BREAKING: Second source confirms Reid's allegations Romney paid no taxes for 10 year

[Riot]

Originally Posted by geeker2

and why you ask is this the most important topic of the day?

unemployment rate rises to 8.3 percent

The actual unemployment rate only went from 8.20% to 8.25% - and number of jobs created exceeded expectations. All in the face of 100% Republican economic obstructionism in the House. If we only had real Republicans in the House, rather than the silly Tea Party caucus controlling Boehner, unemployment would be 6% by now.

But when your legislative goal is to "prevent Obama's re-election", obstructionism is all the GOP can do.

Jobs report beats forecasts with 163,000 jobs in July

By Tim Mullaney, USA TODAY
Updated 13m ago

The nation's unemployment rate ticked up from 8.2% to 8.3% as the economy added a surprising 163,000 jobs in July.

U.S. stock index futures rose after the report, and when stock markets opened an hour later, stocks rallied.

The number of payroll jobs beat forecasts that called for about 100,000 new jobs, according to economists surveyed by Bloomberg.

Overall, private employers added 172,000 jobs in July while governments cut 9,000, the Labor Department reported.

Employment rose in professional and business services, food services and drinking places and manufacturing, the government said.

Employment continues to recover slowly from a recession that pushed unemployment to 10% in October 2009.
Payrolls

The change in the unemployment rate was actually miniscule, says Maury Harris, chief U.S. economist for UBS. "It went from 8.2% to 8.25%, and they rounded up to 8.3%."