United States adds 114,000 jobs in September - welcome news for Barack Obama's administration
Posted on Friday, October 05, 2012 at 10:05 AM
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| Big boost for Barack Obama's campaign |
According to the Bureau of Labor Statistics, the U.S. added 114,000 jobs in September, bringing the unemployment rate down to 7.8 percent - its first time below 8 percent this year and its lowest rate since Obama took office.
Reaction at the Romney camp will run like this: 'Mr President, you said you would being unemployment below 8%! Ah, heck...'
There was further news for the administration, too: numbers for July and August were revised upward to show 86,000 more jobs were created than previously reported.
This is only poll that matters. And the president who believes in the long game is clearly winning it.
Read all the news on the Election 2012 here
41 comments
olovely | Oct 06, 2012, 11:15 AM EDT
Only a Tea Party troll under a rock could think the latest jobs report isn't 'actual news' Nicopernicus (and to think you call yourself that, did you read it on a cereal box?)
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eiriamach | Oct 06, 2012, 08:17 AM EDT
Good timing! And a nice follow-up to Cahir's last article, about magical thinking and the economy. That got me thinking about James Joyce, who gave the world Stephen Daedalus, a young man who tries to free himself from magical thinking. Joyce may have died feeling somewhat defeated, understanding the power of magical thinking to bewitch us and disappoint our too-great expectations: "The resurrection and the life. Once you are dead you are dead. That last day idea. Knocking them all up out of their graves. Come forth, Lazarus! And he came fifth and lost the job" ("Ulysses"). Romney is our latest self-appointed savior, promising to work a miracle. But the economy is coming back to life without miracles, one statistic at a time. The September jobs report "was preceded by other signs of growing economic strength, including a jump in consumer confidence, the strongest auto sales in four years, rallying stock prices and, at long last, a stabilization of housing prices" (NY Times 10/5).
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Nicopernicus | Oct 06, 2012, 06:51 AM EDT
Anther article delivered by a Irish central that's displays a three fold intention not to delver actual news.
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cillowen | Oct 05, 2012, 10:18 PM EDT
He said he had a plan that Repugs were eagerly trying to cripple at every turn and now the recovery credit due him is deemed a conspiracy by the hating crazed among us. A black/Irish man of achievement whose story will the equal of any president the us of a ever had over time.
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EphraimKibbey | Oct 05, 2012, 09:05 PM EDT
The stock market is at its highest since the crash, so Wallstreet and millionaires/billionaires are doing fine. Corporations are sitting on the greatest supply of capital in decades so they are flush. Now if we can just jump start Main Street, OH YEA, thats what our President has been trying to do with the Republicans dragging their feet since 2009. They LIKE those big unemployment numbers. That is what they thought would get Romney elected. That's why they have given pink slips to over 700,000 Federal, State and Local government workers and teachers. Now they even want to lay off Big Bird! With friends like the GOP, America doesn't need enemies. It should be treasonous to put your party ahead of your oath to America. Shame on them!
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EphraimKibbey | Oct 05, 2012, 08:53 PM EDT
Payroll numbers also increased so that adds another nail to the GOP coffin.
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seanomelb | Oct 05, 2012, 06:56 PM EDT
The teabaggers had their moment in the sun at the debate,now it's back to reality.Obama administration created millions of jobs now they can say "we have the lowest unemployment rate since the bush era. The weeping and gnashing of republican teeth can be heard from Australia.
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olovely | Oct 05, 2012, 05:59 PM EDT
What smells, PiperMac52, are the sour grapes that Republicans are unleashing each time they see their fortunes fade. The Tea Partiers are going conspiracy mad and blaming the US Bureau of Labor Statistics of being Marxists. Everyone they disagree with gets called that, but the facts don't lie.
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olovely | Oct 05, 2012, 05:41 PM EDT
Now this just doesn't pass the smell test. In fact millions are no longer on the rolls as their unemployment has expired(my son included). They are no longer counted. I would love to know where these jobs are. I know many working two minimum wage jobs to survive. What jobs are available do not pay a living wage.
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hollabackgurl | Oct 05, 2012, 05:04 PM EDT
Good news for the nation and Obama and Republicans can't stand it.
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freebie28 | Oct 05, 2012, 04:42 PM EDT
Yeah, and we had a few showers yesterday also Cahir. Didn't add to any growth of my garden, but it was indeed, 'a little rain.' So, what's your point!
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EphraimKibbey | Oct 05, 2012, 03:00 PM EDT
Seanmor - Remember how that last Republican administration ignored the info before 9/11, remember how they faked the Iraq weapons of mass destruction and remember how they sent our troops in there without proper equipment. Remember how they were quite willing to have UNENDING war. Now McCain wants boots on the ground in five more locations according to his speech at the RNC convention. Romney says he didn't thank the Vets in his speech there because you only mention things that ARE IMPORTANT. If veterans’ affairs are a concern of yours, you should stand by the party that shares your concern for veterans and is willing to fight for those who fought for us.
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EphraimKibbey | Oct 05, 2012, 02:57 PM EDT
Seanmor - That is a good question about the Vets. I suggest that you ask the Republicans in the congress who voted AGAINST tax breaks for employers who hire Vets. How many more Vets would be employed if it had passed? How many ARE employed because of training they received from the New Veterans’ GI Bill thanks to Obama. How many are able to work because of increased spending in VA hospitals thanks to the DEMS? The New Republicans are great at starting wars and sending our most precious treasure, our kids, over there but they are not so good at looking after them when they return home especially if they come home injured. Remember this is not the GOP of old that was good at keeping us safe and looked after our warriors.
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EphraimKibbey | Oct 05, 2012, 02:28 PM EDT
tom/peggy - to add to what olovely said, how can Obama reply to Mitt Romney when he shape-shifts out of everything he has been saying all year and starts agreeing with the President's policies. Note that most of what Magical Mitt the Mendaciuos said during the debate was taken back by his campaign the day after as just Ole Mitt misspeaking again. Its really tough being all things to all people and Mittens is not up to it.
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