Categories: Featured News

Another Big Win For Obama as Unemployment Rate Hits Lowest Level Since September 2008

A day after the final ACA numbers for the year showed massive participation by the American people, President Obama got another big win when the unemployment rate fell to its lowest level since September 2008.

According to the Department Of Labor:

Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Employment gains were widespread, led by job growth in professional and business services, retail trade, food services and drinking places, and construction.

In April, the unemployment rate fell from 6.7 percent to 6.3 percent, and the number of unemployed persons, at 9.8 million, decreased by 733,000. Both measures had shown little movement over the prior 4 months. Over the year, the
unemployment rate and the number of unemployed persons declined by 1.2 percentage points and 1.9 million, respectively.

Analysts also suggested that the data revealed that the Republican refusal to extend unemployment benefits for the long-term unemployed is causing those people to leave the labor market. This report is a double whammy for Republicans. Despite their best efforts people are still finding jobs, and their ideological belief that taking away unemployment benefits forces people to find jobs is being proven false.

Advertisement

President Obama’s economic agenda is working, and here is the graph that proves it:

With the unemployment rate at its lowest level since September 2008, Democrats are focusing on an agenda that both helps the long term unemployed find new jobs, and the economy as whole grow. According to the White House, “The employment data can fluctuate from month-to-month, and while this month’s report happens to be above expectations, it is still broadly consistent with the recent trends we have been seeing in the labor market. The President continues to emphasize that more can and should be done to support the recovery, including acting on his own executive authority to expand economic opportunity, as well as pushing Congress for additional investments in infrastructure, education and research, an increase in the minimum wage, and a reinstatement of extended unemployment insurance benefits.”

Advertisement

Republicans thought the political environment was working in their favor, but the one-two punch of huge Obamacare participation and a rapidly declining unemployment rate could be setting a better than expected landscape for Democrats. Unlike the Republicans, Democrats have something to campaign on, and every Democratic voter has a reason to get out and vote.

It’s been a good week to be President Obama, and an even better week for the American people.

Advertisement
Advertisement

View Comments

    • Dave, these numbers do not reflect the millions of workers that have dropped off the accounting system… once a person's UC/EUC ends, they are no longer counted as unemployed.. The actual number of unemployed is staggering.

      • and who's fault is that? The republicans who don't care if old people or the disabled or children end up living on the street or starving through NO FAULT of their own. Disgusting that anyone would stand with these idiots and declare it's a great thing when people loose their benefits, that they worked for and paid into. How very hateful the right has become.

        • Reply to Amici
          Fri, May 2nd, 2014 at 3:26 pm

          The actual number of unemployed is staggering.
          =======

          Jobless workers are only counted as unemployed if they are actively seeking work, so there are “missing workers” who are not bring reflected in the unemployment rate.

          The Economic Policy Institute ( a bunch of left-leaning policy wonks) decided to try to measure (or at least estimate) how many people have fallen through the cracks.
          As of April, 2014...they have the unemployment rate at 9.9% - if these "missing" workers were actually seeking employment.
          That's 6,220,000 people not being counted.

          http://www.epi.org/publication/missing-workers/

      • Amici, they have never been counted since the counting began.

        Please get over you're disappointment and be happy for America for once.

        • I'm not sure what your comment means, but, as long as someone is looking for work, they are counted as unemployed. It has nothing to do with who is or who is not getting UI benefits. Never has. You can be looking for work for YEARS and you will still be counted as unemployed, as long as you make one effort to find work a month.

      • Absolutely untrue. The counting of who is or is not unemployed has NOTHING TO DO with whether somebody is or is not getting unemployment insurance. We have 9 million + unemployed, and only about 2.8 million getting any kind of unemployment insurance. This is the biggest unemployment myth out there... that people who no longer get UI benefits are not counted as unemployed. I'd love to know who spreads this lie.. and why do people believe this without checking it for themselves?

        • How do they count people as unemployed if the people have to stop reporting as unemployed if they can no longer collect? Even if they can count how many people stopped being able to collect and are now employed, they can't determine how many are extremely underemployed or working temporary or part-time jobs. These people and their families are still suffering from losing their main job and need more money to live. Not to mention the college graduates who have not been able to get a living wage job.

      • Since there is a lot of confusion about how unemployment is calculated I thought I would look this up from http://www.bls.gov/cps/cps_htgm.htm

        "Because unemployment insurance records relate only to persons who have applied for such benefits, and since it is impractical to actually count every unemployed person each month, the Government conducts a monthly sample survey called the Current Population Survey (CPS) to measure the extent of unemployment in the country...There are about 60,000 households in the sample for this survey. This translates into approximately 110,000 individuals...Each month, 2,200 highly trained and experienced Census Bureau employees interview persons in the 60,000 sample households for information on the labor force activities (jobholding and jobseeking)"

        There is a lot more info on the website so it os worthwhile to go there for more details.

    • The rich hoard most of the money. They have many of the working and middle class people believing the myth that they are rich from working hard and no one would be poor if they worked hard. While some people are wealthy from hard work, most would not be where they are without their connections and family wealth. There's a lot of people who work very hard and still end up jobless or in poverty.

  • if the unemployment rate keeps dropping, the Prez will be accused of cooking the books.

    Remember folks, you saw it here.

  • When the ACA numbers came out, the Republicans started screaming BENGHAZI again, they effectively shifted the focus from the ACA numbers.

    Now, with this new jobs report, they are screaming Benghazi and are saying the numbers are bogus.

    It must really suck to be a Republican these days.

      • Abortion, gays, immigration, welfare, governmental oppression of ranchers, Christians and gun owners, evil (take your pick..muslims, atheists, socialists, communists, fascists, Nazis, ect.) taking over the country. No freedom because you can't do anything you want and you have to obey laws and OF COURSE the persecution of the 1%

        Lots of material there...and after a few weeks or months...BENGHAZI!!!

        Like a dog chasing his tail...

    • Not surprising.. As soon as I saw the headline, I knew they'd find something wrong with the report.

  • Oh snap!!!
    Today I announced a subpoena requiring Secretary Kerry to testify at a public @GOPoversight hearing on May 21. #Benghazi
    — @DarrellIssa

    The only reason for this farce is the American Taliban does not want to talk about jobs but Benghazi is still there for their stupid base.

      • Yeah we failed summer school. How about no
        I'm a paramedic and my GPA school was 3.8. In certain areas of the US there is less of a need for jobs. Even in healthcare.

        • And the people who were unemployed few years back are still not working . I know 5, including myself. Two took early social security, one is now in college (Army veteran), one is freeking out because he can't find anything in his field. (PhD in science makes him overqualified ). These four people are not counted as unemployed. I am, but will most like take early SS. So the good news is not good for those who gave up.

    • This is true Joe.. if they count ALL of the people who have been dropped from the record keeping; the estimated number is riding at 10M able bodied Americans that are not working/nor collecting UC or EUC…

      • I'll repeat this to you, but I think I wrote the same thing above: Joe's comment is ABSOLUTELY UNTRUE. If you are actively looking for work, at least one effort during a month, you are counted as unemployed.. It has NOTHING to do with whether you are or you are not getting UI benefits. We have over 9 million people unemployed and only about 2.8 million are getting benefits.

    • Not true. I swear I will repeat this until every last person knows it: If you are actively looking for work, at least one effort during a month, you are counted as unemployed.. It has NOTHING to do with whether you are or you are not getting UI benefits. We have over 9 million people unemployed and only about 2.8 million are getting benefits.

      • How would the government know that a person is applying for a job once a month, if its not done on the UIA site? There is no way they would even know if a person mails their resume for a job. Im just sayin

      • Nonsense, and I will repeat this every time you repeat your misinformation. An employer does not report who applies for work. An employer does, however, report to the state government the employers who ARE working. A laid off employee can apply for unemployment benefits, which is counted as a total of unemployed. A person who's benefits are ended and does not have a job is no longer counted after they are taken off the unemployment rolls, and are disenfranchised.

  • If anyone think this is great news, it's not. Considering over the same amount of people who are working are receiving Welfare and those who have long been forgotten about including those who lost aren't counted.

    If you believe these number then every woman should believe they never will get muffin top, even after throwing 100 percent cotton jeans in the dryer on high heat.

    • I read an article the other day and a Rep claimed that 108 million people were on some kind of welfare. What you RW puppets always fail to do is question anything that promotes your agenda.

      The writer considered welfare as Medicare, Medicaid, SS, actual welfare, food stamps, veterans benefits, etc., etc..

      You people are just unbelievably dishonest and clueless.

    • I'm not sure what you mean by this comment "those who have long been forgotten about including those who lost aren't counted.", but I'll hazard a guess: If you are looking for work, you haven't been forgotten; you are counted among the unemployed. Even if you have been looking for work for YEARS.

    • Only 4% of the population are on Welfare. And by the way they have work or school requirements and they cannot be on it for more than FIVE YEARS FOR A LIFETIME. Look it up on the government website.

      As someone else pointed out the Repubs are dishonest with the numbers and count anyone who is getting ANYTHING from the government, including seniors and the disabled (who paid into the system)Children too.

      The majority of the people getting some kind of aid are actually THE WORKING POOR. Remember that because everytime the Repubs vote against raising the minimum wage they are VOTING FOR continued foodstamps, medicaid,housing assistance, utlity assistance,ect.

      Walmart alone costs the taxpayers $1.5 BILLION a YEAR. Raising the minimum wage to keep up with inflation IS NOT A HANDOUT.

Recent Posts

‘They’re Not Wearing Hoods Now’: Fox and Right Wing News Finally Being Held to Account for ‘Replacement Theory’

They are not wearing hoods anymore. They are wearing Trump's endorsement and speaking into microphones,…

3 hours ago

Ron DeSantis Makes It A Crime To Protest In Front Of Anyone’s House

Florida governor Ron DeSantis has signed a bill making it illegal for anyone to protest…

6 hours ago

Another Republican Attack Crashes And Burns As Biden Reaches Deal On Baby Formula Production

The US government has reached a deal with manufacturer Abbott to resume production at the…

7 hours ago

RNC Chair Ronna McDaniel Melts Down Over GOP Domestic Terrorists Being Exposed

RNC Chair Ronna McDaniel claimed that Republicans should not be blamed for domestic terror attacks…

7 hours ago

Ketanji Brown Jackson Delivers Blunt Takedown of SCOTUS Abortion Ruling Leak

Judge Ketanji Brown Jackson, who will be sworn in to serve on the United States…

8 hours ago

Rep. Ted Lieu Blasts Elise Stefanik For Running Vile Racist White Replacement Theory Ads

Rep. Ted Lieu (D-CA) called out Rep. Elise Stefanik (R-NY) for running vile and racist…

9 hours ago