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Unemployment falls to 9.0 pct., only 36K new jobs (Presto)
AP ^ | 02/04/11 | Staff

Posted on 02/04/2011 5:57:22 AM PST by nhwingut

WASHINGTON (AP) -- The unemployment rate dropped sharply last month to 9 percent, the lowest level in nearly two years. But the economy generated only 36,000 net new jobs, the fewest in four months.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: 0bama10; 0bama9; bs0bama; economy; pravda; unemployment
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To: nhwingut

We go through this every month...the 36K is a net figure...job gains minus job losses over the month. Effectively we’re breaking even with jobs on a monthly basis.


121 posted on 02/04/2011 3:59:55 PM PST by garbanzo (You better hold on; This one's about to get bumpy.)
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To: nhwingut

Is this the same administration that tells the Retired People there is no Inflation??


122 posted on 02/04/2011 4:22:07 PM PST by jacob allen
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To: PSYCHO-FREEP

“But even worse, very few people know or care about just how much trouble we are actually in!”

Exactly. :(


123 posted on 02/04/2011 7:10:39 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set...)
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To: nhwingut

Talk about doublespeak!


124 posted on 02/05/2011 5:02:16 AM PST by Lessthantolerant (The State is diametrically opposed to our search for a better living.)
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To: TMA62

It’s also because many claims are done; 99 weeks are up, I know of many whose claims have run out. The extension funding was to finish out the 99 weeks apparently, not extend the 99 weeks.

Hard to look for invisible jobs also...

My husband FINALLY got called back to work yesterday after a year and a half. Praying it’s a long job, not just a couple of weeks.


125 posted on 02/05/2011 11:19:32 AM PST by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 -Happy B'day Daddy 2/20/23)
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To: tina07
invisible jobs, ha , I love it, even the invisible man's out'a work!

Won't be long we'll all be going Egypt, I can see the chalk lines being laid out now.

Let the games begin!

126 posted on 02/05/2011 1:30:39 PM PST by de.rm ('Most people never believe anything you tell them unless it isn't true."-Groucho Marx)
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To: nhwingut

I don’t believe a word of it! Unemployment is at least
16%.


127 posted on 02/06/2011 2:14:35 PM PST by upcountryhorseman (An old fashioned conservative)
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