Jobless rate rises to 8.3 percent

May 2012
67,589
13,315
By the wall
#1
The unemployment rate ticked up to 8.3 percent in July, reflecting a stagnant economic picture as hiring improved but not by enough to make a dent in the sea of unemployed Americans.

The Labor Department report, in a glimmer of positive news after three straight months of dismal jobs numbers, showed that hiring reached its best level since February, with 163,000 jobs added.

But the number brings the economy back to treading-water status. The economy added an average of 151,000 jobs a month this year, roughly the same as last year's pace. That's not enough to satisfy the 12.8 million Americans who are unemployed. It would take 250,000 new jobs a month to rapidly bring the unemployment rate down.

With the rate rising from 8.2 percent to 8.3 percent, Republicans amped up their criticism of President Obama's stewardship Friday.
Jobless rate rises to 8.3 percent, hiring picks up but still falling short | Fox News

Lets not forget though that this election is about Romney's flub in Britain and NOT about the economy or jobs.

Hope and Change.....(sigh)
 
Sep 2006
14,096
1,007
#2
They cannot even make the stats good by dropping enough people out of the statistics. Almost four years and what do we have? The same shitty economy. Obama is going to lose this election. People are not going to vote for this guy again because his economic policy is an utter failure.
 
Last edited:
Sep 2011
127
50
west
#3
Yet

"The Department of Labor’s employment report for July showed overall growth of 163,000 jobs in the nonfarm private-sector. Analysts had predicted growth of fewer than 100,000 jobs."
go figure.:f_doh:
 
Jan 2011
12,143
5,214
east coast
#5
They cannot even make the stats good by dropping enough people out of the statitistics. Almost four years and what do we have? The same shitty economy. Obama is going to lose this election. People are not going to vote for this guy again because his economic policy is an utter failure.
It is discouraging, and Obama must plead his case, but let's not forget about all the filibusters from the GOP to not even take up bills that would put people back to work, their hands aren't too clean, my friend, i don't know who will win, and neither do you, you know who you want to win, but that doesn't make it so, think we have to wait til November. This isn't an election that can be factually predicted.
 

Devil505

Former Staff
Jan 2008
70,250
28,612
Florida
#7
LOL....This thread is like watching Obama walk on water & then posting a topic titled: Obama can't swim!
 

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