U.S. December job losses rise

Disappointing news on the jobs front from the U.S. Employers there laid off 85,000 people in December.

That was a lot more than economists had predicted and was a blow to recent optimism about a recovery in the labor market
B92

Absolute nonsense: complete tosh. All economists everywhere know that unemployment is a lagging indicator. There is no more surprise or wonder about this than there is in the fact that the Sun rises in the east each morning.

However,the realunemployment figure in US is closer to 20%.This figure could've been worst if it wasn't for the massive taxpayers bailouts which keep people in artificial jobs.
The stock market climbs due to companies laying off workers to maintain short term profitability.

Really? So whenever a company lays off employees their market value increases & their stock price goes up? Perhaps you should consider taking Economics 101 again at university.
(Patrik, 13 January 2010 14:

I don't need to study economics at University.I assume you did probably under the guidance of Bernake or Geitner.Did they teach you economics or the art of printing money because this what both these two guys do.

Pehaps you could explain how JP Morgan, for example,after shedding thousands of jobs both in US and Europe and saved from the brink of bankrupsy with billions of taxpayers money announced recently $ billions in corporate profits and bankers bonuses.

BTW It's people who profess themselves to be economists that screwd the world many times over.

why not send some of these jobless to die in Iraq and Afghanistan? That should solve at least a portion of your unemployment problem.

“Really? So whenever a company lays off employees their market value increases & their stock price goes up?”

Believe it or not, yes, that does seem to be the case.

Perhaps you are confusing them with Goldman Sachs? J P Morgan is part of J P Morgan/Chase. They were never in danger of collapsing, and they were the first to pay back the TARP money that the feds more or less thrust upon them.
(Patrik, 13 January 2010 22:01

The $700 billion in funds from the US government's troubled asset relief program (Tarp), was in fact directed to rescue financial institutions including JP Morgan, Goldman Sachs and Morgan Stanleyfrom the brink of collapse and i would refer you to Bernake's statement in the senate where he claimed the US financial system was in a meltdown situation.

"Some people just dont think before they open their mouth the article is about jobs and u get in here saying they should to Iraq and Afganistan to die. Anyways have a good day.
(BES, 13 January 2010 11:53) "

I was only trying to help poor, poor besieged Obama have his cake and eat it too.

Didn't he want to send 30,000 more troops to Afghanistan? And I would assume that he wants, publicly at least, to bring down your ever growing unemployment rate. You put the 2 together and you don't need a PhD thesis to see the ironic logic of my post -- better for your Obama to have these jobless dead in Afghanistan than have them protesting and creating mayhem in the streets of America. Too bad if you can't stomach the irony of my post.

"The stock market climbs due to companies laying off workers to maintain short term profitability.
(Leonidas, 13 January 2010 12:36) "

Really? So whenever a company lays off employees their market value increases & their stock price goes up? Perhaps you should consider taking Economics 101 again at university. The marker has risen for several reasons. First, it sank as low as it did because of widespread panic. Once the dust settled people started to actually evaluate the companies and started searching for bargains in viable companies. (bottom feeding) Also, some companies sold off unprofitable operations, resulting in a stronger and leaner company. Next, people started to take advantage of lower housing prices and started buying again. Everything is not fixed now, but it is improving every day. I had a boss who once said "every now and then you need a good catastrophe to shake out the weak ones that don't have enough sense to give up on their own".

why not send some of these jobless to die in Iraq and Afghanistan? That should solve at least a portion of your unemployment problem.
(lowe, 13 January 2010 10:50)

Some people just dont think before they open their mouth the article is about jobs and u get in here saying they should to Iraq and Afganistan to die. Anyways have a good day.

"Pehaps you could explain how JP Morgan, for example,after shedding thousands of jobs both in US and Europe and saved from the brink of bankrupsy with billions of taxpayers money announced recently $ billions in corporate profits and bankers bonuses. "

Perhaps you are confusing them with Goldman Sachs? J P Morgan is part of J P Morgan/Chase. They were never in danger of collapsing, and they were the first to pay back the TARP money that the feds more or less thrust upon them.

'Absolute nonsense: complete tosh. All economists everywhere know that unemployment is a lagging indicator.

(Leonidas, 13 January 2010 12:36) '

The unemployment figures have been improving steadily for the past few months, and it was expected that this month there might actually have been some job gains. So this number, while much better than the numbers a year ago, was a disappointment. It's not that people don't realize that employment is a lagging indicator, it's that they expected a better figure.

why not send some of these jobless to die in Iraq and Afghanistan? That should solve at least a portion of your unemployment problem.
(lowe, 13 January 2010 10:50)

Some people just dont think before they open their mouth the article is about jobs and u get in here saying they should to Iraq and Afganistan to die. Anyways have a good day.

"The stock market climbs due to companies laying off workers to maintain short term profitability.
(Leonidas, 13 January 2010 12:36) "

Really? So whenever a company lays off employees their market value increases & their stock price goes up? Perhaps you should consider taking Economics 101 again at university. The marker has risen for several reasons. First, it sank as low as it did because of widespread panic. Once the dust settled people started to actually evaluate the companies and started searching for bargains in viable companies. (bottom feeding) Also, some companies sold off unprofitable operations, resulting in a stronger and leaner company. Next, people started to take advantage of lower housing prices and started buying again. Everything is not fixed now, but it is improving every day. I had a boss who once said "every now and then you need a good catastrophe to shake out the weak ones that don't have enough sense to give up on their own".

“Really? So whenever a company lays off employees their market value increases & their stock price goes up?”

Believe it or not, yes, that does seem to be the case.

"Pehaps you could explain how JP Morgan, for example,after shedding thousands of jobs both in US and Europe and saved from the brink of bankrupsy with billions of taxpayers money announced recently $ billions in corporate profits and bankers bonuses. "

Perhaps you are confusing them with Goldman Sachs? J P Morgan is part of J P Morgan/Chase. They were never in danger of collapsing, and they were the first to pay back the TARP money that the feds more or less thrust upon them.

Really? So whenever a company lays off employees their market value increases & their stock price goes up? Perhaps you should consider taking Economics 101 again at university.
(Patrik, 13 January 2010 14:

I don't need to study economics at University.I assume you did probably under the guidance of Bernake or Geitner.Did they teach you economics or the art of printing money because this what both these two guys do.

Pehaps you could explain how JP Morgan, for example,after shedding thousands of jobs both in US and Europe and saved from the brink of bankrupsy with billions of taxpayers money announced recently $ billions in corporate profits and bankers bonuses.

BTW It's people who profess themselves to be economists that screwd the world many times over.

'Absolute nonsense: complete tosh. All economists everywhere know that unemployment is a lagging indicator.

(Leonidas, 13 January 2010 12:36) '

The unemployment figures have been improving steadily for the past few months, and it was expected that this month there might actually have been some job gains. So this number, while much better than the numbers a year ago, was a disappointment. It's not that people don't realize that employment is a lagging indicator, it's that they expected a better figure.

why not send some of these jobless to die in Iraq and Afghanistan? That should solve at least a portion of your unemployment problem.

Disappointing news on the jobs front from the U.S. Employers there laid off 85,000 people in December.

That was a lot more than economists had predicted and was a blow to recent optimism about a recovery in the labor market
B92

Absolute nonsense: complete tosh. All economists everywhere know that unemployment is a lagging indicator. There is no more surprise or wonder about this than there is in the fact that the Sun rises in the east each morning.

However,the realunemployment figure in US is closer to 20%.This figure could've been worst if it wasn't for the massive taxpayers bailouts which keep people in artificial jobs.
The stock market climbs due to companies laying off workers to maintain short term profitability.

Perhaps you are confusing them with Goldman Sachs? J P Morgan is part of J P Morgan/Chase. They were never in danger of collapsing, and they were the first to pay back the TARP money that the feds more or less thrust upon them.
(Patrik, 13 January 2010 22:01

The $700 billion in funds from the US government's troubled asset relief program (Tarp), was in fact directed to rescue financial institutions including JP Morgan, Goldman Sachs and Morgan Stanleyfrom the brink of collapse and i would refer you to Bernake's statement in the senate where he claimed the US financial system was in a meltdown situation.

"Some people just dont think before they open their mouth the article is about jobs and u get in here saying they should to Iraq and Afganistan to die. Anyways have a good day.
(BES, 13 January 2010 11:53) "

I was only trying to help poor, poor besieged Obama have his cake and eat it too.

Didn't he want to send 30,000 more troops to Afghanistan? And I would assume that he wants, publicly at least, to bring down your ever growing unemployment rate. You put the 2 together and you don't need a PhD thesis to see the ironic logic of my post -- better for your Obama to have these jobless dead in Afghanistan than have them protesting and creating mayhem in the streets of America. Too bad if you can't stomach the irony of my post.