Economy Jobs

Unemployment Falls to 5.9 Percent, GOP Shrugs

Numbers released today by the Labor Department show that unemployment has fallen to a six-year low. Furthermore, numbers for the previous two months were revised upward.

via Bloomberg

The 248,000 gain in payrolls last month followed a 180,000 increase in August that was bigger than previously estimated, the Labor Department reported in Washington. The median forecast of economists in a Bloomberg survey called for a 215,000 advance. The jobless rate fell to the lowest level since July 2008, from 6.1 percent. [...]

Estimates in the Bloomberg survey of 100 economists ranged from gains of 155,000 to 265,000 after a previously reported 142,000 advance. Revisions to prior reports added 69,000 jobs to payrolls in the previous two months.

RNC Chairman Reince Priebus said the numbers aren’t good enough, while Speaker of the House John Boehner released a laughably vapid statement.

Only Republicans are offering real solutions to help get people back to work, lower costs at home, and restore opportunity for all. We have dozens of good jobs bills stuck in the Democratic-run Senate that would help hardworking families.

There is no doubt in my mind that unemployment would still be 10 percent of higher under a Republican administration.

Just imagine where we would be if there had never been a stimulus bill or a bailout of the auto industry. Imagine where we would be with privatization and deregulation of labor and new tax cuts for the rich.

The average person probably has no idea how much worse things could be.

  • muselet

    “Slow job growth may be good enough for Democrats, but Republicans know we can do better,” Republican National Committee Chairman Reince Priebus said in a statement. “While we’re glad to see some Americans finally finding work, we can’t lose sight of the fact that we should have been at this point years ago.”

    True, and we would have been at this point years ago if the Rs hadn’t reflexively opposed everything the Obama Administration proposed to improve the economy.

    I’d say Reince Priebus and John Boehner should feel ashamed, but I’m convinced they’re incapable of feeling shame.

    –alopecia

  • Victor_the_Crab

    The only solution someone like John Boehner has to offer working class Americans is the chance to squat down over them, spread his bulbous lardass cheeks wide, and spray shit all over them. Then, he tells them “Walk it off, you deadbeat” as he slimes his way to the closest bar to knock back some spiked Shirley Temples like the lazy lush he is.

  • GrafZeppelin127

    We have dozens of good jobs bills stuck in the Democratic-run Senate that would help hardworking families.

    No you don’t. You’re lying.

  • Lady Willpower

    The usual response is “this is just because all the poors have stopped looking for work completely!”

  • trgahan

    I assume you’re sparing us the predictably repetitive “THESE ARE SCKEWED NUMBERS! The Department of Labor is covering for Obama’s failures! Pass the Keystone pipeline! Etc. etc.” screeching that follows any of these reports.

    Sometimes I think 2016 is going to be the race for who will take the credit for the economy Obama nursed back to health.

    • JMAshby

      The conspiracy theories will surface over the weekend.

      • trgahan

        Surface or just need a dusting off from the last time any government agency issued favorable economic data since 2009?

  • Christopher Foxx

    We have dozens of good jobs bills stuck in the Democratic-run Senate that would help hardworking families.

    [cough] Billshit. [cough]