Jobs report: 171K jobs added, jobless rate rises to 7.9%

posted at 8:31 am on November 2, 2012 by Ed Morrissey

Looks like a wash from today’s jobs report. The US economy added 171,000 jobs, slightly more than expected, but the jobless rate rose to 7.9% as the household survey adjusted from last month’s outlier. The October survey had 269,000 fewer part-time workers, almost half of the additional 582,000 added in September:

Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, health care, and retail trade. …

Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in September. …

The civilian labor force rose by 578,000 to 155.6 million in October, and the labor force participation rate edged up to 63.8 percent. Total employment rose by 410,000 over the month. The employment-population ratio was essentially unchanged at 58.8 percent, following an increase of 0.4 percentage point in September.

Economists expected an additional 125,000 jobs in today’s report, so this did beat expectations.  Otherwise, it’s not terribly remarkable, and the bump upward in the jobless rate more or less counters whatever positive impact the jobs addition has.  This is not enough to argue for a sustained jobs recovery or the beginning of a growth cycle; we saw better numbers in the first quarter, and those didn’t get sustained, either.

The U-6 number didn’t move much from the previous month.  It was 14.7%, and it’s now 14.6%.  When Obama took office, it was 14.2%; six months ago, it was 14.5%.  The overall unemployment situation isn’t improving significantly at all.  The number of people not in the workforce declined by 269,000, but at 88.341 million, it’s still higher than every month this year before August, and it’s 2.28 million higher than it was a year ago.

The participation rates are similarly depressed.  The civilian population participation rate, which measures workforce participation in relation to population size, moved up from 63.6% o 63.8%.  At the beginning of the Obama term, that was 65.7%, and it was 65.7% at the start of the Obama recovery in June 2009.  The employment-population rate, which measures employment in relation to population size, rose one-tenth of a point to 58.8%.  That was 60.6% at the start of Obama’s term, and was 59.4% at the start of the Obama recovery.  We’re still in an unemployment trough, and 171,000 jobs isn’t nearly enough to make up that kind of ground, not even on a consistent basis, which we’ve hardly seen.

CNBC noted those metrics in an oddly positive light:

Economists had been expecting the report to show a net of 125,000 new jobs and a steadying of the unemployment rate at 7.8 percent. Nomura Securities predicted the rate would fall to 7.7 percent, but most expected no change.

Most of the job creation came in the services sector, with a gain of 150,000, while government employment rolls saw a collective decrease of 13,000.

A broader measure of unemployment that includes discouraged workers and those employed part-time who would rather work full-time ticked lower to 14.6 percent.

The labor force participation rate, a key metric that measures those working and looking for jobs, edged higher to 63.8 percent after wallowing around 31-year lows for the past several months.

Those numbers are still “wallowing around 31-year lows.”

James Pethokoukis puts it in perspective:

https://twitter.com/JimPethokoukis/status/264349483637297152

If we were seeing a late surge in real jobs growth — say, 250K+ per month for six months, the 7.9% jobless rate wouldn’t matter.  On the other hand, I’m not sure that people absorb the actual number as much as they absorb their personal experience in the economy — which is why the U-6 number probably matters more, even if most people never hear about it.

Update: Via Drudge, Noel Sheppard notices that incomes declined slightly last month:

The Labor Department reported Friday that despite 184,000 jobs being added to non-farm payrolls in October, average hourly earnings for such employees edged down by 1 cent to $23.58.

Average hourly earnings of private-sector production and nonsupervisory employees also dropped by 1 cent to $19.79.

This continues a trend reported by the Census Bureau in August finding that since the recovery began in June 2009, median household incomes have fallen 4.8 percent adjusted for inflation.

The decline in income relates directly to the health of the labor market.  In a more competitive market, incomes will increase.  This is as good a gauge as any, and again one that workers experience much more personally than U-3 or U-6 numbers.


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And 112,000 of those jobs went to illegals.

It will be interesting to see if the Romney admin starts using math to inject some reality into DoL statistics. It’s a basic principal of business that you have to have a handle on the numbers to go anywhere.

ironked on November 2, 2012 at 8:55 AM

James Pethokoukis James Pethokoukis ‏@JimPethokoukis

If we had a string of months like October, it would take 7 more years to get back to the Bush unemployment low of 4.4%

Flora Duh on November 2, 2012 at 8:54 AM

KABOOM!!!

jimver on November 2, 2012 at 8:55 AM

A non-disasterous jobs report means Romney’s last hope for a “game changer” is gone. The President can point to a steadily improving economy and remind voters that a Romney administration would undo everything.

Romney is finished. The President will be reelected.

chumpThreads on November 2, 2012 at 8:46 AM

A couple problems with your theory.

1. Job growth barely kept pace with population growth. The actual rate…what people understand…went up = disastrous.

2. This actually solidifies Romney’s point that Obama’s policies won’t create the kind of growth that is needed to lower the unemployment rate. We have 4 years evidence that Obama’s policies..suck.

3. The Prezzy can’t really point to anything. Economy continues to be in the crapper unemployment went up to 7.9%.

4. Voters have overwhelmingly decided that Romney is better suited for all things economically and KNOWS how to fix the economy.

5. Obama isn’t going to get re-elected…not even to a local dogcatcher position…ever. He has proven he is incompetent.

But other than that..SPOT ON!!

btw..I feel sorry for you.

HumpBot Salvation on November 2, 2012 at 8:55 AM

Why even bother…

Illinidiva on November 2, 2012 at 8:53 AM

Looks like the MOBYs are up early this morning.

bluegill on November 2, 2012 at 8:56 AM

And, that, my friends, is the hurricane bump you guys said wasn’t going to happen.

KABOOM

gumbyandpokey on November 2, 2012 at 8:50 AM

7.9%, buddy.

Your boy has failed.

Good Lt on November 2, 2012 at 8:56 AM

A non-disasterous jobs report means Romney’s last hope for a “game changer” is gone. The President can point to a steadily improving economy and remind voters that a Romney administration would undo everything.

Romney is finished. The President will be reelected.

chumpThreads on November 2, 2012 at 8:46 AM

The logic of the left is a distorted phenomenon without equal.

rplat on November 2, 2012 at 8:56 AM

So how many of those jobs added were above minimum wage?

How many offered benefits?

How many were jobs that later held the opportunity for advancement and growth?

Or were they just low paying benefit-less jobs filled by illegal immigrants where they were all wearing paper hats and asking in broken English if we wanted fries with that?

pilamaye on November 2, 2012 at 8:56 AM

I’ve never seen a group happier with the death and destruction from Hurricanes. WTFingH?

Are we jumping with joy also that it was “only” four killed in Benghazi so the news could gloss over it?

I have long maintained that mere politics does not bring me to the point of hating. But two trolls commenting on this very thread are callous to the point of being despised. You are freaking pathetic and I just pray for all the worst life has to return to selfish people like you comes in wave after wave.

hawkdriver on November 2, 2012 at 8:56 AM

The President can point to a steadily improving economy and remind voters that a Romney administration would undo everything.

7.9%

Good Lt on November 2, 2012 at 8:57 AM

http://newsbusters.org/blogs/noel-sheppard/2012/11/02/october-jobs-report-shows-incomes-continuing-decline#ixzz2B4KKbbAW

Incomes continuing to decline.

Despair and the ObamaNation.

Will America really “fire” the minority teenager than can’t do his job and is a failure at it?

For all our sakes I hope so.

POUND, POUND, POUND……..Keep working it today HotAirians. (Emails/links/text/swing state websites/street corners/whatever you can think of to change the direction we’re headed in).

PappyD61 on November 2, 2012 at 8:57 AM

rplat on November 2, 2012 at 8:55 AM

Ok, your turn.

chumpThreads on November 2, 2012 at 8:57 AM

And if Rasmussen has Obama gaining 2 pts yesterday, he will be in the lead until election day.

Sure, there was no hurricane bump!

You guys have no clue about politics, and never have.

gumbyandpokey on November 2, 2012 at 8:57 AM

Between the MOBYS and the trolls – HA is going downhill fast.

gophergirl on November 2, 2012 at 8:57 AM

James Pethokoukis James Pethokoukis ‏@JimPethokoukis
If we had a string of months like October, it would take 7 more years to get back to the Bush unemployment low of 4.4%
Flora Duh on November 2, 2012 at 8:54 AM

Obama is toast. You know that sound you hear echoing all around us? That is the sound of devastated Obama worshipers crying into their pillows because they just watched Obama’s last and only chance for a gamechanger evaporate before their eyes.

bluegill on November 2, 2012 at 8:58 AM

And, that, my friends, is the hurricane bump you guys said wasn’t going to happen.

KABOOM

gumbyandpokey on November 2, 2012 at 8:50 AM

You have a strange concept of bumps, good reports, and atomic bombs. Obama is at 48% today. Ras has had him around 46-47% for the better part of 2 weeks now. In other words, he’s stuck under 50%. So unless he somehow goes up another couple points between now and next Tuesday, he’s in big trouble. And that’s to say nothing of the sample Ras is using which if it is in fact D+5 renders this poll worthless(at least his national one) since the Election Day turnout will not be that good for Dems.

Doughboy on November 2, 2012 at 8:58 AM

KABOOM

gumbyandpokey on November 2, 2012 at 8:35 AM

KABOOM

gumbyandpokey on November 2, 2012 at 8:50 AM

Nice to see you again Billy. I presume you’ll be voting for Obama.

Flora Duh on November 2, 2012 at 8:58 AM

And if Rasmussen has Obama gaining 2 pts yesterday, he will be in the lead until election day.

Sure, there was no hurricane bump!

You guys have no clue about politics, and never have.

gumbyandpokey on November 2, 2012 at 8:57 AM

7.9%

Your boy promised 5.4%.

Your President is a failure.

Good Lt on November 2, 2012 at 8:58 AM

hawkdriver on November 2, 2012 at 8:56 AM

Just look at them. They are already that way.

cozmo on November 2, 2012 at 8:59 AM

7.8% or higher for 45 straight months.

In a sane America this would be reason for dismissal.

Let’s help make it sane again.

PappyD61 on November 2, 2012 at 8:59 AM

It will be interesting to see if the media can embargo the increasingly damning reports about Benghazi for four more days

Slade73 on November 2, 2012 at 8:59 AM

The President can point to a steadily improving economy and remind voters that a Romney administration would undo everything.

Yes, the unemployment rate ticking up is an indication that everything is going fine.

Good Lt on November 2, 2012 at 8:59 AM

And Obama was tied in Ras before he gets the good publicity from the jobs report. Romney was so close and it all fell apart a week before the election.

Just like I said last night, if the jobs report didn’t help, Romney had nothing going for him into this final weekend.

And imagine the publicity when O goes solidly ahead in the trackers.

gumbyandpokey on November 2, 2012 at 9:00 AM

It will be interesting to see if the media can embargo the increasingly damning reports about Benghazi for four more days

Slade73 on November 2, 2012 at 8:59 AM

That’s a joke, right?

Good Lt on November 2, 2012 at 9:00 AM

From 7.8% in Jan ’09 to 7.9% Oct ’12

WhatsRight on November 2, 2012 at 9:00 AM

Devastating numbers for zero, like he needed another series of numbers to underscore his incompetence, but here it is. nail in the coffin.

runner on November 2, 2012 at 9:00 AM

What the storm has done is forcefully illustrate what is morally, and intellectually bankrupt about the GOP’s anti-federal government rhetoric. Yes, the federal government is a convenient boogeyman because it seems so disconnected from people on an everyday basis. But the storm hones in on exactly what the government can do to help people and why it needs to be better equipped to do so as hurricanes and sea level rise put more and more people in danger.

libfreeordie on November 2, 2012 at 9:01 AM

Between the MOBYS and the trolls – HA is going downhill fast.

gophergirl on November 2, 2012 at 8:57 AM

They’re all out really early this morning, and in more of a panic than usual.

JOBS!!! RASMUSSEN!!! SANDY!!! BLEARRRGH!!!

As usual, they got nothin’.

PetecminMd on November 2, 2012 at 9:01 AM

And if Rasmussen has Obama gaining 2 pts yesterday, he will be in the lead until election day.

Sure, there was no hurricane bump!

You guys have no clue about politics, and never have.

gumbyandpokey on November 2, 2012 at 8:57 AM

Defecating constantly on a thread is your the only expertise you have. politics is for grown up…yo are an incontinent troll…Walker is s goner!!! :)…

jimver on November 2, 2012 at 9:01 AM

Good Lt on November 2, 2012 at 9:00 AM

lol, I didn’t intend it as one, no

Slade73 on November 2, 2012 at 9:01 AM

But I thought Obama was having these #s rigged…and it goes up? Jack Welch will have an explanation…right?

verbaluce on November 2, 2012 at 8:47 AM

They are rigged you crook. If he was using a realistically labor participation rate unemployment would be well over 10%.

njrob on November 2, 2012 at 9:02 AM

Romney is finished. The President will be reelected.

chumpThreads on November 2, 2012 at 8:46 AM

.
Chump-
Look at it this way…….
When the word that Super Mitt Romney has been elected to save the day from the Democommunist Party spreads throughout the land and that PRO- American policies will replace the Anti- American ones from this born and raised Marxist Transformationalist………The private sector will begin to grow the prosperity that makes this country great in the first place- and America will become a more decent country.
You socialists on the left can take ALL the credit for it….AND STILL you will get to see Ex-President Eye Candy seducing the gals on the View and and yucking it up eith Letterman.

So it’s a really a win- win for you … And the country.

FlaMurph on November 2, 2012 at 9:02 AM

@JimPethokoukis:

Obama WH predicted unemployment rate would be 5.2% in October 2012, not 7.9%. Missed it by thismuch

Flora Duh on November 2, 2012 at 9:02 AM

nd Obama was tied in Ras before he gets the good publicity from the jobs report.

You mean the unemployment report in which the unemployment rate increased?

Just like I said last night, if the jobs report didn’t help, Romney had nothing going for him into this final weekend.

Benghazi. 7.9%. Millions more out of work than when he walked through the door. Record debt and deficits.

Yeah. What a great job he’s done.

And imagine the publicity when O goes solidly ahead in the trackers.

gumbyandpokey on November 2, 2012 at 9:00 AM

I”m imagining that the unemployment rate has gone back up.

To you, that’s the right direction. Apparently.

Good Lt on November 2, 2012 at 9:03 AM

You have a strange concept of bumps, good reports, and atomic bombs. Obama is at 48% today. Ras has had him around 46-47% for the better part of 2 weeks now. In other words, he’s stuck under 50%. So unless he somehow goes up another couple points between now and next Tuesday, he’s in big trouble. And that’s to say nothing of the sample Ras is using which if it is in fact D+5 renders this poll worthless(at least his national one) since the Election Day turnout will not be that good for Dems.

Doughboy on November 2, 2012 at 8:58 AM

Rasmussen is using a D+3 sample now. He varies that every few days. And he’s following what ABC/Wash Post in showing Obama rising even when the partisan split shrinks.

Obama ticket up 1 and Romney went down 1. Unless Mitt has a really good day today, Obama will be ahead tomorrow.

gumbyandpokey on November 2, 2012 at 9:03 AM

Oh boy, the desperation in this post smells worse than a 5-day old gym sock.

171K jobs added “a wash”! LOL

August and September numbers revised up = “a wash”

The bad news you were hoping for didn’t happen. Commence with your crying and tin-foil hat conspiracy theories about the numbers being cooked.

cornfedbubba on November 2, 2012 at 9:03 AM

Great jobs report for Obama

gumbyandpokey on November 2, 2012 at 8:35 AM

Yep, rising unemployment is always good for an incumbent running for re-election.

eyedoc on November 2, 2012 at 9:03 AM

They’re all out really early this morning, and in more of a panic than usual.

JOBS!!! RASMUSSEN!!! SANDY!!! BLEARRRGH!!!

As usual, they got nothin’.

PetecminMd on November 2, 2012 at 9:01 AM

I just hate that they are ruining this place and the management doesn’t even care.

gophergirl on November 2, 2012 at 9:03 AM

Unemployment back up and Barry is heading home to Hawaii (or Kenya, based on your preference.) :-)

Punchenko on November 2, 2012 at 9:03 AM

And imagine the publicity when O goes solidly ahead in the trackers.

gumbyandpokey on November 2, 2012 at 9:00 AM

and by December 1st, he will finally get ahead of Romney, plus another debate and he’ll have it all sewn up. don’t forget to vote on Dec 6th!

runner on November 2, 2012 at 9:04 AM

“Benghazi. 7.9%. Millions more out of work than when he walked through the door. Record debt and deficits.

Yeah. What a great job he’s done.”

Benghazi, again….

It’s not having any kind of effect, as Ras shows.

gumbyandpokey on November 2, 2012 at 9:04 AM

Again.. what the hell is a moby?? I’m just tired of losing. I’d prefer a blowout to this crap, especially considering how weak our bench is. I’ll probably hit 40 before we elect another R president. Also, why isn’t that little snot banned?

Reminder.. Chris Christie wants Obama to win

Illinidiva on November 2, 2012 at 9:04 AM

And if Rasmussen has Obama gaining 2 pts yesterday, he will be in the lead until election day.

Sure, there was no hurricane bump!

You guys have no clue about politics, and never have.

gumbyandpokey on November 2, 2012 at 8:57 AM

Ras isn’t out yet. The only things up there are states and they aren’t good for Obama.

Deanna on November 2, 2012 at 9:04 AM

Yes, the unemployment rate ticking up is an indication that everything is going fine.

Good Lt on November 2, 2012 at 8:59 AM

The unemployment rate ticks up; it ticks down. It’s still below 8%.

Job growth continues, that’s the important thing.

chumpThreads on November 2, 2012 at 9:04 AM

Realistic*
Hard typing on your cell phone with autocomplete because you have no power and the president abandoned you after he got his photo op.

Where are these so called FEMA trucks with generators?

njrob on November 2, 2012 at 9:04 AM

libfreeordie on November 2, 2012 at 9:01 AM

Power crews turned away because they aren’t union.

Generators diverted from storm hit areas to support a foot race.

Electricity out for weeks. Gasoline running out or unavailable.

People looking through dumpsters for food.

People fighting over food and fuel.

You have an interesting and twisted vision of exactly what the government can do to help people if you think this ia a positive thing. For NYC or Obama.

PetecminMd on November 2, 2012 at 9:04 AM

And Obama was tied in Ras before he gets the good publicity from the jobs report. Romney was so close and it all fell apart a week before the election.

Just like I said last night, if the jobs report didn’t help, Romney had nothing going for him into this final weekend.

And imagine the publicity when O goes solidly ahead in the trackers.

gumbyandpokey on November 2, 2012 at 9:00 AM

So if you’re putting so much stock in Rasmussen, then what do you think about the Ras polls showing Romney up in OH and CO this week? You do realize those 2 states would hand him the Presidency since FL and VA are gone.

Doughboy on November 2, 2012 at 9:04 AM

What the storm has done is forcefully illustrate what is morally, and intellectually bankrupt about the GOP’s anti-federal government rhetoric. Yes, the federal government is a convenient boogeyman because it seems so disconnected from people on an everyday basis. But the storm hones in on exactly what the government can do to help people and why it needs to be better equipped to do so as hurricanes and sea level rise put more and more people in danger.

libfreeordie on November 2, 2012 at 9:01 AM

You do realize the bulk of the work has been and is being done by state and local governments, and not by FEMA, right?

Good Lt on November 2, 2012 at 9:05 AM

Get ready to send razors to Axelrod……can someone get his address?

POUND, POUND, POUND.

Be as relentless as they are. Use this next 4 days to have no regrets on 11/6 at the close of the polls.

PappyD61 on November 2, 2012 at 9:05 AM

libfreeordie on November 2, 2012 at 9:01 AM

That argument might have some effect if Republicans were in power right now, but they aren’t. This is Obama’s problem – especially after he decided to do all that grandstanding and posturing the other day.

“We’re gonna die! We’re gonna freeze! We’ve got 90-year-old people!”

Obama is in Las Vegas.

forest on November 2, 2012 at 9:05 AM

And, that, my friends, is the hurricane bump you guys said wasn’t going to happen.

KABOOM

gumbyandpokey on November 2, 2012 at 8:50 AM

Last time the adults that went to college…and have the transcripts to prove it…7.9 is MORE than 7.8.

Benghazi, LOL!!!!!!!!!!!!!!!!!!!!!!!!

Nobody cares about Benghazi.

gumbyandpokey on November 2, 2012 at 1:14 AM

h/t to thatsafactjack (her idea): people need to be reminded of your remark from last night’s QOTD:

Now go back to your crib, Gummy Boo-Boo: the Adult Taxpayers of the country are talking.

BlaxPac on November 2, 2012 at 9:05 AM

U6 unemployment rate is 14.6%. Unemeployment for blacks around 14%. BLS number is the same now as when Bammy took office. So once again we see what an absolute total failure Barack Obama has been.

eyedoc on November 2, 2012 at 9:05 AM

Update: Via Drudge, Noel Sheppard notices that incomes declined slightly last month:

The Labor Department reported Friday that despite 184,000 jobs being added to non-farm payrolls in October, average hourly earnings for such employees edged down by 1 cent to $23.58.

Average hourly earnings of private-sector production and nonsupervisory employees also dropped by 1 cent to $19.79.

This continues a trend reported by the Census Bureau in August finding that since the recovery began in June 2009, median household incomes have fallen 4.8 percent adjusted for inflation.

The decline in income relates directly to the health of the labor market. In a more competitive market, incomes will increase. This is as good a gauge as any, and again one that workers experience much more personally than U-3 or U-6 numbers.

Now this is one of the most intellectually dishonest things Ed has ever written, and that the right is taking this up is hilarious. You are angry at the free market for doing what it does? Isn’t this *precisely* why the GOP supports disbanding unions? So that corporations can have the “flexibility” to lower wages/benefits in order to “keep themselves afloat?” Are you actually complaining about wage declines as if that’s somehow a product of government? Wage declines are a product of a workforce who has no bargaining power. In fact, I believe the GOP response when people bring up issues of low wages is “you have the choice to find another job,” correct? Come now, do you actually, honestly expect anyone to believe that the GOP cares about wages? Hilarious.

libfreeordie on November 2, 2012 at 9:05 AM

I can’t wait to watch a sinking Barry explain how an uptick in the unemployment figure — the only figure most folks get — is a good thing.

He’s done. He’s been done. :-)

Punchenko on November 2, 2012 at 9:05 AM

KABOOM

gumbyandpokey on November 2, 2012 at 8:35 AM
KABOOM

gumbyandpokey on November 2, 2012 at 8:50 AM

…IT’S OK!…in a few days or so you won’t have to fart like that anymore!

KOOLAID2 on November 2, 2012 at 9:05 AM

The majority of these were McJobs. Weak.

nazo311 on November 2, 2012 at 9:06 AM

Obama ticket up 1 and Romney went down 1. Unless Mitt has a really good day today, Obama will be ahead tomorrow.

gumbyandpokey on November 2, 2012 at 9:03 AM

nope. he has no steam, no ideas, nothing. he is stuck at 47 dot something on average. his ceiling is 48 on election day. bye bye.

runner on November 2, 2012 at 9:06 AM

50,000 jobs more than expected for the month… plus of course Hot Air does not mention today’s job report revised August and September job figures adding another 84,000 jobs for those two months … so the last three months we are averaging 170,000 jobs added …not the most terrific news for our great country but a good sign the impartial economists say …( especially with all the gop/right wing job obstruction going on )

If the Hot Air right wingers were honest and candid today, they would admit they were hoping and expecting way fewer jobs

obviously politically it is better than a wash for the President…Romney and his followers were hoping for better talking points to close with this weekend … for example in what Romney calls his closing speech today ,I bet he doesn’t mention the extra 84,000 jobs that were created in August and September and now revised in today’s job report

U2denver on November 2, 2012 at 9:06 AM

The bad news you were hoping for didn’t happen. Commence with your crying and tin-foil hat conspiracy theories about the numbers being cooked.

cornfedbubba on November 2, 2012 at 9:03 AM

You might want you read your fellow liberal extremist excitement over having a storm kill a few score of fellow Americans for Bronco Bamma to shine over. Indeed idiot.

hawkdriver on November 2, 2012 at 9:06 AM

But the storm hones in on exactly what the government can do to help people and why it needs to be better equipped to do so as hurricanes and sea level rise put more and more people in danger.

libfreeordie on November 2, 2012 at 9:01 AM

If you mean it hones in on the fact that NJ Unions care more about themselves than the people effected by the storm, and that the Mayor of NYC is a blooming idiot, I agree.

Flora Duh on November 2, 2012 at 9:06 AM

Looks like a wash from today’s jobs report.

It’s not a wash. It’s a continuation of Obama’s failed economy. The real unemployment rate is 14.6%. This is not a real recovery.

Basilsbest on November 2, 2012 at 9:06 AM

Are the Obama trolls on the thread really trying to make the case that FEMA is the reason Obama should be re-elected?

And that 7.9% is KABOOM GREAT when the President promised 5.2%?

And that record deficits higher than any time in American history when the President promised halved deficits is ‘progress?’

They appear to be.

Help us out, Obamabots. You’re making even less sense than usual this morning.

Good Lt on November 2, 2012 at 9:06 AM

I’m outta here. I don’t need stinkin’ thinkin’ this morning. This website looks too much like Daily Kos or Think Progress these days.

TarheelBen on November 2, 2012 at 9:06 AM

Wow. Trollapalooza!

By the way, Jerseyites. Tell your Union Bosses to stop turing away non-Union UtilityCrews who have come from Dixie to help ot. Maybe you would get your power back on sooner, then.

Obama is finishd. I think I’ll have a Chick-Fil-A sammich for lunch Tuesday.

kingsjester on November 2, 2012 at 9:07 AM

Jobless claims go up, people are dumpster diving in NY, gas lines are a mile long in NJ (where they turned away the non-union ultility crews that could help get the power on) and the Obama posters are yelling yippie! Obama is so incompetent he can’t even hire decent trolls.

VioletTiger on November 2, 2012 at 9:07 AM

Also, why isn’t that little snot banned?

Illinidiva on November 2, 2012 at 9:04 AM

gumbyandpokey lives in your head.
Only you have the power to ban him.

chumpThreads on November 2, 2012 at 9:07 AM

chumpThreads on November 2, 2012 at 8:57 AM

are you also gumbyandpokey?

gerrym51 on November 2, 2012 at 9:07 AM

Get ready to send razors to Axelrod……can someone get his address?

POUND, POUND, POUND.

Be as relentless as they are. Use this next 4 days to have no regrets on 11/6 at the close of the polls.

PappyD61 on November 2, 2012 at 9:05 AM

You can tweet the lying little douchebag at @davidaxelrod. I do it all the time. It’s fun, and you’re doing your country a service.

eyedoc on November 2, 2012 at 9:07 AM

Rasmussen is using a D+3 sample now. He varies that every few days. And he’s following what ABC/Wash Post in showing Obama rising even when the partisan split shrinks.

gumbyandpokey on November 2, 2012 at 9:03 AM

D+3? That’s a best case scenario for the Dems on Election Day. In fact, Rasmussen himself(along with Gallup) said it could very well be R+1 or 2. You’re basing your hopes on a partisan breakdown that is very unlikely to happen.

Doughboy on November 2, 2012 at 9:07 AM

KABOOM….

The sound that was missing in Benghazi..

Oh wait..

Our enemy was making that sound..

[Obama walks off AF1 with a bombers jacket]

Electrongod on November 2, 2012 at 9:07 AM

I can’t take it today – I’m already nervous with work.

Congrats trolls you win- you’ve ruined HA. Congratulations.

gophergirl on November 2, 2012 at 9:07 AM

Paul Krugman flashback:

EPI points out that when you put these numbers together, they say that to return to pre-crisis unemployment within two years we’d have to add 580,000 jobs a month. That’s not going to happen.

But let’s set a more modest goal: return to more or less full employment in 5 years –which means seven lean years of depressed employment. To keep up with population growth over those 7 years, the United States would have had to add 84 times 127,000 or 10.668 million jobs. (If that sounds high, bear in mind that we added more than 20 million jobs over the 8 Clinton years). Add in the need to make up lost ground, and we’re at around 18 million jobs over the next five years — or 300,000 a month.

171,000.

Fallon on November 2, 2012 at 9:08 AM

I look forward to the post-election media reports if Romney wins:

“The January jobs report somehow shows massive increases in hiring and investments. We suspect an error in the calculations. If not, this has nothing to do with the election but is proof Obama’s policies were working and the racist American voters just didn’t give him that extra month his policies needed to really start helping.”

rogerb on November 2, 2012 at 9:08 AM

So if you’re putting so much stock in Rasmussen, then what do you think about the Ras polls showing Romney up in OH and CO this week? You do realize those 2 states would hand him the Presidency since FL and VA are gone.

Doughboy on November 2, 2012 at 9:04 AM

I’m sure you’ve heard that the state polls lag the national polls, and that’s been true in the past.

If you had to pick a candidate who has the momentum going into the final weekend, it is most certainly Obama. A number of people on the internet last night commented about how flat Romney was in his appearances yesterday. I’m sure his internals (the real internals) are showing the same collapse that Ras is.

gumbyandpokey on November 2, 2012 at 9:08 AM

And, that, my friends, is the hurricane bump you guys said wasn’t going to happen.

KABOOM

gumbyandpokey on November 2, 2012 at 8:50 AM

What? An incumbent POTUS, at 48%, four days before an election?

And here I thought you were a professional. And yet you sit here, speaking like the rankest of amateurs…

JohnGalt23 on November 2, 2012 at 9:08 AM

Wow. Trollapalooza!

ain’t it the truth.

LOL

gerry-mittbot-trollbuster

gerrym51 on November 2, 2012 at 9:08 AM

And 112,000 of those jobs went to illegals.

Its always good to start the day with random, racist speculation, isn’t it?

libfreeordie on November 2, 2012 at 9:08 AM

obviously politically it is better than a wash for the President…Romney and his followers were hoping for better talking points to close with this weekend … for example in what Romney calls his closing speech today ,I bet he doesn’t mention the extra 84,000 jobs that were created in August and September and now revised in today’s job report

U2denver on November 2, 2012 at 9:06 AM

7.9% on Obama’s watch. Higher than when he came in.

Incomes continue their decline on Obama’s watch

Only a politically motivated hack could consider that “no biggie.” And if it were a Republican President, you’d have labeled it what it would be – a complete failure in meeting all promises and projections.

Go sell your crazy somewhere else.

Good Lt on November 2, 2012 at 9:09 AM

gophergirl on November 2, 2012 at 9:07 AM

Stay strong, ma’am. What we will be dealing with until Tuesday night, is desperation and disruption.

Romney’s got this. They know.

kingsjester on November 2, 2012 at 9:09 AM

gumbyandpokey lives in your head.

chumpThreads on November 2, 2012 at 9:07 AM

Gumby lives in his own head. Since it’s completely vacant there’s plenty of room in there.

eyedoc on November 2, 2012 at 9:09 AM

And if Rasmussen has Obama gaining 2 pts yesterday, he will be in the lead until election day.

Sure, there was no hurricane bump!

You guys have no clue about politics, and never have.

gumbyandpokey on November 2, 2012 at 8:57 AM

Here’s yesterday’s Rasmussen report . . . now where exactly are those “2 pts” your messiah has gained?

“Thursday, November 01, 2012
The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows Mitt Romney attracting support from 49% of voters nationwide, while President Obama earns the vote from 47%. One percent (1%) prefers some other candidate, and three percent (3%) remain undecided. ‘

rplat on November 2, 2012 at 9:09 AM

Its always good to start the day with random, racist speculation, isn’t it?

libfreeordie on November 2, 2012 at 9:08 AM

It’s always good to start the day with an increase in the unemployment rate, isn’t it, Obot?

Good Lt on November 2, 2012 at 9:09 AM

Again.. what the hell is a moby??

Illinidiva on November 2, 2012 at 9:04 AM

Since you are too dumb or too lazy to simply Google the term, why don’t you hold up a mirror in front of your face and you’ll have the answer that way.

bluegill on November 2, 2012 at 9:10 AM

“it coulda’ been alot worse, OK” – President Bomber Jacket

forest on November 2, 2012 at 9:10 AM

@MittRomney:

Today’s increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill.

Flora Duh on November 2, 2012 at 9:10 AM

What? An incumbent POTUS, at 48%, four days before an election?

And here I thought you were a professional. And yet you sit here, speaking like the rankest of amateurs…

JohnGalt23 on November 2, 2012 at 9:08 AM

But that’s not the number that caused his numbers to rise this morning. He was polling in the 49-50% range last night to cause the spike today.

Only question is does the hurricane bump continue or was this the high water mark? Usually there aren’t multiple momentum shifts in the final weekend.

gumbyandpokey on November 2, 2012 at 9:10 AM

171,000.

Fallon on November 2, 2012 at 9:08 AM

KABOOM!

Good Lt on November 2, 2012 at 9:10 AM

Its always good to start the day with random, racist speculation, isn’t it?

libfreeordie on November 2, 2012 at 9:08 AM

rogerb…archive this one.

You can pretty much use it for anything the racist POS libfree posts.

HumpBot Salvation on November 2, 2012 at 9:10 AM

Come now, do you actually, honestly expect anyone to believe that the GOP cares about wages?

why wouldn’t it ? don’t higher wages correlate to higher consumption and higher tax revenue ? yes, they do. how do you think GOP envisions the treasury gets filled ? by printing more money like you people do ?

runner on November 2, 2012 at 9:11 AM

Based on the stories coming out of new york and NJ any glow Obama got from storm management has started to turn back.

I think gumbyandpokey and chumpthreads are dumpster diving in manhattan

gerrym51 on November 2, 2012 at 9:11 AM

Now this is one of the most intellectually dishonest things Ed has ever written, and that the right is taking this up is hilarious. You are angry at the free market for doing what it does? Isn’t this *precisely* why the GOP supports disbanding unions? So that corporations can have the “flexibility” to lower wages/benefits in order to “keep themselves afloat?” Are you actually complaining about wage declines as if that’s somehow a product of government? Wage declines are a product of a workforce who has no bargaining power. In fact, I believe the GOP response when people bring up issues of low wages is “you have the choice to find another job,” correct? Come now, do you actually, honestly expect anyone to believe that the GOP cares about wages? Hilarious.

libfreeordie on November 2, 2012 at 9:05 AM

My God, are you all really doing this? talk about intellectual dishonesty. The fact remains that even after people have left the workforce the numbers continue to rise. You trolls here are pathetically intellectually dishonest. And if it were Bush in office still you’d be singing a different tune about the direction of the numbers. Difference is that Conservatives would be agreeing with you with the raw numbers.

hawkdriver on November 2, 2012 at 9:11 AM

Barry doesn’t have a talking-point to close with other than, uh, UNEMPLOYMENT WENT BACK UP.

YEEEAAAARRGGGHHHH!

Punchenko on November 2, 2012 at 9:12 AM

Here’s yesterday’s Rasmussen report . . . now where exactly are those “2 pts” your messiah has gained?

On Drudge this morning. Here you go!

RASMUSSEN FRIDAY: O 48% R 48%…

gumbyandpokey on November 2, 2012 at 9:12 AM

But that’s not the number that caused his numbers to rise this morning. He was polling in the 49-50% range last night to cause the spike today.

But but but but but but but

Only question is does the hurricane bump continue or was this the high water mark? Usually there aren’t multiple momentum shifts in the final weekend.

gumbyandpokey on November 2, 2012 at 9:10 AM

Keep cheering on the hurricane and a 7.9% unemployment rate, champ.

Good Lt on November 2, 2012 at 9:12 AM

On Drudge this morning. Here you go!

RASMUSSEN FRIDAY: O 48% R 48%…

gumbyandpokey on November 2, 2012 at 9:12 AM

See you Tuesday!

Good Lt on November 2, 2012 at 9:12 AM

OT for our Trolls here: How come we haven’t seen any new “polls” telling us what a wonderful job O’bamna is doing handling Hurricane Sandy?

After all, you all confidently assured us that he would get a huge bump from the storm, but so far one, and only one, “poll” has come out, done by a newspaper that has endorsed O’bamna, and that one hasn’t been updated in almost 3 days.

Del Dolemonte on November 2, 2012 at 9:13 AM

50,000 jobs more than expected for the month…

my goodness, we needed 500,000/month for the last three years just to keep up with population growth. yeah a real winner, there.

runner on November 2, 2012 at 9:13 AM

This same jobs report in Bush’s 1st term printed 348,000.

Wigglesworth on November 2, 2012 at 9:13 AM

history repeats itself, specifically 1980

landslide

Slade73 on November 2, 2012 at 9:14 AM

……. to be revised downward after this coming Tuesday. Pretty pathetic last ditch effort to same The One this late in the game.

RandallinHerndon on November 2, 2012 at 9:14 AM

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