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Unemployment Drops Below 9%: Dems Tout “Spending” Finally Working
March 4, 2011 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Family values, Health care reform, Politics, socialism, Uncategorized | Tags: Barack Obama, Campaign 2010, Depression, Economy, Federal Reserve, Underemployment, unemployment | 2 comments
The labor market showed signs of strong growth in February, as the nation added 192,000 jobs and the unemployment rate dipped below 9 percent for the first time since April 2009.
The unemployment rate dropped to 8.9 percent in February from 9.1 percent in January, and is down from 9.8 percent as recently as November 2010.
******What they aren’t saying is :
Much of the drop comes from people who have left the workforce and given up pursuit of a job, but there is also increasing confidence that the economy is turning around.
For full article: http://thehill.com/blogs/on-the-money/801-economy/147465-jobless-rate-drops-to-89-percent-economy-adds-192000-jobs
