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Jase

Jobless rate falls to 7.8%

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They should change the way unemployment is counted so that even the short-term unemployed don't count as being unemployed.

We could get the rate down to 0%.

Welcome to the game of modern media and political plays.

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lol at everyone in this thread.

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Best employment month in 30 years. Who would have thunk it

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There might actually be something to this conspiracy theory.

Number of people employed increased from 142,101,000 to 142,974,000. (+873,000)

Number of people employed part-time for economic reasons increased from 8,031,000 to 8,613,000 (+582,000)

What do you get when you divide 582000 by 873000?

Exactly 2/3.

What are the odds?

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Economists also skeptical.

They are saying we would need GDP close to 5% to get this kind of job growth.

Ours in fact is shrinking and at 1.3% currently.

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haha. jase nailed it with the 2/3. nothing more to see here.

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I haven't looked at the numbers today, but doesn't part time employment always start to pick up this time of year.

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I haven't looked at the numbers today, but doesn't part time employment always start to pick up this time of year.

Yes and retailers said they planned to hire more holiday help this year than they have in years past.

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