Jobs report: Economy added 96K jobs in August

[mamba]

Jobs report: Economy added 96K jobs in August

(AP) WASHINGTON - U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention.

The unemployment rate fell to 8.1 percent from 8.3 percent in July, but only because more people gave up looking for work. (400,000 people gave up looking for work in August, which is why the rate fell!) The government only counts people as unemployed if they are actively searching.

The Labor Department also says 41,000 fewer jobs were created in July and June than first estimated. The economy has added just 139,000 jobs a month since the beginning of the year, below 2011's average of 153,000.

The bleak report comes just two months before Election Day, and the economy is the top issue on most voters' minds.

Jobs report: Economy added 96K jobs in August - CBS News

 

[mamba]

 

[Mr swag]

but it dropped .2

His a lucky fukk

 

[Street Knowledge]

but it dropped .2

His a lucky fukk

Better lucky then good. People fell out of the workforce but the average voter isn't going to know that, they'll just see unemployment dropped.

 

[mamba]

Many of the (96,000) jobs (added) were in lower-paying industries such as retail, which added 6,100 jobs, and hotels, restaurants and other leisure industries, which gained 34,000. Higher-paying manufacturing jobs fell by 15,000, the most in two years.

August Jobs Report: U.S. Economy Adds 96,000 Jobs; Unemployment Rate Falls To 8.1 Percent

LOL! MSNBC is going to really have to work hard to spin this one!

 

[mamba]

Better lucky then good. People fell out of the workforce but the average voter isn't going to know that, they'll just see unemployment dropped.

Not after Team Romney and his Super PACs blanket those swing states with ads explaining it.

People don't realize how much money they're about to drop in those states.

 

[CrimsonTider]

August Jobs Report: U.S. Economy Adds 96,000 Jobs; Unemployment Rate Falls To 8.1 Percent

LOL! MSNBC is going to really have to work hard to spin this one!

Spin what?

Those jobs are about to be added significantly in the coming months because of the Holiday season.

 

[phillycavsfan]

Not after Team Romney and his Super PACs blanket those swing states with ads explaining it.

People don't realize how much money they're about to drop in those states.

You mean the same ones that are leaving Michigan and Pennsylvania?

 

[Good Guy Guevara]

This just blew my high from last night.

 

[Street Knowledge]

Not after Team Romney and his Super PACs blanket those swing states with ads explaining it.

People don't realize how much money they're about to drop in those states.

Pro-Romney groups go dark in Michigan - The Hill's Ballot Box

 

[filial_piety]

Just goes to show you, you can make all the speeches in the world and it won't get people hired.

 

[Tom]

how many of those jobs were occupied by black people tho

Obama don't give a fuk about black unemployment breh

 

[iceberg_is_on_fire]

I don't think Romney's money is going to matter. He didn't even get a bump after the RNC, that is three days of free advertisement. The establishment does not really like him. We saw it in the speeches. Every DNC speaker mentioned President Obama as a focal point, people like Christie mentioned Romney as an afterthought. The RNC ran from their past of President Bush and I expect Mittens will get handled real good on debate night.

 

[Mr swag]

Better lucky then good. People fell out of the workforce but the average voter isn't going to know that, they'll just see unemployment dropped.

That's why I was sayin his lucky people quitting

 

[CrimsonTider]

It's not the end of the world that Romney has more money.

The incumbent has every other advantage.