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Devastating Jobs Report: 86,000 less jobs today than when Obama took office

PETERTIMBER Wrote: Sep 08, 2012 6:00 AM
I was under the impr jobsession that there were 5,500,000 highpaying jobs lost during Obama's tenure in office and were those old high paying jobs to boot and that only 5,000,000 were replaced with Mc low paying jobs leaving a 500,000 persons out of work. This was reported on CNN this very week?

Horrible!  The September Jobs Report just released will be sliced and diced for weeks, but here is some of the most damning news. With a total population 8.8 million larger than when he took office, there are 86,000 fewer people with a job today than when Barack Obama took office in 2009 – 142.187 million in January 2009 and just 142.101 million today.

The Labor Force Participation Rate, the number of people employed or looking for work, dropped to 63.5% - a level not seen since September 1981 when far fewer women worked outside the home. In the last month alone,...

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