President Obama gave the keynote address to conclude the Democrat convention last night and there are several less than stellar reviews. How do you think the President did? Additionally, did former President Clinton overshadow the current President with his own 52 minute speech the night before?

Much was made about the “facts” spoken of by several speeches at the Republican convention. Several of President Obama’s comments have also come under scrutiny for their lack of accuracy.

Unemployment continues to be bleak as the number of new jobs added in the latest jobs report failed to keep up with population growth again and people continue to leave the workforce in droves, artificially driving the unemployment rate slightly down (which means it might be a good time to consult these two charts again). The AP reports:

U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention.

The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. The government only counts people as unemployed if they are actively searching.

Comments

  • Anonymous

    Based on the post-convention bump I’d say he did pretty good. The liberals were foaming at the mouth over Bill Clinton’s speech and Obama’s speech. They definitely have the momentum. Not looking good for Mittens.

  • marshport

    Let’s see, 96,000 new jobs and 368,000 leaving the workforce. That’s almost 4 people giving up looking for work for every person who found work. Must be the attractiveness of the benefits for not working. Surely they can’t all be retiring or suddenly discovering they’re disabled.

  • Raúl Ramírez

    And the Obama Adminstration just keeps on spinning with this oxymoron of a statement: “The White House says that the August jobs report shows that the nation
    is continuing to recover, despite more Americans giving up their job
    search.” So we are recovering when people quit looking for work. If that’s what the President is going for, it is very sad.

    http://washington.cbslocal.com/2012/09/07/white-house-important-not-to-read-too-much-into-one-monthly-jobs-report/

  • Steve M.

    I have to say … I think conservatives have done a good job of teaching people about some more in depth numbers about unemployment. I think prior to 3-6 months ago, few people who don’t follow these numbers religiously had any idea how unemployment was calculated and just assumed that unemployment rate goes down = more people working. The GOP, Fox News and bloggers like you guys have busted that myth wide open.

    • https://twitter.com/#!/PD_Scott Scott A. Robinson, Editor

      It’s actually fairly typical. In times when the economy is very good, unemployment rates are usually overstated because more people enter or re-enter the workforce. Likewise, when the economy poor, like today, unemployment rates are usually overstated because people become discouraged and leave the workforce.

      • Steve M.

        I agree that it’s fairly typical … but I think prior to this particular era — it was largely ignored. Because it’s so pronounced (and so distortive) right now — the GOP is bringing it to light. Though that may hurt my particulary horse if you will, I think it’s a good thing for the average American to have a better understanding of.