Unemployment Down to 7.8%

[beretta304]

Participation Rate is still way to low. Real unemployment still above 11%. Only 114,000 jobs added in Sept which means the rate will likely be revised back above 8% next month.

 

[IHBF]

End the race. Obama won. Romney should just quit.

 

[JustSomeGuy]

I wonder how many people dropped out of the labor market?

 

[NYcarbineer]

ha ha

So much for the GOP's 8% UE talking point.

Unleash the conspiracy theories!!!!!!!!!!!

 

[Rozman]

Participation Rate is still way to low. Real unemployment still above 11%. Only 114,000 jobs added in Sept which means the rate will likely be revised back above 8% next month.

I have been saying for 2 years that this administration would find a way
to get a good UE number right before the election....

I love being right.

 

[Mac1958]

.

Yeah, I was hopeful until I saw the 114,000 new jobs. We need 160,000 just to stay even, that means that a ton of people have stopped looking. Sheeee-it. Not good.

.

 

[NYcarbineer]

I wonder how many people dropped out of the labor market?

I'm guessing Romney will, in about a month.

 

[usmcstinger]

End the race. Obama won. Romney should just quit.

You are really stupid.

 

[Mac1958]

ha ha

So much for the GOP's 8% UE talking point.

Unleash the conspiracy theories!!!!!!!!!!!

Look at the numbers a bit. Only 114K new jobs.

Bad.

.

 

[NYcarbineer]

Participation Rate is still way to low. Real unemployment still above 11%. Only 114,000 jobs added in Sept which means the rate will likely be revised back above 8% next month.

I have been saying for 2 years that this administration would find a way
to get a good UE number right before the election....

I love being right.

See what I mean.

 

[beretta304]

.

Yeah, I was hopeful until I saw the 114,000 new jobs. We need 160,000 just to stay even, that means that a ton of people have stopped looking. Sheeee-it. Not good.

.

The analyst I was watching, some guy named Payne or Paine was skeptical and said it won't stand come the revisions.

 

[Mad Scientist]

So where did those .4% get disappeared to?

 

[Mac1958]

.

Yeah, I was hopeful until I saw the 114,000 new jobs. We need 160,000 just to stay even, that means that a ton of people have stopped looking. Sheeee-it. Not good.

.

The analyst I was watching, some guy named Payne or Paine was skeptical and said it won't stand come the revisions.

Yeah, hard to say. Thing is, very few pay attention to revisions...

.

 

[Mac1958]

So where did those .4% get disappeared to?

They stopped looking.

.

 

[Old Rocks]

Well, this is still the reality;

President Obama 332 Governor Romney 206

RealClearPolitics - 2012 Election Maps - Electoral Map No Toss Ups

 

[NYcarbineer]

ha ha

So much for the GOP's 8% UE talking point.

Unleash the conspiracy theories!!!!!!!!!!!

Look at the numbers a bit. Only 114K new jobs.

Bad.

.

I know what the numbers are. I also know that the rightwing propaganda machine has been trying to simplistically milk that 8% number for propaganda purposes for about 3 years;

now they can try to dance with that shoe on the other foot.

 

[beretta304]

.

Yeah, I was hopeful until I saw the 114,000 new jobs. We need 160,000 just to stay even, that means that a ton of people have stopped looking. Sheeee-it. Not good.

.

The analyst I was watching, some guy named Payne or Paine was skeptical and said it won't stand come the revisions.

Yeah, hard to say. Thing is, very few pay attention to revisions...

.

Unemployment Rate Falls to 7.8% in September: BLS Unemployment Rate and Jobs Report for September On Friday After First Presidential Debate


But it will be released just prior to the election and if it's up...not good for Obama.

 

[AceRothstein]

.

Yeah, I was hopeful until I saw the 114,000 new jobs. We need 160,000 just to stay even, that means that a ton of people have stopped looking. Sheeee-it. Not good.

.

Did you miss the part where the July and August numbers were revised upwards?

 

[beretta304]

Well, this is still the reality;

President Obama 332 Governor Romney 206

RealClearPolitics - 2012 Election Maps - Electoral Map No Toss Ups

Actually it's not the reality...but keep telling yourself that.

 

[JustSomeGuy]

I wonder how many people dropped out of the labor market?

I'm guessing Romney will, in about a month.

Way to avoid my question. In order to get a .3% drop in the unemployment rate while only creating 114K jobs, a large segment of the population had to stop looking for work. I'll wait to see what those numbers are.