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Jobless rate falls to 7.8%


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#11 Niner National

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Posted 05 October 2012 - 08:06 AM

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.

#12 twylyght

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Posted 05 October 2012 - 08:09 AM

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

#13 twylyght

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Posted 05 October 2012 - 08:10 AM

I thought it was 400,000 to stay even?

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


that's the point everyone is making. we are still losing jobs. the statistics are nt showing that. hence, the fallicy

#14 mr beauxjangles

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Posted 05 October 2012 - 08:12 AM

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


this is simply how unemployment is calculated. always has been. nothing new to this administration.

edit: i see now that tensor said the same thing...

#15 Jase

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Posted 05 October 2012 - 08:13 AM

whether it be more people are working from home or more people are getting part time work, it's better than sitting on their collective asses collecting unemployment.

#16 twylyght

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Posted 05 October 2012 - 08:17 AM

this is simply how unemployment is calculated. always has been. nothing new to this administration.

edit: i see now that tensor said the same thing...


and i responded in kind

#17 stirs

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Posted 05 October 2012 - 08:18 AM

Labor Dept stressed the "volitility" of the home survey. Could that mean that this huge, part time, home stuff could just as easily go away?

Looks like a CYA to me

Obama doing his part to help unemployment by hiring gov workers just before election. Yeah, we needed more gov employees

http://cnsnews.com/n...ernment-workers

#18 The Saltman

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Posted 05 October 2012 - 08:46 AM

It's funny watching stirs get so defensive.

#19 SuperMan

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Posted 05 October 2012 - 09:41 AM

Yep I'm sure its just a coicidence that the numbers don't make any sence at all, and that it amazingly happened ont he heels of distaterous debate.

#20 Panthers128

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Posted 05 October 2012 - 09:52 AM

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%.


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