BY ERICA COGHILL
After a lot of recent talk concerning a possible double-dip recession, finally, some are saying there’s some good news for the U.S. economy. But is it good enough? Friday’s release of the U.S. September jobs report shows an addition of 103,000 non-farm payrolls for the month.
But CNBC says while the numbers are an improvement from August’s report of 57,000 jobs... it’s still not enough to put the U.S. economy in the clear.
“It’s much better than what we had a month ago, but it’s still not enough. It's not enough to erase the risk of recession, particularly if Europe goes down.” “No matter what these numbers say we still have a serious issue of long-term unemployment in the country.”
“These numbers are good, we will take them, but they are relative to very, very low expectations and they are certainly not good enough.”
But they were good enough for the stock market. According to The Wall Street Journal...
“U.S. stocks rose after an encouraging employment report showed that the U.S. economy added more jobs than expected last month, though weakness in the technology and financial sectors limited Friday's gains.”
And while September’s job numbers might be a sigh of relief for some, the unemployment rate remains at 9.1%... the same as August. Bloomberg says that’s not sitting well with Capitol Hill.
“The Speaker of the House, John Boehner, has been critical of this jobs report, saying our unemployment rate has been higher than 8 percent for more than 2 and a half years , far above what the Obama administration promised with the stimulus, they had been attacking those initial forecasts that were put out before that plan was passed and they are doing that both retroactively and trying to make an argument against the jobs plan the president has been trying to pass over the past two weeks.”
Despite that criticism, the Washington Post says the White House is also trying to use the report to its advantage—quoting a member of the Council of Economic Advisers.
“‘Clearly, we need faster economic growth to put Americans back to work … Today’s report underscores the President’s call for Congress to pass the American Jobs Act.’”
Politicking aside, an analyst with the Economist Intelligence Unit tells ABC News the U.S. economy must create about 200,000 jobs to actually start absorbing unemployment.
One Lucky and Deserving Roomie Will Receive Free Rent for a Year Plus $10,000; Brand New Roommate Video Shorts Contest Awards $250 Weekly Prizes
Apartments**** is looking to crown America’s best roommate as well as recognize smaller feats of roommate greatness in its fourth annual Roommate of the Year video contest, just launched at *******www.roommateoftheyear****. The lucky roomie who wins the grand prize in this national competition will be living a little easier with a year of free rent plus $10,000 in cash. In addition to the grand prize contest, Apartments**** is launching a brand new Roommate Video Shorts contest, recognizing and rewarding smaller feats of roommate greatness with four weekly prizes of a $250 gift card. All talented and terrific roommates are encouraged to go to *******www.roommateoftheyear**** to learn how to enter either the grand prize contest and/or the video shorts contest, as well as view past winning videos for inspiration. The deadline for contest entries is noon EDT on May 21, 2012.
Last year, Jesse McLaughlin, who is a resident of Arlington, VA and a security analyst at the U.S. Patent and Trademark Office, bested video entries that came in from across the country to be crowned Roommate of the Year by Apartments****. McLaughlin earned the title and the grand prize with his sports parody video entitled Roommating MVP!, which provided a play-by-play breakdown of his superior roommate abilities. His mini-movie, along with the entries created by the 2009 and 2010 winners, can be seen at *******www.roommateoftheyear****. McLaughlin recently was able to upgrade his roommate status to happily-ever-after, when he proposed to his girlfriend, who is also his roommate.
“I was able to spring for a ring with the money I saved by winning the grand prize and not having to pay rent this past year,” said McLaughlin. “If there had been any question before, now I am definitely Roommate of the Year, at least in my fiancée’s eyes!”
Through this annual contest, Apartments**** underscores the importance of finding and being a good roommate. More than 63 percent of renters either currently live with a roommate—friends, spouses, significant others, children or even pets—or plan to move in with one when their current lease expires, according to a recent Apartments****
survey. Couple that with the fact 65 percent of renters reported having lived at their current residence for two years or more, and the case for roommate harmony becomes crystal clear!
“Experts are projecting rents will increase nationwide yet again this year,” said Tammy Kotula, Apartments**** spokesperson. “With apartment vacancies at their lowest point in more than a decade, the trend of renters rooming together to share costs, or just to share space, supports the need to take roommate selection seriously. This contest gives people a fun and creative outlet to showcase those roommate qualities they believe to be most important.”
For 2012, there are two ways renters can spotlight their roommate-worthiness; through submitting a robust two minute video for a chance at the grand prize, and/or submission of a :30 second video for the Roommate Video Shorts contest.
“The Roommate Video Shorts contest gives even more roomies the opportunity to distinguish themselves from the crowd by shining a spotlight on special talents, spectacular stunts or feats of roommate excellence for the rest the country to see,” Kotula continued. “By offering them another way to get involved and a chance to win weekly prizes, we are able to maintain the production quality and creativity levels in the grand prize contest, while opening up the competition to as many great roommates out there who want to become involved.”
How to Enter 2012 Apartments**** Roommate of the Year Grand Prize Contest
Get out the video camera, get creative and get one step closer to winning free rent for a year, plus $10,000 in cash and the coveted Apartments**** 2012 title of Roommate of the Year. Renters across the nation are invited to enter the Apartments**** Roommate of the Year contest by submitting a video entry of two minutes or less to *******www.roommateoftheyear****.
Entrants are challenged to showcase the specific attributes that qualify them to be Roommate of the Year by featuring their inner roomie in one of the four contest categories. For detailed information on how to enter, including specific video instructions, an official entry form and contest rules, go to *******www.roommateoftheyear****. All entries must be received by noon EDT on May 21, 2012.
Roommate of the Year Contest Categories
Apartments**** Roommate of the Year contest entrants should distinguish themselves from all of the other roommates around the country. Finding the category that best defines their special roommate skills is job number one. Categories are:
• The Loveable Compulsive
It’s not a glamorous job, but somebody has to do it. Making sure the electric bill gets paid each month and scrubbing the microwave after someone's "soup explosion" two months ago sometimes makes you feel like you are running a daycare in your apartment. But all that work is about to pay off big. Show us how you manage the household while still maintaining your sanity and a year of FREE Rent could leave you with one less item on that LONG to-do list.
• The Purr-fect Pet Owner
Sometimes the best roommates aren’t even human. They may not pay rent, but pets are great at making us laugh or helping us get through tough times. Show us what makes you the best roommate to your pets including games you play together or tricks that they have learned and that freeloader can start pulling his or her weight by helping you win FREE Rent for a Year.
• The Environmentalist
Do you wash out and reuse plastic baggies? Switch out energy-guzzling 150W bulbs for CFLs? Know what "1," "3," "5," or "7" means on plastic bottles? If you're the roommate who makes living "green" a priority, this is your category. Show us your efforts to help save the planet and we could be recycling a year of FREE Rent into your bank account (and promising to turn off the lights when we leave a room!).
• The All-Star Roomie
If you have special roommate qualities that don’t fit the categories, or don’t want to commit to only one area of roommate greatness, use this entry to submit your video. Get crazy, get creative! But don’t just tell us why you’re the best roommate – show us – and you could win FREE Rent for a Year.
Renters’ entries will be judged with equal weight on (1) originality and creativity, (2) overall “wow” factor, (3) persuasive argument and (4) style and production. Judging will take place in three stages.
How to Become Roommate of the Year and Win Free Rent for One Year Plus $10,000 in Cash
All entries will be narrowed down to a field of up to 15 finalists, selected across all categories by a panel of judges looking for entries that best fit the criteria for Roommate of the Year. Once the finalists are selected, America, along with the Apartments**** panel of qualified judges, will vote for their favorite roomie using the judging criteria to narrow down the competition to five winners. From the five winners, one grand prize winner will be named and receive free rent for one year, plus $10,000 in cash, along with roommate bragging rights. The four runner-up winners will each receive $500.
How to Enter 2012 Apartments**** Roommate Video Shorts Contest
Maybe you can flip a pancake 15 feet in the air, or make a bed in 10 seconds flat. Maybe you’re ambidextrous and can dust and vacuum at the same time, or you cook like a five-star chef. Whatever your special skill is that makes you the most remarkable roommate, capture it on video and enter for your chance to win one of four weekly $250 cash prizes. Flip cam, phone cam or shoe cam(!)…anything goes in this year’s all-new Roommate Video Shorts contest. Make your
video entry as simple or sensational as you want in :30 second or less and submit it to *******www.roommateoftheyear****. Beginning April 20, 2012, one winner per week will be decided upon and announced by the Apartments**** third party judging panel and will win a $250 gift card.
Roommate Video Short contest entrants who feel there is still more to prove are encouraged to enter the Roommate of the Year Grand Prize contest.
Apartments**** (*******www.apartments****) is a leading national apartment Internet listing subscription service with more than 50,000 unique addresses representing millions of rental units from managed properties, newspaper classifieds and for-rent-by-owner properties. By incorporating the most relevant products to reach renters including personalized searches and highly visual ads featuring live chat, real-time rent, online video walk-through demonstrations, professional photography, a mobile website and iPhone and Android app, Apartments**** creates easy access to its listings. Providing unmatched exposure to its advertisers through an intuitive name, strategic search engine placements, featured partnerships including Yahoo! Real Estate, Univision and more than 120 newspaper websites and innovative emerging media, Apartments**** reaches millions of renters nationwide, driving both qualified traffic and highly-engaged renters to leasing offices nationwide. Apartments**** is a division of Chicago-based Classified Ventures, LLC. The Apartments**** network of apartment rental websites includes Apartment Home Living (*******www.apartmenthomeliving****), a leading social media apartment website distinguished by a "live for fun" community experience, proprietary lifestyle matching and local living guides to help renters find their perfect place to live.