May 2013 Jobs Report Shows Unemployment Rate Rising to 7.6%; Manufacturing Sector Loses Jobs for Third Month in a Row – Video Report 6/7/13

The December 2012 Unemployment Numbers are out, and the Unemployment Rate moved up to 7.8%. The Obama water-carriers are saying it remained “unchanged” because they revised the November number up from 7.7% to 7.8%, after having trumpeted by drop in unemployment to 7.7%!

December 2012 Jobs Report Shows Unemployment Rate Up to 7.8% – Video Report 1/4/13

Here’s video of CNBC’s Rick Santelli this morning, reacting to news the Unemployment Rate has dropped to 7.8% from 8.1% despite continued weak job growth. Santelli said, “I told you they’d get it under 8% — they did!”

Via NewsBusters

Ed Morrissey at Hot Air has a great rundown on all the numbers:

CNBC’s Rick Santelli Questions Drop in Unemployment Rate to 7.8%: “I Told You They’d Get it Under 8%. They Did!” – Video 10/5/12

The September Jobs Report is out, and while non-farm payrolls only added 114,000 jobs, the unemployment rate has dropped from 8.1% to 7.8%. That’s on the heels of last month’s drop from 8.3% to 8.1% despite a weak jobs report. As you can see from the tweet sent out by former GE Chairman Jack Welch, he thinks the rate has gone down because of manipulation to help President Obama:

WALL STREET JOURNAL: The U.S. unemployment rate fell to its lowest level in more than 3½ years in September as the economy continued to add jobs, a potential boost for President Barack Obama’s campaign to win a second term.

The politically important unemployment rate fell to 7.8% last month from 8.1% in August. That was the lowest level since January 2009.

U.S. payrolls, obtained in a separate survey of employers, increased by a seasonally adjusted 114,000 jobs last month, the Labor Department said Friday.

Economists surveyed by Dow Jones Newswires expected a gain of 118,000 in payrolls and an 8.1% jobless rate. . . . Read More

September Jobs Report Shows Unemployment Rate Drops to 7.8%; Jack Welch Tweets, “These Chicago Guys will do Anything. . . Can’t Debate so Change Numbers” – 10/5/12

From yesterday’s August Jobs Report, word came that the “Labor Participation Rate” is now the lowest in an entire generation. It is now down to 63.5% (percentage of Americans of working age who are employed), with the total percentage of Americans 25 and up who are employed falling to 58.3%.

“Labor Participation Rate” in the United States Now the “Lowest in a Generation” – Video 9/7/12

And the Obama Economy rolls on . . . .


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

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

BREAKING: June Jobs Report – Only 80,000 Jobs Added; Unemployment Rate Remains at 8.2% – 7/6/12

The Obama Economy rolls on.

WASHINGTON POST: U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures could fan fears that the economy is sputtering.

The Labor Department also says the economy created far fewer jobs in the previous two months than first thought. It revised those figures down to show 49,000 fewer jobs created. The unemployment rate rose to 8.2 percent from 8.1 percent in April, the first increase in 11 months. . . . Read More

Reaction:

U.S. Unemployment Rate Rises to 8.2% in Dismal Jobs Report – 6/1/12

The August Jobs Report is out – and it is a total disaster. It shows NET JOB GROWTH OF ZERO at all in the month of August – the first time that has happened since 1945. The U.S. Unemployment Rate supposedly held steady at 9.1%:

FOX NEWS: Employers added no net workers last month and the unemployment rate was unchanged, a sign that many were nervous the U.S. economy is at risk of slipping into another recession.

The Labor Department says total payrolls were unchanged in August, the weakest report in almost a year. It’s the first time since February 1945 that the government has reported a net job change of zero. The unemployment rate stayed at 9.1 percent. . . . Read More

August Jobs Report Shows NET JOB GROWTH OF ZERO; First Time Since 1945; Unemployment Rate 9/1% – 9/2/11

The Left is already trying to squirm out of reality when it comes to President Obama and his adminstration promising that his “Stimulus” boondoggle would prevent unemployment from going above 8%. The need for the “Stimulus” to prevent unemployment from going higher was one of Obama’s biggest selling points to push it through.

But leftist “journalist” Richard Wolffe tries to make out like Obama’s Administration had nothing to do with that 8% number – which left former RNC Chair Michael Steele groaning and shaking his head. That’s what a lot of us do as we watch the liberal media on TV!

As to Wolffe’s claim – even NBC’s David Gregory doesn’t buy it. Below is video of Gregory telling Treasury Secretary Tim Geithner just a few weeks ago that their “Stimulus” was supposed to keep unemployment below 8%. Geithner never disputed what he said. Whether the Left likes it or not – Obama’s “Stimulus” failed and he said it was the solution.

Via NewsBusters

MSNBC’s Richard Wolffe Tries to Deny Obama Administration Promised “Stimulus” would Keep Unemployment Below 8%; David Gregory Remembers the Guarantee – Videos

The July Jobs Report is out – and the U.S. Unemployment Rate ticked down one notch to 9.1% on the creation 117,000 new jobs. That exceeded expectations. Yet it’s difficult to know how many people simply stopped looking for work, meaning they are no longer counted in the unemployment number:

ABC NEWS: The economy created 117,000 jobs in July as unemployment fell to 9.1 percent, a bit of good news in what has been a dismal series of economic reports this summer. . . .

Economists were expecting 75,000 jobs to be added in July and unemployment to stay steady at 9.2 percent. Investors are clamouring for the Federal Reserve to undertake another round of economic stimulation, which has boosted stock prices in so-called qauntitative easing programs since the financial meltdown in 2008.

In June, the unemployment rate rose to 9.2 percent after employers added just 18,000 jobs.

Still, even with better July numbers, the economy is not creating enough jobs to bring unemployment down significantly. . . . Read More

U.S. Unemployment Rate Dips Slightly to 9.1% in July Jobs Report – 8/5/11

The latest Jobs Report is due out at 8:30 AM ET today. Dow Futures are trading lower in anticipation of the report. Yesterday, the Dow fell more than 500 points.

FOX BUSINESS: U.S. stock futures dipped lower Friday morning as Wall Street struggled to bounce back from its worst day in more than two years and traders brace for another potentially ugly jobs report. . . . . Read More

New Jobs Report Due Out at 8:30 AM ET; Markets Jittery – 8/5/11

Here is video of reporter Al Hunt saying he heard Obama Campaign Guru David Plouffe tell a breakfast group that the U.S. Unemployment Rate won’t hurt Obama in 2012 because “voters don’t focus on the unemployment rate or GDP.” He said that one day ahead of the dismal June 2011 Jobs Report which shows unemployment has risen to 9.2%.

Obama Campaign Guru David Plouffe Reportedly Says Voters Don’t Focus on Unemployment Rate or GDP – Video Report 7/7/11

The Obama “Recovery” continues:

BLOOMBERG: U.S. employers in May added the fewest number of workers in eight months and unemployment unexpectedly rose to 9.1 percent, underscoring Federal Reserve concerns the expansion is failing to boost the labor market.

Payrolls increased by a less-than-projected 54,000 last month, after a revised 232,000 gain in April that was smaller than initially estimated, Labor Department figures showed today in Washington. The median forecast in a Bloomberg News survey called for payrolls to rise 165,000. The jobless rate climbed to the highest level this year from 9 percent a month earlier. . . .

“These are pretty bleak numbers,” Coronado said. “Some of the engines of hiring just went away. Combined with the slowdown in consumer spending, it raises concern that the slowing in hiring could be with us for a while.” . . . Read More

U.S. Unemployment Rate Rises to 9.1%

Follow Us


on twitteron facebookby RSS feed