Archive for February 4th, 2011

04
Feb
11

the candidate

Interviewer: Carlos Watson.

Note the consistency of the message 😉

Thank you Eleanor.

04
Feb
11

center of attention

President Barack Obama holds a bilateral meeting with Prime Minister Stephen Harper of Canada in the Oval Office, Feb. 4, 2011. (Official White House Photo by Pete Souza)

04
Feb
11

hypocrisy, thy name is … chuck

The Young Turks

04
Feb
11

‘going back to the old ways is not going to work’

President Barack Obama speaks about Egypt during his joint news conference with Canada’s Prime Minister Stephen Harper in the Eisenhower Executive Office Building on the White House complex in Washington

The text of the President’s comments on Egypt

04
Feb
11

the message

A man holds a portrait of Egyptian president Hosni Mubarak reading ‘No You Can’t (copying Barack Obama’s famous ‘Yes We Can’) during a protest against Mubarak’s regime, following Friday prayers at the Beyazit square in Istanbul on February 4

Egyptian anti-government protesters gather at Cairo’s Tahrir Square on February 4 during ‘departure day’ demonstrations to force President Hosni Mubarak to quit

An anti-government protester, near Tahrir Square in Cairo February 4, celebrates after hearing a rumor that Egyptian President Hosni Mubarak will resign

04
Feb
11

9.0

WH: Today’s employment report shows that the unemployment rate fell sharply to 9.0 percent and private sector payrolls increased by 50,000 in January. Revisions to private sector payroll data show that 1.1 million jobs were added during 2010, the strongest private sector job growth since 2006. The 0.8 percentage point decline in the unemployment rate over the past two months is a welcome development; however, the rate remains unacceptably high.

More here

Reuters: Despite the conflicting signals in the Labor Department’s report on Friday, economists agreed a recovery in the labor market was proceeding apace if not gaining speed. Many investors also saw the data as a sign of strength …. a household survey, which is used to determine the jobless rate, showed nearly 600,000 more people reported they were employed.

That surge in employment pushed the unemployment rate to 9 percent from 9.4 percent in December. The rate has dropped 0.8 percentage point since November, the biggest two-month decline since 1958.

…Data on manufacturing and retail sales has suggested the economy’s strong momentum continued into the new year. Economists said January’s employment report, excluding the weather effect, was consistent with the economy growing above 3 percent.

“We see significant potential strength in this report and will be looking to see whether the drop in the unemployment rate persists,” said Michael Gapen, an economist a Barclays Capital in New York. “If it does, then it will be a further signal that underlying job growth is stronger than reported and conditions in labor markets are better than advertised by the establishment survey.”

Last month’s drop in the unemployment rate was encouraging because it reflected more people finding work, even after adjustments for updated population controls.

More here

04
Feb
11

west wing week: ‘enter the hub’ (february 4, 2011)

04
Feb
11

intelligence

President Barack Obama studies a document held by Director of National Intelligence James Clapper during the Presidential Daily Briefing in the Oval Office, Feb. 3, 2011. (Official White House Photo by Pete Souza)




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