Skip to comments.U.S. adds 192,000 jobs in February (8.9% unemployment)
Posted on 03/04/2011 5:49:08 AM PST by TSgt
WASHINGTON (MarketWatch) -- Job growth accelerated in February and the unemployment rate fell for the third straight month, the Labor Department said Friday. Total nonfarm payrolls increased by 192,000 in February. This was slightly lower than the 218,000 gain expected by Wall Street economists. The unemployment rate ticked lower to 8.9% in February from 9.0% in the previous month.
(Excerpt) Read more at marketwatch.com ...
A new ‘magic number’: under 9%
Come whatever may, Team Obama will get to ‘perceived’ 8% or less unemployment by November 2012.
If they can keep ‘perceived’ inflation in check, Team Obama will be difficult to beat.
Incumbency is difficult to win against. The GOP needs a strong candidate, and their top tier of wannabes are not ‘them’.
Link to full BLS report:
They are well overdone. What a joke this is becoming.
How much of those are govt hire? What was the private sector hiring?
In before the “unexpected”
All the talking heads projected a 9.1% rate. Cooked numbers in the 8.9%? My guess: YES!
I believe that these numbers come from “careful” polling, not an actual count. I suggest a defunding of the Labor Dept.
the 8.9% number is a joke.
I want to know when the unemployment rate will increase as all the discouraged workers come back into the equation.
they cooked the books
The gap between Gallup Reported numbers, and Administration reported number is now HUGE.
Gallup reported 10.3% just YESTERDAY.
BLS is reporting 8.9%.
That’s not a statistical difference, that’s FRAUD by one of them.
How many millions did Obama have to delete from the workforce, this time???
Why don’t they report it at 4.5% and be done with it?
And I second that. All of these job killing agencies should go.
Wait a month. The numbers will be revised upwards. But by then the spin will have worked.
Unemployment rate November 2010: 9.8%
Total: 331,000 (110,000 per month)
Yet the unemployment rate has gone down a FULL point?
Pre-Obama math, you needed 3 million jobs to drop it a full point.
Yet, presto. 300,000 jobs in 3 months and here we go. Down, down, down.
Only socialist dictators will be allowed in the New World Order.
Never forget, that when a person’s unemployment benefits expire they drop off the rolls. The BLS “assumes” that person to be employed................
Definitely cooked numbers!!!
A more accurate analysis can be found here:
Available jobs are decreasing faster than people filing. The recipe is folding in that figure. Mix well and bake.
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