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Full Version: Obama's Final Monthly Jobs Report Disappoints
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Employers only add 156,000 jobs, and the unemployment rate inched up to 4.7%.

 

14 more days!

But, the unemployment rate is 4.7%.  He's created millions of part time jobs!. 

 

Of course, the real unemployment rate is around 9.2%, but smoke and mirrors have been added to the equation to create the myth that things are getting better.

 

Underemployment hasn't mattered for 8 years.  Record lows for the labor participation rate weren't an issue.  Watch how quickly those start to matter now that they're out of power. 

4.7% sounds a whole let better than the 13% he was facing when he took office in 2009.

Sorry, but the facts refute that "whole let better" bull [BAD WORD REMOVED].

 

RECORD number of people out of the workforce.

 

RECORD smallest "recovery" in US history.

 

History doesn't lie, but some do lie about history.

Think it's the same in alot of countries. Fake casual jobs. Same here and Britain too. Must be Obama's fault.
Quote:Think it's the same in alot of countries. Fake casual jobs. Same here and Britain too. Must be Obama's fault.
 

Bureaucracy lies and twists statistics to protect the bureaucracy. That's not just in the US, and not just Obama and the Dems. It's all government.

Quote:4.7% sounds a whole let better than the 13% he was facing when he took office in 2009.


But the real # is 9.2%. Good thing they decided to change how they report the numbers, cooking the books to satisfy low information folks like yourself.
Quote:But the real # is 9.2%. Good thing they decided to change how they report the numbers, cooking the books to satisfy low information folks like yourself.


Go ahead and use the U6 rate FBT. It shows remarkable recovery over the length of the Obama administration. When he took office the U6 was at 15% and grew to 17.10%. In 8 years the US has seen the rate cut in nearly in half.
Quote:Go ahead and use the U6 rate FBT. It shows remarkable recovery over the length of the Obama administration. When he took office the U6 was at 15% and grew to 17.10%. In 8 years the US has seen the rate cut in nearly in half.


There's a reason Obama switched from the traditional U3 unemployment rate to U6. It counts part time jobs where the U3 doesn't. One of Obama's biggest legacies has been killing the full time employee through the Obamacare 30 hour threshold. Bye bye full time jobs hello two part time jobs. Yay celebrate more jobs added than any president in history!
Lowest labor force participation since the 1970s. That was under the watch of another liberal buffoon, Carter.

I thought if you don't have a job and were on welfare it is your own fault?


Seems you guys flip flop.