During February, while talk about how the government was going to cut $85 billion in spending on March 1 got blanket coverage from every outlet that provides political or economic news, employers chose to add 236,000 workers to their payrolls.
388,000 people filed initial claims for unemployment benefits last week, a massive 46,000 increase over the previous week’s report that brings the measure to its highest level in four months.
Although failed President Barack Obama’s disasterous economy added only 114,000 jobs in September, data manipulation by the Bureau of Labor Statistics showed the top-line Unemployment Rate number falling to 7.8%.
The faltering economy created by Barack Obama’s failed policies grew at a dismal annualized rate of 1.3% in the second quarter of 2012, which is a downward revision from the pathetic 1.7% the government had previously predicted.
Weekly jobless claims spiked to 382,000 last week from an upwardly adjusted 367,000 the week before, topping analyst expectations by 12,000.
The Unemployment Rate under Barack Obama’s dismal economy rose to 8.3% in July, marking Obama’s 41st month of Unemployment over 8%.
Barack Obama’s stagnant economy saw first-time jobless claims rise again, up to 365,000 last week.
Last week, the government reported that 367,000 Americans applied for Unemployment checks. This week, the government reported that 370,000 Americans applied for Unemployment checks. So how is this information reported by the Associated Press and the rest of the Obama loving media?
Fudged statistics allowed the failed Obama Administration’s BS, sorry BLS, to drop the April unemployment rate by 0.1% to 8.1% even though only 115,000 people found jobs during the month.
Like clockwork, the Bureau of Labor Statistics reported that initial claims for unemployment came in higher than expectations last week. And, also like clockwork, last week’s number of reported initial claims was revised upwards so that this jump in claims could be reported as a drop in claims.