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August Employment Report: Unemployment- 9.6%, Minus 54,000 jobs.
http://www.cnbc.com/ ^

Posted on 09/03/2010 5:37:58 AM PDT by Red in Blue PA

Per CNBC TV.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: bhoeconomy; jobless; obama; obummer; recovery; summer; unemployment
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1 posted on 09/03/2010 5:38:03 AM PDT by Red in Blue PA
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To: Red in Blue PA

Sumer of Recovery! /heavy s


2 posted on 09/03/2010 5:39:03 AM PDT by Road Warrior 04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Red in Blue PA

Personally, I believe this is all Bravo Sierra. How can so many be losing their jobs each week and the unemployment rate stays at 9.6%?

Don’t believe it for a second.


3 posted on 09/03/2010 5:39:09 AM PDT by Red in Blue PA (Anti-Gunners suffer from Factose Intolerance)
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To: Bushbacker1

Sumer = Summer


4 posted on 09/03/2010 5:39:31 AM PDT by Road Warrior 04 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Red in Blue PA

But was it Unexpected?


5 posted on 09/03/2010 5:40:27 AM PDT by ozark hilljilly (Had enough, yet?)
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To: Red in Blue PA

U6=16.7%

Ticked up.


6 posted on 09/03/2010 5:41:04 AM PDT by Red in Blue PA (Anti-Gunners suffer from Factose Intolerance)
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To: Red in Blue PA

This will be spun as positive by the MSM.


7 posted on 09/03/2010 5:42:17 AM PDT by Rational Thought
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To: Red in Blue PA

To bad it isn’t the Sumter of love....


8 posted on 09/03/2010 5:42:30 AM PDT by central_va (I won't be reconstructed, and I do not give a damn.)
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To: Red in Blue PA

...but just think how much worse it would be without Obama!


9 posted on 09/03/2010 5:43:02 AM PDT by massmike (...So this is what happens when OJ's jury elects the president....)
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To: Red in Blue PA

Aren’t these revisions getting really squirrely? There’s something really hinky about these numbers.


10 posted on 09/03/2010 5:43:09 AM PDT by mewzilla (Still voteless in NY-29. Over 400 roll call votes missed and counting...)
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To: Red in Blue PA

Stock futures are through the roof and climbing...


11 posted on 09/03/2010 5:43:51 AM PDT by The Magical Mischief Tour
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To: All

Waiting for the media spin but only when a democrat is president is losing jobs good news..


12 posted on 09/03/2010 5:44:23 AM PDT by newnhdad (The longest of journeys begins with one step.)
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To: Red in Blue PA

It was 9.5, wasn’t it? It did get worse.


13 posted on 09/03/2010 5:44:30 AM PDT by DadOfFive ("Miss me yet?")
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To: The Magical Mischief Tour

That would be the November 2 rally. Anticipating a cleanup in Congress.


14 posted on 09/03/2010 5:45:09 AM PDT by Chaguito
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To: Red in Blue PA

It didn’t stay at 9.6%. It was 9.5%.


15 posted on 09/03/2010 5:45:34 AM PDT by 101voodoo
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To: ozark hilljilly

“But was it Unexpected?”

I got a 40oz on stand-by, waiting for a consensus.


16 posted on 09/03/2010 5:45:45 AM PDT by VanDeKoik (Iran doesnt have a 2nd admendment. Ya see how that turned out?)
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To: DadOfFive

Actually yes, I shopuld have clarified.....I had thought it would go up more than expected.

An increase of just .1% when the numbers are close to 500,000 each week makes no sense to me. I never trusted govt less than I do now.


17 posted on 09/03/2010 5:45:49 AM PDT by Red in Blue PA (Anti-Gunners suffer from Factose Intolerance)
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To: Red in Blue PA

Folks....at least 2010 is the as bad as 2004...after all, THAT was the WORST economy since the great depression...

pure sarc//


18 posted on 09/03/2010 5:48:00 AM PDT by Le Chien Rouge
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To: Red in Blue PA

Time for the CNBC charlatan drinking game...
Take a sip if an on-air personality says
1) Unemployment is a lagging indicator
2) This just means that discouraged workers are rejoining the labor force
3) better than expected

2 sips if...
1) Republicans are holding up job creation
2) corporate E/S are up and hiring will soon follow

3 sips if...
1) No double dip

whole bottle if...
1) Entire Obama economic team needs to be fired.


19 posted on 09/03/2010 5:48:03 AM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: newnhdad

Doing their part.....The CNBC cheerleaders are currently performing.


20 posted on 09/03/2010 5:48:16 AM PDT by Rational Thought
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