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Unemployment Rate Continues To Fall

April 4, 2011 by  

Unemployment rate continues to fallThe United States economy gained 216,000 jobs in March, pushing the national unemployment rate to its lowest level in two years.

On April 1, the Labor Department reported that the jobless rate fell to 8.8 percent in March, which means that the figure has dropped a full percentage point in the last four months. It is the largest improvement in a four-month period since 1984, CNN reported.

Approximately 68 percent of industries have added jobs so far in 2011, the first year Republicans have controlled a Congressional chamber since 2006.

"The unemployment rate has broken through the sound barrier and is continuing to decline," Sung Won Sohn, economics professor at Cal State-Channel Islands, told the media outlet. "The recovery in employment is here to stay."

In Maine, Republican lawmakers have proposed new legislation in an effort to encourage employers to hire more young workers. According to The Huffington Post, the state's House of Representatives has introduced legislation that would lower the minimum wage for new employees under the age of 20 to $5.25 per hour. In addition, it would eliminate the maximum number of hours 16- and 17-year olds can work on a school day, and allow minors under 16 to work up to four hours on a school day.

The state Senate is considering a measure that would allow 16- and 17-year olds to work until 11 p.m. on school nights, which would add an hour to the current law. Furthermore, teens would be able to work 24 hours per week, four more than the current mandate, the news source reported.

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  • TIME

    And if you believe this rhetoric is true I have a slightly used bridge to sell you real cheep! It has low miles and was build in 1612, it’s in Mint condition! Like New and only $15 Trillion dollars.

    • Doc Sarvis

      Please back up your assertion that the unemployment rate is not dropping. It is easy to just say something is false whether it is or it isn’t.

      To me this looks real. The economy took such a big hit and needed drastic measures to just stablize it that the lagging indicator – employment rate was going to be slow to recover. It has begun to recover, not fast enough to please us but as fast as shell shocked employers are willing to commit to new hires.

      • Eddie47d

        Time is relentlessly fixed on the world of doom and gloom and even gloats about it. He’s like that guy with a scythe ready to take anyone that stands in his way to their final resting place. There will be no good news on his watch! Is that clear!!Jobs will be scarce for some time to come so we must temper that reality with the little improvements that come along. Slow and sure is better than fast and reckless which would bring us a false economy.

        • soldier

          Have fun eating your own words when the collapse comes. That is all you will be able to eat, as I am sure you have no storable food, heirloom seeds, etc. But hey, maybe you can trade your Xbox 360 or new plasma screen TV for a few bags of peanuts (if that) after the collapse and after power is offline.

        • http://?? Joe H.

          eddie,
          what BS are you going to spout when the price of gas gets to 4.00 and 5.00 a gallon??? those same employers are going to start laying off again when they see the price of raw goods double over night! The price to ship their completed products will double also! I just filled mt little tank today on my van and it cost 50.00 now what do you think it costs a semi to fill those two 40 gallon tanks??? My gas was 3.799 a gallon and diesil is even higher at 3.959 a gallon here!!

      • TIME

        Hey Quasi d,

        Do you get out much? Apparenty not by your mindless post that lack not only any LOGIC, but all Common Sence.

        All you have to do is take a few trips around the country and look at what used to be and what is no longer to figure out that new jobs are not being created anywhere other than Government jobs, of what there is no possible way to sustain them due to the fadding tax base.

        Its really quite a simple case of the “Unemployed dropping off the roles.” Odd how 200,000 plus just dropped off the unemployment roles as they have {used up all their benifits.}

        Oh but I forgot Quasi d, your one of the Twinkie Pants that needs spoon feeding as your brain power is just slightly higer than of a Nano Wit.

        • Doc Sarvis

          Time,

          You must be THE expert on “Twinkie Pants” as I have never heard or read the term until I started reading your posts on this site. You seem to pay way too much attention to those types of pants. Being an expert in that field is not something I would be proud of.

          Anyway, there are people being hired all around where I am. I don’t have the budget you must to travel all around the country but friends and family I have around different parts of our great land agree that slowly – the jobs are returning.

          • Eddie47d

            Does that scythe fit into those twinkie pants of yours Time? You never know when you’ll need it. You must have some mighty big shoes to go along with that 10 gallon head of yours.

          • TIME

            Well eddieeeee

            Wow; your raciest remarks didn’t go unnoticed. {Big shoes, Big Heads, and you even got the BIG SWORD in my pants} hell you didn’t skip a beat.
            I am shocked you didn’t just go all out dude and call me the N word too.

            But you sure hit all the “social stereo types” one after the next.
            Well “Goodieeee for you,” I now pronounce you a TRUE RACIEST.
            I knew it all along but man you did it up really well today.

            Hey perhaps later today you can even hit the “BIG N” that way you leave no question in anyones mind. But hey your score of 99.99% is not bad dude.

          • Eddie47d

            Nothing racist about what I said so you must be eating road apples. Sounds more like a racist trying to bait someone who isn’t. Ain’t working dude!!

          • http://?? Joe H.

            eddie,
            I don’t know about that! I was thinking the very same thing as I read your post!! Time was very astute in my opine in catching it and bringing it to your wandering attention!!

          • Kinetic1

            Let’s see, “10 gallon head” seemed to me a reference to a Texan who feels he’s an expert on everything. Now I don’t know where TIME is from, but the description seems to fit. “…mighty big shoes to go along…” sounded like a clown reference, or a suggestion that someone so top heavy would need the platform to stay upright. And a “scythe” is nothing like a sword, and would make an odd comparison to any anatomical part, but if that’s how TIME sees it…. All in all I have to agree that TIME would have to be awfully obsessed with racism to put this all together.

          • http://?? Joe H.

            Gee Doc, getting aroused again???

      • BUTCH

        go to this site and do the math Obamas guberment is using the whole population as a figure in doing unemployment rate which is incorrect because babies and children under the age of 18 cannot hold a full time job as by law. teens in high school can only work a few hours a day until they turn 18…. I keep coming up with 12%+, 17% and 21%+ in the unemployed I kept trying and the only way the rate is at 8% or lower is if babies to 17 year olds are counted.

        http://www.usdebtclock.org/

        • Disgusted

          They also don’t count you anymore if you file for food stamps. Calculation right now is 1/3 of the population are now receiving food stamps. I believe the real unemployed rate is over 20%.

          • Mike in MI

            Disgusted -
            They don’t count Food Stamps anymore. Because college kids living
            off-campus, but not at home, now are able to file for Food Stamps thee’s no longer an easy way to estimate how many are truely unemployed. So, now if 4 or 5 kids are living in the same house, unmarried, without kids and all receiving food stamps (at up to $200/month) they’re eating caviar and lobster-tails. Or, maybe they’re trading those stamps for more high-value stuff and munchies.

      • J.M.R.

        if thruth was told instead of the liberal [offensive word removed] the unemployment rate is alot more than 8.8%. it doesn’t take much to figure out at 400,000 a week for months that theres more than 8.8% unemployed.

      • Dan az

        OK Doc
        this little example not only proves where the jobs went but should show why the guv needs more money to pay for it.
        http://patriotupdate.com/4974/wsj-more-americans-work-for-govt-than-manufacturing-farming-fishing-forestry-mining-utilities-combined

      • always right

        Ed-duhIQ47 & dork sorarse, read it and weep:
        http://www.wnd.com/index.php?fa=PAGE.view&pageId=270957

        You guys REALLY need to go hang out at demoncrapic underwear.com where you belong. You have no business in here with people capable of both satire and rational though.

    • 45caliber

      Hey, that’s my line …

    • http://yahoo richard

      april one now isn’t that april fools day?

  • Joseph DeRuvo

    I really wish EVERYONE WOULD STOP TELLING THESE ” LIES” !!. Unemployment is worse than EVER.. 17%. That is the FACT!!. The only reason they are saying this is due to the FACT, That 2012 Elections are coming and NO PRESIDENT HAS EVER BEEN RE ELECTED WITH AN UNEMPLOYMENT RATE OF OVER 8%. IMPEACH OBAMA!!… IMPEACH OBAMA!!.. LIAR!!.. TREASONIST!!…

    • peter robison

      Joseph
      The rot started long before Obama became President. The reason so many are out of work in the U.S. and a large percentage of the high paying jobs are going to places like China and India, is education. These so called third world countries understand that in the 21st century, we need more engineers and scientists and fewer blue collar workers. Our lack of committment to educating our kids is the reason for our high unemployment rate. Read Thomas Friedman’s book “The World Is Flat” it will give you a glimse of our future, if we don’t change course now. The guy you constantly vilify understands this, he understands the need for a better educated workforce before we become a third world country.

      • http://yahoo richard

        the problem is we do not educate in our schools any more we just brain wash to make good little commies like our president

        • peter robison

          Richard,
          Your right wing, thoughless, uninformed rhetoric, adds little to the debate, and is one of the reasons the U.S. is in a lot of trouble. I guess you are one of frightened little people who are still looking for the communist bogey man.

          • http://?? Joe H.

            peter,
            Name one school that doesn’t teach the acceptance of homosexuality. now tell me that time couldn’t be better spent on math, science, or reading?? We have people graduating from highschool that can’t read at a sixth grade level!! No wonder we have to import engineers!! Kind of hard to do calculus if you can’t read the stated problem!! Forget the PC crap and educate them in the subjects that are going to benefit the country and them!!

          • Kinetic1

            Joe,
            Little time is spent teaching social acceptance in our schools, but it’s funny you should mention this. Seems like I have read many complaints on this site about our school’s failure to teach morals and national pride like they did during the first half of the 20th century. My kids school has returned to teaching values like cooperation, community involvement and respect. Are you suggesting that that is a bad idea?

            Math, english and science are all important subjects, but look at what we have done in our quest to improve our kids’ education. No child left behind is so focused on testing that our kids are no longer learning critical thinking skills. It’s all about meeting test standards at any cost, and boy what a cost. Art and music have all but been removed from our grade schools, even though there is much evidence that learning to read music improves math comprehension by teaching abstract thinking. Art also engages the mind in ways that can improve critical thinking. Learning how to solve a math problem is great, but kids need to be able to asses a situation before they can apply the math they learned. The leading nations understand this.

          • http://?? Joe H.

            kinetic,
            Well look at what we’ve done to our childrens education in the last few years! we are steadily DROPPing in our world ranking in science, math and reading comprehension! At one time we were the highest educated nation in the world! now we are almost on level with certain African nations, where children are starving, involved in wars and non-industrialized!!

          • always right

            Bravo, peter robinson. spoken like a true leftist, homophilic, anti-American indoctrinator….err…”educator”. what makes people like you interesting is that you don’t bother to check facts. You just resort to dogmatic spew (you forgot “Haliburton” & “bush lied”, BTW). That’s why you’re leftists. Why don’t you do a little research on your own? The information is all out there. Start with reading Thomas Sowell several articles on the subject; well IF you know how to read anything other than Das Kapital and the autobiography of Elton John. If the rest of us can find it, I’ll just bet you can too, unless you are, in fact, an “educator” (READ:”indoctrinator”). then you have no capability of finding nor recognizing reality.

        • Kinetic1

          richard,
          Do you have any kids in public school? If you did then you would know that “no child left behind” has turned our schools into test factories. Our children are no longer being taught critical thinking, but are forced to learn little more than how to pass federally mandated tests. Of course it’s been a real economic boon to the companies that produce the tests.

  • soldier

    I wish all the people out there who have given up looking for work, would simply do the minimum required to be considered to be “looking for work” so we can get the unemployment up to what it actually is – 17% or so. Of course, I am sure they would just lie the figures in another way to keep it below 10% or whatever the magic number is. In some ways I wish the collapse would just hurry up come. At least then, everyone would be awake and there would be not as much deception and tom foolery.

    • Dan az

      The real U.S. unemployment rate may be 22.1 percent for February, not the 8.9 percent reported by the government, according to economist John Williams, author of the “Shadow Government Statistics” website, who has argued for years that the federal government manipulates the reporting of economic data for political purposes.

      The government announced today the unemployment rate was reported to have fallen 0.1 percent to 8.9 percent in February, although that is the “seasonally adjusted number.”

      According to Bureau of Labor Statistics Table A15, the “not seasonally adjusted” unemployment number for February was 9.5 percent.

      Read more: Yikes! You won’t believe the real jobless numbers http://www.wnd.com/?pageId=270957#ixzz1IaIlHqOH

  • John Joshua Sweet

    Gallop poles put the rate higher than 10% which is also not correct the rate is much higher and does not include the population that has just stopped looking.

  • Tim

    Take a look at how the figures are compiled. Not encouraging. The other market indicators really don’t give weight to this situation.

  • Bitter Libertarian

    First off the reality is that the Unemployment rate is actually around 18-20%. The Labor board cannot count those who have given up and fallen off benefits. So the number is accurate “from them.”

    If Jobs did increas by the numbers stated..thats fine, and while some will rally around that number as a sign of recovery, its drop in the bucket.

    The number of Jobs needed each month to bring the US out of this recession is much closer to 500,000 a month.

    WHY: To employ those entering the job market nearly 120,000 a month is needed
    To recouperate those JOBS LOST over the past 4 years nearly 275,000 a month is needed in new replacement business. (This type of Growth doesnt mach the numbers stated, so these are re-hires..NOT NEW JOBS. You neeed to see what NEW BUSINESSES are poping up and you’ll notice that its below dismal…its nearly negative!)

    Then you need to figure on the reality that neary 40 Million people are unemployed or UNDERemployed and ON FOOD STAMPS (granted not all are adults) those losses & cutbacks are not figured into the equation either.

    Then there are the months that you need to “MAKE UP FOR the MONTHS THAT HAD NO GROWTH! that number is very real and upwards around 100-150,000 jobs a month.

    Guess what..216,000 sounds good…but its a failure considering what each of those jobs cost us…take the “Stimulus” and divide it into each job created by “Stimulus” and you are looking at a figures somewhere in the realm of $275,000/ job! Dont take my word..do RESEARCH and then DO the MATH…its a FUGGING MESS wallowing in MUD!

  • Raggs

    The labor department is a far left organization they simply make this crap up in an attempt to make their king obaba look good.

  • http://www.digitalundivide.com Tim Bowden

    It is good news that the unemployment rate fell to 8.8 percent but the country is not producing enough jobs because too many manufacturing companies left the country. Most consumer goods are now produced overseas. Millions of job seekers can’t find work because of current economic model of manufacturing the goods in other countries. But despite all the bad news some sites are announcing jobs. One such site is: http://www.digitalundivide.com/youtube-search-for-jobs-and-view-how-to-find-employment-video-clips

  • jopa

    The American auto industry is becoming another success story all over again with record sales and profits.I have owned both American and foreign cars and the best are Us made.The Japanese automakers never did put styling into their product and they were always just so plain Jane.Now that Detroit has the styling and quality America will once again be the king of the auto world.God Blessed America

    • Dan az

      Jopa
      your right but not here!
      GM Sets Sales Records in China
      April 4, 2011 6:33 a.m.
      SHANGHAI — General Motors Co. and its joint ventures in China set new domestic sales records for the month of March and the first quarter of the year, the company reports.

      GM sales in China during March totaled 233,014 units. This took first-quarter sales to 685,583 units, up 10% from the first quarter of 2010 and ahead of estimated industry sales growth.

      • Mike in MI

        Dan – WOW!

        OBAMA MOTORS, LTD. – CHINA

        Really got that stlylish “ring” to it, don’t it? And our kingy will be able to fuel them with the proceeds from his joint venture with Soros/PetroBra.
        What a bunch of suckers we are,

        • Kinetic1

          For God sakes Mike, are you still clinging to those stories about Obama giving $2 Billion to Petrobras? Get on board, that was debunked looonnng ago.

          • Mike in MI

            By whom, Kinetic? Obama or Soros?
            Why is the ghetto conman down in Brazil touting his deal with the commies when he denied and denies the same ability to our own oil industry? ‘Cause he’s a con and you fell for it. The gutter becomes you.

    • http://yahoo richard

      i guess you didn’t hear ,the reason the american auto plants have had to shut down is because they can’t get the parts from japan because of the tsunumia

  • Dad

    The tax breaks worked… time to change the rest of the Obama and Democrats failed policies.

  • chuckb

    jopa, “the american auto industry is becoming another success story??”

    you better wake up and put out the you know what. the figures the government is throwing out about gm. is all hype, they are losing money, the gov. can’t get their money back, look a little deeper than abc news.

    • Mike in MI

      chuckb -
      Let’s see if I remember right:
      Government took ITS money (ours)…gave it to gm ….after they screwwed the prior shareholders out of everything…Obama dismissed the old CEO, put in his friend…brought them out of bankruptcy…got a pittance back (which promptly disappeared)…started building plants in Mexico and laying off more workers/salaried in U.S. …sold new stock (at two different prices)? What have I forgotten? Lots, I know.
      I guess this is how Obamacare will operate too?

  • 45caliber

    They don’t count people out of work. They count people who are still drawing unemployment. If they don’t draw because they ran out of it, the government “assumes” that they found work, now draw welfare, or retired early. Many may also take part time work – at several locations if they can find it.

    That is not what I would consider employed.

    • Mike in MI

      45caliber -
      Who ever tried to count all the (former) businesses and their owners who shut their doors? The owners never get counted as being eligible for unemployment – THEY aren’t employees are they?

  • Dan az

    Last week’s surprisingly sharp decline in the unemployment rate from 9.4% to 9% and equally surprising anemic job growth — 36,000 new jobs — left a lot of investors scratching their heads. How could the unemployment rate plummet so significantly while a such a trivial number of new jobs were created?

    If we simply extrapolate those numbers, we get some nonsensical results. If adding 36,000 jobs to the 139 million jobs in the U.S. economy lowers the unemployment rate by 0.4 percentage points, then adding just 720,000 jobs should lower the unemployment rate by 8 points — from 9% to only 1%.

    Yet the Bureau of Labor Statistics data shows that 812,000 jobs were added in the year from January 2010 to January 2011 (138,511,000 vs. 139,323,000). Based on the unemployment rate announced last week, we could expect that those 812,000 additional jobs would have lowered the unemployment rate to near-zero. But of course, we know they didn’t.

    See full article from DailyFinance: http://srph.it/fNxXV8

    • http://?? Joe H.

      Dan az,
      And they laugh about Reaganomics??? LOL!!

  • chuckb

    i’m sure the democrats and their accomplice the msm will have these phony employment statistics under 8% by election time next year. i said before hillary will run in 2012, the media is reporting her fans are asking her to run, the media is stirring the pot. it seems even the democrats (progressives) are concerned about barry, they should be more than concerned.

    • http://yahoo richard

      why worry about obumer he’s not the one in charge geo. soros tells him what to do and say

  • http://com i41

    The counting crap is ebonics of the muslim kenyian special kind. You have 4 wives and hourly wifes who really are whore wives. Just like long term unemployed, can not get any benefits or help, but are at job service centers tagged as just scanning. As for real numbers the local job service center managers have said unemployment keeps about the 53% range. Because most people who are hired for a week or a month, and it classified as full time job. Even if the work is for the short time period, if they can find any work. But they can not get benefits, because they haven’t worked for 3 quarters. So many never get counted and are taking anything just to make a few bucks. Don’t see any of the life long fat bastards willing to cut their pay or pay for their government bennies.Anything done by the governemnt including keeping tract of real facts, is a s–t load of lies, any time Onumnutts and his radical domestic terrorist claim is facts, is just more democrat soros sactioned b–l s–t.

  • Skeptic

    Those who think unemployment numbers are getting better are not looking for a job. My husband retired fall 2009 after 22 plus years of active duty in the Air Force. His resume reads like a dream! He has recommendation letters and references that are glowing. He still does NOT have a job. He applies for jobs every week. His applications range from management, to civil service, DOD, Costco, Home Depot, Warehouse jobs, etc. AGAIN still no job! Keep in mind that he is NOT on unemployment. Thus he is not counted as unemployed even though he is. We never dreamed that he would go this long without a job. To be fair he has not applied for a job under $12 an hour. As it simply would not make sense after taxes and transportation costs. Thankfully we have been smart, we are not in debt and I have a great job. But we certainly are not living the life we hoped to after his retirement. The unemployment rate simply FAILS to take into consideration people like us. I truly believe that our country is sadly on a downhill spiral to disaster. Most are like the frog that is put in room temperature water and allows to be boiled alive. It saddens me that the country I love so much and am so proud to be a citizen of has deteriated to such a state. I can only pray that those who continue to fool themselves into believing it is getting better wake up and smell the rot before it all turns to pure sewage. Sorry if I deviated off topic…

  • Rebecca

    This sums up a lot of things we have been talking about on this blog lately including the subject at hand. I like it..just sayin…

    Subj: NEW PREAMBLE TO THE CONSTITUTION

    NEW PREAMBLE TO THE CONSTITUTION

    The following has been attributed to State Representative Mitchell Kaye
    from GA. This guy should run for President..

    “We the sensible people of the United States, in an attempt to help
    everyone get along, restore some semblance of justice, avoid more
    riots, keep our nation safe, promote positive behavior, and secure the
    blessings of debt-free liberty to ourselves and our
    great-great-great-grandchildren, hereby try one more time to ordain and
    establish some common sense guidelines for the terminally whiny,guilt
    ridden, delusional. We hold these truths to be self evident: that a
    whole lot of people are confused by the Bill of Rights and are so dim
    they require a Bill of NON-Rights.”

    ARTICLE I: You do not have the right to a new car, big screen TV, or
    any other form of wealth. More power to you if you can legally acquire
    them, but no one is guaranteeing anything.

    ARTICLE II: You do not have the right to never be offended. This
    country is based on freedom, and that means freedom for everyone — not
    just you! You may leave the room, turn the channel, express a different
    opinion, etc; but the world is full of idiots, and probably always will
    be.

    ARTICLE III: You do not have the right to be free from harm. If
    you stick a screwdriver in your eye, learn to be more careful; do not
    expect the tool manufacturer to make you and all your relatives
    independently wealthy.

    ARTICLE IV: You do not have the right to free food and housing.
    Americans are the most charitable people to be found, and will gladly
    help anyone in need, but we are quickly growing weary of subsidizing
    generation after generation of professional couch potatoes who achieve
    nothing more than the creation of another generation of professional
    couch potatoes ..

    ARTICLE V: You do not have the right to free health care. That
    would be nice, but from the looks of public housing, we’re just not
    interested in public health care.

    ARTICLE VI: You do not have the right to physically harm other
    people. If you kidnap, rape, intentionally maim, or kill someone, don’t
    be surprised if the rest of us want to see you fry in the electric
    chair..

    ARTICLE VII: You do not have the right to the possessions of
    others. If you rob, cheat, or coerce away the goods or services of
    other citizens, don’t be surprised if the rest of us get together and
    lock you away in a place where you still won’t have the right to a big
    screen colorTV or a life of leisure.

    ARTICLE VIII: You do not have the right to a job. All of us sure
    want you to have a job, and will gladly help you along in hard times,
    but we expect you to take advantage of the opportunities of education
    and vocational training laid before you to make yourself
    useful.(AMEN!)

    ARTICLE IX: You do not have the right to happiness. Being an
    American means that you have the right to PURSUE happiness, which by
    the way, is a lot easier if you are unencumbered by an over abundance
    of idiotic laws created by those of you who were confused by the Bill
    of Rights.

    ARTICLE X: This is an English speaking country. We don’t care
    where you are from, English is our language. Learn it or go back to
    wherever you came from!

    ARTICLE XI: You do not have the right to change our country’s
    history or heritage.. This country was founded on the belief in
    one true God. And yet, you are given the freedom to believe in any
    religion, any faith, or no faith at all; with no fear of persecution.
    The phrase IN GOD WE TRUST is part of our heritage and history, and if
    you are uncomfortable with it, TOUGH!

    If you agree,share this with a friend. No, you don’t have to,
    and nothing tragic will befall you if you don’t. I just think it’s
    about time common sense is allowed to flourish. Sensible people of the
    United States speak out because if you do not, who will?

    • Skeptic

      AMEN!!!!

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