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Ugh: Total US Employment Falls by 169,000 Jobs in April

Birdman III Wrote: May 04, 2012 10:57 AM

People, people, people - you must understand that government cannot create jobs. All government can do is change the environment wherein jobs can be created or destroyed. What destroys jobs? Government regulations, taxes, penalties and strong armed tactics. Private businesses are in business to make money... not to create jobs. Jobs are merely a side expense that businesses endure to make more money. Take money away from the money making businesses and lay people off to retain and keep as much money as they can. The world does not owe anyone of you a job. Get a life and get a job... make yourself profitable for your employer... or not and suffer. Your choice.

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theerighthstuff Wrote: May 04, 2012 11:05 AM

Government de-regulation can create havov in the entire financial system. remember 2007-208?

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Rodney105 Wrote: May 04, 2012 11:12 AM

Remember Dodd-Frank. Go try to start a business. I doubt you would even know where to start as the left finds it easier to feed off of a nations wealth rather than helping to grow it. Then come to websites and proclaim that those who produce are somehow evil. Maybe mommy will trim the crust off your pb & j today.

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Birdman III Wrote: May 04, 2012 11:33 AM

The Government does NOT, can NOT create jobs. It can destroy jobs just fine.

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Ugh: Total US Employment Falls by 169,000 Jobs in April

This formulation is wearing thin, but the "good news" is the US unemployment rate fell to 8.1 percent last month. The bad news is that the U3 figure dropped for all the wrong reasons, and other crucial indicators looked decidedly gloomy -- again:

Nonfarm payroll employment rose by 115,000 in April, and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care, but declined in transportation and warehousing. Both the number of unemployed persons (12.5 million)...

Related Tags: Unemployment Barack Obama Jobs and Economy Workforce Participation