GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Unemployment rate at around 10% and whats next?

Bill8 · 12-04-2010, 07:04 PM

It's boring to read tribal rhetoric spouted over and over with nothing original added by the rhetors.

Let's see, what possible way could the country generate millions of decent jobs?

What are the sectors where potential growth is possible?

"GDP highlights
The small acceleration in real GDP primarily reflected a smaller decrease in net exports, an acceleration in inventory
investment, and a pick up in consumer spending for services. These contributions were partly offset by a
downturn in residential housing and a slowdown in business investment in equipment and software."

http://www.bea.gov/newsreleases/nati...highlights.pdf

So, the amount of exports got smaller, as expected, but at a slower rate, the stores were buying for the holidays, and more people needed medical care or other services - is that what this is saying?

So, basically, the consumers spent a little more on comsumer goods?

Hmm, not a lot of info in the "officlal report". Ahh - and people saved a bit less...

"Personal saving
The personal saving rate?saving as a percent of disposable personal income?was 5.5 percent in the third
quarter, compared with 5.9 percent in the second quarter."

So, what do the two sides think are going to be the growth industries that create new jobs?

12-04-2010, 07:04 PM
Bill8 Confirmed User Join Date: Oct 2001 Posts: 1,901	It's boring to read tribal rhetoric spouted over and over with nothing original added by the rhetors. Let's see, what possible way could the country generate millions of decent jobs? What are the sectors where potential growth is possible? "GDP highlights The small acceleration in real GDP primarily reflected a smaller decrease in net exports, an acceleration in inventory investment, and a pick up in consumer spending for services. These contributions were partly offset by a downturn in residential housing and a slowdown in business investment in equipment and software." http://www.bea.gov/newsreleases/nati...highlights.pdf So, the amount of exports got smaller, as expected, but at a slower rate, the stores were buying for the holidays, and more people needed medical care or other services - is that what this is saying? So, basically, the consumers spent a little more on comsumer goods? Hmm, not a lot of info in the "officlal report". Ahh - and people saved a bit less... "Personal saving The personal saving rate?saving as a percent of disposable personal income?was 5.5 percent in the third quarter, compared with 5.9 percent in the second quarter." So, what do the two sides think are going to be the growth industries that create new jobs?