Flashback:
Pelosi: Where Are the Jobs, Mr. President?
Quoted Text
August 1, 2003
Washington, D.C. -- House Democratic Leader Nancy Pelosi released the following statement today on the Bureau of Labor Statistics' announcement that 470,000 people abandoned their job searches in July and that 3.2 million private sector jobs have been lost since President Bush took office:
“The fact is that President Bush’s misguided economic policies have failed to create jobs. Since President Bush took office, the country has lost 3.2 million jobs, the worst record since President Hoover. And today we learned that in July nearly half a million people gave up looking for a job.
“Job losses are taking a real toll on the financial security of American families. While Democrats are fighting for opportunity, jobs, and economic security for working families, Republicans continue to focus on helping those who need help the least.
“According to today’s survey, while the national unemployment rate dropped slightly, it still stands at a near record high. In addition, the unemployment rate for African Americans was still over 11 percent in July, and the unemployment rate for Hispanics was 8.2 percent in July.
“It is time for President Bush and the Republicans to get to work for all Americans, not just the elite few.”
http://www.house.gov/pelosi/press/releases/Aug03/prWherearetheJobs080103.htmlSubstitute Obama for Bush and where's the outrage?
Quoted Text
WASHINGTON (Dow Jones)--The U.S. unemployment rate unexpectedly declined in January, but the economy continued to shed jobs and revisions painted a bleaker picture for 2009, casting doubt over the labor market's strength.
The unemployment rate, calculated using a household survey, fell to 9.7% last month from an unrevised 10% in December, the Labor Department said Friday. Economists surveyed by Dow Jones Newswires had forecast the jobless rate would edge higher to 10.1%.
Meantime, nonfarm payrolls fell by 20,000 compared with a revised 150,000 drop decline in December. Economists had expected payrolls to be flat. The December figure was revised down sharply from an originally reported 85,000 drop.
http://www.nasdaq.com/aspx/sto.....-to-97-payrolls--20kOh, good news, we're down to 9.7% unemployment. (Keeping in mind, Temporary hiring for the U.S. 2010 census collection helped the employment picture in January) But, unfortunately, that doesn't count the workers who lost unemployment benefits or gave up looking for work because there's none to be had.
"For 2010, the Census Bureau is hiring
hundreds of thousands of
temporary workers to fill a variety of census positions across the country" - that's convenient timing. (
http://www.census.gov/hrd/www/)
When the census jobs are completed, that's "hundreds of thousands" back on the unemployed rolls. This is scary folks.