Unemployment Rate for September

#1
govols09

govols09

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#1
Down to 7.8% im glad the stimulus finally worked :) will Obama use this as a positive even though the number of created jobs was low?
 
#2
#2
The real rate is about around 14% (IMO) but im sure he will stick with 7.8%
 
#3
#3
114,000 does not even keep up with the population growth. So how does this lower the unemployment rate? completely manipulated number
 
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#4
#4
Clearly this is because of those shovel-ready jobs he made.
 
#5
#5
TSwafford said:
114,000 does not even keep up with the population growth. So how does this lower the unemployment rate? completely manipulated number
Click to expand...

US jobs rise a mere 114K and the unemployment drops to 7.8% from 8.1%. Don't fix the problem, Fix the number. I get it now. It’s an election year. :)
 
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#7
#7
myrobbins7 said:
The real rate is about around 14% (IMO) but im sure he will stick with 7.8%
Click to expand...

And we still have the lowest percentage of the workforce employed........Billy and Sheezy, got anymore of that Nobamayote they you guts take everyday to live in lala land?
 
#9
#9
That's funny, because this is the first time this year that the "experts" anticipated a bump in the rate, and it dropped quite a bit.
 
#11
#11
I honestly cannot understand how job growth at the number we have seen leads to a .3% point drop in the UE number.

It's good news for Obama but sure seems fishy. Most jobs watchers say it takes 200K plus new jobs per month to move the UE number. 114K obviously is significantly below that yet we get a major swing in the UE number.
 
#12
#12
TSwafford said:
114,000 does not even keep up with the population growth. So how does this lower the unemployment rate? completely manipulated number
Click to expand...

This^.......I smell BS....numbers are being manipulated.....or a ton of additional folks have stopped searching for jobs
 
#13
#13
volinbham said:
I honestly cannot understand how job growth at the number we have seen leads to a .3% point drop in the UE number.

It's good news for Obama but sure seems fishy. Most jobs watchers say it takes 200K plus new jobs per month to move the UE number. 114K obviously is significantly below that yet we get a major swing in the UE number.
Click to expand...

not only that but the participation rate went up which would require and even greater gain to offset.

but I guess that's what we get when the UE number is figured like a QB rating

golfballs said:
It's the largest increase in 30 years :question:
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following the biggest debate defeat in almost 30 years. Interesting
 
#19
#19
I work for a government data reporting service - kind of similar to BLS - and my boss said this administration is the most invasive into our business as he's seen in working in the agency for over 40 years. They pressure us all the time

I don't know what it's like at BLS, but I wouldn't be shocked at all if something "changed" in how they came up with the # this report

#jussayin
 
#20
#20
PaulieWalnuts said:
I'm am going to sit back and enjoy.


:popcorn:
Click to expand...


About all I can say from my own perspective is that the economy seems to me to be slowly, very slowly, improving. Like everyone else, I am not satisfied with the pace.

Where people differ I'd say right now is whether the slow pace is the fault of Obama or whether really any POTUS could have had a meaningful impact on it over the last few years.

I tend to think the GOP overclaims Obama's impact on it, and of course the GOP argues that Obama minimizes it. Truth is somewhere in the middle.
 
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#21
#21
Most of the 114,000 jobs were part-time jobs. People working part-time that want full-time went up 1.1%.
 
#22
#22
lawgator1 said:
About all I can say from my own perspective is that the economy seems to me to be slowly, very slowly, improving. Like everyone else, I am not satisfied with the pace.

Where people differ I'd say right now is whether the slow pace is the fault of Obama or whether really any POTUS could have had a meaningful impact on it over the last few years.

I tend to think the GOP overclaims Obama's impact on it, and of course the GOP argues that Obama minimizes it. Truth is somewhere in the middle.
Click to expand...

Can you explain the numbers?
 
#24
#24
golfballs said:
I work for a government data reporting service - kind of similar to BLS - and my boss said this administration is the most invasive into our business as he's seen in working in the agency for over 40 years. They pressure us all the time

I don't know what it's like at BLS, but I wouldn't be shocked at all if something "changed" in how they came up with the # this report

#jussayin
Click to expand...

interviewed with BLS out of college but couldn't have afforded to take the job. I wonder if that's still the case
 
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