With 200,000 new jobs, jobless rate falls to 7.8%
According to the Bureau of Labor Statistics, the unemployment rate fell to 7.8 percent in September after a gain of 114,000 jobs. That’s the lowest jobless rate in 44 months.
The fall in the jobless rate was accelerated by the discovery of 86,000 new jobs that had gone uncounted in July and August, for a total of 200,000 previously uncounted jobs.
That pattern suggests that September’s numbers may be revised upward as well. In an improving economy, as this one seems to be, monthly BLS stats typically undercount job creation because jobs appear in places they weren’t necessarily looking.
Moreover, the sharp decline in the unemployment rate is NOT due to a decline in those in the workforce. To the contrary, the BLS reports, “The civilian labor force rose by 418,000 to 155.1 million in September.”
In other words, a better economy is drawing people back into the job market to look for work. The average wage rose as well.
– Jay Bookman
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382 comments Add your comment
Two Parties, One Con (formerly Welcome to the Occupation)
October 5th, 2012
10:25 am
“Why not simply admit that the math doesn’t work, that the numbers are in fact a lie? This admin will do anything to get re-elected. Why not admit it?
Richard Hofstadter essentially said all that you need to know about the American political psyche. Nothing else really needs to be said.
We’re talking psychosis, pure and simple.
ByteMe - Thugs vs. Ilk... in 3D!
October 5th, 2012
10:25 am
CPI (both headline and core)
Unemployment
Service and Manufacturing growth
Factory orders
Construction
I would have added:
People converting from PT to FT and average hours worked
Taxes collected by the states (which is an awesome indicator of sales and payroll activity in real-time)
Jm
October 5th, 2012
10:26 am
Welcome to the Occupation
October 5th, 2012
10:19 am
Jack. Effing. Welch.
LinkReport this comment
Please be more polite. His formal name is Neutron Jack and he would prefer it if you called him by that.
Regnad Kcin
October 5th, 2012
10:27 am
“My buddies in the distressed housing biz are pretty sure Obama is trying to boost housing in the runup to the election by holding back Fannie and Freddie foreclosure inventory
The fix is on, and you’re a fool if you think otherwise”
Con logic^^^
Mary Elizabeth
October 5th, 2012
10:27 am
Again, Welcome, compared to what? Another Great Depression was looming, very quickly, on the horizon when Obama took office. The figures today are so much better than they were, then.
I take it you plan to vote for Romney from your constant dissatisfaction with Obama – because you only have two choices, you know?
stands for decibels
October 5th, 2012
10:27 am
My buddies in the distressed housing biz
…they tell their kids that they play piano in a whorehouse, of course, to maintain appearances.
scott
October 5th, 2012
10:27 am
How many people stopped looking for work Bookman? How many of these new jobs are part time seasonal? The reporting of this report is so flawed it isn’t even funny. The good thing is that most of America sees the problem with the report. They have caught on to the numbers game. Regardless of what this number, it doesn’t hide the fact that people in this country are hurting and hurting bad. As Biden said, they have gotten BURIED the last 4 years. They have gotten buried and there is nobody to blame but this current admin who made so many promises and underdelivered on pretty much every one of them. Well….besides giving away the obamamoney and the obamaphone. Even there, they probably underdelivered. Maybe one of you liberals can enlighten us. Did you get all of the freebies promised to you?
Tundra Dude
October 5th, 2012
10:28 am
romney finally admits his 47% comment was “completely wrong” but did not apologize
He’s dedicated his entire working life to gain admittance to that exclusive (non-taxpaying) Club of 47.
Cherokee
October 5th, 2012
10:29 am
Jm
Gotta love how you and your fellow travelers start yelling about conspiracy theories any time the news doesn’t reflect what Fox and Boortz and Limbaugh have told you.
Maybe things really are improving…no thanks to Republicans of course.
getalife
October 5th, 2012
10:29 am
Does anybody know mitt’s tax plan for today?
teacher
October 5th, 2012
10:29 am
Jm
still think QE3 doesn’t help banks? C opened 32.90 on 9-13-2012 now 35.50ish
BAC 8.89 now 9.50ish
the spread on mortgage is the highest in 10 yrs.
Jay
October 5th, 2012
10:31 am
“I have in my pocket a list of the 169 BLS statisticians who are distorting the data about this election.”
Is that how this one goes, guys?
Or do you explain this by the fact that the BLS “underrepresented” Republicans in their sampling?
getalife
October 5th, 2012
10:31 am
cons say it is rigged.
Like Ann, I worry about their mental health.
USinUK - not very ladylike (and former Girl Scout)
October 5th, 2012
10:32 am
“Maybe things really are improving…no thanks to Republicans of course.”
reminds me about the guys on the tandem bike … they just summitted a HUGE hill, the guy in front was huffing and puffing, saying that it was such a hard climb … the guy in the back said, “yeah, thank god I had my brakes on the whole way of we would have slid all the way back down”
Keep Up the Good Fight! (and only seeing conned poutrage)
October 5th, 2012
10:33 am
While for most Americans, the growing economy is good news, conservatives immediately expressed their skepticism in the jobs report’s credibility.
Meet the growing list of cons who claim job numbers are a conspiracy
Finn McCool (The System isn't Broken; It's Fixed)
October 5th, 2012
10:33 am
there wasnt much con questioning of the numbers last month
Mick
October 5th, 2012
10:33 am
mary elizabeth
Do you write for salon? Saw your name there a couple of days ago and wondered if you are the same person…
Two Parties, One Con (formerly Welcome to the Occupation)
October 5th, 2012
10:34 am
Jm, noted.
Mary Elizabeth, it’s certainly true that he saved the economy from almost certain catastrophe. But he did so by rescuing the finance sector while giving short shrift to homeowners and workers in general. Even with his Detroit rescue, workers have been the ones to pay the price.
getalife
October 5th, 2012
10:35 am
Poor scott,
Are you okay?
This is good news.
gop obstruction failed.
Mary Elizabeth
October 5th, 2012
10:36 am
Mick, can’t imagine that Salon would publish someone without a last name.
Butch Cassidy (I)
October 5th, 2012
10:36 am
mike – “I live in a small community in north Ga. and we have almost 14%.”
Sounds like you need to move.
Finn McCool (The System isn't Broken; It's Fixed)
October 5th, 2012
10:37 am
Let’s not expect the Cons to take it like adults.
nelson
October 5th, 2012
10:37 am
The labor statistics included in the above report are:
#1 Unemployed 15,500,000 unchanged in August.. #2 Black 14.1% unemployed
#3 Hispanic 10.2%
#4 Involuntary part time 8,000,000
#5 People out of work in the last year not included if had given up in the last 4 weeks.
#6 Caterpillar the worlds largest machinery maker cited lower global economic growth portending further market slowdown and is reducing its revenue and long term earnings estimate.
These aforementioned statistics are hardly optimistic.
Mr. Snarky
October 5th, 2012
10:38 am
Since these numbers are soooo obviously rigged and everyone can see that, then no need for the repubs to worry. They’ve got it in the bag. Their unskewed polls no doubt confirm this.
Finn McCool (The System isn't Broken; It's Fixed)
October 5th, 2012
10:40 am
“Bellyaching is not covered under Romney’s plan.”
hehehe. Colbert
jj
October 5th, 2012
10:40 am
and yet the U6 number remained unchanged at 14.7%.
And the upward revision to tht last two months suddelny follows the downward revision of tha last two months.
Does anyone else smell a fish?
Mick
October 5th, 2012
10:40 am
mary elizabeth
Well…you are correct, here is your cousin?
http://www.salon.com/writer/mary_elizabeth_williams/
jose
October 5th, 2012
10:41 am
Your own newspaper is reporting that commodity markets like oil dropped on the news because of disappointment at the numbers and the fear that the economy remains stagnant. You can spin the report anyway you want, Jay, but the overall point, whether one is a democrat or republican, is that the economy continues to stagger (both U.S. and global economy).
mike
October 5th, 2012
10:42 am
No thanks Butch….life on Lake Burton is too sweet to move!!!
td
October 5th, 2012
10:42 am
Jay,
Here is where the unemployment rate went down. The Feds went on a hiring spree just at the right time. Now tell me again how this is not manipulation by Obama? This is also the reason the deficit is higher then last year.
Unemployment Rate Plummets to 4.3%–For Government Workers
By Terence P. Jeffrey
October 5, 2012
Subscribe to Terence P. Jeffrey’s posts
Barack Obama
President Barack Obama (AP Photo/Susan Walsh)
(CNSNews.com) – The best news anywhere in the U.S. economy over the past three months has been in the government sector, where unemployment has dropped dramatically from 5.7 percent in July to 5.1 percent in August to 4.3 percent in September, according to the Bureau of Labor Statistics.
Both the federal and state governments increased their employees in July, August and September.
The Obama administration has added 10,000 civilian workers to the federal government’s payroll since July, according to BLS. In that month, the federal government employed 2,804,000 civilian workers. In August, that increased to 2,810,000. And, in September, the number of civilian federal employees increased again to 2,814,000.
The BLS’s count of civilian federal employees does not include members of the military or individuals who work for certain intelligence gathering agencies, including the Central Intelligence Agency and the NSA.
The Obama administration has been able to accomplish a net increase in federal employees over the past three months even while the U.S. Postal Service–whose employees are considered part of the federal workforce–eliminated jobs and decreased its payroll. In July, according to BLS, the Postal Service employed 610,000 people. In August, that declined to 609,900, and in September that declined to 606,900.
State governments have added a net of 17,000 new workers to their taxpayer-funded payrolls over the past three months. In July, state government around the nation employed 5,052,000 people. In August, that climbed to 5,056,000, and in September it climbed again to 5,069,000
http://cnsnews.com/news/article/unemployment-rate-plummets-43-government-workers
Elliot Spitzer
October 5th, 2012
10:43 am
George Soros is hiring!
Mary Elizabeth
October 5th, 2012
10:43 am
Two Workers,
In all due respect, you have got to be listening to too much rightwing propaganda, with statements such as this one: “Even with his Detroit rescue, workers have been the ones to pay the price.”
” ‘Some politicians,’ Mr. Obama said, ‘even said we should ‘let Detroit go bankrupt!’ (referring to Romney).”
http://www.nytimes.com/2012/02/29/us/politics/obama-reminds-united-auto-workers-of-bailout-in-speech.html
DownInAlbany
October 5th, 2012
10:44 am
You people are just crying “WITCH!! WITCH!!” in an irrational attempt to explain things that scare you and that you do not understand.
You people. Ah, ha. What is your definition of “you people?” Those that do not agree with you and don’t take these unemployment numbers at face value? “Irrational?” Wow! Don’t mince words, will you? “that you don’t understand” So “you people” are not only “irrational” but stupid, too?
Thanks for an intelligent and rational explanation, there, Jay.
No one has yet to offer a viable answer to what happened to the “other 250,000.” Because, there is only one viable answer, the numbers are manipulated. Until you give me a better answer…that’s my story and I’m sticking to it. No amount of name calling will change my mind!
Brosephus™
October 5th, 2012
10:45 am
the overall point, whether one is a democrat or republican, is that the economy continues to stagger (both U.S. and global economy).
Why?
They BOTH suck
October 5th, 2012
10:45 am
“The fix is on, and you’re a fool if you think otherwise”
And you can validate that or are we all supposed to take it as fact because a few of your buddies said so?
ITS ALL BUSH'S FAULT
October 5th, 2012
10:45 am
Unemployment at 4 year low and Stock Mkt at 4 year high its a horror! Suck it CONS..
pete
October 5th, 2012
10:46 am
The funny thing about that 7.8% is that NOBODY believes it. Even the morning folks at CNBC were looking at it funny. Someone at that network predicted yesterday that the new numbers would magically be down since the election is coming up.
Note to ‘Team Obama’, the game is over. Get ready to stand in the unemployment line.
flagger
October 5th, 2012
10:46 am
I see on T.V. all the time that 10,000 people are retiring each day for a total of 300,000 per month so were are the replacements for those 300,000 jobs each month???? Go figure!!!!
ByteMe - Thugs vs. Ilk... in 3D!
October 5th, 2012
10:46 am
Those that do not agree with you and don’t take these unemployment numbers at face value?
Nope, those who could spend the time to look at the math and the numbers from BLS (as well as ADP, the largest payroll service in America), but refuse to do so, stick their fingers in their ears and yell “conspiracy” over and over… even though these were the same people last month pointing at the exact same numbers from the exact same source and claiming it meant the end of Obama’s time in office.
Those people. You’ve seen them around, I’m guessing.
Butch Cassidy (I)
October 5th, 2012
10:46 am
mike – “No thanks Butch….life on Lake Burton is too sweet to move!!!”
That sounds familier, where is i?. I only lived in Atlanta for 4 years before moving to NYC.
Granny Godzilla - Union Thugette
October 5th, 2012
10:47 am
IF the FIX were actually on…we’d have had the Republicans fixed years ago.
Snip Snip
getalife
October 5th, 2012
10:47 am
Once again,great news for our country makes cons heads explode.
Unhinged.
The movie about getting obl airs Nov. 4.
Reality
October 5th, 2012
10:47 am
Compare this number to the same time last year – this WILL take into account seasonal and/or part time jobs. When you compare these numbers, it is STILL good news.
Things are getting better. We are on the right track. We need to keep moving FORWARD!
Regnad Kcin
October 5th, 2012
10:48 am
Just looked at unskewedpolls.com – even they give Obama 255 electoral votes.
There methodolgy on swing state polls: they take the poll numbers (Obama invariably wins), then assume any undecided splits 75-25 for Romney. This gives Romney (for instance) a 0.25% lead in Colorado, which they award to Romney. Even using THIS methodology, they give Obama 255 EVs! LOL
Butch Cassidy (I)
October 5th, 2012
10:48 am
pete – “The funny thing about that 7.8% is that NOBODY believes it.”
Then you should have no trouble providing us with a myriad of links to all these naysayers.
ByteMe - Thugs vs. Ilk... in 3D!
October 5th, 2012
10:50 am
Then you should have no trouble providing us with a myriad of links to all these naysayers.
I don’t want to see them… I want to see their math.
Adam
October 5th, 2012
10:50 am
What is your definition of “you people?” Those that do not agree with you and don’t take these unemployment numbers at face value?
Yes. Because you’re dumb. Irrational. An idiot. All of those things if you throw accusations out there of corruption with no evidence and no mathematical or statistical background.
For, if you had the background, you’d go to the website and look at exactly how they figure this stuff out, and realize they are doing it the same way they have done it for decades. Which means no corruption.
Regnad Kcin
October 5th, 2012
10:50 am
“No one has yet to offer a viable answer to what happened to the “other 250,000.” Because, there is only one viable answer, the numbers are manipulated. Until you give me a better answer…that’s my story and I’m sticking to it. No amount of name calling will change my mind”
^^Con logic^^
Ray Tardinski
October 5th, 2012
10:51 am
True to form – Bookamn bends the details to tell the story he wants you to believe as a completely irresponsible journalist (sorry, opinion writer)
NSA participation rate drops…again…the big one that BI loves to ignore. Also kids…look at table B-1…total private jobs (not seasonal adjusted) dropped by ~400,000. The reason the rate dropped…because the NILF rose substantially. Make that denominator smaller and the unemployment rate will drop….because there are fewer people to count. Doubt any of you will care to read the data though.
I just got back from meetings in northern Ohio where more layoffs are a coming in industrially rich Cleveland/Akron- try telling the people there unemployment has fallen and they will laugh. This is going to backfire. Rosey numbers after being demolished in a debate are only going to serve to increase suspicions of voters who are either having to work part time jobs because they can’t find employment or have simply given up. Odumber better have a handle on the numbers in the next debate, anyone with “arithmetic” skills is going to pick this apart. Can you run regression on historical monthly initial emp #s vs pct change of revision. Something is fishy with ~+50% chg in Aug and Jul.
Just Saying..
October 5th, 2012
10:51 am
Well, THIS is bad news,
viewed thru the GOP Patriot lens…
scott
October 5th, 2012
10:54 am
getalife…..this is good news? The fact that you think this is good news shows how stupid you really are. You are one of the people that just believes everything the media tells you and believes it 100% without ever thinking about how this number could ever come about. No thought that maybe, just maybe the number results because the numerator changes. When you take away people searching for jobs…not because they actually found full time employment, but rather because they either stopped looking or managed to find some part time work, or course the number will look better. The proof that this is not an improvement is not shown by the number bu the millions of people who are still unemployed…who are still “BURIED” for the last 4 years. It is really sad that you are just so narrow-minded that you cannot understand this. It is sad that you cannot comprehend that this number number appeared because of a reelection campaign. I am starting to understand why two years ago, Obama wanted to see the extension of unemployment benefits out for 2 years. He wanted them to expire right around election time so that the unemployment number would drop after all of those people were considered to have stopped searching and fell off the rolls. hmmmmm…..and you guys think Romney is shady.
Butch Cassidy (I)
October 5th, 2012
10:54 am
Ray Tard….”True to form – Bookamn bends the details to tell the story he wants you to believe”
Are you also sending in your comments to FOX News as well?
Regnad Kcin
October 5th, 2012
10:55 am
Nothin’ fills a con’s heart with joy like lookin’ at them folks in the unemplyment line…
Two Parties, One Con
October 5th, 2012
10:55 am
Enter your comments here
getalife
October 5th, 2012
10:56 am
This will cheer you up cons:
http://www.huffingtonpost.com/2012/10/04/jimmy-fallon-debates-as-romney-lehrer-shut-the-f-up_n_1941473.html
ByteMe - Thugs vs. Ilk... in 3D!
October 5th, 2012
10:56 am
NSA participation rate drops…again…the big one that BI loves to ignore.
Gee, and the non-mathmatician worries about the wrong stat and then tosses us an anecdotal bone.
scott
October 5th, 2012
10:57 am
Granny Godzilla “IF the FIX were actually on…we’d have had the Republicans fixed years ago.
Snip Snip”
I wish your father had been snipped before he had you so we would not have to hear your mindless drivel.
Butch Cassidy (I)
October 5th, 2012
10:57 am
scott – “The proof that this is not an improvement is not shown by the number bu the millions of people who are still unemployed…who are still “BURIED” for the last 4 years. It is really sad that you are just so narrow-minded that you cannot understand this.”
Stop whining and waiting for the government to rescue you. Take resopnsibility and pull yourself up by your bootstraps.
Mary Elizabeth
October 5th, 2012
10:57 am
Mick, Thanks for the compliment, but Willilams is not moi. But I do like how Mary Elizabeth Williams thinks, i.e. as she exposed this man’s biased and shallow opinion of women with his letter to an overweight TV journalist – which read, in part: “Surely you don’t consider yourself a suitable example for this community’s young people, girls in particular. Obesity is one. . .”
Here’s my take on that same theme: http://maryelizabethsings.wordpress.com/2012/06/01/how-women-are-viewed-in-this-world-2012-2/
Regnad Kcin
October 5th, 2012
10:57 am
“The proof that this is not an improvement is not shown by the number bu the millions of people who are still unemployed…who are still “BURIED” for the last 4 years. It is really sad that you are just so narrow-minded that you cannot understand this. ”
Translation: “If you could only see the facts here inside-the-bubble, you would surely change your mind…”
Redneck Convert (R--and proud of it)
October 5th, 2012
10:58 am
Well, I don’t care how much they lie, I know the economy is in the dumps. I got my Golf Tee Index that tells me it is. It’s never failed.
When you go to a golf course that’’s open to the public, just walk up on the teeing area. In good times you’ll find lots of half tee pegsand even full tee pegs where people won’t even bother to stoop down to pick them up. But the worser the times get, the fewer tee pegs you’ll find. And I’m telling you, for the last 4 yrs. you can’t hardly find even a stub of a tee peg. People are even picking them up and reusing them till they’re nothing but splinters. Nowadays, you need to use your own tee peg on a par 3. That’s the Golf Tee Index.
So you can beleive what you want to beleive, but I know the truth. Now tee areas at private golf clubs don’t count. The people that play there can afford to leave stubs and even full tee pegs, what with the tax cuts and all. Matter of fact, right after a big tax cut is when you’ll find the most tee pegs at private clubs. But that’s another story.
DannyX
October 5th, 2012
10:58 am
“The funny thing about that 7.8% is that NOBODY believes it.”
The funny thing is enough people do believe it. Obama back up to 70.9, and climbing, on Intrade.
ByteMe - Thugs vs. Ilk... in 3D!
October 5th, 2012
10:58 am
The fact that you think this is good news shows how stupid you really are.
LOLOLOLOLOLOL!!!!
Some guys really do just need to stay single. Who would want to live with their depression?
getalife
October 5th, 2012
10:58 am
scott,
Tell your party to pass our President’s job bill and it will be even better news.
While you are at it, tell them to pass the middle class tax cut too your nominee said he wanted but will not tell his party to vote on it.
Keep Up the Good Fight! (and only seeing conned poutrage)
October 5th, 2012
10:59 am
I wish your father had been snipped before he had you so we would not have to hear your mindless drivel.
Such negative thoughts from scott. tick…tick….tick
luangtom
October 5th, 2012
11:00 am
Of course the numbers are good after Obama’s performance in the debate, why wouldn’t they be? I still would like to see these numbers reflect the true position of unemployment. What of the thousands that are not even counted in these figures? What of those that are no longer eligible for benefits, what of those that have stopped applying or even looking for jobs? Mainstream media and the Democrats were certainly not happy with the first debate. We can look forward to seeing skewed reports and skewed polls all the way up to the November elections. Watcht out for what we are fed right before the vote takes place. The media darling and savior needs a boost.
DownInAlbany
October 5th, 2012
11:00 am
Nope, those who could spend the time to look at the math and the numbers from BLS
Oh, do you mean the same BLS that reported, “…the number of people with part-time jobs wanting full-time…rose 7.5% to 8.6 million…” Or maybe the BLS that reports, “…government added 63,000 jobs in July and August…”???
So, why don’t you stick YOUR fingers in YOUR ears while the entire report from the BLS is taken into consideration?
Thanks, Adam @ 10:50. You proved my point. You’re a typical Bookmanite. When you have no answer for the obvious question, you resort to name-calling. The facts be damned!
Brosephus™
October 5th, 2012
11:01 am
Botch @ 10:57
Sagegirl
October 5th, 2012
11:01 am
Name: Willard Mitt Romney
Born: March 12, 1947
Age: 65
So do we know if Mittens draws social security since he’s ‘entitled’ to it?
DannyX
October 5th, 2012
11:01 am
Redneck, love the Golf Tee Index.
Funny though, I figured you to be more of the miniature golf type.
getalife
October 5th, 2012
11:01 am
Heck scott, just tell your party to stop the failed obstruction and vote on all bills that will help our economy. Okay?
ByteMe - Thugs vs. Ilk... in 3D!
October 5th, 2012
11:02 am
So, why don’t you stick YOUR fingers in YOUR ears while the entire report from the BLS is taken into consideration?
So why don’t YOU show us where either the math to get the rate or the numbers that created the rate are wrong instead of just complaining that you don’t understand them?
Finn McCool (The System isn't Broken; It's Fixed)
October 5th, 2012
11:02 am
What debate?
hehehe
Butch Cassidy (I)
October 5th, 2012
11:03 am
luangtom – “We can look forward to seeing skewed reports and skewed polls all the way up to the November elections.”
Really? so if the numbers trend in Romneys favor you aren’t going to believe them either?
Two Parties, One Con
October 5th, 2012
11:05 am
Mary Elizabeth, if you want to argue that Obama is preferable to Romney, go ahead. That’s certainly correct. But don’t make the mistake of assuming on that basis that Obama represents the best that we could have, as that is far from the truth.
getalife
October 5th, 2012
11:07 am
Rednecks play golf too.
I know because my Brother is a pretty good at golf .
Brosephus™
October 5th, 2012
11:07 am
Dang it… Butch…
Granny Godzilla - Union Thugette
October 5th, 2012
11:07 am
scott
October 5th, 2012
10:57 am
Granny Godzilla “IF the FIX were actually on…we’d have had the Republicans fixed years ago.
Snip Snip”
I wish your father had been snipped before he had you so we would not have to hear your mindless drivel.
.
.
.
Heck, he is a great catholic dad….there are 6 more just like me.
All married well…make that 14
plus 27 grandkids…make that 41
plus 6 great grandkids …make that 47
plus dad of course makes 48
I am so proud of him and our family….
alittlecommonsense
October 5th, 2012
11:08 am
Jay – “Would an increase of 3.9 million private-sector jobs over the last two years meet that test? Because that’s exactly what has happened.”
Ok, the 3.9 million number is arguable and of course you are using the stat that best suits your argument but let’s go with it for a second.
With an 800 BILLION dollar stimulus, that comes to just over $200,000 per job. Not much to brag about when you look at it that way.
Aquagirl
October 5th, 2012
11:08 am
what of those that have stopped applying or even looking for jobs?
Those people are called “discouraged workers” and yes, they’re counted.
From the BLS report…”Among the marginally attached, there were 802,000 discouraged workers in
September, a decline of 235,000 from a year earlier.”
You need a hanky?
DownInAlbany
October 5th, 2012
11:08 am
OK, ByteMe, just as soon as one of you people give a viable answer to the legitimate question of “what happened to the 250,000?” I don’t have an answer other than manipulation. Do you have a better one?
Regnad Kcin
October 5th, 2012
11:10 am
ALCS – “With an 800 BILLION dollar stimulus, that comes to just over $200,000 per job. Not much to brag about when you look at it that way”
ALCS – How much is that per job after you take out all the infrastructure that got built?
Partisay
October 5th, 2012
11:11 am
scott
October 5th, 2012
10:54 am
“You are one of the people that just believes everything the media tells you and believes it 100%…”
Just wondering. Do you not believe FOX news also? Or is there an exception on that for you?
DannyX
October 5th, 2012
11:11 am
alittlecommonsense, did you cash your stimulus check?
stands for decibels
October 5th, 2012
11:11 am
With an 800 BILLION dollar stimulus, that comes to just over $200,000 per job.
This one again?
if you’re going to Go There, at least aim higher.
http://mediamatters.org/research/2012/05/31/new-stimulus-report-same-bogus-cost-per-job-ana/161470
They BOTH suck
October 5th, 2012
11:12 am
luangtom
Can you show where the unemployment calculation formula has been changed since Jan 09?
I would agree that we have people underemployed or have fell of the “rolls” due to long term unemployment and of course unemployed folks looking for jobs.
With that said, has the calculation changed or do you just wish to cry because you would rather have seen lower number of folks hired and a higher employment rate?
They BOTH suck
October 5th, 2012
11:12 am
higher unemployment rate……….
Two Parties, One Con
October 5th, 2012
11:13 am
Shorter GOP: it’s outRAGEous that this president can cook the books on those jobs numbers!!!
It’s OUR GUY who should be doing that!!!!!
BW
October 5th, 2012
11:13 am
It’s too funny and yet sad to see conservative commentators accuse the admininstration cook the books…this election needs to be over yesterday simply because I’ve never seen this level of vitriol in a presidential campaign.
Butch Cassidy (I)
October 5th, 2012
11:13 am
alittlecommonsense – “With an 800 BILLION dollar stimulus, that comes to just over $200,000 per job. Not much to brag about when you look at it that way.”
True, I’m sure it was an enourmous cost saver when we were eliminating 750,000 jobs a month back in the good old days.
Mark in mid-town
October 5th, 2012
11:13 am
I usually don’t lend credence to the government having the ability to manipulate the monthly job numbers for political purposes. But how the heck does the unemployment rate drop 3/10 of a point in one month when quarterly GDP was recently revised from an anemic 1.7% to an abysmal 1,3%? I would like to think that the job market is improving relative to population, But I just don’t see that. There are arbitrary assumptions that go into calculating the monthly job numbers. I would love to know what those assumptions were and whether there was any ability to have them manipulated for political reasons. Nothing Obama and the Chicago thugs who run his campaign do would surprise me, but do they have the ability to influence this kind of a manipulation in the monthly job numbers? I’m skeptical they have such power, but a 7.8% unemployment rate does not reflect any reality that I see and the 3/10 % point drop in one month is just a tad too convenient if you ask me.,
Lord Help Us
October 5th, 2012
11:15 am
The cons are stuck in a alien vortex today…
The job numbers are cooked…the job numbers are not good…
Funny.
Butch Cassidy (I)
October 5th, 2012
11:15 am
DowninAlbany – “I don’t have an answer other than manipulation.”
Okay, I’ll buy your answer. Now, who is it that manupiulated the numbers and where is your proof?
curious
October 5th, 2012
11:16 am
Both sides can analyze till the cows come home, but, in the end, each individual will make their independent decision on the state of the economy and their well-being.
Finn McCool (The System isn't Broken; It's Fixed)
October 5th, 2012
11:16 am
plus dad of course makes 48
and they all vote!?
GT
October 5th, 2012
11:16 am
Reminds me of that scene in Indiana Jones, where the aggressor lines up in front of Harrison Ford and pulls out a sword. The aggressor then begins to flip and spin the weapon with a smirk on his face like he is the butcher and Jones is the cow. Indiana looks bored at the whole production, but allows the man his space. Upon the finish of the show Indiana sighs a deep bore breath takes his German Lugar out and shoots the surprise showman between the eyes. I think we have just seen that in real life.
They BOTH suck
October 5th, 2012
11:17 am
Probably already posted earlier today:
Mitt Romney: ‘47 Percent’ Comments Were ‘Just Completely Wrong’
Groveling for those votes after slapping those folks in the face…………
paulo977
October 5th, 2012
11:17 am
ay
October 5th, 2012
9:27 am
We now have the lowest unemployment rate in 44 months
______________________________________________
This folks is the, hard to take for GOPS, shining FACT!!!
if YOU are not registered to vote by Tuesday, October 9, YOU will NOT get a chance to vote on November 6
October 5th, 2012
11:18 am
Stand up and be counted. If you have any problems registering or voting call 1.866.MYVOTE1.
Regnad Kcin
October 5th, 2012
11:19 am
DowninAlbany – “I don’t have an answer other than manipulation.”
“And I’n SURE not gonna do my own research – someone else do it for me. Or admit it was aliens! I meam, manipulation!”