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US jobless rate in surprise fall to 9%

By Agence France-Presse
Friday, February 4, 2011 9:23 EDT
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WASHINGTON – The US unemployment rate unexpectedly fell in January, to 9.0 percent from 9.4 percent in December, but job creation was flat as the economy grapples with a weak recovery, official data showed Friday.

It was the second month in a row the rate has fallen 0.4 percentage point. Most economists had expected the Labor Department to report the jobless rate rose to 9.5 percent.

The Labor Department, in reporting data incorporating new adjustments, highlighted that the revisions made monthly comparisons difficult.

Severe winter storms across broad swaths of the country appeared to have skewed the numbers, analysts said.

The proportion of those actively seeking jobs, which rose 0.1 point from December, to 58.4 percent, was below the January 2010 level of 58.5 percent, when the unemployment rate was at 9.7 percent.

The economy created 36,000 jobs, the department said, sharply below the average estimate of 148,000 and down from 103,000 new nonfarm payrolls in December.

According to the data, the economy had created by January 31 only one million jobs for the more than eight million lost between December 2007 and February 2010.

This video is from the Associated Press, published Friday, Feb. 4, 2011.

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  • Guest

    Why does my gut tell me that these numbers are Bullshit.

  • http://profiles.yahoo.com/u/EHJJXSTSSOCXLTSQBUVIDYUF7M Dave

    Almost no job creation again last month. Our market based economy continues it’s 11 year trend of utter failure.

    This is one of the biggest stories in the history of this country and the corporate media is downplaying it.

    *******************************************************************************************

    Almost Zero Job Creation In The Last 11 Years

    http://www.washingtonpost.com/wp-dyn/content/article/2010/01/01/AR2010010101196.html

    http://www.businessweek.com/the_thread/economicsunbound/archives/2009/06/a_lost_decade_f.html

    http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

    ***************************************************************************************

    IMF Declared America To Be In A Depression 2 Weeks After Bush Left Office

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a6aaWZ8ab8yU

  • http://profiles.yahoo.com/u/EHJJXSTSSOCXLTSQBUVIDYUF7M Dave

    http://www.shadowstats.com/

    This website shows how they are cooked.

    They were always somewhat cooked but they turned into complete fiction when Bush took over. He used the “Birth / Death” statistic to just make up the job creation numbers out of thin air. Lots of stuff online about how he did that.

  • http://pulse.yahoo.com/_WNGC7LBPNNIGFWC272XM7OZEJQ Fake G

    Yes, and?

    You see as long as the rich are able to continue living high on the hog what’s the problem? The population is distracted by cable TV. It is the new Roman Arena. Keep the dregs distracted while the elite oppress us. Nothing will change. The teaparty is controlled by the corporate oppressors the left has bought into the progressive movement that is controlled by the different named corporate opressors. You need proof? Go on any progressive blog and ask about free trade. You will be shund.

  • Anonymous

    The stats are wrong, they don’t count the people who lose their benefits and they use the Birth/Death ratio to create jobs out of thin air.

  • http://profiles.yahoo.com/u/EHJJXSTSSOCXLTSQBUVIDYUF7M Dave

    How To Not Hire An American

    http://www.youtube.com/watch?v=TCbFEgFajGU

    This is a video of a seminar given to american businessmen. These businessmen are the economic traitors that are in large part responsible for this depression

  • http://twitter.com/ergblerg Thomas Paine

    These numbers are flat out wrong. Just another example of cooking the books to raise national confidence. The article states that job creation “remained flat” and that 100,000 LESS jobs were added in January compared to February. Ignoring this obvious contradiction, how is it possible even under these conditions for unemployment to fall by .4 percent in both months? “Incorporating new adjustments?” Sounds like they just increased our choco rations.

  • http://profiles.yahoo.com/u/EHJJXSTSSOCXLTSQBUVIDYUF7M Dave

    Fake G wrote – “Nothing will change.”

    You can’t predict the future. There was talk for many years about how nothing would change in the middle-east and that area is now on fire in large part because those who are not rich are fighting back against the upper-class that have waged a class-war against them.

    This LONG list of revolutions shows that they are a very common event

    http://en.wikipedia.org/wiki/List_of_revolutions_and_rebellions

  • Anonymous

    I remember the RayGun “hitmen” that put these “seminars” on across the country, too. That terrorist Humana hospital group bought hospitals and put the nurses on half-time, fired all the maintenance, cooks, janitors and privitized it. Even the nurses were left without health care. The 5 hospitals here became “shit-holes.”

  • Anonymous

    Why would you care. Goofy paul would put the unemployment at about 40 percent, and that is a “liberal” number.

  • Anonymous

    Not sure if surprise is the word when people are running out of unemployment.

  • Anonymous

    The lower rate are people that fell off and the Obama administration along with this Congress are pushing. It takes over 250,000 jobs a month to hold even according to the BLS. The US is fast becoming the first post industrialized nation to become a third world nation. A nation of idiots fighting for oligarchs is what the US empire has become. The MIC little relevancy to the safety of the US citizenry and everything to do with holding down other nations to be raped by transnational business.

  • Anonymous

    Nine percent unemployment?
    BULLSHIT!
    Who believes that?

    Recession?
    BULLSHIT!
    Who still believes that?

    Can you say-
    D-E-P-R-E-S-S-I-O-N?

  • Don Corleone

    It’s interesting how little the stock market was affected by this news, as if the two had no relations whatsoever.

  • Anonymous

    They don’t have anything in common. Wall St. is completely disconnected from Main St. Their profits are made by contracting slave labor overseas and then selling the slave made products to Americans who buy on credit. Pretty good scheme huh?

  • Johnny Warbucks

    This really is worthy of the Ministry of Truth.

    First, unemployment was not and has not been for a very, very long time 9.4. The “official” rates strictly count the number of checks being issued to people and do not take into account those are underemployed, whose benefits have expired and the chronically unemployment.

    Then, you gotta laugh at the math. Truly worthy of 1984 2+2=5. There were only 36,000 ‘new’ jobs created yet, miraculously, unemployment drops down. WTF? Of course, there is always the possibility that they’re now counting the people who go to jail as ‘employed’ even if theirs is slave labor, in the minds of these psychopaths, I suppose a job is a job even if it doesn’t pay.

  • Johnny Warbucks

    I guess you didn’t notice but while people have been losing their jobs by the millions, the banksters have been putting millions in their pockets. So, no. No relationship whatsoever between the one and the other.

  • Johnny Warbucks

    The Obama Club believes it.

  • Johnny Warbucks

    You may now call it a Third World Superpower.

  • Johnny Warbucks

    How long has the ME been under the West’s boot? I forget but it’s hundreds of years, no? Well, get ready, if that’s our model, it’s gonna be a looooooooooooooooooooong ride. Oh, and another thing, Amerikans do not have the testicular fortitude of the people in the ME.

  • Anonymous

    No, we probably don’t; as soon as the oil is all gone, we’ll be leaving too!

    Meanwhile, the people of the Middle East will still be there!

  • Anonymous

    Using the government’s own figures and rubric, if we divide 9.4 percent by .4 we get 23.5 if we then multiply that by the 36,000 new jobs that this .4 of 1 percent according to the government’s own figures is supposed to represent we get a total of 846,000 unemployed people in the United States. In other words, for these 36,000 new jobs to actually represent .4 of the unemployed, there would have to be only 846,000 total unemployed people in America today.

    That’s how mathematically fucked up this fictional drop in unemployment is!

  • http://profiles.yahoo.com/u/EHJJXSTSSOCXLTSQBUVIDYUF7M Dave

    So you can predict the future ?

    To begin you are wrong about it being hundreds of years. And it’s not a model for us. It’s an example of where predictions of long term passive behavior turned out to be completely wrong.

    And they are rebelling against a much more repressive government which indicates rebellion under our less repressive system would be easier.
    Look at the uprisings against the Vietnam war 40 years ago. They had a pretty good anti war turn out when the war in Iraq started too. Look at the uprising that took place in america during the depression. You push most people enough and they will react.

    But maybe you are right. One thing i know is i can’t predict the future.

  • http://www.facebook.com/people/Chris-W-Roads/629696293 Chris W Roads

    This article should read “Gov changes the way they calculate unemployment”
    Putting numbers into this is just wasting type

  • http://pulse.yahoo.com/_WNGC7LBPNNIGFWC272XM7OZEJQ Fake G

    You seem to think that will happen anywhere that the people are oppressed…
    You must be young and naive. The people do not overthrow a government in this day-in-age the oligarchy that controls us isn’t going to allow the dregs to rule themselves without a control collar around their necks. Take a look at your long list nothing changed in the last 30 years in any of those countries. You can dilute yourself into thinking that you control your fate, but I have lived to long to be that gullible.

  • Johnny Warbucks

    So you can predict the future ?

    You can’t be that stupid. Can you?

    To begin you are wrong about it being hundreds of years.

    I stand corrected. It has been thousands – not hundred – of years. The Crusades were launched and/or took place between 1095 and 1291. The West has not since left those poor people alone.

    It’s an example of where predictions of long term passive behavior turned out to be completely wrong.

    WTF? Are you one of those idiots with a PhD in Philosophy and working at as cashier at a liquor store or something?

    Oh, yeah, it goes down hill after that. You like to hear yourself talk or see your hands type. You should have stopped with your opening line. It was far more intelligent than the rest of the post and it would have only showed you to be infantile. The rest of the babbled removed all doubt as to any IQ deficiency.

  • Johnny Warbucks

    Fuck off your Zionist troll. I hear your masters in Tel Aviv need their boots licked and their ass kissed.

  • Anonymous

    What happened Johnny, you got up the wrong side–huh? Who’s your bookie? I guess you owe a bundle after your Steelers got their ass kicked, don’t ya?

  • Johnny Warbucks

    Did I forget to tell you to fuck yourself again?

  • Anonymous

    How did that stalking report turn out; did they turn you down for inconclusive evidence or what?

  • Anonymous

    Wrong! There is an inverse relationship between unemployment and the stock market.. The more unemployed there are, the cheaper labor will become, and the higher profitability will soar!

  • Johnny Warbucks

    Beautiful! Defending Castro and the Zionists isn’t enough insult for you now you have to defend the banksters too. Next, you’ll be defending Hitler even if it’s in direct contradiction to your defense of the Zionists. But, hey, who cares, right? For as long as you defend everything that is wrong, immoral and unholy. What a piece of human excrement you are shill!

  • Johnny Warbucks

    You are one sick bastard. You do your heritage proud. No shame, no values, no pride, no nothing. Just a mouth with your foot permanently inserted in it all the way up to the knee.

  • Anonymous

    Sorry Johnny, pointing out a basic law of capitalism doesn’t make me anything except evidently more knowledgeable about the law of supply and demand than you!

    Do you really believe that what Marx called a larger “army of unemployed,” the “lumpenproletariot” doesn’t drive down wages? Do you really think that the laws of supply and demand don’t apply to the pool of unemployed workers? Do you think that pointing that out and showing that the relationship is “inverse” and not non-existent as you claimed means I support the banksters?

    I guess you don’t understand what the word “inverse” means or what the word “relationship” means and you don’t understand how the basic law of supply and demand works? And you obviously have no idea what companies comprise the stock market!

    But hey, that’s certainly not all you don’t know! Although I have to admit you have all those George Orwell references in “1984″ down–so you might have read that. You do know, of course, that Eric A. Blair was a socialist like Castro, don’t you?

  • Anonymous

    That’s OK, Johnny, maybe you’ll play a winner next time!

  • Anonymous

    The stock market went up 29 points on this news. Of course they weren’t responding to the official figures; they could do the math and they know this number actually represents a huge increase in the army of the unemployed so they were moderately happy! At this point they are able to hire new workers, even the college educated, at nearly any wage they choose so these monthly numbers no longer have as much effect as they once had.

  • Anonymous

    Complete nonsense, just looking for a flame war, there is nothing goofy about Ron Paul and liberals like Nader, Kucinich and Mckinney understand that so I think people who think like you need to get your head out of your rear. GO to AOL/Huffington Post, people like you will be at home there.

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