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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (696757)2/1/2013 9:15:12 PM
From: tejek  Read Replies (4) | Respond to of 1577186
 
Thank you. And you're a tightassed asshole. Some things can't be helped.



To: i-node who wrote (696757)2/1/2013 9:22:38 PM
From: tejek  Read Replies (1) | Respond to of 1577186
 
Jobs Report: Good News and a Fake Uptick in Unemployment

By Matthew Yglesias

Posted Friday, Feb. 1, 2013, at 8:39 AM ET

The headline number out of today's BLS jobs report is 157,000 new jobs. Not bad, but not great. As ever, the better information is in the revisions to past months. Here we have November up to 247,000 (from 161,000) and December up to 196,000 (from 155,000). As revised, those are both really solid months and good data estimates.


The bad news in this report, such as it is, is that the unemployment rate ticked up to 7.9 percent. Except it really didn't. You are going to see this misreported, but here's the deal. Each month the unemployment rate is calculated based on a survey of households. To do the household survey you need an estimate of the population universe you're trying to survey. And each January they redo their population estimates. These estimates are not backward-projected into the old data, meaning that from December 2012 to January 2013 you're comparing different survey universes. A gigantic shift in the unemployment rate would swamp those estimation issues, but that's not what we saw. You can't compare December's 7.8 percent to January's 7.9 percent except to say that there wasn't much change.

The better news is that the payroll survey also did a re-benchmarking and found 422,000 missing jobs from last year. The last re-benchmarking from September also found almost 400,000 new jobs. That's a recovery pattern—as the economy churns upward, initial estimates tend to undercount.

slate.com



To: i-node who wrote (696757)2/1/2013 9:29:49 PM
From: tejek  Respond to of 1577186
 
Its great that Arkansas schools are getting better but what are you going to do about the adults who grew up before they improved:

Another stumble in GOP's minority outreach efforts


By Steve Benen
-
Fri Feb 1, 2013 3:18 PM EST

Rachel noted on the show last night that several states are pushing the legal boundaries in new ways in efforts to eliminate abortion rights, perhaps most notably in Arkansas.

And helping lead the way in Arkansas is Republican state Sen. Jason Rapert. Who's he? This is.



For those of you who can't watch clips online, in this video, Rapert is seen telling a public crowd in 2011:

"I hear you loud and clear, Barack Obama. You don't represent the country that I grew up with. And your values is not going to save us. We're going to take this country back for the Lord. We're going to try to take this country back for conservatism. And we're not going to allow minorities to run roughshod over what you people believe in!"

The video first appeared at The Nation, published a day after Rapart's bill to ban abortions after six weeks of pregnancy was approved by the Arkansas Senate.

It's certainly rare to hear anyone, especially elected officials, talk in public about stopping "minorities" in the 21st century, and yet, here we are.

When Republicans get together to ponder why their outreach to African Americans doesn't seem especially effective, I hope they'll take a moment to ponder policymakers like Jason Rapert.



To: i-node who wrote (696757)2/1/2013 9:42:03 PM
From: tejek  Read Replies (2) | Respond to of 1577186
 

California leads nation in job creation


By Ben Tracy

(CBS News) LOS ANGELES, Calif. - The Golden State is striking it rich in job creation.

Jim Nguyen is an executive vice president at Truecar.com. Their website helps consumers know fair prices when buying or selling a vehicle. They currently have two buildings.

""We're still looking for more. We are growing fast," he said.

Two years ago, Truecar.com had just over 100 employees. Today they have over 300 and are planning to add more.

"Just this morning I was out looking for more office space," Nguyen said.

Truecar.com is one of the dozens of star-ups that have earned Santa Monica, Calif. a new nickname: "Silicon Beach."

December jobs: 1.8 million jobs created in 2012
Dow kicks off new year with best weekly gain in months
U.S. service firms grow by most in 10 months

In the past year, California has added 26,000 new information technology jobs. The construction industry is also booming with 26,400 new jobs, and tourism and hospitality has added 62,900.

New companies create most of the new jobs, and a recent study shows Los Angeles has the most entrepreneurs of any area in the country. That job growth is fueling consumer spending. Auto sales were up 14 percent last year. That's why true car is planning to add up to 100 more employees in 2013.

"We want to make sure we are prepared essentially to ride that tide as it's coming through," Nguyen said.

During the recession California was losing jobs to states with lower corporate and income taxes such as Texas. Since February California has created almost 234,000 jobs, more than Texas, Oregon and West Virginia combined.

cbsnews.com