Posted on 10/05/2012 8:27:36 AM PDT by Justaham
Suspicion about the federal government's September jobs report has fallen on Secretary of Labor Hilda Solis, who appeared on CNBC this morning and defended the numbers from the Bureau of Labor Statistics (BLS), claiming--falsely--that upward revisions of 86,000 jobs were from the private sector. In fact, the new number is entirely accounted for by upwards revisions to state and federal government payrolls.
The BLS reported that while only 114,000 jobs were created in September--which would have translated into a rise in unemployment from 8.1% to 8.2%--the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades, and was unexpected even in the rosiest predictions.
One reason for the rise was an upward revision of 86,000 to the July and August jobs numbers--all of which came from a 91,000 increase in the estimate of public sector jobs. Private sector job estimates were actually revised downward by 5,000.
(Excerpt) Read more at breitbart.com ...
The truth about the jobs report will come out to fool no one.
One of the bright analysts they have suggested that you could sell a few things on ebay and be considered "employed"--you could take ten bucks to mow grass and be employed, etc. and that part-time employment is what is driving these numbers!
In other words, the 7.8% is a complete lie and THEY’RE ALREADY GETTING CAUGHT.
This will be picked apart before we even go to sleep tonight.
Burn baby burn..
And to think the new key word for obamma re-election campaign being spouted out today- TRUTH.
CNBC questioned her about this an hour ago and it was classic...the exchange went something like this:
CNBC Host- “sect’y, many on Wall Street are questioning todays unemployment numbers considering new job creation fell short of expectations- what’s your response?”
Broome Hilda Solis- “i’m sorry- i’m having trouble hearing you as its a bit noisy where you are...could you repeat the question”
CNBC Host- “i apologize for the noise- let me REPHRASE the question”...
Broome Hilda’s response was she’s insulted...
Now the liberals will say that Porkulus succeeded. Since the stated goal of Porkulus was to keep unemployment under 8%, they will now say that Porkulus succeeded beyond their wildest dreams! Look for the MSNBC crowd to celebrate these new unemployment numbers!!!
Either way, very suspect numbers....
Reading the comments after the article, looks like a lot of people aren’t buying this BS.
She’s a commie!
---
Drink!
Santelli and Jack Welch are just two who are calling BS on these fake, opportune numbers.
She’s a commie!
He is employed per the Obama administration.
Not far-fetched.
I have heard of people denied unemployment because they did an EMT call w/a $60 stipend within the time period being considered. Evidently, if you receive even $1 for work of any sort, you are not *unemployed*.
If the BLS numbers were real the stock market would be up 400 points. We will be luck if we even end on the plus side today.
The Street knows these BLS numbers are horse-pucky.
“In other words, the 7.8% is a complete lie and THEY’RE ALREADY GETTING CAUGHT.
This will be picked apart before we even go to sleep tonight.”
Everyone KEEP PUSHING on whatever venue you have access to!
This one is NOT going to pass. They took it one step too far this time!
The Obama campaign has employed 750,000 people to blow smoke out of their butts to provide cover for Bozo.
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