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Unemployment drops to 8.3%
Uploaded on February 03, 2012Bureau of Labor Statistics (as a source instead of something like Partisan Statistical Liars Incorporated)
http://www.bls.gov/news.release/empsit.nr0.htm
Good News if you care about American people, families, the economy, children, jobs, or Sunday school classes, horrible news to be disputed and mocked if you are a Republican.
Today Mitt Romney is hating these numbers, Boener is scheming on how to raise the rates, that plan to ruin the economy at all costs, can only go so far.
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All private sector jobs I'd note. True proof of a socialist plot.
Distorted info for one. The feds own CBO office told us that yesterday..told us unemployment was at 10%. And given capitalist governance of the economy does anyone think that after nearly 4 yrs. now of a recession we would be at Rats distorted unemployment figure of even 8.3% ? GW Bush dropped the unemployment figure to 4.5% by lowering taxes after a devistating terrorist attack designed to destroy the economy at the same time a recession had been handed to him by Clinton. And it dropped to that figure almost immediately. What is it about hindsight that a Rat doesn't understand?
And if you knew anything about what socialist governance of a countries economy does to the economy like all the countries in Europe, you'd know that any gains in private sector jobs were the result of NOTHING that the governance did for the private sector..NOTHING! European unemployment ran around 10% for several decades for most countries in Europe given the same kind of socialist governance our country has. That was the accepted norm...10% unemployment.
Cooked numbers. Those not in the labor force increased 1.177 million from December 2011 to January 2012. This makes the labor participation rate drop by 3 tenths of a percent. See the chart on page 8:
http://www.bls.gov/news.release/pdf/empsit.pdf
Private Sector Job Creation December 07 through January 12
http://www.barackobama.com/jobsrecord?source=OM2012_PR_FB_jobgrowth-co_5...
Interesting to see it in a visual way.
The chart on the first page you posted Pig kind of matches the one I just did except it includes govt jobs.
One area Obama has been good on is shrinking the size of government and I don't think public sector jobs should be included. We don't need to employ people by sending them off to war. A lot of states have also cut cops and teachers to balance budgets, kind of a wrong way to do it in my book but out of the hands of the feds.
All in all a dramatic shift. From an economy headed to the abys, to one regaining it's footing, to one creating jobs for many many months in a row. If only congress would do something we might get out of this slump.
Here is some GLARING facts. In the last two months there were 2 1/2 MMMMMMMMMMILLLION less jobs than there were before that period! Since Obama's been President there are now 6 MMMMMMMMMMillion less jobs than when he took office. For every 3 working person there is 1 person on food stamps. Poverty has risen dramatically. Yet we get 8.3% unemployment coming out of the B. of Labor, and liberals want to tell you the economy is improving. Here is what Sayfu told you long ago. Socialist governance of an economy SHRINKS the real economy. Capitalist governance EXPANDS the real economy. With 6 million less jobs, of course the unemployment rate will drop...there are less jobs available!!!!!!!!!!
RockRat,
I'm sorry to inform you that your figures are just wrong...knotfu said so.
In all seriousness though, with the CBO's long range look released yesterday and today's jobs numbers, ol" Mitt and Newtron don't have much of a leg to stand on.
Actually heard some GOP type this evening spouting off that the figures were DISPITE Obama...as if a gridlocked Congress is really a good thing...what a mope.
Rush will say Monday morning the markets are approaching 13K in anticipation of a Republican win in November.
Sure do wish congress would make a jobs bill.
Govt can create a job Rat. Incredible you libs can't understand simple economics.
It is govt can NOT create a job by spending tax payer money, and creating a tax payer job like Obama thinks he can. But I don't think he thinks he can. He wants to commit the economy to more, and more socialist govt control. That sure appears to be the hard facts.
Guess all those families depending on military pay, police and firemen paychecks are bogus. Likewise park employees, rangers, game wardens, road and bridge construction workers, water and sewer employees, etc. etc. etc.
Must be they have their own monetary system.
hoski..Me thinks you are starting to get it. At least you are making differntiation between tax payer funding that is needed, and pouring tax payer money down a rathole like Obama has. I mean like a hardworkin dudes taxes going to one of Obama's billionaire cronies? And that is policy, not just exception.
And that is the beauty of capitalist governance as apposed to whatever you want to call it that Obama and the left have implimented that have our economy shrinking so dramatically rather than expanding. There are more than enough tax revenues to safety net, as Romney said, all those in need, and still not discourage charitable contributions that Obama is discouraging now. Gates for example? Does he want his vast wealth given to the govt like he says needs to be? Not on your life! The guy has his money protected in a Trust fund, and his billions going DIRECTLY to those he feels need the money, not being given to guys like Jon Corsine to do what they want with it!
Funny Obama photo
http://www.barackobama.com/jobsrecord?source=20120205_pg_dncfull&utm_med...
LOL, and you picked an unbiased site to reference...NOT
Here's one to wrap your mind around: Obama's Magic Number? 150,000 jobs per month.
http://fivethirtyeight.blogs.nytimes.com/2012/02/03/obamas-magic-number-...
Nate Silver is great. I was happy for him but bummed out for me when he landed that job at the NYT. He used to post once a day at least and tell more jokes. Now I hardly ever read his stuff, I should more often. His electoral predictions are usually very good.
Like the blog title, the magic number is 538
No President has EVER been elected with an unemployment number above 8%. Wanna bet what Obama has the number reported as being before the election? And then you can figure out, and read the real number.
A message from Clint
http://youtu.be/vEM9dodyABo
"EVER"? FDR, 1936 election with 60.8% of the vote, unemployment estimated between 9.9 and 16.9%. 1940 election, unemployment between 9.5 and 14.6%.
Right, since the Great Depression. GW Bush saw unemployment drop dramatically to 4.5% via the tax cuts. Now you libs talk like 8.3% is a good number., and the Rat talks about how to raise taxes. GW Bush was also said to have us in a recession with but a 3% growth rate. Obama's has been far less than that, and next year, after 4 yrs. of this guy, and his socialist governance his own budget office predicts a 1% growth rate!!!! Thanks alot Mr. food stamp President.
GW Bush lost more jobs than he made. Took 8 years but he managed.
Oh and Pig if you'd like more gloom and doom realism off the unemp #s, gloom and doom from a Dem Partisan.
"As the Economic Policy Institute points out, we started 2012 with fewer workers employed than in January 2001 — zero growth after 11 years, even as the population, and therefore the number of jobs we needed, grew steadily. The institute estimates that even at January’s pace of job creation it would take us until 2019 to return to full employment.
And we should never forget that the persistence of high unemployment inflicts enormous, continuing damage on our economy and our society, even if the unemployment rate is gradually declining. Bear in mind, in particular, the fact that long-term unemployment — the percentage of workers who have been out of work for six months or more — remains at levels not seen since the Great Depression. And each month that this goes on means more Americans permanently alienated from the work force, more families exhausting their savings, and, not least, more of our fellow citizens losing hope."
http://www.nytimes.com/2012/02/06/opinion/krugman-things-are-not-ok.html?
What a minute. Your post made total sense, and then I read the hyperlink, and Krugman?..as in Paul Krugman? lol! You go from facts to a communist? HAHAHAHA Not much need to click on it is there?
He who must not be responded to directly paraphrased.
"I understand and agree with that completely but because of who it's written by and because I might find other things he writes to cause me to question my own assumptions I won't read it"
With gas prices guaranteed to go up, how far do you think the real unemployment rate will drop? You gonna need a whole lot more "revenue generation" Guess where it will come from?...naw, not printing up more dollars? You think so? You've already spent next generation of our kids money already! And your notion of a added tax on that gas? Surely that will work. Wonder what the cost of a loaf of bread will be for all of those poor people you, and the left have created?
And I see back to where the Rat Said, "GW Bush lost more jobs than he created?" Created with the tax cuts? Really? 4.5% unemployment was a distorted figure?...for 54 straight months it was distorted, and you libs went along with the big lie? No one ever heard you make the claim that 4.5% unemployment was a distorted figure. The only thing you libs had to say to try, and wipe the egg of your face, was.."it will be short lived..can't can't last for long." And it can't if you put libs in congress, and raise the size of govt by 25%, and overspend the incredible revenue that was raised via the tax cuts.
RockRat,
You nailed it!
"he who shall not be directly addressed" is very quickly relegating himself to the "entertainment purposes only" section.
Perfect paraphrase.
I accept your surrender hoski. Just put the red flag away, and wave the white one please.
We need another forum. Perhaps "Backpedaling & Flip-Flop"?
You don't do either on Econ 101...clueless with no comment on the most pertenent topic of this election year. A no-show, NADA, "He throws up a prayer, and it goes unanswered!" Do you know who said that famous line? Was the voice of an often championship NBA team.
Or maybe "lunatic fringe"...as evidenced by the above post.
"He throws up a prayer, and it goes unanswered!" Where does that fit in Econ 101, pray tell?
Like I said, lunatic fringe.
Seriously, I think PigHunter nailed it best on a different thread... Narcissist.
Hunter...It doesn't, just askin if you knew. There is no fit on this thread for ECON 101 if none of you can speak one word of intelligence regarding the economic oversight that will grow the economy, and create jobs. Wrong forum. All are clueless on the subject. That has been quite apparent for some time now. And what binds the cheese in all of these discussions is economics, and all of you seem intellectually bankrupt on the subject. So who did say that, do you know, or not?
Its a lie. Wait until thousands of soldiers, sailors and marines are furlouhged into the economy. OMG - obummer must go.
Post a Reply
GW Bush lost more jobs than he made. Took 8 years but he managed.
We need another forum. Perhaps "Backpedaling & Flip-Flop"?
Like I said, lunatic fringe.
Seriously, I think PigHunter nailed it best on a different thread... Narcissist.
Or maybe "lunatic fringe"...as evidenced by the above post.
"He throws up a prayer, and it goes unanswered!" Where does that fit in Econ 101, pray tell?
"EVER"? FDR, 1936 election with 60.8% of the vote, unemployment estimated between 9.9 and 16.9%. 1940 election, unemployment between 9.5 and 14.6%.
Oh and Pig if you'd like more gloom and doom realism off the unemp #s, gloom and doom from a Dem Partisan.
"As the Economic Policy Institute points out, we started 2012 with fewer workers employed than in January 2001 — zero growth after 11 years, even as the population, and therefore the number of jobs we needed, grew steadily. The institute estimates that even at January’s pace of job creation it would take us until 2019 to return to full employment.
And we should never forget that the persistence of high unemployment inflicts enormous, continuing damage on our economy and our society, even if the unemployment rate is gradually declining. Bear in mind, in particular, the fact that long-term unemployment — the percentage of workers who have been out of work for six months or more — remains at levels not seen since the Great Depression. And each month that this goes on means more Americans permanently alienated from the work force, more families exhausting their savings, and, not least, more of our fellow citizens losing hope."
http://www.nytimes.com/2012/02/06/opinion/krugman-things-are-not-ok.html?
He who must not be responded to directly paraphrased.
"I understand and agree with that completely but because of who it's written by and because I might find other things he writes to cause me to question my own assumptions I won't read it"
The chart on the first page you posted Pig kind of matches the one I just did except it includes govt jobs.
One area Obama has been good on is shrinking the size of government and I don't think public sector jobs should be included. We don't need to employ people by sending them off to war. A lot of states have also cut cops and teachers to balance budgets, kind of a wrong way to do it in my book but out of the hands of the feds.
All in all a dramatic shift. From an economy headed to the abys, to one regaining it's footing, to one creating jobs for many many months in a row. If only congress would do something we might get out of this slump.
RockRat,
I'm sorry to inform you that your figures are just wrong...knotfu said so.
In all seriousness though, with the CBO's long range look released yesterday and today's jobs numbers, ol" Mitt and Newtron don't have much of a leg to stand on.
Actually heard some GOP type this evening spouting off that the figures were DISPITE Obama...as if a gridlocked Congress is really a good thing...what a mope.
Guess all those families depending on military pay, police and firemen paychecks are bogus. Likewise park employees, rangers, game wardens, road and bridge construction workers, water and sewer employees, etc. etc. etc.
Must be they have their own monetary system.
Funny Obama photo
http://www.barackobama.com/jobsrecord?source=20120205_pg_dncfull&utm_med...
A message from Clint
http://youtu.be/vEM9dodyABo
RockRat,
You nailed it!
"he who shall not be directly addressed" is very quickly relegating himself to the "entertainment purposes only" section.
Perfect paraphrase.
All private sector jobs I'd note. True proof of a socialist plot.
Cooked numbers. Those not in the labor force increased 1.177 million from December 2011 to January 2012. This makes the labor participation rate drop by 3 tenths of a percent. See the chart on page 8:
http://www.bls.gov/news.release/pdf/empsit.pdf
Private Sector Job Creation December 07 through January 12
http://www.barackobama.com/jobsrecord?source=OM2012_PR_FB_jobgrowth-co_5...
Interesting to see it in a visual way.
Rush will say Monday morning the markets are approaching 13K in anticipation of a Republican win in November.
Sure do wish congress would make a jobs bill.
LOL, and you picked an unbiased site to reference...NOT
Here's one to wrap your mind around: Obama's Magic Number? 150,000 jobs per month.
http://fivethirtyeight.blogs.nytimes.com/2012/02/03/obamas-magic-number-...
Nate Silver is great. I was happy for him but bummed out for me when he landed that job at the NYT. He used to post once a day at least and tell more jokes. Now I hardly ever read his stuff, I should more often. His electoral predictions are usually very good.
Like the blog title, the magic number is 538
I accept your surrender hoski. Just put the red flag away, and wave the white one please.
Its a lie. Wait until thousands of soldiers, sailors and marines are furlouhged into the economy. OMG - obummer must go.
Distorted info for one. The feds own CBO office told us that yesterday..told us unemployment was at 10%. And given capitalist governance of the economy does anyone think that after nearly 4 yrs. now of a recession we would be at Rats distorted unemployment figure of even 8.3% ? GW Bush dropped the unemployment figure to 4.5% by lowering taxes after a devistating terrorist attack designed to destroy the economy at the same time a recession had been handed to him by Clinton. And it dropped to that figure almost immediately. What is it about hindsight that a Rat doesn't understand?
And if you knew anything about what socialist governance of a countries economy does to the economy like all the countries in Europe, you'd know that any gains in private sector jobs were the result of NOTHING that the governance did for the private sector..NOTHING! European unemployment ran around 10% for several decades for most countries in Europe given the same kind of socialist governance our country has. That was the accepted norm...10% unemployment.
Here is some GLARING facts. In the last two months there were 2 1/2 MMMMMMMMMMILLLION less jobs than there were before that period! Since Obama's been President there are now 6 MMMMMMMMMMillion less jobs than when he took office. For every 3 working person there is 1 person on food stamps. Poverty has risen dramatically. Yet we get 8.3% unemployment coming out of the B. of Labor, and liberals want to tell you the economy is improving. Here is what Sayfu told you long ago. Socialist governance of an economy SHRINKS the real economy. Capitalist governance EXPANDS the real economy. With 6 million less jobs, of course the unemployment rate will drop...there are less jobs available!!!!!!!!!!
It is govt can NOT create a job by spending tax payer money, and creating a tax payer job like Obama thinks he can. But I don't think he thinks he can. He wants to commit the economy to more, and more socialist govt control. That sure appears to be the hard facts.
hoski..Me thinks you are starting to get it. At least you are making differntiation between tax payer funding that is needed, and pouring tax payer money down a rathole like Obama has. I mean like a hardworkin dudes taxes going to one of Obama's billionaire cronies? And that is policy, not just exception.
And that is the beauty of capitalist governance as apposed to whatever you want to call it that Obama and the left have implimented that have our economy shrinking so dramatically rather than expanding. There are more than enough tax revenues to safety net, as Romney said, all those in need, and still not discourage charitable contributions that Obama is discouraging now. Gates for example? Does he want his vast wealth given to the govt like he says needs to be? Not on your life! The guy has his money protected in a Trust fund, and his billions going DIRECTLY to those he feels need the money, not being given to guys like Jon Corsine to do what they want with it!
No President has EVER been elected with an unemployment number above 8%. Wanna bet what Obama has the number reported as being before the election? And then you can figure out, and read the real number.
With gas prices guaranteed to go up, how far do you think the real unemployment rate will drop? You gonna need a whole lot more "revenue generation" Guess where it will come from?...naw, not printing up more dollars? You think so? You've already spent next generation of our kids money already! And your notion of a added tax on that gas? Surely that will work. Wonder what the cost of a loaf of bread will be for all of those poor people you, and the left have created?
And I see back to where the Rat Said, "GW Bush lost more jobs than he created?" Created with the tax cuts? Really? 4.5% unemployment was a distorted figure?...for 54 straight months it was distorted, and you libs went along with the big lie? No one ever heard you make the claim that 4.5% unemployment was a distorted figure. The only thing you libs had to say to try, and wipe the egg of your face, was.."it will be short lived..can't can't last for long." And it can't if you put libs in congress, and raise the size of govt by 25%, and overspend the incredible revenue that was raised via the tax cuts.
Govt can create a job Rat. Incredible you libs can't understand simple economics.
Right, since the Great Depression. GW Bush saw unemployment drop dramatically to 4.5% via the tax cuts. Now you libs talk like 8.3% is a good number., and the Rat talks about how to raise taxes. GW Bush was also said to have us in a recession with but a 3% growth rate. Obama's has been far less than that, and next year, after 4 yrs. of this guy, and his socialist governance his own budget office predicts a 1% growth rate!!!! Thanks alot Mr. food stamp President.
Hunter...It doesn't, just askin if you knew. There is no fit on this thread for ECON 101 if none of you can speak one word of intelligence regarding the economic oversight that will grow the economy, and create jobs. Wrong forum. All are clueless on the subject. That has been quite apparent for some time now. And what binds the cheese in all of these discussions is economics, and all of you seem intellectually bankrupt on the subject. So who did say that, do you know, or not?
What a minute. Your post made total sense, and then I read the hyperlink, and Krugman?..as in Paul Krugman? lol! You go from facts to a communist? HAHAHAHA Not much need to click on it is there?
You don't do either on Econ 101...clueless with no comment on the most pertenent topic of this election year. A no-show, NADA, "He throws up a prayer, and it goes unanswered!" Do you know who said that famous line? Was the voice of an often championship NBA team.
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