Unemployment falls below 8

[aREDSKIN]

. I think it is hilarious that now that the economy is finally back to where Obama picked it up at (after it was broken) that now the Right wants to change the rules about how things are measured. Talk about moving the goal posts.

If you're trying to suggest some grand accomplishment by this admin on the economy then you're just delusional. Yes, any admin had a herculean task to try and right the economy given what was handed to them in 08 but this admin has done poorly IMO. That's not to say any other admin could have done better. We will never know. The task at hand in 08 on the economy was clearly known.

[AsburySkinsFan]

If you're trying to suggest some grand accomplishment by this admin on the economy then you're just delusional. Yes, any admin had a herculean task to try and right the economy given what was handed to them in 08 but this admin has done poorly IMO. That's not to say any other admin could have done better. We will never know. The task at hand in 08 on the economy was clearly known.

So basically you're really mad at Obama because he sucks but you don't know if anyone else could have done any better. That's what we call being a partisan hack. BTW, saying that the economy was clearly know in 08 is dellusional, but thanks for showing us what the latest revisionist history looks like.

[zoony]

We're gonna need to revise the unemployment numbers come Monday morning. I know a kicker in DC that's gonna be looking for a job

[AsburySkinsFan]

Now, now.

As Burgold has correctly pointed out, the Republicans have been pushing the idea that we need a special way of calculating the unemployment numbers (one which just happens to make things appear worse) since Obama got elected.

Fixed it, the worst part is that they never want to retroactively apply those same calculations to Republican administrations. This isn't even moving the goal posts, this is chosing to play a different game when the other team gets the ball.

Interestingly enough is that the Right wants to use U-6 numbers for the Kenyan Muslim sleeper terrorist communist socialist, but then want to use the U-3 numbers for any time prior. And then they think you're stupid for calling them out on it.

[twa]

A interesting look at the jobs picture
http://www.guardian.co.uk/commentisf...antity-quality

It's heartening to see Friday's news that the unemployment rate edged down to 7.8% last month. But let's not get too caught up in celebrations. We need to look beyond the sheer quantity of jobs being created and into the quality of those jobs – something neither presidential candidate seems very interested in talking about.

Buried in the Friday's jobs report is evidence that a disturbing trend continues: the creation of more part-time jobs, many of them low-wage, taking the place of solid middle-class careers. Positions in sectors like manufacturing continued to decline last month, replaced by new jobs in the healthcare, warehousing and retail industries. A lot of these jobs don't allow workers to rack up enough hours to earn healthcare benefits – let alone break out of poverty.

The key data in the new report can be found in a table called "A-8". It shows that more workers are in stuck in part-time jobs because their hours were cut back or they're unable to find full-time positions. The number of workers in this category shot up to 8.5 million in September – an increase of 581,000 from last month. This month's figure is nearly double what it was in September 2007, the eve of the recession.

It's distressing to think that after 20th-century labor struggles won the battle for the 40-hour work week, the 21st-century struggle is a fight for enough working hours to make a living wage. That's not what I'd call progress.

Here's another sobering number: since September 2007, the number of Americans working full-time has declined by about 5.9 million, while the number working part-time jobs has increased by 2.6 million. (The blog Zero Hedge drew up this powerful graph in June to illustrate the trend.) During the recovery, job gains have been concentrated in lower-wage occupations, which grew nearly three times as fast as mid-wage and higher-wage occupations, according to a recent study by the National Employment Law Project.

[AsburySkinsFan]

I sure wish we had some job creators out there.

[twa]

I sure wish we had some job creators out there.

Something holding you back?

just look at the labor pool at your disposal , and money is cheap to borrow

I wish I had a million bucks.

[AsburySkinsFan]

Something holding you back?
just look at the labor pool at your disposal , and money is cheap to borrow
I wish I had a million bucks.

Yet you complain that the jobs are part time, when our gracious and benevolent job creators are avoiding paying out full time benefits by hiring mostly part timers. Seriously, I'd be amazed if anything made you guys on the Right happy. The "job creators" got their tax cuts, they dodn't produce the jobs promised. We get slow growth boosted by part time jobs and you blame Obama.

[aREDSKIN]

We're gonna need to revise the unemployment numbers come Monday morning. I know a kicker in DC that's gonna be looking for a job

If this doesn't happen then it is absolutely obvious that Danny Smith has pictures.

[twa]

The "job creators" got their tax cuts, they dodn't produce the jobs promised. We get slow growth boosted by part time jobs and you blame Obama.

I remember O promising jobs to get the stimulus...who were the 'job creators' that promised jobs for tax cuts? (I'm assuming you don't mean Solyndra and co.)

[AsburySkinsFan]

I remember O promising jobs to get the stimulus...

O promised to create and KEEP 4 million jobs.

who were the 'job creators' that promised jobs for tax cuts?

The politicians and their paid pokespersons on Faux who said that the job creators needed the tax cuts so that hey could provide new jobs. They lied...we get it.

[twa]

So O took credit from the job creators?

[hunterx]

We're gonna need to revise the unemployment numbers come Monday morning. I know a kicker in DC that's gonna be looking for a job

Yes but we should be hiring one at the same time. The force is balanced.

---------- Post added October-7th-2012 at 09:54 PM ----------

It costs a lot more money for companies to hire full time employees. They're hiring part timers--or contractors--just because no one is convinced the market is out of the weeds. If they hire 500 full timers and provide them benefits, then 2 years from now they have to cut jobs...it will cost them too much to pay for their benefits and severance packages. Part time jobs don't necessarily mean 20 hours a week, it could be 35-40 but without benefits.

[AsburySkinsFan]

So O took credit from the job creators?

Only if you blame the job creators for the stimulus spending.

---------- Post added October-8th-2012 at 06:45 AM ----------

, then 2 years from now they have to cut jobs...it will cost them too much to pay for their benefits and severance packages.

While I agree with much of what you wrote, I do have to say that the majority of full time jobs never hear the word severance.

[Buford]

FYI - New talking point was rolled out this morning now that its under 8%. Now you need to throw a number out like 23million Americans are out of work BECAUSE of this President. So, update your chant books.