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2012 Presidential Election (free for all edition)

Debating with the enemy


 
 
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Old 10-05-2012, 01:04 PM   #11
Slingin Sammy 33
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Re: 2012 Presidential Election (free for all edition)

Quote:
Originally Posted by 12thMan View Post
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.
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