Friday, October 8, 2010

Obama's Epic Failure - September Edition

Today, the BLS reports:
“Nonfarm payroll employment edged down (-95,000) in September…
the unemployment rate was unchanged at 9.6 percent…
Private-sector payroll employment continued to trend up modestly (+64,000).”
Yesterday, Gallup reported:
“Unemployment, as measured by Gallup without seasonal adjustment,
increased to 10.1% in September -- up sharply from 9.3% in August and 8.9% in July.”
Two days ago, ADP reported:
“Private-sector employment decreased by 39,000 from
August to September on a seasonally adjusted basis”
Which report do YOU believe?

Any way you slice it, unemployment remains WAY above the roughly 7.0% Obama promised for this time frame if Congress passed his so-called “Stimulus Package” (before even ONE of them read the damn thing).

Meantime, even the BLS grudgingly admits
we lost 95,000 non-farm jobs in September.
Click the image & review the report:

Click the image & review the report
Note the trend over the last four months.
Click here & compare the GDP trend to the employment trend.
Click here for more on Obama’s Epic Failure.

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