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(USA Today)   7.7%   (usatoday.com ) divider line 21
    More: Cool, San Rafael, employers added, consensus forecasts, radio transmissions  
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5713 clicks; posted to Politics » on 08 Mar 2013 at 10:21 AM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-08 10:40:15 AM  
2 votes:
Comparing unemployment rate fluctuation between President Bush and President Obama.

Bush
01/20/2001: 4.2%
01/20/2009: 7.8%
Unemployment Rate Change: 85.71% increase

Obama
01/20/2009: 7.8%
Currently: 7.7%
Unemployment Rate Change: 1.28% decrease


Comparing unemployment rate fluctuation when their budgets first took place

Bush
01/01/2002: 5.7%
12/31/2009: 9.9%
Unemployment Rate Change: 73.68% increase

Obama
01/01/2010: 9.9%
Currently: 7.7%
Unemployment Rate Change: 22.22% decrease
2013-03-08 10:30:24 AM  
2 votes:

MyRandomName: The horror of sequestration in action.


I wish Republicans understood the economy and lagging indicators.
2013-03-08 10:28:31 AM  
2 votes:
i.imgur.com

6.35M private sector jobs in the last three years. 36 straight months of private sector job growth. More stimulus please.
2013-03-08 10:25:54 AM  
2 votes:

Unemployment rate: Men (7.1), women (7), Teenagers (25.1), white (6.8), black (13.8), Asian (6.1) Hispanic (9.6)

- Zachary A. Goldfarb (@Goldfarb) March 8, 2013

College graduates have an unemployment rate of 3.8 percent. High school graduates have an unemployment rate of 7.9 percent.

- Zachary A. Goldfarb (@Goldfarb) March 8, 2013

There is a massive gap in the unemployment rate between those who attended college -- 6.7% -- and those who finished it -- 3.8%.

- Zachary A. Goldfarb (@Goldfarb) March 8, 2013
2013-03-08 09:12:53 AM  
2 votes:
Up voting.  U6 dropped also so the haters got nowhere to run.
2013-03-08 11:23:58 AM  
1 vote:

cameroncrazy1984: The BLS is just massaging the numbers to get Obama re-elected, obviously

Hey, didn't we raise taxes in January? What happened to all the job losses? Why didn't the sky fall like the GOP said it would?


Because rich people don't "create jobs" in bad times. They only do so in good times, when we don't need the as much. In bad times, they hoard and hide their money.
2013-03-08 11:22:02 AM  
1 vote:
These jobs numbers have nothing to do with the sequester, which was signed to law on March 1. I love how after one week, the media portrays the sequester as having no impact, if not a positive impact on the economy. I'm a fed and my program is being cut as a result of the sequester (a decision I respect). We're still in the process of notifying our contractors officially that our contract is being terminated. While I won't be furloughed or laid off, those who will should receive a 30-day advance notification. The impact from the sequester is not immediate, much like an individual does not have to move under a bridge the day he is let go from his job.
2013-03-08 11:02:08 AM  
1 vote:
We get it, he's black.
2013-03-08 11:00:14 AM  
1 vote:

LargeCanine: coeyagi: LargeCanine: 7.7% is slightly less terrible. Certainly nothing to brag about.

Maybe this summer will be the "summer of recovery" that we have been promised for 4 years.

Lowest tax rates in U.S. history.  When exactly are the Job Creators going to give us that Golden Laffer Shower?

Hey, wait, I thought the Sequester was supposed to be a disaster and cost jobs or something. So, its not now?


In the event you're NOT a troll, shill, or imbecile.

This is data from February.

Sequester didn't start until March.

Do you understand how time works?
2013-03-08 10:55:33 AM  
1 vote:

o5iiawah: The economy needs around 80,000 jobs per month just to replace jobs lost when people retire.  Looks to me like we are spending more and more to get the same rats-ass-hair-above-baseline numbers we've had for the last 5 years.


Do you think that when someone retires his/her job just vanishes?
2013-03-08 10:51:32 AM  
1 vote:
This is the Herbert Hoover recovery. I knew it would happen eventually.
2013-03-08 10:50:06 AM  
1 vote:
www.washingtonpost.com


Worst Free Market hating SHOOSHULIST EVAH!!!!
2013-03-08 10:41:28 AM  
1 vote:

Four years ago, we had 22.6 million government jobs. Now it's 21.8 million. We've cut 740,000 government jobs. data.bls.gov/timeseries/CES...

- Keith Boykin (@keithboykin) March 8, 2013


Socialism!
2013-03-08 10:37:09 AM  
1 vote:

Dusk-You-n-Me: [i.imgur.com image 520x400]

6.35M private sector jobs in the last three years. 36 straight months of private sector job growth. More stimulus please.


The economy needs around 80,000 jobs per month just to replace jobs lost when people retire.  Looks to me like we are spending more and more to get the same rats-ass-hair-above-baseline numbers we've had for the last 5 years.
2013-03-08 10:35:29 AM  
1 vote:

Granny_Panties: Do you know what's really sad? If Romney would have won, he would be taking full credit for this. Yet Obama was responsible for job losses in 2008.


This was a big worry of mine. Had Romney won, conservative would have received the credit for an inevitable recovery and would have done great, underserved damage to the reputation of liberalism.
2013-03-08 10:31:48 AM  
1 vote:

Dusk-You-n-Me: [i.imgur.com image 520x400]

6.35M private sector jobs in the last three years. 36 straight months of private sector job growth. More stimulus please.


Now imagine what the rate would have been if we hadn't cut so much public sector payroll...
2013-03-08 10:25:27 AM  
1 vote:
See, all those Republican job creation bills are working.
2013-03-08 10:18:03 AM  
1 vote:
Under a tax cutter (Bush) the unemployment went from 4.2% to 7.8%.

Under a tax raiser, unemployment went from 7.8% to 7.7%

Conclusion: raising taxes destroys jobs and cutting taxes creates jobs.
2013-03-08 09:59:26 AM  
1 vote:
we'll see how things go over the course of the year when jobs start drying up from the sequester.
2013-03-08 09:27:40 AM  
1 vote:
This doesn't count all the people who quit their jobs and killed themselves and their entire families because of Obama's anti-business regs.
2013-03-08 09:05:16 AM  
1 vote:
Thanks Obama.
 
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