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U.S. Economy Added 148,000 Jobs In September
FoxBusiness.com ^ | 10/21/2013 | Dunstan Prial

Posted on 10/22/2013 6:25:53 AM PDT by mykroar

After a delay of more than two weeks caused by the budget impasse in Congress, the Labor Department said Tuesday the U.S. economy added just 148,000 jobs in September, an amount unlikely to persuade the Federal Reserve to begin scaling back its easy-money policies.

The headline unemployment rate fell to 7.2%. Economists had predicted the addition of 180,000 new jobs last month and that the rate would hold steady at 7.3%.

The release of the September jobs report, initially scheduled for Oct. 4, was delayed by the 16-day partial government shutdown due to the fiscal standoff in Congress. The turmoil ended last week with an agreement to temporarily fund the government and suspend the nation’s debt limit.

Analysts said ahead of the release of the labor numbers that the fiscal uncertainty leading up to the Oct. 1 shutdown and the parallel threat of a government default would likely impact hiring in September.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: business; economy; unemployment
Note: date on the website says 10/21, but numbers were released today - so I'm assuming that is wrong.

So less jobs were created than expected (drink!) and the unemployment rate goes down instead of remaining steady. Are they even trying to make the numbers realistic anymore?

1 posted on 10/22/2013 6:25:53 AM PDT by mykroar
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To: mykroar
Are they even trying to make the numbers realistic anymore?

No.

2 posted on 10/22/2013 6:27:14 AM PDT by Zuben Elgenubi
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To: mykroar
Hallelujah!

BTW, the working age population increased by 175,000.

So that's only a net shortage of 27,000!

3 posted on 10/22/2013 6:27:43 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: mykroar

what a steaming pile


4 posted on 10/22/2013 6:30:30 AM PDT by yldstrk (My heroes have always been cowboys)
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To: yldstrk

Added where???? In China?


5 posted on 10/22/2013 6:33:51 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: All

So according to “experts” the partial gubmint shutdown in October is to blame for the lack of employment growth in September. how these people look at themselves in the mirror in the morning and actually take money from an employer to spew this disinformation is something I’d like to know.


6 posted on 10/22/2013 6:35:28 AM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: mykroar

7 posted on 10/22/2013 6:40:27 AM PDT by Zakeet (Democrats haven't destroyed your freedoms ... you can still visit them at the Smithsonian)
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To: mykroar

Today I believe so very little. I wait until morning to see if the sun really will rise in the east.


8 posted on 10/22/2013 6:50:44 AM PDT by massmike (Why doesn't Obama just declare Syria a "chemical weapons-free zone"?)
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To: mykroar

How many of the jobs added recently are busywork government jobs or contractor jobs related to ObamaCare?

Whatever the number is, it’s too many.


9 posted on 10/22/2013 6:50:54 AM PDT by Iron Munro (When a killer screams 'Allahu Akbar' you don't need to be mystified about a motive.)
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To: newnhdad

“disinformation”?-

Comes from the ministry of propaganda -

I met with my family the other night-
All o’bummer NUTS- ALL looking for jobs-

Can’t figure out why no one is hiring!-
and here in Minnesota - the job numbers are supposedly good.


10 posted on 10/22/2013 6:51:53 AM PDT by mj1234
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To: Zakeet
Another Obama First !!!


11 posted on 10/22/2013 6:55:32 AM PDT by Iron Munro (When a killer screams 'Allahu Akbar' you don't need to be mystified about a motive.)
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To: Iron Munro

Liberal response:

This simply isn’t possible, and you are a racist that hates the idea of a black president!


12 posted on 10/22/2013 7:02:22 AM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: mykroar
Image Hosted by ImageShack.us

13 posted on 10/22/2013 7:30:53 AM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: mykroar

What percentage were part-time jobs? The Democrats call these “burger flipper” jobs.


14 posted on 10/22/2013 7:32:53 AM PDT by AppyPappy (Obama: What did I not know and when did I not know it?)
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To: Texas Eagle

Which means we had another .1% drop out of the workforce.


15 posted on 10/22/2013 7:35:18 AM PDT by 9YearLurker
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To: mykroar
Economists had predicted the addition of 180,000 new jobs last month

< /snurk> And which economists are these? I want the names of these useless idiots.

16 posted on 10/22/2013 7:37:40 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: mykroar

Part time employment remained unchanged in Sept


17 posted on 10/22/2013 7:37:43 AM PDT by AppyPappy (Obama: What did I not know and when did I not know it?)
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To: Texas Eagle
So that's only a net shortage of 27,000!

And there's even more good news. The unemployment rate continued to decrease!

18 posted on 10/22/2013 7:39:03 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: mykroar

And laid off over 1.2 million. How many of those found jobs and how many have now been “written off” the unemployment books?


19 posted on 10/22/2013 7:40:21 AM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)
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To: mykroar

“and the unemployment rate goes down instead of remaining steady. “

That is why the Dow is up. Wall Street now sees the Fed not tapering bond purchases. They see low interest rates continuing and see that as supporting stock prices.

In other words; yes they see the fact that people are dropping out of the labor market; and see it as a very bad thing.


20 posted on 10/22/2013 7:42:19 AM PDT by HereInTheHeartland (Under the Democrats; the Lincoln Memorial is closed; but the southern border is open)
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To: mj1234
I met with my family the other night- All o’bummer NUTS- ALL looking for jobs- Can’t figure out why no one is hiring!-

That's why we can never allow socialist policies to go into effect without a fight, hoping that liberals will learn from the disastrous results, because they CAN'T EVEN LEARN FROM FIRST HAND EXPERIENCE.

21 posted on 10/22/2013 7:42:36 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: TurboZamboni

http://www.zerohedge.com/news/2013-10-22/us-somehow-adds-691k-full-time-jobs-september

US Somehow Adds 691K Full-Time Jobs In September

while the September Establishment Survey was a disappointing +148K, far below expectations, it was the Household Survey where the fun was.On the top line, the gain in jobs was comparable to the Establishment number: a timid 133K. However, looking at the breakdown between Full-Time and Part-Time jobs reveals something simply hilarious. The chart below summarizes it. According to the BLS’ magic calculations, in one month, the month during which the so-called uncertainly surrounding the government shutdown hit its peak (if one listens to CEO apologists), the US work force saw the rotation of some 594K part-time workers into a whopping 691K full-time jobs, in addition to adding over 100K net new jobs in the month.


22 posted on 10/22/2013 8:27:17 AM PDT by ltc8k6
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To: HereInTheHeartland

Yes. Per this headline and similar——

Wall Street up on Fed-affirming jobs data


23 posted on 10/22/2013 11:21:46 AM PDT by John W (Viva Cristo Rey!)
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To: Texas Eagle
Does the working age population increase by an average of 175,000 evey month? And that without adding in invaders and legal foreign workers? And the unemployment rate is going down?

My head is spinning.....

24 posted on 10/22/2013 11:24:37 AM PDT by grania
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