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Nearly 400,000 More Jobs Added Than First Thought
Wall Street Journal ^ | September 27, 2012 | By Ben Casselman

Posted on 09/27/2012 11:13:02 AM PDT by Oldeconomybuyer

The Bureau of Labor Statistics on Thursday released an early look at its annual “benchmark revision” of its payroll data. When the preliminary revisions become final early next year, the official data should show that 386,000 more Americans were working in March than previously believed. The private sector did even better, adding 453,000 jobs versus previous estimates.

... There was one symbolic significance to the revision: If the preliminary figures hold, they would suggest that more Americans are now working than when President Obama took office. That doesn’t mean much for the broader economy — there are still more than 4 million fewer Americans working today than before the recession began — but it could carry political weight heading into the November presidential election.

Sure enough, Alan Krueger, chairman of President Barack Obama’s Council of Economic Advisers, took to the White House blog today to tout the revision as another sign that the economy is improving. Less positive for Mr. Obama: the downward revision to second-quarter gross domestic product, which showed the economy grew more slowly earlier this year than previously believed.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Political Humor/Cartoons
KEYWORDS: bhoeconomy; democrats; election2012; journalism; lyingliberals; mcjobs; mediabias; mediapac; obama; obamanomics
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24/7 media bias.
1 posted on 09/27/2012 11:13:05 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Liars figure......


2 posted on 09/27/2012 11:14:58 AM PDT by stocksthatgoup (ZERO DARK THIRTY (coming soon to an embassy near you))
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To: Oldeconomybuyer

Obama is frantic. You cannot overlook 300,000+ jobs.
It’s a lie.


3 posted on 09/27/2012 11:17:01 AM PDT by Wiser now (Socialism does not eliminate poverty, it guarantees it.)
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To: Oldeconomybuyer

Obama is frantic. You cannot overlook 300,000+ jobs.
It’s a lie.


4 posted on 09/27/2012 11:17:12 AM PDT by Wiser now (Socialism does not eliminate poverty, it guarantees it.)
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To: Oldeconomybuyer

These students of Goebbels know you have to tell a giant whopper to be believed. It should have been 50 million more jobs than previously thought.


5 posted on 09/27/2012 11:17:22 AM PDT by MrDem (Founder: Democrats for Cheney/Palin 2012)
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To: Oldeconomybuyer

These people really arent even trying anymore.


6 posted on 09/27/2012 11:17:42 AM PDT by VanDeKoik
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To: Oldeconomybuyer

Sure there was 400k...liars.


7 posted on 09/27/2012 11:17:48 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: Oldeconomybuyer

The Bureau of Labor Statistics, ie, Obama’s propaganda arm.


8 posted on 09/27/2012 11:18:02 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Oldeconomybuyer

So the economy falters heading to the home stretch (May-Sep), making Team Obama realize it will head into November with a net negative job record... and Presto!

They revise it to show Obama now in the black.

BS!!!


9 posted on 09/27/2012 11:18:12 AM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: Oldeconomybuyer

WOO-HOO! Happy days are here again! Every year should be an election year. That way there’d be no end to the daily emesis of “good news” as November comes around.


10 posted on 09/27/2012 11:20:32 AM PDT by PowderMonkey (WILL WORK FOR AMMO)
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To: Oldeconomybuyer

I believe the HUGE MAJORITY were part time at minimum wage.


11 posted on 09/27/2012 11:20:58 AM PDT by Sacajaweau
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To: Oldeconomybuyer

Prove it... I WANT THEIR ****ING NAMES!

LLS


12 posted on 09/27/2012 11:22:32 AM PDT by LibLieSlayer ("if it looks like you are not gonna make it you gotta get mean, I mean plumb mad-dog mean" J. Wales)
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To: Oldeconomybuyer

A good thing these people will not be counting votes this Nov.

No, wait.......


13 posted on 09/27/2012 11:23:30 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Oldeconomybuyer
Snow Job
14 posted on 09/27/2012 11:23:46 AM PDT by Berlin_Freeper (Obama at the UN: The future must not belong to those who slander the prophet of Islam.)
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To: Oldeconomybuyer

They probably combed the police logs for prostitution busts and then decided “that’s a job”...


15 posted on 09/27/2012 11:24:31 AM PDT by Buckeye McFrog
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To: Sacajaweau

Part-time minimum wage jobs for ALL THE YOUNG ILLEGAL ALIENS COMING ACROSS THE BORDER BECAUSE OF OBAMA’S ILLEGAL AMNESTY PROGRAM.


16 posted on 09/27/2012 11:31:48 AM PDT by Obama_Is_Sabotaging_America
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To: Oldeconomybuyer

Are they counting unemployed dead people too?


17 posted on 09/27/2012 11:37:28 AM PDT by GOJPN
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To: Oldeconomybuyer

What are these jobs? Why were they missed? Who is responsible for the miscalculations? Has whoever is responsible for the mistake been fired? This is a huge mistake and someone must be held accountable for failing to do their job properly. This indicates gross negligence at BLS. Why did it take so long to find this out?


18 posted on 09/27/2012 11:40:57 AM PDT by RedEyeJack
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To: Oldeconomybuyer

Are we supposed to believe this BS!!!!!!!!!!!!!!!!!!!!!!!


19 posted on 09/27/2012 11:47:09 AM PDT by qman (The communist usurper must go!)
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To: Oldeconomybuyer
A common quip among Soviet citizens regarding agricultural production propaganda was: “If you want milk take your pail to the radio.”
20 posted on 09/27/2012 11:47:24 AM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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