Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums7.7%
I like the sound of that #
Job Creation Hits 146,000 Jobs, Rate at 7.7%
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
9 replies, 1839 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (16)
ReplyReply to this post
9 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
7.7% (Original Post)
trailmonkee
Dec 2012
OP
Prior to 2008, 7.7% would have been considered an emergency. Now it's the new normal.
phantom power
Dec 2012
#7
With U6 rate going down with the U3 rate, "people leaving workforce" meme is negated
uponit7771
Dec 2012
#9
spanone
(135,844 posts)1. K&r...
tridim
(45,358 posts)2. 7.7% should be the GOP's approval rating.
denverbill
(11,489 posts)3. It's just that darned Obama manipulating the numbers to win the election.
young but wise
(869 posts)4. ..........
Johnny2X2X
(19,066 posts)5. Great News
We've come a long way since we bottomed out 3 years ago.
This is driving Connies crazy!
WonderGrunion
(2,995 posts)6. Huge Kick & Rec
Just got done listening to Morning Scum saying how the jobs numbers could be as low as 25,000.
Eat that Repukes!!
phantom power
(25,966 posts)7. Prior to 2008, 7.7% would have been considered an emergency. Now it's the new normal.
Johnny2X2X
(19,066 posts)8. Shakes head
What are you talking about?
We were welol over 10% just a few years ago and we've been dropping pretty steadily ever since. This is a direct result of Obama's policies versus Bush's policy which produced that 10%+ UE rate.
It was a huge hole to dig out of and it didn't help that Republicans didn't lift a finger to lend a hand the last 4 years. We're on the right track. 7.7% isn't the new normal, it's just a stop along the way towards 6% or 5% or better.
uponit7771
(90,347 posts)9. With U6 rate going down with the U3 rate, "people leaving workforce" meme is negated