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February 3rd, 2012
05:14 PM ET

Despite strong jobs report, unemployment 'needs to go up again'

The January jobs report–hiring surged, while unemployment fell–sent a spike through the markets on Friday, but CNN's Erin Burnett says there's a catch. "This is a really good jobs report," Burnett told CNN's Wolf Blitzer. "It's been five months in a row that we've seen the unemployment rate drop. That is very, very significant." But for a full economic recovery, expect the unemployment rate to rise. "At some point before it recovers, it actually needs to go up again."

As Burnett explains, the jobs report only includes Americans who have been actively searching for a job in the last month–but there are many more who've quit looking out of frustration. "There's several million people who are truly disenfranchised," says Burnett. As the labor market improves, those people will start looking again–and that will cause the unemployment numbers to pop up. "Even though it's going down now, at some point...it actually needs to go up."

The unexpectedly strong jobs report was nonetheless welcome news on Wall Street, as CNNMoney reports:

The rally pushed pushed the Dow, up more than 5% in 2012, to its highest level since May 2008. The Nasdaq, up more than 11% for the year, climbed to its highest level since December 2000. The S&P 500 has gained almost 7% this year, and finished at a six-month high.

Economists had expected a slowdown in post-holiday hiring, considering that about 40,000 temporary couriers were hired for the holidays alone..

"The jobs data blew away market expectations," noted Marc Chandler, global head of currency strategy at Brown Brothers Harriman, calling it a "monster" jobs report. "This coupled with other recent reports for January, show the year has begun off on a firm note," he added.


Filed under: Economic Strike Team • Economy
soundoff (220 Responses)
  1. invertornite klimatici

    Normally I don't plow through view on net, however I crave to say that best write-up perfect compelled me to take a look at and do so! your good manner of writing taste has been amazed me. much obliged, quite presentable view.

    April 12, 2012 at 6:35 am | Reply
  2. gary

    Funny how Newt basically said the same thing but was called a liar by Politicfact. They claimed the numbers of people not looking for work are already accounted for so Newt is a liar rather than resoning these people will start to look for work again. Social welfare is not permanent for most.

    March 1, 2012 at 4:17 pm | Reply
  3. T

    Stop blaming Obama, siily you. He has not fail. If you want a job go to K-mart, Wal-mal or pet mart. For those who think that he is the cause of all of this, think again. You need to put your thinkers cap on and start thinking for yourself and not letting the GOP think for you.

    February 29, 2012 at 2:30 pm | Reply
    • Charity

      I know this is a few months late but I sincerely agree about those places just from personal experience!!!!! Not only have I had some tough experiences with the job market (it doesn't help that I'm still in college and, though it is a few years, I relatively don't have much job experience especially "professionally") but I recently very easily got a job that will give me almost full-time hours at Wal-mart. Why? Well great partly because there's soon going to be a brand new one 10 miles from where I live! Plus us new hires got told that there plans to be SEVENTEEN new ones within the next FOUR years in the area where I live which is St Paul & Minneapolis, MN! No, it's not a glamorous job and it only pays barely over minimum wage but it's something plus with that many there's definitely room to get promoted.

      July 20, 2012 at 12:32 pm | Reply
  4. T

    I would like to know how our President fail us ? Silly you, he is doing his best. The big questiion is have you fail yourself. STOP blaming everthing on Obama just because you dont like him. Look at the big picture things are getting better. Plus went he got into office it was screw.......for those who think he started this , think again, You are letting the GOP think for you. Put on your own thinkers cap on and stop letting them think for you........GET REAL because most Americans know what is really going on........

    February 29, 2012 at 2:27 pm | Reply
  5. David in Tampa

    I work for a F500 company. We received a 3% bonus this year and our pay increase was 2.5%

    February 29, 2012 at 5:19 am | Reply
    • Elaine

      First of all you can't blame Obama for everything...Blame the "FORMER" presidents who did things according to their beliefs and who made a profit and lined their pockets along with all of Capitol Hill (congress, supreme court etc.., )Corporate Lawyers, CEO's, Banks, Corp's wh moved jobs overseas etc..not to mention the ones in office who continue to defraud and pocket "hidden" funds lying in a bogus account somewhere in the local governments nation wide, the Federal gov't etc...Look at California where a mayor was making $500K etc... So the bottom line is ...everyone is looking out for #1 THEMELF...they don't give a rats behind about what you think and feel ...and especially our politicians in office and those running for office...records show they are all living high on the hog and still getting paid while most of the US is on unemployment and struggling and people trying to make ends meet...but I don't see any of your elected officials quick runninf to OUR aid or to help the economic crisis...as long as they and their own are taken care of they don't give a ***about you and your family or job issues etc...WHY? because THEY are part of the problem of the state we are in...I work for a local government in Nevada and I can tell you we keep getting pay cuts along with pay freezes etc.. while the upper management and administration is doing just fine...EQUALITY you say? NOT...Why are these people getting paid bookoo bucks with bonuses, longevity, perks etc...They are there to do a job just like everyone else...ok some have a degree-so what...I know alot of educated fools who just sit in a office doing nothing...I'll tell you waht needs to be done the FEDS need to do an 'AUDIT" of all the higher ups and see what they are really doing-because I can tell you working hard is NOT one of those things...and get rid of the six figures+ and take some of that $$$ and create MORE jobs instead of one person getting paid in the hundreds of thousands sitting in a office making everyone believe they are working hard when in reality it is the STAFF who are doing all the work and if the STAFF are doing all the work then why do we need so many freaking people in corporate and these "glorified positions? Pay them a decent amount for a job done-NOT a job others do...GET REAL and wake up America -we will be like Greece pretty soon if not there already....

      February 29, 2012 at 7:41 pm | Reply
  6. dubya

    Dubya padded the numbers too his 7.9% when obama took office didnt include millions that quit looking. true number under bush 20%

    February 4, 2012 at 8:05 am | Reply
    • Dan

      A silly comment by a blithering idiot.

      February 6, 2012 at 8:03 pm | Reply
    • Robert Johnson

      Check your facts. Under GW Bush, the real unemployment rate, U6, got to slightly over 10% in 2003 and dropped to 8% in 2007. Since 2009, it has been frequently greater than 16%. The latest figure is around 15%.

      February 28, 2012 at 1:00 am | Reply
    • Layne

      I thought it was the Bureau of Labor Statistics, not the President, who released the unemployment numbers.

      February 28, 2012 at 7:11 am | Reply
  7. JT

    Right in time for the election, how convenient.

    February 4, 2012 at 7:46 am | Reply
  8. Lauren

    This is an excellent jobs report. Unfortunately, the sad truth that has come out of the 2008 economic crash: 1) many of the jobs that were lost are NEVER coming back, and if they are it is with new efficiencies so less people are needed. 2) corporations have learned that they had inflated payrolls and can get more work wtih less people. So, you want to get the unemployment rate down...business as usual will have to change. Education and innovation are critical.

    February 4, 2012 at 7:24 am | Reply
    • AmesIA

      There is the "survivor fatigue" factor as well. Part of the problem with the current job market is that many employers won't hire someone that is currently unemployed, considering them "damaged goods". Once there are more jobs available expect to see many of those that have been locked into longer hours and more stress to start looking for other options. Overall this process will make the job market fluid again. Similar to the housing crisis where many might move if they could sell their house, many will leave their jobs if there are options available.

      February 7, 2012 at 12:45 pm | Reply
  9. John S

    Thank you Erin for pointing out what a lot of the news media misses. That the participation rate has been going down. Which means a lot of Americans who are could be seeking employment are not. Some would say these jobs numbers are sort of a false positive. because we still have a significant number of Americans who are under employed or simply not seeking employment. Its nice the see a number like 243,000 but let's not get too excited with just one month.

    February 4, 2012 at 7:08 am | Reply
  10. tim

    Stock market up, unemployment down, jobs are coming back to this country. Man, I've never seen my Republican friends so bummed out.

    February 4, 2012 at 7:06 am | Reply
    • STEVE

      Not that it matters at least to those who believe this numbers. however a better take on the unemployment picture is the work force to population ratio. should be around 65% we are just above 57% now. because if it takes 250,000 jobs a month to keep up with population how does the number go down when less is created.

      February 4, 2012 at 7:30 am | Reply
    • Jstic

      And isn't that sad that someone would be bummed out about good economic news. It really hits the nail on the head when I see posts like this. One thing that has becoming increasingly clear to me since 2008, is that there are many, many Republicans who are rooting for the economy to continue to decline in the hopes that it will return a Republican to the White House. It is these individuals who I will scoff at the hardest when Obama is re-elected. They and their Congressional accomplices have done nothing but try and blame Obama for George Bush's economic disaster of a presidency, and give him ZERO credit for all the good he had done, like killing Bin Laden, helping to oust Ghadafi, saving the American auto industry, helping keep unemployment from going to 15% with the ARRA program, helping millions of Americans who are underwater with their homes, and the list goes on......

      February 11, 2012 at 1:22 pm | Reply
  11. eviator007

    Let's keep focused on the real issue here. Slowy but surely the economy is getting back on track. As any one who has gone to business school can attest, the economy cycle has continue to develop. It only stagnate during the "King Bush years" , attesting to his total ignorance of the economy and the republican party quest for destroying the middle class in America. Many of today's problems did not happen to start overnight, neither they did on nov 4, 2008. Like I said at the beginning of this post, the economic cycle is something normal we go thru around every 4 years. President Obama has been able to take over the economic mess left by "King Bush" and turned it around in a short period of time. Now any sensible person will tell you that more time is needed to fully encompass the economic measures being set in place in order to fully recover our economy. To my friends in the republican party, Please accept my apologies for waking you up from the deep sleep of partisan politics. Is time to be more responsible to our fellow americans and once for all do what's right for our country. We should always stand united as one nation. Always as an American.

    February 4, 2012 at 6:55 am | Reply
  12. florence

    figures done lie, but liars do the figuring

    February 4, 2012 at 6:22 am | Reply
  13. blucorsair

    This article didn't take into account that 3 milliom people who gave up looking for work and it directly affects the numbers for unemployed! Even Erin Burnett is saying that unemployment will go back up! ....is this the 8th time that the recession has ended or what?

    February 4, 2012 at 6:10 am | Reply
  14. BOB

    good job report stock market went up gas went up food went up did not see anything about wages nothing about the eur this remines me of the housing when it was rising then bam the houses are not worth what we were paying for them. hang on the super smart greedy people are going to come tumbling down once agin no common sense here and god did not make this problem that is why he gave us free will so we could not draw him into our problems

    February 4, 2012 at 5:51 am | Reply
  15. Viv

    Read how the lobbyists have bought the GOP nominees. No wonder they want to repeal Dodd & Frank regulation, No wonder they to ban EPA etc. Read at cnbc website. "Big Political Donors and what they want".

    February 4, 2012 at 5:01 am | Reply
  16. Yeah but

    Jobs report is 'really good,' but ... he's still dead.

    February 4, 2012 at 4:50 am | Reply
  17. GIANTS_40 - PATRIOTS_10

    BREAKING NEWS...

    After further review, the unemployment rate dropped from 8.5% to 8.3%! Its a TOUCHDOWN! Sorry Mitt Romney and GOPbags. Obama/Biden 2012! Hahahahaha!

    February 4, 2012 at 4:37 am | Reply
  18. blucorsair

    i noticed that CNN's erin Burnett said that unemployment will go back up in this article and the fact that long-term unemployed weren't counted! Even the liberal Huffington post wrote a Jobs Repot report article stating that, "As many as 3 million Long-Term unemoployed not counted as jobless rate drops!" ....propaganda nothing more!

    February 4, 2012 at 4:26 am | Reply
  19. David

    All I know is I was unemployed in 2009 and I'm employed now making more than I did before this whole mess started. So....

    I'm happy to hear this. Enough of the cynicism.

    February 4, 2012 at 3:57 am | Reply
  20. Fox Storm

    CNN seems to be hoping it will go up agian. My brother found a job and my 401K has rebounded, why are you hoping it will go up agian? Maybe because CNN doesn't like the fact we have a black president. Erin is nice but everyone knows CNN is a bunch of 'old hating' racists....

    February 4, 2012 at 3:16 am | Reply
  21. dumb dumb dumb

    i love how the writers try to sound smart why the hell does unemployment need to rise before the economy gets better? that makes no sense at all. Whoever wrote this is throwing in this b.s fact for when the job market tanks again they can stand up and say I told you so then turn around and say now "let's wait it should go up again" why is that exactly. I didn't know these writers were employers as well.

    Even though it's going down now, at some point...it actually needs to go up. This is like saying what goes down must come up

    February 4, 2012 at 3:05 am | Reply
  22. Jeff

    America is screwed.....let's just admit it and get over it. Our president (Obama) has failed us.

    February 4, 2012 at 2:37 am | Reply
    • jason

      yeah, lets just give up and claim bankruptcy when we aren't even doing bad anymore..idiot

      March 2, 2012 at 9:16 am | Reply
      • Jasmin

        i am currently unpeyloemd and have been for the past year, i sign on at the job centre and use ebay for a small extra income. i would love to have a job and cant wait to have one, i also hate signing on and not feeling independent as people who sign on are seen as lazy and rough (to be honest from what i have seen this is mostly correct). for the first month of being unpeyloemd i figured it was due to my appearence (being slightly gothic) so i change my appearence for the better.

        May 24, 2012 at 10:17 am | Reply
  23. roberto

    People...it doesn't matter.The republican party already based their campaign strategy on the economy....having said that unemployment could drop to cero and there is always going to be a catch or a but or someone explaining why the numbers are fufu. On the other hand if the republicans were in power the democrats will be doing the same and downplaying their trump card. One thing is for sure...the jobs have and we need are two different things. We need our factories and industries back. American companies are getting tax deductions and exporting jobs overseas, that needs to end. A factory job goes overseas, the tax break ends period!!!

    February 4, 2012 at 1:37 am | Reply
  24. Keith T.

    My fellow humans.. Hello! There is no right or wrong here... only the status quo. So has it been for the history of our united states as it is today. Don't you see our every thought has come from the way we have been educated by the very elite and the media that is now running this country. You watch the news CBS< NBC<ABC<FOX<CNN not one can report the news without being unbiased. Do not believe them, everyone has their own agenda and like cattle being lead to slaughter, we fall in line. What we should be doing, is getting together and demanding change and never quit until things do change. No... we are to comfortable in our nice homes, driving our fancy cars, trying to be better than the next man. In the end we will all suffer, if they can find a way to tax air, we really would be SOL. Hey! learn from our history, no man on this earth will let another man oppress them for long before he fights back. We all should find a way to live together or die together if we don't. Remember war is hell, and no one wants to die, but die a man will for his freedom. You can vote either party, but demand the winners do our bidding, not theirs. An remember most politicians are Layers and the do lie.

    February 4, 2012 at 1:10 am | Reply
  25. JohnRJohnson

    Why are the CNN anchors so lame? This article is about the dumbest thing I've ever read here. Of course, the jobs report is good. Of course, things could be better. Duh! How about making some informed observations about why unemployment is still high, such as the fact that this country lost nearly 60,000 factories between 2000 and 2009. How about reporting that unemployment would be better if Republicans in Congress hadn't been obstructing every single jobs bill that the President has proposed in the last 12 months? How about challenging Republicans you interview on their lies and half-truths, instead of sitting there and nodding your heads? CNN is has become a journalistic joke.

    February 4, 2012 at 1:08 am | Reply
  26. popcorn

    People still losing interest with Government. It's useless they are doing protect themselves from jobs.

    February 4, 2012 at 12:49 am | Reply
  27. Lawrence Weisdorn

    The Bureau of Labor and Statistics reports that for Dec. 2011, there were 132,952,000 employed with an unemployment rate of 8.5%. They then report Jan. 2012 with 130,400,000 employed with an unemployment rate of only 8.3%. 2,500,000 fewer people employed yet the unemployment rate goes down. Sounds like Obamanomics to me.

    February 4, 2012 at 12:45 am | Reply
    • Laura

      You are correct, but the sad fact is that Bushonomics would work the same way.

      February 11, 2012 at 11:50 pm | Reply
  28. Plainpapa

    Now the GOP House & Senate will have to work even harder to try to trash the economy before November.

    February 4, 2012 at 12:36 am | Reply
  29. frankb

    ok

    February 4, 2012 at 12:29 am | Reply
  30. realmike

    I'm all for positive numbers, but I'll take this with a grain of salt at this point as I wonder how many are not being counted as unemployed. Remember there are people who can't collect benefits after 99 weeks? Right? So they aren't being counted?

    February 4, 2012 at 12:21 am | Reply
  31. gratular

    The stock market high today means NOTHING.. Its just a marker of how those whom watch the market feel, but has no bearing on the economy nor a sign that things are improving.. Every month this happens, some artificial "high" is created by the feelings of those whom work in and around the market.. Anyone to think this is "good" or "bad" news is a fool..

    February 4, 2012 at 12:05 am | Reply
  32. tlrobb

    23 months of positive job growth and still the Right claim things are worse now than they were at the beginning of Obama's term. Why cant you admit that things are getting better?

    February 4, 2012 at 12:03 am | Reply
  33. pogojo

    Thanks to the house for creating jobs.

    February 3, 2012 at 11:43 pm | Reply
  34. BJJSchecter

    but...that's not the real unemployment rate

    February 3, 2012 at 11:42 pm | Reply
  35. Oh no

    "Jobs report is 'really good,' but ... "

    I hate Obama, so it must be wrong.

    February 3, 2012 at 10:49 pm | Reply
  36. Tom

    This Obama guy is really something. Most presidents would need a decade to get the nation out of a mess like the one Bush gave us. 4 more years!!!!!!

    February 3, 2012 at 10:38 pm | Reply
  37. Brian

    Oh shoot I almost missed this great news because Donald Duck Trump was endorsing Wrongny! Take this Boehner and go have a good cry over it you putz

    February 3, 2012 at 10:37 pm | Reply
  38. Chris

    This is a pile of crap. I posted proof from the actual BLS website showing that the article is wrong. That comment never posted. However, that didn't stop the absolutely false claim that 1.2 million people were removed from the labor force from being posted. That kind of biased crap makes this site not worth reading.

    February 3, 2012 at 10:37 pm | Reply
  39. JackWagon

    I was in our nation's capital when John Boehner found out about the good news. He started crying like a baby and yelled "Oh my God, we'll never get a republican president in office now".

    February 3, 2012 at 10:36 pm | Reply
  40. Better luck next time

    "They're hiring, but they're not hiring with excitement."

    lol.

    Squirm baby, squirm.

    February 3, 2012 at 10:28 pm | Reply
  41. john cougar mellencamp

    OBAMA THE WINNER REPUBLICAN LOSERS

    February 3, 2012 at 10:26 pm | Reply
    • NetBrowser

      OMG John Cougar Mellencamp... I am SO sure...
      First off if you WERE John you would never have used Cougar in your username...
      And secondly if Mellencamp were to find out you're impersonating him I believe he'd kick your little poser gluteus... LOL
      If I run into him downtown during the SuperBowl festivities, I'll let him know to look for you on here.

      February 4, 2012 at 12:35 am | Reply
    • Fletch

      That's a very deep thought.

      February 4, 2012 at 1:09 am | Reply
    • Mike

      Barack Obama allowed the Department of Labor Statistics to behead those who had given up.

      February 4, 2012 at 4:19 am | Reply
    • David Marriott

      This is the 8th time the liberal attack media has stated that the recession is over with. ...don't get your hopes up!

      February 4, 2012 at 4:29 am | Reply
  42. john cougar mellencamp

    friggy

    February 3, 2012 at 10:22 pm | Reply
  43. Sam S

    Erin Burnett is always trying to find a republican angle on everything.
    And you can hear her say "Mmmm-Hmmm" every-time someone says something critical of Obama.
    Weird.

    February 3, 2012 at 10:10 pm | Reply
  44. esa

    i blame all side party, play game on poor people life

    February 3, 2012 at 10:01 pm | Reply
  45. Harry

    Between this and the Komen Foundation blunder (which likely convinced many women "on the fence" about re-electing Obama that Republicans will send them back to the 19th Century) I think barring a major blunder in coming months Obama's got it sewed up.......

    February 3, 2012 at 9:59 pm | Reply
    • Independent from NH

      Can you elaborate? No joke, I'm just curious what you mean about the Komen situation. Did the repubs have something to do with that? I haven't read up on it as I haven't had the time.

      Cheers.

      February 3, 2012 at 11:58 pm | Reply
    • That's A Big IF

      ....IF the election were held today, not 9 months from now – enough time to have a baby. Like 9 months ago we were worrying about a double dip recession and Obama was toast! So, who knows?.....

      February 4, 2012 at 7:34 am | Reply
    • AmesIA

      Don't worry even with the economy edging out of its nose dive, Newt will ultimately help Mitt cook up a nice laundry list of the 10 wedge issues that don't matter and the GOP PAC's will flood the airwaves in attack ads. Oh for the days when government governed instead of this endless game of destruction.

      February 7, 2012 at 12:53 pm | Reply
  46. Rob

    Accept GOP Obama is the chosen One!

    February 3, 2012 at 9:58 pm | Reply
  47. esa

    U blame all side play game on poor people life

    February 3, 2012 at 9:58 pm | Reply
  48. john cougar mellencamp

    froggy

    February 3, 2012 at 9:47 pm | Reply
  49. Upper man

    Well a better economy with more jobs doesn't help the Republicans. The rich intends to depress the economy so that they can lower wages, hire more temporary workers so that they don't have to pay for their health and insurance benefits. That is the future that of the 1%. The rich gets richer and the poor gets the change that the rich is willing to drop. Just ask Romney. he dropped some change to a poor old lady the other day. That is is how it should be. Any other poor folks left should sign up and join the ARMY to invade Iran and serve a foreign proxy. That is the way it should be. Amen.

    February 3, 2012 at 9:47 pm | Reply
  50. Sirned

    With the busting of Unions Lower wages follow. We need to raise the minimum wage. No one can even live in a box outside and live on 7.25 an hour with food and gas prices today. If businesses want customers workers need wages to buy products. The rich corporations are just going to have one less vacation home and that might help lift the boats of the poor and struggling middle class....

    February 3, 2012 at 9:39 pm | Reply
  51. Uncle Musty

    That number would change drastically if the 15 million under employed, one's who have given up or are not looking were included.

    February 3, 2012 at 9:29 pm | Reply
    • Better luck next time

      That number is always there, means nothing.

      Thanks for playing, try again.

      February 3, 2012 at 10:29 pm | Reply
    • tlrobb

      There has always been the underemployed. And even though there are more underemployed now than there were before the recession that simple fact is good for the economy. These under employed now have the money to feed their family and put gas in their cars. And even though they aren't living the lifestyle they were before the recession they are still adding to the economy.

      February 4, 2012 at 12:00 am | Reply
    • Matt

      Isn't that what this whole article is about? -duh-

      February 4, 2012 at 12:18 am | Reply
    • Adam

      Correct! The actual unemployment rate is most likely between 15% and 20% right now when you add those who are no longer on unemployment or looking, and even those lucky enough to have one or two part-time minimum wage jobs are still below the poverty line.

      The difference is clear: the median income per person in the US hovered around $27k, but the average income per person in the US is $40.5k per year.

      February 4, 2012 at 1:53 am | Reply
    • Paul Grant

      That's sort of the point Erin is making. Unemployment will tick back up, but that will be a function of an improving economy, rather than a worsening one. These statistical reporting rules were not put in place by the Democratic party by the way, but by Republicans in the Reagan era, to make things look like "Morning in America Again" When you get down to brass tacks, there are only 4 more people per hundred unemployed now, than there were at the very lowest reported figure under President Bush. This is a good reason to ignore unemployment data and focus on job creation numbers, which have improved for 23 months running. Is the economy in wonderful shape? Not by a long shot, but if you are a stats wonk, the job loss down turn that began in mid 2007 describes the classic bell curve as expected in a recovery.

      February 4, 2012 at 2:43 am | Reply
    • Nate (Seattle, WA)

      That's why we have multiple metrics to measure unemployment. We have U3, U6, and the participation rate. They're all meaningful, so long as you understand what they mean.

      There's no conspiracy here. You just don't understand economics.

      February 4, 2012 at 6:00 am | Reply
    • Andrew

      Brilliant job reit e rating the exact point of the article itself. Redu ndant much?

      ... Seriously CNN? What the h ll could your filters have picked up there?

      February 4, 2012 at 6:06 am | Reply
    • Andrew

      Brill iant job reit e ra ting the exact point of the article itself. Redu nda nt much?

      ... Seriously CNN? What the h ll could your filters have picked up there? LEARN TO CHECK FOR WHITESPACE!

      February 4, 2012 at 6:07 am | Reply
    • Rednip

      Yawn, the GOP has been crying about 'the real unemployment numbers' for years now. You'all said the exact same thing when Clinton was in office. Claiming every day that the world was just wrong, moaned that the first lady wasn't a lady, cried that his AG was a thug, and personally insulted him at every turn.

      I was a Republican at the time, but I haven't been for a decade now. Sure I wasn't a big supporter of that President at the time, but I saw much of the visceral discussion, especially on the internet. Once the dust cleared, it was obvious to me that the GOP was wrong all along.

      February 4, 2012 at 6:25 am | Reply
      • AmesIA

        Amen. My epiphany came in a caucus in Minnesota back in the 1980's when each vote involved all of the men looking to their pastor at the back of the room for guidance on each vote and their wives voting however their husbands did. No thanks.

        February 7, 2012 at 12:56 pm | Reply
  52. Bob

    This assessment is ludicrous. The unemployment numbers went down because the Bureau of Labor Statistics decreased the numbers for the total participants in the labor force by 1.2 million. This makes the unemployment numbers look better. In fact, if you adjusted for the longer term (several years) reduction in the labor force, real unemployment would surpass 11%.

    February 3, 2012 at 9:27 pm | Reply
    • Bob

      And did I mention that those 1.2 million are likely now on welfare and food stamps???

      February 3, 2012 at 9:30 pm | Reply
      • ThisSerious

        Again let me remind you. From August 2008 to April 2009 over 3 million jobs were lost! Its one metric, in a cloud of many economic metrics, that provides an indicator of the economy. You should just focus on the number of jobs created each month, 23 months of positve job growth, if that makes you feel better.

        February 3, 2012 at 10:14 pm | Reply
      • sosolly

        What would you suggest they do Bob eat out of the garbage cans? I'll bet a dollar you are one of those right wingnuts that has never had to worry about making a living in your life.

        February 3, 2012 at 11:19 pm | Reply
    • Steve-O

      Bob nailed it. The rate only declined due to a Record 1.2 million people who quit looking for work! Barack Obama, rebuilding America one welfare/food stamp recipient at a time. What a suprise that is unreported on CNN!

      February 3, 2012 at 10:34 pm | Reply
    • Hank in PA

      You seem a bit confused.

      The article itself tells us that the unemployment rate has declined in large part because of the number of people who have stopped looking for work.

      February 4, 2012 at 12:46 am | Reply
    • Mark

      Yeah right Bob, and your bias is as transparent as glass; you really should have left off the second comment.

      February 4, 2012 at 4:55 am | Reply
  53. IntlPol101

    Good for Erin! She actually brought up the true stats that have been missing from these reports. Millions of workers are lumped into the "not looking" or "discouraged" categories by the BLS.

    February 3, 2012 at 9:20 pm | Reply
  54. jerrycc

    If the govt. had stayed out of it the recession would have been over 3 yrs. ago like all the rest of them.

    February 3, 2012 at 9:12 pm | Reply
  55. nugy

    when i see the food stamp numbers come down then i will believe the job reports

    February 3, 2012 at 9:02 pm | Reply
  56. confused

    how do people call this a political gimmick or claim obama is messing with the numbers? the same people have released this data every month for decades. the employees that provide this data have been doing this through republican and democrat presidencies. it goes up and it goes down. not everything is a conspiracy against you despite what you may hear on fox news.

    February 3, 2012 at 8:59 pm | Reply
  57. Tubby the Tuba Texas

    It has always been that way, with people who give up on job hunting that don't register for support, so why is it that for this President we are trying to make it sound like it is his fault? Remeber this is the worst recession since the 1929 Stock Market Crash. So no one has seen a recession like this in around 80 years! Quit looking a gift horse in the mouth! Give the man some credit...even if he is considered black by the south!

    February 3, 2012 at 8:58 pm | Reply
  58. Fredflintstone

    Tee Hee

    The stats say the employment went up 8.4 to 8.6

    Read the fine print: Error margin + or – 0.4.

    February 3, 2012 at 8:53 pm | Reply
  59. SoSad

    Bohner, or I could us another term, however, thank you for the left handed compliment to Obama. You should have just left it there. Then you go on and on and on, about what Obama should be doing. What should you be doing Bohner, and the rest of Congress, start working for the country, instead of one party work with both. Try saying the word COMPROMISE!

    February 3, 2012 at 8:53 pm | Reply
  60. Brice Z

    iI don't know what the real numbers are or aren't. All in know is that for the past 3 months I've had to work overtime for at least one night a week. This week we got bonuses for the first time in 4 years. My firm got awarded 3 large projects within the past 2 weeks. I'm in the design/construction industry which is supposedly a leading economic indicator. FWIW

    February 3, 2012 at 8:50 pm | Reply
  61. Floyd

    Wally World (and for that matter, Target and other retailers) are doing just dandy. It's poorly paid workers that are in trouble. (Want fries with that?).

    February 3, 2012 at 8:48 pm | Reply
  62. steve

    If all the people who have stopped looking for work in the jobs report were counted the unemployment rate would be a little over 15 per cent. By the time the election comes this administration will skew the numbers down to 8 per cent.

    February 3, 2012 at 8:43 pm | Reply
  63. RealityChecker

    It's all the fault of Republicans. Especially that two year period when it was even worse and Democrats were 100% in control.

    February 3, 2012 at 8:41 pm | Reply
    • Fig1024

      100% is a bit of an exaggeration, Dems never had the supermajority that would allow them to push bills thru. Instead Rep minority used the filibuster tactic to prevent Dems from passing any bills they didn't like. So in the end the only things that passed were things that Republicans have agreed to.

      February 3, 2012 at 8:52 pm | Reply
    • BRP

      Given that it requires 60 votes to get anything though the senate, the democrats were never 100% in control.

      February 3, 2012 at 9:03 pm | Reply
    • alinnc

      And all of those great ideas that the GOP has come up with, but not been able to pass because they are retreads of what caused the problem in the first place, have caused employment to increase?

      February 3, 2012 at 9:06 pm | Reply
    • Sam

      Agreed. What amazes me is that so many people blame the 'obstructionist republicans', forgeting that this president had a congressional supermajority for two years and did nothing about jobs but enact policies to kill them. The repubs, as bad as they are, have controlled 1/3 of govt for only the last year, and were put there by the American people in response to the policies of this administration, which have been at best disastrous for jobs.

      February 3, 2012 at 9:10 pm | Reply
    • NoMo

      Memo to all that continue to blame the "obstructionist republicans": They control 1/3 of govt and have done so for 12 months. The dems had a congressional supermajority and controlled 100% of govt and did nothing for jobs but kill them with a super tax disguised as a health care bill and one job killing, anti-business regulation after another, all for an additional SIX TRILLION DOLLARS IN NEW DEBT!!!!!! Obama lost this independent voter long ago, and no amount of job creation can undo what he's done.

      February 3, 2012 at 9:16 pm | Reply
    • Nagrad

      @RealityChecker You realize that economic policies take, on average, 18 months to really kick in and have an effect on the economy?

      Let me make an analogy. A doctor starts open heart surgery and accidentally pierces an artery causing massive blood loss. His shift ends so he leaves, and another doctor comes in and starts trying to repair the damage. For a few minutes the patient loses more and more blood and gets closer and closer to death, until the 2nd doctor can patch the artery and get back to the real business of fixing the heart. It wasn't the 2nd guy's fault, but it was "worse" during the beginning of his shift.

      To be clear, I realize that they don't swap out doctors mid-surgery for "shift endings" because they don't schedule them at the end of the surgeon's shift. It's just about the best analogy for the situation we had though, so there it is.

      February 3, 2012 at 9:25 pm | Reply
    • BoredWithYourStupidity

      You sir, are an idiot.

      February 3, 2012 at 9:32 pm | Reply
    • Adam

      Learn what the filibusterer is.

      February 3, 2012 at 9:33 pm | Reply
      • Joel

        And what exactly was filibustered the 1st two years of Obama when he had a supermajority in both houses? The stupidity of the sheep never ceases to amaze me.

        February 3, 2012 at 9:56 pm | Reply
      • Judson

        So they could get Healthcare through a filibusterer, but they could not get anything else through? Maybe a lot of things like tax hikes they really had no interest in getting through?

        February 3, 2012 at 10:49 pm | Reply
      • FilibusterTalkingPoint

        How is it that when Bush had 0 control of anything the last two years he still go things he wanted passed and he didn't need to use the Democrat tactic of whining non stop about the other guy? Oh yea, because he was a leader and found a way to make the house and the senate work for him. I guess having a weak president like Obama who can't do that at all is a good thing as long as you always have a whiny excuse. The Democrats are pathetic compared to the Clinton years. All they do now is whine about how powerless they are as if that validates Obama being a lame duck president. You shouldn't be proud of your talking point of filibuster.

        February 4, 2012 at 12:28 am | Reply
    • MG.

      There's those jobs that the Republicans promised!

      February 4, 2012 at 4:37 am | Reply
  64. Walter

    The left always blamed Bush and Republicans when the economy was in the toilet. Now, suddenly, that things are getting a little better, it's because of Obama. Obama has done nothing to improve the situation for private jobs. The only kind of jobs Democrats create are government jobs – thankfully, those continue to decline.

    February 3, 2012 at 8:39 pm | Reply
  65. Chris

    If this story is correct, then why have we not seen unemployment rates "go back up" in previous times when there have been jobs recoveries. According to the official BLS statistics, there are currently about 6.3 million people who are not in the labor force who say they want a job now (a little under 2 million more than what is normal when unemployment rates are low). In January 1994 when there were about 6.7 million in that category. However, as jobs recovered in the mid 1990s, the unemployment rate did not go up significantly. Instead, the number of discouraged workers gradually declined as the rate continued to drop. That is also what happened after unemployment problems in 2003 as well. The number of discouraged workers always goes up when unemployment goes up, and they ease back down when the rate goes back down.

    February 3, 2012 at 8:36 pm | Reply
  66. Kojack45

    Hmm, the feds dropped off another tier of the unemployment which means thousands who are not employed lost their unemployment benefits. There goes your count. Never, ever, believe what the government puts in print. Their intent is to deceive you.

    February 3, 2012 at 8:25 pm | Reply
  67. Kaetra

    Life Sciences is hiring lots of people. There are definitely some industries out here that are in a high growth mode and desperately seeking educated workers.

    February 3, 2012 at 8:22 pm | Reply
  68. Bob Patriot

    Oh Boy! 8.3%......WOO HOO..... Yeah Obama....you did it! Just $5 Trillion added to the debt to get us to 8.3% unemployment. How about you count all the people who quit looking for work? How you count all the people who unemployed? On track to be over 20 TRILLION in Debt!!!!! Just who pay this back to China? ....

    February 3, 2012 at 8:21 pm | Reply
  69. Tiller

    There is nothing that Obama can do to make anyone say something good. Optimism must not make good news......So Sad

    February 3, 2012 at 8:19 pm | Reply
  70. me

    There was only one way to go but up, with ZERO help from the republicans but I'm sure they'll find SOMETHING to say to take credit....

    February 3, 2012 at 8:12 pm | Reply
  71. JimmySD

    I support Obama and commend him for his efforts in fighting the GOP obstructionists.

    That said, it really is time to revert back to real economic numbers when it comes to employment and inflation. Problems don't go away by making up new ways to calculate figures so the economy looks more rosy.

    Gotta go to shadowstats to get the real information now. The government is lying.

    February 3, 2012 at 8:04 pm | Reply
    • tom

      Why are all you people up here bringing Obama or the Republicans into this? I see poster after poster ranting about politics. Our economy is so large and so complex that neither party has much influence, let alone control, over it. Study economics before making conclusions.

      February 3, 2012 at 8:30 pm | Reply
      • tom

        why does my comment need to be moderated, CNN? Did I write profanity or insult someone? I don't get it.

        "CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. "

        February 3, 2012 at 8:32 pm | Reply
    • ThisSerious

      Why should we count people who have given up and not looking in the denominator? To make it simple we should just focus on number of jobs created for example 23 months of jobs growth, you can't make that up.

      February 3, 2012 at 8:30 pm | Reply
    • Jon

      I wonder what's believable, a random website on the internet or the most powerful government in the world.

      February 3, 2012 at 8:43 pm | Reply
    • Chris

      President Obama has not changed anything in the way the numbers are calculated. The main number we see hasn't changed in 60 years. In 1994 they started to track additional numbers such as those who have stopped looking. What we see hasn't changed since 1994.

      February 3, 2012 at 8:45 pm | Reply
    • Tubby the Tuba Texas

      I concur! Jimmy SD!

      February 3, 2012 at 8:59 pm | Reply
    • Vader

      Check your paranoia at the door. Restatement/recalculation/redefinition of statistics (gov't and otherwise) is the one constant you can count on. No matter how you try to discount it, it is good news and a continuation of a longer trend of job gains and gradual economic strength.

      February 3, 2012 at 9:19 pm | Reply
    • IntlPol101

      I'll check out shadowstats-

      February 3, 2012 at 9:22 pm | Reply
    • Chris

      It's time to include welfare, public housing, food stamps, etc into the benefits of unemployment and those collecting these benefits should be included in the unemployed numbers (with time limits similar to the unemployment benefits). Train them, teach them, and set them free from the slavery of relying on those Americans who work hard and pay their way.

      February 3, 2012 at 9:39 pm | Reply
    • Nate (Seattle, WA)

      No, they're not. The government publishes U3, U6, and participation rate data. They publish figures that show how many people have given up looking for work.

      You just can't be bothered to read the full reports the government puts out, and instead get your information by reading blurbs written by lazy journalists on CNN.

      Don't blame the gov't for your sloth.

      February 4, 2012 at 6:02 am | Reply
  72. jim

    Maybe it's time to hold republicans feet to the fire instead of letting them ride this one out so the sleazebags can then turn around and blame Obama during the next election.

    February 3, 2012 at 8:03 pm | Reply
    • ThisSerious

      Another opportunity we have to improve the economy is to support Obama's new housing bill, if you recall HARP and HAMP was helpful in allowing 1 Million people to refinance their mortgages, as long as it was with Fannie or Freddie. This new housing bill allows people to refinance even private loans, and allows banks to go out and compete for new loans, thereby forcing your current mortgage holder to refinance you unless they want your principal to walk out the door. CBO projects that mortgage holders will save about $3000/year, and its paid for. This bill could help the economy and real estate market, but it will never get past the GOP and Tea Party House unless we fight for it.

      February 3, 2012 at 8:36 pm | Reply
    • Rick H.

      Anything favorable that may be happening is due to the large number of new Republican governors installed in 2010. That's all that has changed in the last year. Nothing obama has done has had any positive effect on the economy. Places like Wisconsin, New Jersey, Ohio, etc. are a lot better off they they were under the previous incompetent democratic leadership.

      February 3, 2012 at 8:53 pm | Reply
  73. Blue Dog

    It's Obama's "fault"

    February 3, 2012 at 8:00 pm | Reply
    • Tiller

      Have another drink buddy!!!

      February 3, 2012 at 8:20 pm | Reply
    • NoKidding

      Darn right! The guy was doomed the day he ran for president. He couldn't do anything right. He was linked to terrorists, accused of not being born in the USA, blamed for a bad economy, can't even be given credit for a recovery... Let's vote for a republican who would take us right back to the glorious days of GW Bush! 2 wars, banking and housing in the dumps, terrorists thumbing their noses at us...Long live the republicans!

      February 3, 2012 at 8:24 pm | Reply
    • Chris

      It's Obama's "fault" that things are getting better.

      February 3, 2012 at 8:51 pm | Reply
    • Tubby the Tuba Texas

      You should have signed off as Red Dog, Mr. Blue faker!

      February 3, 2012 at 9:01 pm | Reply
    • Don

      You and the Monkey you rode in on are both so wrong it is pathetic. IF you truly wish to put the blame where it truly belongs it goes to the Failed Republican Sleazebags in Congress who allowed the WORST President EVER in the history of our country get drunk and drive this country into the ditch. You knew this clwon was a severe alcoholic and yet you sleazebags put him in office. We were losing jobs at 700,000 a month when this clown got thrown to the curb. For Anyone, ESPECIALLY Sleazebag Republicans to come forward and try to blame this Great Recession upon Obama is the highest level of ignorance and denial that this country has ever seen. EVERY ONE of you sleazebag Republicans should hold your heads down in shame and get on your knees and BEG this country to forgive you for EVER foisting this ridiculous impostor upon us and then making us suffer his total ignorance for not 4 but 8 Pathetic years.

      February 3, 2012 at 9:06 pm | Reply
    • yuhmad

      Republicans are too be blame for they reckless unwanted wars.......

      February 3, 2012 at 10:19 pm | Reply
  74. delos

    NGN
    and the reason unemployment is report like it is because the republican push this great piece of legislation through do the great R.R. year's, sort of like the national dept doe's no matter.

    February 3, 2012 at 7:56 pm | Reply
  75. seminolewoman

    The only problem I had with this report is Erin's assertion that the RECESSION started in 2008. Am I the only one who remembers presidential candidates OBAMA and McCAIN leaving the campaign trail to back up then President Bush to push through the vote for the TARP, which would go into effect fully in 2008 . For most of us, it began in 2003. That was the housing market started to collapse and foreclosures started to boil out of control. For most of us, it marked the beginning of never seen before layoffs in industries that were once thought to be depression-proof and "outsourcing" made NAPTA look like a joke. Why are we allowing the RIGHT to re-write history. CNN should know better.

    February 3, 2012 at 7:53 pm | Reply
    • tom

      Good points.

      February 3, 2012 at 8:37 pm | Reply
    • DBLUC

      Agreed....

      February 3, 2012 at 8:39 pm | Reply
    • ThisSerious

      TARP was never used properly. We should have never let Lehman Brothers collapse. We should have never injected $125B into the banks, just so they could continue to freeze credit, which eventually lead to over 3 million jobs lost from August 2008 – April 2009.

      February 3, 2012 at 8:46 pm | Reply
    • mike

      The recession started when the economy started retracting....which was in 2008....now the factors leading up to that started way before that

      February 3, 2012 at 9:03 pm | Reply
    • Don

      I remember it QUITE well. Maybe the WORST of the symptoms came in 2008 but the total collapse of the economy started WAY before 2008. It started the VERY FIRST day that the Supreme Court Helped GW Bush STEAL the election and allow the VERY WORST President EVER in the History of the US into the WH and begin the total destruction of our great country because he was a totally brain dead incompetent FOOL.

      February 3, 2012 at 9:09 pm | Reply
    • Jimt

      Recession is a technical term, usually referring to two down consecutive quarters of GDP. I'm not an economist, but I think that the recession started in 2008, but that doesn't mean that previous times weren't difficult for many people.

      February 3, 2012 at 11:48 pm | Reply
    • BeverlyNC

      Your memory of that time is either gone or intentionally false. McCain is the one who "suspended" his campaign to run to Washington to "save the day". McCain ended up being the fool laughed at by the People and the Press for this idiotic move. Before he even got there, Bush had already made the decisions on what he was going to do and McCain was told nothing about it. He looked like a useless non-needed non-leader and it greatly damaged his campaign. Obama never stopped his campaign and kept focus on the current issues and not pretending to be an egomaniac. Bush was President and was going to decide what to do with or without anyone's opinion – since Cheney actually ran the government because Bush was too stupid.
      President Obama has accomplished a list of successes too long to here – just one being job creation for 23 months straight. Republicans are such traitors to America they refuse to even be glad for our country and the people who now have jobs. They still have to criticize and tell lies out of pure hate and insecurity. As VP Biden says – bin Laden is dead and the auto industry is alive.
      Obama is going to win in a landslide. He doesn't even have to campaign. Romney just needs to keep talking and showing more people what a clueless non-human elitist he is. He isn't qualified to run his own mouth.

      February 4, 2012 at 12:54 am | Reply
    • Roger

      I agree with the message of your post, but, FYI, the housing market didn't begin to collapse until 2006. The bubble years were between mid to late 2002 through early 2006. And, another FYI is that Stanford University released their assessment of the financial crisis which found that Fannie Mae and Freddie Mac had only indirect roles in the financial crisis, with Wall St. begin the major cause.

      February 4, 2012 at 2:51 am | Reply
    • Lauren

      Totally agree!

      February 4, 2012 at 7:25 am | Reply
    • WV

      The only person I see re-writing history is you. I sold my house in the summer of 2004 and I had so many offers willing to pay more than I was asking than I could process. I also worked in the real estate industry. I was the first agent to list a forclosure in my company and that was in the summer of 2006. It started going down hill for the rest of the year and really exploded in 2007.

      And where did you hear Erin say the recession started in 2008? I read the article and listened to the report and no where did I hear her say that.......

      February 4, 2012 at 7:58 am | Reply
    • rbnjorlfl

      What on Earth are you talking about? A recession is when GDP falls for three fiscal quarters in a row. That didn't happen whatsoever until December 2007. Moreover, Lehman Brothers didn't fail until Sept. 18, 2008. Therefore, TARP didn't even come into play until 2009. This is supported by articles stating that on Sep 24, 2008, Harry Reid was telling Obama and McCain not to rush back to D.C. to work on the rescue package. Lastly, it was a seller's market for almost the entire decade between 1997 and 2007; the Housing Authority and the REIA numbers support this.

      February 4, 2012 at 6:13 pm | Reply
  76. Jb

    Bingo, You nailed it Erin. Several million people has stopped looking for work so the unemployment percentage is calculated verses a smaller potential work force. Actually there are millions more that want work but can no longer apply for benefits so they get dropped from the calculations. The unemployment rate published is little more than a political gimmick. Good for votes but not so good on the stomachs of hungry children.

    February 3, 2012 at 7:50 pm | Reply
    • ThisSerious

      We should just focus on the number of jobs created every month, 23 months of job growth is a good sign.

      February 3, 2012 at 8:41 pm | Reply
    • Tubby the Tuba Texas

      That's the way it has always worked...even when unemployment was 6.2! This is nothing new....except to try and make like it never happened before now in order to lie and make this be a Obama fault. Not everyone is a slow as you are about how the percentages work for unemployment. This happened back during Reagan's first term before his re-election as the unemployment started to rise after it bottomed out and those who were tired of looking for a job started signing back up!! Typicaly Republican lies to try and win back the White House!

      February 3, 2012 at 9:06 pm | Reply
    • Don

      But the best part is when you figure in how many jobs were lost AFTER Obama took over for the VERY WORST and MOST FAILED President in the history of the US and take the nu,mber of jobs he has created AFTER he saved us from a complete collapse into a DEEP DEPRESSION, he has almost single handed repalced EVERY single job lost since. He has already replaced over 80% of the jobs lost and if he ONLY has 130,000 jobs a month till the election he will have REPLACED every single job lost since he was finally able to take control and put our country back on the CORRECT couse soo by the time the election comes he will actually have CREATED MORE Jobs than he has lost during his administration which is 500 times better than can be said for the last 4 FAILED Years of the most ignorant clown to ever be President the EXTREMELY FAILED GW Bush.

      February 3, 2012 at 9:14 pm | Reply
  77. TC Smythe

    The report also does not include folks who are working for cash under the table.

    February 3, 2012 at 7:43 pm | Reply
  78. Anonymous

    OMG, it's de ja vu again!
    Wasn't this situation with Israel v Iran war game similar to W's justification of waging war in IRAQ? Remember, he and the Pentagon, SAID there were nuclear weapons. WE ARE NOT TALKING ABOUT GIANTS VS PATRIOTS, HERE. WHAT in the "heck" are all these idiots doing waging REAL and innocent people's lives? And it ain't 1967 anymore...there are hundreds if not thousands of nukes around this region. DO YOU REALLY WANT TO PLAY THAT CARD??? ENOUGH is ENOUGH for GOD's SAKE, WAKE UPPPPPPPPPPPPP!!!!!!!!!!!!!!

    February 3, 2012 at 7:43 pm | Reply
  79. oldguy

    How flexible are these numbers in terms of being tweeked for political purposes?

    February 3, 2012 at 7:42 pm | Reply
  80. Denverdriver

    This is really bad news for Republicans. They would much rather see the economy tank and unemployment go up to hurt President Obama. That is all they care about.

    February 3, 2012 at 7:38 pm | Reply
  81. TMH

    Why is there always a but... Has anyone at CNN come to the conclusion that constant negativity inhibits expansion. When businesses feel good about the future of the economy, they begin to expand their operations. When consumers feel confident about the future, they begin to open up their pocketbooks and spend, all of which helps economic growth snowball. Yet on a day like today when it's announced that 240,000 private sector jobs were created, the unemployment rate declines .2%, the Dow reaches a 4 year high (nearly double March, 2009) and the Nasdaq reaches an 11 year high, CNN has to interject yet another but...

    February 3, 2012 at 7:33 pm | Reply
  82. polycarp pio

    The news media is in outer space, listening to Erin and Wolf I wanted to puke, this nation is headed for hyper inflation and an unemployment rate of 32% in the very near future and to listen to these guys and their praise of the current administration, the DOW IS HEADED BELOW 500 yes below 500 not 5000, 500 mark my words. PP

    February 3, 2012 at 7:33 pm | Reply
  83. MerlinX

    These new jobless numbers will likely provide a much-needed boost for Obama. He's going to need all the help he can get after antagonizing Catholic voters.

    February 3, 2012 at 7:26 pm | Reply
    • Sunny

      I do not believe any of these job numbers at all. I said mid=last year, watch the economy and job numbers will rise so that Obama gets re=elected. These numbers are not true at all.

      February 3, 2012 at 7:43 pm | Reply
    • ThisSerious

      Interesting thing is that 26 states already have laws that require health care providers offer contraseptives as part of insurance plans but the Catholic church didn't mention that. I don't understand why they can't just buy the health insurance, and just not prescribed the medicine to their patients if it offends them.

      February 3, 2012 at 8:51 pm | Reply
    • Rednip

      Most American Catholic women are ON birth control, I suspect that they overwhelmingly welcome the rule that makes it part of the medical plans that will be available once Obamacare really kicks in in 2014. Have you seen surveys showing the 'anger' of which you speak, or just crying because the angry man on the radio told you to be upset like they do every day?

      February 4, 2012 at 6:34 am | Reply
    • tribbles

      I'm Catholic...I back him 100%...go drink some more tea...

      February 4, 2012 at 6:35 am | Reply
  84. Rednip

    Isn't it time for the GOP to start talking about defaulting on the debt again, like they did last summer?

    February 3, 2012 at 7:24 pm | Reply
    • TC Smythe

      good call

      February 3, 2012 at 7:44 pm | Reply
    • Rick H.

      Isn't it about time that the democrats in the senate did ANYTHING on the budget, you know, like they last did more than 1000 days ago.

      February 3, 2012 at 8:54 pm | Reply
    • Hank in PA

      Really

      I can't wait. Ugh.

      February 4, 2012 at 12:49 am | Reply
  85. RapidOne

    Obama administration: 1 ::::: Republicans: suck on it

    February 3, 2012 at 7:21 pm | Reply
  86. NGN

    Unemployment is a worthless figure. It only counts people receiving benefits. It doesn't count those whose benefits have run out. It doesn't those who have given up looking for work. It doesn't count those working part time instead of full time. It doesn't count those working far below their capacity (e.g., Ph.D.s driving taxi cabs).

    February 3, 2012 at 7:21 pm | Reply
    • exitoff76

      Uh..... Thats what the article said

      February 3, 2012 at 7:42 pm | Reply
    • TC Smythe

      and it doesn't count folks who are working for cash under the table. Or who have gone off the grid in frustration.

      February 3, 2012 at 7:45 pm | Reply
    • Viv

      The number of net jobs added or lost gives a truer picture. And that has seen 2 years of constant jobs added plus an increasing trend last 5 months.

      February 4, 2012 at 5:04 am | Reply
    • rbnjorlfl

      That's because working part time instead of full time or taking a job that is beneath your skill set isn't "unemployed." And those who have stopped looking for work shouldn't be counted anyway, being that they made the decision to do so...therefor it's their own fault for not keeping it up.

      February 4, 2012 at 6:17 pm | Reply
  87. zimbot

    Regardless of the long-term unemployed numbers, the performance of the stock market in conjunction with the jobs report indicate that the economy is on the right track to improve and strengthen this year.

    February 3, 2012 at 7:14 pm | Reply
    • US economists

      So Feds have to tell the truth at the end. And the truth is that the unemployment will reflect ALMOST an actual rate – not what Feds want us to think. The unemployment now is about 15% in average, just as they say many people gave up and not counted. That made unemploument rate look "good" at 9%. Unemploument will not go up – it was always up – the number that Feds use to deceive people will.

      February 3, 2012 at 7:29 pm | Reply
      • Tubby the Tuba Texas

        The Fed has always had more people unemployed that what the numbers say....nothing new there....but we have always use the Fed numbers when they benefit us...and make excuses and lies to cheat our way back into the White House!

        February 3, 2012 at 9:09 pm | Reply
      • Don

        Well the biggest deceivers of ALL are the Totally Brain Dead Republicans who are in a TOTAL state of denial by trying to pretend that NOTHING started UNTIL Obama came into office perfectly knowing the biggest disgrace of a clwon to ever be in the WH, GW BUSH, had already destroyed the very foundation of our country and even as he abandoned ship like the Italian Captain of the Cruise ship, we were ALREADY sinking FASTER than a ROCK!

        February 3, 2012 at 9:18 pm | Reply
      • rbnjorlfl

        People who give up shouldn't be counted in the first place. Nobody told them to give up – they did it on their own. It's not like there's not jobs out there. I see help wanted signs all over the place. In fact, there's a restaurant down the street from my house that has had a help wanted sign out front for 5 months now. Also, the company I work for has been hiring steadily throughout the last 4-5 years. The only people who were hit hard were people in construction, real estate, and manufacturing. Being that our economy is largely service-based these days and we haven't had a strong manufacturing sector in decades, I'd say that 9% is about right.

        February 4, 2012 at 6:30 pm | Reply
  88. john cougar mellencamp

    Temporary jobs @ minimum wage come on. The repubs would love to have the 99%ers make less and less, we are going back to the dark ages where the privileged few runs the majority and keep the rest of the sheep in serfdom. This is where the illegals come on. HIRE skilled illegals at los wages and no benefits so that can drag down wages then it will force the legal residents to work for those same wages. The rich get richer, etc.

    February 3, 2012 at 7:13 pm | Reply
    • sarah34

      Yes, Obama is so GREAT at making an impact on the middle class. I personally thinks he wants the 99% to make less and widen the gap between rich and poor because it fuels his ideas.

      February 3, 2012 at 7:23 pm | Reply
      • DDanny1

        And he gave the order to kill Bin Laden because he wanted to make him a martyr to reinvigorate Al-Quida. Do you have any idea how you sound?

        February 3, 2012 at 8:16 pm | Reply
      • Tubby the Tuba Texas

        Sounds really good to those without! What's wrong with that idea. This is America....share!

        February 3, 2012 at 9:10 pm | Reply
      • Don

        You are so ignorant it must really hurt when you look in the mirror and have to admit to youorself how truly ignorant you are.

        February 3, 2012 at 9:19 pm | Reply
      • Justin

        Sarah34... Where do you get your logic? That has to be one of the most ridiculous ideas ive seen. please explain

        February 4, 2012 at 12:12 am | Reply
      • Bixi Belle

        You said it right. The statistics being obamited up are simply wrong, made up to mask the truth. If we continue on this path, out freedoms and rights will be gone as we become a nation of people dependent on the government for our lively hoods.

        February 4, 2012 at 3:31 am | Reply
      • tribbles

        Another teapot spouting off...lol

        February 4, 2012 at 6:32 am | Reply
  89. Greedy Old Party

    Republican Spin 1: The economy was going to recover in any case. This has nothing to do with Obama.
    Republican Spin 2: The jobs report is misleading and unreliable...and so forth and so on.
    2012 GOP Agenda: Further sabotage any recovery by leveraging House politics to continue the Federal government paralysis. It's an election year – scorched earth, baby!

    February 3, 2012 at 7:11 pm | Reply
    • sarah34

      Did you even read this article?

      February 3, 2012 at 7:24 pm | Reply
    • jay

      your comments are proof that liberals are born without brains!

      February 3, 2012 at 7:49 pm | Reply
  90. Teresa

    It is a shame that people are frustrated that have stop looking

    February 3, 2012 at 7:03 pm | Reply
    • Jeff S

      Right? To give up just because things are tough.

      February 3, 2012 at 7:09 pm | Reply
    • g

      exactly how does one "give up" i wonder, do the people they owe give up on sending them bills? i don't understand it, if that many people gave up that would mean bankruptcy filings would spike, which they haven't.

      February 3, 2012 at 7:23 pm | Reply
  91. GD

    Obama reelection lives or dies on the state of the economy...or more specifically, voters perception of the state of the economy...

    I would say that considering the electorate's fleeting attention to details, this news is good for Obama. He's still terrible at his job - but one would have to be at least semi-knowledgeable to understand that fact.

    February 3, 2012 at 7:02 pm | Reply
    • RapidOne

      Oh, and that knowledgeable person would be you huh?

      HAH!!!!!

      February 3, 2012 at 7:23 pm | Reply
    • DDanny1

      I agree with both things you said. First. Obama is so bad at his job he led the country into the worst recession since the Depression. In fact, it was so bad in August of 04 George W. Bush's top economic advisor said he felt there was about a 3 in 4 chance it would reach the definition of a depression.
      After reading your posting I also agree that the level of understanding you have of the issue clearly proves it is borne of semi-intelligence.

      February 3, 2012 at 8:24 pm | Reply
      • DDanny1

        Sorry. Multi-tasking. I meant to say Obama started us on a path to recession before he even won the Democratic nomination. And W's economic advisor said the chance of going into depression was about 75% was in August 08.
        I stand my my comment concerning semi-intelligence.

        February 3, 2012 at 8:29 pm | Reply
    • ThisSerious

      What metric(s) do you use to determine is performance? And how do you weight those metrics? Did you send back your "Making Work Pay Tax Credit" of $400? I'm guessing you won't claim your payroll tax credit when you do your taxes this year? I don't understand you ask for a tax break, you got it right?

      February 3, 2012 at 8:58 pm | Reply
    • alinnc

      You'd have to be clueless to believe that the GOP will help the shrinking middle class.

      February 3, 2012 at 9:02 pm | Reply
    • the one

      what's GD stand for? Grossly Dumb? terrible at his job? really? have you ever even looked into what Obama has accomplished even with constant opposition from the opposing party? or are you like most of the folks criticizing the president that merely believes the headlines from fox news or cnn?

      February 3, 2012 at 9:20 pm | Reply
    • Don

      He is 1000 times better than the disgraceful failure of a clown you clowns foisted upon us for the 8 years before Obama. Before you go putting down Obama do us all a favor and get on your knees and bego forgiveness from the American Public for ever putting such an incompetent pile of dog dung in the WH then after you sing praises to Obama for 12 months because he saved us from the failure of thei disgraceful clwon we MIGHT allow you to say something, till then, climb back under the rock with your good pal GW Bush who knows he was a disgrace and has tried to keep his head down ever since he got thrown to the curb.

      February 3, 2012 at 9:23 pm | Reply
    • Mikeyboy

      What has Obama done (or not done) that is "terrible"? He wasn't elected as a dictator with complete control over all aspects of our government. Powerful and influential congressiman have decided not to work with him on anything . Why don't you label their performance as terrible? Your view is clearly slanted and sounds more like Hannity's rhetoric than an intelligent analysis of the facts.

      February 3, 2012 at 11:42 pm | Reply
    • Bixi Belle

      His re-election depends on how many continue to get a 'free ride' off the govt with their food stamps and welfare. They will vote for him out of fear of losing their free money. And then the rest will join in like lemmings to the sea.

      February 4, 2012 at 3:36 am | Reply
  92. Omen

    Ok?

    February 3, 2012 at 7:01 pm | Reply
  93. bspurloc

    I blame Obama of course... for being president after the previous person dragged us into 2 wars 1 for oil the other for he didnt know why anymore.... It is easy to invade countries but gee u should be able to recover from such things within seconds of taking it on your shoulders COME ON!

    February 3, 2012 at 6:59 pm | Reply
    • IntlPol101

      The "oil" comment is sooo old. If we invaded Iraq for oil, then where the h... is it? BTW gas prices are rising again-

      February 3, 2012 at 9:18 pm | Reply
    • jay

      exactly whose oil did we take .your amazing

      February 3, 2012 at 9:40 pm | Reply
    • Frank Welch

      How many seconds is in 3 years plus? At some point, Obama needs to just man up and own this economy. The blame game is tired, real tired.

      February 3, 2012 at 9:53 pm | Reply
  94. John Harris

    What's missing from this is that so many people are under employed: real estate brokers, architects, landscape architects, contractors, sub-contractors and more that are working but have seen DRASTIC cuts in compensation–for years. We need to fix the real estate market to align low rates with opportunities to buy/sell and remodel, and we need to create incentives for new construction and remodeling green. By creating energy efficient homes and offices, we'll spur rehabbing and upgrades that will save money–and put people back to work.

    February 3, 2012 at 6:55 pm | Reply
    • d

      You are correct that so many people are under-employed. Most of the people I know are earning less now than they were in years past. I was in the mortgage industry, and many of my friends and neighbors were employed in either real estate or construction. They are now doing odd jobs to make ends meet, many have lost their homes (and their spouses) and many have moved in with family. None of these people are getting unemployment benefits, they are not on the unemployment rolls. Those that have jobs are now working part-time for a fraction of their old pay. So when someone tells me it is good news that unemployment is down, I laugh. That just means more are off the rolls, not that their lives are better.

      February 3, 2012 at 7:14 pm | Reply
      • Hank in PA

        D – so those are your only choices – to pine over your old job that doesn't exist any more or to become a greeter at Wal-Mart?

        Sometimes we just need to go in a new direction in our lives. Good luck !!

        February 4, 2012 at 12:57 am | Reply
    • Jeff S

      Nah...we just need to understand the economy is changing from the industrial revolution that continues to bring changes to our lives through technology. We need to realize jobs change over the years. The chance you will be in the same career when you retire is slim. Those that understand that and plan will succeed. Those that don't will struggle.

      February 3, 2012 at 7:14 pm | Reply
      • d

        Oh, yes. That greeter job at walmart will replace my professional former job very nicely.

        February 3, 2012 at 7:18 pm | Reply
      • tom

        change from the industrial revolution? What are you talking about Jeff? That change occurred TWO DECADES AGO when our manufacturing jobs went overseas. Now its the high tech jobs being exported. I am an engineer, I should know.

        The only jobs left are service jobs requiring a physical body like working as a cashier. You can't live off that even if you work 80 hours a week.

        February 3, 2012 at 8:35 pm | Reply
    • Carl T.

      John, I agree with what you said. Every month there is a Wal-Mart or some kind of retail store opening, but those are all low paying jobs. What we need is to have the companies provide more skilled work for the people. There are lots of wasted talent in this country. We can do better than this.

      February 3, 2012 at 7:18 pm | Reply
      • Insight

        Walmart job is better than living on welfare

        February 3, 2012 at 10:40 pm | Reply
      • studdmuffins

        Service industry is taking over. We won't realize the real decline in our overall economy for a few more decades.

        We're told GDP and GNP are everything but fail to delineate that which is service sector related. We measure manufacturing output but seem to throw in service sector employment as an afterthought. There should be a real measure in this sector of the economy (e.g. Gross Domestic Service Product, or GDSP). I think people would see the true contribution to the economy that way. It would also show that service sector jobs do not compensate at near what manufacturing jobs of the past did (adjusted for inflation, of course).

        February 4, 2012 at 7:16 am | Reply
    • James

      It's not really that people are underemployed. People are underpaid. Corporate giants, like Wal-Mart, want to pay their top people 7- and 8-digit salaries, while spending Billions lobbying Washington to repeal the minimum wage act, so they can pay people LESS. Then, of course, you have conservatives trying to convince people that paying them less will HELP the economy.

      What we really need is to do is twofold: 1) Raise the minimum wage to a living wage. 2) Raise tariffs on products made overseas by US companies and then shipped back to the US. Make it more expensive to use overseas labor, and bring jobs back to the US.

      February 4, 2012 at 2:38 am | Reply

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