Unemployment Rate Falls to Lowest Since March 2009
- Posted on December 2, 2011 at 7:06am by
Billy Hallowell
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WASHINGTON (AP) — The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy.
The Labor Department said Friday that the unemployment rate dropped sharply to 8.6 percent last month, down from 9 percent in October. The rate hasn’t been that low since March 2009, during the depths of the recession.
Still, 13.3 million Americans remain unemployed. And a key reason the unemployment rate fell so much was because roughly 315,000 people had given up looking for work and were no longer counted as unemployed.
Employers added 120,000 jobs last month. And the previous two months were revised up to show that 72,000 more jobs added – the fourth straight month the government revised prior months higher.
Private employers added a net gain of 140,000 jobs last month. Governments, meanwhile, shed another 20,000 jobs, mostly at the local and state level. Governments at all levels have shed almost a half-million jobs in the past year.
More than half the jobs added were by retailers, restaurants and bars, a sign that holiday hiring has kicked in. Retailers added 50,000 jobs, the sector’s biggest gain since April. Restaurants and bars hired 33,000 new workers. The health care industry added 17,000.
The presidential election is less than a year away, which means President Barack Obama will almost certainly face voters with the highest unemployment rate of any president since World War II.
And Europe’s financial crisis threatens to slow U.S. growth next year. A recession in Europe could reduce U.S. exports, hurt global financial markets and dampen business confidence.
Paul Ashworth, an economist at Capital Economics, estimates that the economy will expand 2.5 percent in the last three months of this year. But he expects growth to slow to 1.5 percent in 2012, partly because of the crisis in Europe. And if Congress fails to extend the Social Security tax cut and long-term unemployment benefits this month, growth is likely to slow even further.
Weak job growth means companies don’t have to raise pay to keep their employees. Fewer jobs and lower pay leaves consumers with less money to spend. That’s holding back economic growth.
In the past three months, the economy has added an average of 143,000 net jobs per month. That’s enough to keep up with population growth and better than the previous three months, when the economy averaged just 84,000.
Other recent economic reports have been positive, too.
Factory output expanded last month. Retailers reported a strong start to holiday sales over the Thanksgiving weekend, consumer confidence surged in November to the highest level since July, and Americans’ pay rose in October by the most in seven months.
Car sales also rose sharply in November, normally a lackluster month for the auto industry. Chrysler, Ford, Nissan and Hyundai all reported double-digit gains on Thursday, compared to a year ago.
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Comments (66)
righthanddrive
Posted on December 2, 2011 at 1:22pmHeck, I’d be repeating myself on this site but what the heck: If unemployment is down then the economy is growing. So why is Congress pushing for extending the payroll tax cuts? Why is POTUS jumping up and down wanting to get this extension? Something is not right. And it is my money these guys are spending.
Report Post »762x51
Posted on December 2, 2011 at 12:36pmNo it didn’t. Simply not counting people is not a lower unemployment number. This is a LIE. The real number, you know counting EVERYONE that is unemployed is over 15% and only that low because of seasonal employment, the number will go up again after Jan 1. Google U6! Lying sack of crap!
Report Post »GilbertAcct
Posted on December 2, 2011 at 5:54pmMad_Hatter (aka Founding Father)… thanks for the great link (for the zillionth time). How much does the Daily Candidate pay you?? Or are you paid by the Romney campaign?
Report Post »lylejk
Posted on December 2, 2011 at 12:26pmThey don’t even count the under-employed. Jobs are nil where I live, but I have responsibilities that keep me in my home town. That said, I do contract work, but it’s all but nil (made around $150 2 weeks ago, but last week and this week nada). Because I do contract work, I can‘t partake in unemployment but wouldn’t now anyway (did so for 4 months before starting the contractor route 1.5 years ago). Trust me, the jobs, if any, are not much more then minimum wage jobs. NAFTA and GATT has finally did what Ross Perot warned back at that time and we can thank Clinton and Gingritch for that (despise them both). I’m just worried what happens in the next few weeks with the Euro crisis. If we think things are bad now, how about the what happens to the dollar since the bought a $Trillion worth of Euros in exchange for dollars to shore up the Euro. God help us all if the Euro fails now. :)
Report Post »lylejk
Posted on December 2, 2011 at 12:32pmSorry, my fingers type slower then my brain works. What I meant to say, God help us all when the Euro fails. We just spent a $Trillion for Euros that may not be worth more then the paper they were printed. That will definitely cause jeapardy to our currency no doubt. We have idiots running the FED and not much more then stones in the head running D.C. :)
Report Post »Ironeagle
Posted on December 2, 2011 at 12:12pmNo one believes these numbers; more lies, propoganda and manipulation from the government. The real unemployment number is closer to 17-18%.
Report Post »I.Gaspar
Posted on December 2, 2011 at 10:48amObama’s administration just writes off and ignores those who no longer receive benefits or have given up looking in this horrible jobs market that obama makes worse with every program or regulation he forces down our throats.
Report Post »Stalin went a little bit further to lower his unemployment numbers; he rounded up the unemployed and killed them. Maybe that’s just in the planning stages at this point.
slackjaw79
Posted on December 2, 2011 at 11:05amAm I allowed to post that this was a crazy comment? Anyone? Does anyone recognize how irrational this comment is? Obama is planning on killing people to keep unemployment low? Is this a joke or do you really believe this? For some reason, I’m having trouble keeping the jokes and the crazy comments separate.
Report Post »13th Imam
Posted on December 2, 2011 at 11:30amThe crazy comment is the Headline. The actual unemployment figure is around 16, SIXTEEN,, 16 percent. . Illustrating the absurdity , by being absurd.
Barry is Absurd , Dump him Nov2012
Report Post »I.Gaspar
Posted on December 2, 2011 at 11:44am@slack:
Report Post »That’s because it is beyond your grasp. You no doubt took Hank Williams Jr’s comment about Hitler and Netanyahu literally as well. But neither is a “joke”, sadly.
Here’s a “joke” you might understand… A ham sandwich goes into a bar and asks for a beer. The bartender says “We don’t serve food in here”. The ham sandwich says “I don’t want any food; I just want a beer”.
If you don’t understand that this administration is taking us into uncharted waters, you are simply a fool.
13th Imam
Posted on December 2, 2011 at 11:50amOr
A muslim, a terrorist, and a marxist, walk into a bar,
The bartender looks and says,
What can I get for you?, Mr. president
Is that above your understanding??
Report Post »Infadelicious
Posted on December 2, 2011 at 11:58amand the presidents says, “you can get me one of everything” since it‘s the taxpayer’s dime. also, bring some extra swordfish sliders for Moochelle. she be very hungry!
Report Post »I.Gaspar
Posted on December 2, 2011 at 11:58am@13th Imam:
Report Post »You got me beat with yours…LOL.
swimmer1940
Posted on December 2, 2011 at 10:41amDo your math. It’s not possible for the rate to fall that far unless over 600,000 people were hired in the past month. It’s bogus Washington baloney.
Report Post »DrFrost
Posted on December 2, 2011 at 10:49amSeasonal hires for black Friday and the upcoming shopping season. We see this bump every year.
Report Post »AxelPhantom
Posted on December 2, 2011 at 10:55amYou are correct, the way unemployment is calculated is bogus. People who have been unemployed for longer than x lose their benefits and are dropped from the unemployment numbers, and those who have taken part-time work at wally world, rather than finding work in their usual field of say computer programing, are counted as “employed”.
“Payroll gains in the U.S. picked up last month and the jobless rate unexpectedly fell to the lowest level since March 2009, a decline augmented by the departure of Americans from the labor force….
Report Post »The unemployment rate, derived from a separate survey of households, was forecast to hold at 9 percent. The decrease in the jobless rate reflected a 278,000 gain in employment at the same time 315,000 Americans left the labor force
The so-called underemployment rate — which includes part- time workers who’d prefer a full-time position and people who want work but have given up looking — decreased to 15.6 percent from 16.2 percent.
The report also showed an increase in long-term unemployed Americans. The number of people unemployed for 27 weeks or more increased as a percentage of all jobless, to 43 percent from 42.4 percent.”
HorseCrazy
Posted on December 2, 2011 at 11:55amthese numbers are fudged. just because someone doesnt collect unemployment doesnt mean they should be dumped off of the darn list. I am sick of being lied too. our country has plenty of idiots that will look at the headline and think, wow we are back in business obama is doing a great job. thats why the calculations are done this way. If the truthful number was reported we would be getting a lot of folks to wake up and recognize we have stepped in it.
Report Post »Nevermind
Posted on December 2, 2011 at 10:39am“Spyder
Posted on December 2, 2011 at 10:02am
Seriously? So the example of 1 person (Of whom you are biased) makes it all happy-hunky-dorey? Look at the National Debt clock in the upper right side where it says, “Official Unemployed” and the number below it that says, “Actual Unemployed.”
http://www.usdebtclock.org/
You’re saying that your 1 example should make us all happy when there are still the 25,000,000+ who are still unemployed? ROFL!! Go back to sleep.”
I could give you an example of the other 29 people that got hired at the same job including my sister. Or a friend who lost his job a few months ago and just got hired . Or how about the fact that the company I am with is hiring 100 more full time employess that start on January 9th. But i am sure you would not be pleased with that as well since you are such a patriot. Thats is over 130 peopel just in one county that i am aware of being hired and that is good news. Also we had a pay freeeze during the Bush years ( becasue the owner of the company saw the recession coming a mile away as most wiht half of a brain did) and imposed a pay freeze to keep everyone he had and the doors open. We no longer have a pay freeze and I got an increas in salary a few months ago, just got promoted so i get another increase and a merit increase in 2 more months. So i would say based on my experiance and the other 1500 people that work here things are getting better.
But please, complain about good news more
Report Post »JohnnyMidknight
Posted on December 2, 2011 at 11:10amNevermind, the numbers are a farce… The fact is that over 80,000 where seasonal jobs that come every year but are gone come February. You are happy for the wrong reasons. The 315,000 that stopped looking are people who 99 weeks of unemployment expired. Why are we to be happy at this? This is not growth of the economy. We had only 2.5% growth for the last three months. However it will drop to 1.5% in 2012. Not to mention that the article reads that the lack of available new jobs is keeping pay low (IE NO RAISES).
Meanwhile, inflation is hitting in energy and food prices (which are not included in the inflation rate the government claims). Thus, the government is creating and spreading the gap between rich and poor by making more middle class fall into poverty through devaluing the dollar. It is to create the elites in the new economy of COMMUNISM. I am not a hack, I am spreading the truth. This is opium to keep you sated. The Blaze is actually trying to warn you.
Report Post »I.Gaspar
Posted on December 2, 2011 at 11:13amyour comments are anecdotal.
Report Post »The big picture is what‘s important and it is bleak at best because of all the efforts of this marxist administration and pelosi and reid’s valiant work in the first two years’ super majority.
You made mention in your comment of “anyone with half a brain”…
That pretty much covers you and the rest of the naive libs who cannot see what is really being done to us. You people like to blame Bush for everything…just wait and see what your president does to all of us if he stays in office.
umreb78
Posted on December 2, 2011 at 5:04pmYou are a simple minded moron who see the top line 8.6% headline and figures, whew…everything is better. My guess is you couldn’t actualy compute the unemployment rate if you were given both the numerator and the denominator (this is the one where the DC thugs fudge everything, btw). It is simpletons like you that will be swallowing Obama’s victory speech on jobs like Lind Loveless swallowed franks…the same ones that COULD sentence America to four more years of the worst leader in the history or mankind..Congrats
Report Post »watashbuddyfriend
Posted on December 2, 2011 at 10:01amI wish I could trust the report that the rate has dropped to 8.6%?
Report Post »Bill in Texas
Posted on December 2, 2011 at 10:07amDidn’t they just report yesterday that unemployment was back over 400K?
http://www.reuters.com/article/2011/12/01/us-usa-economy-instant-idUSTRE7B018820111201
Report Post »Infadelicious
Posted on December 2, 2011 at 10:28amunemployment down? A HA HA HA HA HA HA HA HA HA! THAAAAAAAAAAAAAAAT’S RICH! unemployment down, …..crazy talk! HA HA HA HA HA HA HA! you‘re killin’ me.
Report Post »umreb78
Posted on December 2, 2011 at 5:23pmTrust me Watashbuddyfriend, you can trust the fact that the government put out an 8.6% number, but if you think things are getting better consider this. The economy added 140,000 NET jobs in November. Meanwhile, 340,000 workers either ran of out of unemployment benefits or just gave up on looking for work. To these numbers, those 340,000 people DO NOT EXIST! THey are NOT included in the total workforce number (the denominator). The rate is unemployed people divided by total workforce (people working or LOOKING for work). Bottom line is this….140,000 people working in new jobs (good) and a reduction in the numerator. 340,000 nonexistant people who are in neither the numerator or the denominator…RESULT…200,000 FEWER people working in November than in October. Does that sound like things are getting better??? Fact is, the 340,000 number is the largest we’ve seen since the recession began and this report is ACTUALLY the worst unemployment report since the early 70s (if you are an American with some principles and work ethic)….But if you are a pol in DC, yeah, this is great cause it gives you more ammo to fool the media and the masses. People, we have to look INSIDE THE NUMBERS. The 8.6% is a purely political tool! If all unemployed folks stopped looking for work and collecting UI benefits, guess what…The rate would be 0%!
Report Post »lylejk
Posted on December 2, 2011 at 9:59amAnd if you believe this number, I have some cheap swamp land to see you from Virginia. What a freaking joke. The real number folk need to look at is how many folk are participating in the foodstamp programs and combine that with the number living in homeless shelters. Even that isn’t 100% foolproof, but that result will be enough to scare the bejesus out of you. At least some folk who really need it got some seasonal work, but when $5 toys are the norm this Christmas, it won’t make a dent into real recovery for our economy. Europe is even worse off then we are and we will know withing 10 days if the Dollar/Euro exchange really wasn’t pure folly or not. :)
Report Post »ConservDadASD
Posted on December 2, 2011 at 9:52amHow soon folks before we see BHO walking up behind the podium, looking down at his faithful companion (Mr. Teleprompter), and boasting how the unemployment rate slipped .4% and how his economic plan is starting to work… and that we only need 4 more years to let him complete the job of getting the rate down to 3%? Will it be this afternoon? Tonight? Tomorrow? Surely not any longer than that.
Report Post »lylejk
Posted on December 2, 2011 at 12:18pmMuch earlier then your assumption; already saw him talk about this. lol
Report Post »Cavallo
Posted on December 2, 2011 at 9:49amWhat happens when the Christmas help is let go in Jan?
Report Post »TheePolitinator
Posted on December 2, 2011 at 9:52amRight was thinking the same thing. Many are working part-time and only for the x-mas season.
Report Post »The Bove
Posted on December 2, 2011 at 9:48amLost job Monday. I’m just a bad American. These numbers always piss me off. They are way lower than the actual number not employed, and when it is you who is struggling it is real pain and not just a statistic. Polititians touting numbers improving is frankly insulting. But my faith is in God and not these clowns. I will suceed.
Report Post »diablosho
Posted on December 2, 2011 at 9:55amI think you just said you lost your job Monday…is that correct? If so, I am deeply sorry, and I pray you find work soon for your sake and the sake of your family!
Report Post »Nevermind
Posted on December 2, 2011 at 9:47amThe “patriots” on the blaze seem to be quite happy about the over 100k people that are now working. Such proud americans celebrating their fellow americans getting back to work just warms the heart. Seriously, i know you guys dont like Obama but be happy for those who have found work. My sister has been out of work for over a year and just got a full time job starting next week and has been offered another job which she will be taking as well. her having 2 jobs as opposed to none and no need for unemployment assistance is a great thing.
Be Americans rather than partisan hacks and he happy for those who are working.
Report Post »Spyder
Posted on December 2, 2011 at 10:02amSeriously? So the example of 1 person (Of whom you are biased) makes it all happy-hunky-dorey? Look at the National Debt clock in the upper right side where it says, “Official Unemployed” and the number below it that says, “Actual Unemployed.”
http://www.usdebtclock.org/
You’re saying that your 1 example should make us all happy when there are still the 25,000,000+ who are still unemployed? ROFL!! Go back to sleep.
Report Post »Infadelicious
Posted on December 2, 2011 at 10:03amgreat news for the 120,000 who got jobs! crap sandwich for the 315,000 who have dropped off the list cause they‘re not lookin’ and for all of America because Obama will use the twisted numbers to dupe the public and “pat himself on the back” ( and we know he hates to do that)
Report Post »JohnnyMidknight
Posted on December 2, 2011 at 11:02am@ Nevermind
Report Post »You really have it backwards… We “Patriots” are upset because the numbers are false. They are based on temporary jobs for the Christmas season and people who are no longer collecting unemployment. If anything, we are had that the people stopped collecting (thus not adding to more spending we can not afford), but the numbers of unemployment are still high and are not calculated in the numbers the government claims as unemployment. Don’t be fooled by the title. The really part of the story is that the the economy is slow due lack of new jobs being created in the private sector. I wonder, what is causing this? Oh yeah, uncertainty in the marketplace that causes people like me from opening my own business and seeking a business loan when the economy is on the edge of tanking due to government overspending and devaluing of the dollar. Thanks to increased labor costs, healthcare costs, regulations that make first time business owners cross their eyes, and over-taxation the system is crumbling. Those who are the benefiting end (IE collect food stamps, collecting from the EITC and receiving other forms of government assistance) are more likely not to work hard as they will not benefit from their additional labor when the aid is received freely. What? Work to earn $40,000+? Why? The government gives me the difference for having 2 kids and working part time. http://www.alligator.org/opinion/columns/article_e2ca9e2a-f86d-11e0-a400-001cc4c03286.html?mode=print
AxelPhantom
Posted on December 2, 2011 at 11:08amYou need 120,000 new jobs each month just to keep up with new people entering the job market. So the“creation” of 120,000 jobs does nothing to lower the unemployment rate, it simply keeps up with the new job seekers such as college grads and high school kids looking for work for the first time.
The unemployment situation will not begin to improve until more than 120,000 jobs are created, although it will be touted as a miracle by the MSM and Obama as well. So what people are berrating here is not the 120,000 people who have found work, it is the MISREPRESENTATION of truth to the public that will happen in the political and media circles.
Report Post »Infadelicious
Posted on December 2, 2011 at 9:44amoh goody! 120,000 more people have signed on to take care of and pay for that woman’s 15 kids. phew! can someone check the level of the ocean? I’m sure Obama has fixed that too. do the math: 120,000 minus 315,000 = yep! dat economy be all fixed now fer shizzle yo!
Report Post »silentme63
Posted on December 2, 2011 at 9:37amThis is Silly we are not dumb.. Jobs are not to be found anywhere bc congress, have sold their soul to THE DEVIL…
Report Post »DirtyDeeds
Posted on December 2, 2011 at 9:32amOkay, this happens every single year just before Christmas companies go on a seasonal employee hiring spree. This helps them meet the demand of consumers during the biggest consumer spending spree of the year.
Report Post »Spyder
Posted on December 2, 2011 at 9:40amBingo!
Report Post »JohnnyMidknight
Posted on December 2, 2011 at 9:54amActually, look at this line:
“And a key reason the unemployment rate fell so much was because roughly 315,000 people had given up looking for work and were no longer counted as unemployed.”
The reason unemployment is falling is this, not the 120,000 temporary jobs for the seasonal help. The fact is that the 99 weeks of unemployment is ending for thousands of collectors. The Government changed the unemployment numbers in the 90′s to only include those who are actually collecting (which you can only collect if you are looking for work). If you cease looking, or run out of benefits, you are no longer included in the count. Beware, this is a false number! The unemployment is really much higher.
Here are some numbers to run by:
http://articles.businessinsider.com/2011-01-24/markets/29974517_1_part-time-unemployment-labor-force
Employed: 139.206 million people (58.3% of labor force)
Unemployed: 14.485 million people (6.1% of labor force)
However, this is not 100% of the labor force. Some of the missing people:
Part time employed for economic reasons: 8.931 million people.
Part time employed for non-economic reasons: 18.184 million people.
The by far largest category “missing” from both the Employed and Unemployed statistics is the “Not In Labor Force”: 85.2 Million people.
So the accurate numbers are:
Report Post »Employed: 139.206 million people (58.3% of labor force)
Under or Unemployed: 126.8 million people (41.7% of labor force)
OneTermPresident
Posted on December 2, 2011 at 9:31amIt’s not a secret that… the real rate is around 18%. If you’re not collecting benefits…. they don’t count you.
Report Post »Spyder
Posted on December 2, 2011 at 9:48amSo that now beds the question, “How many people fell off the rosters this past month and became under-employed?” Combine that with the number of part time jobs added during Thanksgiving, Christmas and New Years and you get to really fudge the numbers to make it look a pile of Unicorns and glitter.
Report Post »littlefish
Posted on December 2, 2011 at 9:28amDoes anybody believe these figures . . .?
Report Post »Sometimes we include only new claims . . .sometimes . .we include those underemployed, sometimes not. . .they never include those who have quit looking .. .and often … as in this time of year… seasonal, temporary employment show a “surge” and then ignored when assignments are over . . . . If a meteor hit and destroyed half the world. . .Obama would claim he cut unemployment in half. . . so vote for me . . .
Silat
Posted on December 2, 2011 at 9:27amPlease…how many people just stopped looking? I am not kidding, I see people in their 80′s working at retail stores because their retirement has been wiped out. Hat’s off to Sears…they have several 80+ year old ladies working.
Report Post »Lloyd Drako
Posted on December 2, 2011 at 9:26amOnly three comments so far on a story posted nearly three hours ago?
Apparently, good economic news is simply too depressing for Blazers even to contemplate. as long as Obama is president.
Report Post »Spyder
Posted on December 2, 2011 at 9:36amOnly because it isn’t really true and anyone with half a brain knows it. Holiday season = part time work to accommodate the crowds = unemployment back up following the ‘End of the Year’ close-out sales. Look up past rates around this time of year and the trends will say it all.
Report Post »Lordchamp
Posted on December 2, 2011 at 9:41amNo need for comments. The numbers are fake and will as always be revised down in a couple of weeks or so. They don‘t give a true picture so what’s to be excited about. Not to mention that there is no basis for anyone with any common sense to expect that it means anything for the future. When you look at the big picture, this means absolutely nothing. With everything else that’s going on in the world, and especially in this Country, any kind of recovery will be short lived.
Report Post »AUTeaParty
Posted on December 2, 2011 at 9:46am315,000 people just gave up looking for work which was the primary cause of the rate drop. THAT’s “good’ news?
Report Post »The Eradicator
Posted on December 2, 2011 at 9:49amLloyd,
So…what’s it like being a drone?…
These figures are fake. Seasonal normalities. Look it up, drone!
Report Post »Lloyd Drako
Posted on December 2, 2011 at 9:58amThe figures are not fake. The seasonal bump in employment has to be accounted for, but note please that the unemployment level is lower than at any time since March 2009, not December 2009 or 2010. Oh, and Merry Christmas.
Report Post »Alright Guy
Posted on December 2, 2011 at 9:25amWe‘re back baby we’re back!
Report Post »Spyder
Posted on December 2, 2011 at 9:52amYou say that, but as you look around, has anything really changed? The news reported right after Black Friday that Americans spent the most money on a Black Friday this year. They also said that Cyber-Monday was record-breaking sales too. Could that be because things now cost more and the dollar is worth less? Think about it…
Report Post »Alright Guy
Posted on December 2, 2011 at 1:09pmThis was suppose to be a little Seinfeld (George) humor. I do think there is a very slow recovery going on, because factories around here are starting to hirer back. However I am sure true unemployment is about double what they are stating because of those who stopped looking.
Report Post »The Eradicator
Posted on December 2, 2011 at 9:22am*Grabs good time dancing shoes and runs out door*
Sweet!…Unemployment is down! The market is surging! and good times are here again!…
I dont know about you all, but B.O. is getting my vote!…
(Note: Comment is bathed in satire)
Report Post »OneTermPresident
Posted on December 2, 2011 at 9:46amExcellent…satire
Report Post »Infadelicious
Posted on December 2, 2011 at 9:47amgood times dancing shoes? or do you mean the new “air force one” nike basketball shoes designed just for the messiah? what ‘s next a line of golfing shorts for the dufus in chief?
Report Post »@leftfighter
Posted on December 2, 2011 at 9:18amWow. With news like that, you‘d almost think the last 12 months’ Misery Index wasn’t higher than any 12 month period since since 1984…
Just saying.
http://www.miseryindex.us
Report Post »Spyder
Posted on December 2, 2011 at 9:17amYou mean all those part-time Black Friday and Christmas jobs have been filled for the busy season and so the numbers are once again skewed with BS temp job info to make it look all pretty; like what happened with the census? After Christmas, that rate will spike again.
Sure… Blow some more smoke up our A$$es.
Report Post »Tomess
Posted on December 2, 2011 at 9:14amOnly .6% lower to fulfill your promise, Mr President.
Report Post »13th Imam
Posted on December 2, 2011 at 11:05amHis promise was that it would not go ABOVE,, ,, HIGHER THAN, > , greater than, 8%, eight percent, VIII percent. the true unemployment is above 16%
Report Post »