New jobless claims plummet, now below long-term average
According to the Labor Department, initial jobless claims fell to 339,000 last week, a decline of 30,000 from the previous week.
That’s notable for several reasons. First, it’s the lowest weekly total since February 2008. It’s also a 16.3 percent decrease in initial jobless claims from the same week a year ago, and perhaps most importantly, it is lower than the long-term average of 363,460 jobless claims filed per week.
There are reasons to be cautious. One-week fluctuations are not long-term trends, and economists would be more reassured if numbers in the next few weeks continued this trend. But as the chart below clearly indicates, jobless filings peaked in March 2009 — two to three weeks after passage of the stimulus bill — and have been steadily declining ever since.
UPDATE: From CNN, another reason for caution:
Much of the drop last week was caused by an anomaly, a Labor Department analyst told CNNMoney. One state posted a large decline in claims, which is not typical during the last week in September.
The drop probably occurred because that state didn’t fully process end-of-quarter claims, the Labor Department analyst said. If that’s the case, it’s possible initial claims could shoot back up next week, once those claims are processed.
US Initial Claims for Unemployment Insurance data by YCharts
– Jay Bookman
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551 comments Add your comment
TaxPayer
October 11th, 2012
11:27 am
Great news on the jobs front. Just think how much better we would be if Republicans had actually followed through on their 2010 jobs campaign.
LIberal Pariah
October 11th, 2012
11:29 am
At least there have been Liberal sightings on FOX. As opposed to say ANY Liberal news outlet.Typical Liberal dodge, shoot the messenger when you can’t refute the messenger. I love itl
Don't Tread
October 11th, 2012
11:29 am
Wonder how many people are actually jobless but don’t qualify as a “new” jobless claim?
With $16T of debt and a trade agreement with Communist China in place that benefits their workers at the expense of ours, I suspect there will continue to be a lot of joblessness, regardless of what the cherry-picked statistics say.
Donovan
October 11th, 2012
11:30 am
Well, let’s see…the debate between Romney and Obozo didn’t turn out too well. The deflections to explain the debate were useless. The Benghazi cover-up is sinking Team Obama’s hope of reelection. And the 7.8% unemployment cooked books by the BLS turned out bad.
Now…Team Obama tells the Labor Department and liberal operatives to hit ‘em again with another set of cooked-up numbers. Unbelievable!
You know what? By keeping this game up every week, those nasty numbers that keep presidents from being elected will evaporate by the time Nov. 6 rolls around. Do you really thing that the American public is that dumb?
barking frog
October 11th, 2012
11:30 am
Stevie Ray..Clowns to the
left and Jokers to the
right..here I am…
October 11th, 2012
11:07 am
GETALIFE,
You do realize Geitner is a
Obama appointee don’t
you?
……………..
And that has nothing to do
with his ability or oath to
faithfully execute the office
he holds. As when Obama
appointed David Petraeus
CIA director.
LIberal Pariah
October 11th, 2012
11:31 am
If this is the best Obama can do after 4 years, he needs to go. He even said it himself.
nelson
October 11th, 2012
11:32 am
That was good. The BLS gave a complete summary of why the jobless claims may shoot up next week. Perfect information makes for better interpretation.
Tonight Paul Ryan will put honesty and forthrightness above petty bikering,skewed statistics,phony baloney polls. This is the real mccoy.
Kamchak ~ Thug from the Steppes
October 11th, 2012
11:33 am
Typical Liberal dodge, shoot the messenger when you can’t refute the messenger. I love itl
Talk-radio has been marginalizing the “lame-stream media” for over a generation.
Typical conservation deflection, ignore the same behavior they have been involved in. I love it!
USMC
October 11th, 2012
11:34 am
Detroit needs a new Mayor…
Michelle Obama Hints at Political Future Beyond Barack…
http://www.breitbart.com/Big-Government/2012/10/10/Michelle-hints-political-life-beyond-husband
Kamchak ~ Thug from the Steppes
October 11th, 2012
11:34 am
*conservative*, not *conservation*
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
11:34 am
“If this is the best Obama can do after 4 years, he needs to go. He even said it himself.”
sweet jeebus – are you kidding??? it’s a steady, solid downward trend, driven by employment in private industry …
Joe Hussein Mama
October 11th, 2012
11:35 am
TGT — “probably occurred”
“If that’s the case”
“it’s possible”
“Usually”
“Many economists speculated”
Evidence? Y’all ain’t got any. OTOH, y’all have a gracious plenty of speculation and guesswork.
Kamchak ~ Thug from the Steppes
October 11th, 2012
11:37 am
sweet jeebus – are you kidding??? it’s a steady, solid downward trend, driven by employment in private industry …
But they’re not handing out free puppies or kittehs or whatever drudgey is telling them to whine about.
LIberal Pariah
October 11th, 2012
11:38 am
I didn’t say that claiming bias was necessarily wrong. I just don’t believe you can always summarily dismiss a point made because of the source. Check it out and think it through is all I’m saying. Takes no brains to say it’s not true because of where it comes from,
DebbieDoRight - Prez. O = 2.5M Jobs; Repug Congress = 0. You do the Math
October 11th, 2012
11:38 am
WillieB (when you get your ears on): To add truth to the biased media and let others know they should never depend on Jay and his media for their only source of information. does that make you go hmmmmmmmmmmmmmm?
No. It makes me go bullsh#####$$t!
Keep Up the Good Fight!
October 11th, 2012
11:39 am
Tonight Paul Ryan will put honesty and forthrightness above petty bikering,skewed statistics,phony baloney polls. This is the real mccoy
NOW THATSSSSS Funny!!!!! I wonder if Ryan will tell us his position on abortion, on his medicare cuts in his budget plan, or maybe just his marathon times.
LIberal Pariah
October 11th, 2012
11:41 am
Obama said he would stop the downward trend or limit him to one term. Now he needs more time. I thought only Romney changed his tune. Instead of jobs,he has given us more debt. I am hoping for a change.
Paul
October 11th, 2012
11:41 am
Liberal Paraih
” He even said it himself.”
You do have a direct quote for that, don’t you?
Joe Hussein Mama
October 11th, 2012
11:42 am
S. Ray — “JOE, Now that congress, once again has outed confidential info, I’m wondering since the CIA had all those operatives on the ground, how much did GOP cuts in intelligence really had to do with the denial or ignoring of requests for additional support?”
I saw an interview with Chaffetz in which he was directly asked that question. He admitted to voting to cut the budget for embassy security and then immediately complained that the Obama administration had made the wrong decision by not *expanding* consular security in Benghazi.
Let me get that straight, Congressman — you cut the budget, but you expected the President to *increase* security anyway?
“Also, if we had all those CIA folks in the area, it seems to me that they had failed miserably in intelligence gathering..just wondering..”
I can’t speak for what their mission might have been. It’s possible that their mission was something else entirely. Of course, it’s certainly possible that the CIA station there dropped the ball.
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
11:42 am
“But they’re not handing out free puppies or kittehs or whatever drudgey is telling them to whine about.”
seriously. they wanted a pony.
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
11:43 am
““Also, if we had all those CIA folks in the area, it seems to me that they had failed miserably in intelligence gathering..just wondering..””
yeah. because the area is so stable and all …
oy.
Paul
October 11th, 2012
11:43 am
Liberal Pariah
“Obama said he would stop the downward trend or limit him to one term. ”
And a cite for that doozy, too?
Erwin's cat
October 11th, 2012
11:43 am
ooooooo…a pony?
Kamchak ~ Thug from the Steppes
October 11th, 2012
11:44 am
I didn’t say that claiming bias was necessarily wrong.
Now that I have illustrated that talk-radio pretty much developed and honed this strategy, you are now walking it back.
Too funny!
I just don’t believe you can always summarily dismiss a point made because of the source.
I just don’t believe that you have taken this same poutrage to Limbaugh, Boortz, Hannity, O’Reilly, Ingraham, Savage, Coulter, Malkin et al.
Takes no brains to say it’s not true because of where it comes from,
So you’re saying that Limbaugh, Boortz, Hannity, O’Reilly, Ingraham, Savage, Coulter, Malkin et al.
have no brains.
Logical Dude
October 11th, 2012
11:44 am
So in other words:
“Look! Look at the progress!”
I mean.
“Sorry, nothing to see here! Move Along!”
indigo
October 11th, 2012
11:44 am
The President of The United States has many duties. Keeping the unemployment rate around 4 to 4 and one half percent is NOT one of them.
What would you have the president do? Assemble all the CEO’s in America and demand they start hiring?
The President is just that, President. He is not King and he does not have absolute power. And, he cannot govern effectively if members of the other Party have a majority in the House and block every move he makes to improve things.
Joseph
October 11th, 2012
11:45 am
With the real unemployment rate still at 14.7% I guess Bookman can find a silver lining in almost anything…
http://portalseven.com/employment/unemployment_rate_u6.jsp
TaxPayer
October 11th, 2012
11:45 am
Republicans. May I have your attention. Look closely at the initial claims for unemployment benefits versus time chart and note that the number of initial claims rose steadily during Bush’s Great Recession and did not stop until Obama took office and implemented the stimulus. Also note that the initial claims have declined overall since then. We call that good. You elected Republican representatives could have even helped to make it better if they had actually done something more than just campaign on jobs in 2010.
Tom(Independent Viet Vet-USAF)
October 11th, 2012
11:47 am
Donovan@11:30 _ I liked your post. But be careful they will send the FBI to your door, accusing of being a silent partner on that Muslim video in California!
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
11:47 am
“With the real unemployment rate still at 14.7% I guess Bookman can find a silver lining in almost anything…”
well, it is down from a high of around 19% … and it’s falling at a normal rate, no slower.
(and, yes, you guys give me the giggles everytime you bring it up … but … but … but … U6!!!! which is not now nor has it been used for headline unemployment for more than 3 decades … )
Keep Up the Good Fight!
October 11th, 2012
11:47 am
cat…. hold out for the unicorn!
stands for decibels
October 11th, 2012
11:48 am
Some of that stuff I agree with but other stuff that guy wrote made me laugh.
well, thanks for keeping an open mind, PD. I hope at least you might, f’rinstance, view with some skepticism this notion that we’d be better off issuing begging bowls to seniors than maintain Medicare/SS in order to put this fiscal house in order.
Joe Hussein Mama
October 11th, 2012
11:48 am
L. Pariah — “Typical Liberal dodge, shoot the messenger when you can’t refute the messenger. I love itl”
Isn’t that what y’all are doing with the BLS numbers? You have no evidence, yet you still claim the numbers are false or cooked in some way?
Erwin's cat
October 11th, 2012
11:48 am
TP – Republicans. May I have your attention. Look closely at the initial claims for unemployment benefits versus time chart and note that the number of initial claims rose steadily during Bush’s Great Recession and did not stop until Obama took office and implemented the stimulus. Also note that the initial claims have declined overall since then. We call that good. You elected Republican representatives could have even helped to make it better if they had actually done something more than just campaign on jobs in 2010.
or they made good on their promise since joblessness has been shrinking since they came into office in 2010
Jay
October 11th, 2012
11:50 am
“I can’t speak for what their mission might have been. It’s possible that their mission was something else entirely. Of course, it’s certainly possible that the CIA station there dropped the ball.
It is also true that the enemy is smart, often as smart as we are, and unlike the Americans is operating more or less on home turf. The U.S. military has a saying in that regard that you hear often: “The enemy gets a vote.”
stands for decibels
October 11th, 2012
11:51 am
yes, we need to cut spending – but sensibly, not with a 15% haircut across everything (except defense, natch)
I don’t think we’re that far apart.
(I’m not even a big fan of massive Defense cuts anytime soon; I think that needs to be plotted responsibly, that “peace dividend” shouldn’t be a joke, but meanwhile, a LOT of people depend on those industries.)
My line in the sand is around 4-5% unemployment. I think until we’re at that level, we shouldn’t even think about cutting programs, we should be finding new projects to fund. We ought to believe in this country fercryinoutloud, instead of pulling up the damn drawbridges and huddling. So to speak.
DownInAlbany
October 11th, 2012
11:51 am
drudgey spam.
Your go-to response to all things anti-O!
Erwin's cat
October 11th, 2012
11:51 am
Keep – a unicorn?…I’d be the most popular cat in the box
Scooter
October 11th, 2012
11:52 am
I certainly hope it turns out to be a long term trend, but fear it is the result of seasonal hiring of workers for the upcoming holiday season.
TaxPayer
October 11th, 2012
11:53 am
hold out for the unicorn!
A skittle pooping one because they’re the bestest.
RB from Gwinnett
October 11th, 2012
11:53 am
Taxpayer, “Great news on the jobs front. Just think how much better we would be if Republicans had actually followed through on their 2010 jobs campaign.”
Wanna google all the jobs bills still sitting on Harry’s desk or would you prefer to just concede the issue?
getalife
October 11th, 2012
11:55 am
“Congress reveals details of U.S. secret facility in Benghazi” Yahoo.
cnn refuses to report this and gop cutting funding.
cnn always give the gop a free pass then giggle about it.
Kamchak ~ Thug from the Steppes
October 11th, 2012
11:55 am
Your go-to response to all things anti-O!
My go-to response to mock drudgey links.
Not my fault that your embarrassed by drudgey.
Keep Up the Good Fight!
October 11th, 2012
11:55 am
Wanna google all the jobs bills still sitting on Harry’s desk or would you prefer to just concede the issue?
Calling it a “jobs bill” does not make it one.
Who is sitting on the President’s job bill?
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
11:55 am
“My line in the sand is around 4-5% unemployment. I think until we’re at that level, we shouldn’t even think about cutting programs, we should be finding new projects to fund.”
My problem with the government budgeting is twofold:
1) use-it-or-lose-it rewards profligacy, not thrift. when I lived in DC, every August the radio stations were blanketed with ads for computer companies that could process invoices overnight, so that agencies who had money to spare could use up their budget buying laptops and such, whether they needed them or not. THAT needs to change.
2) I think that there are enough loser-a$$ programs that need to be cut, that we could redirect the funding (and even some of the personnel) to the programs that really work well and desperately need the funding and staffing. unfortuantely, it’s a matter of taking time to really look at what the programs do, assess if they’re successful and let people know that they can be honest with you because you will do what you can to ensure that they will have employment in one form or another.
you can say I’m a dreamer, but I’m not the only one …
Kamchak ~ Thug from the Steppes
October 11th, 2012
11:57 am
*you’re*, not *your*
stands for decibels
October 11th, 2012
11:59 am
UnU @ 11.55, I take no issue whatsoever with Items 1 or 2; if there’s a more efficient way to budget and direct revenue streams we should explore them, and continually re-tune our approach. And I don’t think that’s being a dreamer; I think that’s the only rational approach to governing a nation of 300+ million folks.
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
12:00 pm
“Wanna google all the jobs bills still sitting on Harry’s desk or would you prefer to just concede the issue?
Calling it a “jobs bill” does not make it one”
no kidding – those things are “jobs bills” just like I’m a tall willowy blonde.
Billybob
October 11th, 2012
12:00 pm
one tiny grain of salt is better than none i guess, eh jay……nothing to sell there, but keep trying to pull a rabbit out of the hat……….fun
Joe Hussein Mama
October 11th, 2012
12:01 pm
USinUK — “1) use-it-or-lose-it rewards profligacy, not thrift. when I lived in DC, every August the radio stations were blanketed with ads for computer companies that could process invoices overnight, so that agencies who had money to spare could use up their budget buying laptops and such, whether they needed them or not. THAT needs to change.”
It’s not just in government; it happens in academia and business, too.
My father the college professor has told me stories like ‘well, we found we had $40,000 more than expected in the departmental budget, so we got the Dean to sign off on two new gas chromatographs, a couple of laptops and a new autoclave for the lab.’
stands for decibels
October 11th, 2012
12:02 pm
and yeah, by “cutting programs” I don’t mean that we can’t cut ANY programs. If we can identify losers, services that can be better provided by either a different agency or (gasp) the private sector, obviously they need to be considered for retirement.
I’m talking overall spending. I want Obama, if nothing else, in his second term to get people weaned off this notion that, somehow, spending is baaaad. Maybe we should stop calling it an “investment,” stop trying to pretty it up; call it “free money” instead if we have to, as Atrios likes to say.
out for awhile…
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
12:02 pm
dB – which is why people should vote for us- – the Rational Party!
LIberal Pariah
October 11th, 2012
12:02 pm
Not me Joe, the numbers are sad enough without any ‘cooking’.
Billybob
October 11th, 2012
12:02 pm
the stimulus was a jobs bill right……or central gov’t planning to us evil greedy capitalists……leftists’ 15 minutes is almost up thanks to the radical organizer in chief….again fun stuff
Paul
October 11th, 2012
12:03 pm
ah, dang, LIberal Pariah’s gone.
And I was so hoping for a cite where Pres Obama lied because he said he’d limit himself to one term.
Life is so full of disappointments…..
Joseph
October 11th, 2012
12:05 pm
USinUK – not very ladylike (and former Girl Scout):
Yes you guys give me the giggles when you don’t inform yourselves and dig deeper into the numbers. The difference between the U-3 and U-6 is 6.9%. Lets go back to to Sept 07′ when the difference was 5%. One would wonder why there’s such a difference. How is it that the gubmint puts out there the unemployment “survey” and says its 7.8% when using real numbers its 14.7%? Seems fishy to me and certainly would to the average voter if the media would report this information. And why has our workforce simply disappeared? If workforce participation were the same today as it was when Obama took office the unemployment would be around 11%. Makes you wonder… And cherry picking numbers as Bookman does quite often makes him even more irrelevant in the conversation…
Joe Hussein Mama
October 11th, 2012
12:05 pm
L. Pariah — “Not me Joe, the numbers are sad enough without any ‘cooking’.”
What’s so sad about them?
Keep Up the Good Fight!
October 11th, 2012
12:05 pm
A tall willowy blonde nakkid on a unicorn?
I can be at the airport in an hour. 
DebbieDoRight - Prez. O = 2.5M Jobs; Repug Congress = 0. You do the Math
October 11th, 2012
12:05 pm
USin UK: sweet jeebus – are you kidding??? it’s a steady, solid downward trend, driven by employment in private industry …
UsinUK — girlfriend, you are just wasting your breath trying to reason with them. Case in point:
nelson: Tonight Paul Ryan will put honesty and forthrightness above petty bikering,skewed statistics,phony baloney polls.
Donovan: Now…Team Obama tells the Labor Department and liberal operatives to hit ‘em again with another set of cooked-up numbers. Unbelievable!
See what I mean?
From now on, you have to talk to them a la Dr. Seuss’ Mr. Brown Can Moo Can You Moo Too?:
There isn’t a job that Mr. Obama can’t do,
From saving the country to stimulating the economy
A strong leader like Obama will get it done
A repuglican, alas, will only run…..
Away from trouble, away away,
Burning all his bridges, loosing all his ideals, dumbing down america, and hiding from the truth, more and more each day.
=-====================
Or something to that effect — looking at that above ^^^ it may STILL be too advanced for them. Maybe I should try the Cat In The Hat analogy…………………….
The noisemakers … Mr Brown can moo! Can you?
LIberal Pariah
October 11th, 2012
12:06 pm
If indigo’s post at 11:44 is true, how is this all Bush’s fault? Liberal logic is funnier than Big Bird.
barking frog
October 11th, 2012
12:06 pm
USinUK
I think better the use it or
lose it than unfunded need.
Joe Hussein Mama
October 11th, 2012
12:06 pm
Joseph — “Yes you guys give me the giggles when you don’t inform yourselves and dig deeper into the numbers.”
This is the single funniest thing I have ever seen Joseph post.
Joseph
October 11th, 2012
12:09 pm
Joe Hussein Mama:
I would laugh to if our country wasn’t in such dire straights….
Joseph
October 11th, 2012
12:09 pm
Joe Hussein Mama:
But to clueless libs everything is just fine….
Joseph
October 11th, 2012
12:11 pm
I’ve got a clairvoyant feeling that Bookman is going to write an article chiding Romney for telling the story of him meeting one of the fallen Seals in Bengazi….
AmericaShrugged
October 11th, 2012
12:11 pm
This just in….Unemployment offices nationwide were told to “slow down” claims processing until after the election.
They BOTH suck
October 11th, 2012
12:12 pm
“But to clueless libs everything is just fine…”
And you have a post to back that up? Or as usual, are you the one that is “clueless”?
Joseph
October 11th, 2012
12:13 pm
Wow even Bookman’s most ardent far left loons are not participating in this tripe…. Clean yourselves up and join the fun. A Romney presidency won’t be so bad for ya….
Joe Hussein Mama
October 11th, 2012
12:13 pm
Joseph — “I would laugh to if our country wasn’t in such dire straights….”
It’s got nothing to do with that. It’s just what you said — that you, of all people, would say that.
“But to clueless libs everything is just fine….”
I don’t think there’s a single “clueless lib” here on Jay’s blog then, because no one here, conservative or liberal, has lately claimed that ‘everything is just fine.’
In fact, if you’ve seen ANYONE here make such a claim in the last six months, I’d like to know who said it.
paulo977
October 11th, 2012
12:13 pm
USinUK……” think that the austerity-driven double-dip recession that Europe is experiencing totally supports the fact that government spending when the economy is taking a downturn is what primes the pump for a recovery. hell, Reagan never said that he believed it, but LOOK at his deficit spending when he was in office – he walked the walk of a true Keynes believer.”
____________________________________________________
It does take some education AND brain power to really understand this , doesn’t it?
Kamchak ~ Thug from the Steppes
October 11th, 2012
12:14 pm
I’ve got a clairvoyant feeling that
Josephmike will continue to spew foam on his keyboard.They BOTH suck
October 11th, 2012
12:14 pm
“I’ve got a clairvoyant feeling that Bookman is going to write an article chiding Romney for telling the story of him meeting one of the fallen Seals in Bengazi….”
No need for him to do that. The mother already did
Joe Hussein Mama
October 11th, 2012
12:14 pm
Joseph — “Wow even Bookman’s most ardent far left loons are not participating in this tripe…. Clean yourselves up and join the fun.”
Translation: I have a dogs**t sandwich and I want to share it with you. Why won’t you share my dogs**t sandwich with me?
Joseph
October 11th, 2012
12:14 pm
They BOTH suck:
Read Bookman’s blog… There’s my proof. If he and his followers actually think that the economy is doing good it just proves how out of touch they are with reality….
USMC
October 11th, 2012
12:15 pm
“*you’re*, not *your*”–Kam
Yeah, we got it, Kam. We knew you made a typo; your not a “complete” moron.
weetamoe
October 11th, 2012
12:15 pm
Obama’s unhappy. Quick, give him some numbers! A whole buncha good ones.
getalife
October 11th, 2012
12:16 pm
Like the CIA would tell the truth about the attack when their compound was under attack.
Think people.
DebbieDoRight - Prez. O = 2.5M Jobs; Repug Congress = 0. You do the Math
October 11th, 2012
12:16 pm
TP: Republicans. May I have your attention. Look closely at the initial claims for unemployment benefits versus time chart and note that the number of initial claims……….
Yeah, like THAT’s gonna work!! You want their attention? This is how you get it:
The Rapture Is Here!!…..
Roe Vs. Wade!!!
Gun Control!!!!
Uteruses!!!
Gays Marriage!!!
Welfare Fraud!!!
Voter Fraud!!!
Welfare Queens In Publix Buying Cigarettes!!!!!
Free Porn!!!!
THAT’s how you get their attention! Duh!
Joseph
October 11th, 2012
12:16 pm
Joe Hussein Mama:
Well I take you’ll be voting for Romney then? Obama said it himself. “It will be a one term proposition” if don’t get the job done….
indigo
October 11th, 2012
12:16 pm
Liberal Pariah – 12:06
It’s a lot easier to break something than to make it. Bush could not create jobs but he could and did get us into two useless and hugely expensive wars. He and his buddy Cheney also cozied up to Big Business while they shipped jobs overseas and laid off workers here with gusto and zeal. And, of course, gas prices and medical costs went up and up while Republican political war chests increasingly swelled with Big Business campaign bribes, er, contributions.
They BOTH suck
October 11th, 2012
12:17 pm
Joseph
You are more than welcome to assume and assert what others say, but that doesn’t make it so. It might mean something to your little pea brain and your IP spoofer, however that isn’t saying much
JamVet
October 11th, 2012
12:17 pm
WOO HOO!
A quick perusal finds that kint, tgt, b-troll boy, the ex-jarhead, lib mariah and mike/joseph are highly p*ssed off.
They know the real deal.
Good news for working class American families is BAD news for the them, Mitt and their beyond screwed up GOP.
I love it…
Jeffrey
October 11th, 2012
12:17 pm
Interesting thing is that Georgia’s unemployment rate went UP. Now of course this is all the evil black Muslim guy’s fault and has nothing to do with the fact that we have a Republican Governor, Legislature, Congressmen, Senators etc.
Don't Forget
October 11th, 2012
12:18 pm
Joseph
October 11th, 2012
12:09 pm
Joe Hussein Mama:
I would laugh to if our country wasn’t in such dire straights….
No Joseph, “dire straits” is what Obama inherited. Banking industry crashing, stock market crashing, auto industry devastated by the collapse, losing 600,000 jobs a month, bin laden living comfortably in Pakistan, trillion dollar deficit inherited from Bush. Except for the deficit, every one of those items has improved.
Paul
October 11th, 2012
12:19 pm
getalife
“Think people.”
You really are a dreamer, aren’t you?
Joseph
October 11th, 2012
12:20 pm
They BOTH suck:
That’s what I was getting at but I’m sure you noticed Obama using the dead wife of a former steel worker to try and score cheap political points. At least Romney has the class to say he won’t use this story again…
Kamchak ~ Thug from the Steppes
October 11th, 2012
12:20 pm
Claim: Obama said of halving the national deficit, “If I don’t have this done in three years, then there’s going to be a one-term proposition.”
[...]
But PolitiFact Florida found Americans for Prosperity used some creative editing in the ad – patching together two interviews on different topics.
[...]
The three-year deadline came from a TV interview three weeks before his promise. But his comment was addressed to gauging the success of the Troubled Asset Relief Program, the bank bailout begun by President George W. Bush.
Because of the splicing of comments, PolitiFact Florida ruled the claim False. Obama never said his presidency would be “a one-term proposition” in he did not halve the deficit in three years.
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FREE FRED!
Redneck Convert (R--and proud of it)
October 11th, 2012
12:20 pm
Well,
that’s awful news ’cause Obama and the libruls will get the credit for it and right before the election tooany drop in unemployment is good news, I reckon. Good thing the Republicans got control of the House and set things up so the decline in unemployment could happen. I don’t know where we’d be without a Republican House—in a bread line, I reckon.Have a good Thursday everybody.
bookman parrot
October 11th, 2012
12:21 pm
he is the gratenest president ever.
getalife
October 11th, 2012
12:22 pm
Turkey said the Syrian passenger plane that forced to land carried Russian arms.
Senator Paul blasts romney on the ME and increasing military 2 trillion.
At least one gop is consistent.
Redneck Convert (R--and proud of it)
October 11th, 2012
12:22 pm
Oh—and keep Fred under the jail.
Goldie
October 11th, 2012
12:22 pm
Yes — America is better off than it was 4 years ago… thanks for asking!
JamVet
October 11th, 2012
12:22 pm
mike, you meant to write that at least Romney has the class to use a dead American ambassador to score cheap political points…
USMC
October 11th, 2012
12:23 pm
JAMVET@12:17
Apparently WAKE ‘n’ BAKE is a part of JAMVET’s Thursday daily routine as well.
getalife
October 11th, 2012
12:23 pm
“You really are a dreamer, aren’t you?”
All you can do is try
USinUK - not very ladylike (and former Girl Scout)
October 11th, 2012
12:23 pm
Yes you guys give me the giggles when you don’t inform yourselves and dig deeper into the numbers. The difference between the U-3 and U-6 is 6.9%. Lets go back to to Sept 07′ when the difference was 5%. One would wonder why there’s such a difference. How is it that the gubmint puts out there the unemployment “survey” and says its 7.8% when using real numbers its 14.7%? Seems fishy to me and certainly would to the average voter if the media would report this information. And why has our workforce simply disappeared? If workforce participation were the same today as it was when Obama took office the unemployment would be around 11%. Makes you wonder… And cherry picking numbers as Bookman does quite often makes him even more irrelevant in the conversation…
as I said, the shift from U6 happened decades ago because of the change in the structure of the workforce. the country is no longer one in which people either own a business or are employees. Now, people consult, work flex-time, etc, so just because they are not “employed” in a traditional sense, doesn’t mean that they are unemployed, so measurement should reflect accordingly.
“The difference between the U-3 and U-6 is 6.9%. Lets go back to to Sept 07′ when the difference was 5%”
yes. the difference isn’t a constant – sometimes people are looking, sometimes they are discouraged.
“And why has our workforce simply disappeared? If workforce participation were the same today as it was when Obama took office the unemployment would be around 11%. ”
the reason the unemployment rate fluctuates is the number of people who are looking vs. those who aren’t. when hiring starts to pick up, the number of people who may have previously not been counted because they were discouraged, start to be included again as they say that they are actively looking.
“Makes you wonder…”
not really – if you educated yourself on how it works, it all makes sense.
RB from Gwinnett
October 11th, 2012
12:23 pm
Even Big Bird is trying to distance himself from the Obama cluster. Funny!!!
Joseph
October 11th, 2012
12:24 pm
JamVet:
Good news for working class American families is BAD news for the them, Mitt and their beyond screwed up GOP.
Yes its great news for American families that home values are at an all-time low and middle class income has fallen almost $5000 since Oblama has assumed office.
TiredOfIt
October 11th, 2012
12:25 pm
getalife
October 11th, 2012
11:55 am
“Congress reveals details of U.S. secret facility in Benghazi” Yahoo.
cnn refuses to report this and gop cutting funding.
cnn always give the gop a free pass then giggle about it.
++
ABC and NBC news aren’t much better.
Kamchak ~ Thug from the Steppes
October 11th, 2012
12:25 pm
Robert Brown from Gwinnett
Are you gonna continue Bob Cratchit’s coverage so Tiny Tim can get the much needed operation?