{"id":522,"date":"2011-08-30T19:57:52","date_gmt":"2011-08-30T23:57:52","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=522"},"modified":"2011-08-30T19:57:52","modified_gmt":"2011-08-30T23:57:52","slug":"its-too-late-for-obama-to-create-jobs-says-ecris-achuthan","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/30\/its-too-late-for-obama-to-create-jobs-says-ecris-achuthan\/","title":{"rendered":"It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan"},"content":{"rendered":"<blockquote><p><span style=\"color:#008080;\">Economic Cycle Research Institute co-founder Lakshman Achuthan: &#8220;There&#8217;s nothing they&#8217;re going to be able to do about that near-term direction in the unemployment rate, especially if we slip into a recession because every time you have a recession by definition the unemployment rate will be spiking.&#8221;<\/span><\/p>\n<p><span style=\"color:#008080;\">&#8230; Achuthan says the time to act was in the spring when the economic indicators started to weaken. &#8220;We were above 200,000 [monthly payrolls] and we&#8217;re not going back there anytime soon,&#8221; he says. &#8220;We&#8217;re going to continue to weaken at least through the end of this year,&#8221; which is (more) grim news for the millions of Americans in need of work.<\/span><\/p><\/blockquote>\n<p>via <a href=\"http:\/\/www.businessinsider.com\/its-too-late-for-obama-to-create-jobs-2011-8\">It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic Cycle Research Institute co-founder Lakshman Achuthan: &#8220;There&#8217;s nothing they&#8217;re going to be able to do about that near-term direction in the unemployment rate, especially if we slip into a recession because every time you have a recession by definition the unemployment rate will be spiking.&#8221; &#8230; Achuthan says the time to act was in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/30\/its-too-late-for-obama-to-create-jobs-says-ecris-achuthan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[2623,2880,3531],"class_list":["post-522","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-payrolls","tag-recession","tag-unemployment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Economic Cycle Research Institute co-founder Lakshman Achuthan: &#8220;There&#8217;s nothing they&#8217;re going to be able to do about that near-term direction in the unemployment rate, especially if we slip into a recession because every time you have a recession by definition the unemployment rate will be spiking.&#8221; 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&#8230; Achuthan says the time to act was in &hellip; Continue reading \"It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/30\/its-too-late-for-obama-to-create-jobs-says-ecris-achuthan\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-08-30T23:57:52+00:00","author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/30\/its-too-late-for-obama-to-create-jobs-says-ecris-achuthan\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/30\/its-too-late-for-obama-to-create-jobs-says-ecris-achuthan\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"It\u2019s Too Late For Obama To Create Jobs, Says ECRI\u2019s Achuthan","datePublished":"2011-08-30T23:57:52+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/30\/its-too-late-for-obama-to-create-jobs-says-ecris-achuthan\/"},"wordCount":133,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["payrolls","Recession","Unemployment"],"articleSection":["US &amp; 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Strong values on 21-day Twiggs Money Flow indicate buying pressure. * Target calculation: 12200 + ( 12200 - 11200 ) = 13200 The S&P 500 displays a\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45147,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/11\/04\/us-job-growth-falls-unemployment-close-to-recession-warning\/","url_meta":{"origin":522,"position":3},"title":"US job growth falls, unemployment close to recession warning","author":"Colin Twiggs","date":"November 4, 2023","format":false,"excerpt":"Jobs growth dipped to a seasonally adjusted 150,000, according to the BLS Labor Report, suggesting that economic growth is slowing. Unemployment lifted to 6.5 million, but still well below job openings at 9.5 million, indicating a tight labor market. The unemployment rate lifted to 3.9%, 50 basis points above recent\u2026","rel":"","context":"In &quot;Deficit Spending &amp; Employment&quot;","block_context":{"text":"Deficit Spending &amp; Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"Jobs Growth","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-03-jobs.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-03-jobs.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-03-jobs.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":50518,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/03\/28\/australian-jobs-gdp\/","url_meta":{"origin":522,"position":4},"title":"Australian jobs &#038; GDP","author":"Colin Twiggs","date":"March 28, 2024","format":false,"excerpt":"Great research note by Gareth Aird at Commbank, where he predicts that the unemployment rate in Australia will rise to 4.5% by the end of 2024. The latest ABS report showed unemployment dropped to 3.7% in February, while the trend remained at 3.8%. Aird says the sharp rise in employment\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian Unemployment Rate","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-21-aus-u3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-21-aus-u3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-21-aus-u3.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":1196,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/07\/payrolls-rise-as-striking-workers-return-wsj-com\/","url_meta":{"origin":522,"position":5},"title":"Payrolls Rise as Striking Workers Return &#8211; WSJ.com","author":"ColinTwiggs","date":"October 7, 2011","format":false,"excerpt":"Nonfarm payrolls rose by 103,000 in September as the private sector added 137,000 jobs, the Labor Department said Friday in its survey of employers. Payrolls data for the previous two months were revised up by a total 99,000 to show 57,000 jobs were added in August and 127,000 jobs in\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=522"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/522\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}