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Author Topic: TRIO: Unemployment falls to 8.3%, economy adds 243k net jobs, home sales up [Locked]
-Rando-  1 star
Posts: 230
Registered: 2010-7-28 09:19:25
Granted, the recovery is slow, but if this kind of good news keeps hitting up until November, Obama will crush whoever the opponent is.

http://www.nytimes.com/2012/02/04/business/economy/us-economy-added-243000-jobs-in-january-unemployment-rate-is-8-3.html?hp

The United States economy gained momentum in January, adding 243,000 jobs, the second straight month of better-than-expected gains.

The unemployment rate fell to 8.3 percent, giving a cause for optimism as the economy shapes up as the central issue in the presidential election. The Labor Department’s monthly snapshot of the jobs market uses a different survey, of households rather than employers, to calculate the unemployment rate.

Measured by both the unemployment rate and the number of jobless — which fell to 12,758,000 — it was the strongest signal yet that an economic recovery was spreading to the jobs market. The last time the figures were as good was February 2009, President Obama’s first full month in office.

The report sent stocks up by over 1% in early trading on Wall Street.

The department also revised its estimate for new jobs in December slightly, to 203,000. It had reported a net gain of 200,000 jobs in December.

The private sector remained the engine of new job gains. While federal agencies and local governments continued to lay off workers, private-sector employers added 257,000 jobs in January. The industries with the biggest gains were manufacturing, professional and business services, and leisure and hospitality.

The promising jobs numbers came as various economic indicators have painted an ambiguous picture of the recovery’s strength.

 

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JD_HOGG  4 stars
Posts: 2,846
Registered: 2008-3-18 08:04:21
None of this matters until GOLD reaches $2500 an ounce and the DOW falls to $500, because something happened somewhere in the past.
Bat_Avenger  1 star
Posts: 229
Registered: 2006-10-25 05:11:35
nice to see the republican controlled house policies taking effect.

 

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Eradiani  3 stars
Title: Moderator/ EvEVault Staff
AE mid to deep

Posts: 527
Registered: 2002-5-3 02:18:49
Bat_Avenger posted:

nice to see the republican controlled house policies taking effect.

can you cite one politroll?

 

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Dwaveran  3 stars
Title: Wants to Ban Canada...
Posts: 909
Registered: 2003-1-23 11:01:28
Nice

 

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JD_HOGG  4 stars
Posts: 2,846
Registered: 2008-3-18 08:04:21
Eradiani posted:

Bat_Avenger posted:

nice to see the republican controlled house policies taking effect.

can you cite one politroll?



http://www.huffingtonpost.com/2011/12/08/congress-spending-bill-policy-riders_n_1136087.html
Nestor_II  1 star
Title: I Would Walk 500 Miles
Posts: 160
Registered: 2002-1-31 07:03:29
Is that 8.3% including the people who have run out of UI and have stopped looking for a job ?

If not, that 8.3% becomes about 10%

 

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Ah-Schoo  4 stars
Title: Fuzzy Caterpillar of Friendliness
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Registered: 2000-8-11 09:05:29
Moths to a candle.

 

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Eradiani  3 stars
Title: Moderator/ EvEVault Staff
AE mid to deep

Posts: 527
Registered: 2002-5-3 02:18:49
JD_HOGG posted:

Eradiani posted:

Bat_Avenger posted:

nice to see the republican controlled house policies taking effect.

can you cite one politroll?



http://www.huffingtonpost.com/2011/12/08/congress-spending-bill-policy-riders_n_1136087.html

ah so a $900 billion spending bill is a GOP policy now. got ya

 

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Second_Chance  2 stars
Title: Great One
Posts: 308
Registered: 2001-2-28 15:45:11
More important for conservatives to shoot holes in good news than celebrate American excellence.

 

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