News The Great Obama Blows Republicans Out Of The Water With Fastest Job Growth Pace Since Clinton

Discussion in 'The Howard Stern Show' started by Ving, Sep 4, 2015.

  1. Ving

    Ving Well-Known Member

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    Thanks Obama:



    Obama Blows Republicans Out Of The Water With Fastest Job Growth Pace Since Clinton


    By: Sarah Jones
    Friday, September, 4th, 2015, 10:55 am


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    Another jobs report, another historic success for the Obama economy.

    According to the White House,”Our economy has now added 8.0 million jobs over the past three years, a pace that has not been exceeded since 2000. And while the economy added jobs at a somewhat slower pace in August than in recent months, the unemployment rate fell to 5.1 percent—its lowest level since April 2008—and the labor force participation rate remained stable. Our businesses have now added 13.1 million jobs over 66 straight months, extending the longest streak on record. In addition, hourly earnings for American workers continued to rise.”

    The Department of Labor announced in the August jobs report that the economy added 173,000 jobs. Businesses added 140,000 jobs. Over the past three months, an average of 221,000 jobs per month have been added due to upward revisions.

    This is the 66th consecutive month of private sector job growth under President Obama, for a total of more than 13 million jobs. The longest running stretch of private sector job growth in our history.

    That’s a lot of private sector growth, an area Republicans have historically claimed expertise over.

    The unemployment rate dropped to 5.1 percent, the lowest unemployment rate since April 2008. We are now at what the Fed deems “full employment”. To make this even more encouraging, August numbers are usually revised up.

    Total nonfarm payroll employment increased by 173,000 in August, and the unemployment rate edged down to 5.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and social assistance and in financial activities. Manufacturing and mining lost jobs.


    Democratic Leader Pelosi urged Congress to do more for the people, saying in a statement, “Our economy continues to make progress, adding another month to the longest uninterrupted period of private sector job growth in American history. However, it is clear more can and must be done to create good-paying jobs and grow the paychecks of America’s hard-working families.”

    Part of what Pelosi might be referring to is that the unemployment rate declines for whites doesn’t mean all is well:

    Among the major worker groups, the unemployment rate for whites declined to 4.4 percent in August. The rates for adult men (4.7 percent), adult women (4.7 percent), teenagers (16.9 percent), blacks (9.5 percent), Asians (3.5 percent), and Hispanics (6.6 percent) showed little change in August.

    Meanwhile Republicans continue to play games with business, continuing to block reauthorization of the Export-Import Bank, refusing to pass a real jobs bill, denying investments in our infrastructure, and continuing on with their sequester temper tantrum. There’s even word on the street that Republicans are looking to another government shutdown, seeing as their previous efforts in shutting down the government harmed the country so much and cost so much.

    Pelosi pointed out that there are only 12 legislative days left before the budget deadline. If Republicans stay true to form, they will stop at nothing, no matter the collateral damage, in order to empower their party to make unilateral decisions that help the 1%.

    It took seven years for the unemployment rate to recover from the Bush stock market crash and related Great Recession.

    For every inch forward we take, Republicans rock the boat and poke at the leak until we take on more water. In spite of them, the Obama economy has made history yet again, and in the private sector to boot. Expect more wailing and caterwauling from the backseat drivers who would rather America failed than see President Obama get any acknowledgement for anything.
     
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  2. Honkey Donkey

    Honkey Donkey Well-Known Member

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    Yeah , but all the jobs suck
     
  3. Anyonenow

    Anyonenow Well-Known Member

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    3, 2, 1...
    Cue the phony baloney graphs as counter evidence :spit:
     
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  4. Shithead

    Shithead Well-Known Member

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    [​IMG]
     
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  5. Honkey Donkey

    Honkey Donkey Well-Known Member

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    The job numbers would have been higher but Howard is cutting people left and right . I blame Howard
     
  6. potroast

    potroast Well-Known Member

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    Obama has done an amazingly good job given his starting point post Bush and the amount of co-operation he received from the opposition.

    He is easily going to end up as a top fifteen president once the dust settles.

    Ha Ha Ha Ha Ha!
     
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  7. Ving

    Ving Well-Known Member

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    It's 8 million jobs at McDonalds according to Snotty. :rofl:
     
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  8. Rupert Pupkin

    Rupert Pupkin That Ass is Attached to Daniela Lopez Gold

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    So why all the unrest in St Louis, Baltimore, Milwaukee, Chicago, etc.,......The residents need jobs according to the excuse makers.
     
    Last edited: Sep 4, 2015
  9. XXXL yoga pants

    XXXL yoga pants Well-Known Member

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    [​IMG]

     
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  10. Ving

    Ving Well-Known Member

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    Read it and weep @ltd88. Say it FULL EMPLOYMENT!


    The unemployment rate dropped to 5.1 percent, the lowest unemployment rate since April 2008. We are now at what the Fed deems “full employment”. To make this even more encouraging, August numbers are usually revised up.
     
  11. Snort

    Snort Something witty Gold

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    I think Obama is loved too much by the left, and hated too much by the right. He's a decent president. Not great, not awful. That said.... how many of these jobs are part time walmart type jobs?
     
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  12. AverageJoe

    AverageJoe Active Member Banned User

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    25 hrs a week at a circle K isn't a real job.
     
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  13. yahoo

    yahoo Well-Known Member

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    As I've mentioned before, there are thousands of great paying jobs out there if you want to be an electrician, ac tech or a job like auto repair. You can make 80 grand starting today. I know this for a fact because I work with hundreds of small business owners every year who complain constantly that they can't find qualified help.

    Here's the problem: young workers don't want these jobs. They are hard work. You have to show up on time. Sometimes you're on a hot roof. But the jobs are there. Just walk into an auto repair shop and ask if they'd hire a qualified tech.

    The jobs are there, folks. Good paying jobs. You just can't be an entitled millennial.
     
  14. XXXL yoga pants

    XXXL yoga pants Well-Known Member

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    http://www.zerohedge.com/news/2015-...ot-labor-force-participation-rate-lowest-1977

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    Sweet recovery. Real income down, a sharp rise in the number of people sitting on their ass leeching the system, record debt, and a currency war with China that these clueless assholes have no idea what to do with. Trillions of dollars spent to achieve these results, all with zero percent interest achieving near stagnant growth. thanks Obama!
     
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  15. Ving

    Ving Well-Known Member

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    You must know a lot of Bartenders who are being denied their lifelong dream of an exciting career in manufacturing. Thanks Obama.
     
    Last edited: Sep 4, 2015
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  16. floplop

    floplop Well-Known Member

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    Thanks for the jobs, now can we have some decent wages and job security to go with it?
     
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  17. potroast

    potroast Well-Known Member

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    The republicans got their asses handed to them by a Black democrat that isn't a legal citizen, faked his way through law school and who's only redeeming quality is that he can read off a teleprompter.

    Plus his wife is ugly and probably has Ebola.

    :lol1:
     
  18. Ving

    Ving Well-Known Member

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    All solved by getting welfare corporations to pay more than zero in taxes. Thanks Republicans.
     
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  19. Anyonenow

    Anyonenow Well-Known Member

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    Average Hourly earnings have gone up Month over Month Except for 5 months

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    Average Hours Worked have gone up since late 2009 are now higher than before the Great one left office

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    Job Vacancies
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    Last edited: Sep 4, 2015
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  20. Ving

    Ving Well-Known Member

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    You forgot closet terrorist Muslim who wants to fundamentally change America with Sharia Law. :backlol2:
     
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