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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (122697)	10/5/2012 8:44:21 AM
From: Sr K	Read Replies (4) \| Respond to of 149317

7.8% Unemployment Rate July revised +40,000 and August revised +46,000

To: RetiredNow who wrote (122697)	10/5/2012 9:24:12 AM
From: ChinuSFO	Read Replies (1) \| Respond to of 149317

Wall Street thinks that we are going through a economic recovery. Is your 401k underwater? The American people think that there is a recovery underway and they are saying so in the polls. Or else why is Mitt Romney fighting. It would have been a cakewalk for him. So it is only the Republicans who are running around with blinders on and concocting all sorts of theories. It is very highly deplorable that the Republicans are putting the squeeze on the American people by refusing to fulfill their obligations to the people who put them there. When they are in DC they are working full time to make Obama a one termer. And when not in DC, they are out campaigning. Isn't is shameful that they refused to pass the jobs bill, refused to pass the farm bill and they bolted from DC to campaign! They show their brains are up their asses when they say that the President should meet with world leaders and not appear on TV shows instead.

To: RetiredNow who wrote (122697)	10/5/2012 9:35:54 AM
From: Road Walker	Read Replies (1) \| Respond to of 149317

Your recession is gathering steam MM.... or gathering something anyway. ======= US jobless rate falls to 7.8 pct., 44-month low US unemployment rate falls to 7.8 pct., lowest since 2009, giving Obama a potential boost WASHINGTON (AP) -- The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate declined because more people found work, a trend that could have an impact on undecided voters in the final month before the presidential election. The Labor Department said Friday that employers added 114,000 jobs in September. The economy also created 86,000 more jobs in July and August than first estimated. Wages rose in September and more people started looking for work. The revisions show employers added 146,000 jobs per month from July through September, up from 67,000 in the previous three months. The unemployment rate fell from 8.1 percent in August, matching its level in January 2009 when President Barack Obama took office. The decline could help Obama, who is coming off a disappointing debate performance against GOP challenger Mitt Romney. Stock futures rose modestly after the report. Dow Jones industrial average futures, up 30 points just before the report came out, were up 45 points after it was released. The yield on the 10-year U.S. Treasury note climbed to 1.73 percent from 1.68 percent just before the report, a sign that investors were more willing to embrace risk and moving money from bonds into stocks. The job market has been improving, sluggishly but steadily. Jobs have been added for 24 straight months. There are now 325,000 more than when Obama took office. The September gains were led by the health care industry, which added 44,000 jobs — the most since February. Transportation and warehousing also showed large gains. The revisions showed that governments actually added 63,000 jobs in July and August, compared with earlier estimates that showed losses. Still, many of the jobs added last month were part time. The number of people with part-time jobs who wanted full-time work rose 7.5 percent to 8.6 million.