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Jobless rate falls to 7.8%

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Posted

Looks like California just happened to not get their numbers submitted in time for the report. Well, fancy that.

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Posted

The work force ages (15-55) looks pretty steady to me. How is this pattern different from previous decades?

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Yeah social security is fuged

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Posted

I don't think social security is fugged. Raise the cap from $106k so millionaires chip in more = social security sustainability.

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Posted

Yeah social security is fuged

Social Security has been fugged from the outset... especially since Washington started raiding it like it was their own personal piggy bank. Aside from the fact that it is predicated on an ever-increasing workforce contributing to the SS fund, it requires that there never be a hiccup in that trend.

We are now looking at raising the retirement age to stave off the inevitable to artificially inflate the workforce numbers in the short term. The long term will eventually have us printing currency like Zimbabwe so the government can "keep its promise" of SS... only our currency will be worth nothing by that time. Only with that, we have killed EVERYONE's retirement plans by that time.

My hope is that we deal with it in my lifetime rather than passing that fiasco to our kids.

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Posted

Republicans

Richard Nixon: Increase of 7.1 million jobs

Gerald Ford: Increase of 1.3 million jobs

Ronald Reagan: Increase of 14.7 million jobs

George H.W. Bush: Increase of 1.5 million jobs

George W. Bush: Decline of 646,000 jobs

Total: Increase of 23.9 million jobs under Republican presidents

Democrats

John F. Kennedy: Increase of 2.7 million jobs

Lyndon B. Johnson: Increase of 9.5 million jobs

Jimmy Carter: Increase of 9.0 million jobs

Bill Clinton: Increase of 20.8 million jobs

Barack Obama: Increase of 332,000 jobs

Total: Increase of 42.3 million jobs under Democratic presidents.

DAMN SON.

http://www.politifac...nts-top-republ/

The article in its entirety is a good one... the snapshot you provide is misleading. At least you provided the link for any of us that decide to read it.

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Posted

IT'S SO POLITICALLY MOTIVATED!!!! THE PRESIDENT MADE THOSE STATISTICIANS AND ECONOMISTS FUDGE THOSE NUMBERS!!!

In the week ending October 13, the advance figure for seasonally adjusted initial claims was 388,000, an increase of 46,000 from the previous week's revised figure of 342,000.

http://www.dol.gov/opa/media/press/eta/ui/eta20122075.htm#.UIACAMXA-K8

http://money.cnn.com/2012/10/18/news/economy/unemployment-benefits/index.html?hpt=hp_t1

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Posted

http://www.cnbc.com/id/49460659

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

The Labor Department says the four-week average of applications, a less volatile measure, fell slightly to 365,500, a level consistent with modest hiring.

Last week, California reported a large drop in applications, pushing down the overall figure to the lowest since February 2008.

This week, it reported a significant increase as it processed applications delayed from the previous week.

"Technical factors" aka bs.

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Posted

IT'S SO POLITICALLY MOTIVATED!!!! THE PRESIDENT MADE THOSE STATISTICIANS AND ECONOMISTS FUDGE THOSE NUMBERS!!!

http://www.dol.gov/o...tm#.UIACAMXA-K8

http://money.cnn.com....html?hpt=hp_t1

they knew that the numbers were not accurate yet they were still released....conveniently just after the debate.

Should have waited a few days to actually get accurate informaation.....oh wait, that would not have shown a slight decrease (for which the media jumped all over as an indication of recovery).

They knew the data was incorrect, yet the media convenietly chose to ignore that fact. As I said, the media is providing so much air cover for Obama that it is comical.

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Posted

Obama supporters not releaseing the true unemployment numbers in California...

I called it.

They doctored the numbers to help Oduma.

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Posted

The jobless rate falling below 8% was the headline news on every station....scrolling along the bottom.

Yet, this correction (which showed that the jobless rate in fact did not dip) is a by line on Page 20.

Waiting for CWG and Zod to try and spin that the liberal media is still not proving ridiculous air cover for the obama administration.

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Posted

The jobless rate falling below 8% was the headline news on every station....scrolling along the bottom.

Yet, this correction (which showed that the jobless rate in fact did not dip) is a by line on Page 20.

Waiting for CWG and Zod to try and spin that the liberal media is still not proving ridiculous air cover for the obama administration.

No surprise there really, they will do anything to defect all things negative to Obama just like they will blow up somthing minicule on Romney.

Obama supporters are all on the bandwagon to economic collapse.

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