171,000 JOBS-7.9%

[DemocratSinceBirth]

GOOOOOOOOOOOODDDDDDDDDDDDDDD

[RedSpartan]

1. Very nice.

[qanda]

2. Yay!

[panAmerican]

3. Good trend!

[qanda]

4. Grover Norquist already on CNN poo-pooing it

[Jeff In Milwaukee]

9. But first he poo-pooed somewhere else

I think I heard heads exploding over at Fox News.

[tarheelsunc]

5. So... unemployment ROSE?

That's quite surprising and definitely not very good given it was expected to fall even more.

[RedSpartan]

6. Maybe more people entering the job market?

Which I would take as a good sign.

[DemocratSinceBirth]

11. Exactly. The Jobs Report Was Something That Could Have Gone Wrong But Didn't

[Faith9326]

12. That's exactly what happened

[Drunken Irishman]

17. Most predicted it would tick up.

[BlueDemKev]

21. Just watch the Rethugs jump all over this...

...When unemployment rate falls, it's "only because people left the job market". When it rises, it's "OBAMA's FAULT!"

[Faith9326]

10. The unemployment rate doesn't really matter though

It's about the job numbers.

[Tutonic]

14. No, incorrect. It will tick up slightly when people

feel confident about the prospect of a job and reenter the market. Look at the number of jobs created (171,000+) to determine what is happening. The job market is rebounding big. IF this number had been 50,000 or 75,000, and the unemployment rate had gone to 7.7, it would indicate that the economy was stalling and people were discouraged from looking and driving the rate down. Look for the number to go down over time--but the big take away is the number of new jobs.

[tarheelsunc]

16. That's a good explanation, maybe I rushed to judgment about this

But how will the media spin this? "unemployment number slightly rises", or "large job gains"? I think that's what will affect the impact of this release the most.

[mgcgulfcoast]

7. sounds great.

[Johnny2X2X]

8. Great report!

Wish the rate would have went down a tenth or stayed the same, but 171,000 jobs is great!

Thought this wasn't going to be released until 9:30?

[DemocratSinceBirth]

15. Grading On A Scale I Give The 7.9 A 5 And The 171,000 Jobs A 7

For an average of 6. That is a small net positive. What if unemployment ticked back up to 8.0%?


Symbolically, that's a high number. And a actually high number too...

[Blueprogress]

13. Great!

[WI_DEM]

18. The key number is 179,000 jobs!

[WI_DEM]

19. Isn't 171,000 the best # of jobs created in a month is some time?

[JiminyJominy]

20. The Internals

of the report are GOOD.

Unfortunately though the 7.9 is whats gonna get played and its gona get played as an uptick.

Good thing is though its a Friday, and most people are "electioned out" and may not notice.

[NCLefty]

22. Whew.

That's great.