Unemployment falls below 8

[AsburySkinsFan]

I don't know about that. The $825 billion we all spent was supposed to keep unemployment below 8% from the get-go.
I guess a couple percentage points in, what, 44 months could be considered a nice return on our investment if your kool aid is blue.

Sure beats the "let it all go to hell" approach advocated by the Right.

[Buford]

Good news. As far as reaction. You'll tell how important this is based on who replies and what they say. If you get any conspiracy stuff, you know the numbers are really good.

[AsburySkinsFan]

Good news. As far as reaction. You'll tell how important this is based on who replies and what they say. If you get any conspiracy stuff, you know the numbers are really good.

Exactly, I posted the Reuters article on my facebook and was met with the same old "false numbers" gig we see here all the time, that comment was immediately liked...both are ver Republican voters.

[Buford]

Exactly, I posted the Reuters article on my facebook and was met with the same old "false numbers" gig we see here all the time, that comment was immediately liked...both are ver Republican voters.

Then you know the numbers bother them....which in a way is some sick sad ****.


and here it comes.

@jack_welch - Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers

[Elessar78]

Exactly, I posted the Reuters article on my facebook and was met with the same old "false numbers" gig we see here all the time, that comment was immediately liked...both are ver Republican voters.

post a link to Tony Fratto's, Deputy Assistant and Deputy Press Secretary to former United States President George W. Bush,. twitter feed:

@TonyFratto
BLS is not manipulating data. Evidence of such would be a scandal of enormous proportions & loss of credibility.

[twa]

Color me skeptical ,at first glance the math seems off

http://newsbusters.org/blogs/noel-sh...-december-2008
The economy added 114,000 nonfarm payrolls in the month according to the Bureau of Labor Statistics with gains in healthcare, transportation and warehousing.

Truly shocking in the report was that the number of unemployed people dropped by 456,000 to 12.1 million.
...
But even more mysterious is the divergence in the two surveys done by the Labor Department.

The Household Survey showed a gain of 873,000 people employed in September - resulting in the surprise drop in the unemployment rate - while the Establishment Survey only showed a rise of 114,000.



Read more: http://newsbusters.org/blogs/noel-sh...#ixzz28QziY5XI

[The Evil Genius]

Party before country!

Did someone say party?

[AsburySkinsFan]

Then you know the numbers bother them....which in a way is some sick sad ****.

and here it comes.

Party before country!

[AsburySkinsFan]

Color me skeptical ,at first glance the math seems off

http://newsbusters.org/blogs/noel-sh...-december-2008
The economy added 114,000 nonfarm payrolls in the month according to the Bureau of Labor Statistics with gains in healthcare, transportation and warehousing.

Truly shocking in the report was that the number of unemployed people dropped by 456,000 to 12.1 million.
...
But even more mysterious is the divergence in the two surveys done by the Labor Department.

The Household Survey showed a gain of 873,000 people employed in September - resulting in the surprise drop in the unemployment rate - while the Establishment Survey only showed a rise of 114,000.


Read more: http://newsbusters.org/blogs/noel-sh...#ixzz28QziY5XI

Of course it does. Frankly, I think it is absolutely hilarious that when you saw the 7.8 number you webt straight to Newsbusters for guidance and direction.

[twa]

Major revisions to the two prior months numbers
http://www.businessinsider.com/septe...report-2012-10

Maybe they have trouble counting??

[ptr77]

It's pretty disgusting when people actually root against their country succeeding because of political bias. Some Democrats and Republicans are guilty of this, it's equally disgusting who ever does it. We have the same problem in Canada. This is great news for America (and the world) and hopefully a trend that continues. Both sides will try to skew this for political gain (obviously), but it is good news either way.

[The Evil Genius]

best thing that can happen to the admin is extremists to jump on this conspiracy stuff. It backfires like birtherism. At least Romney said this isn't what a recovery looks like....though I'm not sure he's ever seen one or created one either.

His idea of a recovery is getting a loan from Mom and Dad.

[Buford]

best thing that can happen to the admin is extremists to jump on this conspiracy stuff. It backfires like birtherism. At least Romney said this isn't what a recovery looks like....though I'm not sure he's ever seen one or created one either.

[Larry]

Cooking the books would involve a conspiracy involving a lot of folks at the DoL/BLS. It doesn't strike me as something O would try to pull off.

I am not sure if it would be wise for Obama to hang his hat on this one. This is good news but how helpful is it to say, "The unemployment rate is very high, exactly where it was when Bush left office, and a lot of people have left the workforce. BOOM! Suck on that Mitt!"

Oh, agreed.

Politically, "Look how great the economy is! And it's all because of me!" probably doesn't fly too well.

This isn't a great economy. It's an economy that doesn't suck quite as bad as it has been.

[The Evil Genius]

best thing that can happen to the admin is extremists to jump on this conspiracy stuff. It backfires like birtherism. At least Romney said this isn't what a recovery looks like....though I'm not sure he's ever seen one or created one either.

His idea of a recovery is getting a loan from Mom and Dad.