General Discussion

spanone

(142,023 posts)

12. and i doubt he would have delivered. de-regulate and cut taxes...that's all they have

Fri Nov 6, 2015, 06:09 PM

Nov 2015

it's rarely reported how many jobs we were losing when Obama took the reigns.....

2008 - Worst year for jobs since '45

NEW YORK (CNNMoney.com) -- The hemorrhaging of American jobs accelerated at a record pace at the end of 2008, bringing the year's total job losses to 2.6 million or the highest level in more than six decades.

A sobering U.S. Labor Department jobs report Friday showed the economy lost 524,000 jobs in December and 1.9 million in the year's final four months, after the credit crisis began in September.

The unemployment rate rose to 7.2% last month from 6.7% in November - its highest rate since January 1993.

The steep annual drop in jobs marked the highest yearly job-loss total since 1945, the year in which World War II ended

http://money.cnn.com/2009/01/09/news/economy/jobs_december/

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

55 replies

= new reply since forum marked as read

Highlight:

Under Obama unemployent is now 5% [View all] malaise Nov 2015 OP

Hardly any mention of it here at DU, is there. randys1 Nov 2015 #1

Amazing indeed malaise Nov 2015 #2

The corporate media is steadfast in their refusal to let Americans celebrate anything because of Fred Sanders Nov 2015 #3

And that's the fugging truth malaise Nov 2015 #7

and 7.2% under Reagan was called "Morning in America!" napkinz Nov 2015 #4

Well you know those teabaggers can't spell Yo_Mama_Been_Loggin Nov 2015 #54

K&R... they would be calling Rmoney a nation saving genius spanone Nov 2015 #5

He promised 6% unemploymennt malaise Nov 2015 #9

and i doubt he would have delivered. de-regulate and cut taxes...that's all they have spanone Nov 2015 #12

Adding this because we so love to laugh at ReTHUG hacks malaise Nov 2015 #39

they just can't admit the black democratic President did a good... spanone Nov 2015 #40

The M$M gets paid to report negative news about Obama, never positive news. Rex Nov 2015 #6

Yes. And get how Fox reports it - incredible propaganda and doublespeak: Fred Sanders Nov 2015 #8

I just heard one of the morons on GEM$NBComcast saying well look where malaise Nov 2015 #10

Verizon is laying off around 10,000 in the US but are hiring about 6000 in India. LiberalArkie Nov 2015 #11

My cousin is at Verizon . I didn't want to keep bothering him how negative asking well do you Person 2713 Nov 2015 #19

I think there is a figure in a location that if you are below that, the company doesn't have LiberalArkie Nov 2015 #22

Yeah I read about someone going to meet someone for a meeting and it didn't happen the other guy got Person 2713 Nov 2015 #30

How can Trump top this? Yavin4 Nov 2015 #13

or 5000% if you are a republican. nt La Lioness Priyanka Nov 2015 #14

When things go bad it's because of the Republicons in Congress, rhett o rick Nov 2015 #15

+1 leftstreet Nov 2015 #31

The discouraged worker rate is about 0.5% Recursion Nov 2015 #45

Hear are the figures for the year 2015 LiberalArkie Nov 2015 #16

Thanks malaise Nov 2015 #18

2008 job report (Your wish is my command) I'm a data junkie LiberalArkie Nov 2015 #20

Wow - we should send both sets of data to M$Greedia malaise Nov 2015 #25

The only thing I an still afraid of is that corporations are still hiring low paying LiberalArkie Nov 2015 #27

You are correct - there are still serious problems malaise Nov 2015 #28

Agree we are better off than with Georgie but we can not survive this much longer. rhett o rick Nov 2015 #32

Decades ago I told hubby that middle class silence in not defending malaise Nov 2015 #33

I agree and it looks to me like there is zero chance of humans preventing the development rhett o rick Nov 2015 #36

Repukes don't have much to work with flamingdem Nov 2015 #17

Yeah Thanks Obama !! Another sign he is not fit to be president or some other BS they keep Person 2713 Nov 2015 #21

This message was self-deleted by its author 1000words Nov 2015 #23

I still hear the main stream so called (liberal) media using the phrase "in this bad economy" doc03 Nov 2015 #24

We should send them the two sets of data malaise Nov 2015 #26

and some people want to put a republican back in. Short memories? B Calm Nov 2015 #29

FOX "News" can't handle the truth napkinz Nov 2015 #34

When the labor participation rate is the lowest in 38 years former9thward Nov 2015 #35

Hey man MFrohike Nov 2015 #38

Yeah Munificence Nov 2015 #41

Yes - you'd almost think a huge bubble of people were born about retirement age ago or something whatthehey Nov 2015 #42

Yeah, except the participation rate has dropped in the 24-54 age group. former9thward Nov 2015 #49

You don't like old people retiring or young people being in school? Recursion Nov 2015 #46

Except the participation rate is dropping from 24-54. former9thward Nov 2015 #53

So it's bad news? Kingofalldems Nov 2015 #48

Yeah I know. former9thward Nov 2015 #50

Phenomenal turnaround under President Obama's administration. lovemydog Nov 2015 #37

Mostly the unemployed have either given up looking, been locked in jail, or committed suicide Cheese Sandwich Nov 2015 #43

No, the discouraged worker rate is at 0.5%, an historic low Recursion Nov 2015 #47

Makes it really difficult to explain this... Fumesucker Nov 2015 #51

I generally support Obama, but daredtowork Nov 2015 #44

Have you seen this thread? Fumesucker Nov 2015 #52

And they are still ReTHUGs?? malaise Nov 2015 #55