Unemployment rate dropped to 8.3 percent, the lowest since February 2009

Discussion in 'Politics' started by Political Junky, Feb 3, 2012.

  1. Political Junky
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    Political Junky Gold Member

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    Feb. 3 (Bloomberg) -- The U.S. jobless rate unexpectedly fell in January to the lowest in three years as payrolls climbed more than forecast, casting doubt on the Federal Reserve's plan to keep interest rates low until late 2014.

    The unemployment rate dropped to 8.3 percent, the lowest since February 2009. The 243,000 increase in jobs was the biggest in nine months and exceeded all forecasts in a Bloomberg News survey, Labor Department figures showed today in Washington. Service industries grew by the most in a year, according to a separate report.

    Read more: Payrolls Jump in U.S. Casts Doubt on Fed Rate Pledge: Economy
     
  2. SFC Ollie
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    SFC Ollie Still Marching

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    There has been an aweful lot of "unexpectedly" and "exceeding forecasts" this past year.

    Not that I believe Washington or anything...................
     
  3. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Funny, I saw on yahoo yesterday it had inched back up after the temporary holiday hiring..

    Who to believe...It's STILL TOO FRIGGEN HIGH, 8.3 is nothing to celebrate.
     
  4. Political Junky
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    Political Junky Gold Member

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    More jobs created under Obama in three years than under Bush's eight years.
     
  5. SFC Ollie
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    SFC Ollie Still Marching

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    Net?
     
  6. Stephanie
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    Stephanie Diamond Member Supporting Member

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    LOL, yeah right...that is why unemployment is still so high..those magic jobs nobody seem to be able to find.

    You Obamabot have to live in some fairy tale I guess/
     
    Last edited: Feb 3, 2012
  7. Political Junky
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    Political Junky Gold Member

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    God knows the GOP has done everything they could to prevent any improvement under Obama.
     
  8. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Yeah, they are the ones who put the stop on a pipeline from Canada..Oh that's right Obama did that, so who is PREVENTING any improvement..
     
  9. SFC Ollie
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    SFC Ollie Still Marching

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    Is that why every time the House passed a jobs bill this past year that the Senate wouldn't even bring it to the floor?
     
  10. SFC Ollie
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    SFC Ollie Still Marching

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    Yes please lets run on the debt.......... How much has Obama added in 3 years? 35% or somewhere right in there? In only 3 years..... Wow, what could he do with 8 years????
     

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