sorry repukes, us april payrolls rise 165K, and jobless rate falls to 7.5%, and this happened in

[still_one]

spite of them. It is a good report, and the previous report revised higher

Payrolls expanded by 165,000 workers last month following a revised 138,000 increase in March that was larger than first estimated, Labor Department figures showed today in Washington. The median forecast of 90 economists surveyed by Bloomberg projected a 140,000 gain. Revisions added a total of 114,000 jobs to the employment count in February and March.

http://www.bloomberg.com/news/2013-05-03/payrolls-in-u-s-rise-165-000-as-unemployment-drops-to-7-5-.html

All I can say to repukes in Congress is F U

[dkf]

1. That cuts into the sequester argument though.

[still_one]

2. True, it is not affecting the private sector as much. That does not mean people are not hurting

from it, they are, but it means that the repukes goal to destroy everything economically isn't working. However, the sequester related jobs may start getting affected somewhat, because it is starting to kick in, but hopefully, it won't affect the private sector, and the repukes love of war, will force them to negotiate on it since their beloved defense spending will be affect by the sequester

[BeyondGeography]

3. Until they say, "But the real unemployment rate is much higher."

Which is true, but not because of big gubmint.

[Cirque du So-What]

6. Yeah but

it may be argued that the upswing in employment would have been even more robust if not for sequester cuts. I'm sure RWers (and some here on DU ^^) will be making that argument ad nauseam until it runs out of steam.

[spanone]

9. gov't jobs DOWN 11,000 jobs

[spanone]

4. k&r..

[ProSense]

5. With charts:

U.S. job creation improves, unemployment rate drops

By Steve Benen



After the discouraging jobs report a month ago, many were eager to see the latest report from the Bureau of Labor Statistics this morning to see whether the jobs market would bounce back or continue to deteriorate.

For now, it looks like the former. The U.S. economy added 165,000 jobs in April, more than expected, and overall unemployment rate dropped to 7.5%, its lowest point in four-and-a-half years. As is usually the case, there was a gap between the two major sectors -- America's private sector added 176,000 jobs last month, while spending cuts caused the public sector lose 11,000 jobs...February, for example, was revised up from 268,000 jobs to 332,000, making it the single best month for job creation since 2005 (excluding temporary Census hiring). March was also revised up, from 88,000 to 138,000. In other words, as of this morning's report, the previous two months added an additional 114,000 jobs we didn't previously know about.

It's painful to think about, but all of the available evidence tells us something important: were it not for Congress and sequestration cuts, the nation's economic recovery would likely be quite strong right now. Were it not for the lawmakers Americans elect to represent our interests, and their ongoing efforts to take capital out the economy and slash public investments, job growth would probably be very robust.

<...>

Update: Here's another chart, this one showing monthly job losses/gains in just the private sector since the start of the Great Recession.



http://maddowblog.msnbc.com/_news/2013/05/03/18036568-us-job-creation-improves-unemployment-rate-drops

Krugman: Baltic Brouhaha
http://www.democraticunderground.com/10022780980

[ProSense]

7. "single best month for job creation since 2005"

February 2013

[Johnny2X2X]

8. Not all accurate

Didn't go from 88k to 114k. The previous 2 months were revised up by 114k total, thus MArch went from 88k to 138k and Feb went from 268k to 332k.

This is a fantastic jobs report!

[ProSense]

10. Yes, the OP needs to be edited.

Good stuff!

[still_one]

11. Done, thanks

http://www.bloomberg.com/news/2013-05-03/payrolls-in-u-s-rise-165-000-as-unemployment-drops-to-7-5-.html

[mnmoderatedem]

12. add to that

the fact that weekly jobs data indicates that layoffs have slowed considerably in recent weeks.

[nobodyspecial]

13. Amazing that this has happened with Congress doing everything

in its power to block it. Can you imagine where we would be if Obama's team could really carry out its agenda.
GO
Oh, and I'm waiting for the posts claiming that this growth just proves Obama is bad.

[L0oniX]

14. Bullshit ...there are so many many many people who have fallen off the jobs radar. 7.5% pfffft

[still_one]

17. It isn't bullshit. What you are talking about is a different stat.

[kelliekat44]

15. Just think what the numbers might look like if Obama had just a little support from the GOP. nt

[DCBob]

16. Dont believe it! Obama is just fudging the numbers to get re-elected!!