Good news on jobs is bad news for GOP
February 3rd, 2012
12:10 PM ET
2 years ago

Good news on jobs is bad news for GOP

Washington (CNN) - That loud noise you heard Friday morning? Cheers from the White House and President Barack Obama's campaign headquarters in Chicago.

Employers created 243,000 jobs in January, according to Friday's Labor Department report. The unemployment rate dropped from 8.5% to 8.3% - the lowest level since February 2009. Unemployment has now dropped for five months in a row.

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Filed under: 2012 • Economy • President Obama
soundoff (48 Responses)
  1. Rob

    This is definitely good news for those that were able to find work again. I'm curious though; can anyone tell me exactly what Obama did to get the unemployment rate down? Because I didn't see anything in this story that says what he had done exactly to bring it down. The Republicans clearly don't have a leg to stand on either, as they've done little if nothing to improve the economy.

    Go ahead though – Republicans and Democrats alike – continue screaming from your lungs about how great your "team" is. It only goes to show how blinded you are to the fact that both sides are useless and answer only to those with the biggest checkbook.

    February 3, 2012 12:57 pm at 12:57 pm |
  2. vote the Tea Party OUT in 2012

    I have to admit I enjoy reading how the righties here are trying to spin this so the president gets little to no credit for this. On the other hand had the news been negative they would be bashing him like a pinata. Suck it up righties things are slowly starting to get better with little to NO help from your guys.

    February 3, 2012 12:57 pm at 12:57 pm |
  3. Anonymous

    "And if you want MUCH MORE improvement, elect even more Republicans and the economy (you know, those evil businesses!) will improve DRAMATICALLY."

    And yet you have no historical evidence to support your absurd statement.

    February 3, 2012 01:04 pm at 1:04 pm |
  4. Anonymous

    The GOBP deathcult will be even more hysterical about attacking Iran and supporting their Ziocon buddies after this news. Despite their best efforts to tank the economy, the only way to hamper the recover now is to start a war with Iran and blow oil prices sky high. Just watch. This is their Plan B and it's already started. The anti-Iran propaganda pieces have been popping up here and in other media outlets for the last month or so. Call your congressman and tell them hay-ell no to war with Iran.

    February 3, 2012 01:07 pm at 1:07 pm |
  5. gt

    thats good news... there is enough pain .. so if the obama thinks everything is rosey...he is nuts... i want to know where is all the jobs are, which state.. besides texas .... i dont see it ....

    February 3, 2012 01:09 pm at 1:09 pm |
  6. coy4one

    The GOP is lying to you! Stop and think about it...for the economy to grow in massive numbers each month would certainly cause all sort of fiscal problems such as; higher interest rates...risky and dangerous inflation concerns...and more greedy opportunities for the rich, not the middle-class or the poor. Recessions recover only when a large series of factors recover and on different timelines. Yes, we can put Band-Aids on things along the way to make them less painful, but the fact is, no Republican or Democrat can "fix" the recovery process of a recession. The economy relies on too many factors, companies, people, and government for any small group to fix anything. So when the GOP blames Obama, or promises jobs, then I would recommend you start listening to someone who knows what they are talking about, and at this point, I don't see anyone. And, when it comes to recessions, recovery and the economy, voting for the lesser or all evils is not an answer either. Anyone who believes that a President can fix the economy is either high, or illiterate.

    February 3, 2012 01:10 pm at 1:10 pm |
  7. The Real Tom Paine

    Truth and reality are rarely, if ever, acquainted.

    February 3, 2012 01:11 pm at 1:11 pm |
  8. Independent

    Now for the REAL news. A record 1.2M workers fell out of the job market **IN ONE MONTH** and the labor participation rate is down to 63.7% (30 year low). Meanwhile, the media is celebrating the unemployment rate? Tell the real story someone. This is simple math and it's not at all good. The headlines amount to complicit lies that misconstrue the truth. Wake up America, you're being duped.

    February 3, 2012 01:12 pm at 1:12 pm |
  9. unsub

    rnc chair sounds like Baghdad Bob!

    February 3, 2012 01:12 pm at 1:12 pm |
  10. Noodle Nose Johnson

    What's worse is the complete tea party morons claiming that jobs went up because of the election of wacky Republicans in the House. There's no reasoning with someone without reason.

    February 3, 2012 01:14 pm at 1:14 pm |
  11. Dean

    The unemployment rate is calculated differently than in the past, using such factors as 'seasonal adjustment'. I know that for liberals, common sense is a foreign concept and a fact is something to be avoided. For the rest of you, here are a few facts:

    The number of those whom have dropped out of the job force is at a 30-year high.
    The number of people on 'food stamps' has risen by @14,000,000 since Obama took office.
    The number of people considered below the poverty line has risen by @10,000,000 since Obama took office.
    The median household income has steadily dropped since Obama took office.
    ...there are many dozens more of such facts.

    Obama's policies ARE working...for the liberals who stay in power by creating an environment that makes more and more people dependent on the federal government. But his disasterous policies have also failed the economic drivers of this great country.

    Whether in one year or five, it will be a great day when Obama leaves the White House.

    February 3, 2012 01:15 pm at 1:15 pm |
  12. Rudy NYC

    Just look at it this way. The Stimulus offered by Pres. Obama was a one time expense off roughly $700 billion. The conservative solution offered was to enact additional recurring tax cuts for the wealthy and corporations to the tune of $500 billion annually, which would be costing us $2 trillion and counting. I mention this because every leading Republican still endorses these ideas have will quickly enact them.

    February 3, 2012 01:17 pm at 1:17 pm |
  13. The Real Tom Paine

    The public sector job losses are occurring disproportionally in red states, because the idiot GOP governors seem to think massive layoffs of teachers, police and firefighters will somehow magically produce balanced budgets, better schools, safer streets and better first-responders. Places like New York, that have actually negotiated with the unions and obtained concession, are seeing their states rebound faster: geez, why do ya think that is?

    February 3, 2012 01:17 pm at 1:17 pm |
  14. Gavin

    I don't put much stock in the unemployment numbers. Everyone knows they are manipulated. The folks who are unemployed fall off the rolls when their benefits are exhausted. Then there are the 24 million who are unemployed as well as the underemployed. Then there is the annoucment from American Airlines. They just announced big layoffs coming in the months ahead. What about the 100,000 or more vets coming back from Iraq? They don't get factored into the unemployment rate. There will be more layoffs coming from the aerospace and defense Industry and financial services like Hedge funds. Don't get too excited about the unemployment rate because it is going up and will be revised soon. Right now they want everyone to feel good, be happy and enjoy the Superbowl game. Afterall it's an election year.Next month they will put out more news you may not want to hear.

    February 3, 2012 01:18 pm at 1:18 pm |
  15. i want a mega rich Mormon who hides money overseas, and a master tax evader as president

    I guess mitt will have to put his golden magic underwear back on and pray for USA failure.

    February 3, 2012 01:18 pm at 1:18 pm |
  16. G

    Another four years!

    Obama 2012!

    February 3, 2012 01:20 pm at 1:20 pm |
  17. Peace

    Pres. Obama has been working so hard since "W" handled him over the bleeding economy. He stopped the bleeding. He has tried all the time to put thing up right while GOP has been pulling him back claiming why he did not do it so fast. Folks, god gave us brain to use it. The time has come to sit down and think who we should praise, blame and whether it is a wise thing to do, to handle over the economy again to a person who messed it up at the first place. It is a very big test to every American and it is my sincere hope all will pass the test.

    February 3, 2012 01:23 pm at 1:23 pm |
  18. w l jones

    Just think for one moment what this land would be like without a : STRONG UNION" that bound us all together as well as union worker the engine that propel the majority our people into middle class. Bless.

    February 3, 2012 01:24 pm at 1:24 pm |
  19. Rudy NYC

    Dean wrote:

    number of those whom have dropped out of the job force is at a 30-year high.
    The number of people on 'food stamps' has risen by @14,000,000 since Obama took office.
    The number of people considered below the poverty line has risen by @10,000,000 since Obama took office.
    The median household income has steadily dropped since Obama took office.
    -----------–
    The downward decline in middle class incomes began under Reagan, and accelerated under George W. Bush.

    It is not surprise that millions have dropped below the poverty line after Republicans nearly destroyed the economy.

    People are applying for food stamps because of the Great Recession. What was GWB's excuse? He had more new people applying for food stamps than Obama has seen. And that was during a supposedly golden age of prosperity.

    Most of those jobs losses were during the last 6 months of 2008, and the first 6 months of 2009, when the Stimulus kicked in.

    February 3, 2012 01:24 pm at 1:24 pm |
  20. S.positive

    where is Truth and Nothing But the Truth?????????????????????????????

    February 3, 2012 01:26 pm at 1:26 pm |
  21. mk1

    The numbers would be far better and the people of America would be much better off if the Republicans would get off their butts and actually not stand in the way of our President. They have done NOTHING to help yet the economy is beginning to show signs of recovery. Had the Republicans actually helped the American people by compromising on things we would be far better off. I saw Boehner today and just about gagged. Get the Senate going? How about the House doing something other than saying NO. How about some new bold ideas rather than retreading the old policies that caused this mess in the first place. Oh, wait, that is all Republicans know, tax cuts and deregulation, a sure fire way to ruin.

    February 3, 2012 01:28 pm at 1:28 pm |
  22. PA_outofwork

    BS.... We are being "Weinered" by Obama and the Democrats in Congress.

    The Obama administration needs to stop dropping people that have run out of unemployment benefits! We need the American population to see the 20 percent plus unemployed.

    February 3, 2012 01:37 pm at 1:37 pm |
  23. Larry in Houston

    so – he's running against a "do-nothing" congress ?? For some odd / unknown reason or another, everyone says the same thing. Why do they say a " do nothing " congress ??

    I think when they say that, they surely must ahve "mis-spoke"

    It should be : Obama is working with a " stop congress " not a do-nothing.

    (maybe they should go on "part time" )

    Larry IN Houston

    February 3, 2012 01:38 pm at 1:38 pm |
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