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Old 10-05-2012, 10:03 AM  
Robbie
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Join Date: Aug 2002
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Quote:
Originally Posted by Vendzilla View Post
Well , Obama just got a little boost, the unemployment rate just went under 8% for the first time since the stimulus package , too little too late I think, but they will spin that I'm sure
Yeah, but it's just like last month's "drop"

Less jobs were created this month than last month. So it would have gone up. But more people stopped looking for work at all again this month which lowered the rate.

Just saw the numbers crunched on CNN. If the same amount of people were still in the work force today as there were when Obama took office...the unemployment rate would be 10.7%!!!!
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