hasn't been this high since Reagan

Yes We Can,.. Yes We Can,.. Throw the country in the Can..!

Change,.. that's running out, the meter is on empty and so is my pocket.

It is a serious job, for serious people and all they've brought is a failed ideology of socialism. Seizing Bank, seizing automakers, they've attempted to take over energy with cap & trade and now with medicine. All of which will cost jobs or already have. In the time to come we will look back at this day and say remember when unemployment was just 10%.

Obama has destroyed the economy faster than Castro or Chavez did in their own respective disasters of socialist states. It was three years before Castro started seizing business and not till his second term did he start seizing business. Obama did so his third month in office..! He has sold Hummer to China, Chrysler to Fiat, closed Saturn and Pontiac. Nearly 2000 dealers have been cut off for no reason because the cost of a dealer is minimal compared to the facility to the costumers, How can you sell "more" cars with fewer dealers...?

Where is the cost logic of closing an existing factory to build a new one in another state...?

Idiots leading Idiots followed by even bigger idiots...!

It was all planned for Obama has said. I think we got a turd coming down the Pike. Nothing more or Less.

When one considers that the official figures represent only the tip of the iceberg, it means the real iceberg must be pretty big!

Many people who have no job but are desperate to find one are not counted in the official figures for various reasons.

Clearly, Obama has no clue how to predict outcomes let alone prevent further job loss.

Hang On! We still have three more years of this to go.
The idiots at the end of this four years will still be trying to blame it on Bush.

Yes. That damn George Bush.

well Bush was a big part of the shit thats going on Ken . don't give that madman a pass

Does this mean we give a pass to the present administration for the mistakes and over 10% unemployment, and the increasing war in Afganistan that Obama promised to end in his campaign?

no pass for Obama of course not . as far as the promise to end the war in Afganistan . that promise wasn't made . your mistaken for GW illegal Iraqi war . Obama is putting a end to that war

I read the news. I remember Obama promising peace. Obama hasn't ended any war. You still try to give Obama a pass.

11 months in . you really must think Obama has the powers of god and Bush did the devils work

So where are all those "created" jobs Democrats? Please let me know because my 53 year old husband has been only working part time for the last year and a half.

Obama says, "Things are great, we still have almost 90% of the people working."

And the bullcrap keeps on coming out.
The bailouts were supposed to keep this from happening. That is what was said. If all those large employers were to let go bankrupt there would be massive layoffs, the country would have rising unemployment, millions would be let go and be unemployed if we do not help those huge companies from going under.
That is why the bailouts were enacted, so everyone would not be laid off and society go down also.

Guess that was a crock of crap, because they still laid off millions of people, and to top it off, some of those companies are still going to go bankrupt because after all the billions given to make them solvent, they still can't make it without billions more, wonder where all that money is going ?

Just to let you know how much a Billion dollars is, a billion minutes ago, Jesus Christ was still alive.
And we gave many billions to business who still need more!

Proves what a liar obaaaama is. I saw this on TV. They were trying to avoid calling obaaaama a liar. obaaaaamas admin listed everyone that got a raise as a job saved.

It looked to me like Wall Street loved this news, it ended up positive. I'm scratching my head over that one. Unemployment in England and Germany is around 7.5%, everybody else seems to have positive growth. We're the highest unemployment in the developed world. I guess the stimulus is working as intended

The DOW is up only slightly. The Street looks at all kinds of indicators and unemployment was already anticipated.

Food for thought, though: The US has the higher unemployment than Western Europe and also has higher tax rates. Any correlation there?

makes sense to me, but evidently it doesn't to this communist administration. The street was not expecting this number today and that's why I'm confused why any investor would think we are coming out of a recession. Maybe they are in the same la la land that Obama is in

Wall st. is looking at productivity gains and cost savings. Companies have adjusted and are becoming profitable at reduced volumns.