rate http://www.mrc.org/taxonomy/term/146/all en Awful Unemployment Rate Left Out of More Than 3/4 of Job Stories http://www.mrc.org/articles/awful-unemployment-rate-left-out-more-34-job-stories <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>Unemployment became the top concern of Americans in September, according to Gallup. The Sept. 8-11 poll found that unemployment overtook "the economy" as <a href="http://www.gallup.com/poll/149453/Unemployment-Emerges-Important-Problem.aspx">"the most important problem facing this country today."</a><br /><br />It makes sense since the month began with a "dismal" unemployment report showing zero job growth last month and the unemployment rate stubbornly stuck at 9.1 percent.<br /></p><p><a href="http://www.mrc.org/articles/awful-unemployment-rate-left-out-more-34-job-stories" target="_blank">read more</a></p> Articles MRC Business Economy Government Labor Media back evening good infrastructure job jobs mentioned million network news obama people percent plan positive rate report sept Spending stories unemployment work Thu, 29 Sep 2011 17:11:00 +0000 admin 27499 at http://www.mrc.org 'Lousy:' June Jobs Rise Only 18,000, Unemployment Rate Up to 9.2% http://www.mrc.org/articles/lousy-june-jobs-rise-only-18000-unemployment-rate-92 <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>A senior political adviser to the Obama administration said on July 6 that in 2012, people won't be voting based on the unemployment rate, according to <a href="http://thehill.com/homenews/campaign/170309-plouffe-says-jobs-rate-not-key-in-2012">The Hill</a> newspaper.</p><p><a href="http://www.mrc.org/articles/lousy-june-jobs-rise-only-18000-unemployment-rate-92" target="_blank">read more</a></p> Articles MRC Business Economy Government Labor Media 2012 added adviser based BLS DavidPlouffe economist estimate including job jobs june lousy MarkZandi numbers obama payrollemployment people percent question quoted rate report RickSantelli uenmploymentrate unemployment vote Fri, 08 Jul 2011 17:56:00 +0000 admin 27514 at http://www.mrc.org April Unemployment Back Up to 9%; 27th Month Above 8% http://www.mrc.org/articles/april-unemployment-back-9-27th-month-above-8 <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>The April jobs report showed 244,000 job gains, "<a href="http://news.google.com/news/url?sa=t&ct2=us%2F2_0_s_0_0_t&usg=AFQjCNG2sdOYp0sQzrf7xPom2t-hgG8UzQ&did=802249abfdc98689&cid=8797695710558&ei=dPLDTaDaFsLPgAee1qMZ&rt=MORE_COVERAGE&vm=STANDARD&url=http%3A%2F%2Feconomy.kansascity.com%2F%3Fq%3Dnode%2F10683">surprisingly strong</a>" numbers according to the Kansas City Star. Many national news outlets reported that jobs number as well as the rise in unemployment rate back to 9 percent in their headlines immediately reacting to the news.<br /></p><p><a href="http://www.mrc.org/articles/april-unemployment-back-9-27th-month-above-8" target="_blank">read more</a></p> Articles MRC Business Economy Labor Media 2004 2005 Americans bureauoflaborstatistics clinton cnbccom hitjob job jobs jobsreport million negative networks news obama oneeconomy:twospins participation percent presidency rate report reports spunemployment Stimulus story strong suggested unemployment Fri, 06 May 2011 18:50:00 +0000 admin 27529 at http://www.mrc.org Unemployment Below 9 Percent 'Bolsters Recovery Hopes' in 2011, But Little 'Consolation' in 1983 http://www.mrc.org/articles/unemployment-below-9-percent-bolsters-recovery-hopes-2011-little-consolation-1983 <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>The unemployment rate finally dropped below 9 percent in February 2011, after 21 months at that rate or higher. The Labor Department reported March 4 that the rate had dropped 0.1 percent to 8.9 percent. The New York Times called it a "notable" improvement, but in 1983, the Times was downbeat about better jobs news.</p> <br /> <p>"The economic waiting game may soon be over, as businesses signal that they are finally willing to resume widespread hiring," the March 5, 2011, story by Catherine Rampell began.</p><p><a href="http://www.mrc.org/articles/unemployment-below-9-percent-bolsters-recovery-hopes-2011-little-consolation-1983" target="_blank">read more</a></p> Articles MRC Business Business Economy Labor Media 1983 2011 called CatherineRampell coverage fact growth job jobs March months negative networks news percent rate reagan report reports unemployment year Mon, 07 Mar 2011 20:33:00 +0000 admin 27535 at http://www.mrc.org Stimulus Two Years Later, Networks Ignore Obama's Failed Job Promise http://www.mrc.org/bias-numbers/stimulus-two-years-later-networks-ignore-obamas-failed-job-promise <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/iris-somberg">Iris Somberg</a> </div> </div> </div> <p><strong>Executive Summary</strong></p> <br /> <p>Just a few years ago, double-digit unemployment seemed like a crazy idea. But when the economy began to stumble, it was fear of high unemployment and a promise to prevent it that the Obama administration used to usher in the $787 billion stimulus package. As The New York Times reported on Oct. 22, 2009, "The Obama administration's forecast at the start of the year, which predicted that unemployment would not climb much above 8 percent."</p><p><a href="http://www.mrc.org/bias-numbers/stimulus-two-years-later-networks-ignore-obamas-failed-job-promise" target="_blank">read more</a></p> Bias by the Numbers MRC Business 2009 2010 abc administration administrations Americans asked bill bmi broadcast bush called cbs claim couric coverage dec didnt economic economy effects evening failed feb government guarantee high higher job jobs july katie mentioned NBC nbcs needed network networks news nightly obama obamas oct package percent plan point prediction president promise promised rate reported Reporters stay Stimulus stories story unemployment viewers working world wrong year years Wed, 16 Feb 2011 19:56:00 +0000 admin 29509 at http://www.mrc.org Santelli Slams CNBC Panelists for Spinning Jobs Report http://www.mrc.org/articles/santelli-slams-cnbc-panelists-spinning-jobs-report <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>Jobs are heading up and down at the same time. The <a href="http://bls.gov/news.release/empsit.nr0.htm">Bureau of Labor Statistics</a> announced the morning of Feb. 4 that only 36,000 jobs were added in the month of January, but the unemployment rate dropped from 9.4 percent to 9.0 percent.</p> <br /> <p>The mainstream news media will likely latch on to the dropping unemployment rate, despite job gains that were less than one-fourth of the consensus estimate of 148,000 jobs added. One of the CNBC panelists noted that the increase was "way below consensus."</p><p><a href="http://www.mrc.org/articles/santelli-slams-cnbc-panelists-spinning-jobs-report" target="_blank">read more</a></p> Articles MRC Business Business Economy Labor Media added bureauoflaborstatistics CNBC consensus data economic jobs Liesman market month moving noted panelists percent rate report rick RickSantelli Santelli spaghetti unemployment Weather Fri, 04 Feb 2011 20:16:00 +0000 admin 27539 at http://www.mrc.org CNBC Panel Warns Drop to 9.4 Percent Unemployment is 'Anomaly' http://www.mrc.org/articles/cnbc-panel-warns-drop-94-percent-unemployment-anomaly <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>A sharp drop in the unemployment rate from 9.8 percent to 9.4 percent "surprised" analysts on Jan. 7, but Mesirow Financial's chief economist Diane Swonk warned CNBC viewers that it was an 'anomaly.'</p> <br /> <p>The drop in unemployment rate confused some because in the same report the <a href="http://bls.gov/news.release/empsit.nr0.htm">Bureau of Labor Statistics</a> reported only 103,000 overall nonfarm payroll gains in December 2010.</p><p><a href="http://www.mrc.org/articles/cnbc-panel-warns-drop-94-percent-unemployment-anomaly" target="_blank">read more</a></p> Articles MRC Business Economy Labor agreed anomaly barron called CNBC december diane drop financial household mark percent post rate sharp story survey swonk unemployment Zandi Fri, 07 Jan 2011 21:25:00 +0000 admin 27544 at http://www.mrc.org Not So Merry Jobs Report: Unemployment Up to 9.8 Percent http://www.mrc.org/articles/not-so-merry-jobs-report-unemployment-98-percent <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>The unemployment rate rose in November, from 9.6 percent up to <a href="http://bls.gov/news.release/empsit.nr0.htm">9.8 percent</a> after only 39,000 jobs were added to the workforce. On MSNBC's "Morning Joe" Mark Haines of CNBC called the data "disappointing."</p> <br /> <p>Haines went on to say, "An optimist or a sunny 'glass is half full' kind of person would say the unemployment rate may have ticked up because more people are now looking for work. That's the way that unemployment rate works … but I will grant you that that is a reach."</p><p><a href="http://www.mrc.org/articles/not-so-merry-jobs-report-unemployment-98-percent" target="_blank">read more</a></p> Articles MRC Business Economy Labor data jobs month morning november rate reach reported unemployment Fri, 03 Dec 2010 20:19:00 +0000 admin 42 at http://www.mrc.org MSNBC Says 'Fantastic' Report Shows 151,000 Jobs Added, But Rate 'Holds Steady' http://www.mrc.org/articles/msnbc-says-fantastic-report-shows-151000-jobs-added-rate-holds-steady <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>The Bureau of Labor Statistics released the unemployment numbers for October showing “fantastic” gains of 151,000 jobs, according to MSNBC, and an unchanged 9.6 unemployment rate.</p> <br /> <p>CNN’s Christine Romans called it a “good report,” during “American Morning” and noted that it was the “first time in a very, very long time” enough jobs had been added in one month to keep up with new entrants to the workforce. Estimates of the number of jobs needed per month vary between 100,000 and 200,000.</p><p><a href="http://www.mrc.org/articles/msnbc-says-fantastic-report-shows-151000-jobs-added-rate-holds-steady" target="_blank">read more</a></p> Articles MRC Business Economy Government Labor 2010 added AmericanMorning BLS bmi brokenpromise bush ChristineRomans CNBC CNN ErinBurnett fantastic jobs month morning MorningJoe MSNBC obama percent rate reports spun-employment stories total unemployment Fri, 05 Nov 2010 18:32:00 +0000 admin 27044 at http://www.mrc.org SPUN-employment http://www.mrc.org/bias-numbers/spun-employment <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-gainor">Dan Gainor</a> </div> </div> </div> <p><strong>Spinning the Numbers When Conservatives in Charge: </strong>During the year leading up to the 2005-06 mid-term elections, the economy was strong and unemployment never went above 5 percent. That wasn’t how the media reported it. Negative reports and stories spun negatively accounted for 58 percent of the stories (38 out of 65).</p><p><a href="http://www.mrc.org/bias-numbers/spun-employment" target="_blank">read more</a></p> Bias by the Numbers MRC Business 2005 2006 2009 2010 added anchor anthony bad BarackObama biasbythenumbers bush cbs correspondent created dec economic economy Elections Employment evening explained GeorgeW.Bush gibson good growth House job jobs Journalists mason mid month NBC negative news numbers percent period positive rate report reports results sawyer september shows spun spunemployment stories story term things thompson unemployment white williams year years Thu, 28 Oct 2010 00:24:00 +0000 admin 29507 at http://www.mrc.org The Media's Top 10 Worst Economic Myths of 2009 http://www.mrc.org/media-myths/medias-top-10-worst-economic-myths-2009 <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p> </p><p><em>Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. Here is our 2009 list:</em></p> <p><em> </em></p> <p> </p><p>10. CBS, NY Times Support Ecuadorian Shakedown of U.S. oil company<strong> </strong></p> <p>9. Media Fail to Scrutinize Obama’s Job Claims  </p> <p>8. Government Stimulus is the Answer to Our Economic Problems</p> <p>7. No Tax Increases for the Middle Class</p> <p>6. The Recession was Over … by July.</p> <p>5. Cash for Clunkers was a ‘Success’</p><p><a href="http://www.mrc.org/media-myths/medias-top-10-worst-economic-myths-2009" target="_blank">read more</a></p> Media Myths MRC Business 1982 2009 2010 abc Americans anti april Astroturf aug back bad bill billion Budget called car care cash cbo cbs Chevron claim claims class climate climategate clunkers company cost country create data day days dec Deficit didnt economic economists economy Ecuador events experts explained fact found gibson good government health high House including job jobs july made mails mentioned middle million morning myth NBC network networks neutral news numbers obama obamas oil package parties party percent pledge president program Protestors rate reagan Recession Recovery reform report reports rest roesgen save show Spending spent Stimulus stories story support tax taxes texpet theyre Today told unemployment washington year years Wed, 09 Dec 2009 23:13:00 +0000 admin 30122 at http://www.mrc.org Networks Flip Flop on Jobs http://www.mrc.org/special-reports/networks-flip-flop-jobs <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Identical Unemployment Numbers Good News for Obama, But All Bad under Reagan. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p><a href="http://www.mrc.org/bmi/reports/2009/Networks_Flip_Flop_on_Jobs_Executive_Summary.html">See Executive Summary</a></p> <p><br />These are tough times. More than 3 million people have lost their jobs just since February 2009 and consumer confidence fell unexpectedly in September. The unemployment rate has spiked from 8.1 percent to 9.7 percent in the first seven months of Barack Obama's presidency and is expected to climb even higher.</p><p><a href="http://www.mrc.org/special-reports/networks-flip-flop-jobs" target="_blank">read more</a></p> Special Reports MRC Business 1982 2009 abc cbs coverage data economic economy Food found gibson good House identical job jobs Journalists lost March mentioned NBC negative network networks news night numbers obama obamas positive president presidents rate reagan report reporter Reporters reports rising september showed Statistics Stimulus unemployment work Thu, 01 Oct 2009 07:58:00 +0000 admin 30578 at http://www.mrc.org ABC, NBC Say Economy Is Having Opposite Effects on Divorce Rates http://www.mrc.org/articles/abc-nbc-say-economy-having-opposite-effects-divorce-rates <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/kelly-brown">Kelly Brown</a> </div> </div> </div> <p >     Only on the network news could one culprit – the economy – be blamed for both a rise and a fall in divorce rates. But in one week, NBC and ABC managed to do just that.</p> <br /> <p >     NBC “Today” co-host Natalie Morales reported July 11 that divorce rates are down because the “troubled” economy is <a href="http://businessandmedia.org/articles/2008/20080711175300.aspx" />forcing people to stay together</a> for financial reasons. </p><p><a href="http://www.mrc.org/articles/abc-nbc-say-economy-having-opposite-effects-divorce-rates" target="_blank">read more</a></p> Articles MRC Business Economy bills divorce finances financial Marriage money rate Recession trouble Thu, 17 Jul 2008 14:44:34 +0000 admin 26041 at http://www.mrc.org 'Evening News': Foreclosures Causing Increased Homelessness http://www.mrc.org/articles/evening-news-foreclosures-causing-increased-homelessness <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p >     The April 23 "CBS Evening News" blamed turmoil in the housing markets for another crisis: a rise in the homeless population.</p> <br /> <p >     "The Anticos are leaving their Bradenton, Fla., home because they have to," CBS correspondent Kelly Cobiella said. "The bank foreclosed on it in February after Sharon lost her job and fell behind on the mortgage. For the first time in her life, she and her kids are homeless."</p><p><a href="http://www.mrc.org/articles/evening-news-foreclosures-causing-increased-homelessness" target="_blank">read more</a></p> Articles MRC Business Economy adjustable borrower crisis Foreclosure home House housing lender Loan mortgage rate Thu, 24 Apr 2008 16:28:00 +0000 admin 26223 at http://www.mrc.org CBS Omits Skepticism of Homeowner Bailout Plan http://www.mrc.org/articles/cbs-omits-skepticism-homeowner-bailout-plan <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; It’s another case of your government working for you, instead of you working for yourself.</p> <p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; After the Federal Reserve engineered a plan for JPMorgan Chase (NYSE:<a href="http://finance.google.com/finance?q=NYSE%3AJPM"></a>JPM) to take over ailing investment bank Bear Stearns (NYSE:<a href="http://finance.google.com/finance?q=BSC&amp;hl=en"></a>BSC), the April 2 “CBS Evening News” suggested the government should do the same for faltering homeowners.</p><p>&nbsp;</p><p><a href="http://www.mrc.org/articles/cbs-omits-skepticism-homeowner-bailout-plan" target="_blank">read more</a></p> Articles MRC Business Government Bailout BearStearns congress Fed Foreclosure freeze home homeowner House housing rate Senate Thu, 03 Apr 2008 19:29:23 +0000 admin 26263 at http://www.mrc.org