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Jobless Rate Falls To 9.0 Percent

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Jobless Rate Falls To 9.0 Percent

Post by Guest on Fri Nov 04, 2011 10:04 am

U.S. employment rose less than expected in October, but a drop in the jobless rate to a six-month low of 9.0 percent and upward revisions to prior months' job gains pointed to underlying strength in the labor market.
http://www.huffingtonpost.com/2011/11/04/jobs-report-october-november-2011_n_1075719.html?ref=unemployment

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Re: Jobless Rate Falls To 9.0 Percent

Post by exhaustedandtired/1208 on Fri Nov 04, 2011 10:13 am

They think when the rate drops .1% that the unemployed pain level goes down! Idiots!

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Re: Jobless Rate Falls To 9.0 Percent

Post by exhaustedandtired/1208 on Fri Nov 04, 2011 10:18 am

Once again! Someone tell me how can unemployment rate drops and yet jobs created is lower than expected also when new weekly unemployment claims outpace the new job creations 4 to 1 ?? You can't tell me it isn't due to those droping off benefits.. No more tiers and maybe some states has the 20 weeks of EB's.. Then Greenspan says it will take couple of more years of growth before the rate comes down to acceptable levels OR LONGER!!

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Re: Jobless Rate Falls To 9.0 Percent

Post by TR11005 on Fri Nov 04, 2011 12:27 pm

Didn't we go through this before? More of the same.

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Re: Jobless Rate Falls To 9.0 Percent

Post by Jobless_in_Ma on Fri Nov 04, 2011 1:09 pm

Same old fuzzy Math

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Re: Jobless Rate Falls To 9.0 Percent

Post by Guest on Fri Nov 04, 2011 7:27 pm

I wouldn't say fuzzy math. That's an insult to fuzzy.

It's just a perfect example of why the 99ers need to really get busy. With each coming month, more and more will become 99ers and not be counted, which pushes the unemployment rate lower.

It's time to get loud

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Re: Jobless Rate Falls To 9.0 Percent

Post by Guest on Fri Nov 04, 2011 7:33 pm

I just saw the 3 Senators we need to get loud with ASAP:

Jack Reed - RI
Sheldon Whitehouse - RI
Dick Durbin -IL

These three sponsored the bill introduced in the Senate yesterday to keep benefits going for another year. They also co-sponsored S 3706 last year. They need to be reminded of that.

I'll post contact info for all by Monday morning.

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Re: Jobless Rate Falls To 9.0 Percent

Post by Sponsored content Today at 3:55 am


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