More economic good news......unemployment rate drops to 4.9%

We Have Recovered': Obama Touts Success Amid Unemployment Dip
Source: NBC News

Buoyed by wage-gains and record low unemployment, President Barack Obama underscored on Friday that his administration's efforts have helped usher in an economic recovery.

"We should be proud of the progress we have made," Obama told reporters during an appearance at the White House press briefing. "We have recovered from the worst economic crisis since the 1930s."

U.S. employers added 151,000 jobs in January, a deceleration from recent months as companies shed education, transportation and temporary workers but hired others in manufacturing, retail and food services.

The unemployment rate dipped to 4.9 percent, its lowest level since early 2008.

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Read more: 'We Have Recovered': Obama Touts Economic Success Amid Unemployment Dip
 
Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

Source: U.S. Bureau of Labor Statistics

Economic News Release


THE EMPLOYMENT SITUATION -- JANUARY 2016


Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

__________________________________________________________________

Changes to The Employment Situation Data

Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________


Household Survey Data

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)

After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....

In January, 2.1 million persons were marginally attached to the labor force, little different from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.


_____________
The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).

Read more: Employment Situation Summary

Good Job Obama!!!! You turned it all around.
 
Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

Source: U.S. Bureau of Labor Statistics

Economic News Release


THE EMPLOYMENT SITUATION -- JANUARY 2016


Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

__________________________________________________________________

Changes to The Employment Situation Data

Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________


Household Survey Data

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)

After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....

In January, 2.1 million persons were marginally attached to the labor force, little different from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.


_____________
The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).

Read more: Employment Situation Summary

Good Job Obama!!!! You turned it all around.
Way to go Obimbo! Maybe you can fix the roads and infrastructure and make a moon shot.
 
[
Likely because we need to add somewhere in the range of 180,000 just to keep up with population growth, retirements etc., so 150,000 is nothing to be happy about.

The libs need a labor economics class. Badly.
. That and they need a swift kick in the ass!
 
Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

Source: U.S. Bureau of Labor Statistics

Economic News Release


THE EMPLOYMENT SITUATION -- JANUARY 2016


Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

__________________________________________________________________

Changes to The Employment Situation Data

Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________


Household Survey Data

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)

After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....

In January, 2.1 million persons were marginally attached to the labor force, little different from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.


_____________
The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).

Read more: Employment Situation Summary

Good Job Obama!!!! You turned it all around.
retarded-boy.gif
 
RW loves speaking on things he knows nothing about.

4.9%...... Not too shabby

Wouldn't you agree?

Obviously not, but you wouldn't get it.

It was above 10%
Why aren't you glad it is now at 4.9% ?

You still rooting for the economy to fail?


WE need Bernie sanders to finish the job of rebuilding our economy! Obama did a good job setting the ground work.

Pro-worker policies
Enforcing our anti-trust laws
allowing for more competition
Higher paying jobs for the poor and middle class
 
Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

Source: U.S. Bureau of Labor Statistics

Economic News Release


THE EMPLOYMENT SITUATION -- JANUARY 2016


Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

__________________________________________________________________

Changes to The Employment Situation Data

Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________


Household Survey Data

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)

After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....

In January, 2.1 million persons were marginally attached to the labor force, little different from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.


_____________
The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).

Read more: Employment Situation Summary

Good Job Obama!!!! You turned it all around.
Way to go Obimbo! Maybe you can fix the roads and infrastructure and make a moon shot.

Hoss,

You're a 2 Time Scrub Voter, right?

How were things looking coming into the last year of that mongolian cluster hump?
 
Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

Source: U.S. Bureau of Labor Statistics

Economic News Release


THE EMPLOYMENT SITUATION -- JANUARY 2016


Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

__________________________________________________________________

Changes to The Employment Situation Data

Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________


Household Survey Data

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)

After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....

In January, 2.1 million persons were marginally attached to the labor force, little different from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.


_____________
The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).

Read more: Employment Situation Summary

Good Job Obama!!!! You turned it all around.
retarded-boy.gif

One posts data.......the Unrepentant 2 Time Scrub Voter responds with a gif or meme......
 
And btw libs. One person losing a good paying job... Then forced to take on three temp jobs ...does not equal... creation of 3 new jobs.
And that has nothing to do with current employment trends

Just more conservative scapegoating

It has every thing to do with current trends you imbecile

That scenario is just bullshit made up by conservatives
If you think I am wrong, show the stats to prove it
What do you consider food services, retail, hospitality,tourism?
You made the claim.....Show me the numbers supporting people are leaving one job and taking three temporary jobs to replace it and that it counts as three jobs

That is total bullshit and you know it
So when you have one the biggest job gains and layoffs in a year being retail. What do you think that means?
 
Yea, I heard mcdonalds and rue21 opened a few new stores..

Or some slogan he picked up on the innertubes....[/QUOTE]
Look slimy, those jobs are mediocre bullshit. Your standards might be lodged in bullshit but mine arent :thup:
Those jobs numbers would be pleasing to me if they weren't retail bullshit replaced by manufacturing. The fact that the dumbfuck OP said "turned it all around" is the reason for my GIF. He is a goddamn moron.
 
Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

Source: U.S. Bureau of Labor Statistics

Economic News Release


THE EMPLOYMENT SITUATION -- JANUARY 2016


Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

__________________________________________________________________

Changes to The Employment Situation Data

Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________


Household Survey Data

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)

After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....

In January, 2.1 million persons were marginally attached to the labor force, little different from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.


_____________
The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).

Read more: Employment Situation Summary

Good Job Obama!!!! You turned it all around.
Way to go Obimbo! Maybe you can fix the roads and infrastructure and make a moon shot.

Hoss,

You're a 2 Time Scrub Voter, right?

How were things looking coming into the last year of that mongolian cluster hump?
I was getting pay raises and COLA then. Since Jesus,Jr. got into office he comes up with tricks to stop that. Like lowering gas prices then telling the world, "There, you won't get COLA but I lowered gas prices." How in hell does it help millions of people who don't own a car? Fares for public transportation goes up too.
 
I don't get it? They were going to dump all the XMAS part time seasonal help correct? does this 150K include all the lost jobs? If so .......... hip hip hooray. better than nothing.

Now go add 0.25cents on every gallon gas just when we start to tread water.......yah.hoo
They got lucky and had an early snow season with record highs. So as the retail industry was ( and is ) being laid off. The leisure/ hospitality sector is mass hiring. But those jobs are only temp and seasonal as well. Short term gain.
 
I don't get it? They were going to dump all the XMAS part time seasonal help correct? does this 150K include all the lost jobs? If so .......... hip hip hooray. better than nothing.

Now go add 0.25cents on every gallon gas just when we start to tread water.......yah.hoo
And to answer your question. No they don't count the loss just the gain.
 
Yea, I heard mcdonalds and rue21 opened a few new stores..

Or some slogan he picked up on the innertubes....
Look slimy, those jobs are mediocre bullshit. Your standards might be lodged in bullshit but mine arent :thup:
Those jobs numbers would be pleasing to me if they weren't retail bullshit replaced by manufacturing. The fact that the dumbfuck OP said "turned it all around" is the reason for my GIF. He is a goddamn moron.[/QUOTE]

You have no idea......If you have any actual data, I invite you to provide it.....if you would like to know where such might be located, let me know....
 

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