Forward! 7.8% unemployment rate is the same as when Obama took office

This looks familiar … vaguely familiar.

The unemployment rate was 7.8 percent when President Savior took the reins from George W. Bush in 2009. Obama even promised that failing to improve the economy would make him a one-term president.

Well, this is what economic progress looks like: The December labor numbers are out and the unemployment rate is … wait for  it … 7.8 percent as the president prepares for his second inauguration.

Second verse, same as the first.

And if there’s anything the Obama administration knows about, it’s Biden’s favorite three-letter word: J-O-B-S.

As always, Jim Pethokoukis breaks down the U.S. Bureau of Labor Statistics numbers:

But let’s compare apples to apples.

Sheesh. Can’t we just mint a trillion new jobs or something?


More analysis from Jim Pethokoukis here:

And for the record, BLS was pretty darn close to rounding that unemployment number up to 7.9 percent.

  • BeyondPolls

    It’s the social issues stupid.

  • Fire and Adjust!

    On the brighter side of things, golf course greens keepers have had more job security for the past four years than at any other time in history and Hawaiian resort staff have been able to work a full 29 hours and 59 minutes each week for the past two weeks…………

    • journogal

      Think about the busiest person in the world – the White House travel planner. Hope he or she got a holiday bonus for working overtime these past four years.

  • lainer51

    Mele Kalikimaka

    • Emily B

      Darn! You stole mine! ;0)

      • lainer51


  • Thunderdome

    I heard it was all Bush’s fault, it was worse than they thought, it was the Eurozone, draught, hurricane Sandy, etc.

    • GaryTheBrave

      Plus tsunami, global warming, global climate change, a YouTube video …

    • Tantalus XVI

      ATM’s bibles, Chick-fil-a, dollar menu

  • Joe W.

    But hey!!! We’re all gettin’ free phones and condoms….so there’s that…

  • Joseph Phillips

    Boy, oh boy, I can hardly wait to watch Barry hold his head up high and claim victory. I’ve never seen a more arrogant politician.

    • John Giovanni Bellomo

      I look forward to him doing jail time for Benghazi!

    • John Giovanni Bellomo

      I look forward to him doing jail time for Benghazi!

  • PennyRobinsonFanClub

    Oh, praise the Lord! He’s kept the unemployment from getting worse!

    • bballron43

      Its going to get worse. He has no clue how to stimulate the economy. Even Geitner is quitting. More stimulous????? NO LOWER TAXES stimulates economy, get rid of the deranged govt workers.

  • Michelle

    Liberals feelings on a 7.8% unemployment rate with Bush in office: He’s evil! He’s awful! He’s destroying this country! He MUST go! Worst President EVER!

    Liberals feelings on a 7.8% unemployment rate (4 yrs later) with Obama in office: Yeah! He’s fantastic! Doing a GREAT job! He’s amazing! All Hail King Obama!

    • GaryTheBrave

      Let me play devil’s advocate (literally). When BOOOOOSH was in office the UE was on its way UP. Now its on its way DOWN.

      • RightThinking1

        Well, the devil IS in the details. But let’s put aside all of the intricate adjustments, statistics, and massaged data and just look at raw, common-sense numbers. The population of the U.S. at the end of 2008 was 305,785,716, the number of employed was 136,288,000. Currently, the population is at 315,109,681 (UP, by 9.3 million people), the number of people working is 134,822,000. It is difficult to make things plainer than that. Population is UP, with fewer people working now than the end of 2008.
        One would think that an unbiased media would point these things out…, oh, wait….

        • GaryTheBrave

          All too often people will use percentages rather than real numbers to hide their intent, like when they lambasted Romney for paying only 14% in 2011. The actual amount would have paid my salary for more years than I’ll live.

          Thank you for researching the real numbers. Unfortunately that makes you overqualified to be a journalist.

    • bballron43

      Just wait till the end of Jan numbers when the xmas help is laid off

  • Sebastian Kelly

    It’s a lateral kind of “Forward.” Rather like an airplane that uses the highway to get from A to B. Sure, the wings get torn off and the fuselage is bashed up but you’re still moving “Forward!”

  • ZoriahShepard


  • JoeMusgo

    If Obama can just get the labor force participation rate down low enough, we’ll be at full employment! Then? Unemployment benefits for everybody!

  • kayakingfatso

    Even on opposite day this is bad.

  • LJB57

    Obama wants 25%+ unemployment, he knows it’s easier to buy votes for the democrats from the unemployed…oh yes, he does indeed.
    That’s one evil bastard you have sitting in the White House,
    and he was put there by the scum that traditionally Hate America, while they feed off of it .They’re pecker-heads (good for nothing socialists) and the so-called blue states are full of them.

  • Daisy76

    “The economy is about to take off…” That’s what Obama said about a month ago.

    • lainer51

      I think he meant to say “My plane to Hawaii is about to take off”…..

  • RightThinking1

    It is “The same..”, only if you do not consider the labor participation rate. Consider this from the Bureau of Labor Statistics:

    The really great news is that if we can get *everyone* to stop working, then unemployment (using the U-3, as Obama does) will drop to zero.

  • Aloha Omegle

    There are also those like myself who lost their job a long time ago and no longer get unemployment and who are working for a fraction of what we use to make. I myself had to get a job making $40,000 less than I did 2 years ago.

  • salvagesalvage

    And that unemployment rate when he was elected President was totally Obama’s fault!

  • lainer51

    Forward???” Don’t make me laugh!!!