There are about 12.5 million unemployed people in the country - and our nation's unemployment metrics don't provide Gov. Mitt Romney with the fodder he needs to beat on the head of President Obama. That won't stop him from trying to do so ... but, any possible movement in the unemployment numbers should be a good thing, shouldn't it?
dropped in August 2012 to 14.1%. This compares to previous months:
- Jun 2012 - 14.4%
- Mar 2012 - 14.0%
- Feb 2012 - 14.1%
- Jan 2012 - 13.6%
- Dec 2011 - 15.7%
- Nov 2011 - 15.5%
- Sep 2011 - 16.0%
- Aug 2011 - 16.7%
The Labor Department said private companies accounted for virtually the entire 96,000 increase in jobs last month. Employment levels stayed about the same for government jobs last month. Since the beginning of this year, employment growth has averaged 139,000 per month, compared with an average gain of 153,000 in 2011.
Employment increased 28,000 in the food services and drinking places category; while another 27,000 new jobs were created in the professional and technical services.
The health-care and wholesale-trade industries also added 17,000 jobs in August.
What is your opinion of the unemployment data that was released today?