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Employment Situation Summary: Employment +227K, Unemployment unchanged at 8.3%
Bureau of Labor Statistics ^ | March 9, 2012 | Staff

Posted on 03/09/2012 5:44:29 AM PST by C19fan

Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.

(Excerpt) Read more at bls.gov ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: economy; employment; obamanomics; recovery; unemployment; unexpected
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To: DestroyLiberalism
An 8.3% unemployment rate absolutely SUCKS and is STILL higher than the 7.8% rate when Obama took office over three years ago. It continues to be the longest period of 8%+ unemployment since the Great Depression.

Make no mistake... I'm not buying into the idea things are going well... far from it. My contention is voters at large believe it's "improving." Hidden from them is the fact the BLS unemployment rate is artificially kept low by the exclusion of those not currently seeking work. Because of that, voters think they see a positive economic trajectory.

51 posted on 03/09/2012 9:59:20 AM PST by ScottinVA (GOP, meet Courage... Courage, meet GOP.)
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To: kabar

kabar wrote:
<<
Why do people seemingly ignore what happened in 2010, the most historic midterms since 1938?
>>

**************************************************************

An EXCELLENT question! Nothing has really changed since 2010, so why does everybody seem to have forgotten about the historic election night a little over a year ago that netted the GOP’s biggest congressional gains in 70 years???


52 posted on 03/09/2012 10:00:50 AM PST by DestroyLiberalism
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To: ScottinVA

ScottinVA wrote:
<<
Make no mistake... I’m not buying into the idea things are going well... far from it. My contention is voters at large believe it’s “improving.” Hidden from them is the fact the BLS unemployment rate is artificially kept low by the exclusion of those not currently seeking work. Because of that, voters think they see a positive economic trajectory.
>>

But are the voters at large *really* believing the economy is improving? Obama’s job approval numbers have been trending back down to the mid-40s in Rasmussen’s daily tracking poll of like voters over the past couple of weeks, which is roughly where they’ve been for much of the past two years.


53 posted on 03/09/2012 10:12:18 AM PST by DestroyLiberalism
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To: TomGuy
Bush had 5.3% unemployment in Sept '04 and Dems, with the press, said it was the worst recovery since Herbert Hoover and Kerry hammered on a "jobless recovery."

Obama knows he needs to get the official number down further and that will be the goal over the next 240 days. As you said, it's blatant manipulation and one of the risks of the GOP pushing only on economics. They won't have the benefit Clinton did in 1991 where people where angry and didn't believe the recovery had started even though it had.

He's happy to push gas prices now and see them back down in time for the election as well. His hope is to run again a "do nothing Congress." To do that he needs to create the illusion of favorable trends so he can then say his opponents are slowing down the recovery which is so strong, so assured they can only try to hold it back for political gain.

It's a sham but it's his best argument and the Democrats, along with complicit media, are masters of message manipulation. They know perception is reality and don't care about the facts, just the story they can sell.

Finally Obama knows he's got the race card to pull out to make this an affirmative action reelection rather than by the standard of, for example, a President John Kerry.

Objectively he doesn't deserve a second term but unlike other incumbents in his position, he has enough left in his bag of tricks to win.

54 posted on 03/09/2012 10:31:47 AM PST by newzjunkey (Santorum: 18-point loss, voted for Sotomayor, proposed $550M on top of $900M Amtrak budget...)
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To: ScottinVA
If the American people are as stupid and ignorant as you assert, then they deserve what they get. If they don't understand the urgency of the need to change course and the dire circumstances we are in, then the country is already finished.

You are a defeatist whose attitude stinks. You are the poster boy of how the MSM can influence perception--not reality.

55 posted on 03/09/2012 1:51:21 PM PST by kabar
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To: newzjunkey
He's happy to push gas prices now and see them back down in time for the election as well.

Back down to what price? Gas was $1.79 a gallon for regular when Obama took office. And the reality is that Obama has no real control of gas prices, especially if things heat up in the ME. His only weapon is to release oil from the SPR, but that is only marginally effective and short term.

56 posted on 03/09/2012 1:59:42 PM PST by kabar
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To: kabar

Defeatist? Try realist.. without a clue as who and what he was, the country elected OBAMA!!!!

After three long years of this train wreck... After three long years of devastatingly ruinous economic policies and clear degradation of freedom, Obama`s approve rates are STILL averaging nearly 50%.

So tell me... what inspires you to believe the American electorate has learned that it made a historic mistake in 2008???


57 posted on 03/09/2012 2:06:54 PM PST by ScottinVA (GOP, meet Courage... Courage, meet GOP.)
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To: ScottinVA
Defeatist? Try realist.. without a clue as who and what he was, the country elected OBAMA!!!!

Why? The legacy of 8 years of George Bush who proved that he was no conservative with out of control spending, unpopular wars, a country going into recession, and Bush's approval ratings in the toliet.

Who was the GOP's nominee? An old, "maverick" who pushed amnesty, cap and trade, and a host of other unpopular programs. The country did not want a third term for Bush, which is how McCain was seen. It is also very rare for one political party to control the WH for three terms in a row. FDR and Bush 41 were rare exceptions in the 20th century.

The reality was that no GOP candidate could have won in 2008. The ass-whuppin the Reps received in 2006 was the harbinger of what would happen in 2008. It was a foregone conclusion. But in 2012, unlike in 2008, we have a clue as to who The One is. How popular is Obamacare?

After three long years of this train wreck... After three long years of devastatingly ruinous economic policies and clear degradation of freedom, Obama`s approve rates are STILL averaging nearly 50%.

Besides the fact that plenty of those polls are bogus if you look at the internals, approval rates are running below 50%, which is not good news for any incumbent. And there are recent polls from Gallup and Rasmussen that show Obama's approval ratings below 50%. More importantly, on policy issues, Obama is losing across the board. According to Gallup, 50% believe Obama's presidency has been a failure.

The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 28% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-four percent (44%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -16. Total disapprove is 53% versus 46% total approve.

Only thirty percent (30%) now believe the United States is generally heading in the right direction. That’s down two points from a week ago and down four points from three weeks ago. But it’s still a more optimistic assessment than was found for most of 2011.

So tell me... what inspires you to believe the American electorate has learned that it made a historic mistake in 2008???

The 2010 midterm elections. They are more of an indicator than any poll. Obama is not going to get 43% of the white vote this time around nor will he have the same attraction for women and younger voters. The Messiah has lost his mojo. He can no longer use Hope and Change. Obama has a record now and it will sink him. Four more years of trillion dollar annual deficits and 8% unemployment (much higher if you use U-6 rates?) Do you think Obama will win VA?

58 posted on 03/09/2012 2:36:51 PM PST by kabar
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To: cymbeline
...a society becomes unhealthy when too few workers are supporting too many nonworkers.

It's working for him as planned then.

Are we incoherent enough to be brought down by a 2nd sucker punch?

59 posted on 03/09/2012 4:31:27 PM PST by EGPWS (Trust in God, question everyone else)
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To: ScottinVA
"Make no mistake... I'm not buying into the idea things are going well... far from it. My contention is voters at large believe it's "improving."

Not voters in red or purple states at or above the national rate -- because they're living this Depression II. And in that group, I see two states that will flip - IN & NC, and two states that will likely flip - FL & NV.

GOP flips those 4, and adds VA (6.1%) & OH (7.9%) == 271EV. Bye bye Bobo.

The math is that simple, and every one of the 3 viable GOP candidates knows that. That's why no one's gettin' out from here on out.


60 posted on 03/09/2012 5:59:10 PM PST by StAnDeliver (=)
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To: newzjunkey
"He's happy to push gas prices now and see them back down in time for the election as well"

The problem there is that this $4 gas right now is going to hurt 2012 Q1 & Q2 (and quite possibly push unemployment back up a tick or two), which will reveal itself right about debate time...

61 posted on 03/09/2012 6:12:17 PM PST by StAnDeliver (=)
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To: C19fan

There are 2 million FEWER total number of jobs today than when Obama was anointed. The unemployment number will soon reach zero when every one will be discouraged and stop looking for jobs.

I am sure the smart people at FR are well aware that the 8.3% unemployment does NOT count those discouraged workers who are not looking for jobs, and those who are working part-time and those who are working in jobs below their skill level for lack of better jobs.


62 posted on 03/09/2012 9:39:47 PM PST by entropy12 (In fighting among republicans is greatly appreciated by the Obama re-election campaign.)
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To: C19fan

Add to the cities’ debt , the federal one at 17 $ trillion , exploded by democrat Obama’s 5 trillion borrowed.

Over 100 trillion in unfunded liabilities, massive state ,local and federal debt, massive consumer debt and much more.

That this society will collapse is a mathematical certaintity. Any fool can see that but the media lies and says the economy is improving: NO we are living off of and on debt.And Obama borrowing 5 trillion instead of cutting government and implementing austerity measures now ensures a collapse. Palin wanted to cut government spending and drill for oil. The liberal media called her dumb and many believed it. But she would have still won.And who is dumb now?


63 posted on 03/10/2012 5:35:55 AM PST by rurgan (Make all laws have an expiration date of 3 years. too many laws is the problem)
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To: C19fan

Obama has created millions of jobs in China.


64 posted on 03/10/2012 6:02:43 AM PST by rurgan (Make all laws have an expiration date of 3 years. too many laws is the problem)
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To: AmericanInTokyo; All

The White House needs a new websit

www.CookTheBooks.com


65 posted on 03/10/2012 9:45:41 AM PST by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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