Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!





Recent Entries
Top Headline Comments 9-7-12 | Main | O-BOMB-A, O-BOMB-A
September 07, 2012

Breaking: 8.1% UE

Awful.

Employment growth remained weak in August, with just 96,000 new positions created but the unemployment rate dropped to 8.1 percent, according to a report that raises the possibility of more Federal Reserve easing.

The decline in the jobless rate came primarily because the labor force participation rate fell to 63.5 percent, its worst level in more than 30 years.

The rate only fell because 370,000 people have left the workforce. This is the smallest workforce since Jimmy Carter was president. September 1981.

The press may try to spin this, but it's bad and may explain why Obama looked flat and uninspired last night.

Update - Today's must-read: "The awful, awful August jobs report." To me, this makes the Democratic convention not just bad, but infuriating. This many Americans are suffering and they put Sandra Fluke on a stage to talk about her need for free birth control? Insulting.


digg this
posted by Slublog at 08:52 AM

| Access Comments




Recent Comments
Christopher Taylor: "There are two areas the left has lost in. I would ..."

Teacherweaver: "He's funny. I've seen his act and it is okay. Con ..."

Moochie: "43 It's imperative we continue to make fun of ug ..."

Penfold: "So, why do I care about this?  Cuz not really ..."

Lizzy[/i]: "You can be a black, one legged transwoman, and you ..."

Anon Y. Mous: "According to Wikipedia, Noah says his mother is ha ..."

toby928(C) : "The people from under the Red Sun get outraged lik ..."

Ricardo Kill: "" African African?" I think that's racist, ..."

LizLem: "They need to get Charlize Theron as a guest the fi ..."

Chris Balsz: "Way too soon to give up, Drew. We just have to or ..."

The Great White Snark: "John Boehner only beats me because he loves me. ..."

Bandersnatch : "Letterman was genuinely funny in the 80s.  Cr ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64