Barack Obama has rescued America from Economic Disaster

[Sheilbh]

Good news, the unemployment rate has dropped, even if only by a small amount, it's the right direction and hopefully it keeps going that way.   

Unemployment will keep rising but I believe a number of other early indicators are looking good, in both the US and the UK.

[alfred russel]

Good news, the unemployment rate has dropped, even if only by a small amount, it's the right direction and hopefully it keeps going that way.   

Unemployment will keep rising but I believe a number of other early indicators are looking good, in both the US and the UK.

I know all the projections show unemployment going up through the end of the year and going over 10% in this country, but if unemployment has actually fallen (and this isn't an artifact of sampling or another error), maybe we are turning the corner sooner than expected.

[Admiral Yi]

Mission Accomplished!

[Admiral Yi]

The recession is imploding!

[saskganesh]

Good news, the unemployment rate has dropped, even if only by a small amount, it's the right direction and hopefully it keeps going that way.   

Unemployment will keep rising but I believe a number of other early indicators are looking good, in both the US and the UK.

despite other indicators, the fact that unemployment keeps rising in the US, UK and Canada, tells me that we are still in very bad shape.

[alfred russel]

Good news, the unemployment rate has dropped, even if only by a small amount, it's the right direction and hopefully it keeps going that way.   

Unemployment will keep rising but I believe a number of other early indicators are looking good, in both the US and the UK.

despite other indicators, the fact that unemployment keeps rising in the US, UK and Canada, tells me that we are still in very bad shape.

This thread starts with the report that the unemployment rate fell in the US in July (from 9.5% to 9.4%).

[PDH]

Ron Paul would have done better.

[Sheilbh]

Good news, the unemployment rate has dropped, even if only by a small amount, it's the right direction and hopefully it keeps going that way.   

Unemployment will keep rising but I believe a number of other early indicators are looking good, in both the US and the UK.

despite other indicators, the fact that unemployment keeps rising in the US, UK and Canada, tells me that we are still in very bad shape.

I thought unemployment was a lagging indicator ?

[Josephus]

God Bless Obama. Saviour of the World.

[Admiral Yi]

God Bless Obama. Saviour of the World.

Revolution postponed.

[Sheilbh]

God Bless Obama. Saviour of the World.

Gordon Brown gets no love
http://www.youtube.com/watch?v=7iPaiylUYW0`

[Hansmeister]

Good news, the unemployment rate has dropped, even if only by a small amount, it's the right direction and hopefully it keeps going that way.   

Unemployment will keep rising but I believe a number of other early indicators are looking good, in both the US and the UK.

despite other indicators, the fact that unemployment keeps rising in the US, UK and Canada, tells me that we are still in very bad shape.

This thread starts with the report that the unemployment rate fell in the US in July (from 9.5% to 9.4%).

Unemployment only "fell" because half a million people have quit looking for a job altogether.  The overall labor market shrank by 800,000 last month.  If we factor for that the unemployment rate actually increased to 9.9 percent.

[Caliga]

In any event, the federal unemployment figure is a totally bullshit, meaningless statistic (even moreso than most government stats).

[Admiral Yi]

In any event, the federal unemployment figure is a totally bullshit, meaningless statistic (even moreso than most government stats).

:Michael Douglas:?

[ulmont]

In any event, the federal unemployment figure is a totally bullshit, meaningless statistic (even moreso than most government stats).

Look at the seasonally adjusted U-5 or U-6 numbers instead of the baseline U-3.