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Forward: Unemployment Jumps Up to 7.9 Percent

DockyWocky Wrote: Feb 01, 2013 10:50 AM
Democrats say 8.5 million people lost their jobs during Obama's first term and they still gleefully gave him a second term in paroxysms of joy. Unemployment jumped back up to the official Obama-defined number of 7.9 percent (actually, closer to 18 percent). Maybe they will catch on by Obama's third term.
Carl469 Wrote: Feb 04, 2013 12:13 AM
Unemployment "jumped" a whopping 0.2 percent during November 2012-January 2013. Big deal. That's more like a blip in the business cycle than a real news story.
beowulfe Wrote: Feb 01, 2013 10:52 AM

The Bureau of Labor Statistics has released the latest unemployment numbers for January. The unemployment rate has jumped back up to 7.9 percent with just 157,000 jobs being added to the economy. The number of unemployed and under-employed persons still sits at an alarming number.

The number of unemployed persons, at 12.3 million, was little changed in January. The
unemployment rate was 7.9 percent and has been at or near that level since September 2012.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was
about unchanged...

Related Tags: Unemployment GDP jobless rate
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