Hooray!… Obama Is First President to Lose One Million Jobs In a Recovery

It’s an Obama world. Its an Obama recovery.

Another record!
Barack Obama is the first president to lose one million jobs in a recovery.
Investors reported:

Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.

In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren’t working, and they aren’t looking — according to data from Labor’s Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000.

This is virtually unprecedented in past economic recoveries, at least since the BLS has kept detailed records. In the past nine recoveries, the labor force had climbed an average 3.5 million by this point, according to an IBD analysis of the BLS data.

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  • FurryGuy

    Hmmm, it’s after the holidays and the temporary holiday workers are now back on the unemployment line. This administration cheered the “drop” in unemployment figures when businesses hired workers temporarily, as if temp workers were a permanent fixture, and now they are hard at work trying to hide the decline.

    More manipulation from the most mendacious administration ever, who’da thunk it?

  • FurryGuy

    It’s an Obama world. Its an Obama recovery.

    “Who ya gonna blame? It’s Bush’s Fault!”

  • xkaydet65

    These can’t be holiday layoffs. State regs for UI usually require 6 months of prior continuos employment before granting UI. Some person who worked from Nov 1 to Dec 31 for the holidays wouldn’t qualify for UI.

  • lynched1

    How is it “unexpected” at this point?

  • Sasja

    Well, I’m sure Zero is pleased. His plan of destruction is right on track.

  • Jonah Vark

    Barack Obama is………

    First President to refuse to show a valid Birth Certificate.

    First President to have a social security number from a state he’s never lived in.

    First President to Violate the War Powers Act.

    First President to Orchestrate the Sale of Murder Weapons to Mexican Drug Cartels.

    First President to be Held in Contempt of Court for Illegally Obstructing Oil Drilling in the Gulf of Mexico.

    First President to Require All Americans to Purchase a Product From a Third Party.

    First President to Spend a Trillion Dollars on ‘Shovel-Ready’ Jobs– and Later Admit There Was No Such Thing as Shovel-Ready Jobs.

    First President to Abrogate Bankruptcy Law to Turn Over Control of Companies to His Union Supporters.

    First President to “Order a Secret Amnesty Program that Stopped the Deportations of Illegal Immigrants Across the US , Including Those With Criminal Convictions.”

    First President to Terminate America’s Ability to Put a Man into Space.

    First President to Encourage Racial Discrimination and Intimidation at Polling Places.

    First President to Have a Law Signed By an ‘Auto-pen’ Without Being “Present.”

    First President to Arbitrarily Declare an Existing Law Unconstitutional and Refuse to Enforce It.

    First President to Threaten Insurance Companies if they Publicly Speak out on the Reasons for their Rate Increases.

    First President to Tell a Major Manufacturing Company In Which State They Are Allowed to Locate a Factory.

    First President to File Lawsuits Against the States He Swore an Oath to Protect (AZ, WI, OH, IN, etc).

    First President to Fire an Inspector General of Ameri-Corps for Catching One of His Friends in a Corruption Case.

    First President to Propose an Executive Order Demanding Companies Disclose Their Political Contributions to bid on Government Contracts.

    First President to appoint 45 ‘czars’ to replace elected officials in his office.

    First President to Golf 73 separate Times in His First Two-and-a-Half Years in Office.

    First President to hide his medical, educational, and travel records.

    First President to win a Nobel Peace Prize for doing NOTHING to earn it.

    First President to coddle America’s enemies while alienating America’s allies.

    First President to publicly bow to Americas enemies while refusing to salute the US flag.

    First President to go on multiple Global apology tours.

    First President to go on 17 ‘vacations’, including ‘date nights’ paid for by the taxpayer.

  • Sasja

    Wonder how many of these folks voted for this &#@!#*%.

  • Taqiyyotomist
  • Taqiyyotomist

    Jim, #6 deserves a post, at some time or another, all it’s own. Complete with hyperlinks.

    Do it, Jim!

  • charlie

    Just doing his job.

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  • #6, excellent!

    They use the term unprecedented. Yep, in all the wrong ways.

  • FurryGuy

    #10 January 12, 2012 at 9:01 pm
    charlie commented:

    Just doing his job.

    Doing his job according to whom/what? The Communist Manifesto? Sure ain’t doing what the U.S. Constitution obligates the CinC to do.

  • Wait until those 80,000 former military members hit the unemployment office in few weeks………………how’s the adminastration going to manipulating the data…………..just sayin

  • crackermike

    I agree completely that the recession ended 30 months ago. That’s when the depression started.

  • Another first for the Great Uniter! Although this graph is kind of the inverse of the kind we’ve come to expect under Obama for the debt, deficit, spending, etc. The Obama Curve … http://bit.ly/qVdDUt

  • JustMe

    Kindly explain to me how anyone can use the word “recovery” with numbers like this.

  • Sasja

    #17, JustMe. There is no recovery.

  • Multitude

    We’re just not spending enough to stimulate jobs. I looked at the 2010 Census data and figured that if every American household took just one taxpayer subsidized vacation like the Obamas took over the holidays (not including all the other travel, golf, parties, etc.), at $4 mil. for the family trip, then we’d spend as a nation $450 TRILLION.

    Baby, that’s JOBS JOBS JOBS!

  • James

    obama is the worst president in american history.

  • Black Sabbath

    When Soros saw that graph, he called Obama and said, “You have done well, my young apprentice. Everything is proceeding as I have foreseen.”

  • Ipso Facto

    Obama has no concern about millions of productive Americans being unemployed. Our lives, and now a few of our productive years are simply being spent by Obama. We are the currency he is quite willing to squander in order to subvert the free market system and usher in Socialism.

    Cynical Obama has done nothing to create more jobs because he wants instead to take over as much of the economy as he can. If the price paid for this radical change is the incomes of millions of productive people – for years – so be it. If we had full employment, or even 5% unemployment, Obama wouldn’t have the crisis he needs to take control of certain aspects of the economy because there would be too many working people to warrant the drastic actions he wants to take. In a strong economy, people would be saying, if it ain’t broke, don’t try to fix it.

    With unemployment so high, he is able to manipulate people into accepting his deceiptful dialog because he can say, “Look, the previous system didn’t work, and the high unemployment is evidence of that, so I am going to change how things work to make things more fair”. He wants no more millionaires while we still have poor people in America.

    Omama’s lie is that the previous system was the most efficient job creation engine in the history of the planet, however, it rewards people of accomplishment – and there is nothing Obama (inept, incompetant, and unaccomplished) dislikes more than people who are competant, productive and financially secure. The more we move towards a strong economy with low unemployment, the less chance Obama has of working his insidious plan. His ideas only appeal to the parasites, the government beaurocrats, the welfare recipients and all the other people dependent upon government largess for their pensions or income.

    Thus, the capital Obama is spending to get his way is the incomes of millions of productive American citizens for years. The borrowing goes on to feed the parasites. There is no effort to streamline regulations or issue energy production permits, or help businesses to hire non-union workers. Everything Obama has done was to subvert job creation instead.

    This crime against so many productive, hard-working Americans cannot go unaddressed. Obama needs to go in 2012!

  • jorgen

    Carter was an incompetent and insane boob, but Obozo beats him by a safe margin for the title of being the worst POTUS ever.

  • Nancy

    But, you see, we’re not in a recovery. They’re just calling it that. In other words, they’re lying to us. Again.


  • Craigski (the only real commissaron this site)

    Do not confuse us with facts Hofter or Obama will have you dteained. Its the People’s justice!

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  • Militant Conservative

    Wow surprised no O bots have not come to

    defend the WH terd.

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  • LookUp

    Those of us in the trenches do not need government officials telling us if things are good or bad. We LIVE IT. We already know the truth. business is continuing to decline. Credit cards all over America are maxxing out. There is no cash left over for most. Even the local wealthy are cutting back and showing concern.

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