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US jobless rate falls to 7.8 pct., 44-month low
Yahoo News ^ | October 5, 2012

Posted on 10/05/2012 5:44:02 AM PDT by Oldeconomybuyer

WASHINGTON (AP) — The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate fell because more people found work, a trend that could impact the presidential election.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 2012; bhomcjobs; democratcorruption; election2012; fraud; jobless; lies; mcjobs; propaganda; recovery; unemployment
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To: ScottinVA

Except for the fact that many of those voters are among the real unemployed percentage. Or, know folks who are. They just might believe their lying eyes over this BS.


61 posted on 10/05/2012 6:01:51 AM PDT by John W (Viva Cristo Rey!)
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To: Oldeconomybuyer

I have been predicting for 2 years that they would get it below 8% just before the 2012 election.

That is quite a drop — from 8.1% to 7.8% considering that NEW unemployment numbers have remained over 1.4 million per MONTH.

Those numbers were massaged so much that they probably look like sausage.


62 posted on 10/05/2012 6:02:14 AM PDT by TomGuy
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To: Oldeconomybuyer; All

I told everyone this would happen 2 months ago, last month and yesterday. This was planned. Obama has been (likely illegally) spending what they’ve called “left over stimulus” in the swing states to juice the numbers just before the election - over $400 million in August alone. Call it Obama’s “emergency plan”. Now watch as the media explodes with enthusiasm, and promotes the new meme: Obama saved us and earned a second term. This will hurt Romney big time, with only a month to go (and there will be ANOTHER juiced number 4 days before the election too!)


63 posted on 10/05/2012 6:02:14 AM PDT by montag813
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To: txrefugee
They’ve found half a million jobs there in the last month.

Yes, there's a growing demand for burger assembly technicians these days.

64 posted on 10/05/2012 6:02:38 AM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: Oldeconomybuyer
"A survey of households from which the jobless rate is derived showed 873,000 job gains last month, the most since June 1983. The drop in unemployment came even as Americans come back into the labor force to resume the hunt for work. The workforce had shrank in the prior two months."
65 posted on 10/05/2012 6:03:05 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: newnhdad

Wake up, the liberal have been padding government jobs for years. It just didn’t happen these last four years.


66 posted on 10/05/2012 6:03:15 AM PDT by bmwcyle (Corollary - Electing the same person over and over and expecting a different outcome is insanity)
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To: hcmama
"This is Orwellian."

My thoughts exactly.

67 posted on 10/05/2012 6:03:30 AM PDT by magellan
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http://www.bls.gov/news.release/empsit.nr0.htm

“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...”

Half a million new temp jobs in a month?
I doubt that...


68 posted on 10/05/2012 6:03:52 AM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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And how the heck does it square with this??
http://m.yahoo.com/w/legobpengine/news/us-unemployment-rate-likely-rose-weak-hiring-070212480—finance.html?orig_host_hdr=news.yahoo.com&.intl=US&.lang=en-US


69 posted on 10/05/2012 6:03:59 AM PDT by cardinal4 (If Baraq Hussein Obama had a son he would look like Rageboy)
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To: Oldeconomybuyer

Just as Rush predicted....


70 posted on 10/05/2012 6:04:17 AM PDT by papertyger
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To: Oldeconomybuyer

71 posted on 10/05/2012 6:04:17 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: magellan

How can they get away with saying this?! So tired of this bs!


72 posted on 10/05/2012 6:04:31 AM PDT by Michigander222
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To: Oldeconomybuyer

Love the posts on Yahoo after every pro Obama article or one that seeks to bash Romney. 65% or better go after the media and the Marxist in Chief.


73 posted on 10/05/2012 6:04:33 AM PDT by liberty or death
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To: ScottinVA
Next month it drops to 7.4%.

Next month won't matter, because the election will be over by then.

Then, the real numbers could show up, because it won't matter to Obama, if he wins, and it would hurt Romney, if he wins.

Look for the 'real' number to show up around 9% or so.
74 posted on 10/05/2012 6:05:22 AM PDT by TomGuy
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To: Oldeconomybuyer

75 posted on 10/05/2012 6:05:28 AM PDT by Perdogg (vote like the constitution depends on it - it does)
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To: TomGuy

Me too, always knew they would print an unemployment rate below 8.0% before the election, that is their magic number. Total fraud..... Just watch it magically go way back up by January and February....


76 posted on 10/05/2012 6:05:37 AM PDT by machman
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To: Oldeconomybuyer

These jack offs in the media are cutting their own throats...when this Country falls they will go with it. That is some great strategy right there.


77 posted on 10/05/2012 6:05:50 AM PDT by oust the louse (Obamacare has morphed into a tax on staying alive.)
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To: tsowellfan
Everyone who is unemployed knows they are whether Chris Matthews says so or not.

Yea, but the spin is that "your neighbor" now has a job.

78 posted on 10/05/2012 6:05:50 AM PDT by The Citizen Soldier (Peace is that brief glorious moment in history when everyone stands around reloading.)
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To: Oldeconomybuyer

Q2 GDP cut to 1.3%, but somehow, people are finding work by the hundreds of thousands.

Right.


79 posted on 10/05/2012 6:06:33 AM PDT by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: RayChuang88
don't think that the Bureaur of Labor Statistics information can't be fact-checked, especially in the age of the Internet. Close analysis of the internals could reveal a large number of people giving up on finding a job, and that information could haunt Obama to no end.

Exactly! I'm not one with knowledge enough to do such an analysis but if the info is available to the public I'm sure there are several Freepers who have that knowledge to fact check these numbers.

7.8% from 8.1% - in October? After a whole term of 8%+? After that terrible debate performance?

I expected it to go up .1% but look at the drop.

Holiday hiring perhaps?

80 posted on 10/05/2012 6:06:42 AM PDT by tsowellfan
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