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8.1%

Obama Speaks — Unemployment Drops

September 7, 2012

Last night President Obama gave his big speech to the DNC accepting their nomination for President.  Not everyone was impressed.  Many thought it was small, filled with straw men. One angle I was monitoring dealt with this morning’s unemployment report. Because nearly 368,000 dropped out of the job hunt, the unemployment rate actually lowered to [...]

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Unemployment Drops to 8.1%

May 5, 2012

Why is it that the unemployment rate goes down at the same time more people aren’t working?  Welcome to the Obama Nation in re-elect mode! Unemployment officially dropped to 8.1% (U6 held steady  at 14.5%) in April, but more people left the workforce nonetheless — the proportion of Americans not working hasn’t been this low [...]

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