Ok, so the October jobs report was announced this morning.
171,000 jobs added in October.
Adjustment of an additional 34,000 previously unreported for September.
Adjustment of 50,000 additional jobs in August.
Labor force grew by 578,000 in October.
Government shrunk by 13,000 jobs.
But, unemployment figure rose from 7.8 percent last month to 7.9 percent in October.
(Anyone who can explain how this is a sign that more people entered the workforce, please do).
Meanwhile, it may (or may not) be useful to look at where the unemployment rates are in each state, especially the all hallowed swing states).
Note that in the last year, from 2011 to 2012, only 6 states saw their unemployment rates rise -- by small amounts. The rest saw their unemployment rates decline -- by small amounts.
What are your thoughts?
Until businesses stop blaming Obama for everything, nothing is going to change.
by SparklingJewel6 years ago
life really is all about perspective...yours, mine, theirs, anyone's...you got one they got one...isn't truth always somewhere between the lines of either side's perspective?http://www.americanthinker.com/2012/03/...
by GA Anderson4 years ago
The gist of the new Congressional Budget Office, (CBO), report on the effects of Obamacare on the U.S. economy is that it will cause a reduction in works hours equivalent to about 2 million jobs by 2017.Here is just one...
by Jevaughn Williams23 months ago
Is technology more positive or negative?
by lady_love1586 years ago
http://blog.heritage.org/2011/08/25/mor … a-economy/In true 1984 double speak the WH is pointing to the CBO report on the economy as proof their policies are working! Lol! Really? Working to do what? Destroy...
by fishskinfreak20088 years ago
WE HAVEN'T SEEN MUCH EVIDENCE
by Jim Hunter7 years ago
Thats ridiculous, if you can't find a job in your area in three years then move to where the jobs are. Unemployment is beginning to be a career for some people.
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