Posted on 10/05/2012 5:14:57 PM PDT by Solson
Was there a similiar bump last year in sept? or is there a history of such bumps in sept?
If you look up the Federal Emergency Unemployment Extension you'll see that it ends around Jan 14th. Those who are on this program would have to take whatever they can get at this point.
Anybody who runs out of regular Unemployment now and goes onto this Federal Emergency Unemployment will only be able to collect until the above mentioned date (it's not a situation where if they start it now they get the 99 weeks or whatever amount of weeks the emergency aid offered. It goes only to Jan 14 whether you go on Emergency UE now, or back in august or during the Christmas week). I would also take this into consideration.
So I think that would support my theory simply because very few will wait until the last moment to find that job...maybe that’s me being too generous with work ethic.
Good question. I’ll have to take a look.
This will send a message that the jobs situation in the US is still very bad.
I remember in 2000 the Democrats were making an excuse when the recession started it was in anticipation of Bush becoming President. So they have already admitted this type of economic movement is a possibility.
That’s interesting. It would certainly show strength against some of the perceived weakensses - namely that Romney has a heart, cares about the 47% and is willing to make some moves to shore up personal situations. But, it would add to the debt so I would support it as a political move if it was offset by some very small spending cuts.
It is harvest time around here. Lots of people work for a couple of weeks when the farmers are digging spuds. And then those jobs are gone. I suppose if you are collecting unemployment and do that you should report you are “working”.
According to the BLS website, 529,000 of the household employeed are part time "due to economic reasons" which means they would prefer being full time. The margin of error for the household number is +/- 436,000 which makes it a very unreliable statistic.
I’m not sure its faked or not. You have to read into all the data to find the whole story. It still is not a pretty picture.
After being clobbered in the debate they cherry picked the good data , %7.8 unemployment.
Still Massive underemployment and temporary jobs.
If your one of the former two you can look on the bright side,
but are still hurting, worrying about bills and spending bare minimum to survive.
January’s gonna be very ugly for many.
You have a strong point - people are jumping at any job these days - even very temporary ones.
54% of the 124,000 are seasonal employees making < $15/hr.
Lots of temporary political campaign jobs and all those Halloween costume stores. Nation wide, the Halloween stores employ 30,000 to 40,000 temp jobs.
...which would be where Reid and his party would be caught between a rock and a hard place when they are forced to vote AGAINST that extra aid to help those struggling to find a job in this miserable economy.
No it’s never happened. Zerohedge has the explanation here www.zerohedge.com/news/2012-10-05/strangest-number-todays-jobs-number
The biggest reason to question these numbers is that they came from the 0bama regime and the timing is VERY SUSPECT!
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