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Moneywise

December jobs report drastically lower than expected

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  • David Centerville, UT
    Jan. 10, 2014 12:30 p.m.

    A couple of thoughts.

    First, this jobs number is so poor that it is hard to believe. I would look for an adjustment of some kind next month. The low number just doesn't come close to how the job market had been doing.

    Second, Americans should be outraged that unemployment benefits will be paid for with cuts that won't take effect for 10 years. That is crazy. Everyone knows it will never happen. So we are simply adding more to our debt.

    Spending has been out of control. Its hard to believe it is getting worse. Its time to clean house and send a group of Americans to DC that will cut spending and put us back on track.

  • Cats Somewhere in Time, UT
    Jan. 10, 2014 12:51 p.m.

    Gosh, I thought we were in a booming recovery. I know this must be true because I heard it from the White House.

    But, wait a minute. Let me think. If we're in a booming recovery, why do we need to extend EMERGENCY unemployment benefits?

    Maybe, in reality, we're in the worst and slowest "recovery" since the Great Depression. That can't be true because we're into five years of "Hope and Change."

    Boy, I'm really confused!

  • JoeBlow Far East USA, SC
    Jan. 10, 2014 1:19 p.m.

    So, I guess it is ok to lose 700,000 + jobs per month under a GOP president, but blast a dem if the positive job growth just isn't high enough. Classic

  • get her done Bountiful, UT
    Jan. 10, 2014 2:47 p.m.

    No mention that unemployment rate is in the 6% range. Seems a little one sided report.

  • samhill Salt Lake City, UT
    Jan. 10, 2014 4:15 p.m.

    "Unemployment dipped from 7 percent to 6.7 percent, but only because 347,000 adults left the workforce."

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    Love the comments by those who are trying so desperately to defend Obama's policies despite the dismal results.

    As the stats from the quote above show, the unemployment percentage, like so much else from this administration, is complete nonsense. The only salient fact is that we have a lower rate of employment ** participation** that has existed for over 35 years!

    The sorry state of our economy, especially with regards to employment, is something that would be trumpeted from every mainstream media outlet if the government were being run by anyone other than an administration that held the same type of Socialistic positions held by most of the left-leaning press.

    But, all these anti-capitalists only came into power because were put there by we, the people; and by the same process that we must use to remove them from their positions of influence. Our votes!