From Fire Andrea Mitchell:
3:06 PM (5 hours ago)The summer… err fall of recovery? 95,000 jobs lost in September, yet unemployment rate doesn’t budgefrom Fire Andrea Mitchell! by adminIt’s amazing what a corrupt commerce department can do to try and fudge the numbers of unemployment, especially right before a midterm election. A Gallup poll had predicted that the unemployment rate would hit 10.1% which was a bit on the high side. Many other economists had predicted the rate would rise to 9.7% or 9.8%. With 95,000 jobs lost in September, this now the fourth straight month that the U.S. economy has lost more jobs than it’s gained. Now that’s what I call progressive hope and change! As usual, Reuters brought out the “unexpectedly” when reporting on this these disastrous numbers. But as Hotair reports, what’s funny is, hours later, they edited the story to remove the “unexpectedly.”
Nonfarm payrolls dropped 95,000, the Labor Department said, pulled down by the end of temporary jobs for the U.S. Census and steep losses at struggling local governments.
Private employment, a better gauge of the labor market, rose 64,000 after a 93,000 gain in August, below levels that would suggest a self-sustaining recovery from the recession.
Economists had expected overall payrolls would be unchanged, with private-sector hiring gaining 75,000 and the jobless rate ticking up to 9.7 percent.
The Rise and Fall of Hope and Change
The United States Capitol Building
The Constitutional Convention
The Continental Congress
George Washington at Valley Forge
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