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Reuters: Nov Payrolls Up, Jobless Steady

What passes for news from the relentless propagandists at Reuters:

Payrolls seen up in November and jobless rate steady

By Lucia Mutikani – Fri Dec 3, 2010 12:15 am ET

WASHINGTON (Reuters) – The U.S. economy probably recorded a second month of solid job gains in November, which would bolster views the labor market is improving even though the activity is not enough yet to lower the unemployment rate.

And Reuters are "probably" shameless and tireless propagandists for the Obama administration.

Nonfarm payrolls likely rose 140,000, with private hiring increasing by more than 100,000 for a fifth straight month in November, according to a Reuters survey. The unemployment rate is forecast to have held steady at 9.6 percent.

Economists said there was a chance payrolls could surprise on the upside, citing a resurgence in retail hiring after a two-year slump

The Labor Department will release its closely watched monthly report on jobs at 8:30 a.m. ET.

"There is a lot of optimism that the economy is on the rebound and definitely has turned around," said Barbara Byrne Denham, chief economist of Eastern Consolidated in New York.

Again, these are the selfsame economists that Reuters has been citing for years, who have always erred on the side of optimism under Obama. And who have never been right yet.

A second month of strong employment gains coming on the heels of reports indicating a pick-up in demand could shore up perceptions the economy’s recovery from the worst recession since the 1930s is becoming self-sustaining

Why the constant and desperate lies? What exactly is the point of such a ‘news’ article, besides trying to influence the markets? Are the media and their Democrat masters worried about the 2012 elections already?

Are they finally discovering that it’s a lot harder to talk the economy into a recovery than it is to talk it into a recession?

This article was posted by Steve on Friday, December 3rd, 2010. Comments are currently closed.

5 Responses to “Reuters: Nov Payrolls Up, Jobless Steady”

  1. Right of the People says:

    The headline is wrong.

    Is: Payrolls seen up in November and jobless rate steady.

    Should be: Payrolls seen up in November and jobless rate steadily getting worse.

    There, fixed it for you.

  2. Liberals Demise says:

    They (gubbamint) missed its’ numbers by a mere 100,000 in new jobs created.
    Supposedly, 145,000 jobs were created. But real figures show that in a nation of 15 million unemployed (now), 45,000 were actually created (per ABC News) for November.

    The blame game is on its way instead of real concern for America’s woes.
    Expect nothing less!

  3. Chinnubie says:

    I went on an interview and got a job at a place called Behlman GMC Buick selling cars. I’m wondering if there is a real need there or is the government telling them they have to hire x-amount of people to keep their business? GM is owned by the government right? When I was on the 1st interview I asked about Pontiac and the guy said,”The government told us we had to get rid of Pontiac.” I remembered that GM had done that but I thought it was peculiar the way he said that, not upper-management sent down a memo that the company is going to discontinue the line but, the Gov. told us. I’m thinking shouldn’t we all just get an average salary for car salesmen as opposed to the commissions of how many cars you sell, they are in all intent & purposes the Federal Government. It’s plainly NOT FAIR that one person be paid more money than someone else doing the same job, regardless of how many cars you sell, right? That’s the way the liberals want everything, right? Equality & Fairness!!

  4. bobdog says:

    AP had a story posted at around 8:00 AM on Friday almost the same “happy days are here again” copy, quoting the same unnamed “economists” as sources, about how things were really looking up and how our long national nightmare was almost over.

    By 8:30, AP took the story down and replaced it with the actual numbers that were announced, with the usual “unexpected” and “disappointing” adjectives sprinkled on it.

    What Reuters, Bloomberg and AP do should not be confused with “news”. They do nothing of the sort.


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