Hope & Change!
A bar chart showing the monthly US unemployment rate since Aug 2008. US unemployment climbed to 9.7 percent last month as 216,000 jobs were lost, according to official data Friday highlighting fragile labor conditions as the economy struggles to emerge from recession. (AFP/Graphic/Laurence Saubadu)
Less bad is the new good.
Less bad is the new good.
Less bad is the new good.
Less bad is the new good.
Less bad is the new good.
In a month, they will revise the figures up by 20,000.
Jobs losses are actually worse than expected -- but they won't write the article quite that way next month.
Really !
As we have lost a significant number already, consider this:
100 is 10% of 1000.
But as the 1000 number decreases month after month, the 1000 becomes 950 and so 10% of that will be 95. Is that a savings of is the total pool coming down so as to have the numbers ‘seem’ to come down?
Wow, Obama saved us another 10,000 jobs!!!! What a guy.
Why is the stock market going up? What is the latest comspiracy theory to explain this?
“When federal emergency programs are included, the total number of jobless benefit recipients was 9.16 million people in the week that ended Aug. 22, up from 9.14 million in the previous week. Congress has added up to 53 extra weeks of benefits on top of the 26 typically provided by the states.”
THAT IS THE REAL number to worry about. Long term unemployment is rising rapidly. An increase in long term unemployment of 200k in one week! Extend that over 52 weeks and you have another 10 MILLION people unemployed.
As much as Obama and his Labor Dept try to massage the numbers, 550k weekly claims will continue to translate into much higher unemployment numbers down the road.
The only way they are keeping the overall unemployment number down is to drop people they claim ‘have stopped looking for work’. Even the Messiah can’t cover this up for much longer.
New-speak, double-speak, lies, spin, distortion, misrepresentation, deceit, deception, whatever. Emperor Zero has no clothes.
Geithner is on TV right now and there’s a gal with a sign behind him that says Where did the $ go and We need jobs, LOL!
Good news: The recession has ended.
Bad news: The Depression has begun.
An absolute pack of BS lies, this article is. There is that “expectations” word again. This would be considered a losing month by anybody.
Is that spin or what? Over half a million people lost their jobs, but this is good news.
May I steal a line??
Less bad is the new good...(repeat ad infinitum)
Obama says he's saved or created 1,000,000 jobs.
Obama, you lie!
you watch in a few weeks on a friday afternoon there will be a revised number that shows it actually went up.
When you “stick” a hog the blood gushes like a water hose at first and then it slows until it becomes a trickle. I suppose the slowing of blood flow must be “a sign of further healing” but I doubt you could convince the hog of that.
It is insanity to think that we are recovering simply because we have slightly fewer people being laid off in a given time period when the total number of employed is stil dropping sharply and new people are entering the workforce constantly. They never bother to state what PERCENTAGE of employed people lost their jobs during the period in question.
I have never seen so much spinning, if a Republican occupied the white house we would be hearing how bad things are even if total employment were increasing rather than dropping like a stone as it is. This recovery we keep hearing about is so hard to see because it is obscured by flying pigs, frog’s hair and hen’s teeth. Oh, I forgot to mention huge herds of Unicorns.