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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#1 January 12, 2012 at 7:39 pm
FurryGuy commented:

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?
#2 January 12, 2012 at 7:42 pm
FurryGuy commented:

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

“Who ya gonna blame? It’s Bush’s Fault!”
#3 January 12, 2012 at 7:51 pm
xkaydet65 commented:

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.
#4 January 12, 2012 at 7:57 pm
lynched1 commented:

How is it “unexpected” at this point?
#5 January 12, 2012 at 7:59 pm
Sasja commented:

Well, I’m sure Zero is pleased. His plan of destruction is right on track.
#6 January 12, 2012 at 8:05 pm
Jonah Vark commented:

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.
#7 January 12, 2012 at 8:09 pm
Sasja commented:

Wonder how many of these folks voted for this &#@!#*%.
#8 January 12, 2012 at 8:24 pm
Taqiyyotomist commented:

“MISSION ACCOMPLISHED!”

http://fakeposters.com.s3.amazonaws.com/results/2011/05/02/5uulg1qyzf.jpg
#9 January 12, 2012 at 8:27 pm
Taqiyyotomist commented:

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

Do it, Jim!
#10 January 12, 2012 at 9:01 pm
charlie commented:

Just doing his job.
#12 January 12, 2012 at 9:16 pm
Opus#6@AmericanPerspective commented:

#6, excellent!

They use the term unprecedented. Yep, in all the wrong ways.
#13 January 12, 2012 at 9:17 pm
FurryGuy commented:

#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.
#14 January 12, 2012 at 9:20 pm
gosh! commented:

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
#15 January 12, 2012 at 9:27 pm
crackermike commented:

I agree completely that the recession ended 30 months ago. That’s when the depression started.
#16 January 12, 2012 at 9:32 pm
ombdz commented:

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
#17 January 12, 2012 at 9:42 pm
JustMe commented:

Kindly explain to me how anyone can use the word “recovery” with numbers like this.
#18 January 12, 2012 at 9:53 pm
Sasja commented:

#17, JustMe. There is no recovery.
#19 January 12, 2012 at 9:55 pm
Multitude commented:

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!
#20 January 12, 2012 at 10:38 pm
James commented:

obama is the worst president in american history.