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	<title>LNCC &#187; jobs report</title>
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		<title>Obama economy continues to crumble as factory orders drop, jobless claims rise</title>
		<link>http://www.lncc.org/obama-economy-continues-to-crumble-as-factory-orders-drop-jobless-claims-rise/</link>
		<comments>http://www.lncc.org/obama-economy-continues-to-crumble-as-factory-orders-drop-jobless-claims-rise/#comments</comments>
		<pubDate>Thu, 04 Oct 2012 18:05:25 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
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		<category><![CDATA[News]]></category>
		<category><![CDATA[factory orders]]></category>
		<category><![CDATA[jobless claims]]></category>
		<category><![CDATA[jobs report]]></category>
		<category><![CDATA[obama jobs]]></category>
		<category><![CDATA[obama recovery]]></category>

		<guid isPermaLink="false">http://www.lncc.org/?p=1684</guid>
		<description><![CDATA[&#8220;Orders placed with U.S. factories fell in August by the most in more than three years,&#8221; Bloomberg News reports.  And &#8220;(t)he number of Americans filing first-time claims for unemployment insurance payments rose last week&#8230;&#8221; The facts speak for themselves, as Americans find their economic fortunes getting worse under Obama. &#8220;The 5.2 percent decrease in bookings [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1685" src="http://www.lncc.org/wp-content/uploads/2012/10/Obamaconfused-300x192.jpg" alt="" width="300" height="192" />&#8220;Orders placed with U.S. factories fell in August by the most in more than three years,&#8221; <a href="http://www.bloomberg.com/news/2012-10-04/orders-to-u-s-factories-plunged-in-august-on-planes-computers.html">Bloomberg News reports</a>.  And &#8220;(t)he number of Americans filing first-time claims for unemployment insurance payments rose last week&#8230;&#8221;</p>
<p>The facts speak for themselves, as Americans find their economic fortunes getting worse under Obama.</p>
<p>&#8220;The 5.2 percent decrease in <a title="Get Quote" href="http://www.bloomberg.com/quote/TMNOCHNG:IND">bookings</a> was the biggest since January 2009 and followed a revised 2.6 percent increase in July, the Commerce Department said today in <a href="http://topics.bloomberg.com/washington/">Washington</a>&#8230;Demand for durable goods dropped 13.2 percent&#8230;&#8221;</p>
<p>&#8220;The drop in factory orders was paced by a 101.8 percent plunge in demand for commercial aircraft, the same as reported last week, and a 3.4 percent drop in computers and electrical equipment, today’s Commerce Department report showed.&#8221;</p>
<p>That&#8217;s not all, as the economy continues to crumble under Obama.</p>
<p>&#8220;Applications for <a title="Get Quote" href="http://www.bloomberg.com/quote/INJCJC:IND">jobless benefits</a> increased 4,000 to 367,000 in the week ended Sept. 29&#8230;&#8221;</p>
<p>Without significant change at our nation&#8217;s Capitol employers face a tidal wave of tax hikes on January 1, and an even bigger crush of regulations and tax hikes.</p>
<br /> 
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		<title>Root: Obama is &#8216;The Great Job Killer&#8217;</title>
		<link>http://www.lncc.org/root-obama-is-the-great-job-killer/</link>
		<comments>http://www.lncc.org/root-obama-is-the-great-job-killer/#comments</comments>
		<pubDate>Thu, 12 Jul 2012 17:53:53 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
				<category><![CDATA[Homepage]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[future jobs]]></category>
		<category><![CDATA[jobless rate]]></category>
		<category><![CDATA[jobs report]]></category>
		<category><![CDATA[obama economic plan]]></category>
		<category><![CDATA[obama economy]]></category>
		<category><![CDATA[obama jobs]]></category>
		<category><![CDATA[obama jobs created]]></category>
		<category><![CDATA[obama stimulus]]></category>
		<category><![CDATA[obama unemployment]]></category>
		<category><![CDATA[romney jobs]]></category>

		<guid isPermaLink="false">http://www.lncc.org/?p=1484</guid>
		<description><![CDATA[From LNCC Chairman Wayne Allyn Root&#8217;s &#8220;Root for America Blog&#8220;: Read this commentary and weep. Because I wrote it two years ago, almost to the day. I called Obama “the Great Jobs Killer.” It was published in my column in the Las Vegas Review Journal on July 4, 2010. See: http://www.lvrj.com/opinion/barack-obama–the-great-jobs-killer-97758294.html My commentary was quoted [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-944" src="http://www.lncc.org/wp-content/uploads/2011/12/obamaglare-300x180.jpg" alt="" width="300" height="180" />From LNCC Chairman Wayne Allyn Root&#8217;s &#8220;<a href="http://www.rootforamerica.com/webroot/blog/2012/07/11/obama-the-great-jobs-killer-2/">Root for America Blog</a>&#8220;:</p>
<blockquote><p>Read this commentary and weep. Because I wrote it two years ago, almost to the day. I called Obama “the Great Jobs Killer.” It was published in my column in the Las Vegas Review Journal on July 4, 2010. See: <a href="http://www.lvrj.com/opinion/barack-obama–the-great-jobs-killer-97758294.html">http://www.lvrj.com/opinion/barack-obama–the-great-jobs-killer-97758294.html</a></p>
<p>My commentary was quoted in Time magazine, and widely across the Internet. Yet as you read it again (below), look closely at the words. It could have been written today- after 4 consecutive months of disastrous jobs reports. Nothing has changed. Obama was a highly effective jobs killer back in 2010…just as he still is in 2012. Nothing happening to the economy today should come as a surprise. It was all clear on inauguration day 2009, as we installed a radical progressive in the White House who would spend, tax, and overwhelm the system with debt, stimulus, bailouts, and entitlements, bringing our economy to it’s knees. Perhaps someone should have listened.</p>
<p>None of this is a surprise to fiscal conservatives. We predicted it. We called it like Babe Ruth pointing to right field before hitting a home run to that exact spot. Maybe it’s time American voters listened to the people who got it all right.</p>
<p>Here is the column in it’s entirety from July 4, 2010:</p></blockquote>
<p><a href="http://www.theblaze.com/contributions/obama-the-great-jobs-killer/">Go here to read the full column.</a></p>
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		<title>War On Women: Number of women unable to find work reaches historic high</title>
		<link>http://www.lncc.org/war-on-women-number-of-women-unable-to-find-work-reaches-historic-high/</link>
		<comments>http://www.lncc.org/war-on-women-number-of-women-unable-to-find-work-reaches-historic-high/#comments</comments>
		<pubDate>Thu, 10 May 2012 16:17:48 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
				<category><![CDATA[Homepage]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[jobs report]]></category>
		<category><![CDATA[obama jobs]]></category>
		<category><![CDATA[obama jobs created]]></category>
		<category><![CDATA[romney jobs]]></category>
		<category><![CDATA[war on women]]></category>
		<category><![CDATA[women jobs]]></category>

		<guid isPermaLink="false">http://www.lncc.org/?p=1374</guid>
		<description><![CDATA[The Bureau of Labor Statistics finds 324,000 women left the nation’s civilian labor force in just eight weeks over March and April, and the number of women not in the labor force hit an all-time high of 53,321,000. &#8220;This year (in both January and April), only 57.6 percent of the women in the civilian noninstitutional [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1375" src="http://www.lncc.org/wp-content/uploads/2012/05/ObamaBrewer-300x220.jpg" alt="" width="300" height="220" />The <a href="http://cnsnews.com/sites/default/files/documents/NOT%20IN%20LABOR%20FORCE%20WOMEN-SEASONALLY%20ADJUSTED-BLS.xls">Bureau of Labor Statistics</a> finds 324,000 women left the nation’s civilian labor force in just eight weeks over March and April, and the number of women not in the labor force hit an all-time high of 53,321,000.</p>
<p>&#8220;This year (in both January and April), only 57.6 percent of the women in the civilian noninstitutional population were in the labor force. That is the <em>lowest rate</em> of labor force participation by American women since April 1993, according to <a href="http://cnsnews.com/sites/default/files/documents/LABOR%20FORCE%20PARTICIPATION%20RATE-WOMEN-SEASONALLY%20ADJUSTED-BLS.xls">historical data</a> maintained by BLS,&#8221; <a href="http://cnsnews.com/news/article/324000-women-dropped-out-labor-force-last-two-months-number-women-not-labor-force-hits">CNS News reports</a>.</p>
<p>&#8220;For both males and females combined, the rate of participation in the labor force dropped to 63.6 percent in April—the lowest rate since December 1981.</p>
<p>&#8220;Recently, however, women have been leaving the labor force in larger numbers than men.&#8221;</p>
<p>This war on working people started under a Republican and got worse under a Democrat.  Libertarians continue to be the only candidates with real, proven plans to create jobs again.</p>
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		<title>Jobelessness worsens as more Americans give up looking for work</title>
		<link>http://www.lncc.org/jobelessness-worsens-as-more-americans-give-up-looking-for-work/</link>
		<comments>http://www.lncc.org/jobelessness-worsens-as-more-americans-give-up-looking-for-work/#comments</comments>
		<pubDate>Fri, 04 May 2012 13:33:30 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
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		<category><![CDATA[News]]></category>
		<category><![CDATA[jobless rate]]></category>
		<category><![CDATA[jobless rate april]]></category>
		<category><![CDATA[jobs report]]></category>
		<category><![CDATA[obama jobs]]></category>
		<category><![CDATA[obama unemployment]]></category>
		<category><![CDATA[unemployment rate april]]></category>
		<category><![CDATA[unemployment rate april 2012]]></category>

		<guid isPermaLink="false">http://www.lncc.org/?p=1359</guid>
		<description><![CDATA[Democrats are hailing new government report showing unemployment has fallen to 8.1 percent in April. But the real numbers are sobering, and worrisome for millions of Americans. For one, in eleven of the last twelve months the initial unemployment figure has had to be &#8220;revised&#8221; to show it was higher than initially reported.  So, in [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1360" src="http://www.lncc.org/wp-content/uploads/2012/05/nothiring-300x125.jpg" alt="" width="300" height="125" />Democrats are hailing new government report showing <a href="http://money.cnn.com/2012/05/04/news/economy/jobs-report-unemployment/?hpt=hp_t3">unemployment has fallen to 8.1 percent in April</a>.</p>
<p>But the real numbers are sobering, and worrisome for millions of Americans.</p>
<p>For one, in eleven of the last twelve months the initial unemployment figure has had to be &#8220;revised&#8221; to show it was higher than initially reported.  So, in fact, the employment rate may actually have increased in April.</p>
<p>And second, the <a href="http://en.wikipedia.org/wiki/Unemployment">unemployment rate</a> is calculated as what percentage of the labor force do not have a job and are looking for one.  In April <a href="http://en.wikipedia.org/wiki/Labor_force">labor force participation</a> <a href="http://www.bloomberg.com/news/2012-05-04/payrolls-in-u-s-rose-115-000-in-april-jobless-rate-at-8-1-.html">plunged to 63.6 percent</a>, the worst it&#8217;s been since December 1981.</p>
<p>The reason the unemployment rate fell is because the number of Americans who have given up looking for a job growing.  It&#8217;s certainly not because enough jobs are being created.</p>
<p>Employers added 115,000 jobs last month.  <a href="http://www.bloomberg.com/news/2012-05-04/payrolls-in-u-s-rose-115-000-in-april-jobless-rate-at-8-1-.html">It&#8217;s the smallest increase in six months</a>.</p>
<p>Even The Washington Post&#8217;s reliably liberal <a href="https://twitter.com/?tw_e=screenname&amp;tw_i=198390342049988610&amp;tw_p=tweetembed#!/ezraklein/status/198390342049988610">Ezra Klein tweeted</a> &#8220;Unemployment rate down to 8.1%, but for the wrong reason: people dropping out of labor force.&#8221;</p>
<p>If labor force participation were the same as it were in March <a href="https://twitter.com/?tw_e=screenname&amp;tw_i=198391257448460289&amp;tw_p=tweetembed#!/JimPethokoukis/status/198391257448460289">the unemployment rate would have risen to 8.4 percent</a>.  Were it the same as when Obama took office, the unemployment rate would be over 10 percent.</p>
<p>Republicans gave us this unemployment crisis and Democrats have made it worse.</p>
<p>Isn&#8217;t it time we tried policies proven to create jobs?</p>
<p>Cut taxes on investment, cut taxes for working Americans, get rid of regulations that kill jobs including those put into place by politically-connected corporations to kill their competition, hurting workers and consumers in the process.</p>
<p>Only one party is founded on those principles, and is proven to put them into place wherever they have been elected.</p>
<p>Let&#8217;s get the economy growing again. Next time, vote Libertarian.</p>
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