Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continue

[Rshermr]

poor Steph, still adding nothing and thinking it's useful

about the same as you, poor little Obamabot..

saying Obama won a victory with 7.8% unemployment..that is some sad desperate stuff there

Ah, a true con tool post. But the population of the country catches on slowly. But slowly they began to understand that repubs have stopped any efforts that Obama proposed to help the economy. And they really started to understand what McConnell meant when he said that his main job was to make Obama a one term pres.

But I know what is really driving Stephanie up a wall The Time award to obama as person of the year. Damn, does not say anything like that in your bat shit crazy con web sites.

 

[Stephanie]

poor Steph, still adding nothing and thinking it's useful

about the same as you, poor little Obamabot..

saying Obama won a victory with 7.8% unemployment..that is some sad desperate stuff there

Ah, a true con tool post. But the population of the country catches on slowly. But slowly they began to understand that repubs have stopped any efforts that Obama proposed to help the economy. And they really started to understand what McConnell meant when he said that his main job was to make Obama a one term pres.

But I know what is really driving Stephanie up a wall The Time award to obama as person of the year. Damn, does not say anything like that in your bat shit crazy con web sites.

LOl, you do have all the talking points down, parrot

carry on with your sad selves

you all are now celebrating 7.8% unemployment..desperate

 

[Rshermr]

about the same as you, poor little Obamabot..

saying Obama won a victory with 7.8% unemployment..that is some sad desperate stuff there

Ah, a true con tool post. But the population of the country catches on slowly. But slowly they began to understand that repubs have stopped any efforts that Obama proposed to help the economy. And they really started to understand what McConnell meant when he said that his main job was to make Obama a one term pres.

But I know what is really driving Stephanie up a wall The Time award to obama as person of the year. Damn, does not say anything like that in your bat shit crazy con web sites.

LOl, you do have all the talking points down, parrot

carry on with your sad selves

you all are now celebrating 7.8% unemployment..desperate

Yup. She hates that Obama got that award. And she would much prefer that the ue rate went above 10%. Then she would not have to keep talking about rates under 8% and dropping.

And, she really hates to admit that jobs created under dems were more than twice that of jobs created under repubs. And she REALLY hates it that more jobs have been created by Obama than W, and W had 8 years. Poor cons. It can be a tough life when you are a con.

 

[EdwardBaiamonte]

And, she really hates to admit that jobs created under dems were more than twice that of jobs created under repubs.

of course thats an idiotic liberal lie!. Clinton created jobs because he inherited boom from Bush 41 and Republicans took over Congress for first time in 40 years and forced him to lie and say the era of big government is over.

Liberals are anti business so obviouly don't create jobs, but rather destroy them. Republicans created the jobs you idiotically attribute to Clinton.

 

[Procrustes Stretched]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor

National Monitor, Staff | January 05, 2013

The latest unemployment report is out and the Obama administration can chalk up another victory in the fight against rising unemployment in the U.S.

According to the latest unemployment report released by the U.S. Bureau of Labor Statistics, nonfarm payroll employment rose by 155,000 in December, leaving the unemployment rate unchanged at 7.8 percent. Employment increased in health care, food services and drinking places, construction, and manufacturing, according to the agency, and will likely be welcomed by congressional Democrats and the White House.

...

and all the GOP has to sell is doom and gloom as the skies brighten?

 

[EdwardBaiamonte]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor

National Monitor, Staff | January 05, 2013

The latest unemployment report is out and the Obama administration can chalk up another victory in the fight against rising unemployment in the U.S.

According to the latest unemployment report released by the U.S. Bureau of Labor Statistics, nonfarm payroll employment rose by 155,000 in December, leaving the unemployment rate unchanged at 7.8 percent. Employment increased in health care, food services and drinking places, construction, and manufacturing, according to the agency, and will likely be welcomed by congressional Democrats and the White House.

...

and all the GOP has to sell is doom and gloom as the skies brighten?

we all know that Barry is an anti-business socialist who cant possibly help the economy! Can any liberal name even one thing that a liberal would do to help the economy??????????

 

[ShaklesOfBigGov]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor

National Monitor, Staff | January 05, 2013

The latest unemployment report is out and the Obama administration can chalk up another victory in the fight against rising unemployment in the U.S.

According to the latest unemployment report released by the U.S. Bureau of Labor Statistics, nonfarm payroll employment rose by 155,000 in December, leaving the unemployment rate unchanged at 7.8 percent. Employment increased in health care, food services and drinking places, construction, and manufacturing, according to the agency, and will likely be welcomed by congressional Democrats and the White House.

...

and all the GOP has to sell is doom and gloom as the skies brighten?

Employed:
October 2012 -- 143,328
November 2012 -- 143,277
December 2012 -- 143,305

Dropping Out Of Labor Force
October 2012 -- 88,407
November 2012 -- 88,855
December 2012 -- 88,839

www.bls.gov/news/release/empsit.a.htm

Doesn't speak all that well for Obama's economy, when you include ALL the important details.

 

[Rshermr]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor

National Monitor, Staff | January 05, 2013

The latest unemployment report is out and the Obama administration can chalk up another victory in the fight against rising unemployment in the U.S.

According to the latest unemployment report released by the U.S. Bureau of Labor Statistics, nonfarm payroll employment rose by 155,000 in December, leaving the unemployment rate unchanged at 7.8 percent. Employment increased in health care, food services and drinking places, construction, and manufacturing, according to the agency, and will likely be welcomed by congressional Democrats and the White House.

...

and all the GOP has to sell is doom and gloom as the skies brighten?

Employed:
October 2012 -- 143,328
November 2012 -- 143,277
December 2012 -- 143,305

Dropping Out Of Labor Force
October 2012 -- 88,407
November 2012 -- 88,855
December 2012 -- 88,839

www.bls.gov/news/release/empsit.a.htm

Doesn't speak all that well for Obama's economy, when you include ALL the important details.

What that does not speak well of is your honesty. Your link does not work, by the way. No proof there for your numbers. So, here are the actual jobs added numbers:

jobs added:
October 2012 -- 137,000
November 2012 -- 161,000
December 2012 -- 155,000
Bureau of Labor Statistics Data

Now, the numbers leaving the workforce may be correct, old con. Or maybe not. But, and here is the thing that proves you like to lie, the above numbers are NET. That is, the above numbers include both jobs added and those jobs that went away. Oh, and by the way, my link works.

 

[pinqy]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor

National Monitor, Staff | January 05, 2013

The latest unemployment report is out and the Obama administration can chalk up another victory in the fight against rising unemployment in the U.S.

According to the latest unemployment report released by the U.S. Bureau of Labor Statistics, nonfarm payroll employment rose by 155,000 in December, leaving the unemployment rate unchanged at 7.8 percent. Employment increased in health care, food services and drinking places, construction, and manufacturing, according to the agency, and will likely be welcomed by congressional Democrats and the White House.

...

and all the GOP has to sell is doom and gloom as the skies brighten?

Employed:
October 2012 -- 143,328
November 2012 -- 143,277
December 2012 -- 143,305

Dropping Out Of Labor Force
October 2012 -- 88,407
November 2012 -- 88,855
December 2012 -- 88,839

www.bls.gov/news/release/empsit.a.htm

Doesn't speak all that well for Obama's economy, when you include ALL the important details.

Again, people shouldn't post things they don't understand.
The numbers you posted for "dropping out of Labor Force" are NOT people dropping out, just total people not in the Labor Force. And about 92% of them say they don't want to work. (Table A-1 subtract "persons who currently want a job" from not in the labor force and take that as a percent of the labor force)Over half of those Not in the Labor Force are over 65 or disabled (or both). (Table A-6)
Then we have 16.4% of not in the labor force are students age 16-24 (derived from Table A-16)and 27.6 are married women living with their spouse (some overlap there with disabled, over 65 and students derived from Data retriever).

And even of those who "dropped out" (which includes retirees and people going back to school etc) who stopped looking...most were for personal reasons, not labor market...child care issues, school, family emergencies etc.

 

[Rshermr]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor


and all the GOP has to sell is doom and gloom as the skies brighten?

Employed:
October 2012 -- 143,328
November 2012 -- 143,277
December 2012 -- 143,305

Dropping Out Of Labor Force
October 2012 -- 88,407
November 2012 -- 88,855
December 2012 -- 88,839

www.bls.gov/news/release/empsit.a.htm

Doesn't speak all that well for Obama's economy, when you include ALL the important details.

Again, people shouldn't post things they don't understand.
The numbers you posted for "dropping out of Labor Force" are NOT people dropping out, just total people not in the Labor Force. And about 92% of them say they don't want to work. (Table A-1 subtract "persons who currently want a job" from not in the labor force and take that as a percent of the labor force)Over half of those Not in the Labor Force are over 65 or disabled (or both). (Table A-6)
Then we have 16.4% of not in the labor force are students age 16-24 (derived from Table A-16)and 27.6 are married women living with their spouse (some overlap there with disabled, over 65 and students derived from Data retriever).

And even of those who "dropped out" (which includes retirees and people going back to school etc) who stopped looking...most were for personal reasons, not labor market...child care issues, school, family emergencies etc.

Nice post. Clear and concise response.

there is much too much playing with the numbers on this board. so while you stay with the numbers, I find the reasons for the misquoting of data more interesting. thanks for your nice rational look at the misquoted numbers. Really helps clear out the fog.

 

[pinqy]

Employed:
October 2012 -- 143,328
November 2012 -- 143,277
December 2012 -- 143,305

Dropping Out Of Labor Force
October 2012 -- 88,407
November 2012 -- 88,855
December 2012 -- 88,839

www.bls.gov/news/release/empsit.a.htm

Doesn't speak all that well for Obama's economy, when you include ALL the important details.

Again, people shouldn't post things they don't understand.
The numbers you posted for "dropping out of Labor Force" are NOT people dropping out, just total people not in the Labor Force. And about 92% of them say they don't want to work. (Table A-1 subtract "persons who currently want a job" from not in the labor force and take that as a percent of the labor force)Over half of those Not in the Labor Force are over 65 or disabled (or both). (Table A-6)
Then we have 16.4% of not in the labor force are students age 16-24 (derived from Table A-16)and 27.6 are married women living with their spouse (some overlap there with disabled, over 65 and students derived from Data retriever).

And even of those who "dropped out" (which includes retirees and people going back to school etc) who stopped looking...most were for personal reasons, not labor market...child care issues, school, family emergencies etc.

Nice post. Clear and concise response.

there is much too much playing with the numbers on this board. so while you stay with the numbers, I find the reasons for the misquoting of data more interesting. thanks for your nice rational look at the misquoted numbers. Really helps clear out the fog.

I honestly believe that most of the mis-attribution of numbers is just lack of knoweldge and not intentional. Many of the mainstream news outlets also get it wrong and then there are the dubious sites like zerhedge.com and shadowstats.com which can easily fool those without actual economics knowledge.

I don't think Shakles purposefully misrepresented the numbers, I'm extremely confident that either he just misunderstood them or some other site he read mis-stated what they mean.

 

[Procrustes Stretched]

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues

I just love the headline.

Conservatives would have us think with Obama in office this is bad news, but we all know if Romney/Ryan had won they'd be celebrating this.

Obama scores another victory: Unemployment rate falls to 7.8 percent, hiring continues | National Monitor

National Monitor, Staff | January 05, 2013

The latest unemployment report is out and the Obama administration can chalk up another victory in the fight against rising unemployment in the U.S.

According to the latest unemployment report released by the U.S. Bureau of Labor Statistics, nonfarm payroll employment rose by 155,000 in December, leaving the unemployment rate unchanged at 7.8 percent. Employment increased in health care, food services and drinking places, construction, and manufacturing, according to the agency, and will likely be welcomed by congressional Democrats and the White House.

...

and all the GOP has to sell is doom and gloom as the skies brighten?

It's getting better all the time...

 

[EdwardBaiamonte]

it took decades to get us here, it will take more than 4 years to get back to where we want to be

actually it would take months with Repubican capitalist/libertarian programs. Waiting for libturd soviet programs to work caused the Great Depression to last for 10 years and caused WW2. We are repeating history.

 

[Procrustes Stretched]

it took decades to get us here, it will take more than 4 years to get back to where we want to be

actually it would take months with Repubican capitalist/libertarian programs. Waiting for libturd soviet programs to work caused the Great Depression to last for 10 years and caused WW2. We are repeating history.

 

[Stephanie]

and all the GOP has to sell is doom and gloom

Well come on gop, you aren't suppose to be so gloomy, we have had almost 8% unemployment for over four years, gas prices have been over 3dollars a gallon for four years, we are in dept and moving that onto not only our children, grandchildren, but now our great children, we have record number of people on welfare, our credit rating was downgraded, we had a Monster Government program shoved on us (ObamaTaxCare) we can't afford to pay for, uh, did I forget all the jump for joy stuff we are suppose to screaming about?

 

[EdwardBaiamonte]

it took decades to get us here, it will take more than 4 years to get back to where we want to be

actually it would take months with Repubican capitalist/libertarian programs. Waiting for libturd soviet programs to work caused the Great Depression to last for 10 years and caused WW2. We are repeating history.

if not true of course the liberal would not be so afraid to say why. What does your fear tell us about the liberal IQ and character?

 

[Two Thumbs]

U.S. National Debt Clock : Real Time

22.3 million jobless Americans.

and the left cheers

No, dipshit. 22 n unemployed and the repubs block all legislation out of the houise and filibuster anything that gets to the senate. And please, dipshit, what should a pres do at that point. McConnell was happy, until the pres go reelected. And cons are like pigs in shit. They love the bad numbers.
Dipshit.

what a child

reps control one branch of government.

the dems have fucked the country for fun.

but hey, 22 million people on UE, but obama created 200 million jobs.

 

[Katzndogz]

If obama could shift everyone who is unemployed to some type of public benefit, he could reach an unemployment rate of zero.

 

[pinqy]

but hey, 22 million people on UE, but obama created 200 million jobs.

Let me repeat myself since you apparantly didn't read the whole thread:
Post #54

Please at least attempt to know what you're talking about before posting numbers.
That 22.3 million is the numerator for the U6 measure of underutilization (not unemployment). 12.26 unemployed, 2.6 million Marginally Attached who looked for work in the last year but are not looking now (mostly stopped for personal reasons), and 7.9 million people working part time (mostly due to cut hours) when they prefer full time.

Oh and if by "on UE" you meant receiving benefits, that number is 5,402,987 as of the week of December 15th, 2012.

As for job creation under Obama: When he took office in January 2009, there were 133,561,000 non farm payroll jobs (110,985,000 private sector). That dropped to 129,244,000 (106,773,000 private sector) in February 2010, and since then has risen to 134,021,000 (112,096,000 private sector) as of December 2012 (subject to 2 revisions).
That's a net change of 460,000 total non farm jobs (1.1 million private sector, meaning loss of 651,000 govt jobs) since he took office.

Of course, Mr. Obama prefers to measure it since the low point, which is +4.8 million total non-farm jobs, and really prefers to only cite the net change in private sector non-farm jobs: +5.3 million.

 

[Rshermr]

U.S. National Debt Clock : Real Time

22.3 million jobless Americans.

and the left cheers

No, dipshit. 22 n unemployed and the repubs block all legislation out of the houise and filibuster anything that gets to the senate. And please, dipshit, what should a pres do at that point. McConnell was happy, until the pres go reelected. And cons are like pigs in shit. They love the bad numbers.
Dipshit.

what a child

reps control one branch of government.

the dems have fucked the country for fun.

but hey, 22 million people on UE, but obama created 200 million jobs.

Yes, they have a majority in one house, the senate. The Repubs own the house.

However, the dems do not have a FILIBUSTER PROOF MAJORITY IN THE SENATE. And the repubs have filibustered every single jobs bill or part thereof. All of them. Record number of filibusters in a four year period. Higher than any 8 year period by a long, long ways. And, of course, the house brings NO jobs bill to the senate.

Get it yet? The us population does. Which is why a pres with a high UE rate was reelected.

And perhaps you would like to show us where you got the 22 million on unemployment? Didn't think so. Tool.