2012 Presidential Election (free for all edition)

[Slingin Sammy 33]

Originally Posted by 12thMan

JOBS: NFP added 114K jobs; 86K jobs revised upward previous 2 months; Labor force participation ticked up a tenth, suggesting rate didn't drop due to less people looking for work.

Unemployment rate at 7.8%, lower than when Obama took office. More work to do.

LOTS more work to do. From BLS:

http://www.bls.gov/news.release/pdf/empsit.pdf

Over the past 12 months, average hourly earnings have risen by 1.8 percent. That's less than the annual inflation rate.

The number of

long-term unemployed (those jobless for 27 weeks or more) was little changed

at 4.8 million and accounted for 40.1 percent of the unemployed.

The overall trend in the employment-population ratio for this year has been flat.