Well SHAZAAM! Isn’t that amazing! Right beofore the election. Top of the news every half hour for the next month. What a joke.
Too late for the economic debate but at the Town Hall debate Obama will have 7.8% posted on his dias.
THEY LIE!
< /Joe Wilson tone>
Its like a ..... MIRACLE!
Raise thy hands, believe in government and the Won, repent of thy desire to have low taxes and personal responsibility and thou shall have jobs just in time for the election.
Tis truly the bounty of 1.3 GDP and a staggering manufacturing output.
Bull CRAP!!!!!!!!!!!
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.
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.”
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’”
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.
Nov.4th it will be 1.1%!
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.
I predicted this ploy months ago.
More b******t from the b*******ter in chief.
And there is a sudden real estate boom selling beach front cottages in Arizona.
um... yeah right
Includes work at homes, migrant workers and “ self employed contract” hires. Talk about desperate...
I said a year ago, that by election time the “official” unemployment rate would be below 8.0%. As no president has been reelected with it at 8.0% or above. They would simply fudge the numbers. What I have been paying attention too is the participation rate and the actual number of people employed. These numbers are much harder to fake, and they are still terrible....
#BLS - Good headline for BHO but under the hood we just reversed the summer dip and labor force is back to July level (which we thought bad)
Barry Hussein Soetoro has to convince the lemmings (liberals) by jacking the numbers because he can’t do it behind the podium.