Economy generates 80,000 jobs in October; unemployment rate falls to 9 pct.
WASHINGTON (AP) -- The American economy added 80,000 jobs in October, and job growth in the two previous months was much stronger than first thought, an encouraging sign as the nation searches for a way out of the jobs crisis.
The unemployment rate dropped to 9 percent from 9.1 percent, the first time it has fallen since July and the lowest rate since April, the government said Friday.
"Those are pretty good signs," said Michael Hanson, senior economist at Bank of America Merrill Lynch. "We're hanging in there."
http://finance.yahoo.com/news/Employers-add-80K-jobs-rate-apf-365785889.html?x=0&.v=7
Pelosi: Unemployment would be 15 percent were it not for us
BLS Chief Contradicts Pelosi: Knows of No Study Backing Her 15% Unemployment Claim
Thoughts on the New Jobs Report
Unemployment Up Among College Grads in Oct; More Than 2M Now Out of Work
AUDIO: Unemployment Still High, Especially Among American Youth
quote:
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the October unemployment report, the high jobless rate among young adults, and a piece that says the left and the right are both wrong on how to fix the economy.
October job numbers provide little reason for White House optimism
quote:
With October job numbers falling far below what economists had expected, it has become likely that President Obama could enter the general election next year with the country facing the highest unemployment levels of the post-war era, according to The Associated Press.
The economy added 80,000 jobs last month, bringing the official unemployment figure down from 9.1 percent to 9 percent. For its part, the White House is trying its utmost to put a positive spin on the numbers.
In a blog post on the White House’s website, Alan Krueger, the Chairman of the Council of Economic Advisors, cited the report as “further evidence that the economy is continuing to recover from the worst economic downturn since the Great Depression.”
Jobs Report: 'Things Are So Bad That This Looks Good'
Unemployment Hurting the Oldest and Youngest Workers
quote:
Many of you reached out to Daily Finance earlier this week after we ran a report on long-term unemployment's impact on older workers. Readers shared stories of careers terminated, benefits exhausted, and savings consumed. One couple spent their entire retirement fund trying to save their home, which they lost anyway. An out-of-work engineer wrote of his wife, who helps supplement their reverse mortgage, IRA and 401(k) by working part-time as a registered nurse for the maker of an injectable multiple sclerosis treatment.
No doubt today's news about slight improvements in the unemployment rate bring little relief. The Labor Department's monthly jobs report showed that American companies added 80,000 jobs in October, 10,000-15,000 shy of economists' expectations, and the smallest increase in four months. Overall, the unemployment rate fell to 9 percent from September's 9.1 percent -- the first improvement since July.
October's mediocre growth is barely enough to keep pace with population growth and twice as many jobs are needed to significantly lower the unemployment rate. Total payroll employment is now back to the level of July 2004, according to The Wall Street Journal's David M. Wessel. Still, of the 8.8 million jobs lost in the recession, only a quarter have been regained so far.
Video: Former Clinton adviser says jobs report “not good news”
WATCH: Obamalaise: Labor Statistics Guru Says We’ll Never Return To Pre- bama Unemployment
Would you buy a used VOLT from these guys?: Van Jones & John Podesta on past Green Energy jobs tour
More green energy jobs exposed as myths
quote:G P Candidate Beats Obama in Swing States on Jobs, Deficit
Generation O, the group of young people that propelled President Obama to victory in 2008, is demanding more jobs, the greener the better.
Generation O has been taught that government investments in green energy -- an expansive term that embraces renewable energy, pollution reduction, and conservation -- will create jobs in America, lots of jobs.
Now students are finding out that story is green science fiction.
Romney still hitting Perry on immigration
Analyst: Look for Gingrich to rise if Cain fades
Cain’s Wife Pulls Out of First Ever TV Interview
quote:
Herman Cain’s wife has pulled out of her first television interview as the sexual harassment claims surrounding her presidential candidate husband continue to grow.
She was due to appear for a face-to-face with Fox News’ Greta Van Susteren on Friday night, but apparently got cold feet.
The interview would have been the first opportunity for the nation to meet the woman who could potentially be the next First Lady as she has avoided publicity and has not been on the campaign trail with her husband.
Gloria Cain Not Traditional Campaign Wife
Cain's Wife Votes Democrat
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Her husband is seeking the Republican presidential nomination, but Gloria Cain votes Democratic.
Georgia voting records show Herman Cain’s wife has voted in Democratic primary and runoff elections numerous times since 2000, the Atlanta-Journal Constitution reported Friday.
In 2008, Gloria Cain voted in Georgia’s Democratic presidential primary, which Barack Obama won.
Wow maybe she voted for Obummer...and by that voting record the Drugster, & the Hag would say that she's still on the plantation...oopppsss so would her hubby...
Cain accuser won’t provide details despite restaurant association’s consent
WATCH: Cain: I’m the Koch brothers’ brother from another mother
Say it ain't so Herman...that would mean that you would of stabbed all of your other brothers in the back, sued the other four like the others..and picked over your dead daddy's bones for every red cent that you could extract. Opppss told ya this blog doesn't follow Reagan's 11th...as a matter of fact allot of what Reagan did is held in contempt on BROOKLYNSBLURBS***
[*** And @ www.consrvativenewsoftheday.blogspot.com our 2nd blog too.]
Watchdog complaint: Cain campaign manager illegally paid for iPads, campaign travel using nonprofit money
Ventura, miffed by court, says he's off to Mexico
quote:
ST. PAUL, Minnesota (AP) — Former Minnesota Gov. Jesse Ventura is so upset by the dismissal of his airport security lawsuit that he threatened Friday to apply for dual citizenship so he can spend more time in his beloved Mexico — or run for president of what he labeled "the Fascist States of America."...
'I will never stand for national anthem again. I will turn my back and I will raise fist'...
Body launch your campaign in Bill Ayers living room & luck may rub off...
Giuliani: "Obama Owns Occupy Wall Street"
Charges reduced against 'Rubber room' Occupy Wall Street protester accused of scooter-cop shove
WATCH: [They Come In Peace] Watch: Violence, Vandalism, Mayhem During ‘Peaceful, Non-Violent’ #OccupyOakland Protests
quote:
A view from the center of the Oakland protests this week as violence, vandalism and general mayhem broke out. Oakland's Mayor and city officials continue to claim that the general strike and protests were "peaceful."
STANDING ADVISORY: As this is the left open videos of your own volition...obscene language, violence, etc. comes w/ leftist marches...the left frequently bring their kids to these...or union teachers may take their minor charges...
VIDEO: City Officials Take Baby From #OccupyDallas Camp
As someone trained while working w/ street kids, & certified in Reporting Child Abuse & Endangerment this should happen nation-wide...kudos to the officials.
#Occupydoughnutshops
WATCH: Michael Moore Ambushed At #OccupyDenver: ‘How Are You Helping These People With Your $50 Million?’
quote:
Reporter: “We’re asking you for the truth.”
Moore: “You’re just punk media is all you are. You lie. You lie to people. Stop lying to people. Stop lying.”
Reporter: “Are you not part of the one percent?”
Moore: “Just don’t lie, okay?”
Democrat Socialists, Marxists Neck Deep in "Occupy" Movement
OWS and Democrats
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The picture is now complete. The entire Democratic Party platform is encapsulated at Zuccotti Park and it is something to behold.
WATCH: [This Is What Democracy Looks Like] F urth-Graders Become Part Of Political Protest In WI Capitol Rotunda, Teacher Pleads Ignorance
quote:
On a Tuesday in late September, FOX6 watched as elementary school children were led into the middle of the protest, and encouraged to clap and sing along. According to Reeder, it's not the first time this has happened. "When they are here, we do try to sing 'This Land Is Your Land' or 'If I Had A Hammer,' things they might be familiar with that are a little less political, so they would feel welcome to come into the circle," Reeder said. However, the protesters' rendition of "This Land Is Your Land" includes a controversial verse that's almost never sung in schools. That verse is: "And on that sign it said, private property, but on the other side, it didn't say nothing. That sign was made for you and me."
WATCH: Larry O'Donnell Calls for Occupy D.C. to Bring 'Firestorm' to Nat'l Restaurant Association's HQ
N w Madeline Albright Makes Sex Charge Against Herman Cain
Occupy protestors set up gals-only tent to guard against pervs
quote:
It’s a safe house from the sex fiends.
Zuccotti Park has become so overrun by sexual predators attacking women in the night that organizers felt compelled to set up a female-only sleeping tent today to keep the sickos away.
Why isn't NOWNY down there w/ picket signs, demanding it's closing????
VIDEO: Cain Supporter Mocks Bashir: ‘I Have Made It to the Big Time. I Am On MSDNC’
That's MSLSD.
Are teachers really underpaid?
WATCH: Christian Launches ‘Occupy the Altar’ to Ask for God’s Economic Intervention
quote:A top US c mmander in Afganistan fired for telling the truth
It seems these days people are Occupying practically everything. Cities around America — and across the world — are taking to their makeshift camp sites and rallying to push for a more equitable world (though some feel the protesters haven’t really outlined how they plan to accomplish this feat). And now, joining in on these efforts are some Christians who want nothing more than to “Occupy the Altar.”
But before you make any assumptions, it should be noted that this movement is a bit different. Rather than blaming Wall Street for America’s financial woes, adherents to this new-found, Jesus-centric rallying cry believe that the nation’s issues are more spiritual than they are financial.
Take, for instance, John Stefanski. He’s encouraging people to come together and to turn to prayer. “Let’s pray to the Lord for our problems,” he says. “Society is in the bind that it is because we got away from ‘one nation under God.’”
WATCH: Car Plows Into Crowd Of Occupy D.C. Protesters
VIDEO: Hundreds of ccupy D.C. Protesters Block C nservatives From Leaving Summit
VIDEO: #OccupyDC Protesters Use Children As Human Shields
quote:
It's particularly disturbing to hear the young children begin to cry as the situation escalates.
C'mon lay off these nice people...we always abuse children, & exploit them at our TEA PARTIES. This is what democracy looks like...
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