January unemployment rate drops to 9....

January unemployment rate drops to 9.7 percent

There are 6 comments on the Pasadena Star-News story from Feb 5, 2010, titled January unemployment rate drops to 9.7 percent. In it, Pasadena Star-News reports that:

The outlook for jobs became a bit less bleak with January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.

Join the discussion below, or Read more at Pasadena Star-News.

horrible economy


#1 Feb 5, 2010
This is a highly convoluted article by the Associated Press. The author sounds like a used car salesman who wants to avoid telling you that this car is a lemon.
It's like he's saying, "If you just ignore the bad tires, the coughing engine, the rattling belts, and the leaking oil, it's still a decent car."
The Obama Administration and the Labor Department are using smoke and mirrors to cover up how bad the economy is.
They initially believed that only 7.2 million people had lost jobs since December 2007.
Now, they say they were wrong---the number is actually 8.4 million.
How on earth did the Labor Department "not notice" the 1.2 million additional jobs that were lost ?
Speed Kills

Los Angeles, CA

#2 Feb 5, 2010
The unemployment rate dropped to 9.7%, looks like somebody got off their lazy a$$ got to work.

"Give a man a fish and he will eat for a day. Teach a man to fish and he will sit his lazy a$$ in a boat all day drinking beer."

Walnut, CA

#3 Feb 5, 2010
This is a big smack to the face for those who criticize the spending and the ARRA. I rest my case.

Since: Jan 09

Whittier, CA

#4 Feb 5, 2010
Why not do the obvious? Cut Capital gains and corporate taxes . Let the rich get richer so they CAN hire .

Drill here and drill now.

Riverside, CA

#5 Feb 5, 2010
High school counselors should tell students that it’s incredibly stupid to borrow money to go to college to prepare for jobs that have been shipped to Bangladesh. The only growth industry now is collection agencies going after student loan debt. My property taxes are a disaster so I’m glad more colossal budget cuts are coming to UCLA.

Walnut, CA

#6 Feb 7, 2010
Pokerbum wrote:
Why not do the obvious? Cut Capital gains and corporate taxes . Let the rich get richer so they CAN hire .
Drill here and drill now.
Seeing that outrage about Wall Street do you think you really want to do that?

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