Jobs Return in 2012????
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| Thu, 11-05-2009 - 11:21am |
I am a suspicious person by nature. I question everything. There's very little in this world I trust anymore. When I see something like this my first thought is 2012- election year. There is no other reason for such a huge increase in job creation all of a sudden in one particular year. (Why bother - the world's going to end anyway LOL)
So, can we assume from this information that employers are holding something back from us? That they are simply waiting for another election (for another Republican, perhaps) before they open up and offer up jobs? If true, what does THAT say for corporate support of America? In other words, screw you American workers. When Washington is back to the way WE want it, then we'll consider putting you back to work. This is YOUR punishment for electing Obama.
Jobs will return -- in 2012

NEW YORK (CNNMoney.com) -- The economy is growing again. So when are the jobs that go with growth going to get here?
Not anytime soon, unfortunately.
The consensus forecast is that job losses will continue through the end of this year, with many economists not expecting unemployment to peak until next summer. That will add to the 7.2 million jobs already lost in this downturn.
Even with Thursday's report that showed the economy grew at a 3.5% annual rate in the third quarter, the continued job losses are not a shock.
Jobs are what are known as a trailing or lagging indicator, meaning that they change in response to other economic events, rather than predicting changes the way a leading indicator, such as the stock market, does. That's because even after a recession has ended, employers are slow to add staff until they're sure that demand has returned.
The real worry is that the deepest and longest recession since the Great Depression will be followed by a jobless recovery, just like what happened after the recessions in 1990-1991 and 2001.
Experts said before employers go on massive hiring binges, they are far more likely to restore hours to their part-time employees first. That may be good news for those workers, but not for those looking for jobs.
"We expect to see hours rise first before hiring picks up," said Shierholz. "That's a leading indicator. What's scary is that it's still declining."


It's vicious cycle. If we aren't spending then there wont be a need for more product.
Even with the influx of tax payer monies