Unemployment Falls To 7.8% After 43 Months of 8% or Higher

towermonkey wrote: Blah blah blah...my candidate is god and your candididate is dirt. Does that pretty well sum it up?

Actually I'm convinced that the data is real, and that there is no statistical noise or seasonal effects. At this rate -0.3%/ month, in another 10 months the UE rate will be 4.8% and all will be good. Good thing the Repubs held the line on spending, rejected Obama's $400 billion jobs package, and kept their "laser focus" on jobs! It looks like the Repub House plan worked after all!

LOL

Yeah...That "laser-like focus on jobs" was sooo successful...

Fact Check: Labor Secretary Solis Misleads on Jobs Revisions

http://www.breitbart.com/Big-Government ... Questioned

I'm sooo not interested in what the tin-foil-hat crowd has. If the President had such control over it, why didn't Bush exert his influence to cover up the 750,000-800,000 jobs/month that he was losing by the end of 2008? ("BLS commissioner Keith Hall, a Bush appointee, left in January, [2012]")


Joseph Stiglitz: Jobs Numbers Conspiracy 'Literally Absurd' (VIDEO)

Y'all have fun now, y'hear? rofllol (Breitbart? rofllol )

One reason might have been that Bush wasn't running for re-election and Geezer and Gidget were a lost cause. I'm pretty sure changing the equation does mean manipulating the outcome but in this case, LOL's right, it does look like real job growth. Kudos to whomever is responsible.

Part-time employment was up - hence the drop in the unemployment number. Long term unemployed essentially unchanged compared to a year ago. Ditto for the unemployment rate of teens, Blacks and Hispanics. Labor participation rate essentially unchanged from a month ago and lower than it was a year ago. I don't know that kudos is due anyone as a result of involuntary part-time employment being up 600K TM. That doesn't sound like something we should be congratulating anyone for achieving.

Democracy4Sale wrote: I'm sooo not interested in what the tin-foil-hat crowd has. If the President had such control over it, why didn't Bush exert his influence to cover up the 750,000-800,000 jobs/month that he was losing by the end of 2008? ("BLS commissioner Keith Hall, a Bush appointee, left in January, [2012]")


Joseph Stiglitz: Jobs Numbers Conspiracy 'Literally Absurd' (VIDEO)

Y'all have fun now, y'hear? rofllol (Breitbart? rofllol )

from the charter member of nothing is Obama's fault because Obama doesn't do anything!!! Have you heard about sins of omission? Washing your hands and not dealing with the legislature is a failing of the man.

Did you know that used tin foil can be shaped into fashionable hats? Or that tin foil can be recycled repeatedly?

More from the HuffPo? Or better known as the Obama disinformation team? rofllol :chillpill:

Democracy4Sale wrote: That's all I need...

Here's Why The Jobs Report Conspiracy Theory Is Baseless

[T]he figures are based on a representative sample, the government narrows down exactly how many people in different categories it will survey before the computer program does its work. For example, a certain number of people surveyed live in urban areas in Texas, in order to represent the share of total U.S. residents who live in urban areas in Texas. That same weighting is done for areas across the country.

The government minimizes variability by interviewing only so many new households every month. On a given month, roughly one-eighth of households surveyed are being interviewed by the government for the survey for the first time, according to Kosanovich. That is because the government interviews the same households up to eight times over a year and a half after randomly selecting them, in order to prevent the unemployment rate from changing because a given cohort was significantly different from the one before.

"We report the data that we get from the survey directly," Kosanovich said. "There's no political influence on our collection or data estimation or release of data."

Furthermore, the Bureau of Labor Statistics is an independent agency that typically has only one political appointee: the commissioner. But BLS commissioner Keith Hall, a Bush appointee, left in January, and Congress has yet to confirm President Obama's nominee.

Others have noted that it is impossible for the BLS to have made these numbers up for political reasons. Hall told the Wall Street Journal on Friday that "the numbers are what they are." And Washington Post columnist Ezra Klein breaks down some of the numbers in the jobs report that are drawing the suspicion of conspiracy theorists.

The short story is that the job truthers' claims are baseless. No conspiracy here.

http://www.huffingtonpost.com/2012/10/0 ... f=business

I'm sooo not interested in what the tin-foil-hat crowd has. If the President had such control over it, why didn't Bush exert his influence to cover up the 750,000-800,000 jobs/month that he was losing by the end of 2008? ("BLS commissioner Keith Hall, a Bush appointee, left in January, [2012]")

Y'know, if you don't like Obama...Don't vote for him...