January jobs report: Unemployment rises to 7.9%, 157K jobs added

posted at 8:36 am on February 1, 2013 by Ed Morrissey

The January jobs report largely met the low expectations of the market today.  The US economy added a net 157,000 jobs, but the unemployment rate went up by a tenth of a point to 7.9%:

Total nonfarm payroll employment increased by 157,000 in January, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Retail trade, construction, health care, and wholesale trade added jobs over the month.

Household Survey Data

The number of unemployed persons, at 12.3 million, was little changed in January. The unemployment rate was 7.9 percent and has been at or near that level since September 2012. (See table A-1.) (See the note and tables B and C for information about annual population adjustments to the household survey estimates.)

Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.3 percent), teenagers (23.4 percent), whites (7.0 percent), blacks (13.8 percent), and Hispanics (9.7 percent) showed little or no change in January. The jobless rate for Asians was 6.5 percent (not seasonally adjusted), little changed from a year earlier. (See tables A-1, A-2, and A-3.)

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was about unchanged at 4.7 million and accounted for 38.1 percent of the unemployed. (See table A-12.)

The broader U-6 measure of unemployment remained unchanged at 14.4%. That measure, which includes underemployed and discouraged workers left out of the more well-known U-3 unemployment rate, is still above the 14.2% rate of January 2009, when Barack Obama took office. One year ago, it was 15.1%. During the last expansion, it reached a low of 8.0% in 2006 and 2007.

Workforce measures remains steady in January.  The civilian-population percentage ratio was unchanged from December’s 63.6%, one-tenth of a point above the 31-year low set in August 2012.  The same is true for the employment-population ratio, which stayed at 58.6%, just two-tenths below the generational low of 58.4% also set in August 2012.

The addition of 157,000 net jobs isn’t bad news, but it’s not good news either, as those workforce measures show.  Job creation is only keeping pace with population growth.  We will never make a dent in the more than 8 million workers who no longer participate in the workforce at this level of job creation.

Note: Interestingly, the Household Survey only showed an increase of 17,000 jobs in January.

Update: Color CNBC unimpressed:

The new year started off with an old story: Employment grew again in January but not at a pace able to lower the jobless rate.

Nonfarm payrolls rose 157,000 for the first month of 2013 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Federal Reserve’s monetary policy or instill confidence that the recovery is gaining steam.

Economists were looking for 160,000 net new jobs created with the unemployment rate holding steady at 7.8 percent.

However, CNBC noted the substantial upward revisions for November and December, too:

November’s numbers rose from the originally reported 161,000 to 247,000, while December was pushed upward to 196,000 from 155,000.

It’s interesting to see that level of job creation combined with a contraction in the economy in Q4.  In part, that’s because the contraction had other issues; real final sales of domestic product rose 1.1% in Q4, which means that a low level of hiring would have been necessary.  I’m wondering if businesses thought the quarter would do better than it actually did.

Update II: Reuters closes the books on 2012, pointing out that the level of job creation has done little to improve the overall employment picture:

Job growth in 2012 averaged 181,000 a month, but not enough to significantly reduce unemployment. Economists say employment gains in excess of 250,000 a month over a sustained period are needed.

Though the unemployment rate dropped from a peak of 10 percent in October 2009, that was mostly because some unemployed Americans gave up the search for work because of weak job prospects.

The share of the working age population with a job has been below 60 percent for almost four years.

And it actually went backwards from that rate in January.


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I blame the previous administration.

Bishop on February 1, 2013 at 8:38 AM

157,000 jobs? So the same stagnant “growth” we’ve been seeing for most of the Obama Presidency. But hey, at least GDP is….oh wait.

Doughboy on February 1, 2013 at 8:38 AM

. . . But the libs are already very busy finding “bright spots.”

WannabeAnglican on February 1, 2013 at 8:39 AM

Thank you Jobs Council! Heck of a job Obama!

gsherin on February 1, 2013 at 8:39 AM

Msdnc excited because of all the revisions in nov and Dec…..

This is great for dear leader
morning Joe

cmsinaz on February 1, 2013 at 8:39 AM

Mission Accomplished!

crazywater on February 1, 2013 at 8:40 AM

Dems – ” Best increase in unemployment we have ever seen”

Jabberwock on February 1, 2013 at 8:41 AM

I can hardly wait for Recovery Summer IV: No Lube For You.

Physics Geek on February 1, 2013 at 8:41 AM

Everyone needs to stop talking down the “super awesome” recovery we are in, otherwise it will get sad and contract, and that will be all the Republicans fault.

Gatsu on February 1, 2013 at 8:42 AM

157,000 28 hour work week jobs.The IRS set the rules on Obamacare finally and a policy for a family of 4 will average $20,000 annually.How bout them apples?

docflash on February 1, 2013 at 8:42 AM

I can hardly wait for Recovery Summer IV: No Lube For You.

Physics Geek on February 1, 2013 at 8:41 AM

Lube Nazis?

Liam on February 1, 2013 at 8:43 AM

“What difference does it make?”

BuckeyeSam on February 1, 2013 at 8:43 AM

157,000 28 hour work week jobs.The IRS set the rules on Obamacare finally and a policy for a family of 4 will average $20,000 annually.How bout them apples?

docflash on February 1, 2013 at 8:42 AM

Isn’t liberalism grand?

gophergirl on February 1, 2013 at 8:44 AM

we can thank Dr Pepper for this

Slade73 on February 1, 2013 at 8:45 AM

If half of America wanted someone to open up the economy and get it going full strength they wouldn’t have voted for Obama. But they did.

So, I must conclude that the majority of Americans do not care about our job situation. Instead, “free” contraception, “free” abortions, fighting the “climate change,” increasing health insurance premiums, and keeping energy/gas prices nice and high is the order of the day.

It’s a decline of choice.

visions on February 1, 2013 at 8:45 AM

“A fine opportunity for people to reconnect with old hobbies, start new ones, maybe take that trip to Europe they have always dreamed about. Bark is AWESOME!”

-Wealthy Diane Sawyer from the comfort of her Manhattan condo

Bishop on February 1, 2013 at 8:45 AM

The best looking contraction you’ll ever see.

FORWARD!

Good Lt on February 1, 2013 at 8:45 AM

Msdnc excited because of all the revisions in nov and Dec…..

This is great for dear leader
morning Joe

cmsinaz on February 1, 2013 at 8:39 AM

Let me guess. This is the old meme that unemployment ticking up is great because it means more of the jobless are seeing hope and have started looking again. As to the revisions, the elections are over. The government agencies have more latitude in telling the truth than they did before the election.

Happy Nomad on February 1, 2013 at 8:48 AM

Thank you President Obama!

Electrongod on February 1, 2013 at 8:48 AM

It was a dollop of Superstorm Sandy, a pinch of Japanese Tsunami, and a teaspoon of Bush

Slade73 on February 1, 2013 at 8:48 AM

“We are true to our creed when a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else…”

- Barack Obama, 2013 Inaugural Address

JackForce on February 1, 2013 at 8:49 AM

I blame global warming. /

Liam on February 1, 2013 at 8:50 AM

…Hey!!….
…………let’s raise taxes and the cost of business on the people who create jobs…
………………..increase our debt/deficits with more out of control spending…..
Cripple our business’s with Obamacare and massive regulation…..
………………gut our energy market for failed “green” alternatives (see spain/Germany/Britain)….
……………….then chase binders/big bird/and guns to distract from our failed policies……

“Forward!!!!”

Baxter Greene on February 1, 2013 at 8:51 AM

I actually do blame Affirmative Action

Slade73 on February 1, 2013 at 8:51 AM

If Reagan was running today, he would have lost to Carter.

Electrongod on February 1, 2013 at 8:51 AM

Unemployed Dec-12: 12.206 million

Unemployed Jan-13: 12,332 million

Not in labour force Dec-12: 88.839 million

Not in labour force Jan-13: 89.008 million

Participation rate remained at 58.6%.

Resist We Much on February 1, 2013 at 8:54 AM

It was all because of the obstructionist republicans and their hostage-taking. /s

tommy71 on February 1, 2013 at 8:54 AM

“Hey!!!!….stop bad mouthing our recovery!!!”

Harry Reid

Baxter Greene on February 1, 2013 at 8:55 AM

It was all because of the obstructionist republicans and their hostage-taking. /s

tommy71 on February 1, 2013 at 8:54 AM

You didn’t need a sarc tag..
Everyone knows the repubs had nothing to do with this. /s

Electrongod on February 1, 2013 at 8:56 AM

The broader U-6 measure of unemployment remained unchanged at 14.4%. That measure, which includes underemployed and discouraged workers left out of the more well-known U-3 unemployment rate, is still above the 14.2% rate of January 2009, when Barack Obama took office.

And that is the reality… 14.4% real unemployment… Higher than when the parasite class President started his first term in 2009… All heil to the parasite class and their President…

mnjg on February 1, 2013 at 8:56 AM

“We’ve turned the corner!!”

Baxter Greene on February 1, 2013 at 8:56 AM

Yep and yep happy nomad

cmsinaz on February 1, 2013 at 8:57 AM

This is a repudiation of Republicans!!!!

A -.1 GDP and Unemployment going up is proof that Obama’s policies are working!!!

Baxter Greene on February 1, 2013 at 8:58 AM

Regarding the difference between CES jobs added and CPS more people working numbers, it’s the increase in the number of part-time employees (+244,000 seasonally-adjusted from December). Since they’re likely working multiple jobs, they’re counted multiple times in the CES.

Steve Eggleston on February 1, 2013 at 8:59 AM

Focused like a laser. Oh look at that shiny little object- Gun Control.

tommy71 on February 1, 2013 at 8:59 AM

So many green shoots.

Gatsu on February 1, 2013 at 8:59 AM

What we need is an alien invasion or a big,new,shinny coin.

Baxter Greene on February 1, 2013 at 9:00 AM

“With all due respect, the fact is we had four dead years. Was it because of deadbeat Democrats or was it because of our President was out for a walk one night decided to go kill America? What difference, at this point, does it make?”

Electrongod on February 1, 2013 at 9:01 AM

It was a dollop of Superstorm Sandy, a pinch of Japanese Tsunami, and a teaspoon of Bush

Slade73 on February 1, 2013 at 8:48 AM

And a truckload of Obamanure.

Happy Nomad on February 1, 2013 at 9:02 AM

Maybe Q1 will improve with all the gun sales.

forest on February 1, 2013 at 9:02 AM

I’m sure that our Nobel laureate Krugman will be hyperventilating: More spending, more stimulus. This is happening cos the Admin isn’t spending enough.

tommy71 on February 1, 2013 at 9:04 AM

So the democrats/MSM spend years telling us how Obama outsmarts Republicans and gets his agenda passed through on the Hill time and time and time again.

But somehow as the failure keeps piling up…..democrats want us to believe it’s the Republicans fault for being “obstructionist”…

You really have to be a first class idiot to buy anything coming from the democratic party.

Baxter Greene on February 1, 2013 at 9:04 AM

Steve Eggleston on February 1, 2013 at 8:59 AM

Screwed that up; it’s -244K part-time employees between December and January. Makes the difference between CES jobs added and CPS more people working even more puzzling.

Steve Eggleston on February 1, 2013 at 9:04 AM

MARXISM is about to arrive in your workplace.

Imagine employees having to deal with peer pressure if they are an acheiver and or are paid more than others? Imagine if women are found or perceived to be paid less? Imagine the lawsuits and the pressure on employers. Achievers that are paid more will have to “cower” like Holder wants gunowners and smokers to do.

http://washington.cbslocal.com/2013/01/31/mikulskis-paycheck-fairness-act-would-allow-employees-to-discuss-salaries/#respond

LANHAM, Md. (CBSDC)- A ‘Paycheck Fairness Act’ introduced in Congress last week would require employers to show pay disparity is related to job-performance and prohibit employer retaliation for sharing salary information with coworkers.

Senator Barbara A. Mikulski and Congresswoman Rosa DeLauro, both Democrats, said their legislation is aimed at closing the pay gap between men and women and would also address loopholes in the 1963 Equal Pay Act.

Currently, the law allows employers to sue or otherwise punish employees for sharing their salary information and women still make just 77 cents on their male counterpart’s dollar, according to Sen. Mikulski’s office.

In President Barack Obama’s Inaugural address on Jan. 21, he said a priority in his current term would be effectively closing the pay gap. During the first few weeks of his first term, Obama’s signed the Lilly Ledbetter Fair Pay Act, which overturned the 180-day statute of limitations for women to contest pay discrimination.

Mikulski and DeLauro said the Paycheck Fairness Act would also allow women to seek punitive damages for pay discrimination, establish a grant program to strengthen salary negotiation and other workplace skills and require the Department of Labor to enhance outreach and training efforts to eliminate pay disparities.

“eliminate pay disparities”………..think about that.

PappyD61 on February 1, 2013 at 9:05 AM

Was it because of deadbeat Democrats or was it because of our President was out for a walk one night decided to go kill America? What difference, at this point, does it make?”

Electrongod on February 1, 2013 at 9:01 AM

Well, that would depend if he decided to kill America with a “high capacity clip” on his “assault weapon” or not.

But it does make a difference. My prediction is the re-birth of the groundswell of angry Americans that we saw with the Tea Party Movement before the 2010 elections. Hard-working mainstream Americans are being forced to foot more and more of the bill for deadbeat Democrats at the same time the government is going out after our basic civil liberties. This is the recipe for real anger.

Happy Nomad on February 1, 2013 at 9:05 AM

“eliminate pay disparities”———-assuming you have a job of course.

PappyD61 on February 1, 2013 at 9:06 AM

+1 Baxter

cmsinaz on February 1, 2013 at 9:06 AM

Got my tuxedo pressed and bought a new formal shirt. Reservations at a fine restaurant. Woke up today feeling good about America and life. I’ll think of you small, bitter people when Obama takes his bow at the ball tonight. And I’ll smile and sip a little more champagne.
 
urban elitist on January 21, 2013 at 1:00 PM

rogerb on February 1, 2013 at 9:06 AM

But somehow as the failure keeps piling up…..democrats want us to believe it’s the Republicans fault for being “obstructionist”…

You really have to be a first class idiot to buy anything coming from the democratic party.

Baxter Greene on February 1, 2013 at 9:04 AM

Democrats are living in an alternate universe. We’ve got real economic problems, the Middle East is literally in flames due to botched US foreign policy, Congress is in perpetual gridlock. So what does the rat-eared dictator talk about during his inagural speech? Gun-control, legitimizing sodomy, and global warming.

Happy Nomad on February 1, 2013 at 9:09 AM

Of course…Obama has spent more than any other President and has already eclipsed 6 trillion in 4 short years…..
…….and here we sit with massive debt,deficits,high unemployment,and bottom level GDP……

So clearly our problems are because we are not spending enough…..
…really…this is what the “smartest people in the room” are going with.

You just can’t make this sh!t up.

Baxter Greene on February 1, 2013 at 9:09 AM

If it wasn’t for their staunch defense of the Second Amendment and other specific issues dear to my constitutionalist heart (the GOP defense of the right to bear arms will be staunch, right?), I could almost wish the Democrats had won the House of Representatives last November.

Because Obama will hang the bad jobs report around Boehner’s neck like a rotting chicken, the MSM will pile on, and all the Kardashian-watching, free birth control-wanting, Obama phone-using, low information voters who gave Obama four more years will lap the “blame Republicans” pablum up like government cheese.

MidniteRambler on February 1, 2013 at 9:10 AM

“eliminate pay disparities”———-assuming you have a job of course.

PappyD61 on February 1, 2013 at 9:06 AM

Just do it Democrat style. Eliminate jobs so more people are “equal” in the amount they are not getting paid. Work is for losers so long as one has Obamacare, Obamaphones, and Obamabucks.

Happy Nomad on February 1, 2013 at 9:11 AM

Well I just heard that Obama supporter Ed Koch didn’t react well at all to Hagel’s performance. Now if only Harry Reid and Nancy Pelosi and Hillary Clinton and John Kerry … … and yes, Barack Obama, would all react in the very same way.

VorDaj on February 1, 2013 at 9:12 AM

“We’ve turned the corner!!”

Baxter Greene on February 1, 2013 at 8:56 AM

How many corners are there?

Fallon on February 1, 2013 at 9:12 AM

8.5 MILLION AMERICANS LEFT THE LABOUR FORCE IN OBAMA’S FIRST TERM

The Bureau of Labor Statistics released jobs numbers for January Friday showing that nonfarm payroll employment increased by 157,000 and the unemployment rate rose to 7.9 percent.

Lost in these headline numbers was another rise in the number of people not in the labor force.

THIS NUMBER NOW STANDS AT A STAGGERING 89.008 MILLION, UP FROM 80.5 MILLION WHEN PRESIDENT OBAMA TOOK OFFICE.

This means that THERE ARE CURRENTLY 8.5 MILLION MORE AMERICANS NOT IN THE LABOR FORCE THAN JUST FOUR YEARS AGO.

Forget all the other numbers.

This continued explosion of people not in the labor force should be tremendously concerning as it represents an obstacle for the government to ever balance the budget without drastically raising taxes on those still working.

http://newsbusters.org/blogs/noel-sheppard/2013/02/01/85-million-americans-left-labor-force-obamas-first-term#ixzz2Jehi6Wet

Resist We Much on February 1, 2013 at 9:12 AM

For the cheeeeeeeldren /

tommy71 on February 1, 2013 at 9:13 AM

So clearly our problems are because we are not spending enough…..
…really…this is what the “smartest people in the room” are going with.

You just can’t make this sh!t up.

Baxter Greene on February 1, 2013 at 9:09 AM

Liberals have been saying that for years. When mention of the Great Society spending didn’t decrease poverty, Dems said we simply weren’t spending enough. So, they threw more money at poverty, and it didn’t work. So, it’s always been more, more, more!

Worse, they keep relaxing the restrictions, so people with EBT cards buy more junk food and McDonalds than anything else.

I don’t know which is worse with the system: The rampant corruption or the abject stupidity.

Liam on February 1, 2013 at 9:15 AM

So what does the rat-eared dictator talk about during his inagural speech? Gun-control, legitimizing sodomy, and global warming.

Happy Nomad on February 1, 2013 at 9:09 AM

I believe that is called “Panem et Circensus” with a little Cloward & Piven thrown in for good measure.

Fallon on February 1, 2013 at 9:16 AM

Happy Nomad on February 1, 2013 at 9:09 AM

Exactly….
liberalism is a cult.

They would sell out our economy and national security in pursuit of their activist/liberal agenda.

We have a President who only mentions the economy once in his inauguration speech because he is to busy going after our guns and global warming….

……..a new Secretary of State who thinks our foreign policy problems revolve around global warming…..

…..a proposed SecDef who promises to learn more about the job if they confirm him and states the Iranian elections are “legitimate”…..

A Vice President who is spearheading Obama’s gun ban initiatives that he readily admits won’t work to stop the killers from killing.

….a big deal jobs council that Obama brought in with over the top fanfare that hasn’t met in over a year…headed by one of the biggest job outsourcers in the country….and has now dis-banded…….
……….following the failure of Obama’s big deal debt/deficit group Simpson-bowles.

…we have democrats claiming that the only debt problems we have exist on FOX news.

..declares food stamps and unemployment benefits are a big help to the economy and proof that we are moving “forward”……

I mean come on….I don’t even think Jim Jones could have gotten his people to buy in to this insanity the way the cult of liberalism has done.

Baxter Greene on February 1, 2013 at 9:24 AM

Liam on February 1, 2013 at 9:15 AM

I’m going with the “abject stupidity” because it permeates their leadership which then leads to such failed policies.

Trillions more dollars have been spent on the war on poverty than all military wars put together.So their brilliant idea is to do more of the same.

Insanity.

Baxter Greene on February 1, 2013 at 9:27 AM

I

believe that is called “Panem et Circensus” with a little Cloward & Piven thrown in for good measure.

Fallon on February 1, 2013 at 9:16 AM

I disagree. Bread and Circuses were designed to entertain the public and make them forget their problems. The rat-eared wonder is intentionally trying to break this country up into factions. Right wing v. left wing. Traditional marriage supporters v. advocates of legitimizing sodomy. Citizens v. racist Hispanic hate groups. Honey Boo Boo fans v. Snookie groupies. Etc. The filthy bastard wants us at war over specific issues so that we do not unite over the dark things he does not want to discuss like the economy or his pathetic record of accomplishments. Divided he stands, united he falls.

Happy Nomad on February 1, 2013 at 9:29 AM

How many corners are there?

Fallon on February 1, 2013 at 9:12 AM

You can bet liberals are as good at geometry as they are at creating jobs.

Baxter Greene on February 1, 2013 at 9:30 AM

I mean come on….I don’t even think Jim Jones could have gotten his people to buy in to this insanity the way the cult of liberalism has done.

Baxter Greene on February 1, 2013 at 9:24 AM

At the end, Jim Jones had to force his followers to drink the poison. Obama’s followers would do so willingly for a “free” phone or “free” contraception.

Happy Nomad on February 1, 2013 at 9:34 AM

“…largely met the low expectations…”

That’s more like it. Now that I’ve modified my own expectations of politicians and the wisdom of the electorate down to about zero, everything is looking better.

Drained Brain on February 1, 2013 at 9:36 AM

Bread and Circuses were designed to entertain the public and make them forget their problems.

Happy Nomad on February 1, 2013 at 9:29 AM

I restpectfully disagree, HaNo. I know some liberal/socialists who are very entertained by all the “social justice” this president is throwing into the faces of the racist, homophobic, bitter, gun clinging, worse than Hitler types (h/t Gutfeld). They don’t care about the economy.

As conservatives, we’ve been put in the cheap seats but there is a circus going on (and free bread is getting tossed to the crowd). It just isn’t very entertaining to us.

Fallon on February 1, 2013 at 9:42 AM

“restpectfully”? Okay, let’s go with that…

Fallon on February 1, 2013 at 9:43 AM

8.5 MILLION AMERICANS LEFT THE LABOUR FORCE IN OBAMA’S FIRST TERM

Resist We Much on February 1, 2013 at 9:12 AM

And a lot of those were under 65 years old. The January unseasoned labor participation rates for those 16-64 and those 65 and older (calculated from Table A-8):

16-64: 1/2009 – 74.6%, 1/2010 – 73.7%, 1/2011 – 73.1%, 1/2012 – 72.6%, 1/2013 – 72.7%

65 and older: 1/2009 – 22.7%, 1/2010 – 22.8%, 1/2011 – 23.2%, 1/2012 – 24.1%, 1/2013 – 24.8%

It’s not your imagination that the workers are getting older.

Steve Eggleston on February 1, 2013 at 9:43 AM

We’ve turned the corner!!”

Baxter Greene on February 1, 2013 at 8:56 AM

How many corners are there?

Fallon on February 1, 2013 at 9:12 AM

It’s a fscking roundabout.

Steve Eggleston on February 1, 2013 at 9:44 AM

Hey, Where are all the trolls acknowledging Obama’s ownership of this debacle?

Galt2009 on February 1, 2013 at 9:44 AM

Remember…the same people who told us that Obamacare was a “jobs bill”….that they didn’t support war…..that they would close Gitmo…..that billions of taxpayer dollars sunk into wind mills/solar panels would create hundreds of thousands of jobs….that Obama would reduce the deficit and solve high unemployment……that Libya and Obama’s support for the muslim brotherhood in Egypt were foreign policy success’s…….al-qaeda was “on the run”…..
…………..also told us how stupid it is to have armed guards in a school.

Armed guard disarmed teen in Atlanta school shooting, says police chief
http://www.sltrib.com/sltrib/world/55742445-68/shooting-atlanta-police-says.html.csp

…….you can bet that if the Newtown killer had been met with this armed guard instead of a principle with her hand up in the air…..those kids would still be alive.
But hey…lets gut the 2nd amendment and disarm law abiding citizens instead….it’s “common” sense.

Baxter Greene on February 1, 2013 at 9:44 AM

But…King Hussein has a 60% approval rating. Da peoples loves him!

This once great country is in a death spiral. It makes you wonder which will come first? Total economic collapse or full scale invasion by a foreign country due to a weakened military? This will be Barack Hussein Obama’s legacy.

By the by, has anyone noticed that California is fixin’ to become the upper most Northern part of Mexico officially?

http://www.reuters.com/article/2013/02/01/us-usa-population-california-idUSBRE91006920130201

Rockshine on February 1, 2013 at 9:45 AM

Obama’s followers would do so willingly for a “free” phone or “free” contraception.

Happy Nomad on February 1, 2013 at 9:34 AM

…..and declare that they saved the lives of polar bears in the process.

Baxter Greene on February 1, 2013 at 9:46 AM

I still cannot get over the fact that people somehow find sustained high unemployment over several YEARS acceptable. The media has done a number on this country, and we’re all going to be paying for it for quite some time.

changer1701 on February 1, 2013 at 9:50 AM

It’s a fscking roundabout.

Steve Eggleston on February 1, 2013 at 9:44 AM

How about “circle jerk”…………

Baxter Greene on February 1, 2013 at 9:54 AM

Now here’s a question for you.

Which was greater: the number of people who got jobs or the number who were put on Social Security disability?

PackerBronco on February 1, 2013 at 9:55 AM

14 January 2013:

“Right now, OUR ECONOMY IS GROWING…”

- President Barack Obama, Presidential press conference

30 January 2013:

“The Commerce Department said Wednesday that THE ECONOMY CONTRACTED AT AN ANNUAL RATE OF -0.1 PERCENT IN THE FOURTH QUARTER.”

- Associated Press

30 January 2013:

“[The President's Jobs Council was] a group he created that did very effective work on behalf of the country and this administration and this President for two years. IT WAS A TWO-YEAR CHARTER AND THE CHARTER HAS EXPIRED And we will continue to engage with the business community. I MEAN, THIS FIXATION ON AN ENTITY THAT THE PRESIDENT HIMSELF CREATED CONVENIENTLY IGNORES ALL OF THE WORK THAT THE PRESIDENT HAS DONE TOWARDS CREATING JOBS AND FOSTERING ECONOMIC GROWTH.”

- Jay Carney, Daily Press Briefing

1 February 2013:

“The unemployment rate edged higher to 7.9 percent.”

- CNBC.com

30 January 2013:

“But the fact is that compared, especially to the record and the situation that the President inherited, WE HAVE SEEN ECONOMIC GROWTH AND JOB CREATION, INCLUDING 2 MILLION JOBS IN THE LAST CALENDAR YEAR.”

– Jay Carney, Daily Press Briefing

1 February 2013:

“The number of Americans not in the labor force grew by 169,000 in January, according to the Bureau of Labor Statistics’ latest jobs report.”

- CNSnews.com, based on http://www.bls.gov/news.release/empsit.nr0.htm

1 February 2013:

“THERE ARE CURRENTLY 8.5 MILLION MORE AMERICANS NOT IN THE LABOR FORCE THAN JUST FOUR YEARS AGO.”

Resist We Much on February 1, 2013 at 9:58 AM

Troll-Free thread?

The Adults are in charge!

Del Dolemonte on February 1, 2013 at 9:58 AM

Resist We Much on February 1, 2013 at 9:58 AM

It must be Opposite’s Month or sumthin…

Resist We Much on February 1, 2013 at 9:59 AM

Wouldn’t it have been fabulous if the media had discussed this in October 2012?

Cindy Munford on February 1, 2013 at 10:01 AM

But what difference does it make at this point? We’re well on our way to a socialist utopia…

Pest on February 1, 2013 at 10:12 AM

I note that the Govt. kept the number at 7.9% by eliminating 169,000 people without jobs from the workforce in January.

tommyboy on February 1, 2013 at 10:14 AM

Anyone feel another expensive vacation coming on for the royal couple?

Sandybourne on February 1, 2013 at 10:22 AM

How many corners are there?

Fallon on February 1, 2013 at 9:12 AM

Whats that old physics question? Oh yeah, “if a drunk grabs a light pole and walks around it all night does (s)he do any work?”

chemman on February 1, 2013 at 10:34 AM

The US economy added a net 157,000 jobs, but the unemployment rate went up by a tenth of a point to 7.9%:

How dare you print that! Harry Reid says that we’re in “recovery”.

GarandFan on February 1, 2013 at 10:42 AM

changer1701 on February 1, 2013 at 9:50 AM

I will admit I have a grudging admiration for Obama’s near-magical–dare I say teflon?–ability to deflect any and all responsibility for the continuing economic disaster that is his presidency.

51% of the US electorate thought this malevolent clown deserved four more years in office, and his approval rating still hovers around 50%. Obama should be right down there in the historical discussion with James Buchanan, for Fluke’s sake.

MidniteRambler on February 1, 2013 at 10:45 AM

The on-air personalities were singing the praises of this job report, regardless of what they wrote.

tbrickert on February 1, 2013 at 10:51 AM

at cnbc, forgot that part

tbrickert on February 1, 2013 at 10:51 AM

Ed -

Know what we need with unemployment rising? Amnesty! That will serve as a magnet to attract several million additional uneducated, unqualified people that don’t speak English and don’t necessarily wish to assimilate. But, they sure like free stuff, don’t they?

bw222 on February 1, 2013 at 11:07 AM

The on-air personalities were singing the praises of this job report, regardless of what they wrote.

tbrickert on February 1, 2013 at 10:51 AM

Yea…
………….I remember when 4.5% unemployment,running 200 billion dollar deficits…..7 trillion in debt…..and 5% GDP were considered “an economic crises that threatened the future of our Children”

…..Now 7.9% unemployment….1.5 trillion dollar deficits….16 trillion in debt…and -.1 GDP is “Great News”…..”Forward”.

Amazing what a (D) can do.

Baxter Greene on February 1, 2013 at 11:11 AM

“THERE ARE CURRENTLY 8.5 MILLION MORE AMERICANS NOT IN THE LABOR FORCE THAN JUST FOUR YEARS AGO.”

Resist We Much on February 1, 2013 at 9:58 AM

….and of course democrats don’t want them back in the labor force or unemployment would be over 11%.

Baxter Greene on February 1, 2013 at 11:13 AM

….and of course democrats don’t want them back in the labor force or unemployment would be over 11%.

Baxter Greene on February 1, 2013 at 11:13 AM

To be precise, if the labor force participation rate were unchanged from January 2009, the official unemployment rate in January 2013 would be 10.9%, gradually inching up from a low of 10.6% in October.

DKCZ on February 1, 2013 at 11:31 AM

If the 20-24 and 25-54 age groups had a net loss of 205,000 jobs in Jan, and that was offset by low quality jobs gains in the 16-19 age group [source BLS], what does that tell you about the worst economic recovery in history from a trough

HAGGS99 on February 1, 2013 at 11:44 AM

But but but but Big Bird, Binders, and Bayonets !!!!!

FORWARD!

corujodp on February 1, 2013 at 11:58 AM

But Beyonce said the economy was surging and would only get bad again if we elected the evil Mitt Romney!

Jack_Burton on February 1, 2013 at 12:17 PM

“We’ve turned the corner!!”

Baxter Greene on February 1, 2013 at 8:56 AM
How many corners are there?

Fallon on February 1, 2013 at 9:12 AM

Only four.

But the morons just keep walking around and around the same building……

Tenwheeler on February 1, 2013 at 12:19 PM

Many thanks to the 51% of American the re-elected the President. Now we can fully experience the Carter-malaise that was so ruthlessly cut short by Ronny Ray-gun in 1980!!!

Yay malaise!

powerpickle on February 1, 2013 at 12:20 PM

Wouldn’t it have been fabulous if the media had discussed this in October 2012?Cindy Munford on February 1, 2013 at 10:01 AM

Fixed it for you Cindy.

Tenwheeler on February 1, 2013 at 12:21 PM

January jobs report: Unemployment rises to 7.9%

UNEXPECTEDLY!!

Bitter Clinger on February 1, 2013 at 12:23 PM

And I read a headline that said stock market rises on upbeat data.. Upbeat data? WTF?

sandee on February 1, 2013 at 12:30 PM

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