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To: MNJohnnie
Yeah, it's disgusting.

The Underemployed number did not change (still 14.7%.) The number of new jobs was 114,000. It was predicted by economists to be 110-120,000. It was predicted by the BLS to be 115,000. And, since we need about 205,000 new jobs in order to move the needle by -0.1 everyone was saying, 115,000 jobs will keep us at 8.2, maybe even uptick slightly.

This story is almost as flimsy as a "spontaneous demonstration" resulting in the death of the Ambassador to Libya. Not even victims of the American public school system can possibly suffer from the degree of innumeracy required to swallow this line.

9 posted on 10/05/2012 10:50:52 PM PDT by FredZarguna (And that's the end of our show! Doink.)
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To: FredZarguna

Aren’t the numbers “revised” later, mid-month? I know it is wishful thinking in the face of a probable cooking the books, but maybe that household number was truly an abberation and the numbers could be revised to 7.9 or 8.0 when that is done. No?


29 posted on 10/06/2012 6:39:38 AM PDT by MrChips (MrChips)
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