Skip to comments.Jobless rate drops to lowest in almost 3 years
Posted on 02/03/2012 6:04:18 AM PST by John W
The U.S. economy produced another solid month of job gains in January, offering a hopeful sign for hiring in the year ahead.
Employers added a net 243,000 jobs last month, the Labor Department reported Friday. Thats higher than December, when employers added a net 200,000 jobs, and it marked the seventh straight month in which at least 100,000 jobs were created. That hasn't happened since 2005.
The nations unemployment rate fell to 8.3 percent in January from 8.5 percent in the prior month. The unemployment rate has fallen for the past five months and is now at its lowest level in nearly three years.
(Excerpt) Read more at bottomline.msnbc.msn.com ...
Cool - pretty soon there will be so many jobs that we can all get second jobs, which we will need to make ends meet if the “good news” continues.
It's not that simple. You might think that's how they do it, but it's not.
because they are hiring more people to take on the masses at the welfare offices
I’ve been expecting for months that Obama’s team will report an unemployment rate below 8% by May. And no matter how many people they have to remove from the workforce in order to get there, it looks like they’re going to get there.
Back in 2007, when th eeconomy seemed quite healthy (DJIA 14,000, unemployment below 5%, annual federal deficit $160B) the media claimed it was the worst economy since Hoover.
I knew people (here in MA) who said, "I'm doing great! My neighbor is doing great! Even my lazy brother-in-law is doing great! But this sucky economy is the worst since Hoover -- I hear that a lot of people are hurting out there. We need to throw out the Republicans who are causing all this damage."
Today, I think people are saying, "I'm scared. My neighbor just lost his house. My brother-in-law is homeless. I'm just glad the recovery is so strong -- I can't imagine how bad things would be if Obama weren't in there making things better. We need to keep the Democrats in power so that the economy stays on track."
4 more years.
MSM’s are going down with this administration .. count on it
Stuart Varney on Foxnews predicts the Stock Market to be up 100 points at the open, because of the job news.
If the news were real it should be up a 1,000.
Yeah, that is not an “organic” looking chart. The GOP needs to hammer away at these phony stats.
$4 plus a gallon gas is making things better?
I just went to the grocer and bought all the Kool Aid they had. I’m going to make a fortune selling this drink to the masses. Of course I’m going to share my earnings up to 99% with those who deserve to be equal.
If things really crash hard,
people are going to be looking for someone to blame.
The elites and the media will try to push “the rich” meme,
and by “the rich”, they’ll imply “anyone that has anything more than you do”.
However, I can see some prepared folks, more toward the “rambo” types, hunting down those truly responsible and decorating some lampposts with them.
They’ll continue to lie about unemployment until America defaults on its debt and companies go bankrupt. That’s when they won’t be able to hide the truth any longer.
There are more people employed than unemployed at the moment. In general, most people’s awareness of the unemployment rate is based on a very small sample, and what the MSM tells them.
If the MSM tells them everything is good, how would a person know any different? That is, assuming that person used personal experience and the MSM almost exclusively for information.
The MSM is very powerful, and fabricating a happy narrative for BHO will be effective.
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