Unemployment Articles


For Every Person Added to Labor Force, 10 Added to Those Not in Labor Force

12:09 PM, Oct 15, 2012

A new chart from the minority side of the Senate Budget Committee details the fact that, since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force. Here's a chart showing the dwindling labor force:

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Jobs Report Met with Skepticism

Labor secretary responds.
9:23 AM, Oct 05, 2012

This morning's jobs report released by the Bureau of Labor Statistics is being met with skepticism. The report found that, from August to September, the unemployment rate dropped from just above 8 percent to 7.8 percent.

In fact, when Labor Secretary Hilda Solis appeared on CNBC this morning, the first two questions for her were whether the books have been cooked:  

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Romney: 'This Is Not What a Real Recovery Looks Like'

8:22 AM, Oct 05, 2012

Republican presidential candidate Mitt Romney released the following statement in response the latest jobs report, which reported that unemployment had dropped slightly to 7.8 percent:

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Biggest Drops in Unemployment for Teenagers, Blacks, and Asians

7:46 AM, Oct 05, 2012

The Bureau of Labor Statistics reports that the unemployment rate has decreased to 7.8 percent. The biggest drops in unemployment, from the report on August to the report just released on September, is among teenagers, blacks, and Asians.

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7.8 Percent

7:30 AM, Oct 05, 2012

The unemployment rate is now 7.8 percent. The Bureau of Labor Statistics reports:

 

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Romney Keeps Focus on Economy in Virginia

The Republican mentions defense, embassy attacks only briefly.
2:00 PM, Sep 13, 2012

Fairfax, Va.
At a mid-day rally Thursday in Northern Virginia, Republican presidential candidate Mitt Romney kept his focus on the economy—and Barack Obama’s record on it.

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Employment Is Worse than During the Recession

7:25 AM, Sep 10, 2012

In one of President Obama's TV ads, Bill Clinton says that the key question in this election is which candidate can figure out how "to return us to full employment." But as the federal government's own figures show, Obama might want to start by first figuring out how to get us back to the level of employment that we had during the recession.

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We're Not Feeling It

2:00 PM, Sep 07, 2012

On Wednesday night, former president Bill Clinton assured us that nobody could have managed the Great Recession better than Barack Obama. He compared Obama’s tenure to the period between 1993 and 1996, when the economy was recovering but people were not yet feeling it. He assured us that, soon enough, we will feel this recovery.

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MSNBC: 'This Is Good News for the President'

10:05 AM, Sep 07, 2012

As the jobs numbers were read on air this morning on MSNBC, host Joe Scarborough immediately proclaimed, "This is good news for the president."

The MSNBC audience erupted in cheers, and many chanted, "Four More Years!"

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The Youth Vote: Playing to Their Parents

9:31 AM, Aug 30, 2012

Among the more trenchant lines from Paul Ryan's speech was this:

College graduates should not have to live out their 20s in their childhood bedrooms, staring up at fading Obama posters and wondering when they can move out and get going with life.

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Gibbs: Unemployment Rate Bad for Those Without College Degrees

9:36 AM, Aug 28, 2012

In response to a statement about the high unemployment rate for those with college degrees, Robert Gibbs, a surrogate for President Obama's reelection campaign, admitted that things are particularly bad for those without college degrees:  

“But boy that unemployment rate when you get out of college is tough," MSNBC host Chuck Todd said. "It's higher than the national average."

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Obama's Risky Convention Gambit

Four days of slash-and-burn attacks on the GOP and an emphasis on abortion in Charlotte could quickly be overshadowed by a bad unemployment report.
1:38 PM, Aug 23, 2012

It was reported this morning that weekly jobless claims are up for the second straight week, and this week's unexpected increase exceeded analysts' expectations. The numbers (372,000 jobless claims last week) don't suggest that the next unemployment report will be awful, but it's a safe bet that there won't be good news for the unemployed either. Weekly jobless claims usually have to be at or below 325,000 to be consistent with job creation.

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Jobless Claims Revised Upward (Again)

9:32 AM, Aug 23, 2012

Jobless claims rose by 4,000 for a second week to reach 372,000 in the period ended Aug.

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Could this Be The Worst ‘Recovery Summer’ Yet?

10:36 AM, Aug 16, 2012

The people who didn't build their small businesses seem to think so.  The Wall Street Journal reports:

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Obama Blames State and Local Governments, Congress for 14.1 Percent Black Unemployment

2:09 PM, Aug 07, 2012

In an interview with Black Enterprise magazine, President Barack Obama blames state and local governments, as well as Congress, for over 14 percent black unemployment.  

"Black unemployment still stands at nearly 14%. How do you communicate that the economy is headed in the right direction?," the editor in chief of Black Enterprise asks Obama.

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The Jobs Report: Nothing to Write Home About

11:00 PM, Aug 03, 2012

If the Federal Reserve Board’s monetary policy gurus hoped that Friday’s jobs report would give them solid guidance as to how to set future monetary policy they were sorely disappointed.

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Obama’s Jobless ‘Recovery’

11:22 AM, Aug 03, 2012

President Obama likes to say that he inherited a terrible economy but has gotten it headed in the right direction. But the employment figures released today by the federal government’s own Bureau of Labor Statistics tell a decidedly different story.  During

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8.3 Percent (Update: Romney Responds)

7:30 AM, Aug 03, 2012

The unemployment rate increased to 8.3 percent, according the Bureau of Labor Statistics.

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Unemployment Drops in Only One Swing State

In the month of June.
10:16 AM, Jul 23, 2012

Of the ten swing states, unemployment dropped in only one--Ohio--in the month of June. And things got worse in 6 of the ten swing states, according to the Wall Street Journal.

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Dem. Congressman: Food Stamp Usage Up Because Real Unemployment Higher than 8.2 Percent

12:29 PM, Jul 19, 2012

On C-SPAN's Washington Journal recently, a Democratic member of Congress, Rosa DeLauro, said that the increase of food stamps usage has to do with the "rough economy" and the fact that real unemployment is higher than 8.2 percent. The 8.2 percent number is the one offered by the federal Bureau of Labor Statistics, but accounts for only those looking actively looking for work. 

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Bernanke: 'Reduction in the Unemployment Rate Seems Likely to Be Frustratingly Slow'

12:03 PM, Jul 17, 2012

Fed chairman Ben Bernanke told a congressional committee today that "the reduction in the unemployment rate seems likely to be frustratingly slow":

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Americans Joining Disability Now Outpacing Americans Finding Jobs

9:31 AM, Jul 17, 2012

A new chart set to be released by the Republican side of the Senate Budget Committee details an alarming fact: In the last three months, more Americans have joined disability than have found a job: 

As the chart shows, between April-June 2012, an estimated 246,000 Americans were added to Social Security's disability insurance program. In that same time period, only 225,000 American jobs were created. 

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Employment Rate Below 60.0 Percent for 40 Consecutive Months

6:19 AM, Jul 11, 2012

For 280 consecutive months before President Obama took office — a span of more than 23 years — the portion of Americans who were employed always exceeded 60.0 percent (according to official tallies from the Bureau of Labor Statistics). In marked contrast, last Friday’s jobs numbers show that, under Obama, the portion of Americans who are employed has remained below 60.0 percent for 40 consecutive months.

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Obama Jokes, Avoids Jobs Talk

10:58 AM, Jul 06, 2012

President Obama spent the first few minutes of his remarks today in Poland, Ohio cracking jokes with the crowd, and avoiding having to address today's disappointing jobs report:

His jokes largely centered on his family, though he did address his weight, too. "People've been commenting: I need to gain some weight," said Obama.

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White House: 'No Quick Fixes' to Economic Problems

8:56 AM, Jul 06, 2012

White House chairman of the Council of Economic Advisers Alan Krueger issued this statement on today's jobs numbers:

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8.2 Percent

7:30 AM, Jul 06, 2012

CNBC reports:

The U.S. economy created just 80,000 jobs in June and the unemployment rate held steady at 8.2 percent, reflecting continued slow growth in the economy with the presidential election just four months away.

The Bureau of Labor Statistics said private payrolls increased 84,000, while the government lost 4,000 jobs.

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Dukakis, Kerry ... Romney?

8:50 AM, Jul 05, 2012

Remember Michael Dukakis (1988) and John Kerry (2004)? It's possible to lose a winnable presidential election to a vulnerable incumbent in the White House (or in the case of 1988, a sitting vice president). So, speaking of losing candidates from Massachusetts: Is it too much to ask Mitt Romney to get off autopilot and actually think about the race he's running?

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New Republican Ad Hits Obama's Policies that Leave Hispanics 'Suffering Disproportionately'

6:55 AM, Jun 20, 2012

The Republican National Committee has released this web ad, which hits President Obama--because, under his leadership, "Hispanics are left suffering disproportionately under his economic policies," according to an RNC press release.

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Obama’s False History

3:00 PM, Jun 14, 2012

Today, President Obama said, “It has typically taken countries up to ten years to recover from financial crises of this magnitude.” In truth, however, the historical norm has been as follows: the deeper the recession, the stronger the recovery.

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