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 ...
Then how come I read yesterday that another 28% of jobs were lost in the midwest?
WHOO HOO!!! We’ll be back to 5% unemployment by next fall!! WHOO HOO!!! /mega uber sarc
I heard David Axelrod on the radio this morning praising Obama for his accomplishment of 22 straight months of positive job growth.
I couldn’t believe it. But they lie shamelessly.
This manipulation of the numbers will persist, but I expect the truth of continued unemployment will be apparent to the voters this fall.
Media is doing its job as BLS.
More propaganda from the BLS and the mainstream media to try and get their man Barry Soetoro re-elected. They don’t look at how many people have PERMANENTLY exited the full-time employment market. I know a biologist who works at Target because she can’t get a job in a pharma lab, which can’t be missed in this area by the proverbial swinging dead cat.
No matter what the media says, everyone knows more than one person whose been unemployed for over a year. Or has dropped out of the job seeking market and has given up looking.
Watching this false drop in unemployment is revolting. We are going to be lied to for the next 9 months about how great things are, when things have never been worse in our lifetime. Let’s hope voter’s are not fooled. We have less people employed now than a few years ago.
This is the equivalent of celebrating a 2% cost of living raise when the actual cost of living is going up 4%. We are losing ground, but are supposed to celebrate the progress.
Everyone knew that BO would scam the jobless number and have it below 8% by
Nov. It’s simple. Just take millions of workers who have exhausted their unemployment checks out of the labor force. It may be below 7% if enough workers are no longer counted. This is BO’s Alice-in-Wonderland labor policy and his enablers in the msm will publicize this phony “good news”.
Sounds like the numbers are being very artfully manipulated to get that UE rate down to 7% by November.
All hail Socialism!
All hail our Dear Leader!
*puke
1.2 million people dropped out of the labor force in one month.
That's how.
The civilian labor force is now at a 30-year low of 63.7%.
It’s a game of perception versus reality.
Waiting on them to bring back the old Clinton line “best economy in 50 years”.
1.2 million people dropped out of the labor force in one month.
That's how.
The civilian labor force is now at a 30-year low of 63.7%.
Too late NObama biased/owned MSM !
No one(except a bunch of brainwashed libtards) sane believes you
I wonder how the “Obama stash” lady is making out?
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