The Obamabot “forgot” to mention the upward revisions for July and August so they could make this dismal number appear better, their monthly exercise in rearranging the chairs at the unemployment office.
More pinko gubment bureaucrat BULLSH!T.
This belongs on Comedy Central! We need 100,000 jobs a month just to keep up with the normal growth in the population, and all of the spin in the world won’t change that.
Again, Goolsbee’s presence in this key position should be proof to everyone that Mullah Hussein has absolutely no intention of, and in fact is incapable of attempting some kind of Clintonian “pivot” to the Middle.
in September according to Roubini:
Personal income showed a 0.5% month-over-month uptick, driven by a 1.6% jump in transfer payments [unemployment benefits].
When the dems said unemployment insurance would drive the recovery I guess this is how they meant it.
Actually, since the government employment dropped, there is "no rate of job growth". And further, even if the government wasn't firing people, 69,000 jobs a month isn't even enough to keep up with new entries into the work force, much less bring the unemployment rate down, quickly or not.
We need to get to around 150,000+ jobs a month before we will break even on jobs.
Seems to me that Bush was adding about 250,000 jobs a month. The bozo is adding about 400,000 jobs a YEAR
Please God, Deliver us from this madman.
Pray for Obama. Psalms 109:8-9.
He used up the whole tube of lipstick on that pig.