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Reason For Today's Unemployment Rate Plunge: Part-Time Jobs Surge
ZeroHedge ^
| 10/5/2012
| Tyler Durden
Posted on 10/05/2012 10:27:15 AM PDT by mojito
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Another take on today's rather suprising numbers.
Title was altered for space reasons.
Full title: Reason For Today's Unemployment Rate Plunge: Part-Time Jobs For Economic Reasons Surge Most Since QE1 Announcement
1
posted on
10/05/2012 10:27:19 AM PDT
by
mojito
To: mojito
I have seen a surge of patients in my practice being approved for Social Security Disability. No doubt that 0bama has put the word out to the bureaucrats to approve as many applicants as possible in order to keep people off the workforce stats.
2
posted on
10/05/2012 10:29:37 AM PDT
by
grumpygresh
(Democrats delenda est; zero sera dans l'enfer bientot)
To: mojito
To: mojito
Yeah...they took all that coerced semi-testimony from Walmart, Kohls, Macy’s et al about Christmas part-time hiring plans and extrapolated that to good paying full-time statistics to use before the election....
If this O’bastard is reelected, we won’t hear any more about his troublesome ‘unemployment’ mess any more.
4
posted on
10/05/2012 10:30:40 AM PDT
by
Gaffer
To: mojito
My daughter’s boyfriend was looking for a job and just got a part-time seasonal job. Guess he helped Obama’s numbers.
To: mojito
Reason for unemployment plunge?...
To: AngelesCrestHighway
The unemployment rate is down because the suicide rate is up.
7
posted on
10/05/2012 10:34:09 AM PDT
by
goron
(Obama Gave Me a Free Phone!)
To: mojito
To: mojito
9
posted on
10/05/2012 10:38:17 AM PDT
by
KeyLargo
To: mojito
I can’t disagree. Every burger joint and grocery store within eyeshot has the shingle out for part-time help. Likely can’t get minimum wage people now that Barry has waived the work requirement for welfare.
To: mojito
LOL! And I'm sure they'll lower it again to 6.3% due to the rise in coal stock prices, or for some other bogus reason, come the 2nd presidential debate.
11
posted on
10/05/2012 10:42:10 AM PDT
by
hawaiianninja
(Palm note to self: Work for a successful 2012! +Throw the liberal garbage out!)
To: KeyLargo
12
posted on
10/05/2012 10:43:34 AM PDT
by
Iron Munro
(Obamaspeak: An army of pompous phrases marching across the landscape in search of an idea.)
To: mojito
I used to use government statistics regularly in my consulting practice. Now I know they can no longer be trusted. If they're faking the unemployment statistics and the CPI, I have to wonder what else they're faking.
13
posted on
10/05/2012 10:45:56 AM PDT
by
JoeFromSidney
( New book: RESISTANCE TO TYRANNY. Buy from Amazon.)
To: Iron Munro
14
posted on
10/05/2012 10:49:36 AM PDT
by
KeyLargo
To: mojito
Christmas hiring, its temporary. 750 people are being laid off in the coal belt. Shhhhhhh.
15
posted on
10/05/2012 10:49:36 AM PDT
by
Bringbackthedraft
(Who we elect is not as important as who they bring in with them.)
To: mojito
Actually, there should be less part time jobs what with summer jobs being phased out.
16
posted on
10/05/2012 10:49:45 AM PDT
by
bgill
To: mojito
Perhaps they are all jobs with the campaigns?
Just kidding.
Kind of.
17
posted on
10/05/2012 10:50:49 AM PDT
by
NeoCaveman
("If I had a son he'd look like B.O.'s lunch" - Rin Tin Tin)
To: mojito
582,000? Try 953,000
Part time for economic reasons +582
Slack work or business conditions +306
Could only find part-time work +65
Part time for noneconomic reasons -260
18
posted on
10/05/2012 10:54:14 AM PDT
by
AppyPappy
(If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
To: mojito
Post title is inaccurate...we all know the REASON the numbers are what they are today.
19
posted on
10/05/2012 10:59:58 AM PDT
by
IrishPennant
(Are you behind a "Blade of Grass?")
To: mojito
I was working part-time at a library. My library director asked if I was a “part time person”. I answered, “No, I’m a person all the time. But I work here part time.”
Yes, I did keep my job.
20
posted on
10/05/2012 11:01:36 AM PDT
by
LauraJean
(sometimes I win sometimes I donate to the equine benevolent society)
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