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Jobless rate falls to 7.8%


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#21 twylyght

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Posted 05 October 2012 - 10:04 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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#22 Panthers_Lover

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Posted 05 October 2012 - 10:15 AM

How convenient ...

#23 natty

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Posted 05 October 2012 - 10:18 AM

lol at everyone in this thread.

#24 stirs

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Posted 05 October 2012 - 10:56 AM

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

#25 Jase

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Posted 05 October 2012 - 11:03 AM

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?

#26 stirs

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Posted 05 October 2012 - 11:52 AM

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.

#27 pstall

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Posted 05 October 2012 - 01:19 PM

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

#28 Davidson Deac II

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Posted 05 October 2012 - 02:42 PM

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

#29 Niner National

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Posted 05 October 2012 - 03:46 PM

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.

#30 stirs

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Posted 05 October 2012 - 03:57 PM

But not in September


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