{"id":4701,"date":"2011-12-02T16:16:56","date_gmt":"2011-12-02T23:16:56","guid":{"rendered":"http:\/\/capnbob.us\/blog\/2011\/12\/02\/welcome-to-obamanomics\/"},"modified":"2011-12-02T16:16:56","modified_gmt":"2011-12-02T23:16:56","slug":"welcome-to-obamanomics","status":"publish","type":"post","link":"http:\/\/capnbob.us\/blog\/2011\/12\/02\/welcome-to-obamanomics\/","title":{"rendered":"Welcome to Obamanomics"},"content":{"rendered":"<p>Today&#8217;s unemployment decrease is explained over at <a href=\"http:\/\/patriotpost.us\/edition\/2011\/12\/02\/digest\/\">The Patriot Post<\/a> (emphasis added):<\/p>\n<blockquote><p>November employment numbers are out today and they bring mixed news. Bloomberg reports, &#8220;The jobless rate declined to 8.6 percent, the lowest since March 2009, from 9 percent, Labor Department figures showed today in Washington. Payrolls climbed 120,000, with more than half the hiring coming from retailers and temporary help agencies, after a revised 100,000 rise in October.&#8221; Seems like good news. Unfortunately, part of the reason is that <strong>315,000 Americans left the workforce altogether<\/strong>. Another part is that <strong>retailers have hired seasonal help<\/strong>.<\/p>\n<p>Bloomberg also notes, &#8220;The so-called underemployment rate &#8212; which includes part- time workers who&#8217;d prefer a full-time position and people who want work but have given up looking &#8212; decreased to 15.6 percent from 16.2 percent.&#8221; Furthermore, &#8220;The jobless rate has exceeded 8 percent since February 2009, <strong>the longest stretch of such levels of unemployment since monthly records began in 1948<\/strong>.&#8221; This long after the recession supposedly ended, things should be looking much brighter than this. <strong>Welcome to Obamanomics<\/strong>.<\/p><\/blockquote>\n<p><img src='http:\/\/capnbob.us\/blog\/wp-content\/uploads\/2011\/12\/mini-tree.jpg' alt='mini-tree.jpg' width='550' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s unemployment decrease is explained over at The Patriot Post (emphasis added): November employment numbers are out today and they bring mixed news. Bloomberg reports, &#8220;The&#46;&#46;&#46;<\/p>\n","protected":false},"author":190,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,25],"tags":[],"class_list":["post-4701","post","type-post","status-publish","format-standard","hentry","category-beltway-kabuki","category-whacko-politics"],"_links":{"self":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/posts\/4701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/users\/190"}],"replies":[{"embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/comments?post=4701"}],"version-history":[{"count":0,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/posts\/4701\/revisions"}],"wp:attachment":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/media?parent=4701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/categories?post=4701"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/tags?post=4701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}