Sundown Joe Pushing New Lie in Fake News Conference | Main | Judicial Watch: In 2009, Joe Biden Accused by Secret Service Agent of Grabbing His Girlfriend's Breast
September 04, 2020

1.4 Million Jobs Added In August, as Unemployment Rate Tumbles from 10.2% to 8.4%

Live now: Kayleigh McEnany press conference.

Biden's trying to poor-mouth the very rapid recovery.

"Expectations" were that the unemployment rate would fall gently to 9.8%.

It fell all the way to 8.4%, smashing expectations.

And the aneurystic at-large r@pist Biden reads his script claiming that this is some kind of a loss.

The unemployment rate was by far the lowest since the coronavirus shutdown in March, according to Labor Department figures released Friday. An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons also fell, down to 14.2% from 16.5% in July and 22.8% at the peak in April.

The number of jobs gained was ahead of expectations, but not by a huge amount.

The unemployment rate fell so low because we also saw a fresh low in the number of new jobless claims.

A couple of weeks ago, new jobless claims dropped below one million (post-coronacrisis) for the first time.

Now they fall again to a new low, below 900,000.

The number of new applications for unemployment benefits dipped to 881,000 last week, the Labor Department reported Thursday in an encouraging sign for the economy.

Forecasters had projected 950,000 new jobless claims.

Instead, claims fell to the lowest level since mid-March, before the pandemic induced mass layoffs.

Say, wasn't Obama's unemployment rate at 8.1% before the 2012 election without any crisis (apart from Obama's presidency itself)...?

Why yes, it was.

Thanks to sponge for a tip about Kellyanne Fitzpatrick's tweets. (I don't call her Conway any longer.)

digg this
posted by Ace at 01:41 PM

| Access Comments

Recent Comments
m: "The tech thread is operative. ..."

m: ">>>and suffers badly from inconsistent performance ..."

My Life is Insanity: "Damn! Knew I should've set another alarm. A v ..."

m: "Welcome! ..."

m: "Pixy's up! ..."

GnuBreed: "[i]440 Last day of Spring, now it's going to start ..."

Skip: " national delus ..."

Skip: "Last day of Spring, now it's going to start gettin ..."

Skip: "From yesterday but good article https://amgreatn ..."

Farmer: "So, flag burning is OK? Cool!!! Ima burn a rainbo ..."

m: "I would add that they're trying to rile me. And th ..."

m: "433 the thing is is, as with many things, I do not ..."

Recent Entries

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)
Powered by
Movable Type 2.64