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Unemployment dropped to 8.6%: it seems Obama's economic policies are working.....and now repugnant republicans blocked the extension of middle class social security tax cuts.... Showing the country yet again that they work for the rich, and the rich ONLY! Their 1% elite masters control them. Wake up people, dems are the only ones on working for the middle class.
It seems the reason for the drop in unemployment is the drop in the number of people LOOKING for jobs.
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Quote:
Originally Posted by SourD
The UE rate did not go down that far. It's all a shell game. People have exhausted their 99 weeks and fell off the rolls. Those people are considered back to work.
that's partially true however a lot of those people are retirees, baby boomers etc. We had real job growth.
Quote:
Originally Posted by pghquest
Wait, last week Democrats were blaming the GOP for unemployment numbers saying they needed to pass bills. Now you are admitting you were wrong and we didnt need those bills passed?
because unemployment is not where it should be in a healthy economy. There is positive momentum in the jobs market and republicans are trying to derail this momentum.
The UE rate did not go down that far. It's all a shell game. People have exhausted their 99 weeks and fell off the rolls. Those people are considered back to work.
Yeah, that makes sense. The only difference is they don't get a paycheck.
that's partially true however a lot of those people are retirees, baby boomers etc. We had real job growth.
because unemployment is not where it should be in a healthy economy. There is positive momentum in the jobs market and republicans are trying to derail this momentum.
There are TWO reasons for this and the media is not being honest.
1. People who exhausted their 99 weeks are no longer counted.
2. SEASONAL HIRING! Year after year during this recession this has happened. Every November an article comes out how the job market is improving along with the economy. January rolls around and all of a sudden there is an UNEXPECTED rise in UE claims again.
Yeah, that makes sense. The only difference is they don't get a paycheck.
Tell me about it. They consider them back to work because they have no clue what happened and they use whatever benefits them the most, in this case, it helps the administration to think that they went back to work.
because unemployment is not where it should be in a healthy economy. There is positive momentum in the jobs market and republicans are trying to derail this momentum.
What momentum? Obama has LOST nearly 2M jobs since being elected, and now you see a slight sign of a bump, and you are willing to ignore Christmas hiring to proclaim Obama is a hero, while blaming the GOP for not passing the very bills you claim helped.
tell me Li, did Obama invent Christmas
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The only difference is they don't get a paycheck.
