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UNEMPLOYMENT @ 7.8% BREAKING ON FOX NOW
Fox News Channel ^ | 10/5/12 | Bureau of Labor Statistics/Fox

Posted on 10/05/2012 5:33:13 AM PDT by SoFloFreeper

Just announced!

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


TOPICS: Business/Economy
KEYWORDS: 2012; cookedthebooks; magicnumbers; obamalies; obamamath; octobersurprise; unemployed; unemployment
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To: SoFloFreeper

Let me see if I understand this. If everyone stopped looking for work and dropped out of the calculation than we would see a 0% unemployment figure? Some one help me out here.


61 posted on 10/05/2012 5:48:00 AM PDT by duckman (I'm part of the group pulling the wagon!)
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To: AU72
at the Town Hall debate Obama will have 7.8% posted on his dias.

I think the numbers are bogus. More people dropped out of the work force. And even if the rate did legitimally tick down -- IT'S ABOUT TIME and still not good enough.

62 posted on 10/05/2012 5:49:38 AM PDT by jersey117
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To: SoFloFreeper

Entirely predictable — and won’t make one bit of difference. It’s like getting straight “F’s” all semester long and then bragging to your parents that you got a “C” on the last pop quiz before your report card comes out.

The Romney answer is easy” So, after spending billions of dollars on his much-ballyhooed Obama recovery, throwing millions of people into unemployment, and creating a bankrupt welfare state, the best he can do is get us back to where we were when he first started? Not good. Not good at all.”


63 posted on 10/05/2012 5:50:23 AM PDT by hampdenkid
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To: duckman
Some one help me out here.

If you are unemployed long enough, you are no longer unemployed.

64 posted on 10/05/2012 5:50:32 AM PDT by Roccus
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To: duckman
But the government said the total number of jobs employed surged by 873,000, the highest one-month jump in 29 years.

BS!
65 posted on 10/05/2012 5:51:02 AM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: SoFloFreeper


66 posted on 10/05/2012 5:51:50 AM PDT by Arrowhead1952 ("It's better to vote for a Republican you don't know than wind up with a dim you don't like".)
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To: SoFloFreeper

When will it be adjusted? Like every other month. We all know the real number is closer to 30% because they don’t count college grads, highs school grads and people who have said ‘Screw it. I ain’t looking no mo’”


67 posted on 10/05/2012 5:51:56 AM PDT by Safetgiver ( Islam makes barbarism look genteel.)
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To: duckman

According to the report, the employment participation rate (num of people working) stayed the same from last month.

But you are right, the way it works, if all adults stop working and don’t look for a new job, except 1 person, it’d be 100% employment and 0% unemployment.


68 posted on 10/05/2012 5:52:52 AM PDT by Betis70 ("Leading from Behind" gets your Ambassador killed)
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To: nhwingut

But the MSM won’t call him on the BS. Expect the MSM evening news tonight to feature balloons and confetti.


69 posted on 10/05/2012 5:53:06 AM PDT by AU72
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To: SoFloFreeper; All
Obviously, this number is utter nonsense.

You can't add a measly 114,000 jobs to the economy while having the workforce participation rate uptick slightly, and see the U3 drop 0.3%. At this rate, if we added a mere 3 million jobs to the economy, we'd be at 0% unemployment (U3) - which is obviously not anywhere near reality.

This 7.8% number is contrived. And do you know WHY it is contrived? Because 7.8% was the number for U3 when Bush left office. This number exists solely so Obama and Co. can try to make the case that they've "fixed" what Bush broke. And they know that the average viewer can't or won't reason the numbers through to see what utter nonsense they are - they'll just take a headline at face value without questioning it in the least.

70 posted on 10/05/2012 5:53:06 AM PDT by Yashcheritsiy (It's time to make Obama a minor footnote in the pages of history)
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To: Wyatt's Torch

This is something you’d expect right out of the Soviet Union.....if ANYONE is stupid enough to believe this, America is damned.

They are fixing this big time, it makes absolutely no sense whatsoever and is completely out of trend....


71 posted on 10/05/2012 5:53:09 AM PDT by UKrepublican
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To: Raycpa

Will #2 be the national geographic “Bin Laden” raid special scheduled to run on Nov 4? Odd? Not really. But the media surely isn’t in bed with the clown-mander in chief. Naaaaa!!

Helping keep mankind warm for 65 years.


72 posted on 10/05/2012 5:53:52 AM PDT by rktman
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To: SoFloFreeper

Nov.4th it will be 1.1%!


73 posted on 10/05/2012 5:54:09 AM PDT by Dr. Ursus
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To: Wyatt's Torch

Really? Interesting - is there a link for those not on his twitter feed?


74 posted on 10/05/2012 5:54:51 AM PDT by Yashcheritsiy (It's time to make Obama a minor footnote in the pages of history)
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To: Stars&StripesNE

my daughter is the Queen of Mars....I met her once in my doper days. Don’t worry, I couldn’t talk, walk or be anything but complacent and grin./s


75 posted on 10/05/2012 5:54:59 AM PDT by Safetgiver ( Islam makes barbarism look genteel.)
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To: SoFloFreeper

Congress needs to call that airhead, Hilda Solis, to explain these bogus numbers and how they “created” almost 900,000 jobs out of thin air just to help Obama get re-elected.


76 posted on 10/05/2012 5:56:04 AM PDT by txrefugee
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To: SoFloFreeper

I predicted this ploy months ago.

More b******t from the b*******ter in chief.


77 posted on 10/05/2012 5:56:18 AM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: SoFloFreeper

78 posted on 10/05/2012 5:56:39 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: SoFloFreeper

And there is a sudden real estate boom selling beach front cottages in Arizona.


79 posted on 10/05/2012 5:57:40 AM PDT by albionin
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To: SoFloFreeper

um... yeah right


80 posted on 10/05/2012 5:58:15 AM PDT by Mr. K ("The only thing the World would hate more than the USA in charge is the USA NOT in charge")
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