After 56 straight months of job growth, during which 10.6 million jobs were created in the private sector, the disastrous job-killing policies of President Obama have finally taken their toll. Amid expectations that the U.S. economy would add 230,000 jobs in November, the Bureau of Labor Statistics delivered the bad news Friday morning:
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent, the U.S. Bureau of Labor Statistics reported today.
For those of you keeping score at home, that's 6,420 Keystone XL Pipelines.
In particular, job-killing Obamacare doesn't seem to have killed all that many jobs in November. While the sharpest gains were in the professional and business services sector with 57,000 jobs added, and in the retail sector, with 50,000 jobs added, health care job growth was hot on their heels:
Health care added 29,000 jobs over the month. Employment continued to trend up in offices of physicians (+7,000), home health care services (+5,000), outpatient care
centers (+4,000), and hospitals (+4,000). Over the past 12 months, employment in health care has increased by 261,000.
...Financial activities added 20,000 jobs in November, with half of the gain in insurance carriers and related activities. Over the past year, insurance has contributed 70,000 jobs to the overall employment gain of 114,000 in financial activities.
The latest jobs report also revised job gains for September and October up, by +44,000 jobs.
Speaker of the House John Boehner called the jobs report "welcome news," but still slammed President Obama:
The president’s response has been more of the same: the same massive regulations, the same rising premiums, and the same uncertainty for manufacturers and small businesses. The House has continued to put the people’s priorities first, passing two more bills this week to help families and make it easier for businesses to hire. The new year and the new American Congress will bring the opportunity to make a real difference in the lives of working families, and we’re eager to get to work.”
Yes, we're all familiar with Boehner's idea of a jobs bill. This ain't one of them. Neither is this, a deal to extend certain tax breaks until the end of December. The White House issued a veto threat over a deal that would have made some of these tax breaks permanent because it favored wealthy corporate interests too heavily over working families.
In his remarks announcing the nomination of Ashton Carter as Secretary of Defense, President Obama briefly addressed the jobs report, calling on Congress to keep the government open, and to support policies that keep things going. He also continued to gradually wean himself off of the need to apologize for not having worked miracles more quickly:
"We have an opportunity to keep up this progress if Congress is willing to keep our government open, avoid self-inflicted wounds, and work together to invest in the things that help with high-paying jobs. Exports, infrastructure, streamlining the tax code, immigration reform, giving minimum-wage workers a raise."
Good luck with that.
White House notes: On Monday, President Obama will tape an interview for The Colbert Report at George Washington University, and if you missed Colbert's announcement last night, Josh Earnest did a fair approximation of the joke at Friday's White House briefing.
Also on Monday, Great Britain's Prince William will visit the White House. On Tuesday, the President travels to Nashville, Tennessee to deliver remarks on immigration, and Wednesday, he'll host the White House Summit on Early Education. The President and First Lady will also participate in a Toys for Tots event at Joint Base Anacostia–Bolling on Wednesday. On Thursday and Friday, the President will attend meetings at the White House.