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Economy Creates 120,000 Jobs, Rate Tumbles to 8.6%
CNBC ^ | 12-2-2011 | Jeff Cox

Posted on 12/02/2011 5:53:03 AM PST by The_Victor

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To: The_Victor
Rate Tumbles to 8.6%

Riiiiiight..

And there are only 12 million illegal aliens in the U.S...

141 posted on 12/02/2011 4:39:44 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Hot Tabasco

I read somewhere about 6 months ago that the Obama “brain trust” feels he can be re-elected if unemployment is at 8% or better. Watch for the numbers to be cooked between now and next November....


142 posted on 12/02/2011 4:39:55 PM PST by Fu-fu2
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To: ExTxMarine

Yes, and that is exactly what happened. There are many discourage workers who have stopped looking.


143 posted on 12/02/2011 7:29:09 PM PST by MSF BU (YR'S Please Support our troops: JOIN THEM!)
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To: JPJones

Trusted? They’re flat out lies. The only thing that’s changed is that the economy got worse. Bit, hey, it could have been true.


144 posted on 12/03/2011 5:23:57 AM PST by dools0007world
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To: GilGil

Tut, tut—a mere fact. Not important. The only things that are important are Marxists and what they want to believe.


145 posted on 12/03/2011 5:27:44 AM PST by dools0007world
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To: The_Victor

How can we continue to have 400,000+ newly unemployed each week but the rate drop 1% when it would take more than a million more employed to drop the rate that much?

There are 130 million employed, meaning each 1% is about 1.3 million people, yet these liars are trying to say a mere 0.12 million represents a 1% drop.

The Obama liars did this a few months back, claiming the rate was dropping while reporting even higher unemployment.


146 posted on 12/03/2011 8:03:17 AM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: CodeToad

Quite sickening watching the performance on CBS The Early Show this morning as they never mentioned the actual number of folks leaving the work force, described it as some or few and blamed retirements for a lot of that.

They aren’t being any more honest regarding this supposed good news than they were with the perpetual bad news.

On the issue of the stock market they say it will still be volatile because of “those issues affecting it” without discussing “those issues” such as the world economy actually being in the toilet and ready to explode versus their Obama supporting lies.


147 posted on 12/03/2011 8:06:09 AM PST by John W (Natural-born US citizen since 1955)
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To: John W

“those issues affecting it”

They will later claim they “discussed the issues and have not been in the tank for Zero.”


148 posted on 12/03/2011 8:07:59 AM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: The_Victor; blam; SierraWasp; tubebender; stephenjohnbanker

This can get a little confusing with the MSM massaging/lying about the unemployment rate. The latest figures show there is no real joy:

http://www.freerepublic.com/focus/f-news/2814619/posts

Jobless claims back above 400,000 level again
marketwatch.com ^ | December 2, 2011 | Jeffry Bartash

Posted on Thursday, December 01, 2011 6:55:22 AM by John W

WASHINGTON (MarketWatch) — The number of Americans who applied for jobless benefits last week rose above 400,000 again, an indication that the pace of hiring in the U.S. likely remains modest at best.

Initial claims for unemployment compensation climbed by 6,000 to a seasonally adjusted 402,000, the Labor Department said Thursday. It was the highest level in a month.

Applications from two weeks ago were revised up to 396,000 from an original reading of 393,000. Economists surveyed by MarketWatch had expected new requests for jobless benefits to total 393,000 in the week ended Nov. 26, which included the Thanksgiving holiday.


149 posted on 12/03/2011 8:42:27 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave
You know, for the first time I heard some MSM radio, (not so much TV) admissions that this news was to be tempered by those simply dropping out of the workforce!!!

A little bit refreshing for a "change" to go along with the lack of hope from the dope!!!

150 posted on 12/03/2011 8:57:49 AM PST by SierraWasp (I'm done being disappointed by "He/She is the only one who can win" and being embarrassed later!!!)
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To: SierraWasp; Grampa Dave

While Deer Leader heads off to his adopted state of Hawaii for 17 days?


151 posted on 12/03/2011 10:36:10 AM PST by tubebender (I always wanted to be somebody, but now I realize I should have been more specific.)
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To: The_Victor
"...Rate Tumbles to 8.6%..."

Ahahahahahhaaa ahhhaha ahaha...whew! The rate "tumbled"!

152 posted on 12/03/2011 6:22:05 PM PST by rlmorel ("A fanatic is one who can't change his mind and won't change the subject." Winston Churchill)
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To: tubebender; Grampa Dave

As Dana Carvey as the “church lady” on SNL used to say, back in the day... “Well! Isn’t that special!!!” (with fist on hip)


153 posted on 12/03/2011 7:00:28 PM PST by SierraWasp (I'm done being disappointed by "He/She is the only one who can win" and being embarrassed later!!!)
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To: LottieDah

>> seasonal jobs

Indeed. 2,400 per State during the Holiday season. BFD.


154 posted on 12/03/2011 7:04:59 PM PST by Gene Eric (Save a pretzel for the gas jets.)
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To: Gene Eric

Excellent point GE


155 posted on 12/03/2011 7:16:16 PM PST by tubebender (I always wanted to be somebody, but now I realize I should have been more specific.)
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To: The_Victor

How long before the annual propaganda file comes out:

“Unemployment seen rising as declining sales hurt retailers due to cold weather....”


156 posted on 12/03/2011 7:33:36 PM PST by Varsity Flight (Phony-Care is the Government Work-Camp)
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To: JPJones
These numbers are not to be trusted.

It is all in how the numbers are counted ...

In order for the unemployment rate to drop 0.4%, about 450,000 jobs have to be created.

The feds are taking the 315,000 people who DROPPED OFF the unemployment rolls [because they are discouraged or their benfits ran out] and counting them as IF they obtained work [which they DID NOT]. The feds "reasoning"is that if you dropped off the unemploymeny rolls then you MUST be working. Har !!! Har !!!

To this number, the feds then ADD the number of jobs created [140,000] in order to obtain the magic number of 450,000 ...

Smoke and mirrors ...

157 posted on 12/03/2011 9:22:59 PM PST by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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To: Grampa Dave; SierraWasp

If each of the 4,100 U.S. Wal-Mart stores hired 10 seasonal workers that in it’s self is 41,000 jobs


158 posted on 12/03/2011 10:16:54 PM PST by tubebender (I always wanted to be somebody, but now I realize I should have been more specific.)
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To: The_Victor

At this rate, when 50,000 jobs get created in a year from now the unemployment rate will drop by 10%.


159 posted on 12/04/2011 1:46:38 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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