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Feb 3, 2012 | Posted by: roboblogger

US unemployment numbers: what have we learned?

Full story: The Guardian

The bailout of the car industry was worth it, and growth will cheer Obama - but there are some worrying long-term trends The latest US jobs numbers proved surprisingly strong, and will be a further boost to president Barack Obama as he gears up for an election that will be all about the economy.

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Don Joe

Minneapolis, MN

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#1
Feb 3, 2012
 

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With bush losing over 700,000 jobs per month, and now Obama gaining over 243,000 jobs per month it looks like a turn around of almost 1,000,000 jobs per month.

Ok, it's not enough considering how many jobs we were losing, but it's a start.

I suppose the GOP house of (alleged) representatives will try to pass some new legislation to get us back to the negative job growth.
Tony

Broken Arrow, OK

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#2
Feb 3, 2012
 

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President Obama is saving America from the great Bush depression and 8 years of Bush destruction. Stock market up, jobs being created, and unemployment down to 8.3% the same as Texas. Unemployment is expected to be around 7% or below by the end of 2012. Obama will be re-elected no doubt.

Since: Nov 08

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#3
Feb 3, 2012
 

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Don Joe wrote:
With bush losing over 700,000 jobs per month, and now Obama gaining over 243,000 jobs per month it looks like a turn around of almost 1,000,000 jobs per month.
Ok, it's not enough considering how many jobs we were losing, but it's a start.
I suppose the GOP house of (alleged) representatives will try to pass some new legislation to get us back to the negative job growth.
The total number of unemployed fell below 13 million for the first time since February 2009, while the total amount of employed Americans rose to 141.6 million, an increase of 847,000 from December.

The unemployment rate was last this low in February 2009 as well.
The closely watched labor-force participation number, which can skew the unemployment rate, was unchanged at 63.7 percent.

Unemployment for blacks plunged from 15.8 percent to 13.6 percent, while the rate for Hispanics fell from 11.0 percent to 10.5 percent. The teen unemployment rate rose one-tenth to 23.2 percent.

The so-called real unemployment rate, which measures discouraged workers as well and is referred to as the U-6, nudged lower to 15.1 percent.

Long-term unemployment, though, remains a problem, with the duration dropping from a near-record 40.8 weeks to 40.1 weeks.
Also, the level of discouraged workers surged, rising 7 percent to its highest level since December 2010.

Job growth remains one of the two missing pieces of the recovery puzzle, even though the rate has been on a steady trek lower
conservative crapola

Allentown, PA

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#4
Feb 3, 2012
 

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Le Jimbo wrote:
<quoted text>
Just isn't workin' out for ya, is it?

“obama sux!!!!!!!”

Since: Aug 08

usa

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#5
Feb 3, 2012
 

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in an amazing display of stupid, the loons are cheering their messiah's brilliant economic policies...NONE of which have been enacted in over 14 months...
obama does A LOT better when he can't do anything...
but, have some faith, he WILL find a way to fck things up!
Gary

Bellingham, WA

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#6
Feb 3, 2012
 

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In spite of Herculean efforts by the Republicans to
sabotage the economic recovery, it's happening.

Let them explain how or why this socialistic, America-hating president has saved American capitalism. Not just for the corporate elite
(the Republican constituency), but for all Americans.

In other words,let Romney and Gingrich and the rest of those GOP Bozos rave on. Obama will look successful that these Republican Bozos will have to resort to demonizing his daughters.

Since: Nov 08

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#7
Feb 3, 2012
 

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Gary wrote:
In spite of Herculean efforts by the Republicans to
sabotage the economic recovery, it's happening.
Let them explain how or why this socialistic, America-hating president has saved American capitalism. Not just for the corporate elite
(the Republican constituency), but for all Americans.
In other words,let Romney and Gingrich and the rest of those GOP Bozos rave on. Obama will look successful that these Republican Bozos will have to resort to demonizing his daughters.
Only you, Crapolabigfoot, Barbie and Marine Pattie believe that.

Since: Sep 07

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#8
Feb 3, 2012
 

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if you talk to the drug addicts on capitol hill, they will tell you there is no unemployment problem.

they will also tell you that outsourcing our jobs overseas, building our factories overseas, and giving out all our secrets is in our best interest.

all we need to do is print more paper money, right guys?

cocaine using, marijuana smoking, brain dead, stupid hippies.

can you believe it? they even want to legalize all illicit drugs. to them, it is no harmful than alcohol.

you want to know how dangerous drugs are? check out what is happening in russia with the krokodil epidemic.
http://www.youtube.com/watch...

talk about having your brain fried to the point of losing all commonsense.
celticwarriors

Bradenton, FL

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#9
Feb 3, 2012
 

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The Greedy Obstructionist Prostitutes in the House and Senate need to pack their bags. They are committing fraud by taking bribes from lobbyists, who they actually represent, not one of their voters.
Gary

Bellingham, WA

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#10
Feb 3, 2012
 

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Most Americans understand that it takes time to recover from an economic slump as deep as the one Obama inherited from George W.Bush. If the Republicans had had their way, the recovery would
still be years off, if ever.
Tony

Broken Arrow, OK

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#11
Feb 3, 2012
 

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Stocks soar after strong jobs report

The Dow Jones industrial average closes at its highest level since the 2008 financial crisis.

“"Beau-Se'ant”

Since: Jan 09

Manchester

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#12
Feb 3, 2012
 

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We've learned that the Obama administratin and their liberal shills in the media are all too good at more lies and obfuscations relative to the REAL unemployment numbers, which are actually at 11.5%:

"Implied Unemployment Rate Rises To 11.5%, Spread To Propaganda Number Surges To 30 Year High":

"Sick of the BLS propaganda? Then do the following calculation with us: using BLS data, the US civilian non-institutional population was 242,269 in January, an increase of 1.7 million month over month: apply the long-term average labor force participation rate of 65.8% to this number (because as chart 2 below shows, people are not retiring as the popular propaganda goes: in fact labor participation in those aged 55 and over has been soaring as more and more old people have to work overtime, forget retiring), and you get 159.4 million: that is what the real labor force should be. The BLS reported one? 154.4 million: a tiny 5 million difference. Then add these people who the BLS is purposefully ignoring yet who most certainly are in dire need of labor and/or a job to the 12.758 million reported unemployed by the BLS and you get 17.776 million in real unemployed workers. What does this mean? That using just the BLS denominator in calculating the unemployed rate of 154.4 million, the real unemployment rate actually rose in January to 11.5%."

- Tyler Durden, zerohedge.com
Tony

Broken Arrow, OK

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#13
Feb 3, 2012
 

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Le Jimbo wrote:
<quoted text>The total number of unemployed fell below 13 million for the first time since February 2009, while the total amount of employed Americans rose to 141.6 million, an increase of 847,000 from December.
The unemployment rate was last this low in February 2009 as well.
The closely watched labor-force participation number, which can skew the unemployment rate, was unchanged at 63.7 percent.
Unemployment for blacks plunged from 15.8 percent to 13.6 percent, while the rate for Hispanics fell from 11.0 percent to 10.5 percent. The teen unemployment rate rose one-tenth to 23.2 percent.
The so-called real unemployment rate, which measures discouraged workers as well and is referred to as the U-6, nudged lower to 15.1 percent.
Long-term unemployment, though, remains a problem, with the duration dropping from a near-record 40.8 weeks to 40.1 weeks.
Also, the level of discouraged workers surged, rising 7 percent to its highest level since December 2010.
Job growth remains one of the two missing pieces of the recovery puzzle, even though the rate has been on a steady trek lower
The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
Obama will be re-elected.

Since: Dec 07

Palestine, TX

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#14
Feb 3, 2012
 

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Gary wrote:
In spite of Herculean efforts by the Republicans to
sabotage the economic recovery, it's happening.
Let them explain how or why this socialistic, America-hating president has saved American capitalism. Not just for the corporate elite
(the Republican constituency), but for all Americans.
In other words,let Romney and Gingrich and the rest of those GOP Bozos rave on. Obama will look successful that these Republican Bozos will have to resort to demonizing his daughters.
A. The economy took a dive when Nancy Pelosi and Harry Reid took over congress and surprise when Republicans take back the house, the economy starts getting better. Obama has nothing to do with it.

B. The leaders in job creation are the red states, republican led. Nobama won't even visit most of them, as they are a thorn in his lies.
Armup

Wallingford, CT

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#15
Feb 3, 2012
 

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Ofcourse this doesn`t take into account the possibly thousands who just quit looking for work after their unemployment ran out.
More screwing with the numbers by the mooslim in chief and his socialist empire

“read between the lines”

Since: Oct 08

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#17
Feb 3, 2012
 

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There were 132,952,000 people working in December and 130,456,000 in January. So there were 2.5 million fewer jobs in January, and the unemployment rate went down?
Your Ex

Madison, WI

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#18
Feb 3, 2012
 

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Bluebonnets-Thistle wrote:
<quoted text>
A. The economy took a dive when Nancy Pelosi and Harry Reid took over congress and surprise when Republicans take back the house, the economy starts getting better. Obama has nothing to do with it.
B. The leaders in job creation are the red states, republican led. Nobama won't even visit most of them, as they are a thorn in his lies.
Yeah, source your delusions
2009 stats don't count in 2012
Texas Vertigo strikes again.

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

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#19
Feb 3, 2012
 

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Obama Courts the Glitz Elite
http://townhall.com/columnists/brentbozell/20...
Your Ex

Madison, WI

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#20
Feb 3, 2012
 
Bluebonnets-Thistle wrote:
<quoted text>
A. The economy took a dive when Nancy Pelosi and Harry Reid took over congress and surprise when Republicans take back the house, the economy starts getting better. Obama has nothing to do with it.
B. The leaders in job creation are the red states, republican led. Nobama won't even visit most of them, as they are a thorn in his lies.
The republicant House passed what??
I posted and sourced my stuff from yesterday, from yesterday.
You sourced from 2009.
Back your shyt up or STFU.
Your smarter than this.

Since: May 10

Mckeesport, PA

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#22
Feb 3, 2012
 

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Don Joe wrote:
With bush losing over 700,000 jobs per month, and now Obama gaining over 243,000 jobs per month it looks like a turn around of almost 1,000,000 jobs per month.
Ok, it's not enough considering how many jobs we were losing, but it's a start.
I suppose the GOP house of (alleged) representatives will try to pass some new legislation to get us back to the negative job growth.
Keep drinking the kool aid to bad you didnt meet Mr. Jones.
Explain to me how there could be nearly 2 MILLION workers lost in the seasonal jobs report and why if the economy is doing so damned good why we still have record foreclosures in the housing market and nearly 40 MILLION people added to the foodstamp kings total?
Why is gas over 3.50 a gallon and why is unemployment still above 8.55 % even if you trust the lies being told to you
I am eager to consider any logical response Logical being the key

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