Skip to comments.Obama White House 'Surprised' by Recent Drops in Unemployment Rate
Posted on 12/20/2013 1:36:08 PM PST by ColdOne
(CNSNews.com) - The nation's civilian unemployment rate has dropped from 7.6 percent in June to 7.0 percent in November -- a development that "surprised" the Obama White House.
"The unemployment rate over the last six months has surprised us by coming down more quickly than we had expected or than other forecasters had expected," Jason Furman, the chairman of the White House Council of Economic Advisers, told reporters on Thursday.
"[I]t's come down by an average of one-tenth every month for six straight months, and that was -- you know, people expected something like that to happen over more like a year than a six-month period. So I think what you see a number of forecasters doing is saying, given what we've seen, you know, maybe we have to revise it going forward and assume it'll be lower."
(Excerpt) Read more at cnsnews.com ...
of course, unemployment claims have risen. mathematics just ain’t what it used to be.
If you like “low unemployment rates”, you can keep your “low unemployment rates.” PERIOD! People shouldn’t believe everything they hear from the state controlled “media”. They have no credibility. These figures come from the Obama regime.
Obama White House ‘Surprised’ by Recent Drops in Unemployment Rate
Suprised? I bet they were. Suprised that someone could spin the facts and get the numbers to reflect a drop.
Instead of the truth of the matter, which is unemployment is up.
Figures don’t lie. But liars do figure.
I suppose somehow the “Jobless claims rise unexpectedly to 379,000” announced yesterday helped in lowering the unemployment rate... in the mental defective mind.
These dipsh*ts sure are surprised a lot
You’re using White math and that’s racist! /sarc.
How’s the labor force participation rate doing?
When the census data is managed out of the White Hut and the Census folks are the ones who do the household survey, they can manipulate the unemployment number to be whatever they want. They proved that in last years election. To be “surprised” by the low unemployment number is a bald-faced lie.
The government will say anything to benefit itself.
Translation: “Our policies have been even more successful than we thought, as shown by the (manipulated) employment figures.”
How are they surprised? They make up the numbers.
So am I as the number of claims have gone up. But then, why be surprised when they keep lowering the labor participation rate?
Go figure. Surprised by their own lies
So what are the numbers for those not looking for jobs anymore?
Counting people working two part time jobs, plus Christmas surge, plus dose of Obamalies. Whata suuuurprise!
Somebody is using phony math.
Surprised or disappointed?
all he needs is for about 3 more million to drop out of the work force and we’ll damn near be at full employment
oil production is going up by 1 million barrels a day annually.
That’s pushing up economic activity by about 400 billion dollars a year.
They were surprised because they distinctly remember telling those who compile the numbers to have the big drops begin next Aug/Sep ...
“The black market must be doing very well these days.”
It certainly is here in NJ; scads of illegals working for cash, and they are practically the only ones spending it (as opposed to plastic). Illegal apartments are flourishing (as Americans illegally convert one-family homes to meet rising property tax bills), and the schools are filling with anchor babies (since Americans either don’t breed or flee elsewhere to start a family). We’ve already lost electoral votes, and that trend should continue as more & more of our state is “undocumented”.
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