US Economy Loses Another 85,000 Jobs in December 2009 … 10% Unemployment

 

How is that Obama jobs plan working these days? Economist predicted 8,000 job loss … the reality … 85,000!!!

So much for that economic recovery that the Obama Administration was trying to spin after last months jobs numbers. The US economy lost 85,000,  more jobs than expected in December, 2009 while the unemployment rate remained steady at 10 percent. What does this tell us? No one is still hiring.

The economy lost more jobs than expected in December while the unemployment rate held steady at 10 percent, as a sluggish economic recovery has yet to revive hiring among the nation’s employers.

The Labor Department said Friday that employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected.

A sharp drop in the labor force, a sign more of the jobless are giving up on their search for work, kept the unemployment rate at the same rate as in November. Once people stop looking for jobs, they are no longer counted among the unemployed.

When discouraged workers and part-time workers who would prefer full-time jobs are included, the so-called “underemployment” rate in December rose to 17.3 percent, from 17.2 percent in October. That’s just below a revised figure of 17.4 percent in October, the highest on records dating from 1994.

Remember just last month Obama and his state run media were quick to say that, “The nation’s employers not only have stopped eliminating large numbers of jobs, but appear to be on the verge of rebuilding the American work force.” Think they were a bit quick on the draw? The loss of 85,000 more jobs for Americans has a way of doing that.

Report may show first monthly job gain in 2 years … NOT!!!



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  • Comments

    16 Responses to “US Economy Loses Another 85,000 Jobs in December 2009 … 10% Unemployment”

    1. Scott on January 8th, 2010 10:40 am

      LOL…this admnistration does nothing but smoke up your a$$. They are laughable they way they try to SPIN things…jobs, economy, terror (opps, I mean man-made disasters), etc…the list can go and on.

      I suspect the number is really higher than 85K!

    2. super dave on January 8th, 2010 11:22 am

      my son & daughter are both without jobs. my son has been laid off since october 2008, my daughter attends local college, has A average, but both have been turned down for jobs because they don’t speak spanish.
      since when in your own country can you not land a job because you don’t speak the language of the illegal population ? this is ridiculous. thanks to our racist government .

    3. St Stephen on January 8th, 2010 12:39 pm

      …we ain’t seen nothing yet, I’m afraid. The light at the end of the tunnel looks so far away. It seems that it may take until November of 2012 to get us out of this jobless funk.

    4. Michelle on January 8th, 2010 12:57 pm

      #2 Why should we learn Spanish when we live in America. Our language is English. I say if you want to live in this country learn the language. If I move to another country, I will learn to speak that language and not expect them to change for me. Thanks liberals for screwing up America.

    5. athena on January 8th, 2010 3:40 pm

      The only jobs Obama’s created are government jobs for his cronies, the czars, all those aides who haven’t even been vetted, his felon friends ect.

    6. Wolf on January 8th, 2010 4:18 pm

      #4 Since when did Liberals make spanish the offical 2nd language? Since #2′s son was laid off in 2008 I guess I could blame Bush for that…that’s when the crap really started hitting the fan anyway.

    7. super dave on January 8th, 2010 4:47 pm

      #6: bush is no longer president. this is all on obama’s head and he can’t handle the pressure as we can all see.
      he’s more into destroying lives with healthcare reform , cap & trade, and climate gate. his administration has let terrorists see how much of a weak link he is.
      three people walked right into the white house as easy as a convienence store. any terrorist with a suit could have blown the place to pieces.

    8. A Texas Grandfather on January 8th, 2010 6:16 pm

      The American people will never know the real unemployment figures since the government has a vested interest in manipulating the data to make themselves look good.
      If one were to really go behind the published phony figures and get to the real data, we may be amazed to discover that the rate is closer to 25 per cent not the 10 percent published.
      This administration is all about lies,deceit and stealing every dollar they can from the people.

    9. Dolf on January 8th, 2010 8:25 pm

      it does suck being unemployed, got fired in december (job in construction(financial))

      however….long live the Dutch unemployedlaws, getiing 75% of my last pay check (comming feb it will be 70%), but i’ll have a job by then :)

      it feels strange being at home (worked all my life), but at least I don’t have to leave my house or eat less or loose my healthcare

    10. Dolf on January 8th, 2010 8:27 pm

      Michelle, you speak American, slightly different then English

      and Wolf…Spanhish is the secong language in the world

    11. Buster on January 9th, 2010 11:03 am

      Michelle, you speak American, slightly different then English
      Then ???
      I think you meant Than ??? You English is just as BAD !!!

    12. Barack Hussein Obama … The Buck Stops With George W. Bush … The Blame GWB President | Scared Monkeys on January 9th, 2010 3:38 pm

      [...] Since Barack Obama took office another 3.4 million people have lost their jobs, including just another 85,000 last month. That does not even touch the number of people who have fallen off the unemployment rolls and have [...]

    13. Michelle on January 9th, 2010 6:32 pm

      #10 I speak American English not spanish because I live in America and that is the 1st language of this country. Spanish may be considered the second language of America but it’s not the official language and therefore we do not have to learn a different language. The non-English speaking people that wish to be citizens of this country need to learn the official language.

      So what’s your point?

    14. Scott on January 12th, 2010 9:50 am

      Well Dolf you’re a tool bragging that you are still getting paid at OTHERS expense. Unreal.

      Yeah, brag about not losing your healthcare, while seniors in your moronic country are being killed or left to die.

      The Netherlands is a joke and they are the butt of a lot of jokes in the world.

      Nice job of letting the guy get on that plane. I imagine (since I’ve been to Amsterdam) that the whole airport was high or something. Beautiful airport but they don’t have their sh*t together no matter what excuse they use. That guy SHOULD HAVE NEVER BEEN ALLOWED ON THAT FLIGHT!

    15. Dolf on January 13th, 2010 4:16 pm

      true, he should have been on that no-fly list

      just like his father asked the US….

      but wait…gotto kill my grandmother…she is old

      your so clueless…its almost not funny anymore and keep showing your ignorance and intolerance

      shouldn’t you join the Taliban since you so clearly support their believes?

    16. American Voter Buyers Remorse … Majority Would Vote Against Obama | Scared Monkeys on January 15th, 2010 12:09 pm

      [...] 10% unemployment, 85K more jobs lost in December 2009 [...]

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