statistics are distorted

TheAustrian | Jan 17, 2013 09:42 AM ET Of course the statistics are distorted by government sources, but we should be asking a second question: Does the lack of firings mean that firms are actually hiring? The answer is a definitive "no". Firms have laid off so many people during the recession that many are operating on fewer personnel than are necessary to adequately do the job. It stands to reason that initial claims would decline over time even if the economy were still in recession. The "magic" 400,000 number you see analysts talk about represents a much larger portion of the total workforce than it used to. The numbers today are not comparable to historical averages, and they know it. The numbers may mean fewer people are being laid off (maybe), but it does not mean that people are finding new jobs, let alone good ones

No_kidding | Jan 17, 2013 09:42 AM ET Yesterday the housing experts admitted they were not optomistic over the next six months. Today, because it appeared that December looked pretty good, everyone is excited. Amazing what 24 hours will do. Because the past looked decent we can ignore the pessimistic future.

NewDay12 | Jan 17, 2013 09:43 AM ET t_dizz | Jan 17, 2013 08:58 AM ET ezparr5, enough with the we are taxing the heck out of the small businesses. Corporate taxes haven`t gone up or down. If you own an S corp and are being paid more than 500k per year you are seeing a slight up tick in your taxes. Not enough to prevent you from living and doing business. The job market is only terrible for the unskilled and those who are college grads who are probably not as bright as you might think. There are jobs but you might have to move to find a job. It might be one of the US`s main problem is we plant roots in one place and never consider leaving an area where there is no work to go to another where there are jobs. ++++++++++++++++++++++++++++++ We said...I`m

Yakov72 | Jan 17, 2013 09:43 AM ET Well, 2 things. "The housing market has regained some footing after a historic collapse"(c) It more like close to the peak to me. Second... you see, guys, isn`t what happing now proves me right: market for quite some time is a almost a pure speculation? Otherwise, we should have been like 2-3% up?

sezwhom | Jan 17, 2013 09:46 AM ET So this means no more QE...right? Oh darn. Not Bullish.

Yakov72 | Jan 17, 2013 10:02 AM ET NewDay12 | Jan 17, 2013 09:40 AM ET I`m not saying things are not getting better....they are.....at least in my area.......but we are definately not in a "recovery" === Actually, I would argue that we are in "recovery". Just, I would also take this recovery into parentesses. It`s been so much pumped up by Feds so it`s now living on it. Should they stop, I don`t think it would continue. Should they continue, it`d be even worse, imo - just later on. Finally, as I`ve mentioned before, I think that housing is actually close to its peak. And multifamily, possibly, is already there.

PaulMcGee | Jan 17, 2013 10:07 AM ET ezparr5 | Jan 17, 2013 08:50 AM ET Why is it that I do not believe anything that the government publishes anymore? ======================================== That`s easy. You don`t believe things that dispute your twisted view of the world. Stick with Fox News, they`ll give you what you want.

igor1732 | Jan 17, 2013 10:29 AM ET anyonesane I know, in your affluent area, the number is well above 15%. Too bad fof your area..

Yakov72 | Jan 17, 2013 10:47 AM ET Btw, one more thing about housing Have you noticed a small, non-flashy report? It had a flashy number, though, of $50B granted from our pockets for North-East housing recovery.

anyonesane | Jan 17, 2013 11:20 AM ET @ignorant: I posted a very straightforward set of facts, straight from the BLS report. You on the other hand only know how to bash. I made no comment regarding an ongoing recovery, only a strangeness in the numbers. Go back on your meds. FWIW, unemployment in my area is around 4.5%, and in some counties it is less than 4. Happy?






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