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Topic: U.S. Adds 157,000 Jobs;
Jobless Rate Edges Up to 7.9% |
U.S. Adds 157,000 Jobs;
Jobless Rate Edges Up to 7.9%
New York Times, by Catherine Rampell
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Original Article
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Posted By:NorthernDog, 2/1/2013 8:50:00 AM
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| American employers added 157,000 jobs in January compared to a revised 196,000 jobs the previous month, the Labor Department reported on Friday. The unemployment rate edged up to 7.9 percent from 7.8 percent in December. The report came in the midst of a series of gloomy economic data, showing that the nation’s output unexpectedly shrank at the end of 2012 and that consumers were becoming increasingly pessimistic about their finances and job prospects. Dysfunction in Washington over the fiscal budget and higher tax rates that kicked in last month could further dampen consumer confidence and hiring early this year.
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Comments:
Soon-to-be popular bumper sticker: ´´Don´t blame me - I voted for Romney´´
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Reply 1 - Posted by:
Ida Lou Pino, 2/1/2013 8:53:50 AM (No. 9152029)
So? So what?
Since when do Zippy, the demonrats, or the Slimes care about American prosperity?
The just want the power to control and steal. Nothing else matters.
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Reply 2 - Posted by:
FenwayFrank, 2/1/2013 8:55:27 AM (No. 9152033)
Millions of jobs are still LOST, and only a handful are being re-filled at at pathetic rate, not "created".
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Reply 3 - Posted by:
LAW428, 2/1/2013 9:03:32 AM (No. 9152053)
I don´t believe the "jobs" numbers at all. It´s Alice´s Wonderland with this Socialist administration. They just make up numbers to get whatever story they need from their media propaganda machine. It´s all Bravo Sierra.
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Reply 4 - Posted by:
Whamdbambam, 2/1/2013 9:04:17 AM (No. 9152054)
This is so...unexpected.
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Reply 5 - Posted by:
Jethro bo, 2/1/2013 9:07:40 AM (No. 9152060)
Look, according to Hank Reid, the notable land baron and Senate Majority Leader, we are experiencing a robust recovery the likes haven´t been seen since the Gay 90s and Roaring 20s. So enough of them negative waves about GDP and unemployment and lack of job creation!
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Reply 6 - Posted by:
southernboy, 2/1/2013 9:10:14 AM (No. 9152062)
No matter what, the jobless rate will never rise above 7.9 percent. Apparently the number of unemployed required to jump from 7.9 to 8.0 is extremely large. (Maybe as high as 2 to 3 percent!)
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Reply 7 - Posted by:
lilo, 2/1/2013 9:21:30 AM (No. 9152092)
LOL #6, but there´s a lot of truth in that.
Also, how many were real jobs as opposed to government jobs?
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Reply 8 - Posted by:
lostinmassachusetts, 2/1/2013 9:41:15 AM (No. 9152139)
#6 and #7, it seems that the Obama administration has learned from retail stores that low-info customers, who would balk at paying $100.00 for an item, see a bargain when the price is $99.99.
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Reply 9 - Posted by:
ColonialAmerican1623, 2/1/2013 11:24:02 PM (No. 9153449)
How do they count jobs when one person has two or three jobs to make up for one they lost ?
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