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Worst. Jobs. President. Ever… Unemployment Rate Drops After 130,000 Americans Leave Jobs Market
gateway pundit ^ | 3/8/13 | Jim Hoft

Posted on 03/08/2013 10:14:27 AM PST by Nachum

Worst. Jobs. President since the Great Depression. Unemployment dropped down to 7.7% in January. After 130,000 Americans dropped out of the jobs market. (FOX News)

Via Drudge: WHITES: 6.8%… BLACKS: 13.8%… HISPANICS: 9.6%… TEENAGERS: 25.1%…

If you factor the underemployed with unemployed the unemployment rate is around 14%. Yahoo reported:

U.S. employers ramped up hiring in February, adding 236,000 jobs and pushing the unemployment rate down to 7.7 percent from 7.9 percent in January. Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts.

The government’s February employment report released Friday was filled with mostly encouraging details. The unemployment rate is now at its lowest level in four years. Hiring has averaged more than 200,000 per month since November. Wages increased. And the job gains were broad-based, led by the best construction hiring in six years.

One negative detail: Employers added fewer jobs in January than first estimated. Job gains were lowered to 119,000 from an initially reported 157,000. Still, December hiring was a little better than first thought, with 219,000 jobs added instead of 196,000.

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


TOPICS: News/Current Events
KEYWORDS: jobs; president; worst
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To: Tula Git

This president will never be blamed for anything. The MSM will protect him until the end.


21 posted on 03/08/2013 10:54:34 AM PST by skinndogNN
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To: skinndogNN
Right you are...that is why I don't tune into MSM of America...

Gas here in Southwestern Pennsylvania is still four dollars a gallon, food is still expensive and one can not afford..heating our homes is still out of sight, and electric prices are on the rise...so nothing has changed, except the obama’s can still travel, golf, vacation and party, can't wait to see where the two girls of the obama’s go for Spring Break...what a life..

NOTHING HAS CHANGED!!!

22 posted on 03/08/2013 11:07:25 AM PST by haircutter
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To: Paine in the Neck; Nachum
Thanks for that chart, Paine! It tells the truth ............................................................................ FRegards
23 posted on 03/08/2013 1:30:10 PM PST by gonzo ( Buy more ammo, dammit! You should already have the firearms ... FRegards)
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To: Nachum

Bump for tonight...


24 posted on 03/08/2013 2:14:10 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Paine in the Neck

Bump for tonight. Thanks!


25 posted on 03/08/2013 2:15:31 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Paine in the Neck
Only one employment stat has any real value. That is the Employment-population ratio. As you can see, it fell off the table when Obama got elected...

Actually, a closer look reveals that the ratio began to fall off right after the Democrat takeover of Congress in early 2007. It was already in free fall when Obama arrived in Washington.

That said, he's done nothing but strengthen that trend.

26 posted on 03/08/2013 5:58:50 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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