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163000 jobs "created" in July?

by Steven Haninger / August 3, 2012 8:43 AM PDT
but no change in unemployment rate

The way I learned it to "create" means to make from nothing. It seems to me that not all of these job creations never existed. I'd have to think that quite a number of these are just positions that were re-opened from previous lay-offs. We will need job creation for new numbers of workers who will enter the workforce as our population increases but I suspect these numbers don't represent that as what's happening. These must be largely old jobs and I wish it would be reported that way.
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It stayed the same because more people are
by Diana Forum moderator / August 3, 2012 10:00 AM PDT

now looking for jobs that just gave up before.


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unemployment actually ticked up a bit
by James Denison / August 3, 2012 10:07 AM PDT

went from something like 8.1% to 8.2%

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At least 3500 of those new jobs
by TONI H / August 3, 2012 9:59 PM PDT

are the IRS agents just hired to monitor Obamacare, so I was expecting that the new jobs created would be upped anyhow....but with the unemployment numbers interfering with that first number, the rate has now jumped to 8.3%. Some economists interviewed recently expect that rate to be a little higher again soon....having the gas prices jump as drastically as they have in the past month (35 cents a gallon average across the country) for no apparent reason will also affect the employment numbers as people try to look for work and can't afford the gas again to do that.

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less people driving.
by JP Bill / August 3, 2012 10:14 PM PDT

less wear and tear on the roads...less maintenance costs.....the people that are working will spend less time sitting/idling in traffic jams....I could go on, but you should get the point.

Perhaps those 3500 that were hired at IRS caused the price of gas to go up...more working...more demand...raise the prices?

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You are partially correct
by TONI H / August 3, 2012 10:36 PM PDT
In reply to: less people driving.

but there is also another side to that coin.........the less people drive, the less money is spent into the economy because they aren't going into any retail stores........the higher the gas prices, the less money they have TO spend.

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(NT) I'm partially correct and you're totally correct?
by JP Bill / August 3, 2012 10:40 PM PDT

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