Gloomy jobs report shadows Obummer

Nova78

Gold Member
Dec 19, 2011
4,093
1,931
200
Colorado
Gloomy jobs report shadows race with 60 days left | General Headlines | Comcast

A dismal new snapshot of jobs in America shadowed the presidential campaign on Friday, testing the voter patience that will save or sink President Barack Obama's re-election bid. Seizing on the timing, Republican Mitt Romney said Obama's convention party had given way to quite a "hangover."

Employers added just 96,000 jobs in August, not nearly enough to seriously dent unemployment, let alone inspire confidence that the economy is getting better. Even the good news — the unemployment rate dropped from 8.3 percent to 8.1 percent — resulted from many job-hunters just giving up.

"We're going in the wrong direction," Romney declared, a view echoed by a majority of Americans still reeling from a massive recession.

Idiot in charge did not get it done,send him packing,all he did was bankrupt the Country,and increase the welfare rolls...

$bc50a49cb11a61428c48ca25f6072341.jpg
 
...Employers added just 96,000 jobs in August...
That's only the payroll jobs.

When we add in all the self employed, supervisors, etc. then we got August showing that 119,000 lost their jobs. The reason that gave us a drop in the rate was because August also saw 581,000 fewer people in the shrinking workforce.
A1job0910_345.gif.cms

A non-shrink workforce puts unemployment at 11.2%
 

Forum List

Back
Top