Comments on: Unemployment Rises In August; 263,000 Jobs Lost

By: Ray H

Ray H — Sun, 04 Oct 2009 17:03:51 +0000

Yeah, you’re being way to optimistic. It’s not just the waiting to see a real recovery starting that will hold back business growth and the employment that will come with it. Too much going on on the legislative level. Health care reform should be dealt with (one way or the other) by the end of the year but there is still crap and tax (and card check?) still looming for next year. This administration is doing its best to pass legislation that is very anti business. Just more liberal shortsightedness; how is business/employment going to grow with the anti business attitude of the libs forcing business growth to be somewhere other than America by making it too expensive to do it here?

By: jonny

jonny — Sat, 03 Oct 2009 14:41:46 +0000

thanks for the post

By: Jim S

Jim S — Sat, 03 Oct 2009 02:24:18 +0000

I think you’re probably too optimistic, Justin. Can you say jobless recovery? How many years now has Wall Street rewarded businesses for mass firings of people? Management doesn’t care. I was listening to an interview with an executive this afternoon on NPR and he was saying that they’re getting the same amount of work done and he discourages anyone who comes to him saying that they need to hire people even though his business isn’t really hurting that much now. There was no mention of how his current employees are dealing with the increased workload. From what I was hearing I really doubt he cares.

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Sat, 03 Oct 2009 02:06:16 +0000

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By: the Word

the Word — Fri, 02 Oct 2009 22:13:50 +0000

And the DOW for the quarter is at its best gains since 1998. Goes to show you that one number does not show the total picture.