U.S. Jobless Rate Falls to 7.8%, Lowest in Nearly 4 Years
After the debates, many political observers said that the remaining jobs reports would take on much more importance. If the jobs reports are bad, then President Obama
is in trouble. If they’re good, then he’ll maintain his lead over Romney, or so goes the inside the Beltway thinking.
Today, Obama got some good news. The jobless rate fell to to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years, and giving President Obama a strong boost a month out from elections.
The rate fell from 8.1 percent mainly because of the increase in the number of employed people. The number of people who said they were employed increased by an astronomical 873,000 — a sign that companies are beginning to hire again. Hiring increases in both August and July was both higher than expected.
Mr. Romney has been campaigning on the idea that the economy has sputtered under Obama, and has used as evidence a jobless rate which has consistently remained above 8%. Today’s job report changed all that.
In a statement released by his campaign, Romney said “This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office. If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11%.”
In the last 12 months, the economy has gained an average of 150,000 jobs a month. This is not enough for the economy to be considered healthy, but it does show some improvement.
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Yeaaa. A drop in unemployment(sarcasm).
What about blacks? Is black unemployment dropping? h**l NO.
Not a single word in this article about black unemployment and how this “great news” applies to us.. HMMMM….
There is a hidden agenda to hi-jack the jobs of melanated females, in particular (The Help). Many melanated women have lost their job (good jobs at that) since 2007 and have not recovered. The firing of Shirley Sherrod of the USDA was the beginning of “taking” the jobs from melanated women in full force. Sue Simmons of NBC was let go after 30 plus years on the job, yet Chuck Scarborough, (same age/ caucasian male) remained. Ann Curry (Asian) of NBC was let go with a $10 million dollar package, but was given her job back after crying. Sue Simmons is still crying, was not given $10 million dollars to go away and is still out of a job. These melanated women WILL NOT gain new employment at their age in this environment. Nothing is being said or done. Melanated women are being broken at the knees economically and yet their only recourse is crying to Jesus. Thousands of melanated women in their 40’s have lost their career and are 20 plus years away from retirement. Most are offered menial positions when they have advanced degrees and student loans to pay off. In contrast, Caucasian females (some with less experience) are getting high paying jobs in record numbers. Thanks to the Lilly Ledbetter law signed into law in 2009, as a priority. A war has been waged. Use your constitutional rights and the judicial system to fight this GENOCIDE. Force the respective agencies to use your tax dollars to fight illegal discrimination. With the new “coloreds” on the scene, the melanated female is no longer needed in the workplace. Perhaps, the kitchen would be more appropriate for the newly created Jim Crow II society (The Help). The melanated men are still getting jobs – those that have a degree and do not mind appeasing their Caucasian female bosses. Watch the news and sports channel. They are paired up with the Caucasian female and male colleagues to plant the seed of separation. The game is deep and very slick. Slick in a sense that you have many overseers on the scene that also help perpetuate the demise of their own people. Lastly, the link below demonstrates how the media continues to plant a seed not to hire “melanated females”. When they reference job growth, the article will entail photos of Caucasians. Articles about long-term unemployment or losing jobs depict “over-weight” melanated females. After a while, you can predict their actions, which are always juvenile in nature. Bob Marley said it plain. Get up, stand up, stand up for your rights. Do not get discouraged. They are gaining a failing system. Pride comes before the fall. Love, honor and respect yourself. Equal rights and feminism was never about the melanated woman anyway. Let them have their day. The scales of justice will be balanced. This is natural law. Do for self and detach, but stand up for your rights regardless. If you want a career in this country, fight for it. Melanated females have a right to work in America if they choose to. The ancestors approve.
http://www.huffingtonpost.com/2012/10/05/long-term-unemployment-jobless_n_1940104.html
Yes, there are reports that the “unemployment rate in the BLACK COMMMUNITY has gone down….same for Latinos.” Pres. Obama has opened up trade…helped the AUTO INDUSTRY…and done many things to boost the economy…in the face of the RIGHT WING NUTS trying to stop it all.
The root cause of the economic crisis started long before Pres. Obama set foot in the Oval Office. Look back to GLOBAL WARMING BUSH and DARTH CHENEY and the REPUBLICAN PARTY…which spent all the surplus left by CLINTON…borrowed tons of money from China for 2 unnecessary wars…and opened up torture centers…prisons…spent money like it was water. And now that SAME PARTY is trying to convince folks that THEY DID NOT DO IT. It is sickening how MITT THE TWIT is out there blaming Pres. Obama and the Democrats for all of these economic problems.