanish from manufacturing sector"

7) "Manufacturing sector hit hard once again; 27,000 additional jobs lost in July"

8) "282,000 manufacturing workers have lost their jobs over the past 14 months"

9) "Economy drops 35,000 jobs in September"

10) "Average weekly earnings decline by 1.2 percent last month"

Okay, folks. In what year or years did those headlines run? Anyone?

That's a trick question!

None of them are headlines.

But they are, however, actual, objective, historical events.

From 1995 and 1996, under Saint Bill Clinton.


It took awhile to pull out of the Bush/Reagan Recession, but 20 million jobs
were added by 2000.


Actually, around 18.5 million. Of course, the civilian
noninstitutional population grew by 18.6 million during this same
period. (Faster than jobs grew) Meanwhile, from January of '81
through December of '88, we saw 16.1 million new jobs while the
civilian noninstitutional population grew 15.5 million. (Slower than
jobs grew).

The '90 recession was short-lived and mild. If you want to see a real
turn-around, compare the last years of Carter and the First years of
Reagan to the late '80s.

The largest single week number of unemp. filings occured under Bush I,
during the 1990-91
time period, about 890,000 canned in one week.
JG
.
User: "Steve Hix"

Title: Re: Bad News Economy 29 Aug 2004 07:58:29 PM
In article <ab67fbc2.0408291051.733c937b@posting.google.com>,
(john grove) wrote:


The '90 recession was short-lived and mild. If you want to see a real
turn-around, compare the last years of Carter and the First years of
Reagan to the late '80s.


The largest single week number of unemp. filings occured under Bush I,
during the 1990-91 time period, about 890,000 canned in one week.

Which was what percentage of the national workforce?
Raw numbers don't mean a whole lot; the total workforce has changed a
lot in size over the course of the last century. Percentages, or in the
case of things affecting tiny fractions of the whole, rates per 100K or
1M are a lot more meaningful.
.




User: "JanV"

Title: Re: Bad News Economy 16 Aug 2004 11:11:17 AM
On number of jobs: just comparing 1995, 1996 with 2003, 2004 here (from
database at bls.gov), I don't think it is fair to judge only on one extreme
value in a time series with some variation:
Monthly change in total number of jobs (in thousands):
1995 321, 211, 220, 163, -9, 227, 71, 278, 239, 149, 144, 140 (average
179.5)
1996 -18, 435, 255, 165, 329, 271, 228, 203, 218, 238, 292, 177 (average
233)
2003 94, -159, -110, -20, -28, -14, -45, -25, 67, 88, 83, 8, (average -5)
2004 159, 83, 353, 324, 208, 78(p), 32(p), , , , , , (average 177)
Monthly change in manufacturing number of jobs (in thousands):
1995 41, 5, -1, 15, -18, -10, -32, 23, 5, -31, -8, 23, (average 1)
1996 -24, 23, -37, 12, 17, 5, -4, 33, -2, 15, 8, 9, (average 4.6)
2003 -61, -68, -53, -94, -49, -60, -62, -48, -29, -24, -7, -20,
(average -48)
2004 -10, 7, 23, 21, 31, -1(p), 10(p), , , , , , (average 11)
On weekly and hourly earnings:
Fact 1) didn't happen. In the preliminary data of Feb 95, only weekly
earnings fell slightly, in 96 only hourly earnings
On fact 10) There was a 0.8% drop in weekly earnings in the final data, and
you can't blame Clinton for extreme weather (from news release about Jan 96:
"Unusually severe weather
in the eastern part of the country affected the number of payroll jobs in
January and also caused a particularly large drop in the average workweek."
"Gactimus" <gactimus@xrs.net> wrote in message
news:p1yavw5c85uw.dlg@alaska.local...

1) "Average hourly and weekly earnings fall in February"

2) "Economy drops 9,000 jobs in April"

3) "U.S. loses another 46,000 jobs in May"

4) "Job growth weak: economy adds just 6,000 new positions last month"

5) "Manufacturing sector loses 4,000 jobs"

6) "4,000 more jobs vanish from manufacturing sector"

7) "Manufacturing sector hit hard once again; 27,000 additional jobs lost

in July"


8) "282,000 manufacturing workers have lost their jobs over the past 14

months"


9) "Economy drops 35,000 jobs in September"

10) "Average weekly earnings decline by 1.2 percent last month"

Okay, folks. In what year or years did those headlines run? Anyone?

That's a trick question!

None of them are headlines.

But they are, however, actual, objective, historical events.

From 1995 and 1996, under Saint Bill Clinton.

.


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