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9.1% Unemployment Rate Holds Steady
Bureau of Labor Statistics ^ | 10-07-2011 | Staff

Posted on 10/07/2011 5:39:05 AM PDT by Red Badger

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1 posted on 10/07/2011 5:39:15 AM PDT by Red Badger
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To: Red Badger; All

How in the heck it can be this low when there was 400+ layoffs the entire month??


2 posted on 10/07/2011 5:42:26 AM PDT by KevinDavis (What has Ron Paul done in Congress??)
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To: Red Badger

Serious long term unemployment continues to worsen.

Also, no measure of voluntary layoffs and forced early retirements.


3 posted on 10/07/2011 5:44:36 AM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: Red Badger

CNBC termed the 103K figure “robust” job growth. This, of course, includes the return to work of soe 45,000 Verizon workers.

“Robust” would’ve given way to “abysmal” or “meager” had a Republican been sitting in the WH.


4 posted on 10/07/2011 5:45:20 AM PDT by ScottinVA (With "successes" like the Libya adventure, who needs failure?)
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To: Red Badger
http://www.shadowstats.com/imgs/sgs-emp.gif?hl=ad&t=1314970616
5 posted on 10/07/2011 5:45:39 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Red Badger

6 posted on 10/07/2011 5:46:26 AM PDT by WOBBLY BOB (See ya later, debt inflator ! Gone in 4 (2012))
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To: Red Badger
the change for August was revised from 0 to +57,000

Which tells me they don't know sh*t about measuring employment data. An "adjusted" gain of 57K, huh?

7 posted on 10/07/2011 5:46:56 AM PDT by ScottinVA (With "successes" like the Libya adventure, who needs failure?)
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To: ScottinVA

Because CNBC is a POS-filled propaganda network shilling for EVIL.
(That’s why!)


8 posted on 10/07/2011 5:47:00 AM PDT by zzeeman ("We can evade reality, but we cannot evade the consequences of evading reality.")
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To: KevinDavis

They play with the numbers.
The ‘universe’ of jobs gets smaller...........


9 posted on 10/07/2011 5:47:17 AM PDT by Red Badger (Furthermore, I think Obama must be impeached....................)
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To: Red Badger

10 posted on 10/07/2011 5:49:08 AM PDT by WOBBLY BOB (See ya later, debt inflator ! Gone in 4 (2012))
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To: Red Badger; All

I meant the 400+ per week, but you get my drift..


11 posted on 10/07/2011 5:50:46 AM PDT by KevinDavis (What has Ron Paul done in Congress??)
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To: zzeeman
Forgot to add: They LIE, LIE, LIE just like the chief LIAR!
12 posted on 10/07/2011 5:52:32 AM PDT by zzeeman ("We can evade reality, but we cannot evade the consequences of evading reality.")
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To: KevinDavis

I don’t believe those numbers either.
Besides, the monthly unemployment rate is polled, not actual real numbers......


13 posted on 10/07/2011 5:52:49 AM PDT by Red Badger (Furthermore, I think Obama must be impeached....................)
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To: Red Badger
Hussein is a failure!
14 posted on 10/07/2011 5:53:06 AM PDT by Recovering_Democrat
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To: ScottinVA

you heard the bald guy on CNBC talk about the U6 number, which charts real unemployment, take a big jump to 16.5%...


15 posted on 10/07/2011 5:53:39 AM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: KevinDavis
One bright spot:

Government employment continued to trend down over the month (-34,000). The U.S. Postal Service continued to lose jobs (-5,000). Local government employment declined by 35,000 and has fallen by 535,000 since September 2008.

16 posted on 10/07/2011 5:54:18 AM PDT by Red Badger (Furthermore, I think Obama must be impeached....................)
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To: KevinDavis

This has to be explained each and every month, so why should this month be any different

the 401K increase in first-time jobless claims measures ONLY the number of people who filed for unemployment for the first time in a given week

The payroll number of +103K is a different survey, derived from a survey of U.S. employers, private and government. It measures the net change in the number of non-farm workers on payrolls. Every month, many employers dismiss workers and many hire workers. The headline jobs number reports the aggregate of all of those employer payrolls.

The jobless rate is a different survey, derived from a poll of people at their homes. This is a ratio of people who are unemployed and still looking for a job divided by the total labor pool. So about 9-plus percent of the labor pool is out of work.


17 posted on 10/07/2011 5:54:27 AM PDT by Calif Conservative (rwr and gwb backer)
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To: ScottinVA

also- did you see Santelli smack down zero mid-adviser zandy, who was on that panel???


18 posted on 10/07/2011 5:54:39 AM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: ScottinVA

Ballots or jobs....they find them all the time...........


19 posted on 10/07/2011 5:55:28 AM PDT by Red Badger (Furthermore, I think Obama must be impeached....................)
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To: Recovering_Democrat

Unless you’re a red eyed marxist, then he’s a rousing success!.............


20 posted on 10/07/2011 5:57:45 AM PDT by Red Badger (Furthermore, I think Obama must be impeached....................)
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