Tag: Unemployment
Economy Continuing Moderate Growth
175,000
Number of jobs the U.S. economy added in May, signaling the economic recovery remains broadly on track, reported the Wall Street Journal: “The Labor Department said the unemployment rate rose slightly to 7.6% from 7.5% in April.”
Unemployment Hits Lowest Rate Since December 2008
7.5%
The unemployment rate for April, the lowest since December 2008. The U.S. economy added 165,000 jobs last month, more than the 148,000 gain expected by economists, the Wall Street Journal reports.
Dumb and Duncan
The South Carolina Republican says statistics is traitors.
He says they only help stockbrokers and corporate raiders.
He says that government numbers
Just make us dimmer and dumber,
So let’s get rid of all them durn economic indicators!
Sequestration Would Slow Growth, Kill 700,000 Jobs Through 2014
700,000
Number of jobs that would be lost through 2014 if sequestration (including reductions in armed forces) goes through, according to Macroeconomic Advisers, pushing the unemployment rate to 7.4%. “The higher unemployment would linger for several years.”
Unemployment Drops to 7.8% – Lowest Since Bush Era Economic Crash
7.8%
Unemployment rate for September 2012, the lowest rate since the economy crashed at the end of the Bush administration. According to Atlantic Wire, “In addition, the Bureau of Labor Statistics made big revisions to data from previous months, showing huge increases in the number of jobs being created over the last three months. Total employment from the “household survey” also showed an increase of 873,000 jobs last month, the biggest one-month jump since June of 1983.”
Romney Says Obama is Wrong To Try To Put People Back to Work
His whole campaign is based on getting people jobs again, putting people back to work.
— Mitt Romney, criticizing Pres. Obama for his efforts to increase employment. In contrast, Romney said it’s the personal responsibility of the unemployed to change their job status: “My campaign is about helping people take more responsibility and becoming employed again, particularly those who don’t have work.”
Jobs Report Brings Terrible News – for Congressional Republicans’ Strategy of Obstructing the Recovery
The Republican strategy of obstructing the recovery from the 2008 financial collapse caused by their anti-regulatory policies during the Bush-Cheney administration has been surprisingly effective over the past three years. However, the June jobs report released today suggests they will have to redouble their efforts to keep employment low and foreclosures up among their constituents back home if they are going to achieve their stated “single most important” goal of making Barack Obama a one-term president:
Factcheck.org Confirms President’s Record on Job Growth, Proves Romney Lies When He Says Obama Has Created No Jobs
The 18 debates among the Republican presidential wannabes have been such horrific clown shows that both Sen. John McCain, the GOP 2008 nominee, and Bush’s propaganda czar Karl Rove have expressed concern that they are harming the party.
The debates have also been veritable blizzards of lies, particularly about Pres. Obama’s record. None of the candidates is a smoother or more practiced liar than Mitt Romney, who has made his political career out of changing his positions in order to get votes.
In his State of the Union speech last night, the president addressed one of Romney’s often-repeated lies — that no jobs have been created since Obama took office.
Pres. Obama: In the last 22 months, businesses have created more than three million jobs. Last year, they created the most jobs since 2005. American manufacturers are hiring again, creating jobs for the first time since the late 1990s.
Factcheck.org confirms the president’s statement even while griping a little about what he didn’t say — and in doing so puts the lie to Romney’s oft-repeated claim that no jobs have been created since the Obama took office in the depths of the Bush recession:
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