Can you think of a more positive way to spin unemployment rising to 9.7%?? (AP is pretty good at it)?

My favorite line was:





"The jobless rate rose to 9.9 percent as people streamed back into the market looking for work."





what???





http://news.yahoo.com/s/ap/20100507/ap_o鈥?/a>





WASHINGTON 鈥?More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as people streamed back into the market looking for work.





The hiring of 66,000 temporary government workers to conduct the census helped overall payroll growth last month. However, private employers 鈥?the backbone of the economy 鈥?boosted jobs, too. They added a surprisingly strong 231,000 positions last month, also the most since March 2006, the Labor Department reported Friday.





"Clearly companies have a newfound confidence in the future of the economic recovery and on the part of their own business prospects," said Joel Naroff, president of Naroff Economic Advisors. "The broadbased job gains are an indication that businesses are feeling more comfortable about expanding their work forces," he said.........................Friday's report sketched out a picture of a healing jobs market and an economy picking up momentum in the early spring. The improvements, however, were taking place before the stock market plunged this week on concerns that the European debt crisis could spread. There are fears the crisis could make companies more cautious about hiring in the future, economists warned.





All told, 15.3 million people were out of work in April.





Counting people who have given up looking for work and part-timers who would prefer to be working full time, the so-called underemployment rate rose to 17.1 in April. That's close to the record high of 17.4 percent in October and shows just how difficult it is for jobseekers to find work.





Another grim statistic: The number of people out of work six months or longer reached 6.7 million in April, a new high. These people made up 45.9 percent of all unemployed people, also a record high.|||That's pretty good.





It reminds me of 1984 when INGSOC lowers chocolate rations and actually issues a press release saying that the rations were increasing.





Liberal AP and all liberal media takes its cues from the 1984 playbook.|||LOL|||But shouldn't we be thankful for all Obama has done? LOL|||I wonder just how cluster faux tv is telling the story.|||Actually, it didn't rise to 9.7%. It rose from 9.7% in March to 9.9% today. Says so in your link.|||Along with a takeover of congress in 2006 by the dems the media helped damage this economy by their drumbeat of 'the economy is bad' under Bush, undermining consumer confidence. Now that 0bowma has created an unfriendly business climate the media is trying to undo what they did. I'd like to know how the number of people starting to look for a job again can be measured, I think they reach around their backside and pull this number out of the same orfice they pull the number of jobs 'saved'.





The broader numbers are not so easy to spin:


http://blogs.wsj.com/economics/2010/05/0鈥?/a>|||Yeah, just point at Greece and say "At least we aren't doing as bad as they are"|||Yeah. I saw this article too. The general public is not as observant as you. This is what the "spin" is hoping for. Our government does not create jobs.The private sector needs to get off their collective behinds and do what is necessary to move employment and this economy for forward. The small banks depends on the larger banks for the flow of credit. This has come to all but a complete stop. The TARP did nothing to stop this process. We don't have a clue where that money is and how many entities benefited. What we do know is that unemployment is still high and banks are getting paid twice throught TARP and the mortagages they are still collecting even though TARP bought off these "troubled assets."|||Sorry you don't understand economics of job creation.