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Jobless rate drops to lowest in almost 3 years
msnbc.com ^ | February 3, 2012 | msnbc.com news services

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. That’s 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 nation’s 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 ...


TOPICS: Breaking News; Business/Economy; Front Page News; News/Current Events
KEYWORDS: bhoeconomy; corruption; democratmedia; democratpropaganda; democrats; democratsmedia; dncmedia; economy; enemedia; fascistmedia; fraud; jobless; liberalfascism; liberalmedia; lies; lyingmedia; mediabias; mediacorruption; mediafraud; msm; msnbc; nobama2012; nodemocrats2012; obama; obamacampaign; obamedia; pravdamedia; recovery; sorosmedia; unemployment; unexpected
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To: John W

bwa ha ha ha ha ha ha ha ha!

Oh, my, the Obama worshipping media is really, really trying hard.


41 posted on 02/03/2012 6:21:44 AM PST by SoFloFreeper
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To: John W
Hmmmm...I wonder how this NEWS squares with THIS!
42 posted on 02/03/2012 6:22:30 AM PST by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: Huskrrrr
I wonder how the “Obama stash” lady is making out?

THAT is the key question, and one I'm sure BO is asking repeatedly.

He'll never lose the black vote to Republicans. However, if a large percentage of blacks didn't "Get Theirs", they may just say "why bother" and stay at home.

43 posted on 02/03/2012 6:23:19 AM PST by wbill
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To: SoFloFreeper

Yeah but this is still going to be a big boost for Barry. The media is going to push that 8.3 number, and few people will look deeper.

Barry just took a step towards 4 more years.


44 posted on 02/03/2012 6:23:52 AM PST by ltc8k6
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To: SF_Redux
MSM’s are going down with this administration .. count on it

The challenge is convincing the sheeple of the truth. The truth can be a harsh medicine, unlike the sugary MSM tripe they prefer.

45 posted on 02/03/2012 6:24:00 AM PST by ScottinVA (Liberal logic: 0bamacare mandate is acceptable... but voter IDs are unconstitutional.Oh, let me gues)
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To: harpu
Hmmmm...I wonder how this NEWS squares with THIS!

It doesn't have to. American voters generally don't dig deep enough into the facts to develop an informed judgment. The truth only confuses them.

46 posted on 02/03/2012 6:25:59 AM PST by ScottinVA (Liberal logic: 0bamacare mandate is acceptable... but voter IDs are unconstitutional.Oh, let me gues)
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To: MrB
The elites and the media will try to push “the rich” meme

I've noticed a definite trend in reporting on the Facebook IPO --

NPR today covered "who is getting rich" and discussed some guy who was lucky enough to be a college roommate of someone else, or a guy who was lucky enough to be hired to spray-paint murals at Facebook HQ a few years ago. They had a list of "lucky" people who got paid in stock and who are now worth tens of millions of dollars.

Do you see? All the rich people in society are just lucky. It's not fair. I could be worth a billion dollars, you know, but the money didn't fall into my lap -- it fell into someone else's lap.

The media wants voters to be angry at the unfairness of our society. People like Romney? Like Trump? Why are they so special????

I've heard that coveting is wrong, but I don't think the media agrees.

47 posted on 02/03/2012 6:26:20 AM PST by ClearCase_guy (When the night falls, it falls on me, and when the day breaks I'm in pieces.)
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To: John W

This is really weird. When the unemployment rate was going up, Barry and the ‘RATS kept giving us excuses like, “It snowed a lot this month.”, “It rained a lot this month.” and “It was really windy this month”. I haven’t seen any changes in the weather and now the numbers are going down. Somebody is lying.


48 posted on 02/03/2012 6:26:51 AM PST by FlingWingFlyer (So just where does the "buck stop" at the Department of "Justice"?)
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To: John W

When the BLS is changing the way it calculates these numbers month to month, how can one possibly trust the unemployment number? That’s what Obama hopes the 99% ignores. Of course, it you use the BLS methods to calculate it, the 99% becomes the 1%.


49 posted on 02/03/2012 6:27:08 AM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: bigdirty
They’ll continue to lie about unemployment until America defaults on its debt and companies go bankrupt.

These numbers also help pave the way for Obama to try to get another $1 Trillion to spend.
50 posted on 02/03/2012 6:27:42 AM PST by TomGuy
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To: ltc8k6

Obama can’t change reality, only the media’s reporting of fantasy.

He isn’t creating jobs for people...and they remember every day when they wake up with less purchasing power.

Quit being defeatist. Obama is a liar, and people know it.

They also look at him as a manipulator. Remember when they laughed at him in Ohio when he said “You inspire me!”? He is a joke...and increasingly so.


51 posted on 02/03/2012 6:29:03 AM PST by SoFloFreeper
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To: John W; All

when will the GOP stand up and tell everyone when they took control of the congress and regained seats in the senate the jobless rate was 9.9% but has since fallen 1.6%???


52 posted on 02/03/2012 6:29:25 AM PST by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: John W

It’s pretty easy to see how they gamed this number. Just declare that over a million people are no longer “in” the labor force. (Actually 1.18 million - see thread a few up from this one.)


53 posted on 02/03/2012 6:30:31 AM PST by piytar (Rebellion is here! Free Republic is on the front line! NEVER SURRENDER!)
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To: Travis McGee

We are on the same unemployment track line as Greece was on in 2006 at 9% gradually bottoming out at 7.5% in mid 2008 then spiking dramatically to it’s current rate of 19%.

When people stop looking for private sector jobs that don’t exist and live off the continual public dole and the government’s answer is to create more government for jobs that is
paid for by taxing the producers, we have
the perfect storm that is now Greece and the larger Eurozone. Our perfect storm is just a few years away.


54 posted on 02/03/2012 6:32:14 AM PST by TADSLOS (There's 46 more reasons for Newt to stay on the attack!!)
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To: ClearCase_guy
Exploiting the covetous nature of humankind is how the left attains and maintains power.

This guy has some good information about what an economic collapse actually looks like and how you should prepare:

Ferfal & the Argentinian collapse

55 posted on 02/03/2012 6:33:28 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: TomGuy

Let’s see, take the jobs issue off the table, take Obamacare off the table (with Romney nomination), and what are we left with? Another 4 glorious years of King Obama! Yee ha!


56 posted on 02/03/2012 6:34:41 AM PST by GnL
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To: John W

Was Obama just re-elected? Everyone expected lackluster job growth because many of the Dec jobs were holiday (temporary) ones. But January was robust. Very likely now the rate will be under the magic 8% by Election Day and the GOP argument will be gutted (”You said if the stimulus was passed we would not go above 8%!”). Obama would only have to say “The stimulus worked, and I saved the auto industry”, and he’s back in. Disagree? Then tell me why. The GOP choices are the worst crop since the 1972 Democrats, and the American people are stupid and gullible.


57 posted on 02/03/2012 6:35:04 AM PST by montag813
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To: John W

It really doesn’t matter. Neither Romney nor Gingrich will win in November.


58 posted on 02/03/2012 6:35:42 AM PST by 38special (It's a no-win situation.)
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To: SF_Redux

I wish I had your optimism.


59 posted on 02/03/2012 6:36:55 AM PST by 9YearLurker
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To: John W
Lies, damned lies, and statistics. Or more properly called unbelievable horse sh!t.

I started a spread sheet (yes, I'm a geek), using BLS numbers(NOT seasonally adjusted, which is just another trick to make the numbers look better.

Here are the facts. In Jan 12, the civilian "population" was 242,269,000, an increase of 1,685,000 over December.
The civilian work force was 153,485,000, an increase of 112,000. This DROPPED the labor force rate from 63.8% to 63.4%.
The number of people employed DROPPED by 737,000 to 139,994,000.
The number of unemployed INCREASED by 849,000 to 13,541,000. The unemployment rate therefore INCREASE from 8.3% to 8.8%.

In January '09, when Obozo was sworn in, the labor force participation rate was 65.4% (today only 63.4%). With the increase in population, if the participation rate was still 65.4% today, the real unemployment would be 11.7%

Those are the real harsh facts! Don't buy into the lies!

Go to the website and look at the data yourself: http://www.bls.gov/webapps/legacy/cpsatab1.htm

60 posted on 02/03/2012 6:37:11 AM PST by Tatze (I reject your reality and substitute my own!)
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