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June Jobs Report Shows Unemployment Has Remained Unchanged: Is This Good or Bad News for Obama?

Chris D 2012/07/06 19:00:00
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The jobs number is a big factor in the election. The fact that the June number is flat is very interesting for the political landscape. Many pundits have suggested that President Obama is running against the economy, not Mitt Romney. But with the jobs growth number unchanged, Obama might actually have to run against Romney after all. Is the news good or bad for the President?

MONEY.CNN.COM reports:
Hiring was lukewarm last month, with employers adding jobs but not enough to bring the unemployment rate down.
money cnn reports hiring lukewarm employers adding jobs unemployment rate

Read More: http://money.cnn.com/2012/07/05/news/economy/jobs-...

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Top Opinion

  • Daryl 2012/07/06 19:09:19
    Bad
    Daryl
    +37
    More Americans were added to the disability roles than got new jobs last month and Obama and his Harvard educated economists promised 5.6% unemployment if he got his trillion dollar 'stimulus' package.

    harvard educated economists promised 5 6 unemployment dollar stimulus package

    Do the 50% of Americans that pay no federal income tax care?
    Unlikely.

    Do the record setting number of Americans that receive government money care?
    Probably not.

    Do the political activists that will vote Obama no matter what care?
    Of course not.

    Does not matter what the facts are. 90% of the media will report these bleak numbers as good news. Fox and a few blogs will report it as bad news and most Americans will focus on Matthew McCaunaghey's new baby.

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  • Mj PINKYFINGERDOWN 2013/01/25 13:35:59 (edited)
  • Mj PINK... Mj PINK... 2013/01/25 13:36:55 (edited)
  • Mj PINK... Mj PINK... 2013/01/25 13:45:41
  • Dave 007 2012/08/05 01:39:31
    Bad
    Dave 007
    Jus another election promise of obama that he lied about.
  • vinone 2012/07/24 04:34:28
    Bad
    vinone
    Is this a serious question? It's no big deal, the American people don't want unemployment to go down.... (sarcasm)
  • rightside 2012/07/22 23:41:56
    Bad
    rightside
    +1
    Almost 4 years and no 'hope and change' for the better.
  • Bob 2012/07/21 15:01:23
    Bad
    Bob
    People don't have work how is the middle class going to pay the outrageous US debt?
  • Charles... Bob 2012/08/18 18:21:18
    Charles Polk
    So vote for liberals what will make millionaires like Romney pay more than 13% a year in taxes if you don't want the middle class to pay for it. Stupid.
  • Bob Charles... 2012/08/20 12:26:39 (edited)
    Bob
    NOT! I don't like way they think.
  • RUSHETTE 2012/07/20 20:25:34
    Bad
    RUSHETTE
    THIS COMMUNITY ORGANIZER WOOED THE PPL WITH LIES & PROMISES NOT MEANT TO BE KEPT. IF HIS SHEEPLE WOULD STEP BACK & SEE WHAT HE HAS DONE TO AMERICA, THEY WOULD BE SHOCKED.
    THERE ARE NONE SO BLIND AS THEY WHO WILL NOT SEE
  • Jenna 2012/07/18 23:24:28
    Neither
    Jenna
    Check out http://www.bls.gov/cps/cpsaat... for actual data and note that the numbers need to have three zeros added. Our current unemployment rate in June 2012 is 8.2 which is better than last year's 8.9 and much better than the 9.3 when Obama took office. We have also increased the population of those ready to join the work force by more than 7 million people since Obama took office. Why do we think the number is flat this month? We gained jobs!

    Pay attention to who is doing the interpreting. Obama was handed a bad economic situation along with two incredibly expensive wars. He brought home troops who needed jobs and who have mostly joined the work force at home when he ended the Iraqi war and he plans to bring home more who will need civilian jobs by 2014. The previous administration's loose regulation of banks, insurance, and mortgages left Obama with a huge real estate collapse that snowballed into world economic crises when he took office, and no-saying Congressional Representatives have steadfastly refused to do their jobs and deal with all of this sensibly. Europe is still in free fall which is bound to rebound in the US. There is only so much a president can do without congressional support and with a media oligopoly that persistently misrepresents the facts to those who might have supported his efforts.
  • John Galt jr or Ron/jon 2012/07/18 21:16:33
    Neither
    John Galt jr or Ron/jon
    The problem is that many people who worked well paying jobs for decades are unemployed current number is 39% of 40 - 55 are unemployed...

    A New difficulty in the new job market is the advancement of computer applications.
    Most would argue that the computerization of the hiring task gives the employer, greater choices and therefore better employees. This creates a great disadvantage for the many people who in fact are not the best at anything. Should they be excluded from the market just because someone else is "better" than them?

    In fact many if not most employers prefer to hire someone who already has a job doing the same thing somewhere else. They are pretrained and haven't quit, why not exclude everybody who doesn't have a job at the moment? Then there are those who only hire new graduates because, they are mold-able and can be gotten for far less money.

    The sad truth is the person who gets the job is the one with the prettiest resume. Beyond that add in the advancement of the newest popular form of discrimination, "Computer generated discrimination" Many if not most companies now require that you apply for jobs on line. Thousands of people apply for any given job and the computer selects the top ten to move on to the interview process. This obviously discriminates aga...







    The problem is that many people who worked well paying jobs for decades are unemployed current number is 39% of 40 - 55 are unemployed...

    A New difficulty in the new job market is the advancement of computer applications.
    Most would argue that the computerization of the hiring task gives the employer, greater choices and therefore better employees. This creates a great disadvantage for the many people who in fact are not the best at anything. Should they be excluded from the market just because someone else is "better" than them?

    In fact many if not most employers prefer to hire someone who already has a job doing the same thing somewhere else. They are pretrained and haven't quit, why not exclude everybody who doesn't have a job at the moment? Then there are those who only hire new graduates because, they are mold-able and can be gotten for far less money.

    The sad truth is the person who gets the job is the one with the prettiest resume. Beyond that add in the advancement of the newest popular form of discrimination, "Computer generated discrimination" Many if not most companies now require that you apply for jobs on line. Thousands of people apply for any given job and the computer selects the top ten to move on to the interview process. This obviously discriminates against the computer illiterate; those over 50 years of age, poor people, uneducated people and people who are unable to type. All of which already have a hard enough time finding work.

    So they can learn, and they can use computers at the public library right? Most public access computers limit you to an hour at most each day and most applications take an hour to fill out, if you can read quickly enough and type well enough. I filled out an application recently where the instructions said; if you took longer than five minutes on any page, you would be booted from the system and your application canceled...

    If you can struggle through the application, then they have you take a "Voluntary" assessment test, where they ask personal and trick questions, trying to find out if you are old, moody, depressed, tired, of a criminal mind, chronically unemployed, lazy, or suffer from low self esteem.

    When we add these exclusions to the corporately accepted, of smokers, alcoholics, felons, sex offenders, non English speaking, drug users, marijuana smokers. Then the interview process rules out the bald, ugly, over weight, bearded, tattooed, long hairs, those with speech impediments. In total some two dozen reasons to say that you are not qualified to work any job anywhere any time again. How much of the population can get past all these exclusions. One may value the day when jobs were posted in the front window and given to people who live in the neighborhood.

    bottom line is can you piss in a cup...
    (more)
  • Keegan The Fabulous 2012/07/16 19:17:23
    Neither
    Keegan The Fabulous
    Insanity is the act of performing the same action over and over and expecting different results.

    Case in point: voting people from either of the main political parties into office and expecting those people to speak the truth while in office.
  • Charles... Keegan ... 2012/08/18 18:24:48
    Charles Polk
    The problem is: most voters don't want the truth. If they did, they wouldn't listen to media broadcasts that merely reinforce what they already believe to be true.
  • red 2012/07/16 18:35:13
    Bad
    red
    +2
    The real question should be "is Obama trying to dismantle America brick by brick and will the idiot American liberal ever pay attention to his destruction"?
  • Dave 007 red 2012/08/05 01:41:11
    Dave 007
    +1
    Those Libs don't care what he does as long as obama gives out money the the lazy.
  • RevBH 2012/07/15 21:48:07 (edited)
    Good
    RevBH
    Why be surprised? The USA is a country built by the lowest bidder.

    They only had to pay about 50 cents/week to little children chained to benches in third world countries. What a DEAL.

    The USOC acted consistently with every other giant powermonger, including our government.
  • SteveB 2012/07/15 01:53:53
    Bad
    SteveB
    +1
    Are you kiddin' me? Yeah, it's been steady alright; ABOVE 8%
    He's gotta be a one term President. Remember:
    "If I don't turn the economy around in 3 years we're taling about
    a ONE TERM PROPOSITION"
    Let's HOLD him to that!
  • shaltov72 2012/07/14 02:05:12
    Bad
    shaltov72
    +1
    In the so called obama recovery, there should be 600,000 jobs starting and many of the jobs who have been started, are temporary jobs, 9 out of 10. This is because employers
    do not trust what is going on in this regime. There is nothing that is concrete and employeres are afraid to hire permanent!
  • debhead 2012/07/13 10:27:21
    Neither
    debhead
    Its summer time. There's always a few more jobs come summer but with unemployment kicked out there's going to be chaos in the end of july and September. It will be insane.
  • Tennessee3501 2012/07/12 23:39:09
    Neither
    Tennessee3501
    The more people who are out of work, the more people who will need President Obama's handouts and will vote for him!
  • txDON'TMESSw/GOVRickPerry! 2012/07/12 01:05:20
    Bad
    txDON'TMESSw/GOVRickPerry!
    +2
    Whatever has happened to Oblamer's magic wand??? Just more lies, more distraction from the VALID numbers that reflect the non-working Americans. It's IMPOSSIBLE for him to tell the truth. Because the truth does NOT validate him in any sense of the word.

    Another distortion of what he promised to do for the electorate. Spin, spin, spin.

    Helluva' candidate. Not.
  • KG 2012/07/11 23:41:10
    Neither
    KG
    +2
    Its extremely bad for the American Citizenry and our Legacy, but great for the international conglomerates that are trying to destroy this country.

    That's what his job is: To pretend like he's creating jobs, when really he's destroying them. Don't worry, he's to cool to be called on it, and his fanatic fan base cant admit anything.
  • jere.chievres 2012/07/11 18:12:55
    Bad
    jere.chievres
    +3
    Hopefully very bad.
  • jacktown kid 2012/07/11 15:25:28
    Bad
    jacktown kid
    +2
    not good
  • Kingarthurup 2012/07/11 15:20:08
    Bad
    Kingarthurup
    +3
    he promised under 8%... doesn't that make him either a liar or stupid?
  • Faith ~... Kingart... 2012/07/11 18:08:38
    Faith ~American Patriot~
    +2
    Why isn't 'both' an option?
  • txDON'T... Faith ~... 2012/07/12 01:07:40
    txDON'TMESSw/GOVRickPerry!
    +1
    I was just gonna' post that very thing until I saw yours, hate to be repetitive :D
  • ☆GrayBeard☆ ~PWCM~JLA~ 2012/07/11 14:41:36
    Bad
    ☆GrayBeard☆ ~PWCM~JLA~
    +3
    Means as many people lost jobs as found them. Just like job loss, it indicates no recovery is underway, just indicates stagnation and malaise. As we get closer to 2014 and the employee numbers per business triggers in the ACA kick in (number of employees dictates coverage and expenditure) there will be a steady increase in the numbers of people laid off just so many small business' will be able to survive in these economic conditions.
    It will hobble business growth, it will limit the economy, lower GDP and place a larger tax burden on everyone.
  • txDON'T... ☆GrayBe... 2012/07/12 01:08:30
    txDON'TMESSw/GOVRickPerry!
    +1
    Pretty well covered that!
  • ☆GrayBe... txDON'T... 2012/07/12 15:59:21
    ☆GrayBeard☆ ~PWCM~JLA~
    +1
    It's an ugly scene coming down the road. Gotta be stopped or we're completely screwed. Biggest problem is once an entitlement is proffered it's never completely taken away. This will stay a part of America from now on in one form or another, under one name or another.
  • txDON'T... ☆GrayBe... 2012/07/15 03:01:29
    txDON'TMESSw/GOVRickPerry!
    +1
    I realize how bad this will sound, but, I don't see Obama & Co. having any difficulty in removing any entitlement once it has been implemented. That's how cold-blooded they come off to ME. Again this is my take on the aloofness and abject denial they demonstrate of what Americans face and are going through.
  • ☆GrayBe... txDON'T... 2012/07/15 14:50:03
    ☆GrayBeard☆ ~PWCM~JLA~
    +1
    As long as the demographic that benefits from the entitlement continues Democrat support any and all entitlements are subject to stay implemented and grow. You are correct, once support is diminished or ended by any particular group, the entitlement will be ended as punishment. The group that is going to be punished the most are taxpayers and that group will shrink rapidly.

    The ACA will never be repealed, both Parties recognize that it has little to do with 'health care' and a whole lot to do with controlling the population.
  • john.keenan.792 2012/07/11 12:15:23
    Neither
    john.keenan.792
    +1
    he's just caused so much dammage so now its nothing for him to brag about, he should just resign as presedent false prommises with one gift does not constitute him fit to even run a flea market, he was a wrong choice for you, he's an ameture in a prime boxing ring
  • USAF Vet 2012/07/11 09:39:19
    Bad
    USAF Vet
    +5
    Liberals will tell you differently...'Obama INHERITED it, William Howard Taft, started it, Republicans fuel it, yada, yada, yada'. Never will they admit thier 'leadership' is absolutely clueless on stopping it.
  • Dave 007 USAF Vet 2012/08/05 01:42:57
    Dave 007
    Boy is that the truth. I hear everyday as my boss is a bleeding heart, hippie liberal.
  • Pronatalist Pronatalist 2012/07/11 08:24:51
    Bad
    Pronatalist Pronatalist
    +4
    Who still believes this government's phony numbers? We are in The Great Obama Depression.
  • V~POTL~PWCM~JLA 2012/07/11 05:35:10
    Bad
    V~POTL~PWCM~JLA
    +2
    Unemployment was 7.8% when Obama took office in January 2009. It has been stubbornly sitting at 8.2% to 8.5% for the past 7 months and higher than 7.8% for his entire term as President.

    The numbers would be even worse if they counted the people who have been out of work so long they are no longer included in the U-3 unemployment rate.

    The U-6 unemployment rate includes all of U-3 plus marginally attached workers. This is closer to reality:

    u 6 unemployment during Obama s term

    http://portalseven.com/employ...
  • Ron 2012/07/11 03:37:53
    Neither
    Ron
    +2
    President Obama HAS the knowledge NEEDED to turn a Republican CAUSED economic disaster around and put America onto a road to recovery. REMEMBER America, our country was on the verge of the worst Depression America had faced since 1930 when President Obama came into office. MOST of the stimulus money that was spent went to bail out our economic sector which we HAD TO because WITHOUT an economic sector we have NOTHING! Romney TRIES to BRAINWASH Americans with his repeated claim that he has the experience to be president because of his business experience. Yet look at how he ran Bain. Romney squeezed millions of dollars out of numerous companies and then drove them into bankruptcy. Romney’s answer back then in 2008 was to let EVERYTHING take it’s course and go BANKRUPT. To do so would of put America into a depression that we to this day would not have recovered from. Romney’s voodoonomics answers to today’s economic situation is to extend the Bush cuts for the rich along with giving other tax breaks to the rich while initiating the Ryan budget plan. Then he wants to unnecessarily increase the military budget because his mentality is from an era where those that believed that Russia was our greatest foe and military might was the ONLY way to achieve diplomatic success. Folks, take...

    President Obama HAS the knowledge NEEDED to turn a Republican CAUSED economic disaster around and put America onto a road to recovery. REMEMBER America, our country was on the verge of the worst Depression America had faced since 1930 when President Obama came into office. MOST of the stimulus money that was spent went to bail out our economic sector which we HAD TO because WITHOUT an economic sector we have NOTHING! Romney TRIES to BRAINWASH Americans with his repeated claim that he has the experience to be president because of his business experience. Yet look at how he ran Bain. Romney squeezed millions of dollars out of numerous companies and then drove them into bankruptcy. Romney’s answer back then in 2008 was to let EVERYTHING take it’s course and go BANKRUPT. To do so would of put America into a depression that we to this day would not have recovered from. Romney’s voodoonomics answers to today’s economic situation is to extend the Bush cuts for the rich along with giving other tax breaks to the rich while initiating the Ryan budget plan. Then he wants to unnecessarily increase the military budget because his mentality is from an era where those that believed that Russia was our greatest foe and military might was the ONLY way to achieve diplomatic success. Folks, take a CLOSE look at what Romney is wanting to do as president. You will see a backward thinking capitalistic pig who hasn’t the answers to our problems but has a LOT of schemes to make the rich richer.

    With all the employment figures coming out as low as they are it’s time we get an INVESTIGATION to see if the Republicans are PURPOSELY RUINING the economy in order to win the election. The Republicans KNOW that the ONLY way they are going to win the next election is if the economy is bad and they hope that people are dumb enough to believe their lies that Romney can fix their economic problems which he can’t! We KNOW that the Republicans in Congress did ALL that they could to ruin America economically by NOT ASSISTING in ANY way to HELP AMERICA get out of this Republican CAUSED Recession that was on the verge of becoming the worst Depression since 1930. But it is time we have an INVESTIGATION into whether the Republicans in the business sector and private sector in ANY WAY PURPOSELY HELPED make America’s economy worse by not HIRING anyone or by not BUYING ANYTHING! It would make for a heck of an interesting story and GREAT campaign attack talking point. YOU folks in the media and in the Democratic Party NEED to LOOK into this and see if there is any truth to this allegation. FIND some Republicans who will come forward and say it is so. We KNOW that businesses are sitting on massive amounts of profits yet aren’t hiring many people at all. We know that the rich run the companies of America and we know that most of the rich are Republicans so it’s very possible that the Republicans in the private sector and the public sector are PURPOSELY ruining America’s economy! We ALL KNOW deep down inside that it is TRUE! NOW PROOF IT!
    (more)
  • USAF Vet Ron 2012/07/11 10:03:25
    USAF Vet
    +3
    Trash talking Republicans comes cheap. Think of this story taken from the internet the next time you want to blather on what Obama "inherited." Do not just skim over this (it will be tough since you are a liberal) read it slowly and let it sink in (if possible). If in doubt, check it out!

    “The day the Democrats took over was not January 22nd, 2009 (Obama's Inauguration). It was actually two years earlier, on January 3rd, 2007, that the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress. As of that day, the Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.

    For those who are listening to you liberals propagating the fallacy that everything is "Bush's fault,” think about this: January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At that date:

    The Dow Jones closed at 12,621.77; The GDP growth rate for the previous quarter was 3.5%; The Unemployment rate was 4.6%; George Bush's economic policies set a record of 52 STRAIGHT MONTHS of JOB GROWTH (quit choking).

    Remember the day...

    January 3rd, 2007 was the day that your friend Barney Frank took over the House Financial Services Committee and Chris Dodd (another bud) took over the Senate Ba...



    &





    &&&





    Trash talking Republicans comes cheap. Think of this story taken from the internet the next time you want to blather on what Obama "inherited." Do not just skim over this (it will be tough since you are a liberal) read it slowly and let it sink in (if possible). If in doubt, check it out!

    “The day the Democrats took over was not January 22nd, 2009 (Obama's Inauguration). It was actually two years earlier, on January 3rd, 2007, that the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress. As of that day, the Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.

    For those who are listening to you liberals propagating the fallacy that everything is "Bush's fault,” think about this: January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At that date:

    The Dow Jones closed at 12,621.77; The GDP growth rate for the previous quarter was 3.5%; The Unemployment rate was 4.6%; George Bush's economic policies set a record of 52 STRAIGHT MONTHS of JOB GROWTH (quit choking).

    Remember the day...

    January 3rd, 2007 was the day that your friend Barney Frank took over the House Financial Services Committee and Chris Dodd (another bud) took over the Senate Banking Committee. The economic meltdown that happened 15 months later was in what part of the economy..BANKING AND FINANCIAL SERVICES!

    They contributed to this CRISIS by (among many other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from the Fannie Mae and Freddie Mac FIASCOS!

    Starting in 2001, Bush asked Congress 17 TIMES to stop the actions of Fannie & Freddie, because it was financially risky for the US economy.

    Furthermore, who took the THIRD highest pay-off from Fannie Mae and Freddie Mac…? OBAMA. And who fought against reform of Fannie and Freddie…OBAMA and the Democrat Congress. So when someone (like you) tries to blame Bush…REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"

    Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party (until the Republicans regained a majority in the House in 2012).

    Once again, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 &2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive ‘omnibus-spending’ bill to complete the 2009 budgets. Remember, the Democrat controlled Senate has not passed a budget since.

    And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.

    If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself. Briefly, what Obama is saying is, I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.”

    Correct this story if it's wrong.
    (more)
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