to 7.8%!! Seems awful suspicious to me two days after the Obama debate debacle. One reporter on Fox says that this will be revised upward in the coming weeks. So WTF??
Read it here.
Read it here.
to 7.8%!! Seems awful suspicious to me two days after the Obama debate debacle. One reporter on Fox says that this will be revised upward in the coming weeks. So WTF??
Read it here.
I think there is a point at which the democrats actually believe that BS walks. They will continue to spout it 'till you and I believe it as well.
And I would bet a large amount of these "part time' jobs are temporary seasonal positions.
Still, many of the jobs the economy added last month were part time. The number of people with part-time jobs who wanted full-time work rose 7.5 percent to 8.6 million, the most since February 2009.
The program is paid for by telecommunications companies through an independent non-profit, not through tax revenue.
Unemployment numbers are published every month, fudged to suit the narrative. But lo and behold, the week after, 'corrections' are quietly published, making adjustments that reflect the real data.
If one were to include statistics of ALL able-bodied adults out of work, underemployed or out of the workforce by choice, the unemployment rate is actually 14.6%. It is unlikely that this fact will go unnoticed as we get closer to November 6th.
.
They only have control of those that refuse to beleive a friggen thing unless it comes from an official White House website, even then in some case some wont beleive it because there to damn lazy to even read it.Be it my age or personality, but I see a fox in every hen-house and I see a whole kite of them here. Everything happens for a purpose and this drop in unemployment happened for a purpose.
Many predicted the Chicago thugs would be out in force following what is now known as "The Great Obama Debate Debacle" Today we saw the first step in this direction. Great Leader just could not sustain a bad report today to cap off the week. He needed something to negate his horrendous performance on Wednesday and today he got it. Anyone who refuses to see this is much too highly addicted to their dailey fix of Kool-Aid.
To have this much control over what the American people hear and are told is a truely sobering fact. Very sad indeed.
FROM CNBC (part of the liberal MSNBC/NBC group) via The Daily Caller:The unemployment rate fell to 7.8 percent Friday, dropping below 8 percent for the first time in nearly four years, according to the Bureau of Labor Statistics. The economy added 114,000 jobs.
The number of workers involuntarily working part-time due to economic reasons rose in September to 8.6 million, from 8 million in August.
“These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job,” the BLS wrote in a release.
“Economists were expecting 113,000 more jobs and the rate to rise to 8.2 percent. Last month saw 142,000 new jobs as the rate dropped from 8.3 percent in July,” CNBC reported.
But the drop in the unemployment rate belies the number of people who are underemployed or have stopped looking for work.
“The U-6 unemployment number, which accounts for the underemployed and those who have given up looking for jobs, held steady at 14.7 percent,” CNBC noted.
Uh oh . . .Total Employment Rises 873,000 To Highest Level Since December 2008
By Noel Sheppard | October 05, 2012 | 08:45
152 154 Reddit3 27
A A
The unemployment rate decreased to 7.8 percent in September, a number certain to impact the presidential race.
Pundits have been saying for months this number had to drop below 8 percent for it not to be a hindrance to President Obama's reelection chances.
The economy added 114,000 nonfarm payrolls in the month according to the Bureau of Labor Statistics with gains in healthcare, transportation and warehousing.
Truly shocking in the report was that the number of unemployed people dropped by 456,000 to 12.1 million.
Maybe more shocking, total employment, as measured by the Household Survey, rose by 873,000 in September to 142,974,000, the biggest one month jump since June 1983.
As such, total employment now stands at the highest level it's been since December 2008 before Obama was inaugurated.
But even more mysterious is the divergence in the two surveys done by the Labor Department.
The Household Survey showed a gain of 873,000 people employed in September - resulting in the surprise drop in the unemployment rate - while the Establishment Survey only showed a rise of 114,000.
Hmmm.
The program is paid for by telecommunications companies through an independent non-profit, not through tax revenue.
Technically you are correct.
However, it is a government mandated program that forces a fee to be charged, regardless of whether you want to participate or not. That is, in effect, a tax that is not technically a tax. Its imposed the same way as a tax, administered essentially the same way as a tax (except through private companies instead of the .gov) and handled as a tax.
Walks like a duck. Quacks like a duck.