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GasBuddy News Article

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Unemployment Climbed in 30 U.S. States, Fell in Nine

Bloomberg -- The state and local employment data are derived independently from the national statistics, which are typically released on the first Friday of every month. The state figures are subject to larger sampling errors because they come from smaller surveys, making the national figures more reliable, according to the government’s Bureau of Labor Statistics. State totals showed the economy gained 135,000 jobs in January.

Unemployment in the Detroit area, home to General Motors and Ford Motor Co., dropped to 15.3 percent from 16 percent in December, contributing to the decrease in Michigan’s jobless rate.

Jobs at GM


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Submitted Mar 12, 2010 By: JOHNNY95206
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Mar 14, 2010 8:40:16 PM

ronsimonil....

Unemployment figures are lagging indicators of economic health. Expect to see leading indicators such as bank stabilization and greater savings, stocks and bonds rising, retail sales increasing, greater exports, even manufacturing increasing...before unemployment makes a big pullback. We didn't get to this place overnight or even in a year, so it cannot be fixed overnight.

If this recession has taught us nothing else, it is States who formally put all of their eggs in 1 basket, depended on a single industry for prosperity....have suffered the most. Diversity in the future will be very important to keep us employed.
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Sneakers55
Champion Author Houston

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Message Posted: Mar 13, 2010 9:08:00 PM

ElvisHounddog wrote:

>Why is the stock markets, oil markets and gasoline prices
>climbing?

As to the stock markets: Money goes where money grows. Money isn't growing much if at all in the fixed-income markets, but interest paid is money coming in.
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ronsimonil
All-Star Author Illinois

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Message Posted: Mar 12, 2010 5:14:01 AM

How can we say the economy is recovering when we still have this much unemployment?
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JOHNNY95206
Champion Author Stockton

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Message Posted: Mar 12, 2010 4:03:19 AM

The only good thing here is that GM & Ford are stating to bring people back to work. We should be happy for them. The rest of it is not so good for the rest of us.

The government dose use different unemployment data charts you can find them on the web, But they all tell the same story. There are to many people out of work.

There is more about GM & Ford if you read the whole story.

[Edited by: JOHNNY95206 at 3/12/2010 5:10:04 AM EST]
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Fitwit
Champion Author Stockton

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Message Posted: Mar 12, 2010 3:29:19 AM

From what I remember reading Detroit has the hightest rate of government takeover already, even before all this interference by the Obama administration. That was one of the reasons their schools were failing so drastically.
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Fitwit
Champion Author Stockton

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Message Posted: Mar 12, 2010 3:25:35 AM

That fall un unemployment is a tenth of a percentage point.
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ED6
Champion Author Riverside

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Message Posted: Mar 12, 2010 3:24:31 AM

I'm still reading layoffs in different newspapers.
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EVBuddy
Champion Author Nevada

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Message Posted: Mar 12, 2010 3:16:56 AM

So, is the ecominy getting better?
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Ply440GTX
Veteran Author Kansas

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Message Posted: Mar 12, 2010 3:14:27 AM

Heard a lady on the radio lament that in the past 2 1/2 years, she submitted 600 applications for work and not a one of them was interested in an interview with her... My count is at almost 2 years with 400+ apps. submitted, all gov't jobs. This sh*t SUCKS!!!
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computernut2008
Champion Author Ohio

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Message Posted: Mar 12, 2010 3:11:55 AM

They are destroying are economy and it ain't no accident.
We had better stop they marxist now
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NotTom
Champion Author New Hampshire

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Message Posted: Mar 12, 2010 3:01:44 AM

Again we recovered companies, not the average American
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twobroke61
Champion Author Michigan

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Message Posted: Mar 12, 2010 2:58:34 AM

hang on folks predictions are things are going too become much worse later in the year
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1fulltank
Champion Author Buffalo

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Message Posted: Mar 12, 2010 2:56:34 AM

Flawed reporting system in that it reports those ON unemployment rolls, not counting those who have exhausted their limits and are now either on public assistance or something (or nothing) else.
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theawesome1
Champion Author Cleveland

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Message Posted: Mar 12, 2010 2:54:42 AM

GM closes another plant in CLE suburb of Twinsburg, the stamping plant.
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mazdaboy
Champion Author Portland

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Message Posted: Mar 12, 2010 2:50:46 AM

Better economic times are just around the corner.
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findcheap
Champion Author Los Angeles

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Message Posted: Mar 12, 2010 2:48:37 AM

it's overall bad
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Ltdc
Champion Author Long Island

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Message Posted: Mar 12, 2010 2:44:34 AM

But what kind of jobs are these formerly unemployed people been forced to take?
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rickgpr
Sophomore Author Maryland

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Message Posted: Mar 12, 2010 2:44:33 AM

Yep! Kansas City got a taste of the depression. People moving out! They closed 29 of 61 schools! That saved them for awhile........
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jimgraham
Champion Author Akron

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Message Posted: Mar 12, 2010 2:42:49 AM

And oil went up. /\ /\ /\
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toyota1999
Champion Author Louisville

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Message Posted: Mar 12, 2010 2:35:26 AM

Just wait til the states start closing schools and laying off teachers. Where are all these jobs that the stimulus created. All it did if it did anything was to delay the laying off of government jobs.
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BIGOILEATURCRUD
Champion Author North Carolina

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Message Posted: Mar 12, 2010 2:11:46 AM

Figures don't lie, but liars do figure. There are many liars figuring here.
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Pozole
Champion Author Portland

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Message Posted: Mar 12, 2010 2:03:17 AM

...no schiest, Jackson, my income is less than a quarter of used to could...
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14of45SSR
Champion Author Saskatchewan

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Message Posted: Mar 12, 2010 1:48:37 AM

I know unemployment climbed here in February, I was one of them!

Last July I could've been one of the people sidebrnz is talking about...I know some people like that too!
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Mar 12, 2010 1:42:11 AM

sidebrnz...I never thought of that, but your right. When the benifits run out, your off the books. Dosent mean your still not un-employed.
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speedys
Champion Author Utah

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Message Posted: Mar 12, 2010 1:40:07 AM

I am with you "Saturn93".
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sidebrnz
Sophomore Author Ventura

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Message Posted: Mar 12, 2010 1:31:19 AM

What they don't want you to know is that none of them are really counting the number of people who are unemployed; they're counting the number of people getting Unemployment Benefits. If your benefits run out and you're still not working, you're considered to have "left the work force," and aren't counted any more. If they counted the millions of workers who've run out of Unemployment but are still looking, the numbers would be much worse. Of course, that's exactly why they don't count them.
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ElvisHounddog
Champion Author Columbus

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Message Posted: Mar 12, 2010 1:24:09 AM


Why is the stock markets, oil markets and gasoline prices climbing?
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GMVAN
Champion Author Calgary

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Message Posted: Mar 12, 2010 1:12:00 AM

Thats not much of a drop.
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bobdec
Champion Author Florida

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Message Posted: Mar 12, 2010 12:58:21 AM

More bad news
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Mar 12, 2010 12:49:48 AM

What does this have to do with gas and oil prices? I guess I should have posted the story about the effects of the flu on monkeys? At least it gave the monkeys gas.
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Hunter114
Champion Author Chicago

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Message Posted: Mar 12, 2010 12:47:49 AM

Demand for oil & gas is still weak, prices are artifically high. Getting the shaft from government and the oil pimps.
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TPlayer
All-Star Author Fort Wayne

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Message Posted: Mar 12, 2010 12:38:46 AM

So why the rise in oil and gas.... there's no recovery... oil is twice what it should be...
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Edtx2009
Champion Author Houston

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Message Posted: Mar 12, 2010 12:38:32 AM

This recession is not going away and will probably get much worse.
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Saturn93
Champion Author Salt Lake City

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Message Posted: Mar 12, 2010 12:31:54 AM

In spite of government pronouncements to the contrary, we ain't out of this mess yet. Is this the change YOU voted for?
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CiVX
Champion Author Oakland

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Message Posted: Mar 12, 2010 12:31:04 AM

This Sucks!
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grouch311
Champion Author Illinois

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Message Posted: Mar 12, 2010 12:30:05 AM

don't think anyone is going to be surprised at the rise
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runningmp
Champion Author Corpus Christi

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Message Posted: Mar 12, 2010 12:29:48 AM

I guess the rise in unemployment contributed to the rise in gas prices?
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