All eyes on national job-growth numbers

  • Article by: DEE DePASS , Star Tribune
  • Updated: January 7, 2010 - 7:48 PM

Figures released Friday could show that the country added jobs for the first time in two years.

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  • Comments

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BudweisercsJan. 7, 10 8:07 PM

More and more government spending, growing government, and bleeding the private sector that barely has a pulse? There is the one and only ray of hope in the article: Proposed tax cuts for small business. When will Obama see this present course of action is only making the problem worse?

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drwilkowJan. 7, 10 8:17 PM

Blame it all on President Obama??? It's not his fault, McCain wouldn't have done any better........ The problem is that so much of our manufacturing capacity is now offshore....China, India, etc...... What do we make in America anymore?? All I ever seem for new economic growth is another Super WalMart opening up somewhere or more dead-end seasonal jobs create a brief spike in hiring.... Our economy is still consumer driven and unless consumers start spending their way back to oblivion we are in for more gloomy economic growth and it doesn't really matter who is in the White House anymore in the global economy.

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taxesJan. 7, 10 8:22 PM

Kiplingers Personal Finance, page 13. The story is "Jobs:Get Rready for a Rebound". The story goes on to read, "the percentage of firms adding jobs doubled from an all-time low of 6% in July to 12% in October" I hope that those of you that are unemployed can find some solice in this bit of news.

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damageJan. 7, 10 8:27 PM

it doesn't matter who is in office.. if Americans..have cheap/stable gas prices..That is the reason we had growth for all those years.. there are so many commuters...and it affects tourism.. car sales .. .everything ...until we have stability there.. there will not be a recovery... period...

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notaxmaxJan. 7, 10 8:53 PM

Since you can't refile after all your benefits are gone you don't count anymore in the unemployment numbers. Either someone misquoted or Stinson is dead wrong.

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damageJan. 7, 10 8:53 PM

but it is the truth......

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adhemarJan. 7, 10 9:06 PM

However, she noted that December's initial jobless claims were very high -- about 450,000 new claims a week. That's "a week"!

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truax78Jan. 7, 10 9:49 PM

Because initial job losses can be offset by job gains!

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useandabuseJan. 7, 1010:58 PM

Unemployment is 10 percent according to the fluffy, good news, birth and death model, but is far from reality. Our government loves to keep us in the dark, it's what they do best actually. If the majorit of americans found out the truth....why there might just be a revolution, and we all know the number one goal of a politician is to preserve their own career.

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wearebrokeJan. 8, 1010:05 AM

we ahould be asking two questions;what is the real unemployment rate and what is the true inflation rate. the way these numbers have been calculated have evolved over the years.

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