One last unemployment report...

Discussion in 'Economy' started by Mac1958, Oct 31, 2012.

  1. Mac1958
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    Mac1958 Platinum Member

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    .

    ... before election day. ADP's report is putting new job growth for September at 88,200, which would be roughly half of what job growth needs to be just to keep up with population growth. That would be shitty, but ADP isn't always accurate.

    We'll see on Friday.

    .
     
  2. AmyNation
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    AmyNation Road Warrior Supporting Member

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    I heard that the overall number may end up back up at 8%
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Oboingo can't win for losing on this one.

    Claim employment is up and nobody will believe it.

    Calm it's even and people go meh.

    Claim unemployment is up and it's bad.
     
  4. courseofhistory
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    courseofhistory BANNED

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    Wed Oct 31, 2012 at 07:05 AM PDT.

    FIRST EMPLOYMENT SIGNALS - Gallup Unemployment Numbers Drop by .4%%!+*by GayIthacanFollow .


    In what may be an excellent sign of good to excellent job numbers to come tomorrow and Friday, the Gallup TRACKING POLL of the Unemployment Rate and Number of People EMPLOYED both improved by .4% over the past weel.

    Unemployment dropped from 7.5% to 7.1% - and the number of people EMPLOYED rose by the same 0.4% in the current polls.

    Gallup Employment Numbers

    .
    This could bode well for tomorrow and Friday's jobs and unemployment reports - as Gallup showed an almost exact match last month when the National Unemployment Rate fell from 8.1% to 7.8%

    LINK
     
  5. LordBrownTrout
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    LordBrownTrout Gold Member

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    So what happened to that missing 7.8 to 7.5 gap?
     
  6. Mac1958
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    Mac1958 Platinum Member

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    Yeah, hard to say. There has been some job growth, ADP's numbers sound weaker than what I'm hearing. And my damn crystal ball is in the shop again...

    .
     
  7. Katzndogz
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    Katzndogz Diamond Member

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    People are shifting from unemployment to a more permanent welfare or disability.
     
  8. JimH52
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    JimH52 Gold Member

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    All he has to do is stay at or near 5% up in Ohio...even Kristie loves him now...
     
  9. Katzndogz
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    Katzndogz Diamond Member

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  10. expat_panama
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    expat_panama Silver Member

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    It's a lot easier to believe what's happened before will happen again than to expect something different. My personal bet is something near or below 7% --to be met with cat calls and disbelief.
     

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