[C. Edmund Wright]

Call it shameless if you will, but this is one of several pieces from many months ago that explained what would happen to U3 figures and how it would be done - and they have all come to pass exactly as predicted.

[American Constitutionalist]

No, not shameless, prophetic.....

[mellow velo]

For last week's phony unemployment rate, it's almost as if someone from the Obama administration finally realized that instead of being ridiculed by reducing the number of people in the available workforce (the denominator), they should instead cook the books by miraculously coming up with 800k+ people entering the workforce (the numerator).

Either way, it still stinks, and nobody with half a brain is buying it.

[Gay State Conservative]

There’s no lie that they won’t tell.

[Texas Fossil]

From the BLS most recent report-

Here is how the numbers were conjured:

http://www.bls.gov/news.release/pdf/empsit.pdf

“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”

Part time employment increased 600,000 people in September?

This is BS for the BLS.

[Texas Fossil]

And here is a better explanation of how the calculation process has changed over time and a graph to illustrate what the effect really is.

http://www.shadowstats.com/alternate_data/unemployment-charts

This is the Obamanation.

And note the divergence of the blue line (unadjusted BLS data) and the reported BLS data beginning in 2009.

Could not be clearer.

[exDemMom]

I see here a great opportunity for Romney.

Every news report on the <8% unemployment rate followed it up by mentioning that people are falling off the unemployment rolls.

I saw another analysis that said that there was a big jump in part time jobs.

Romney’s team could take those two factors and rip Obama to shreds (figuratively speaking, of course). Fewer workers + more people trying to survive on part time jobs = win for Romney. If he takes advantage of it.

[PMAS]

*

[jakota]

This is pretty simple, really.
You get yourself a (D) donor list of unemployed, call them and ask if they cut the lawn this summer or if they did the dishes this week.

Define lawn mowing and dishwashing as an official part-time job and voila!, ya just got yerself 800,000 new employees.

[oldbrowser]

As predicted, the administration has corrupted the unemployment numbers to the point where most people now consider them worthless.

And of course that was their intention in the first place. By destroying familiar benchmarks it becomes possible to disorient people into accepting a "new normal".

[mike_9958]

I would put Obama’s legacy at a more fundamental level:

He has taught us that breaking the laws don’t matter.
That lying is ok
That oaths are just words with no meaning
There is no such thing as honor
That religion takes a backseat to government
We are no longer one nation under God.
It is every man for himself...

sad...

[csmusaret]

So....how can over 873,000 people come off the unemployment line......when
there were only a little over 114,000 jobs created?????

How the heck do I know!

BUT, luckily I found a transcript of a conversation between two “eminent
economists” discussing this very question!

COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It’s 7.8%.

COSTELLO: That many people are out of work?

ABBOTT: No, that’s 14.7%.

COSTELLO: You just said 7.8%.

ABBOTT: 7.8% Unemployed.

COSTELLO: Right 7.8% out of work.

ABBOTT: No, that’s 14.7%.

COSTELLO: Okay, so it’s 14.7% unemployed.

ABBOTT: No, that’s 7.8%.

COSTELLO: WAIT A MINUTE. Is it 7.8% or 14.7%?

ABBOTT: 7.8% are unemployed. 14.7% are out of work.

COSTELLO: IF you are out of work you are unemployed.

ABBOTT: No, Obama said you can’t count the “Out of Work” as the unemployed.
You have to look for work to be unemployed.

COSTELLO: BUT THEY ARE OUT OF WORK!!!

ABBOTT: No, you miss his point.

COSTELLO: What point?

ABBOTT: Someone who doesn’t look for work can’t be counted with those who
look for work. It wouldn’t be fair.

COSTELLO: To whom?

ABBOTT: The unemployed.

COSTELLO: But they are ALL out of work.

ABBOTT: No, the unemployed are actively looking for work. Those who are out
of work gave up looking and if you give up, you are no longer in the ranks
of the unemployed.

COSTELLO: So if you’re off the unemployment roles that would count as less
unemployment?

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment just goes down because you don’t look for work?

ABBOTT: Absolutely it goes down. That’s how Obama gets it to 7.8%. Otherwise
it would be 14.7%. He doesn’t want you to read about 14.7% unemployment.

COSTELLO: That would be tough on his reelection.

ABBOTT: Absolutely.

COSTELLO: Wait, I got a question for you. That means there are two ways to
bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

ABBOTT: Correct.

COSTELLO: And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier
of the two is to have Obama’s supporters stop looking for work.

ABBOTT: Now you’re thinking like the Obama Economy Czar.

COSTELLO: I don’t even know what the hell I just said!

ABBOTT: Now you’re thinking like Obama.