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Total nonfarm payroll employment continued to trend down in May (-49,000).

Thing is, that's a 'net-net' number... and 'good jobs' (read those you could actually live on v minimum wage hairnet & nametag positions) declined by > 150,000!

the devil is in the details...

Some basic math for the kool-aid drinkers out there that are all warm and fuzzy about John Sydney McCain III's* 3.0 rev of BushCo.

(*that's right, with a name like that of course he went to a private,   segregated, ALL MALE boarding school in Northern Virgina...he wuld have gotten his ass KICKED in public school!)

Yup,... i agree (and so did the market), a loss of 49,000 non-farm jobs off the national payroll sucks.

Only thing is, it wasn't 49,000, it was MUCH MUCH worse.
It ALWAYS is.  The number that the labor Department reports the first Friday after a trailing month is a NET NET number.  

The REAL non-farm payroll jobs lost last month was actually more thn 3X higher!!:  

Construction > -34,000
Manufacturing*  > -26,000
Trade, transportation, and utilities > -41,000
Professional and business services > -39,000
                                              >> 140,000


*  Thus far in 2008, monthly job losses in manufacturing have averaged 41,000 compared with 22,000 a month in 2007 and 14,000 a month in 2006.

so, REAL jobs (fair wage for fair days work manufacturing jobs) loss(es) are ACCELERATING from 2006 > 2007 and into 2008!

but !! (starving) commissioned real estate agents postions are UP !
so are, hairnet** (food service) jobs but...

** "job growth in this industry has slowed recently.  Employment gains averaged 12,000 per month from November through May,compared with 27,000 per month during the first 10 months of 2007." so, you'd better get cracking even the hairnet jobs are drying up AND you're gonna have to compete with that summer HS crowd.


i hear 9/11-9/11-9/11 > terror-terror-terror & anti-gay marriage will be 'playing' AGAIN this summer, new cast McSame et al, and same puppetmaster (Rove et al).

can we expect that you IDIOTS will keep right on voting re-THUG aginst your own economic best interests ? - or - can we look forward to y'all 'sacking up' and not letting these fearmongers frighten you into gettin' your panties in a bunch and putting your sorry asses in the hands of the (BAD) 'daddy's...again?

Originally posted to Ken Tucker on Fri Jun 06, 2008 at 09:07 PM PDT.

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Comment Preferences

  •  This is great data, and a good diary. (2+ / 0-)
    Recommended by:
    kurt, jfromga

    It isn't getting much attention.  Maybe you could spend some more time explaining it - (I spent 5 minutes looking at the the chart with my head tilted to the side a little bit before I finally got what it was saying.)  You obviously know what you're talking about, and this is important info.
      It might be a little hysterical at the end, though.  Consider reposting it sometime other than a Friday night.

    Auntie Em: Hate you. Hate Kansas. Taking the dog. Dorothy

    by haremoor on Fri Jun 06, 2008 at 09:32:35 PM PDT

    •  Bombs away with bombay gin... (0+ / 0-)

      apoligies for the 'rant' shrouded, fact-based, expose.

      you were right, hot day, cold gin and pissed off don't make for the most eleoquent of arguments.

      the numbers ARE the numbers tho...

      " these new dark ages There will still be light."

      by Ken Tucker on Sun Jun 08, 2008 at 10:46:51 AM PDT

      [ Parent ]

  •  Little constructive critisism (0+ / 0-)
    You passion shows through the in the Diary, but your passion gets in the way of the facts. The facts are stong enough to stand alone. I think a stronger diary would be to give us the facts and than show us your passions.

    you are so right millions of Americans are losing their jobs and they aren't being replaced by good paying jobs, but by jobs in the service industry. As American becomes a more service based economy we most provide a fair wage for these workers.

    We can start this process by removing the burden of health care from employers and transfer it to the people and the goverment.

    •  "....passion gets in the way of the facts." (0+ / 0-)

      noted and appreciatively acknowldeged.  the 'passion' was (partially) 'fueled' by a hot day and cold Bombay Gin, and, it's difficult NOT to succumb to the 'call to arms' invigoration of catching them in a bold 'lie'.  

      years in sales tells me that emotion 'sells', even though i've always been a 'facts based' knda guy. (why i'm not retired already, the difference between a salesman and a conman is intent.

      keep 'shining a lihgt' on 'em.

      " these new dark ages There will still be light."

      by Ken Tucker on Sun Jun 08, 2008 at 10:42:29 AM PDT

      [ Parent ]

  •  Those who want to hide their heads in the (0+ / 0-)

    sand and ignore the reality of a Bush third term are no better than those who carried out the policies that have cause this economic mess.

    Finally, a chance to do the country some good and they will use their voting power for spite.

    Will their heads explode when Obama actually wins?

    by berkelbees on Fri Jun 06, 2008 at 09:47:50 PM PDT

  •  Unemployment Rate Question (0+ / 0-)

    My understanding is that the unemployment rate excludes anyone who has given up on finding a job. How does one find out the total percentage of working age people without a job, then?

    McCain will add hot water to dehydrated babies.

    by Michael D on Fri Jun 06, 2008 at 09:57:54 PM PDT

    •  Estimations (0+ / 0-)

      We still get new job creation numbers, and we have a decent idea about population growth.

      According to Cheney, though, all of those numbers are wrong: every single one of those who have fallen off the unemployment rolls are now making great money on eBay.  So don't worry about them, 'kay?

      Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. - William Pitt

      by Phoenix Rising on Fri Jun 06, 2008 at 11:10:06 PM PDT

      [ Parent ]

  •  Just a suggestion (1+ / 0-)
    Recommended by:

    I have a name like that, and I did get my ass kicked in school.  And I didn't find it funny.

    More, I attended a public school and am a staunch Obama supporter.

    So if you could kindly remove the bully language, I'd appreciate it - we don't need it.  Thanks.

    Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. - William Pitt

    by Phoenix Rising on Fri Jun 06, 2008 at 11:08:10 PM PDT

    •  crap (0+ / 0-)

      Tried to rec this comment.  Kos won't let me.  I'll try again.  I hope you don't get a "hide" rating.

    •  mis apoligas, Phoenix Rising (0+ / 0-)

      I took got MY ass kicked in HS, and,  it wasn't by virtue of name, just not inside the 'in' crowd during the 50's was (non)reason enough to get wailed on, mis apoligas for reviving bad memories.

      and, while not defending the attribution, i can only say that it was intended to encourage folks to be ready for what we KNOW he is going to do to Barack Hussien Obama, some 'anti-common man' ammo.  McSame was/is mean, misogynistic, AND aggressively ignorant.  The same kinda guy that would (STILL) look at these numbers and say 'only' 49,000 jobs we lost:

      "I don’t believe we’re headed into a recession," he said, "I believe the fundamentals of this economy are strong and I believe they will remain strong."

      the 'bully' was/is McCain

      " these new dark ages There will still be light."

      by Ken Tucker on Sun Jun 08, 2008 at 09:52:52 AM PDT

      [ Parent ]

  •  They lie all the time (0+ / 0-)

    From what I can see the Feds lie about the economy constantly. Another big lie is the rate of inflation and the yearly increase in the cost of living. If you listen to them, they will tell you it's averaging somewhere between 3% and 4% yearly. Yeah right, one just has to go about their daily life to see otherwise, energy,food,everything has been taking off. I'm guessing a more accurate measurement would be closer to between 15% and 20% yearly.

  •  REAL numbers 14% unemployment 12% inflation (0+ / 0-)

    And don't bother with the McCain insults..... no real relevance to the numbers

    Yeah, he WAS a screw-up and not all that bright when it came to academics..... near the bottom of his Annappolis class - couldn't even be the last in class - who gets paid for the 'honor' by every other member of the class....

    But then Bush was a screwup too and look how far HE got.....

    GO look up Mencken's quote about the American voter and the Presidency (he nailed it in the 1920's)

    •  a round of H.L. Mencken, for every(man) (0+ / 0-)

      Democracy is the theory that the common people know what they want and deserve to get it good and hard.
      H. L. Mencken

      Every decent man is ashamed of the government he lives under.  H. L. Mencken

      Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats.  H. L. Mencken

      a life-long quote appreciator and saver, i'm always thankful for direction to new/old wisdom.  the third Mencken quote is MY personal fav and have been referencing it for years (at least 7).

      as for 'thumping' McSame as an after thought.  i think it IS relevant to tie the (not so) 'common man', McSame.  tho not 'shake and bake' he helped.

      " these new dark ages There will still be light."

      by Ken Tucker on Sun Jun 08, 2008 at 08:57:08 AM PDT

      [ Parent ]

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