Officially Reported Unemployment Rate Remains at 8.3%
Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.
Tags: unemployment rate, Bureau of Labor Statistics, February 2012, jobs numbers, required recovery numbers, Free Enterprise To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 9:30 PM - Post Link
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Obama labor dropouts make real unemployment rate 10.8 percent
March 9, 2012, Fairfax, VA — Americans for Limited Government President Bill Wilson responds to today's unemployment report:
"The monthly unemployment rate has become a meaningless statistic that no longer reflects the reality of America's economy or even the state of our nation's employment. Shockingly, the stated rate of 8.3 percent does not include the 4.4 million Americans who have dropped out of the labor force since Obama became president. When you include the dropouts, the real Obama unemployment rate is 10.8 percent."
Attachments: Understanding the 'unemployment rate,' by ALG Communications Director Rick Manning, March 9, 2012 .
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