U.S. unemployment figures were released today. The jobless rate didn’t move: 8.3 percent. Economy watchers on Twitter weighed in swiftly. Here’s a sample:
Encouraging some jobs are being created, but unemployment remains far too high http://t.co/5d4y7A2n
— Speaker John Boehner (@SpeakerBoehner) March 9, 2012
February jobless rate for whites dropped to 7.3% (down 0.1), but black unemployment rose to 14.1% (up 0.5). Hispanic at 10.7% (up 0.2)
— Sudeep Reddy (@Reddy) March 9, 2012
Why Didn't Unemployment Rate Drop? http://t.co/NSU2FjV7
— Real Time Economics (@WSJecon) March 9, 2012
The Part-Time Economy (Redux) http://t.co/zQPgCbMD
— zerohedge (@zerohedge) March 9, 2012
Although unemployment is unchanged @8.3%, Obama will still say it's good news…I SAY: wasn't stimulus going to keep unemployment below 8%?
— Joyce Pemsley (@pecansdownsouth) March 9, 2012
10.8%: the unemployment rate if labor force participation was the same as when Obama took office
— James Pethokoukis (@JimPethokoukis) March 9, 2012
And even if you factor out aging issue and normal cyclical LFP decline, jobless rate is 9.6%, via the CBO
— James Pethokoukis (@JimPethokoukis) March 9, 2012
8.3% unemployment extends longest streak of 8.0%+ unemployment rate since Great Depression
— James Pethokoukis (@JimPethokoukis) March 9, 2012
Why a rising unemployment rate could mean a real recovery: http://t.co/PKa5FYlW
— Ezra Klein (@ezraklein) March 9, 2012
Everyone's looking at the unemployment numbers like the guys on Apollo 13 looked at the CO2 reading. Just breathe normal.
— Nick Morgan (@NickBMorgan) March 9, 2012
Read more: http://twitchy.com/2012/03/09/10-tweets-unemployment-numbers/
