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General Category => Off the Record => Topic started by: Weatherman on April 01, 2009, 08:52:37 AM

Title: 700,000 + jobs lost in March
Post by: Weatherman on April 01, 2009, 08:52:37 AM
QuoteNEW YORK (Reuters) - Job losses in the U.S. private sector accelerated in March, more than economists' expectations, according to a report by ADP Employer Services on Wednesday.

Private employers cut jobs by a record 742,000 in March versus a 706,000 revised cut in February that was originally reported at 697,000 jobs, said ADP, which has been carrying out the survey since 2001.

http://www.reuters.com/article/newsOne/idUSTRE5303F820090401

Ouch.  :(
Title: Re: 700,000 + jobs lost in March
Post by: Valmy on April 01, 2009, 08:53:27 AM
I assume most of those were in the retail sector.
Title: Re: 700,000 + jobs lost in March
Post by: PDH on April 01, 2009, 08:59:38 AM
I hope they find them soon.
Title: Re: 700,000 + jobs lost in March
Post by: Admiral Yi on April 01, 2009, 09:05:29 AM
Not good.  I had hoped we were close to troughing.

I blame Bush of course.
Title: Re: 700,000 + jobs lost in March
Post by: Berkut on April 01, 2009, 09:08:52 AM
Of course, its not like Obama promised that his spendulus plan would "create or save" 4 billion jobs or something.
Title: Re: 700,000 + jobs lost in March
Post by: Capetan Mihali on April 01, 2009, 09:15:32 AM
April Fools!
Title: Re: 700,000 + jobs lost in March
Post by: Admiral Yi on April 01, 2009, 09:18:26 AM
I like the avatar Weatherman. :D
Title: Re: 700,000 + jobs lost in March
Post by: Caliga on April 01, 2009, 09:29:16 AM
I saw a pretty funny YouTube video that had a guy dressed up like Hitler making the "'Jews' sounds like 'juice' joke".
Title: Re: 700,000 + jobs lost in March
Post by: Richard Hakluyt on April 01, 2009, 11:22:21 AM
Quote from: Admiral Yi on April 01, 2009, 09:05:29 AM
Not good.  I had hoped we were close to troughing.



Nowhere near the trough yet, nowhere near.......
Title: Re: 700,000 + jobs lost in March
Post by: derspiess on April 01, 2009, 11:23:19 AM
Quote from: PDH on April 01, 2009, 08:59:38 AM
I hope they find them soon.

No need.  Obama will create them out of thin air.
Title: Re: 700,000 + jobs lost in March
Post by: Weatherman on April 01, 2009, 11:26:32 AM
Quote from: derspiess on April 01, 2009, 11:23:19 AM
Quote from: PDH on April 01, 2009, 08:59:38 AM
I hope they find them soon.

No need.  Obama will create them out of thin air.

Consider a career in the exciting field of hole digging. Dig a hole, fill it back up, and profit!
Title: Re: 700,000 + jobs lost in March
Post by: DGuller on April 01, 2009, 11:30:02 AM
Can we put GOPtards in the holes before filling them back up?  This will turn mere makework into a highly productive enterprise.
Title: Re: 700,000 + jobs lost in March
Post by: Savonarola on April 01, 2009, 11:32:56 AM
Quote from: DGuller on April 01, 2009, 11:30:02 AM
Can we put GOPtards in the holes before filling them back up?  This will turn mere makework into a highly productive enterprise.

Sure, just tell them that there's candy at the bottom of the hole.  Republicans love candy.   :)
Title: Re: 700,000 + jobs lost in March
Post by: Jos Theelen on April 01, 2009, 12:38:34 PM
The ADP-report is not so reliable. Wait until friday, when the NFP-report appears, that will move the market.
Title: Re: 700,000 + jobs lost in March
Post by: MadImmortalMan on April 01, 2009, 05:02:10 PM
Not much, and if so it will only be short-term. The market tries to predict the future. Unemployment numbers predict the past.
Title: Re: 700,000 + jobs lost in March
Post by: jimmy olsen on April 01, 2009, 05:14:30 PM
Damn, that's awful. :(
Title: Re: 700,000 + jobs lost in March
Post by: Ed Anger on April 01, 2009, 05:33:20 PM
Quote from: Savonarola on April 01, 2009, 11:32:56 AM
Quote from: DGuller on April 01, 2009, 11:30:02 AM
Can we put GOPtards in the holes before filling them back up?  This will turn mere makework into a highly productive enterprise.

Sure, just tell them that there's candy at the bottom of the hole.  Republicans love candy.   :)

Candy from babies is extra tasty.
Title: Re: 700,000 + jobs lost in March
Post by: DontSayBanana on April 01, 2009, 06:38:54 PM
7,000 of those were Sprint, all by itself. :ultra: