U.S. jobless claims fall, four-week average lowest since 2006 http://t.co/1A1XccIezi— Reuters Top News (@Reuters) August 7, 2014
A record-setting 53 straight months of positive job growth
Not only have there been 53 straight months of positive job growth (a record!), but each of the past six months have seen 200,000+ jobs added to the economy.
Oh, and the stock market has doubled during his time as President…
Remind me again what a terrible job President Obama is doing?
Worst Socialist President Ever
The number of people applying for jobless benefits tumbled to the lowest level in 8 years: http://t.co/1pKhByUtkk pic.twitter.com/gKvoIAahu2
— MarketWatch (@MarketWatch) July 24, 2014
Tweet of the day
Unemployment drops to 6.3% – lowest level since September 2008
U.S. employers added 288,000 jobs in April. This marks the most new jobs in a single month in two years.
The Labor Department also said Friday that the unemployment rate sank to 6.3 percent, its lowest level since September 2008, from 6.7 percent in March.
Employers have now added an average of 238,000 jobs the past three months, up from 167,000 in the previous three.
Hiring last month was broad-based and included higher-paying jobs: Manufacturing gained 12,000, construction 32,000. Professional and technical services, which include accounting and engineering positions, added 25,100 jobs.
High By Republican Design
Truth.
Unemployment is high by Republican design. Don’t be fooled. Since the day Pres. Obama was sworn in Republicans have conspired to keep unemployment high and wages low by blocking every single jobs bill and deliberately sabotaging the economy by way of manufactured crises.
Anti-gay Brian Brown whines about Kentucky marriage equality ruling
Brian Brown, president of the anti-gay hate group National Organization for Marriage, issued this statement today after a federal judge ruled Kentucky’s ban on recognition of same-sex marriages from other states was unconstitutional based on the 14th Amendment:
“Today yet another federal judge has entered the competition for lawlessness on the marriage front,” said Brian Brown, NOM President.
“Today’s decision emphasizes the need for Congressional action to prevent our states’ marriage laws from spiraling further into chaos.
“Congress needs to explicitly reinforce the sovereign right of the states to make their own determinations regarding marriage, and to have those determinations respected by the federal government-which would include having those determinations protected from coerced modification through dubious readings of the 14th amendment such as we have here.”
I would suggest that, instead of “lawlessness,” perhaps the problem isn’t with the judges who rule over and over and over again on the unconstitutionality of these laws.
When so many courts cases (Prop 8; DOMA; marriage equality in Oklahoma, Kentucky, Utah) come to the same conclusion – maybe it’s not the judges.
Maybe, Brian Brown, the problem is you.
Unemployment drops to 6.6% – lowest rate since October 2008
The Labor Department says employers added 113,000 jobs, less than the average monthly gain of 194,000 in 2013.
Still, more people began looking for work in January, a sign that they were optimistic about finding work. Some of these people found jobs, thereby reducing the unemployment rate to 6.6 percent.
That’s the lowest rate since October 2008.
More at Huffington Post
Unemployment drops to 6.7%; November revised adding 38K more than previously thought
New job hires rose only 74,000 in December, the smallest increase since January 2011, and the unemployment rate fell 0.3 percentage point to 6.7 percent, the Labor Department said on Friday.
The unemployment rate was the lowest since October 2008.
The step back in hiring is at odds with other employment indicators that have painted an upbeat picture of the jobs market. The data showed that 38,000 more jobs were added in November than previously reported.
“It looks like it’s a weather issue. Construction firms cut 16,000 jobs, the biggest drop in 20 months, and there was a 1,000 job drop in transportation. People will focus on the unemployment rate drop and the upward revision to the prior month,” said John Canally, an economist for LPL Financial in Boston
Construction employment fell for the first time since May and leisure and hospitality payrolls rose marginally, suggesting that extremely cold weather in some parts of the country had held back hiring.
(via Yahoo News)
Unemployment drops to 7.2%
The U.S. economy added 148,000 jobs in September, suggesting that employers held back on hiring before a 16-day partial government shutdown began Oct. 1.
Still, hiring was strong enough to lower the unemployment rate. The Labor Department said Tuesday that the rate fell to 7.2 percent, down from 7.3 percent in August and nearly a five-year low.
More at the Huffington Post.