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Jobless rate falls to 7.8%

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Posted

Thank you president obama for your leadership.

Lowest since 2009, attributed to more people finding part time work.

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Posted

Wierd

114k new jobs, but .3 percent drop due to "volitile" home based jobs.

something smells especially since GDP at 1.3%

I guess after election, they can revise downward

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Posted

Ironicly on the heels of him getting pasted in the debates....

Somthing smells like bullshit....

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Posted

same as always for the duration of this administration. not counting those persons that have stopped looking altogether.

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Posted

Doesn't smell like bullshit. More people giving up and not collecting unemployment can help that number.

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Posted

740-800k new home jobs? They stress that it is a very volitile number.

What the heck is that?

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Posted

I just took a look at it... there counting part time jobs.... and there leaving out the people who have quit looking...

Actual unemployment is closer to 11.5%

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Posted

Even the looney lefties on MSNBC do not understand the math, but are happy that the Repubs can no longer say 44 months above 8% unemployment.

Every economist survey predicted it would go up to 8.2 because of only 114k new jobs. We need over 200k just to stay even.

I am certain it is not political

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Posted

This will be the first of several October surprises

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Posted

same as always for the duration of this administration. not counting those persons that have stopped looking altogether.

Unemployment has ALWAYS been calculated like that, not counting those that have stopped looking is not new with this administration.

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Posted

Even the looney lefties on MSNBC do not understand the math, but are happy that the Repubs can no longer say 44 months above 8% unemployment.

Every economist survey predicted it would go up to 8.2 because of only 114k new jobs. We need over 200k just to stay even.

I am certain it is not political

I thought it was 400,000 to stay even?

Either way, not enough being created, but it is better than losing jobs I suppose.

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Posted

nor is it a means of accurately painting a truthful picture. it wasn't a point of issue before because the rate of attrition via retirement was supposed to be factored in rather a rate of attrition for simply stopping looking fo work

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