0 the second quarter of this year they only grew about 70,000 per month. faster momentum on the payroll growth side as well. peter, romney s talking point for months now is the unemployment rate is above 8% every month since obama took office. with that out the window, his new talking point is 114,000 new jobs created and labor participation. fewer new jobs created this month and last month. the unemployment rate as you noted this year has come down very veshgs slowly. the reason it came down this year is primarily due to the fact that more and more have just stopped looking for work. if you just drop out of the work force, if you give up and say, i can t go back to work. i m going to stay home. if you drop out altogether, you re no longer part of the employment statistics. so it looks like employment is better, but if the same share of people were participating in the work force today is as on the day the president got elected on some kind of part-time basis. a reporter that lost
about this jobs numbers, though. it s a game changer unless it s not. the president is the out on the trail pushing it. as a nation we are moving forward again. we re moving forward. more people are getting jobs. now, every month reminds us that we ve still got too many of our friends and neighbors looking for work. today s news certainly is not an excuse to talk down the economy to score a few political points. it s a reminder that this country has come too far to turn back now. my friends, whenever fall comes the leaves turn pretty colors and the jobs numbers bring in our dynamic duo, peter and jared. how are you my wonky friends? we re wonking along. we re pretty wonky. do you think that wonk spelled backwards is know? excellent. you just blew my mind. as is k-n-o-w. were you trying to figure out whether i meant it was n-o. you re burning up the time. he wants to talk about the president s great numbers. you have to love the 7.8% number. talk about that.
extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. what s different? it has micro-particles. enters the bloodstream fast and rushes relief to the site of pain. visit fastreliefchallenge.com today for a special trial offer. 15, 20 years ago, if you were an intern, you would intern for three months, four months, and you were guaranteed almost to have that turn into a job. now people are interning for free for two to three years with five to seven different employers before it turns into a job. that s matt siegel, the co-founder of our time on wednesday here, talking about an increasingly critical part of the u.s. work force, interns. for many college grads, it s their only option. for companies, that free or
might punch you. she s still getting up every day and doing what she does best, which is teach. the players, she says, are my best medicine. our final honoree is not here. the president of i see rasrael done more than the cause of peace than anybody else alive. i will be hosting him at a dinner this next month and will be presenting him with his medal and talking about his contribution at that time. i m looking forward to welcoming him, and if it s all right with you, i will save my best lines for him at that occasion. so these are the recipients of the 2012 medals of freedom. and just on a personal note, i had a chance to see everybody in the back. what s wonderful about these events for me is so many of these people are my heroes individually, you know? i know how they impacted my life. i remember reading song of solomon when i was a kid, and not just trying to figure out how to write but also how to be and how to think. and i remember, you know, in college, listening to bo
and just on a personal note, i had a chance to see everybody in the back. what s wonderful about these events for me is so many of these people are my heroes individually, you know? i know how they impacted my life. i remember reading song of solomon when i was a kid, and not just trying to figure out how to write but also how to be and how to think. and i remember, you know, in college, listening to bob dylan and my world opening up because he captured something that about this country that was so vital. and i think about dolores, reading about her when i was starting off as an organizer. everybody on this stage has marked my life in profound ways, and i was telling somebody like pat summitt, when i think about my two daughters who are tall and gifted and knowing that because of folks like coach summit, they re standing up straight and diving after loose balls and feeling confident and strong, then i understand the impacts these people have had extends beyond me. it will c