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Jobless rate likely to fall further, but slowly

Som's lover

Guest
Wow- it must the new GOP house majority who had an immediate impact on the economy

Unemployment rate hits 9.4 percent in December

The unemployment rate fell in December to 9.4 percent from 9.8 percent in November, the Labor Department said Friday. It was the lowest in 19 months as the economy generated a net total of 103,000 jobs and marked the biggest one-month decline in the jobless rate since April 1998.

http://www.msnbc.msn.com/id/40953619/ns/business-eye_on_the_economy
 




Wow- it must the new GOP house majority who had an immediate impact on the economy

Unemployment rate hits 9.4 percent in December

The unemployment rate fell in December to 9.4 percent from 9.8 percent in November, the Labor Department said Friday. It was the lowest in 19 months as the economy generated a net total of 103,000 jobs and marked the biggest one-month decline in the jobless rate since April 1998.

http://www.msnbc.msn.com/id/40953619/ns/business-eye_on_the_economy
You mean it's been that HIGH for a long time? I thought Gitmobama promised it wouldn't get over 8%. Holy shit! That guy and his promises are really a low percentage bet!

Can you say: SHOVEL-READY ??
 








Wow- it must the new GOP house majority who had an immediate impact on the economy

Unemployment rate hits 9.4 percent in December

The unemployment rate fell in December to 9.4 percent from 9.8 percent in November, the Labor Department said Friday. It was the lowest in 19 months as the economy generated a net total of 103,000 jobs and marked the biggest one-month decline in the jobless rate since April 1998.

http://www.msnbc.msn.com/id/40953619/ns/business-eye_on_the_economy

This is DECEMBER numbers. (R)s weren't in charge then.

Besides, I am sure a lot of this 134,000 takes into account seasonal hiring for department stores, etc. for the holidays.
 












Most economists agree that many people have STOPPED looking for work, hence the decline in the percentage.

Why is the black unemployment rate still over 15%?

Wow- it must the new GOP house majority who had an immediate impact on the economy

Unemployment rate hits 9.4 percent in December

The unemployment rate fell in December to 9.4 percent from 9.8 percent in November, the Labor Department said Friday. It was the lowest in 19 months as the economy generated a net total of 103,000 jobs and marked the biggest one-month decline in the jobless rate since April 1998.

http://www.msnbc.msn.com/id/40953619/ns/business-eye_on_the_economy