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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Unemployment rate rises to 9.9% but 290,000 new jobs added in April

The official U.S. unemployment rate rose to 9.9 percent in April from 9.7 percent in March, but the economy added many more new jobs last month than had been expected.

The economy added 290,000 new jobs last month, the Labor Department's Bureau of Labor Statistics said moments ago. Forecasters expected 162,000 new jobs to be created.

This is a very strong monthly jobs report despite the tick up in the unemployment rate, which will draw all the headlines. Even the increase in the unemployment rate is a good sign. Why? Because it means that discouraged workers -- people who actually had given up looking for work -- are reentering the job market.

Some 800,000 workers reentered the job market last month. Many of them did not find jobs, so the unemployment rate increased from 9.7 to 9.9 percent. But they're looking for work again and that's a strong sign. The Labor Department counts you as unemployed only if you're jobless and looking for work. If you're jobless and not looking for work, it counts you as a "discouraged" worker and removes you from the labor market. That can sometimes cause an artificial tick down in the overall unemployment rate.

So today's takeaway: Don't focus on the increase of the rate from 9.7 to 9.9 percent. That's actually a good sign in this instance. Focus on the fact that the economy added 290,000 new jobs last month -- and more new jobs were added in February and March, according to revisions also released this morning.

The U.S. unemployment rate is down from the recent high of 10.1 percent in October. The rate is expected to remain near 10 percent for the remainder of this year.

Economists say that in order for substantial, sustainable job growth to occur, the weekly new jobless claims number needs to get down into the low 400,000s or upper 300,000s and stay there. Yesterday, the government reported that 444,000 Americans filed jobless claims last week, the third straight week of declines.

The big news today, of course, will be the stock market. We'll be watching to see whether it can recover at all from its big plunge yesterday. It may be aided by this better-than-expected jobs report.

Follow me on Twitter at @theticker.

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By Frank Ahrens  |  May 7, 2010; 8:44 AM ET
Categories:  The Ticker  | Tags: Employment, Government, Recreation, Unemployment, United States, Work, bls, bureau of labor statistics, unemployment rate  
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Comments

Sorry not buying it.

An increase in unemployment is now a good thing? I get the argument, new people trying to get a job again.. sure sure.

Show me some break-down, some shred of evidence for this new dogma.

Posted by: docwhocuts | May 7, 2010 9:03 AM | Report abuse

We are sliping further and further behind and thus far Obama has only wasted about $1 trillion in economic stimulas. What ever happened to the 8% unemployment promissed us by those Democrat economists and Obama. It will take 25 years to get the US back to 5% unemployment thanks to Obama?

Posted by: jdonner2 | May 7, 2010 9:04 AM | Report abuse


President Bush's unemployment: 5.27%

obama's unemployment: 9.9% !!!

Bureau of Labor Statistics

Posted by: ItsOver2 | May 7, 2010 9:05 AM | Report abuse

So President Obama is able to lead the country in a way that adds jobs in comparison to Bush who was only able to destroy jobs.

Now THAT is the "change we can believe in!"

Go-Bama!

Posted by: BattleOffSamar | May 7, 2010 9:05 AM | Report abuse

So President Obama is able to lead the country in a way that adds jobs in comparison to Bush who was only able to destroy jobs.

Now THAT is the "change we can believe in!"

Go-Bama!

Posted by: BattleOffSamar | May 7, 2010 9:05 AM | Report abuse

Unemployment rate rises to 9.9%

Obama said if we pass the Stimulus bill right now, which we did, unemployment would stay below 8%........

I'm confused .......doesn't this report say that unemployment jumped to 9.9% ?

Oh and I guess the 290,000 new jobs are all "government jobs" or jobs that only pay minimum wage............

Well when you have a very anti-business party like the new left-wing Democrat Party this is what you get.

Business is where all our wealth comes from and the Democrats and their socialists pals have been assaulting it for over a year now.

Who would really want to start a business in America with the Democrat Party in control? ........... I wouldn't dare...

Posted by: allenridge | May 7, 2010 9:05 AM | Report abuse

Don't forget that America imports about 135,000 foreign workers each month.

So, that's a net of 155,000 new jobs for Americans.

The economy has lost 9 million jobs since the recession began.

At that rate, it will take 58 months to get all these people back to work.

Check out these short videos about impact of immigration on unemployment of US citizens:

http://www.youtube.com/watch?v=fgK2AlN3Hiw

http://www.youtube.com/watch?v=X_jjDABMmPA

Posted by: pmendez | May 7, 2010 9:05 AM | Report abuse

Governments resort to this type of obfuscation all the time. Government can always create jobs simply by hiring into the public sector. However, this practice becomes a double-burden on the economy. First, in the meantime, more people are being laid off from the private sector. These people get unemployment compensation (money from the taxpayer) as they no longer pay income taxes themselves. Second, the public sector worker has to get paid from the private-sector taxpayer who is still employed.

Obama is a master of this obfuscation. However, the economic situation does not lie. It is what it is. And it is very, very bad and getting much, much worse.

Posted by: shel_zahav | May 7, 2010 9:06 AM | Report abuse

"So today's takeaway: Don't focus on the increase of the rate from 9.7 to 9.9 percent. That's actually a good sign in this instance. Focus on the fact that the economy added 290,000 new jobs last month -- and more new jobs were added in February and March, according to revisions also released this morning." - Frank Aherns


.........Damn Frank why not inject your opinion into this story......lol ...lol !

Where were you when Bush was president.

The Democrats should thank GOD everyday for the Washington POST.........

Posted by: allenridge | May 7, 2010 9:08 AM | Report abuse

Just look at the mugshot of the writer of this commentary (Ahrens) and you can tell he's not even buying this swill...

Posted by: jahoby | May 7, 2010 9:09 AM | Report abuse

BATTLEOFFSAMAR:

I'm no Bush fan, but the economy experienced positive job growth during most of Bush's 8 years:

http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CES0000000001&output_view=net_1mth

Posted by: pmendez | May 7, 2010 9:09 AM | Report abuse

So todays takeaway....give me a break. How can you spin this as being a good thing. Unemployment goes up and it's good?? Jobs added??? How many were temporary census hires?? How about getting out here in the real world and look at how small businesses are struggling and you'll get the real picture. This is all bull...t.

Posted by: whataboutfreedom | May 7, 2010 9:10 AM | Report abuse

Amazing. Maybe Bush should have used the "an increase in the unemployment rate is the good thing" "argument". Perhaps Obama will use it too. I can just see it now:
Obama: My fellow Americans, an increase in the unemployment rate is actually good for the economy. If the unemployment rate goes over 10%, it will be even better.


Absolutely amazing. Where was this kind of reporting when Bush was in office? It didn't matter how many hundreds of thousands of jobs were added in a month, if the unemployment rate went up, he got hammered. No one ever tried to make the ludicrous claim that an increase in the unemployment rate was a "good thing".

Posted by: Bob65 | May 7, 2010 9:10 AM | Report abuse

President Bush's unemployment: 5.27%

obama's unemployment: 9.9% !!!

Bureau of Labor Statistics

Posted by: ItsOver2 | May 7, 2010 9:05 AM |
=========================================
President Bush's unemployment dropped to less than 4.5%........and that's considered by economists as "full employment" due to the FACT that around 4% of the US workers are shifting from job to job.......

Posted by: allenridge | May 7, 2010 9:11 AM | Report abuse

My Goodness - now the unemployment rate is at 9.9% and the Post tries to paint this as good news. The US needs a Presidents that knows how to create new jobs in the private sector, not rape taxpayers for more funding to hire more worthless state and Federal workers.

Posted by: Realist201 | May 7, 2010 9:11 AM | Report abuse


Bureau of Labor Statistics
President Bush's unemployment: 5.27%
obama's unemployment: 9.9% !!!

obma’s depression…..

Only 39% of voters said they would vote to re-elect Pres. Obama if the election were held today, while 50% say they would vote for someone else.

Posted by: ItsOver2 | May 7, 2010 9:18 AM | Report abuse

This is not good news. How many of those jobs are engineers serving as part time Wal-Mart greeters? These statistics only measure whether people have any job at all. NOT whether their skills are being adequately used. It's still a race to the bottom.

Posted by: pjs1965 | May 7, 2010 9:18 AM | Report abuse

Why is this headline not making any sense to me?

Posted by: forgetthis | May 7, 2010 9:18 AM | Report abuse

The Obama depression ends when Obama, Biden, Pelosi and Reid lose THEIR jobs and not a moment before.

We have the most anti-business administration and Congress in history and we wonder why the unemployment rate is 10%?

No significant hiring is going to take place while these far left idiots are in office. The sooner we're rid of corrupt, incompetent Democrats the better.

Posted by: NoDonkey | May 7, 2010 9:18 AM | Report abuse


Bureau of Labor Statistics
President Bush's unemployment: 5.27%
obama's unemployment: 9.9% !!!

obma’s depression…..

Only 39% of voters said they would vote to re-elect obama if the election were held today, while 50% say they would vote for someone else.

Posted by: ItsOver2 | May 7, 2010 9:18 AM | Report abuse

Meanwhile, the community organizer continues to dither!

Posted by: cschotta1 | May 7, 2010 9:19 AM | Report abuse

Sorry not buying it.

An increase in unemployment is now a good thing? I get the argument, new people trying to get a job again.. sure sure.

Show me some break-down, some shred of evidence for this new dogma.

Posted by: docwhocuts

============================

The underlying data is in the article and it's hardly "new dogma". All you need is a calculator and know about addition and subtraction.

Unemployed isn't the number of unemployed; it's the number of unemployed that are looking for work. Besides, Tom DeLay says that people are unemployed because they don't want to work.

Another piece of economic trivia ... "Savings Rate" has absolutely nothing to do with "savings". It's calculatition is Income - Spending and doesn't include all income and doesn't include all spending.

Posted by: James10 | May 7, 2010 9:23 AM | Report abuse

Governments resort to this type of obfuscation all the time. Government can always create jobs simply by hiring into the public sector. However, this practice becomes a double-burden on the economy. First, in the meantime, more people are being laid off from the private sector. These people get unemployment compensation (money from the taxpayer) as they no longer pay income taxes themselves. Second, the public sector worker has to get paid from the private-sector taxpayer who is still employed.

Obama is a master of this obfuscation. However, the economic situation does not lie. It is what it is. And it is very, very bad and getting much, much worse.

Posted by: shel_zahav | May 7, 2010 9:06 AM
=======
I agree mostly with what you say. But I would like to clarify that those on unemployment compensation are still taxpayers. Unemployment compensation is taxed just like any other income.

Posted by: pjs1965 | May 7, 2010 9:25 AM | Report abuse

So the 9.9% number is more accurate than the 9.7% number they've been feeding us?

Posted by: lbvanhoy | May 7, 2010 9:25 AM | Report abuse

Over $800 billion for a Stimulus program that is a bust.A new health care bill that will bury us in red ink.Bail outs for everybody,including our 17% IMF contribution to bail out Greece while China gives only 3%. We are in a free fall, and when we land, it will get ugly!

Posted by: bowspray | May 7, 2010 9:25 AM | Report abuse

No need to worry - Obama already told us the unemployment rate wouldn't increase beyond 8%. What's all the fuss about??????
Thanks for the dope, I mean hope Barry Obama!

Posted by: bmayhewbz@hotmail.com | May 7, 2010 9:26 AM | Report abuse

What's happening here is a numbers game to decieve the American public and instill a sense of nationalism. The manipulation of numbers that differentiate the unemployed and discouraged workers is just smoke and mirrors.Real people will be denied basic benefits To get a better picture calculate the amount of unemployment in minorities and those over fifty years of age. Those figures could reach 20 per cent. The 9.9 figure is an average that looks good to the public and gives legislators ammunition to deny unemployment and health benefits. The numbers will hurt America because it gives a false sense of security. We need to tap into early retirement for the over 50/55 set with a decent reitrement benefit and get those younger workers priority back into the system so they can pay taxes into the system to support those unfortunate enough who are chronically unemployed. Or we can fix the whole situation by having a worldwide rest of prices and value. Everything actual cost at wholesale is extremely low. It is fair market values and fees and penalties that are killing us along with the discriminatory sense of being rich and wanting to be separated from 90% of the rest of the world by hitting the unfortunate over the head and saying I'm rich and you are poor scum never to reach my level unless you lie, steal and cheat your way in.

Posted by: ruffyy | May 7, 2010 9:28 AM | Report abuse

IMPEACH OBAMA 2011!!!!!!!!

Posted by: askgees | May 7, 2010 9:28 AM | Report abuse

So where do I go to get one of these new jobs? Where are they?

Posted by: 45upnorth | May 7, 2010 9:28 AM | Report abuse

The Democrats should thank GOD everyday for the Washington POST.....

------------------------
HAHAHAHA

No truer words were ever spoken. I would assume the NY Times has a similar story making chicken salad out of chicken feathers. Undoubtedly half the new jobs are in government jobs that are non-productive. Amazing how the unemployment rate rises and threatens to top 10% and we get the fairy tale that things under Barry are going along smoothly.

When we fold like Greece there will be no money fund to bail us out because we are the international money fund.

Come to think of it how will those hundreds of thousands temporary census takers going to be counted in the unemployment figures when they're finished or will Obama keep them on to count the number of voters in the Chicago cemeteries.

Posted by: rmilitello | May 7, 2010 9:28 AM | Report abuse

IMPEACH OBAMA NOW!!!!!!!!!!!!!!!!

Posted by: askgees | May 7, 2010 9:29 AM | Report abuse

How many of the "new" jobs were in the private sector?. Does this include the temporary census workers? A net loss of jobs is not good. The stock market is not going to like this.

Posted by: Senior-Advisor | May 7, 2010 9:31 AM | Report abuse

That is a world wide reset of fair market values and restriction on fees and penalties.

Posted by: ruffyy | May 7, 2010 9:31 AM | Report abuse

When will the jobs program be put in place?

The one with the 10-20 million jobs required to put a dent in joblessness in this nation.

Because the numbers you are reporting, are much worse than they appear.

Many...millions have simply given up looking for work after months or years of futile searches for jobs.

I don't understand why Washington is ignoring economic reality.

Nor why Washington is allowing banks to continue collect what are effectively private tax payments of 20-30% interest from consumers in the form of off the contract increases to terms which are stricly speaking, illegal under US contract law. This, while banks continue to borrow at near 0% and bonus executives in million dollar increments of tax payer money.

Why is the struggling American worker/taxpayer/consumer being pounded into the ground, buried beneath government and corporate mismanagement, while those above with the authority to redirect and repair the economy, are being rewarded for their ineptitude?

Posted by: grjee | May 7, 2010 9:32 AM | Report abuse

This is lipstick on a pig. No matter how you do it, it's still a pig.

Posted by: pjs1965 | May 7, 2010 9:32 AM | Report abuse

Nice spin. The rate of unemployment goes up, and the headlines are about added jobs.

Posted by: FredKnowsBest | May 7, 2010 9:34 AM | Report abuse

"So where do I go to get one of these new jobs? Where are they?"

Tending the unicorns who gave us Obomba - those are plentiful.

This is what happens when the media lies to the American public and tricks them into voting for an inexperienced, unqualifed smooth talker who has spent his entire life in a far left, academic echo chamber.

Obama has no earthly idea what he is doing and this is just one manifestation of his utter ineptitude.

Posted by: NoDonkey | May 7, 2010 9:37 AM | Report abuse

How unAmerican is it that so many want the news to be bad to reinforce their negative views?

This statement says it all: "The Obama depression ends when Obama, Biden, Pelosi and Reid lose THEIR jobs and not a moment before."

So this person(and many others here) will stubbornly believe in, and wish for, the failure of the American economy, until the people they want are back in power. Nevermind that this is still the Bush depression, that Bush and his cronies mismanaged us to the brink of apocalytic ecomic meltdown, that TARP(the bank bailout with no strings attached)was passed under Bush, that the numbers have done nothing but uptick since Obama came into office. Nevermind any FACTS. BELIEF apparently matters more.

Posted by: wd1214 | May 7, 2010 9:38 AM | Report abuse

Why not continue unemployment benefits at the full rate and make working 20 hours in a local, state or federal vacancy. If they do this they won't have to pay health insurance. The government could offer a utility benefit along with the unemployment benefit. I would like to see a road tax of 10.00 a month. 5.00 for state and 5.00 for federal and a VAT. The government has to have the guts to insist on a world wide reset of Fair market values and minimalisation of fees and cut back on penalties. It cost 30,000.00 to incarcerate someone. Execute the incorragible immediately.

Posted by: ruffyy | May 7, 2010 9:39 AM | Report abuse

The temporary jobs of Census Takers way more than accounts for this "increase" BS.

Posted by: cfitzpatrick2 | May 7, 2010 9:41 AM | Report abuse

Wow, this is indeed good news.

Lou
www.anonymous-web-surfing.cz.tc

Posted by: clermontpc | May 7, 2010 9:42 AM | Report abuse

THANK YOU PRESIDENT OBAMA. THE STIMULUS WORKED!

Posted by: unpluggedboodah | May 7, 2010 9:43 AM | Report abuse

Only you WaPo Odumbo lapdogs could spin this as positive.
Disgusting.

Posted by: LarryG62 | May 7, 2010 9:45 AM | Report abuse

Reading the above comments, I can see that most of the people in the posts did take a complete snapshots of the situation. Whether it is Bush or Obama, remember that the whole situation has been created by a market meltdown. The source of the whole crisis: greed, lack of discipline and responsibity from a group of people. Now we all pay for it. I'm no democrats or republicans but i believe both parties are doing a great job in trying to turn this around. So stop complaining but be thankful and still have faith we will get out of this situation. it will be hard but we will emerge from this. You have now to understand that everything in the economy is interconnected. If banks don't lend to the private sector, no small business can start and people in the private sector will still be un employed. This administration us doing a GREAT JOB. support them!

Posted by: Neutral2305 | May 7, 2010 9:47 AM | Report abuse

"Unemployment rate rises to 9.9% but 290,000 new jobs added in April"


What! You're kidding right?

When the Hare tells her to "say what she means", she replies that she does, "at least I mean what I say - that's the same thing". "Not the same thing a bit!" says the Hatter. "Why, you might just as well say that 'I see what I eat' is the same thing as 'I eat what I see'!"


"Against the assault of laughter nothing can stand."
The Mysterious Stranger
-Mark Twain

Posted by: morphylius | May 7, 2010 9:47 AM | Report abuse

if we slash entitlements and give exxon/mobil another multi-billion dollar tax cut as bush/satan did, it will fix everything. remember people if anything goes wrong, including a flat tire on your car it's that foriegner obama's fault. also don't forget to bow down before sarah palin every single day. it can only bring good things. and for you geniuses who talk about the state of things during Obama's early presidency make sure you also forget that bush started with a record surplus that he turned into a record deficit. also forget that obama started with that record deficit because dubya the bright chimp did his best to turn America into a banana republic. rich people and huge corporations enjoyed immense success under the previous regime, but for some reason it never trickled down to the rest of us. In fact, we've been waiting for that trickle down since Reagan if I recall correctly

Posted by: red2million | May 7, 2010 9:47 AM | Report abuse

wd1214 - I don't "wish" for the failure of the American economy, it's happening, whether I like it or not.

Tell me, what private business is going to hire en masse, with this idiot health care "reform" looming out there ("we have to pass it to see what's in it" - Pelosi)?

Where on earth did our trillion dollar stimulus go, the one that was supposed to keep the unemployment rate from dipping beneath 8%?

Why doesn't Present Obama have to explain that one?

When it starts dribbling out in pork projects just prior to this fall, will Democrats actually be asked questions on it, or will they receive another tongue bath from the Washington Post?

Posted by: NoDonkey | May 7, 2010 9:47 AM | Report abuse

"Unemployment rate rises to 9.9% but 290,000 new jobs added in April"

What! You're kidding right?
When the Hare tells her to "say what she means", she replies that she does, "at least I mean what I say - that's the same thing". "Not the same thing a bit!" says the Hatter. "Why, you might just as well say that 'I see what I eat' is the same thing as 'I eat what I see'!"

"Against the assault of laughter nothing can stand."
The Mysterious Stranger
-Mark Twain

Posted by: morphylius | May 7, 2010 9:48 AM | Report abuse

Looking Good. Actualy EXCEEDED 1/2 OF THE NEW CLAIMS FOR UNEMPLOYMENT. WHICH IS WHY THE TWO STATISTICS ARE NEVER RELEASED AT THE SAME TIME. Put the lie to politicians and statisticians with their ROSE COLORED GLASSES, and highly paid speachwriters.

Posted by: laurelphoto | May 7, 2010 9:50 AM | Report abuse

I am amazed that the press can find positive spins on this type of data.

If this were a Republican administration; this article would have never been presented this way.

How much extra money do you get from the Democratic party in a brown paper tax free bag to write this stuff.
Amazing!

Posted by: cmoline | May 7, 2010 9:51 AM | Report abuse

WELL DONE PRESIDENT OBAMA. DON'T WORRY ABOUT THE TEABAGGING SCREAMERS, THEY WILL SCREAM WHETHER YOU CREATE JOBS OR NOT.

Posted by: unpluggedboodah | May 7, 2010 9:53 AM | Report abuse

Don't get too excited about these numbers yet. The unemployment rate rose because the participation rate (those in the market looking for a job) rose. So many people had stopped looking over the holidays and winter that the unemployment rate dropped. While adding some jobs is a step in the right direction, the reality is that the unemployed + underemployed + given up (no longer searching) is closer to 17%! And the lenght of unemployement is the longest it has ever been since they started keeping records. Also hourly earnings are not growing - in other words, more people are competing for jobs so incomes aren't rising. Retail sales were up last few months because people spent more than they earned (cutting savings rate and/or using credit). Those are exactly the types of behaviors that got us into this mess. We need to create more manufacturing jobs here and people need to realize that this is a decades long problem. If we don't start living within our means as a country and dealing with our out of control debt, we will end up just like Greece.

Posted by: getbent | May 7, 2010 9:53 AM | Report abuse

I'm no Bush fan, but the economy experienced positive job growth during most of Bush's 8 years:

http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CES0000000001&output_view=net_1mth

Posted by: pmendez
--------------------
That's a disingenuous statement. The so called prosperity of the GWB years was 100% based on the speculative housing boom. There was absolutely no other engine for job growth between 2001 and 2008. And we went into negative job growth starting in late 2007.

Of course the Obamaphobes ignore that today's numbers exceed the expectations by 100K. But Obama can no do no right in their mind. They have an agenda and damn the statistics.

Posted by: dldbug | May 7, 2010 9:54 AM | Report abuse

Check this out.....here's CNN's headlines on their website. CNN is another corrupt liberal/progressive propaganda outlet for the Democrat Party:

"Economy creates 290,000 jobs in April
The U.S. economy added 290,000 jobs in April, the best gain in four years, the government reports. Jobless rate up as more people start looking for work. FULL STORY"

........Does anyone see anything about the jump to 9.9% unemployment?

Now what do you think CNN would have had in as their headline if say.........President Bush was president?

Folks.........you if don't believe we have a VERY corrupt liberal/progressive MSM wolfpack press.......well think again.

The Democrats should thank GOD for CNN too

Posted by: allenridge | May 7, 2010 9:58 AM | Report abuse

And how many of the "new" jobs were temporary Census jobs?

Posted by: jdonner2 | May 7, 2010 10:01 AM | Report abuse

Posted by: NoDonkey
Where on earth did our trillion dollar stimulus go, the one that was supposed to keep the unemployment rate from dipping beneath 8%?

___
Why don't you ask Jim Bunning and his obstructionist friends? You do realize that hundreds of bills, appointments, and others pieces of business are being held up in the senate by Republicans don't you? Like you, they are determined to see Obama fail and they will use every trick inthe senate rulebook to make sure that he does. Forget the average American. That so much has gotten done this far is a testament to determination of Obama.

Posted by: wd1214 | May 7, 2010 10:01 AM | Report abuse

Posted by: NoDonkey
Where on earth did our trillion dollar stimulus go, the one that was supposed to keep the unemployment rate from dipping beneath 8%?

___
Why don't you ask Jim Bunning and his obstructionist friends? You do realize that hundreds of bills, appointments, and others pieces of business are being held up in the senate by Republicans don't you? Like you, they are determined to see Obama fail and they will use every trick inthe senate rulebook to make sure that he does. Forget the average American. That so much has gotten done this far is a testament to determination of Obama, Pelosi and Reid.

Posted by: wd1214 | May 7, 2010 10:02 AM | Report abuse

WELL DONE PRESIDENT OBAMA. DON'T WORRY ABOUT THE TEABAGGING SCREAMERS, THEY WILL SCREAM WHETHER YOU CREATE JOBS OR NOT.

Posted by: unpluggedboodah | May 7, 2010 9:53 AM |
========================================

Yeah Obama.......don't worry you will hear from all those 9.9% on Tuesday night November 2nd, 2010........along with a lot more Americans pissed off about this incompetent corrupt Democrat government.

Posted by: allenridge | May 7, 2010 10:02 AM | Report abuse

Also, the govt. statistical method for determining job growth and the unemployment rate has not changed in decades. So if you criticize the Obama administration for trying to spin the number, it is disingenuous to give the previous administration a bye on this. I can personally attest on this, I was under employed between 2003 and 2006.

Google the stats on job and income growth between 2001 and 2008. They're miserable.

Posted by: dldbug | May 7, 2010 10:03 AM | Report abuse

I agree with docwhocuts - what is the breakdown? How many are the Cencus workers? How many are taking full-time? part-time? How many are doing short shift work? What's the deal?

Posted by: pdunnavant | May 7, 2010 10:04 AM | Report abuse

What was the quote? There's lies, damn lies and statistics? Look, we added some jobs and the numbers were marginally better than expectations (other than the unemployment rate). That said, we need to add 225k jobs per month roughly just to keep the unemployment rate steady (as the population grows, the demoninator is growing). We also need to add jobs that are sustainable and produce goods, not just services. The US is 70% consumer spending driven. That consumer spending the past decade was driven by massive amts of debt - as a country we had a NEGATIVE savings rate for a number of years. Now everybody is out celebrating and buying more junk they really don't need when they should be saving money and paying off debts. Seriously, why do people think they need to spend $1,000 on an ipad and cell service rather than save for retirement? Less than 50% of americans have $5,000 saved for retirement...look it up and be afraid. We all should be.

Posted by: getbent | May 7, 2010 10:05 AM | Report abuse


What a shameful way of spinning the OBAMA DEPRESSION.

The stock market is collapsing and unemployment skyrockets, while Obama struts around praising himself.

Many Americans are suffering and Democrats treat it like a big joke.

Posted by: Jerzy | May 7, 2010 10:05 AM | Report abuse

dldbug "Speculative housing boom"?

The one that Bush tried to stop but was halted by one Barney Frank?

One thing Democrats won't be able to blame on Bush - losing Congress this fall, as the American people no longer accept the MSM's spin and blame for our lame economy lands where it belongs - on the snouts of the absolutely worthless, corrupt and incompetent far left Democrat Party.

Posted by: NoDonkey | May 7, 2010 10:05 AM | Report abuse

It is ridiculous to compare Obama's job numbers with those of the former president. G. W. Bush was handed an economy that, although it was slowing down, was in very good shape overall. In eight years he ran half a trillion dollar deficits every year, except his last, which was the first trillion dollar deficit, he eliminated a trillion dollar surplus, giving most of that to the wealthiest Americans and he left office having helped to bring on the worst economic crisis since 1933. Obama inherited that and it should not be forgotten no matter what your politics are. Those are the facts. Based on those facts any comparison between Obama;s numbers and Bush's are not valid, cannot ev ever be valid, so stop with those obfuscations will you. They are a step short of outright lies.

It is appropriate for someone sane, (me), to point out that actually adding any jobs to this economy is a good thing, a very good thing. Oh! Those nine million jobs lost belong to the previous president not the one currently in office who has done all he could to get this thing turned around and all non-ideological economist say that. However many of you are FOX soap opera news fans, so there is no hope for you ever having a balanced view of things.

Posted by: robertmerry | May 7, 2010 10:06 AM | Report abuse

Honestly folks, what did you expect from the failed community organizer? Even the TOTUS is speechless. LOL

Posted by: cschotta1 | May 7, 2010 10:06 AM | Report abuse

The temporary jobs of Census Takers way more than accounts for this "increase" BS.

Posted by: cfitzpatrick2

Is that what they tell you on Fox News? I can't blame them, they know you're too stupid to look up anything yourself.

"In April, nonfarm payroll employment rose by 290,000. Sizable employment gains oc-
curred in manufacturing, professional and business services, health care, and in
leisure and hospitality. Federal government employment increased due to the hiring
of temporary workers for Census 2010. Since December, nonfarm payroll employment
has expanded by 573,000, with 483,000 jobs added in the private sector. The vast
majority of job growth occurred during the last 2 months. (See table B-1.)

Manufacturing added 44,000 jobs in April. Since December, factory employment has
risen by 101,000. Over the month, gains occurred in several durable goods indus-
tries, including fabricated metals (9,000) and machinery (7,000). Employment also
grew in nondurable goods manufacturing (14,000).

Mining added 7,000 jobs in April, with most of the increase in support activities
for mining. Since last October, mining has added 39,000 jobs.

In April, construction employment edged up (14,000), following an increase of 26,000
in March. Over the month, nonresidential building and heavy construction added 9,000
jobs each.

Employment in professional and business services rose by 80,000 in April. Temporary
help services continued to add jobs (26,000); employment in this industry has in-
creased by 330,000 since September 2009. Employment also rose over the month in ser-
vices to buildings and dwellings (23,000) and in computer systems design (7,000).

In April, health care employment grew by 20,000, including a gain of 6,000 in hospi-
tals. Over the past year, health care employment has increased by 244,000.

Employment rose by 45,000 in leisure and hospitality over the month. Much of this
increase occurred in accommodation and food services, which added 29,000 jobs. Food
services employment has risen by 84,000 over the past 4 months, while accommodation
has added 18,000 jobs over the past 3 months."


Posted by: James10 | May 7, 2010 10:07 AM | Report abuse

THANK YOU PRESIDENT OBAMA. THE STIMULUS WORKED!

Posted by: unpluggedboodah | May 7, 2010 9:43 AM

HAHAHAHAHAHAHAHAHA!!!!!!!!!!!! Good one!

Posted by: pswift00 | May 7, 2010 10:07 AM | Report abuse

"Unemployment rate rises to 9.9% but 290,000 new jobs added in April"

What! You're kidding right? Are you guys really writing this stuff for general consumption, because compared to your audience you're well below the bell curve.

When the Hare tells her to "say what she means", she replies that she does, "at least I mean what I say - that's the same thing". "Not the same thing a bit!" says the Hatter. "Why, you might just as well say that 'I see what I eat' is the same thing as 'I eat what I see'!"

Against the assault of laughter nothing can stand.

"The Mysterious Stranger"

-Mark Twain

Posted by: morphylius | May 7, 2010 10:09 AM | Report abuse

Under President Bush we had 52 months straight of economic growth.........and

By 2007, 5.7 Million Jobs Had Been Created Under Bush. (U.S. Bureau of Labor Statistics, www.bls.gov, Accessed 1/6/10)

.......Just the facts folks.

Posted by: allenridge | May 7, 2010 10:09 AM | Report abuse

With all our HUNDREDS of THOUSANDS of GOOD jobs going overseas, the employment rate will NEVER recoup! Go into any big national sporting goods store or actually ANY type of store. Almost every labe you check will be "Made in China", "Made in Pakistan", "Made in Brazil", Made in Indonesia", etc. The MOST that is accredited to the United States worker is something like "Assembled" in the United States. RARELY is anything completely a product of our country.

These greedy countries who sent their business and jobs over to the sweat shops should also be made to sell their products to these same poor economies.

However, it won't be OUR congresspeople who do ANYTHING about correcting this insanity. THEY are all heavily invested in the profits of the traitor corporations who sent all the jobs to the slave labor countries!! We're stuck with it because they aren't going to work to change any laws to get our jobs back.

The products of the traitor companies are the ones who need to be boycotted! It used to be looked upon as almost SINFUL if you bought ANYTHING that said "Made in Japan", but nobody even bothers to look at labels anymore because patriotism has been murdered!

Posted by: Maerzie | May 7, 2010 10:10 AM | Report abuse

Lessons in Obamaphobe logic #23 and #36

Stock market goes down:
Conclusion: The markets don't have confidence in Marxist Socialist Obama

Stock market goes up:
Conclusion: Obama is a toady for wealthy Wall St. and doesn't care about Joe Sixpack

Job creation goes up
Conclusion: This shows that markets are self correcting and Obama's job stimulus was unnecessary and an interference with the invisble hand of the perfect rational functioning market.

Posted by: dldbug | May 7, 2010 10:10 AM | Report abuse

"the one currently in office who has done all he could to get this thing turned around"

You mean Obama has resigned? Great news.

That's the single best thing that could happen to our economy, getting rid of Obama and his job-killing agenda - today.

Posted by: NoDonkey | May 7, 2010 10:11 AM | Report abuse

IMPEACH OBAMA!!!!!!!!!!!!!!!!!!!

Posted by: askgees | May 7, 2010 10:11 AM | Report abuse

This is not good news! The overall unemployment rate is still going up. Thanks Obama. We can do it, yes we can!

Posted by: liberalsareblind | May 7, 2010 10:11 AM | Report abuse

so the unemployment rate increased from 9.7 to 9.9 percent. But they're looking for work again and that's a strong sign.
-----------------------------
this is just how stupid the washington joke and other liberal media think....people have been looking for work ever since obama took over..but he has created NONE of the 4 million he promised...but then again not everyone drinks his koolaid like the liberal fruits.

Posted by: JWx2 | May 7, 2010 10:11 AM | Report abuse

Other good news from the BLS report that won't be seen on Fox News ....

"In April, the average workweek for all employees on private nonfarm payrolls increased by 0.1 hour to 34.1 hours. The manufacturing workweek for all employees increased by 0.2 hour for the second straight month to 40.1 hours, and factory overtime was up by 0.1 hour over the month. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.4 hours in April. (See tables B-2 and B-7.)

Average hourly earnings of all employees in the private nonfarm sector increased by
1 cent to $22.47 in April. Over the past 12 months, average hourly earnings have in-
creased by 1.6 percent. In April, average hourly earnings of private-sector production and nonsupervisory employees increased by 5 cents to $18.96. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for February was revised from -14,000 to +39,000, and the change for March was revised from 162,000 to 230,000."

Posted by: James10 | May 7, 2010 10:12 AM | Report abuse

IMPEACH OBAMA!!!!!!!!!!!!!!!!!!!

Posted by: askgees | May 7, 2010 10:14 AM | Report abuse

It is ironic that you can give O'bama a pass when unemployment increases through the use of smoke and mirror justification...its' up because more people are looking for jobs? Hey they were still unemployed when they weren't look for a job......so explain the difference other than playing with statistics. The Post would be all over Bush but elect to O'bama a thank you for an increase.....typical! No wonder Newsweek is going out of business!

Posted by: jnorow | May 7, 2010 10:17 AM | Report abuse

You might be a WaPo hack completely in the bag for Barry if you think an increase in the unemployment rate to 9.9% is an improvement.

Posted by: screwjob11 | May 7, 2010 10:19 AM | Report abuse

I guess it is human nature to take short term actions to defer problems to the future. We borrow trillions of dollars to fund short term spending and nobody focuses on what the future bill will look like. I for one don't want my kids stuck with this mess. The only way this works is if we use the short term spending to put into place things that generate long term growth. Unfortunately, doesn't look like that's happening. I have zero faith our elected officials have the courage to tell their constituents "you have to pay more in taxes and receive less in spending so we can reduce our debt". That doesn't get you elected or keep you in office cause nobody wants to hear it. Yet, that's the solution.

Least we forget, these are the same guys who call the healthcare bill a "deficit reducer". Yes, it technically reduces the federal deficit but that doesn't mean we are saving money. They are simply shifting medicade burden to the state level and raising taxes. It doesn't SAVE anything, its 940billion in spending that somebody other than the federal goverment is paying for....

Posted by: getbent | May 7, 2010 10:19 AM | Report abuse

You might be a WaPo hack completely in the bag for Barry if you think an increase in the unemployment rate to 9.9% is an improvement.

Posted by: screwjob11 | May 7, 2010 10:20 AM | Report abuse

Just think of all of the jobs that will be created by Cap and Trade, Card Check and Health Care "reform".

10 million illegal alien "citizens", should swell the employment rolls.

The Democrats have this all handled, just relax. Unemployment should never go higher than 20%, well, unless it's Bush's fault.

Posted by: NoDonkey | May 7, 2010 10:20 AM | Report abuse

On the so called "prosperous Bush years":

"According to the securities industry's Equity Ownership in America 2008 report, the proportion of the population that owned stocks or bonds fell from 57 percent in 2001 to 48 percent in 2008. And in 2008, 45 percent of U.S. households owned stocks—inside retirement programs and in brokerage accounts—down from 49 percent in 1998."

Also:

"The latest report from the Census Bureau on income, poverty, and health insurance is full of interesting data that show that median household income in 2008, at $50,303, was below where it was in 1998. The same report shows (see Table B-1 on Page 44) that both the number and the percentage of people living below the poverty line rose, from 11.9 percent in 1999 to 13.2 percent in 2009"

http://www.slate.com/id/2235377

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Posted by: xianyou55 | May 7, 2010 10:21 AM | Report abuse

Obamunism is bad for America

November, 2010 is National "Dump-all-democrats" month.....

Be sure to participate.

Obama and his loser left are epic failures

Posted by: georgedixon | May 7, 2010 10:21 AM | Report abuse

Posted by: pmendez | May 7, 2010 9:09 AM
"I'm no Bush fan, but the economy experienced positive job growth during most of Bush's 8 years"


Since when is losing 8+ MILLION jobs positive growth?

The only growth was in the financial sector which accounted for 40+% of GDP before the economy tanked.

See ya in November republicans.

Posted by: knjincvc | May 7, 2010 10:22 AM | Report abuse

I recognize that the purpose of putting a positive spin (added 290000 jobs) on the market is to encourage people to spend (things are better) and bolster the stock market -- however, the fact that companies continue to eliminate positions (mine being one) is the biggest issue. This recovery is on the backs of the workers. The true culprits in this case are the financial institutions that gave our hard earned money away and demand the American public save them (think of your interest rates on your credit cards). Defaults are the FAULT of the lenders and 'they' are the ones who should take the fall -- not you and I.

Posted by: cfranz1 | May 7, 2010 10:24 AM | Report abuse

Frank, my man. If you are the 600,000 plus who didn't find work last month, there is little to cheer about in this report. Obama and his wiz kids better get their arms around the many crisis going on. Things are bad, and getting worse. There is nothing for anyone to feel good about regarding the economy or the European debt problems, which I hope don't infect the US economy

Posted by: saelij | May 7, 2010 10:25 AM | Report abuse

You might be a WaPo hack completely in the bag for Barry if you think an increase in unemployment to 9.9% is an improvement.

Posted by: screwjob11 | May 7, 2010 10:25 AM | Report abuse

Well under total control of republicans both state and federal, Ohio lost 300.000 factory jobs, and if you republicans think Obama going to get you back to work in a few years, FORGET IT. You republicans who are out of work, did it to your self.

I do not care for Obama, but give credit where it is due for the worse economy TO THE REPUBLICAN PARTY.

Posted by: dv1236 | May 7, 2010 10:26 AM | Report abuse

As I said, "didbug", patriotism has been murdered. Isn't it time to go to your FAUX programs to see how you are supposed t "think" for today?? The discord in this country has purposefully been instigated, and the gullible "sheep", still called "SHEEPLE" are still very obvious because all they rant are the phrases and terms they have heard by the perpetrators. It's simply too easy to identify those gullible who have sopped up all the free-flowing slime and hate because they don't know HOW to THINK with their OWN brains or are simply TOO LAZY to do research and THINK! If they had a brain, they would change the wording at least a LITTLE!

Posted by: Maerzie | May 7, 2010 10:27 AM | Report abuse

Bureau of Labor Statistics
President Bush's unemployment: 5.27%
obama's unemployment: 9.9% !!!
obma’s depression deepens. No end in site.

Only 39% of voters said they would vote to re-elect obama if the election were held today, while 50% say they would vote for someone else.


Pathetic teabagger obama

Posted by: ItsOver2 | May 7, 2010 10:28 AM | Report abuse

Only the Obama Administration could pin an increase in the unemployment rate into a positive. And, notice that the article says that the economy added 290,000, but does not break down how many were government jobs. We know that at lease 60,000 of the jobs were short term census jobs, and should not even be counted because they are not "permanent" jobs.

Posted by: mike85 | May 7, 2010 10:28 AM | Report abuse

Only the Obama Administration could pin an increase in the unemployment rate into a positive. And, notice that the article says that the economy added 290,000, but does not break down how many were government jobs. We know that at lease 60,000 of the jobs were short term census jobs, and should not even be counted because they are not "permanent" jobs.

Posted by: mike85 | May 7, 2010 10:29 AM | Report abuse

WOW...THANK YOU PRESIDENT OBAMA!

Posted by: unpluggedboodah | May 7, 2010 10:29 AM | Report abuse

The housing crisis was only the spark that started the fire. It was the symptom of the disease, which is called over consumption. Americans have always wanted more of everything and as cheap and fast as possible. We wanted Hummers when all we needed was a fuel efficient sedan. We wanted 7,000 square foot homes when our parents and grandparents made due with 2,000. We want $1.99/gallon gasoline, but are shocked when there is an oil spill. Now we listen to all these corporate and goverment cheerleaders saying "everything is ok, go out and spend, invest in the market". Stop pretending we've fixed this mess in 14 months. We've only delayed the problem and may be making it worse by not dealing with all our unfunded liabilities! Social security is bankrupt and we just launched an new round of spending for healthcare we have no means to pay for....

Posted by: getbent | May 7, 2010 10:30 AM | Report abuse

it's more than 10%...
obama lied to us...
when we crash again...
which we will...
the rest of our wealth will be gone...
so...
vote the dems out in november, 2010...
vote the rest out with obama in 2012...
time for a reset...

Posted by: DwightCollins | May 7, 2010 10:30 AM | Report abuse

I cannot help but laugh at the ever present phrase..."unexpected" that always appears in these labor report articles.

It makes me think the labor "forecasters" are using the same algorithm that the "climatologists" are using.

Posted by: KeythL | May 7, 2010 10:31 AM | Report abuse

is this the last chance for the status quo to wield political power...
with obama will the face of America change...
forever...

Posted by: DwightCollins | May 7, 2010 10:34 AM | Report abuse

Great! More people are entering the job market to make the unemployment rate go from 9.7 to 9.9%

Unfortunately, they are not finding jobs, otherwise they would not be unemployed.

The only jobs that Democrats know how to create is government jobs, to address the increasing number of unemployed, by increasing the size of government which requires more taxes, on businesses and the wealthy, of course, thereby feeding the number of jobs lost and adding to the number of unemployed. This increase requires even more government jobs, to address the increasing number of unemployed, which requires more taxes, on businesses and the wealthy, of course, thereby...and so on and so on. Eventually, there will be no employers or wealthy left in the US and everyone will be working for the government for free as all the money they earn would go towards taxes to support the government jobs.

Posted by: ahashburn | May 7, 2010 10:35 AM | Report abuse

Yessss!!!!The _tick- up in the unemployment rate is a GREAT THING!!!! If we could just get it up to fifteen or twenty percent, happy days would be here again!!! Yaaayyyyy! Go Ba-rack! Go Ba-rack! Go Ba-rack! The Washington Post's, and it's mindless inane columnists', contributions to the Obama campaign effort are not taxdeductible. They are just hoping that when he seizes absolute control, they will be spared the gulags.

Posted by: chatard | May 7, 2010 10:35 AM | Report abuse

Oh, and to whoever said it was the lenders fault that people defaulted on their loans? Come on are you really that stupid? Sure there were some people who got duped, but the vast majority simply borrowed more than they needed. When values were going up, nobody complained. Now values are down and people want a free ride or walk away from their debts. Nobody held a gun at your head and said "take out all your home equity and buy a bunch of crap" did they? The lenders were the drug dealers, but you were the addict. Take personal responsibility for your actions.

Posted by: getbent | May 7, 2010 10:36 AM | Report abuse

gotta love libeal math and liberal good news...this is like a fireman telling a liberal he was able to save his mom and dad from the fire...Great News!...but the liberal also had 4 brothers and 3 sisters in the fire....hahahahah!

Posted by: JWx2 | May 7, 2010 10:36 AM | Report abuse

Mr. Ahrens, why am I suspicious that you wouldn't have written the same positive slant on an increase in the unemployment rate if "W" was still President?

Posted by: Buffal0Bill | May 7, 2010 10:38 AM | Report abuse

George W. Bush's economic program was based on the "Ownership Society". This man said that every adult American should own their own home. This is conveniently ignored by the Right who are quick to bring up a 33 year old piece of legislation from the Carter administration as being critical to the economic debacle of 2008.

Take away the housing bubble and what would GWB have had to boast of during his administration? By 2008 that economy was in tatters and the job growth from the previous 7 years evaporated into the dust.
But the Right doesn't prefer to mention or discuss this.

Here is the truth: On January 21, 2009, Barrack Obama faced the worst economic situation in America since FDR in 1933. And at least in 1933 FDR was given a bye for at least a year by the Republican opposition, and Americans were urged to rally around the President. In contrast, the wolves and snarks from the Right have been snarling at Obama since before he took office. Just like they did to Bill Clinton starting in 1993 and not ceasing until 2001.

Posted by: dldbug | May 7, 2010 10:38 AM | Report abuse

The NYT has a bell curve chart posted of unemployment for the past 5 years. The interesting part is that the increase in job losses PROGRESSES until the end of Bush's term, when it reached its MAXIMUM, and then gradually is successfully DECREASING under President Barack Obama!

Yes, some of you FAUX "Sheeple" need to check out a few other resources so you know what you're talking about!

Posted by: Maerzie | May 7, 2010 10:43 AM | Report abuse

O-BA-MA!!! O-BA-MA!!! O-BA-MA!!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!!

Posted by: unpluggedboodah | May 7, 2010 10:43 AM | Report abuse

I DID post the URL for the Bell Curve graph, but somehow it has been cut off. Here it is again.

http://www.ritholtz.com/blog/2010/01/employment-charts/

Posted by: Maerzie | May 7, 2010 10:46 AM | Report abuse

The NYT has a bell curve chart posted of unemployment for the past 5 years. The interesting part is that the increase in job losses PROGRESSES until the end of Bush's term, when it reached its MAXIMUM, and then gradually is successfully DECREASING under President Barack Obama!


Yes, some of you FAUX "Sheeple" need to check out a few other resources so you know what you're talking about!

---------
Paul Simon's lyric comes to mind: "A man hear what he want to hear and disregards the rest". Describes the Right wing mindset to a T. This is a group that bases their debating skills on how frequent and loud they can shout, "libtard!" or playing with the spelling of Obama's name in derision.

Posted by: dldbug | May 7, 2010 10:48 AM | Report abuse

This artle expresses an logical, reasonable view. This report is cause for a measure of optism for the economy.

Back when the empoyment rate down, Obama detractors had no problem believing it was just because more people were discouraged and leaving the labor market, but somehow then can't wrap their heads around the opposite effect.
-------

Contrary to what a previous poster suggest, the gain is not accounted for by the employment of temporary census workers. Nor are they likely to be mostly minimum wage jobs.

-------

BLS Commissioner Keith Hall’s report on the employment situation offers this partial breakdown of where employment increased:

Census (temporary) 66,000
Healthcare 20,000
Manufacturing 44,000
professional and business services 80,000
leisure and hospitality 45,000
Total 255,000

For a more complete breakdown you can go to the BLS website for a complete breakdown:

http://www.bls.gov/news.release/empsit.nr0.htm

Posted by: chowdown1 | May 7, 2010 10:49 AM | Report abuse

IMPEACH OBAMA NOW!!!!!!!!!!!!!!

Posted by: askgees | May 7, 2010 10:54 AM | Report abuse

Yeesh, this really should be less of a Dems v. Repbs debate. The reality is that we're not doing the right things to create the right kind of jobs. Simply borrowing money at 4% from the future to lend at 0% today isn't sustainable and may make a future crash worse. We need to be doing things to entice companies to hire workers in the USA to make things that are valuable around the world. I don't honestly know if business tax credits or tariffs are the right idea, but simply building the size of the government probably won't work. Also, while somebody is willing to do a job for $10 in india or vietnam that we want $50 to do here we're hosed.

Posted by: getbent | May 7, 2010 10:56 AM | Report abuse

Well done President Obama!

Posted by: unpluggedboodah | May 7, 2010 10:57 AM | Report abuse

I wish people would at least TRY to understand these numbers rather than just demagogue them. The report is good news because the number of discouraged workers is decreasing, even if that results in an increase in the official unemployment rate.

As shown at http://en.wikipedia.org/wiki/Unemployment_rate#Measurement, there are a number of ways to determine unemployment. The official unemployment number does not include "discouraged" people who gave up looking for work. If every discouraged worker suddenly started looking again the official unemployment rate would jump by several percent - even if not a single person in the US had actually gained or lost a job. If you add 290,000 new jobs and 300,000 discouraged people start looking again the official unemployment number will go up, even though more people have jobs now than they did last month. That is what is happening here.

Another useful statistic to look at is the number of new claims for unemployment insurance (http://www.bls.gov/news.release/mmls.t01.htm). It shows how fast people are loosing their jobs. They show that the number of new claims began rising in late 2007, accelerated in 2008 and peaked in May 2009 at more than double the normal rate. It has been dropping since then and is now back to where it was in late 2007. That's not good enough yet, but we are definitely moving in the right direction.

Posted by: jimwalters1 | May 7, 2010 10:58 AM | Report abuse

"No Donkey wrote: Just think of all of the jobs that will be created by Cap and Trade, Card Check and Health Care "reform".
10 million illegal alien "citizens", should swell the employment rolls.
The Democrats have this all handled, just relax. Unemployment should never go higher than 20%, well, unless it's Bush's fault."

####################################

Well, Sir, you may be "no donkey", but you certainly ARE a jackass for NOT looking up the HISTORY of HOW we came to have so many illegal aliens from Mexico!

The REPUBLICANS, got the brainstorm to import cheap labor for their corporations, and simply let it get WAAAAAAY out of hand. It ACTUALLY "SHOULD BE" the Republicaans who also RESOLVE the problem they created, but they are, of course, the "PARTY of NO", whch means they don't DO anything! They create the problems, and the Democrats have always CLEANED UP their messes that they're too LAZY to do themselves!

Google the Illegal Immigrants/Undocumented Workers!! Find out WHAT you're talking about BEFORE you open your mouth. Research your OWN facts. FAUX "facts" are RARELY true! They are listed as ENTERTAINMENT, NOT "news", so they are allowed to make up their "own" facts(?)!


Posted by: Maerzie | May 7, 2010 11:02 AM | Report abuse

What’s wrong with you, Washington Post? Where is the investigative journalism? Where are today’s Bob Woodward and Carl Bernstein?

Oh, that’s right…this is a democrat president, administration, senate and house of representatives. They can do NO wrong. Look, they’ve even added new jobs (while the NET unemployment increases). What was I thinking? (in my very best Emily Litella voice)…never mind…

Posted by: sosueme1 | May 7, 2010 11:03 AM | Report abuse

dldbug - Barack Obama was given a free pass and he used it to pass a "stimulus" Bill that did absolutely nothing positive, other than lining the pocketss of major Democrat donors.

What's there to "rally around" after that?

"Please Mr. President, take more of my hard earned dollars to give to sterling organizations like ACORN, the teacher's unions and various worthless pork barrel projects all strategically place in Democrat districts".

We have the most partisan president in history who is also the least experienced president in history.

Recipe for disaster, BIG mistake electing Obama.

Posted by: NoDonkey | May 7, 2010 11:09 AM | Report abuse

It's unfortunate that the information presented here by Fred Ahrens tells only part of the story. Yes, 290,000 jobs were added but 60,000 were government jobs. Secondly, many of the jobs were jobs created by companies gearing up for the summer tourist season which may or may not continue depending on success of the season. California, Florida, Texas and New York as well as others, hire this time of year for visitors from the USA and Europe. With the sad state of the European economy, there is considerable concern these jobs may go away. I wish that Fred Ahrens would be more objective and tell both sides of the story rather than showing a political bias.

Posted by: kenccrawford | May 7, 2010 11:14 AM | Report abuse

I'm not an economic professor, but, it's strange to me that so many people on here actually try to defend this author. "
"Unemployment is up to 9.9, from 9.7, and that's a good thing.
My uneducated self thinks we might be going the wrong way with this. Maybe they're just testing public opinion, so they can see what it will be when unemployment gets worse.

Posted by: jimmy_7591 | May 7, 2010 11:18 AM | Report abuse

HI-01 - Great news, yet another safe Democrat seat will fall in a special election.

There will be white caps on the tidal wave of donkey blood rolling down Constitution Avenue after the November election, no amount of media spin is going to save the Democrats, they will lose Congress.

Goodbye Speaker Pelosi, goodbye Gambino errand boy Reid. Don't let the door hit ya.

Posted by: NoDonkey | May 7, 2010 11:19 AM | Report abuse

"ask gees wote: IMPEACH OBAMA NOW!!!!"

######################################

RIIIIIGHT!! Obama should be impeached for trying to clean up all Dufus's messes, but all the murders of innocent civilians, pregnant women, babies, soldiers from multiple countries from starting unending wars by LYING to Congress should just sorta be "overlooked"?? Obviously, you belong to the "Party of NO" that isn't even REALLY a "party" anymore because you are a non-thinker!!

It's ALWAYS easy to identify the "do nothings" because they never "THINK"!!

They simply "parrot" whatever sounds "cute" to them! They are the party of NO because they DO NOTHING and HAVE no "party" anymore!! Believe me, they EARNED that name!

Flood the country with MORE illegal immigrants for us to support in luxury, and start a few MORE WARS!!

THEN, complain about all the money the "Democrats" spend!!(on YOUR bills!!)


Posted by: Maerzie | May 7, 2010 11:25 AM | Report abuse

"In more great economic news, the stock market fell off a cliff yesterday.

But it was a beautiful, scenic cliff!

And that fecal sandwich you're eating?

Lots of protein.

Posted by: NoDonkey | May 7, 2010 11:33 AM | Report abuse

Geez, some of you silly-socialists should really scope out a new career in pretzel making…there hasn’t been twisting like this since Chubby Checker.

Oh, and George (dubya) Bush hasn’t been the president in over a year…it’s been in all the papers. Give it a rest!

Posted by: sosueme1 | May 7, 2010 11:33 AM | Report abuse

"Please Mr. President, take more of my hard earned dollars to give to sterling organizations like ACORN, the teacher's unions and various worthless pork barrel projects all strategically place in Democrat districts".
Recipe for disaster, BIG mistake electing Obama.

Posted by: NoDonkey
----------------
I think it's great the way you staunchly defend the freedom of CEOs to rape and pillage the American middle class, yet vilify teachers who already make less than Taco Bell managers as if they are the cause of the economic mess we're in.
Nice priorities, tool. You'll go far in the Tea Bagger Brownshirt Korps.

Posted by: DAMNEDGENTLEMEN | May 7, 2010 11:35 AM | Report abuse

"teachers who already make less than Taco Bell managers"

How much do their union bossses make and how much do the legions of "education" administrators make?

Fire all of them and give a raise to teachers, the taxpayer will still find relief in the end.

Teachers are NOT underpaid, BTW. Their pay is more than fair, they receive generous benefits and they have summers off. Try that in the private sector, that is if you can even get a job in this terrible economy Democrats have created.

Posted by: NoDonkey | May 7, 2010 11:40 AM | Report abuse

What the Republican wants is LOTS and LOTS of bulk DUMB, GULLIBLE people because they NEED those numbers to get them into office! They don't WANT people who know how to think because THOSE PEOPLE will be able to see through the SCAM!!

The Republican Party actually consists of the politicians and stockholders who own thousands and thousands of shares in the multi-million dollar corporations, but of course, everybody KNOWS there simply aren't THAT many people in this country who are THAT wealthy! (Which means, of course, not a whole lot of votes!)

Let's see now? HOW do you THINK(?) they will GET all the votes needed to get elected?

Of course! They will round up all the middle income Democrats, who don't know how to THINK so haven't figured out which party's philosophies are for the "normal" people and which party's philosophies are for the MULTI-MILLIONAIRES. These are really wannabe Republicans because it MIGHT make them seem more "successful" to themselves. Then, throw in an issue or two to catch the stupid and gullible, and, there you have it!! Gullible democrats voting as Republicans for the super wealthy objectives! They're called "SHEEPLE"~~People who just follow the leader, like sheep follow their herder. Sheep don't THINK either!

There you have it. The Republicans have their voters! These sheeple actually vote AGAINST themselves and their families their entire lives because they don't understand those philosophies and they REALLY believe they're "republicans"!

Where's all their corporate money and benefits?? Why do they only live like average Americans? That part never even enters their minds!

Posted by: Maerzie | May 7, 2010 11:47 AM | Report abuse

I am sure that the large majority of the few Obama defenders on this site have not looked at the Bureau of Labor Statistics today. There is a measure on the BLS called U-6. That measure INCLUDES those people who work part time who need a full time job and those people who had been on Unemployment, STILL DO NOT HAVE A JOB, and are classified as discouraged. The BLS U-6 percentage is 16.9%. Think about that one!
Obama has given us an economy which has resulted in ONE OF SIX people who want full time work not being able to get it.

The article is just an attempt to turn the anger of the populace around. It won't work because being out of work or partly employed is the starkest statistic of them all. We all know someone in our family who is either out of work or underemployed.

Obama just doesn't get it. Neither does the Washington Post. Wait until November 2010. The anger will show up in the votes against the present administration!

Posted by: ronmomel163 | May 7, 2010 11:50 AM | Report abuse

I am sure that the large majority of the few Obama defenders on this site have not looked at the Bureau of Labor Statistics today. There is a measure on the BLS called U-6. That measure INCLUDES those people who work part time who need a full time job and those people who had been on Unemployment, STILL DO NOT HAVE A JOB, and are classified as discouraged. The BLS U-6 percentage is 16.9%. Think about that one!
Obama has given us an economy which has resulted in ONE OF SIX people who want full time work not being able to get it.

The article is just an attempt to turn the anger of the populace around. It won't work because being out of work or partly employed is the starkest statistic of them all. We all know someone in our family who is either out of work or underemployed.

Obama just doesn't get it. Neither does the Washington Post. Wait until November 2010. The anger will show up in the votes against the present administration!

Posted by: ronmomel163 | May 7, 2010 11:51 AM | Report abuse

THE WASHINGTON POST, ANOTHER LIBERAL ARM OF THE OBAMA ADMINISTRATION, CAN SUGAR=COAT THE JOB FIGURES ALL THEY WANT, BUT THE FACT IS THERE ARE 15 MILLION PEOPLE STILL OUT OF WORK, AND COUNTLESS MORE WHO HAVE GIVEN UP LOOKING FOR WORK! I WOULD BET THAT MOST OF THE 290,000 NEW JOBS WERE FEDERAL JOBS, JUST WHAT OBAMA WANTS, WORKERS DEPENDENT ON THE GOVERNMENT FOR THEIR EXISTENCE! ALL THE RECKLESS SPENDING, GOVERNMENT TAKEOVERS OF COMPANIES, GOVERNMENT DICTATING SALARIES, CAP N TRADE, ENVIRONMENTAL NONSENSE, AND MORE TAXES AND FEES ON BUSINESSES, HAVE STIFLED HIRING!! A SMART MAN LIKE OBAMA HAD A PLAN TO FUNDAMENTALLY CHANGE THE USA, AND HE HAS DONE IT! HE HAS MADE MANY TOTALLY DEPENDENT ON HIM FOR THEIR LIVELYHOOD! THIS IS NOT GOOD! STILL, THE PRESS GOES ON DEFENDING AND SUGARCOATING THE OBAMA AGENDA WHICH HAS BEEN A DISASTER FOR THE FREE ENTERPRISE SYSTEM, BUT GOOD FOR A SOCIALIST SOCIETY!

Posted by: donn09 | May 7, 2010 11:55 AM | Report abuse

Maerzie - I fail to see where it's in my interest to be unemployed and depending on the bounty of a welfare check, bestowed upon me by an absolutely worthless, corrupt and incompetent Democrat politician like Barack Obama.

But then, I guess I'm just stupid.

I don't recognize that my elite masters, possessing Divine Right from Gaia, know and care about me more than I do.

Thanks for the education.

Posted by: NoDonkey | May 7, 2010 11:56 AM | Report abuse

"No Donkey" obviosly thinks that the millions of productive Democrats, who are scientists, nurses, teachers, laborers, farmers, college students, etc., are ALL on welfare?? Like I said, yo may not be a "donkey", but you certainly ARE a non-thinker!! The Republicans NEED people like you!

Posted by: Maerzie | May 7, 2010 12:06 PM | Report abuse

Maerzie - So "non-thinkers" are those who don't swallow the DNC spin put out by mouthpieces like the Washington Post, the NY Times, all of the major networks, etc.?

So "thinking" that a man with a job-killing agenda (Cap and Tax, Health "Reform" and Card Check) is responsible for killing jobs, is not thinking?

Do you realize who Wall Street contributed to the most during the 2008 election cycle? It wasn't the GOP. Obama received over a million dollars in contributions from Goldman Sachs and all of Wall Street is behind the financial "reform" package Democrats are pushing, wake up and smell the donkey dung.

Posted by: NoDonkey | May 7, 2010 12:13 PM | Report abuse

Obviously, "no donkey" thinks that all the democrats, who are scientists, nurses, laborers, miners,attorneys, retired people, teachers, farmers, etc. are on welfare??

You may be "no donkey", but you certainly are a non-thinking "sheeple"! Good luck! The Republican party(?) NEEDS many more LIKE you! Just BELIEVE! NEVER study or think! be a good little fill-in "republican" for the corporative votes.

Posted by: Maerzie | May 7, 2010 12:14 PM | Report abuse

Jobs were created under Bush by artifically charging and inflating and over valueing everything especially houses. The myth of home ownership which Bush was pushing only made things worse because it enabled the financial crisis by forcing everyone to use their house as a piggy bank to raid fo all of the new awesome, expensive items you need to buy. The whole premise of America is a capitialist/consumerist society with the false impression we have it better than everyone else in the world. We don't. When it comes to education we're as dumb as a bag of rocks. We're 25th in the world standings. Instead of developing compassion we develope greed and huge egoes and discrimination via socioeconomic class.

Posted by: ruffyy | May 7, 2010 12:14 PM | Report abuse

Teachers are NOT underpaid, BTW. Their pay is more than fair, they receive generous benefits and they have summers off. Try that in the private sector, that is if you can even get a job in this terrible economy Democrats have created.

Posted by: NoDonkey
--------
You obviously don't know any teachers since you display your ignorance of the situation so boldly.
But then again, That's the Tea Bagger Trademark: The less you know, the louder you scream.

Posted by: DAMNEDGENTLEMEN | May 7, 2010 12:15 PM | Report abuse

"You obviously don't know any teachers"

I know two high school teachers (art and business). They make a combined income of $150K+ and the live in a $600K house in Bethesda.

They have summers off and leave their kids in day care while they party. They will retire at age 55 with a nice pension.

Not begrudging them, but good lord, teachers are NOT underpaid.

Posted by: NoDonkey | May 7, 2010 12:19 PM | Report abuse

Obama has added 1.2 million census workers to the govenment payroll. Change we can believe in. NOT

Posted by: farmsnorton | May 7, 2010 12:20 PM | Report abuse

Obama has added 1.2 million census workers to the govenment payroll. Change we can believe in. NOT

Posted by: farmsnorton | May 7, 2010 12:22 PM | Report abuse

"When it comes to education we're as dumb as a bag of rocks. We're 25th in the world standings."

We spend far more per capita than any other nation on "education" and we have terrible graduation rates.

$15K per pupil in DC, for what?

Why are Democrats never questioned on the complete disaster that is "public education"? We don't have a trained workforce and that's because we are locked into a failed system, perpetuated and defended by Democrats.

Why do Barack Obama's kids go to a private school BTW?

Posted by: NoDonkey | May 7, 2010 12:24 PM | Report abuse

Sorry Donkey, but I watch ALL the news channels and no specific party input. I used to vote Republican, but then I learned HOW to think a couple years ago. I used to be a good little believer, like you. I think for myself. If you look at the history of contributors to presidential candidates, you will note that large corporations, especially the financial sector, ALWAYS donates the most to the most intelligent, best educated candidate because they WANT their country and their clients to be doing well. If they donated huge amounts to a self-absorbed average intelligence candidate, it wouldn't make sense. The donations rarely follow party lines, except in cases of heritage. They normally follow BRAINS! You don't seem to "get" it!!

Posted by: Maerzie | May 7, 2010 12:33 PM | Report abuse

The post forgot to mention that Obama has hired 1.2 million census workers. There gone the first week in JULY.

Posted by: farmsnorton | May 7, 2010 12:33 PM | Report abuse

WHICH President's children EVER went to public school? Maybe Amy Carter (another Democrat)? Every child I remember since Truman's piano playing daughter went to PRIVATE school. However, I'm sure if YOU were president, YOUR children would OBVIOUSLY go to public school!

As far as the failure of public schools, I went to all private schools, but my children only had public schools available and all 4 did brilliantly. It isn't the school as much as it is the disinterest and uninvolvement of parents, who don't have time, and allow television and hand-held games raise their children, while they make enough money for a 12 bedroom, 7 bathroom house! Priorities have changed to material things, far above people and family, in far too many homes.

Posted by: Maerzie | May 7, 2010 12:49 PM | Report abuse

I do know that most teachers HATED "No Child left Behind" because the paperwork involved took precious TIME away from the children, which is the most important part of teaching and learning.

Posted by: Maerzie | May 7, 2010 12:56 PM | Report abuse

"if YOU were president, YOUR children would OBVIOUSLY go to public school!"

If I were a public school shill, yes. I would lead by example.

If I were a public transport shill, I would take public transportation. Not jet around in 747s, carrying four people and the pilots.

"you will note that large corporations, especially the financial sector, ALWAYS donates the most to the most intelligent, best educated candidate"

Looks like they missed their mark on this one, we have an unimaginative idealogue who has no idea what he's doing.

Wall St. knows "the Chicago Way" and they paid accordingly. And they got paid back from the Democrats, rest assured.

Posted by: NoDonkey | May 7, 2010 1:01 PM | Report abuse

"You obviously don't know any teachers"

I know two high school teachers (art and business). They make a combined income of $150K+ and the live in a $600K house in Bethesda.

They have summers off and leave their kids in day care while they party. They will retire at age 55 with a nice pension.

Not begrudging them, but good lord, teachers are NOT underpaid.

Posted by: NoDonkey
----------------
Wow, $75 whole thousand dollars to teach. What do you think a mid-level Bank Exec with an Associates makes? More, that's how much. Since my significant other is a teacher, I'd love to quiz you so I can blast your lies full of holes. The 'Teachers' you know, to make that, are probably over ten years in, and hold at least grad degrees if not masters. I suppose you think 75 grand is unreasonable for someone who spent 8 years in school, has to continue their education every year, has to pay for their own FBI background checks and much of their continuing ed, etc.
Thank God yokels like you don't choose the teachers for my kids. Cheapness would not be my first concern. I'm sure the teaching of Creationism is yours.
Weren't you the one spazzing about how Obama was sticking it to doctors and taking food out of their mouths? Your hypocricy reveals your bigotry. Defending your narrow minded propaganda will get harder and harder for you as people begin to prosper again after such a long dark century up until now.

Your priorities are a joke donkey('s @$$). You should move to Arizona, they love self-defeating idiocy and defiant self-degradation there. Even Mississippi and West Virginny make fun of those dim bulbs. Make sure you pick up your sister/wife at her Hooters job before you go...

Posted by: DAMNEDGENTLEMEN | May 7, 2010 1:10 PM | Report abuse


"No Donkey" continued: Why are Democrats never questioned on the complete disaster that is "public education"? We don't have a trained workforce and that's because we are locked into a failed system, perpetuated and defended by Democrats."
###################################

"perpetuated and defended by Democrats??"

I hate to be the one to have to remind you, but we just got over 8 YEARS of Republican influence (which did no good at all) on the schools.

Of course, only the Democrats CAN be blamed for anything because it is the ONLY party that IS a party and that DOES anything!!

If you don't DO anything, of course, you can't be "blamed" for anything!

And the Republicans are the remnants of a party(?) of "NO"!!

Posted by: Maerzie | May 7, 2010 1:15 PM | Report abuse

The post forgot to mention that Obama has hired 1.2 million census workers. There gone the first week in JULY.
Posted by: farmsnorton
------------
We all look forward to your new excuse for our continued recovery at that time. Some suggestions:
'Obama has a secret coven of witches working on a curse to put on real Americans.'
'Obama is causing cancer rates to go up so he can kill us all and have all the money for himself.'
'Obama is plotting to sell the Statue of Liberty to North Korea in exchange for their cooperation in the war against China (that Obama is about to start to distract Americans from his funneling taxpayer money to illegal immigrants let into America by Democrat...uh, I mean DIMocrat agents at the border) and Isreal.'

Just a couple of suggestions. Try them out in the mirror in your mom's basement and see how they feel.

Posted by: DAMNEDGENTLEMEN | May 7, 2010 1:20 PM | Report abuse

Actually it's an IMPROVEMENT if the Bureau of labor Statistics are finally beginning to report the people who have used up ALL their quarters of unemployment compensation! The way they USED to report it was that when your unemployment compensation quarters were used up, you became NON-existent, even if you STILL had not found employment. Only the people COLLECTING unemployment money were counted as unemployed. The ones in REAL devastation, without even an unemployment check, weren't even in the statistics any more!! And, then there are also the self employed, who frequently don't have a big enough business to even pay into oe EVER collect from unemployment benefits!! THOSE kinds are LEGION!!

Posted by: Maerzie | May 7, 2010 1:36 PM | Report abuse

Who is Frank Ahrens? He is a know-nothing journalist, not an economist. He says:
"So today's takeaway: Don't focus on the increase of the rate from 9.7 to 9.9 percent. That's actually a good sign in this instance. Focus on the fact that the economy added 290,000 new jobs last month". Wow! So less is good! Of those bogus jobs, most of them were Fed. Gov't jobs. You know, the kind where salaries are paid in TAXES. At some point, the people who don't have jobs can't pay taxes for those who have gov't jobs and pensions. The average income for those still working is $40,000. State and local gov't jobs pay averages $60,000. Fed. Gov't employees aveage $80,000. This is crazy! Get over your idealogy and try to focus on the fact that the banks OWN THIS COUNTRY NOW. We've already had a financial coup de etat in the U.S. Political control will soon grow even more with a false-flag terror event that the elites have planned for some time now. Be sure to participate in your own destruction. Me, I've got a fishing shack in Costa Rica, suckers.

Posted by: shred11 | May 7, 2010 1:51 PM | Report abuse

"We all look forward to your new excuse for our continued recovery at that time."

Good luck on that, did you notice the stock market lost 1000 points yesterday?

Employers aren't hiring because they have no idea what this insane clown Congress and the Obama-ite Chicago aldermen are going to do next.

Posted by: NoDonkey | May 7, 2010 3:15 PM | Report abuse

I have a suggestion, why not choose only the unemployed people for jury duty. Imagine all the court cases nationwide.Omit those people that have jobs already and let's give the unemployed some dignity from the unemployment line

Posted by: walker0113 | May 7, 2010 4:07 PM | Report abuse

Think of all the jobs that will be created by Obama ignoring Memphis and his collossal failures in the Gulf of Mexico recently.

"Shovel ready" projects.

Mud, oil and bodies.

Chicago pols not only know where the bodies are buried, they know how to get their votes.

Posted by: NoDonkey | May 7, 2010 4:31 PM | Report abuse

Mr. Ahrens, when the WaPo goes under or on the trading block like your sister publication, "Newsweek," you are going to have trouble getting a job that requires you to tell the truth. How do you sleep at night, counting all your lies and half-truths? And you look like a grown man in your pic. Sad.

Posted by: RonKH | May 7, 2010 6:25 PM | Report abuse

Unemployment and poverty are the norm in every "socialists" (commie) country like the country Obama is creating. As Obama said, he's radically transforming the U.S. He's radically transforming it into another failed socialist/Maxist country like Venezuela or Cuba.

Posted by: AntonioSosa | May 7, 2010 7:36 PM | Report abuse

I cannot believe the way some of the respondents want to blame and berate the president. This situation didn't start on his watch. This situation is because of the greed and lack of compassion of the American people who put their faith in Bushes financial doctrine. The whole purpose of buying a house was to craete a means of endless fees and penalties and the credit default swaps. There is also an issue with value. You folks want to be rich and buy a Bentley so you long for the days when the robber baron financials were raping the system and stealing from you and me and making us pay for it. Everyone should own a house and use it like a piggy bank to finance cars, vacations and second homes. You will never run with the big dogs, forget it. You will always be a small fry supporting the upper classes by consuming unescessary goods and services.

Posted by: ruffyy | May 7, 2010 8:28 PM | Report abuse

have you people really looked around you? what jobs? maybe in washington not in tennessee. we need jobs too. this comment about jobs and i will say it in a nice way is so untrue................pleaseeeeeeeee

Posted by: joyces1 | May 7, 2010 8:42 PM | Report abuse

TGhis is not Obama's problem. Dubya started the problem and Obama in herited the problem. The problem was the unregulated financial system and encouraging greed which is what Dubya did.

Posted by: ruffyy | May 7, 2010 8:55 PM | Report abuse

Wrong, ruffyy, it's progressives and their socialist agenda and fraudulent institutions (ACORN, Fanny Mae, Freddy Mac) who created our current financial problems. In spite of nefarious fiscal policies initiated and advocated mostly by Democrats like Carter, we were doing OK until the Democrats gained control of Congress and pushed for Fannie Mae and Freddie Mac to go even further in promoting subprime mortgage loans, which are at the heart of today’s financial crisis.

Those who know about socialism/Marxism, the Russians, for example, are gloating. From Pravda:

"It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple...

"The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.
http://english.pravda.ru/opinion/columnists/107459-american_capitalism-0

Posted by: AntonioSosa | May 8, 2010 12:16 AM | Report abuse

yup im not buying it either. this article is to just to protect the congress and used as a cover up. honestly they need to pick up the pace on either kicking up the jobs more.. i mean ALOT more. if this is true about 290k of jobs its not even half of the people who are unemployed nation wide. what's this i hear about "green" jobs? what is this? do they actually suppose to land us in a farm? or some kind of industrial greener or something. come on people wake up.. we need to keep on bugging congress especially those who are illiterate towards what is happening to the United States and its economy. We need a extension for TIER V.. this is not a forever thing.. its temporary until things get straighten out.. we have people killing themselves, robbing, threats, gang violences, harassments, etc.. just to make ends meet..

What is Congress really doing? Honestly what are they actually doing? Congress is to blame for jobs, the unemployed and the sick!

Posted by: unemployedperson | May 9, 2010 2:14 PM | Report abuse

The state of the economy is very depressing. This is the first time i have been our of work in 25 years. Ipull muy self up by my bootstraps to 65k and now I get to drop back to 20k thks to bush and his goons.

Posted by: fjfelton | May 9, 2010 8:47 PM | Report abuse

We need to extend Tier 5.

Please sign and support this call to action.

http://www.change.org/petitions/view/the_99ers_need_a_tier_v_added_to_unemployment_benefits

Posted by: Tim_incubator | May 11, 2010 11:18 AM | Report abuse

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