Obamanomics: Unemployment Rate Drops To 5.9% – But Labor Participation Rate At 36 Year Low

[Stephanie]

sheeesh, the AP. is now a mouth piece for the DNC. here's their press release for Obama.
how just amazing is it. first gas prices now unemployment drops...RIGHT BEFORE ELECTIONS?

SNIP:
The US unemployment rate dropped to 5.9% in September.
The real unemployment rate is near 12%.
The labor participation rate dropped to a 36 year low.
A record 92.6 Million Americans are not in labor force.

(Zero Hedge)

THe AP reported:
U.S. employers added 248,000 jobs in September, a burst of hiring that helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
The Labor Department report Friday also showed that employers added a combined 69,000 more jobs in July and August than the government had previously estimated.
The unemployment rate fell from 6.1 percent in August and is now close to 5.5 percent, which many economists consider a healthy level. The lower rate, combined with the surge in hiring, could ratchet up pressure on the Federal Reserve to raise its benchmark interest rate earlier than expected. Most economists have predicted that the Fed would start raising rates in mid-2015.
The improved figures come after President Barack Obama touted his administration’s economic achievements in a speech Thursday.

Zero Hedge added: “So the next time Obama asks you if you are better off now than 6 years ago show him this chart of the employment to population ratio: it speaks volumes.”

YOU WANT THE REAL FACTS GO HERE:
Obamanomics Unemployment Rate Drops to 5.9 8211 But Labor Participation Rate at 36 Year Low The Gateway Pundit

 

[Mr. H.]

Democrat-controlled statistics are masking the true nature of this abysmal economy.
Real facts are lost on these boobs.

 

[mudwhistle]

Not too much longer and we'll be back in Bush country again.

The economy is really fucking good now.

Trust me.

 

[mudwhistle]

Democrat-controlled statistics are masking the true nature of this abysmal economy.
Real facts are lost on these boobs.

Once we get someone in there that isn't lying, the shit is gonna hit the fan.

 

[LoneLaugher]

Great thread!

 

[EconChick]

LOL, it's fun watching libs shit their pants when you put their little spin statistic into proper perspective. LOL

 

[LoneLaugher]

2014 The Best Year for Job Creation This Century - The Atlantic

If we can raise that minimum wage we'd really throw this economy into a higher gear. Who is in favor of putting this economy into a higher gear?

 

[EconChick]

2014 The Best Year for Job Creation This Century - The Atlantic

If we can raise that minimum wage we'd really throw this economy into a higher gear. Who is in favor of putting this economy into a higher gear?

Who's in favor of telling libs to stop manipulating the stats?????????

 

[fbj]

Yup, they don't reveal the real story. Just hoping someone half retarded believes what they are saying

 

[EconChick]

YEP, bigger underlying story, Steph!

 

[NYcarbineer]

The jobs are overseas now. All you free trade conservatives got what you wished for.

 

[bigrebnc1775]

The jobs are overseas now. All you free trade conservatives got what you wished for.

Free trade? That was Clinton signature dumb ass.

 

[NYcarbineer]

The jobs are overseas now. All you free trade conservatives got what you wished for.

Free trade? That was Clinton signature dumb ass.

Which is why I never voted for him. More Republicans voted with Clinton on NAFTA than did Democrats.

 

[edthecynic]

The jobs are overseas now. All you free trade conservatives got what you wished for.

Free trade? That was Clinton signature dumb ass.

Which is why I never voted for him. More Republicans voted with Clinton on NAFTA than did Democrats.

Rush's Qualifications for President
January 2, 2008

RUSH: What about NAFTA? When Bill Clinton signed NAFTA and his wife, Hillary was against it, somebody changed his mind. Who do you think did that? Remember Algore in the debate with Ross Perot, cited me as a distinguished American in favor of NAFTA.

 

[NYcarbineer]

The jobs are overseas now. All you free trade conservatives got what you wished for.

Free trade? That was Clinton signature dumb ass.

Which is why I never voted for him. More Republicans voted with Clinton on NAFTA than did Democrats.

Rush's Qualifications for President
January 2, 2008

RUSH: What about NAFTA? When Bill Clinton signed NAFTA and his wife, Hillary was against it, somebody changed his mind. Who do you think did that? Remember Algore in the debate with Ross Perot, cited me as a distinguished American in favor of NAFTA.

I remember Limbaugh saying at the time that Americans shouldn't worry about free trade costing jobs because the only jobs that would go to places like Mexico were jobs that Americans didn't want.

Yes, that is how stupid Limbaugh was, is, and always will be.

 

[edthecynic]

Zero Hedge added: “So the next time Obama asks you if you are better off now than 6 years ago show him this chart of the employment to population ratio: it speaks volumes.”

It sure does speak volumes, volumes about the worthlessness of the zeros at Zero Hedge. The LPR is a lousy economic indicator because it can be distorted by demographics as well as economic conditions. The LPR is down now and will remain down for another 15 years due to demographics, and Zero Hedge knows it, but the employment picture is so good compared to what Bush left behind, the Right has nothing else and they know their fellow travelers and useless idiots are too stupid to know better.

 

[bigrebnc1775]

The jobs are overseas now. All you free trade conservatives got what you wished for.

Free trade? That was Clinton signature dumb ass.

Which is why I never voted for him. More Republicans voted with Clinton on NAFTA than did Democrats.

You are a lying sack of shit. Did you vote for Bush?

 

[guno]

sheeesh, the AP. is now a mouth piece for the DNC. here's their press release for Obama.
how just amazing is it. first gas prices now unemployment drops...RIGHT BEFORE ELECTIONS?

SNIP:
The US unemployment rate dropped to 5.9% in September.
The real unemployment rate is near 12%.
The labor participation rate dropped to a 36 year low.
A record 92.6 Million Americans are not in labor force.

(Zero Hedge)

THe AP reported:
U.S. employers added 248,000 jobs in September, a burst of hiring that helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
The Labor Department report Friday also showed that employers added a combined 69,000 more jobs in July and August than the government had previously estimated.
The unemployment rate fell from 6.1 percent in August and is now close to 5.5 percent, which many economists consider a healthy level. The lower rate, combined with the surge in hiring, could ratchet up pressure on the Federal Reserve to raise its benchmark interest rate earlier than expected. Most economists have predicted that the Fed would start raising rates in mid-2015.
The improved figures come after President Barack Obama touted his administration’s economic achievements in a speech Thursday.

Zero Hedge added: “So the next time Obama asks you if you are better off now than 6 years ago show him this chart of the employment to population ratio: it speaks volumes.”

YOU WANT THE REAL FACTS GO HERE:
Obamanomics Unemployment Rate Drops to 5.9 8211 But Labor Participation Rate at 36 Year Low The Gateway Pundit

Maybe if you and your fellow bible thumping trailer dwellers get a job instead of sitting in your trailer parks eating government cheese an giving your welfare checks to TV preachers

 

[Stephanie]

sheeesh, the AP. is now a mouth piece for the DNC. here's their press release for Obama.
how just amazing is it. first gas prices now unemployment drops...RIGHT BEFORE ELECTIONS?

SNIP:
The US unemployment rate dropped to 5.9% in September.
The real unemployment rate is near 12%.
The labor participation rate dropped to a 36 year low.
A record 92.6 Million Americans are not in labor force.

(Zero Hedge)

THe AP reported:
U.S. employers added 248,000 jobs in September, a burst of hiring that helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
The Labor Department report Friday also showed that employers added a combined 69,000 more jobs in July and August than the government had previously estimated.
The unemployment rate fell from 6.1 percent in August and is now close to 5.5 percent, which many economists consider a healthy level. The lower rate, combined with the surge in hiring, could ratchet up pressure on the Federal Reserve to raise its benchmark interest rate earlier than expected. Most economists have predicted that the Fed would start raising rates in mid-2015.
The improved figures come after President Barack Obama touted his administration’s economic achievements in a speech Thursday.

Zero Hedge added: “So the next time Obama asks you if you are better off now than 6 years ago show him this chart of the employment to population ratio: it speaks volumes.”

YOU WANT THE REAL FACTS GO HERE:
Obamanomics Unemployment Rate Drops to 5.9 8211 But Labor Participation Rate at 36 Year Low The Gateway Pundit

Maybe if you and your fellow bible thumping trailer dwellers get a job instead of sitting in your trailer parks eating government cheese an giving your welfare checks to TV preachers

you're such an ugly human being. must be a miserable life

 

[NYcarbineer]

The jobs are overseas now. All you free trade conservatives got what you wished for.

Free trade? That was Clinton signature dumb ass.

Which is why I never voted for him. More Republicans voted with Clinton on NAFTA than did Democrats.

You are a lying sack of shit. Did you vote for Bush?

I voted for Perot, retard.