The RoanokeSlant

This file is a US personal journal of commentary of examples of the Roanoke Times and Liberal Media Slant...... lbhagen@aol.com .......The Google Blogspot Cookie Notice is required for the EU!

Saturday, April 07, 2012

 

Obama’s “Welcome” Jobs News Is That Workers Stopped Looking For Work

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Roanoke Times, 4-7-12, Pg 3: Hiring drop undermines recent positive reports. Only about half as many jobs as expected were added in March. Unemployment dropped to 8.2% because workers stopped looking for work. Oil prices jumped to $103 per barrel and gas jumped to $3.94 per gallon.
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Obama said “we welcome” the added jobs and the decline in the unemployment rate.
http://www.businessweek.com/news/2012-04-07/employment-increase-in-u-dot-s-dot-trails-most-pessimistic-forecasts
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Why would Obama welcome the 120,000 increase in payrolls reported by the Labor Department in Washington yesterday, which was the smallest in five months?
The data also showed the unemployment rate fell to 8.2 percent as people left the labor force, while workers put in fewer hours.
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What has been Obama’s focus for the past month? Is it Jobs? No; he’s to busy courting millions of women voters who can’t find good jobs! How’s that going to work out for him? His big sales pitch: He’s giving them all the “free” birth control pills they want at taxpayer’s expense.
That’s Priceless and so Obama! He’s our very own Evita!
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FoxBusiness News” Time To Focus On the Real Unemployment Rate
Forget the official 8.2% unemployment rate. Take a hard look instead at what’s known as the U6 rate, which tracks not only those out of work but those who’ve essentially given up looking for work.
Mathur said about 43% of the 12.8 million Americans officially labeled out of work fall into the category of the long-term unemployed, “which is huge, we’ve never seen those kinds of numbers in any recession,” she said.
http://www.foxbusiness.com/economy/2012/04/06/time-to-focus-on-real-unemployment-rate/
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Where’s the news about the 357,000 New Unemployment Claims for the last week of March?
http://www.dol.gov/opa/media/press/eta/ui/current.htm
Obama says he’s pleased with 120,000 new job hires, BUT totally ignores the 357,000 New Unemployment Claims for the last week of March.
That’s a net loss of ONE-QUARTER MILLION jobs isn’t it?
Where’s that on his Teleprompter?
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"It is increasingly clear the Obama economy is not working and that after three years in office the president's excuses have run out," Romney said, hitting a theme underpinning his bid to evict Obama after a single term.
http://news.yahoo.com/us-unemployment-drops-8-2-march-004503320.html
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Obama’s calling Romney out of touch while welcoming these dismal outcomes that reflect his policies and actions! Talk about Chicago Jive!
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"If you voted for Barack Obama in 2008 to prove you're not a racist,
You'll have to vote for someone else in 2012 to prove you're not an idiot."
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http://roanokeslant.blogspot.com/2012/04/obama-rejected-disconnected-erratic-and.html
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http://roanokeslant.blogspot.com/2012/03/obamas-economic-plan.html
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http://roanokeslant.blogspot.com/2011/12/capitol-hill-productivity-slides.html
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http://roanokeslant.blogspot.com/2011/10/obama-campaigner-and-manipulator-in.html
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