Friday, February 1, 2013

7.9%

http://www.ijreview.com/2013/02/33927-33927/

BREAKING: January Jobs Report Released Day After Obama Shuts Down Jobs Council

 

January saw an addition of 157,000 jobs while the unemployment edged higher to 7.9 percent (from 7.8 percent last month). As CNBC put it, this news is “unlikely to alter the Federal Reserve’s monetary policy or instill confidence that the recovery is gaining steam.”
  • Total unemployed – 12.3 million (12.2 million last month)
  • Black unemployment – 13.8 percent (14.0 last month)
  • Adult Female unemployment – 7.3 percent (unchanged)
  • Adult Male unemployment – 7.3 percent (7.2 last month)
  • Civilian labor force participation rate – 63.6 percent (unchanged)
     
  • The U-6 unemployment rate, a much more encompassing figure than the U-3 rate (7.9 percent), that accounts for underemployed persons and discouraged workers remained unchanged at 14.4 percent. Just as a reminder, the U-6 rate stood at 14.2 percent as of January 2009, when the president took office.

5 comments:

  1. 169,000 more Americans left the job pool. Amazing. If the economy was really growing, Americans would be entering the job pool.

    ReplyDelete
    Replies
    1. unless we are just making it too easy for them NOT to work.

      Delete
    2. No no This is what a "Jobless Recovery" looks like.

      Fact...There is no recovery,never has been one and we are in a Depression and have been. I don't give a Damm what the numbers indicate. The numbers have been so skewed and manipulated they do not bear any relevance to what is actually happening.

      This country is in deep shit economically,and without the prospect of worthwhile job creation.

      Trouble ahead.

      PS...Where have all the Liberal posters gone ?

      Delete
    3. I wonder Rojay if we might have to seek another venue. Our resident progressives seem to have yielded the field.

      Delete
  2. A thought about our problem,the USA that is...

    The USAObama has a broken rudder and has struck a Liberal Progressive rock and is taking on debt at an alarming rate.Now Captain Obummer is in the process of picking up more passengers to get on board of our already sinking ship,offering them are already overloaded lifeboats.

    I fear if there is not some reasonable repair to this ship,and soon, we are going to go down with all hands on board.

    ReplyDelete