White House: Jobs report further evidence of recovery

politico44 ^ | 10/5/12 | BYRON TAU

[ColdOne]

"The monthly employment and unemployment figures can be volatile, and employment estimates can be subject to substantial revision. Therefore, it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available," Krueger wrote.

[gov_bean_ counter]

One heck of a caviat there...

[VanDeKoik]

“”The monthly employment and unemployment figures can be volatile, and employment estimates can be subject to substantial revision. Therefore, it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available,” Krueger wrote.”

Oh look who’s trying to cover their asses.

That seals it for me.

THIS WHOLE DAMN THING IS MADE UP WHOLE-CLOTH!

[volunbeer]

Did we expect anything less?

I knew what the number would be tomorrow. However, I am surprised they went 2/10ths below. I guess if you are going to lie.... go big.

How many times in the last 3 years has this number been revised upwards?

[Sacajaweau]

We’re not stupid. However...about 47% are...and we don’t mean Vets, seniors....we mean Dem minions.

[volunbeer]

Oops - should say I knew yesterday what the number would be today (below 8)

We all did. It was sadly predictable.

[ILS21R]

I believe the jobs report. And this is Obama's real birth certificate. Certified by the Hawaiian DOH.

[xuberalles]

In July, 181,000 jobs were added: 8.3% unemployment
In August, 142,000 jobs were added: 8.1% unemployment
September, 114,000 jobs were added: 7.8% unemployment.
Yeah, right! Anything to get re-elected!

[Fred911]

[yoe]

The Bureau of Labor Statistics is The Federal Government

A little history:

Five months ago Barack Obama nominated union backer, liberal economist and Federal Reserve bureaucrat Erica Groshen to lead the U.S. Bureau of Labor Statistics (BLS) — the agency best known for calculating the nation's unemployment rate each month.

Obviously Groshen's nomination was yet another sop to organized labor — which doled out big dollars and major manpower to help elect Obama in 2008 (and which has already been rewarded handsomely for its efforts).

It was also yet another endorsement of the failed Keynesian interventionism that Obama has continued to foist on our private sector ever since he was elected — with disastrous consequences for our nation's economy.

You don't suppose Ms. Groshen is 'cook'in the books do you? A little something for her boss?

[Bitsy]

It’s a miracle! It’s a bloody miracle, folks. Obama is a miracle maker/s

[Logical me]

The communists party are hard core liars and there is almost no way to prove a lie is a lie with the power in their hands. The MSM is a tremendous power and most of it is made up of the same communists.

[Excellence]

That’s what they’ve been saying each and every month for the last three and one half years. Romney had all of them posted on his website.

[Lionheartusa1]

,,,,, my bull$h!+ meter just blew a 50 amp fuse ,,, are the sea levels really receding too ??? What next ,,, gas prices drop to $3.99 a gal in Csal. ??? God I love the Messiah ,,,, I wonder why he waited 3 yrs. and 10 months to present these miracles .

[Iron Munro]

White House: Jobs report further evidence of recovery

The "recovery" refered to is Obama's recovery from the thrashing he got Wednesday night.

.

[OrioleFan]

Obama knew he could blow off the debate - he had the number in advance, amd the media will take it from there.

[annieokie]

We all did. It was sadly predictable."""""

Yep, and I predict when Mitt Romney becomes President, those numbers will jump up to or over 10%.

[luvbach1]

Can lower gas prices be far behind?

[Right Brother]

I watched part of a live Obama campaign speech in VA just now on FOX and he was touting the UE numbers. They sure got that into the prepared speech quick, huh?

[yoe]

(October Surprise: Unemployment Drops to 7.8%...).....
However, many are questioning the numbers due to “contradictory data points” such as the total unemployment level soaring but the low net number
Government says 873K people found work — but reports only 114K new jobs were added
Former GE CEO alleged fraud, sending a tweet saying “these Chicago guys will do anything”
Popular finance blog Zero Hedge even called it a “preelection ‘massaging’ farce”