BHO brand of communism is little different. It has promised jobs but failed to deliver.

This is the same leader who told us that unemployment would never go above 8% on his watch. In fact, it has never been below 8% since the President's costly stimulus package went into effect. And the stimulus package itself is one of the reasons why.

On Friday, the President wasted no time informing the country that unemployment rates had dropped from 9.8 to 9.4%. That sounds pretty good, until you dig into the underlying numbers. Then it sounds dire.

Despite expectations that the U.S. would add 170,000 new jobs, only 100,000 were added in December. And yet the unemployment rate fell by .4%, a feat that would normally require the addition of up to 750,000 new jobs. How could the rate fall so dramatically with job gains of only 100,000?

Normally, an increase of 100,000 jobs would not even absorb the number of new entrants (new graduates, immigrants, and those returning to the work force) to the labor market. But we're told that 100,000 jobs have lowered the unemployment rate by .4%. It sounds like someone at the Department of Labor is cooking the books (something I've suspected at times but never been able to prove). Actually, there is a very logical explanation for this anomaly.

How can 100,000 new jobs drop the rate by .4% when it would normally take an increase of 750,000 jobs to do so? Simple: 650,000 people stopped looking for work. Maybe that was because they preferred to stay home collecting the unemployment checks that the lame-duck Democratic Congress so generously extended. Or maybe they just gave up and stopped looking. Either way, it's nothing for the President to brag about.

Conservatives need to focus like a proverbial laser on Obama's failure to create  jobs, and they need to articulate the reasons for that failure. Those reasons are not hard to identify: new regulation, taxes, an activist Justice Department, and a general tone of hostility toward business. Even discounting his many other failures and liabilities, the jobs record alone should be enough to deny Obama a second term.

http://www.americanthinker.com/2011/01/good_news_american_workers_are.html

OCCURDING TO BLS, THE NEW REPORT WILL BE OUT END OF JAN.
Regional and State Employment and Unemployment: December 2010 is scheduled to be issued on Tuesday, January 25, at 10:00 A.M. Eastern Time

http://www.bls.gov/lau/

See NOVEMBER UNEMPLOYMENT:
http://henrypatrick1736.blogspot.com/2010/12/unemployment-rate-2010.html

See end of 99weeks article on unemployment compensation:
http://henrypatrick1736.blogspot.com/2010/12/99-weeks-are-up-and-gov-extention-will.html