May Job Numbers

TXgolfer

TXgolfer

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Stocks fell sharply Friday after the release of a dismal report on hiring and employment in the United States. The Dow Jones industrial average dropped more than 200 points, leaving it down for the year.
The Standard & Poor's 500 index and Nasdaq composite index both fell more than 2 percent, and the Dow was on track for its steepest one-day drop in more than six months.
American employers added just 69,000 jobs in May, the fewest in a year, and the unemployment rate increased to 8.2 percent from 8.1 percent. Economists had forecast a gain of 158,000 jobs.
The report, considered the most important economic indicator each month, also said that hiring in March and April was considerably weaker than originally thought.
"The big worry now is that this economic slowdown is widening and accelerating," said Sam Stovall, chief equity strategist at S&P Capital IQ, a market research firm.
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Jobs report sends stocks spiraling, Dow turns negative for 2012 - San Jose Mercury News

Looks like the turtle bridges and condom studies aren't going to right the ship after all. :aw:
 
Wirelessly posted

I was hired in May. Starting work Monday. So count me as a newly employed person. :)
 
Wirelessly posted

TXgolfer said:
Babyblue said:
Wirelessly posted

I was hired in May. Starting work Monday. So count me as a newly employed person. :)
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Congrats! Only many millions to go :lol:
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I searches for nearly 7 months. It was difficult in the job market so.....YES!!!! I am thrilled about it. Finally put my Pharmacy skills to use.
 
Congrats! Me still employed with same company for almost 6 years, and had other job before that.

I know job market isn't great nowadays.
 
Babyblue said:
Wirelessly posted

I was hired in May. Starting work Monday. So count me as a newly employed person. :)
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Babyblue said:
Wirelessly posted



I searches for nearly 7 months. It was difficult in the job market so.....YES!!!! I am thrilled about it. Finally put my Pharmacy skills to use.
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Congratulation on your new job. :)

For news, it looks not good. :ugh:
 
diehardbiker said:
Congrats! Me still employed with same company for almost 6 years, and had other job before that.

I know job market isn't great nowadays.
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Yup, my sister couldn't find a job for 1 year now and she has spotty job history.
 
saywhatkid said:
We can only hope that the great Mitt the Messiah gets elected, so all you Righties can shut up and fade away. What will you complain about when your Nirvana becomes a reality?
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Either Obama or Mitt gets elected so we will go back to recession.

Why? because of the Congress and flaws in two party system.
 
saywhatkid said:
We can only hope that the great Mitt the Messiah gets elected, so all you Righties can shut up and fade away. What will you complain about when your Nirvana becomes a reality?
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I'll be complaining about Mitt too. He is not much better and not trustworthy.
 
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