Unemployment Rises to 8.3%
- Posted on August 3, 2012 at 8:35am by
Jonathon M. Seidl
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The July jobs report was released on Friday morning and shows that 163,000 jobs were added during the month. However, despite the additions, the unemployment rate still rose to 8.3 percent.
July’s hiring was the best since February. Still, the economy has added an average of 151,000 jobs a month this year, roughly the same as last year’s pace. That’s not enough to satisfy the 12.8 million Americans who are unemployed.
The rate increased because the government uses two surveys: A survey of businesses showed job gains, but a survey of households showed fewer people had jobs. Economists say the business survey is more reliable.
In addition, June’s jobs numbers were revised down and, as we noted earlier this week, U.S. manufacturing shrank for the second straight month in July.
High unemployment could hurt President Barack Obama’s re-election hopes. No president since World War II has faced re-election with unemployment over 8 percent.
The rising rate also sheds new doubt on the president’s claim this month that “we tried our plan and it worked.”
The Associated Press contributed to this report.
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Comments (61)
LeadNotFollow
Posted on August 3, 2012 at 10:15am…
Report Post »8.3 percent?
I’m not buying that low number. I think true unemployment is more like 18 percent.
JRook
Posted on August 3, 2012 at 10:44amIt’s certainly appears to be a better plan than the one Bush Jr. implemented which resulted in job losses in the millions during his last 2 years.
Report Post »huey6367
Posted on August 3, 2012 at 11:04am@jrook
Thanks to a Democratic Congress. Stop blaming Bush. Odimbulb has had 3-1/2 years to do something with it. Even if it was worse than they thought. Time to s*** or get off the pot.
Report Post »cosette
Posted on August 3, 2012 at 11:31am@JROK…. The Democrat Party… After 164 years, still putting lipstick on a pig.
Report Post »Soul Leister
Posted on August 3, 2012 at 11:34amnews flash:
Bush had a DEMOCRAT HOUSE AND SENATE for his last two years… that is when the economy went to hell in a handbasket… democrats wrote the legislation not bush… he had no choice but to sign the crap they sent him because the moderate republicans could be easily bought off to veto him… that is why the TEA party started throwing those moderates out… and replacing them with people that can’t be bought (and that scares democrats… because that is the only way they know how to do business)… those are the facts.
Report Post »Soul Leister
Posted on August 3, 2012 at 11:43amThe debt increased 2.7 trillion in the first six years of BUSH’s eight with a republican house and senate… fact.
The debt increased 2.8 trillion the the LAST TWO years of BUSH’s eight with a democrat house and senate… fact.
The debt increased 3.8 trillion the FIRST TWO years of OBAMA’s four with a democrat house and senate… fact.
The debt increased 1.2 trillion the third year of Obama’s four with a republican house and democrat senate… fact.
The debt will have increased 1.3 trillions this OBAMA’s last year with a republican house and democrat senate… fact.
BUSH increase 5.5 trillion in EIGHT years (most of it under a democrat house and senate)
OBAMA did that in less than FOUR years (same amount in half the time, he is the loser).
Obama increased the debt
Report Post »Soul Leister
Posted on August 3, 2012 at 11:46amSmall business’ started dumping jobs/employees when it look for sure like Obama would be elected… they knew their costs were going to skyrocket under an Obama administration with a corrupt democrat house and senate… they were right… all the job losses are a direct result of idiots voting for Obama (to be part of a historic event instead of someone that would not let the democrat house and senate screw this country into the hole we find ourselves)… thanky you idiots, very little.
Report Post »YOUR NOT GETTING MY GUNS
Posted on August 3, 2012 at 11:53amHow can you have 200K-300K people sign up for first time unemployment each week, add 163k jobs and say unemployment went up .1% ? I would assume you would have to been working to sign up for the benefits.
Report Post »yougottabekidding
Posted on August 3, 2012 at 11:57amJRook
Report Post »You really do come up with some stupid crap!
After this administration is done changing how the numbers are done and the facts are completed there aren’t enough jobs left to loose that many jobs.
And I would be willing to bet most of those are temp jobs that are counted as new jobs when the month changes. In other words the same temp employee getting a new job after being laid off from a previous temp job.
Cabocla
Posted on August 3, 2012 at 12:45pmWhy those mentally retarded liberals can not see how INCOMPETENT the IMPOSTOR Obama really is?
Report Post »phillyatheist
Posted on August 3, 2012 at 10:09amand yet the stock market is up BIG today. keep in mind people, that the stock market is a leading indicator. better times are on the horizon, no matter who wins in November.
Report Post »Gonzo
Posted on August 3, 2012 at 10:51amI’m glad you are not my financial advisor.
Report Post »huey6367
Posted on August 3, 2012 at 11:00amI think you don’t understand how easily the stock market is manipulated by rumor.
Report Post »rfycom
Posted on August 3, 2012 at 10:02amDuh – lets give all our money to the rich people so they can afford to hire us so we can work for them and keep sending our money to them via tax breaks. I got dizzy writing that one. If you think the rich man has you best interest at heart you are crazy. You just keep that old nose of your buried deep in the rich man’s crack and see what it gets you bro.
Report Post »cessna152
Posted on August 3, 2012 at 10:19amDuh…let’s keep giving our hard earned money to the Federal government so they can keep giving it to Petrobras, Soros, Solyndra, radical groups that have nothing to do with the Constitutional role for government.
BTW, just in case your progressive mind keeps forgetting, let me remind you:
The top 1% pay 43% of all the countries taxes.
The top 10% pays 73%
The top 25% pays 94% of ALL taxes.
Seems to me that 75% of the country is not paying their fair share!! Yet you’re okay with that…why?
Report Post »Parrid1
Posted on August 3, 2012 at 10:59amUnless its an Obama stimulus package….. It is not your money…. Unless you are the part of the 50% that pay for the other 50% it’s not your money, if you didn‘t get your butt in gear in or after high school and are waiting around for a fluff govt job it isn’t your damn money…. The government only prints money and takes it…. It does not produce, it consumes…..
Report Post »huey6367
Posted on August 3, 2012 at 11:02am@rfycom
I got dizzy reading your post
Report Post »zoro51
Posted on August 3, 2012 at 9:52amobaaaammmaaa obaaaammmaaaa obaaaaammmaaaa… dont cry for me americaaaaaaa.. evita obama tax n speech HAS CAUSED THIS not bush OBAMA the leftist muslum non american born MARXIST.. time to remove this SELF MADE CZAR in november
Report Post »kfogs1957
Posted on August 3, 2012 at 9:49amThank god for the stimulus. Think how bad we‘d be if it wasn’t for that? What has worked the past 3.5 years except the non stop blaming of the previous administration? At what point does this administration show the American people some progress?
Report Post »bizznizz1
Posted on August 3, 2012 at 9:48amNo matter who wins,It will not stop the pain it will take to fix the mess America is in. all the numbers are rigged. are you prepared to feed you family for an extended period of time ???? The Crash Is Coming. We can help. http://www.fullmoonsurvival.com/ prepare now while supplies last. God Bless.
Report Post »doomytram
Posted on August 3, 2012 at 9:34amHarry Disgusting Treasonous Reid, Barrack Insane Oblamer, Nancy Botex Brains Pelosi, Barney Doosh Bag Gerbil Fwank, Maxine Gov’t Takeover Your Life Watters et al. All of you Progs built this Neo Global Communist System. We all know you can’t get us out of this and the cops acted stupidly. All of the above will be muted and stopped come November. Capitalism scores again, like the 2010 Tea Party vote, Just yesterday, in my state, a Jet manufacturer (Remember Oblamer’s war on leer jets?), that was acquired by a Red Chinese Company fired 180 American Workers. Also, in my state, a Windmill manufacturer fired 200 people. Red China and Green Jobs are bending us over….. Keep in mind that the fastest growing sector of the Tea Party are what people are calling “broke back mountain reformed democrats” (People who thought they were democrats, but have been bent over by disastrous Oblamer.) If spending more money than we have, and flushing nearly 800 billion a year down the toilet with Federal Gov’t waste were a good thing, then we this country would be doing fine…. “The Private Sector is doing fine” -Blamer “It’s Bushes fault” All of the mis,dis, and uninformed Obamabots.
Report Post »ricckky
Posted on August 3, 2012 at 9:30amJust wait and see—I WOULD STAKE MY LIFE ON THE FACT–When Romney is elected–depending how much more intentional damage The liar-n-Chief can do during the “Lamb Duck Period”–The Economy will take off like a bullet!!!! And The Liar will take full credit for this–Due do all his fantastic policies–“it just took longer than expected”.
Report Post »doomytram
Posted on August 3, 2012 at 9:39amThis Pathetic sack of garbage that we have couldn’t care less about our economy. He only cares about how much jack he is going to make to give speeches around the world. If he wins, which he won’t, because he sucks worse than anyone we have ever seen, then he can command at least $350K per speech. If he loses, which he will, because he sucks worse than anyone we have ever seen, then he can only command Jimmy Carter like money….$125K per ridiculous speech. Blamer just wants $$ and win some more awards for doing nothing. He has been running for re-election for 6 years.
Report Post »sndrman
Posted on August 3, 2012 at 9:19amto bad the 1st black preident will be rememebred as idiot,under experienced,over socialist, small fish in a big big big ocean…..
Report Post »contkmi
Posted on August 3, 2012 at 9:18am8.3%? That’s nothing. See what happens if Obama gets 4 more years.
Go read the U6 number, too. That tells what unemployment really is.
Report Post »sndrman
Posted on August 3, 2012 at 9:13amyou know the jobs report would be fine and resolved if romney would just release his tax return from the last 10 no no 15 no no 20 years…..funny how dingy hairy reed and axelROD brought this up just in time for the unemplyoment numbers so the left has their talking points for the weekend…….to divert from the real news or facts……..
Report Post »TWO BITS
Posted on August 3, 2012 at 9:02amObama’s apologists have added a new twist to their spin. According to them, voters are now aware that the economy will not improve for years no matter who is president, so they might as well stay with Obama. Ridiculous logic, but it may work with people who bought into the fabrication of history in 2008.
Report Post »progressiveslayer
Posted on August 3, 2012 at 9:22amThe parasites and slackers who voted for Barry in 08 will vote for him no matter what,they don‘t care about this country only what they can get for ’free’. That leaves the precious independents,if someone can‘t make up their mind about a president who is intentionally destroying capitalism right before their very eyes they don’t have the intellectual capacity to understand what‘s going on and shouldn’t be allowed to vote.
Report Post »huey6367
Posted on August 3, 2012 at 8:54amI hate to see unemployment numbers go up but if it means the destruction of the Obama administration then it is a good thing.
Report Post »RightUnite
Posted on August 3, 2012 at 8:52amThey didn’t make those numbers, someone else did!!
Report Post »Gonzo
Posted on August 3, 2012 at 8:46amBarack Hussein Obama: “We’ve tried our plan, and it worked.”
Report Post »Hugh Williams
Posted on August 3, 2012 at 9:01amHis plan is working! The problem is most people thought his plan was to improve the economy. But Obama’s plan was to destroy capitalism and make as many people dependent on the government for survival as possible. He is actually one of the few politicians that have actually done what they promised to do. He said over and over he would fundamentally transform America. Most of his supporters thought this meant he would make things better. But those of us that knew his history knew his fundamental transformation actually meant destruction.
Report Post »barber2
Posted on August 3, 2012 at 9:13amHUGH: I’m with you. The Far Left Obama Democrats are just part of the international Far Left which does not value traditional American values which they all want to ” change.”
Report Post »Gonzo
Posted on August 3, 2012 at 9:26amI guarantee his ‘plan’ didn’t include becoming a one term POTUS.
Report Post »HKS
Posted on August 3, 2012 at 9:30amYes that plan was defiantly for an American shutdown. Things this bad are not an accident, there a plan.
Report Post »cbrown
Posted on August 3, 2012 at 11:25am163,000 jobs added. The unemployment rate may fall below 8% soon. Please brace for 4 more years of Obama.
Report Post »Gonzo
Posted on August 3, 2012 at 11:35amDream on liberal. He needs to add 250,000 jobs a month to make a dent. He’s not even sniffing those kinds of increases.
Report Post »heavyduty
Posted on August 3, 2012 at 8:45amIt would really be nice if they would ever post the real unemployment numbers. These silly numbers are just a waste of space.
Report Post »soybomb315
Posted on August 3, 2012 at 8:56amexactly. They are going along with the progressive game
Report Post »AJAYW
Posted on August 3, 2012 at 8:45amDam Bush screwed it up for obummer
Report Post »sndrman
Posted on August 3, 2012 at 9:09amyou’re right…I can see 2032/20 years from now the liberal socialist running for president will also be blaming bush……so get to used…………..
Report Post »progressiveslayer
Posted on August 3, 2012 at 8:45am8.3% LMAO that number is for the masses,It’s more like 22 -23% that‘s the real world number but the Marxist POS doesn’t live in the real world,he became very wealthy after becoming a ‘public servant’.
Report Post »huey6367
Posted on August 3, 2012 at 8:54amHe became wealthy from writing books that I think someone else wrote and he puthis name on them.
But he became wealthy through the capatalist system of selling books. Write a book, it gets published people give you money for it – capatalism. That system he dislikes so much but doesn’t seem to have a problem with the money it can make him.
F’n hypocracy is what that is.
Report Post »Tri-ox
Posted on August 3, 2012 at 8:43am“We tried our plan … and it worked!” – Barack Obama
Report Post »Detroit paperboy
Posted on August 3, 2012 at 8:43amWe tried our plan, and it worked………….idiot.
Report Post »SCREW-WINDOWS
Posted on August 3, 2012 at 8:42amBogus numbers recheck that figure.
Report Post »Individualism
Posted on August 3, 2012 at 8:42ammany are probably just summer jobs aka temporary wonder how many of the many are.
Report Post »Itsnakemo
Posted on August 3, 2012 at 8:41amAlso, Gasoline prices are way up again! Just what we need!
Report Post »Gonzo
Posted on August 3, 2012 at 8:47amFood prices about to soar due to drought in the corn belt.
Report Post »AIDANMAN
Posted on August 3, 2012 at 8:41amno, you must be mistaken.. call the white house… we are in a recovery, and the POTUS is focused like a laser…
Report Post »boston-rightwinger
Posted on August 3, 2012 at 8:39ami think the community organizer is way over his head. Time to fire him.
Report Post »Gonzo
Posted on August 3, 2012 at 8:49amHe’s over his head in the baby pool.
Report Post »Hugh Williams
Posted on August 3, 2012 at 9:08amObama is doing exactly what he has dreamed of for years. The destruction of capitalism and the creation of a nation totally dependent on the government for survival is his dream. All the bad things happening is not because Obama is over his head and incompetent it is because that is what he planned. He is a student of Alinsky and believes the ends justify the means.
Report Post »barber2
Posted on August 3, 2012 at 9:10amUnless the community organizer was sent to de-organize the capitalist system ! Remember his good Chicago friend and possible sponsor , Bill Ayers, “ gets us each morning hoping to destroy capitalism” and Mr. Obama said he wants to “redistribute” and he “feels the frustration” of the OWS groups which are international anti-capitalist groups . Think this is ” the plan .”
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