Unemployment Rate Rises In August For First Time In 4 Months As Labor Force Expands

Tom Clancy

Clancy for Ron Paul
May 23, 2009
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Unemployment Rate Rises In August For First Time In 4 Months As Labor Force Expands


WASHINGTON (AP) -- Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose in August for the first time in four months as more people entered the market looking for work.

Companies added a net total of 67,000 new jobs last month and both July and June's private-sector job figures were upwardly revised, the Labor Department said Friday.

Stocks surged after the report's release. The Dow Jones industrial average rose more than 120 points in the first hour of trading and broader indexes were all up.

While the report hardly suggests the economy is out of danger, it's a reassuring sign after weeks of troubling data and comes after some encouraging economic figures in the past week.

Scott Brown, an economist at Raymond James, said he sees no sign of the country slipping back into recession.
 
The recovery is happening even if it pains some Americans to admitt it.
 
Unemployment rose to 9.6% and the recovery is happening. I suppose when we get to 12% we can say we've recovered. I got it finally. Yay for me. :eusa_whistle::eusa_whistle:
 
It's like Global Warming "science" where any change in temperature up or down can only mean Global Warming.

Unemployment down = recovery
Unemployment up = recovery.

See how easy that is?
 
We need to add 130K+ jobs per month just to keep up with population growth. It's not a recovery until GDP growth exceeds 3% by a meaningful margin, and we generate jobs in excess of population growth to a meaningful amount.

This report is spin. Recovery Summer has resulted in net loss in excess of 250,000 jobs.

IOW: Obamanomics is an Epic Fail.
 
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It's like Global Warming "science" where any change in temperature up or down can only mean Global Warming.

Unemployment down = recovery
Unemployment up = recovery.

See how easy that is?

it's really hard to keep up innit? lessee unemployment up, recovering nicely. :eusa_whistle:
 
Spin ????

what an idiot you are.

improving numbers is a recovery on the way.

Facts are NOT spin you fucking fool
 
It's like Global Warming "science" where any change in temperature up or down can only mean Global Warming.

Unemployment down = recovery
Unemployment up = recovery.

See how easy that is?

it's really hard to keep up innit? lessee unemployment up, recovering nicely. :eusa_whistle:

There is this thing called seasonal employment.

You see the summers end has ALWAYS meant the end of summer employment.
 
See these unemployed people, the didn't work in Green jobs. The economy is ridding itself of these troglodytes to make way for Green Jobs and Czars.
 
That summer of recovery flew right by!

So how did everyone else make out with the savings from switching to ObamaCare?
 
There are cycles in the economy folks and they dont cease to exisit for your poltical pleasure
 
The recovery is happening even if it pains some Americans to admitt it.
Double_Facepalm_by_ScotlandForLife.jpg
 
The recovery is happening even if it pains some Americans to admitt it.

This is too gosh darn funny.....the left will never be truthful in matters of this president's failure to date...


The Summer of recovery has come and gone and the left still calls it a resounding success....
Wow......:clap2: gotta hand it ya lefties....you are so caught up in Obama mania you will not be truthful one little bit....:clap2::clap2::clap2:
 
More people and fewer jobs.

It doesn't take a rocket scientist to figure out that math.

Welcome to the 21st century where 10% unemployment is the new norm.
 

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