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Forward: Unemployment Jumps Up to 7.9 Percent

McGovern Wrote: Feb 01, 2013 2:57 PM
From that evil conservative magazine, U.S. News and World Report: "Unemployment—which this morning ticked up to 7.9 percent—remains higher than it was when Obama took office and has consistently been higher than the 7 percent mark the White House promised it would not cross if Congress passed the so-called stimulus package taken up during the president's first months in office. "
Buck O Wrote: Feb 01, 2013 3:03 PM
How fascistic of them to report on one of the messiah's (many) failures.

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