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Reuters: "[FONT="]The unemployment rate has been stuck above 8 percent for more than three years, the longest run since the great depression[/FONT] ." (Lucia Mutikani, "Jobs Increase In July, But Jobless Rate Rises To 8.3 Percent," Reuters, 8/3/12
Neil Soss, Chief Economist At Credit Suisse: "This is the weakest recovery we've ever seen, weaker even that the recovery during the Great Depression If you're not scared by that then you're not paying attention." (Catherine Rampell, "U.S. Added 163,000 Jobs In July, Jobless Rate Ticked Up," The New York Times, 8/3/12)
The Washington Post 's Neil Irwin:"Unemployed rose by 45k, employed fell by 150k in household survey, which is not what you want to see at all ." (Neil Irwin, Twitter Feed, 8/3/12)
I love this one, which claims this looks initially like "good news." What are they smoking over at CNBC? They want to report that the economy created 163,000 new jobs and hope everyone ignores that it lost 195,000. Must be good stuff ...
"Despite the seemingly good news, the report's household showed that the actual amount of Americans working dropped by 195,000, with the net job gain resulting primarily from seasonal adjustments in the establishment survey. The birth-death model, which approximates net job growth from newly added or closed businesses, added 52,000 to the total." (Jeff Cox, "Economy Creates 163,000 New Jobs But Rate Rises To 8.3 %," CNBC.com, 8/3/12)
Since President Obama took office, the nation has lost 316,000 jobs and the unemployment rate has increased from 7.8 percent To 8.3p ercent (Bureau Of Labor Statistics, accessed 8/3/12). In July, 150,000 workers dropped out of the labor force (Bureau Of Labor Statistics, Accessed 8/3/12). The real unemployment rate, including those that "are working part-time due to economic reasons," (those being, they like to eat and have a roof over theirs and their families heads) increased to 15.0 percent (Bureau Of Labor Statistics, Accessed 8/3/12). In all, 23.6 million Americans are unemployed, underemployed or have given up looking for work (Bureau Of Labor Statistics, Accessed 8/3/12).
The Empty Suit's economic blunders are the best campaign Romney can run.
Neil Soss, Chief Economist At Credit Suisse: "This is the weakest recovery we've ever seen, weaker even that the recovery during the Great Depression If you're not scared by that then you're not paying attention." (Catherine Rampell, "U.S. Added 163,000 Jobs In July, Jobless Rate Ticked Up," The New York Times, 8/3/12)
The Washington Post 's Neil Irwin:"Unemployed rose by 45k, employed fell by 150k in household survey, which is not what you want to see at all ." (Neil Irwin, Twitter Feed, 8/3/12)
I love this one, which claims this looks initially like "good news." What are they smoking over at CNBC? They want to report that the economy created 163,000 new jobs and hope everyone ignores that it lost 195,000. Must be good stuff ...
"Despite the seemingly good news, the report's household showed that the actual amount of Americans working dropped by 195,000, with the net job gain resulting primarily from seasonal adjustments in the establishment survey. The birth-death model, which approximates net job growth from newly added or closed businesses, added 52,000 to the total." (Jeff Cox, "Economy Creates 163,000 New Jobs But Rate Rises To 8.3 %," CNBC.com, 8/3/12)
Since President Obama took office, the nation has lost 316,000 jobs and the unemployment rate has increased from 7.8 percent To 8.3p ercent (Bureau Of Labor Statistics, accessed 8/3/12). In July, 150,000 workers dropped out of the labor force (Bureau Of Labor Statistics, Accessed 8/3/12). The real unemployment rate, including those that "are working part-time due to economic reasons," (those being, they like to eat and have a roof over theirs and their families heads) increased to 15.0 percent (Bureau Of Labor Statistics, Accessed 8/3/12). In all, 23.6 million Americans are unemployed, underemployed or have given up looking for work (Bureau Of Labor Statistics, Accessed 8/3/12).
The Empty Suit's economic blunders are the best campaign Romney can run.
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