October Surprise: Unemployment Drops to 7.8% — But Skepticism Abounds
- Unemployment drops to 44-month low to 7.8%
- However, many are questioning the numbers due to “contradictory data points” such as the total employment level soaring but the low net number
- Government says 873K people found work — but reports only 114K new jobs were added
- Former GE CEO alleged fraud, sending a tweet saying “these Chicago guys will do anything”
- Popular finance blog Zero Hedge even called it a “preelection ‘massaging’ farce”
In what will be one of the most influential jobs reports of the election season, unemployment fell from 8.1% to 7.8% in September, dropping below 8 percent for the first time in nearly four years. The private sector added 114,000 new jobs in September.
While another report will be released three days before the election, Friday’s report is the one that will provide the bulk of material on the campaign trail during the election’s crucial final month.
The numbers, however, are perplexing to CNBC, which notes that there are some oddities:
The report presented a slew of contradictory data points, with the total employment level soaring despite the low net number.
The falling jobless rate had been a function as much of the continued shrinking in the labor force as it was an increase in new positions.
But the government said the total number of jobs employed surged by 873,000, the highest one-month jump in 29 years. The total of unemployed people tumbled by 456,000.
The labor force participation rate, which reflects those working as well as looking for work, edged higher to 63.6 percent but remained around 30-year lows. The total labor force grew by 418,000, possibly accounting for the relatively modest net level of job growth.
Economists were expecting 113,000 more jobs and the rate to rise to 8.2 percent. Last month saw 142,000 new jobs as the rate dropped from 8.3 percent in July.
Those oddities have not gone unnoticed. Finanical guru Jack Welch sent a tweet alleging the numbers were politically motivated:
Popular finance blog Zero Hedge echoed that sentiment, calling it a “complete preelection ‘massaging’ farce.”
So what’s going on?
As Business insider notes, there are actually two jobs surveys released every month: “There’s the Establishment Non-Farm Payrolls report, which surveys businesses, and the household survey, which surveys households, the latter of which is always more volatile.”
And according to that latter survey, there were 873K people who found jobs, and the unemployment rate fell. However, according to the former survey, Zero Hedge says, only 114,000 new jobs were added. And that’s where the discrepancy is in the report: While one survey asking households claims 873K became employed the businesses survey reports only an increase in 114K new ones. Both numbers, you might notice, are used in the final reporting.
So the question remains: Where did all the jobs come from if only 114K new ones were added?
Considering this, MSNBC host Joe Scarborough was baffled, and fellow panelist Willie Geist notes that rate should have been around 8.1%:
Ed Butowsky of Chapwood Capital Investment shared similar concerns on Fox Business Channel:
The report released in September detailing August’s numbers showed an unemployment drop, too, from 8.3 percent to 8.1 percent. But while the numbers indicated a decrease, the news wasn’t that good. Our own Becket Adams explained at the time:
U.S. employers added only 96,000 jobs last month and the unemployment rate fell to 8.1 percent from 8.3 percent in July, the Bureau of Labor Statistics announced Friday morning.
What’s going on here? Is this a hopeful sign for the economy and the U.S. workforce? Well, not exactly.
First, it needs to be noted that unemployment fell only because more people left the workforce. Actually, a lot of people dropped out.
“However, those numbers were revised higher, with the Labor Department putting July’s number at 181,000 from the previously reported 141,000 and August up from an originally reported 96,000,” CNBC says. In short: the Labor Department said upon further review, those numbers were even better.
Despite Friday’s numbers, however, the Associated Press notes that many of the jobs added last month were part time. The number of people with part-time jobs who wanted full-time work rose 7.5 percent to 8.6 million.
Mitt Romney was quick to respond, saying “This is not what a real recovery looks like” and that if not for all those who have dropped out of the workforce, “the real unemployment rate would be closer to 11%.”
His full statement is below:
“This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office. If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11%. The results of President Obama’s failed policies are staggering – 23 million Americans struggling for work, nearly one in six living in poverty and 47 million people dependent on food stamps to feed themselves and their families. The choice in this election is clear. Under President Obama, we’ll get another four years like the last four years. If I’m elected, we will have a real recovery with pro-growth policies that will create 12 million new jobs and rising incomes for everyone.”
Jobs and the economy has become a central figure of the election, with Romney trying to rally support by pointing out Barack Obama’s poor economic record over the last four years.
Friday’s numbers, however, could offer Obama a retort, especially considering the new level matches its level in January 2009 when President Barack Obama took office.
But they are also raising plenty of questions.
UPDATE I:
CNBC confronted Labor Sec. Hilda Solis over the allegations the numbers were “fixed.” Get her full reaction here.
Rep. Allen West (R-Fla.) backed Welch’s accusation, saying “Chicago style politics is at work here.”
UPDATE II:
Columnist Conn Carroll has a good explanation of the numbers. He says it’s unlikely the numbers were cooked, but that doesn’t mean it isn’t fishy:
While it is highly improbable that BLS conspired to cook the books, there is still a huge 756,000 job gap between the number of jobs employers told the Labor Department they created in September (114k), and the number of Americans who told the labor department that they got new jobs (873k). As the chart below shows, these two numbers never match up perfectly, but this month’s gap, particularly the spike in Americans saying they found jobs, is striking:
While you normally hear the Employer survey number in headlines, it actually has nothing to do with the unemployment rate that also gets reported. The Household survey controls that. And the driving reason the unemployment rate fell from 8.1 percent in August to 7.8 percent in September, is because BLS claims almost 1 million Americans found jobs last month.A million new jobs in a month? Does that sound anything like the economy you and your neighbors are living in?
The Associated Press contributed to this report. This is a breaking story. Updates will be added.
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Comments (486)
FANGS
Posted on October 5, 2012 at 8:49amThis is how the unions will rig the votes in nov. Then War will begin.
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poorrichard09
Posted on October 5, 2012 at 9:07amCall to Labor Dept. late Wed. night: “Quick, cook the unemployment numbers-0bama just got his @ss kicked”!
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WarMunger_Al
Posted on October 5, 2012 at 9:08amfunny how a day after Obama gets his *** handed to him in a debate the Jobless number magically drops below 8% There is nothing but lies being told to the American people
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unsafe
Posted on October 5, 2012 at 9:14amThis is a crock of BS we have more PPL out of work then they are saying…I say BS Liers
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Individualism
Posted on October 5, 2012 at 9:16amyep like the GOP did in the primary for Romney, Karma.
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jdtanker
Posted on October 5, 2012 at 9:17amI think there has to be 125,000 jobs added each month just to keep up with the population.
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cessna152
Posted on October 5, 2012 at 9:20amUnemployment in N. Korea is an astounding 0% !!!! If we keep going in this direction our unemployment will be 0% as well!
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nichevo
Posted on October 5, 2012 at 9:22amWow, the Blazers are downcast by good economic news. Seems kind of un-American to me you guys cheerleading for failure during an election year. I feel pity for you guys, I really do…
101stIraqVet
Posted on October 5, 2012 at 9:32amHey Nichevo, I have some oceanfront property in Arizona to sell, are you in?
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just the facts
Posted on October 5, 2012 at 9:33am@ nichevo
The only people who will believe these numbers as the simple in mind, the die-hard libs and the uneducated not paying attention crowd.
And we ARE Americans
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NHwinter
Posted on October 5, 2012 at 9:36amnichev- No, I feel sorry for you to be so blind to the deceptions to our country so the man whose goal is to destroy America is being helped by fraudulant numbers. How can so many not see what is happening, so many blind to his history and all his mentors who hate America. How can so many be fools.
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cessna152
Posted on October 5, 2012 at 9:38am@nichevo,
It’s the blatant lies we are fed up with …you okay with your leaders lying to you? Would you prefer your doctor lie to you that everything is going great instead of telling you the truth?
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U.N.hater
Posted on October 5, 2012 at 9:39am@FANGS: There won’t be war. Did you see the video of the 15 year old getting beat up by a girlyboy? That’s what this country has become a bunch of WOOSIES!!!!! Nothing will happen obama will get re-elected. It’s very sad to see my fellow country men have lost their way. Till the day come’s that we stand together and take this country back do NOT call yourself an american in my pressence.
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O NEEDS TO GO
Posted on October 5, 2012 at 9:41am@nichevo
Liars figure and figures lie
It is Un-American to lie to the American people who are really hurting so you can get back in office to further destroy their lives. Time for a change, not more of the same
About 100,000 new jobs are needed each month just to keep up with the growth of the working-age population. Twice as many are typically needed on a consistent basis to bring unemployment down rapidly. And 114k does not make the unemployment rate fall 0.3%, complete BS and the books have been burnt beyond recognition to make this happen.
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drattastic
Posted on October 5, 2012 at 9:44amHey lefties (nichevo) . Why doesn’t it seem to bother you when your precious government lies to you ? No need to answer me ,just ask yourself a critical question for once in your life.
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drbage
Posted on October 5, 2012 at 9:49amThe lamestream media is focusing on the scandal in FL with “rigged” registration involving a Republican hired group, yet doesn’t question the 450,000 new voters registered by the unions. You know that something is really smelly when even Joe Scarborough questions the numbers. Another fine example of this administration lying with statistics.
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Gladius_Doctorae
Posted on October 5, 2012 at 9:51am@NICHEVO
“Wow, the Blazers are downcast by good economic news. Seems kind of un-American to me you guys cheerleading for failure during an election year. I feel pity for you guys, I really do…”
OK, so using the same formula to calculate the miraculous job growth, lets use it to pertain to you…The good news is your mom was never pregnant with you. Your father pee’d on the Accu-Stick showing false readings, therefore, you do not exist.
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THEREARE4LIGHTS
Posted on October 5, 2012 at 9:55amYour right. We are to far gone. I’m starting to think the only way to fix the Country is to start over.
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Jal71881
Posted on October 5, 2012 at 10:04amWar will begin,yes. But fear not… The Daily Caller, Red State and Drudge, to name a few, will cut through the drivel and bring perspective in this blatant attempt at a false miracle-in-the-making…..
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JokerWatcher
Posted on October 5, 2012 at 10:06amSurely all normal people are finally realizing the degree of deceipt this administration and it’s
surrogates will go to to effect outcome. These numbers are all bogus. People are desperate and they’re being fed feel-good propaganda lies. Absolutely nothing is truthful with this bunch anymore. This minipulative act should be the final nail in the coffin of this disasterous presidency…
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BehindBlueEyes
Posted on October 5, 2012 at 10:14am@NICHEVO
We’re not cheer leading for failure we just want the truth. We know we’re dealing with the end justifies the means crowd.
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pudssweetie
Posted on October 5, 2012 at 10:20am@NICHEVO, If things are so good, then please explain why it is that my Husband is still out of work? My Husband has been out of work for over 2 years, has applied to every and any job that he has experience in, has sent out too many to count resumes, yet not one job offer. Must be nice to have a job that allows you to remain ignorant and blind.
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dublinthewagons
Posted on October 5, 2012 at 10:30amLabor department employees get new Obama cell phones. No service just cell phones.
That’s OK they aren’t smart enough to use them.
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Go Glenn
Posted on October 5, 2012 at 10:32am•Government says 873K people found work — but reports only 114K new jobs were added
Where were these jobs found? Oh that’s right…….now you can be on welfare and have a job by only going to the massage parlor to get a massage that will help you feel better and more able to actually work. Getting a massage is now declared work!!!!!!
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Zer0
Posted on October 5, 2012 at 10:32amThis is AWESOME!!!! So, does that mean the REAL unemployment numbers are around 12-13%???
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Bluebonnet
Posted on October 5, 2012 at 10:33amRemember the little musical ditty? Someone’s in the kitchen with Dinah, someone’s in the kitchen I know; and they’re cooking the books. Yum, Yum. Has a distinct taste of the Chicago regime.
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encinom
Posted on October 5, 2012 at 10:36amConservatives hate America, they are actually glum over good news. The Tea Party and the GOP are putting their lying White Horse above the American people. Doesn’t surprise me, the Lying White Horse doesn’t care about 47% of the nation and is looking to kill Big Bird.
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ActualAmerican
Posted on October 5, 2012 at 10:38amDear Fangs,
I see comments like yours a lot these days on right-wing sites and was just curious. What does it mean when you say “War will begin”? It’s a serious question – not intended to start some nonsensical partisan back-and-forth.
Does it mean that if Obama wins in November, you are going to start shooting people? Does it mean you are going to gather a militia and start an armed rebellion? Or is it a metaphorical War you’re talking about? “War” in the sense of total political opposition, no holds barred? Or will you arm yourself and start blasting away at anyone you think looks like they may have voted for Obama? Please give the rest of us some details. Thanks in advance.
ambrosia
Posted on October 5, 2012 at 10:39amAin’t no surprise-
the self-proclaimed “Eye Candy” president
is one effin’ sweet tooth LIAR.
He’s brewing his “El Presidente” Honey Ale
in one end of the White House kitchen
and cooking the books, in the other end.
C’mon America-
cook his effin’ goose & gander
and get him the hell OUT of office !
Report this comment
iampraying4u
Posted on October 5, 2012 at 10:46amThey lie alot
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SUNTZU
Posted on October 5, 2012 at 10:57amThe real # is about 20%
Forward now. after re-election it will be
BEND OVER
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Bookster
Posted on October 5, 2012 at 11:01am@encinom, does you mom know that you have chewed through the restraints again and have escaped from the basement? If there is anyone who hates America is is the progressives. Mental midgets like you who actually believe the blatant lies and distortions coming out of the white house for the last 3 1/2 years are the true un-American traitors.
I would be thrilled with this news if it was actually true and wasn’t an obvious manipulation to give 0bama some cover after the ****-kicking he took in the debate. (Hey, I wonder if 0bamakkkare covers **** kickings?) I have been saying for at least 2 years now that if there was a place where I could bet on it, I would put every penny to my name on the fact that they would manipulate the jobs numbers to magically be under 8% just before the election. This guy is that transparent and hollow. Anyone who can’t see it or refuses to acknowledge that fact shouldn’t be allowed in public. Maybe that is why your mom keeps you restrained in the basement. Now go tell your mommy that you got free and are scared of the adults talking in the glowing box. She will kiss your greasy pimply forehead and put the leather straps back on.
Liberalism is a mental disorder. Progressives are a virus. Democrats are Godless.
encinom proves all three of these statements to be true.
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SavvyCowboy
Posted on October 5, 2012 at 11:10amobummer’s theory: “If you’re gonna lie, tell a BIG ONE!” He’s TOAST and he knows it.
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RLaustin
Posted on October 5, 2012 at 11:17amUS unemployment rate fell to 7.8%.
NO WAIT!!!! CORRECTION!!!!!
President Obama Job Approval rate fell to 7.8%.
US unemployment rate UP to 8.4%.
Sorry for confusion.
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AvengerK
Posted on October 5, 2012 at 11:18amENCINOM/MONICNE/SLEAZY HIPPO/ad nauseum….Everyone would be cheering a lower unemployment rate if the reality matched the numbers from Obama’s Labor department. Something is clearly amiss here. Manufacturing jobs are down. GDP almost stalled. The underemployment rate the biggest since WWII. A deluge of part time jobs in this latest report. Salaries down. Just last month we only added 96,000 jobs to the deficit of jobs that Obama still hasn’t made up while 386,000 people left the workforce entirely..and this was a pattern seen over the last 3 months at least.
The 7.8% number is bogus..it stinks to high heaven. The reality doesnt’ match the number. Hilda Solis has a vested interest in seeing Barack Obama relected and what a coincidence..Obama is shamed in the first debate and lo and behold…a historic reduction in the unemployment rate a few days later.
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Evileye
Posted on October 5, 2012 at 11:22amArrival of the tooth Fairy.
Anyone want to buy a bridge?
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mersey
Posted on October 5, 2012 at 11:22amOh, bless these progressive Useful Idiots. These numbers only fool the morons and they already vote for the Democrats. Lets all watch the unemployment rate mysteriously jump right back up after the election. Nothing like progressive magic in times of need. What a bunch of dolts.
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Female
Posted on October 5, 2012 at 11:26amHey, give the guy a break.
He has employed all those part-time Romney protesters at $11 an hour! They will all be fired come November 6 if O wins and maybe January if O loses…..the riot project.
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hangumhi
Posted on October 5, 2012 at 11:32amI sent an email to The Blaze a couple of weeks ago. The email was all about how, in my town of about 40K people (a relatively small town) I noticed on the unemployment office readerboard that they were hiring “census bureau” jobs. These are part time jobs and they were hiring 62 jobs in my little town alone not only are they part time; they’re only there for three months then the people are out of work again. “Census Bureau?” In September? Fishy? Heck yes it’s fishy; it’s a down right scandel and a waste of tax payer dollars just to inflate employment #’s before the election!!
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I support God's Israel!
Posted on October 5, 2012 at 11:34amLie after lie after lie. I do believe Americans are NOW wise to Obama’s LIES and DECEIT.
If Obammmy keeps it up, HE IS SURE TO LOSE IN NOVEMBER.
You go Obammmmy………….keep it up. LUV IT!
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mersey
Posted on October 5, 2012 at 11:46amEncinom is obviously employed in the Vaseline test department. No pain, no gain! Remember Encinom, Vaseline is a petroleum product and not made from solar panels….yet.
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West Coast Patriot
Posted on October 5, 2012 at 12:23pmIt is funny how you guys are, really! You cannot see the forest for the trees. You people say you will hold your nose for Romney, because he stinks so badly, and you say he is the lesser of two evils, but you just do not get reality. Watch: http://www.youtube.com/watch?v=4R4KtYVF-74&feature=youtu.be
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West Coast Patriot
Posted on October 5, 2012 at 12:32pmThis could be another year where a third party makes a huge difference in the election. Here is commentary on the CNN after debate poll: http://www.youtube.com/watch?v=XdWMug16ZdU
Ron Paul supporters are sticking to their guns on not voting Romney. This is going to make it impossible for him to win. You guy’s do know this right?
You want to throw Obama out? Vote Gary Johnson and it may happen, vote for Mitt Romney, another four. At this point in the game, a vote for Romney is a vote for Obama.
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samnjoeysgrama
Posted on October 5, 2012 at 12:45pm“Well done is better than well said.” Ben Franklin
We all know what our personal finances look like and how many friends and relatives are un- or underemployed. Only the Obamazombies will swallow that tripe.
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juliard
Posted on October 5, 2012 at 1:04pmHas anyone considered or researched if the extremely large amount of new part time workers in September might be related to paid protesters or paid attendees to the convention? Just asking.
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Tractorboy
Posted on October 5, 2012 at 1:23pmThis news which everyone knows is a lie, is troll food, and food for fools, it’s only purpose is to convince the base of fools things are getting better, hence Encinom’s and Nichevo’s silly comments, and to give the fools a argument point with their conservative friends. It’s a present from a biased main stream media.
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RGFROMTEXAS
Posted on October 5, 2012 at 3:32pmNational Weather Service………………….Conspiracy
Labor Board…………………………………….Conspiracy
Poll Numbers…………………………………..Conspiracy
State Of Hawaii………………………………..Conspiracy
Columbia University………………………….Conspiracy
Illinois Law Board…………………………….Conspiracy
Wasn’t that President Obama I saw behind the grassy knoll back in 1963 ??
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rick03042
Posted on October 5, 2012 at 5:32pmThere has not been a true statistic since this administration has been in office. Why would they start now ?
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Leadthemtothelight
Posted on October 5, 2012 at 5:43pmIf the truth is to inconvenient than spin it. These numbers are BOGUS! This citizen is seeking a government based upon the truth. We the people of the US deserve the truth no matter how politically damaging it may be to a sitting politician or candidate. Washington guess what?? We all know that we are sitting in the ****…….We know it’s bad. Have some decency and stop lying to us.
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amtsoundsmith
Posted on October 5, 2012 at 6:22pmThe actual Russian translation of NICHEVO is”it cannot be helped.” (NICHEVO = OBAMA)
R&R 2012
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linda58tx
Posted on October 5, 2012 at 6:34pmUnemployment Rate Plummets to 4.3%–For Government Workers
By Terence P. Jeffrey
October 5, 2012
Obama hires thousands of gov’t workers thus padding his jobs report numbers..What about all the people that are just regular folks looking for a job?? Pretty obvious huh?
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linda58tx
Posted on October 5, 2012 at 6:39pmUnemployment Rate Plummets to 4.3%–For Government Workers
By Terence P. Jeffrey
October 5, 2012
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rennyangel
Posted on October 5, 2012 at 6:40pmJohn Crudele in the NY Post also always reminds readers that the DOL “invents” every month. c. 50,000 “jobs” that it “feels” vast unemployed have started in their garages and basements and adds the figure into the employment “numbers”–and usually adjusts them a couple months later (on page 95, bottom, left col.). So far this year, Crudele claims, the obozo has actually lost 500,000 of those phantom jobs that have been reported but were never real to begin with and are not counted now.
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Jan Conroy
Posted on October 5, 2012 at 8:45pmThe teachers went back to their classrooms. I’ll bet they are counting some of these as “new” jobs.
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Annapurna
Posted on October 5, 2012 at 9:16pmThis editorial explains much.
IBD Editorials
Viewpoint
Obama Puts Far-Left Erica Groshen In Key Labor Post
By BILL WILSON
Posted 07/18/2012 06:37 PM ET
Five months ago Barack Obama nominated union backer, liberal economist and Federal Reserve bureaucrat Erica Groshen to lead the U.S. Bureau of Labor Statistics (BLS) — the agency best known for calculating the nation’s unemployment rate each month.
Obviously Groshen’s nomination was yet another sop to organized labor — which doled out big dollars and major manpower to help elect Obama in 2008 (and which has already been rewarded handsomely for its efforts).
It was also yet another endorsement of the failed Keynesian interventionism that Obama has continued to foist on our private sector ever since he was elected — with disastrous consequences for our nation’s economy.
But this particular appointment represents much more than just another lifetime left winger being tapped by Obama to fill a lofty taxpayer-funded perch. For starters, Groshen’s background is more explicitly linked to overt anti-American ideologies than any Obama appointee since his infamous “green jobs czar” Van Jones.
Such radical ideological moorings are cause for real concern given that Groshen is being asked to preside over an agency where the inviolability of hard, methodologically obtained data — not the specter of ideological influence — is vital to maintaining institutional neutrality and credibility.
In fact public confi
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HumbleMan
Posted on October 5, 2012 at 9:48pmI see the trolls are out. No, we don’t hate good news ,,, it just that 114,000 jobs is not good news. The math doesn’t work, by my accounting an increase of 460,000 net jobs is needed for it to drop the unemployment rate to 7.8. And this allows for a flat workforce participation rate.
If true, this is the biggest monthly jump in employment in the last 29 years … wow … in less than 48 hours after the crash and burn debate.
So the BLS says 870 thousand jobs added, and employers report 114 thousand. The workforce increased by 415 thousand. So let’s see … BLS says there are 800% more jobs than was expected. I wish it were true. Of course the next report will come out after the election.
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empjag
Posted on October 5, 2012 at 10:45pmIf civil war does happen, at least we know who will have the guns.
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Devildog0166
Posted on October 6, 2012 at 3:05amENCINOM:
I hope you are just jesting. Conservatives don’t hate America we just hate you liberals.Liberals serve no purpose to humanity. They don’t want to work and are lazy, stupid and we all know that they will not EARN their freedom by serving their country when we Veterans that step up to the plate can GIVE them freedom instead.
21 years I served as a Marine getting my “baptism of fire” in Panama in 1989 and concluded on my last tour to Iraq in 2007. Not to mention the first Gulf War where we lived in tents 24/7, Somalia in 1992 and the only place that could possibly be more screwed up than the Muslim world, Eastern Europe mid-90′s.
So, when a glue-sniffing, spray paint inhaling, yellow streak down their back, couldn’t find their anul passage with a funnel while using GPS, moronic liberal waste of human cell tissue says I hate America?
Let’s just say if you were dumb enough to repeat that to my face you would personally be testing how well Obama Care really did work.
Any time you libs want to settle this once and for all, I’m sure that I could find a few of my Veteran brothers and sisters that would be more than happy to meet you jelly skulls anyplace/anytime!
You pukes on the left wouldn’t even have a country to destroy if it wasn’t for the Veterans that serve this country.
You know what VETERANS are don’t you? The ones you on the left make it tough for to vote every election. Without Vets Obama would be in Kenya herding goats with his brother!
Semper F
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KURT1010
Posted on October 6, 2012 at 5:51amFuzzy Math !!!!!!!
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rluzier24
Posted on October 7, 2012 at 11:04amcan someone please tell me if this administration has created 5.2 million jobs in the past 31 months? why do i keep hearing that?
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PeteOH
Posted on October 5, 2012 at 8:48amPay no attention to the man behind the curtain…
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jdtanker
Posted on October 5, 2012 at 9:08amI’m unemployed and my unemployment ran out. Am I still counted? Nope. How many are not counted? Millions?
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TheComic
Posted on October 5, 2012 at 9:14amExactly. Last time job numbers were posted 91 thousand, only to be ajusted by 41 thousand, A number almost half of the 91 thousand posted originally ….. posted in the first place. Are we supposed to believe this? Rightt before and election?
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Individualism
Posted on October 5, 2012 at 9:50amwhen folks are mad enough they will break the glass like in iceland.
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landman1
Posted on October 5, 2012 at 10:24amObama has his ass handed to him by Romney in the debate and we all were expecting this jobless report to show how the country is still in a downward spiral to further the point of a failed president. But miraculously the numbers jump to a level not seen in his whole term of office.
Want to see my “Shock face”?
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CatB
Posted on October 5, 2012 at 11:12amFormer GE CEO alleged fraud, sending a tweet saying “these Chicago guys will do anything”
I agree … .. now people now is the time … WE MUST SAVE OUR COUNTRY… unless you want to live in a country that is ALL CHICAGO all the time.
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Bluebonnet
Posted on October 5, 2012 at 12:54pmYep! Lying again to get a job. Most employers don’t hire liars, but obama expects us to re-hire him again with this disreputable, disgusting trait?
I knew when his behind was kicked good the other night, he and his choom gang would come up with a few little ditties to fool the fools and idiots out there.
This is just the beginning of what we can expect in the next month. It amazes me, those who will lie down and accept this krap thinking they will still get theirs.. If o makes it, we’ll be like Greece. And those with nothing, will have less than nothing, because we’ll all be begging for food.
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kennycannon
Posted on October 5, 2012 at 8:48amEven MSNBC is calling BS on this one.
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HOOT_OWL
Posted on October 5, 2012 at 8:54amMe thinks that’s not rain running down my back.
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Outlaw_Josey_Wales
Posted on October 5, 2012 at 9:10amI know
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Johnny Cocheroo
Posted on October 5, 2012 at 9:13amIt ain’t yer back they’re raining on.
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PA PATRIOT
Posted on October 5, 2012 at 9:14amHot Air, otherwise known as a fart, gas, flattulence, dootzer, and last but not least.. BS.
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Yeah_Buddy
Posted on October 5, 2012 at 10:42amHow can unemployment drop when only 119k jobs added by 150k needed just to keep up with population growth? Hmmm…I call shenanagins.
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101stIraqVet
Posted on October 5, 2012 at 8:48amI knew two years ago unemployment would suddenly be below 8% right before the election.
It’s so obvious what’s going on here. The past two months, economists have said that the unemployment rate will rise due to the weak numbers. Both times they were wrong. There is some heavy manipulating going on here.
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Mil-Dot
Posted on October 5, 2012 at 9:06amDo not ever, EVER believe anything that the “govt” tells you. Everything they say to the American people is a lie. Every report, every statistic, everything.
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AvengerK
Posted on October 5, 2012 at 11:28amRick Santelli on CNBC predicted it almost to the decimal point. He said that the unemployment rate would miraculously fall to 7.9% in the jobs report leading up to the election. The number doesn’t match the reality…how can you have a lower unemployment rate when three times the amout of people have given up looking for work entirely than have actually found work? Better yet..most of the jobs on this report are part time jobs. No…something really stinks with this and I hope congress steps in to expose Solis’ corruption.
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mersey
Posted on October 5, 2012 at 8:47amThe Useful Idiots and morons may be happy today, but just about everyone else knows this report is bogus. Most well known economists were expecting a tick up in the number, not down. Our government munipulates and distorts the numbers to deceive the electorate. Don’t get angry progressives, I know the Republicans would do the same thing if they were in control. But I am sick and tired of our government treating the people like they do in third world countries or communist countries. If you accept this behavior now, it will never get better.
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V-MindMeld
Posted on October 5, 2012 at 8:46amNow we know for sure that the labor department is in obamas hip pocket as suspected,,,,,,I find tis incredibly suspicious and coincidental? huh,,,,,,,the math isnt there either……ofcourse loud mouth will be on the campaign trail bragging on yet another lie and distortion of the truth.. it makes me sick!
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turkey13
Posted on October 5, 2012 at 8:50amOpps! The unions forgot to send in their data.Maybe next mont they will but I’m sure it will be delayed untill the 7 TH.
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just the facts
Posted on October 5, 2012 at 9:01amRight on. The math in no way possible adds up. With more people going on unemployment every week than actually finding employment every week, the numbers just ain’t there. Even if the people who ran out of unemployment benefits is factored in, that .4% drop would still be next to impossible.
This office holder lies for the purpose of deceptions and self interest. For the well being of this country, he must be voted out. (And then watch what the real numbers will come out.)
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CatB
Posted on October 5, 2012 at 11:15am7.8 is still CRAP .. and they can’t get that without lying! Trillions and trillions of dollars and this is the best they can “buy”.
R & R 2012!
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progressiveslayer
Posted on October 5, 2012 at 8:45amIt pays for the regime to be in control of the books,they can cook them all they want. The gullible will believe the BS the regime puts out hopefully they won’t vote to prove their stupidity.
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Gonzo
Posted on October 5, 2012 at 8:53amPeople are smart enought to know that 104K jobs is paltry. The people dumb enough to think this is good news are already solidly in the Obama camp. Fear not.
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progressiveslayer
Posted on October 5, 2012 at 9:06amYeah Barry needed a bump and I’m not talking about the coke he’s used to I mean a bump in the polls after the thrashing he took in the debate and voila unemployment is suddenly below 8%.
End the regime end the madness.
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dublinthewagons
Posted on October 5, 2012 at 10:27amThere is nothing on earth dumber than a NARROW minded progressive democrat. They see the world thru a keyhole, with both eyes at the same time. They only hear lies, and deaf to the truth.
No common sense at all.
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Snowleopard {gallery of cat folks}
Posted on October 5, 2012 at 8:45amNo October surprise: its a October propagandist lies from Team Obama.
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Bookster
Posted on October 5, 2012 at 8:44amWell isn’t that a surprise.
Liberalism is a mental disorder. Progressives are a virus. Democrats are Godless.
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calebjim
Posted on October 5, 2012 at 8:51amThe difference between a terrorist and a Democrat is that the terrorist will take responsibility for their actions.
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PATTY HENRY
Posted on October 5, 2012 at 10:47amGood one !!
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smv803
Posted on October 6, 2012 at 12:50pmLiberalism is a disease and there is no cure. We are their aspirin to counter their numbness!
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hauschild
Posted on October 5, 2012 at 8:44amClassic!
Looks like El Rushbo was right; he called this one months ago.
Folks, we’re living under a 3rd-world regime not unlike Venezuela. Simply astounding.
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progressiveslayer
Posted on October 5, 2012 at 8:52amRush was indeed correct about this and we are living under a tyrant who’s reign will be over in November no matter how much fraud or propaganda the Marxist mulatto POS puts out.
End the regime end the madness.
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BernieKittyCat
Posted on October 5, 2012 at 9:04amThe first thing that crossed my mind was, “Rush was right again.” 99.7% of the time. Do not doubt him!
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TomSawyer
Posted on October 5, 2012 at 4:12pmI was going to write the same comment. I heard him say it too.
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smv803
Posted on October 8, 2012 at 11:35am@progressiveslayer
The number of
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The land I love
Posted on October 5, 2012 at 8:43amWay to go Mr. President, you say you have done so much and everything you’ve promised you’ve fulfilled. You can’t blame anyone else anymore
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80mesh
Posted on October 5, 2012 at 8:42amStalin did this too by killing 3 million russians …less people lowers unemployment numbers
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Konservative PUNK
Posted on October 5, 2012 at 8:41amThe fact of the matter is that the size of the American labor force hasn’t been this low since 1980. The 99 weeks of unemployment were conveniently set to expire just before the election, in order to make the unemployment rate appear to be decreasing, despite the fact that real unemployment rate is in the upper teens. The American people are not stupid, we all know people who are unemployed, if not ourselves. The number could be 4%, you still wouldn’t convince Americans that all is well with the American economy.
ROMNEY – RYAN 2012
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calebjim
Posted on October 5, 2012 at 8:49amThis drop was predicted months ago by some of the talk radio hosts. It is amazing that only 114K jobs created and the rate fell that much. I think that this is an inside job to save the job of the first American Socialist president.
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TerryJ70
Posted on October 5, 2012 at 8:41amThis government is not to be trusted. Very few new jobs created, yet rate goes down. Just another example of corruption and getting away with it.
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skeels12
Posted on October 5, 2012 at 8:48amThats right … you have to look at the true unemployement number …
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Verceofreason
Posted on October 5, 2012 at 8:54amOh I know.
Romney said 23 mil unemployed when the REAL number is 12 mil.
What’s a mother to do?
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Rothbardian_in_the_Cleve
Posted on October 5, 2012 at 9:25amVoR,
If you can explain the change in the household survey to reflect their “adjustment” this month I’ll take you seriously. Heck, if you can explain what the household survey is I’ll be impressed. Furthermore, explain the divergence between u3 and u6. Even better, look at the part time component of participation rate now vs historically and recalc the numbers on a time series basis on FT only.
It’s a lie. It has been for some time. You’re either too stupid to understand it or too corrupt to admit it.
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MSrain
Posted on October 5, 2012 at 9:27amThe gooberment leaves some scraps, and the roaches come running, right Verse?
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Deadbang
Posted on October 5, 2012 at 9:27am@Verce
No the real number is not 12 million unemployed. 12 million are collecting benefits. The real number is more than likely higher than 23 million.
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USALOVER2011
Posted on October 5, 2012 at 9:36amThey can lie they can cheat….American people saw the debate, and the contrast between Mitt and Oboobma is clear, (Good and Evil)…I have full confident that people will prevail!!! Watch Ryan and Biden’s debate Thursday Oct 11…It will be entertaining!!!
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22_year_old_conservative
Posted on October 5, 2012 at 10:02am@idiotofreason
If unemployment was sitting at 12 million unemployed than the unemployment percentage would be .06% that would be quite amazing because that number is economically impossible. Why you as? Because anyone who has taken any economic class would know that 0% unemployment is actually 4.5% because of people in transition from one job to another. So the numbers you pulled out of your **** to protect your dear leader is complete bull crap.
Sencerly,
Person who uses their brain.
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USALOVER2011
Posted on October 5, 2012 at 10:45amYessssss@ 22_YEAR_OLD_CONSERVATIVE, tell the IDIOT…Oh yeah let me tell you this…I am very proud of you…There’s not a lot of young people uses their heads the way you do…Just for that, you have a very bright future ahead….So, congrats!!!
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AvengerK
Posted on October 5, 2012 at 11:57amWell PERCYVERCY….you do recall that Romney did at one point say 23 million unemployed and underemployed right? He made the distinction before the moment you’re trying to spin.
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smv803
Posted on October 8, 2012 at 11:31amWe all saw the debate. Obama has nothing! The lies and the distortions by the left will continue between debates in the hopes there are still some who will continue to believe them. Foolish people will always be fooled.
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RIGS
Posted on October 5, 2012 at 8:41amThese numbers are pure liberal BULLCRAP and any one who believes them are morons.
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LilMissSunshine
Posted on October 5, 2012 at 8:40amI’d like to know who donated their knee caps to produce those numbers???
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smv803
Posted on October 8, 2012 at 11:21amLooks like Hilda may be missing some fingers.
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Want our country back
Posted on October 5, 2012 at 8:40amNew math, by Nov 6 the Unemployment figure will be UNDER 5% but if Mitt Romney should win, he’ll find out it’s REALLY 15%. This is unbelievable!!!!!!!!
Time for obama to get some R & R and see how a man team runs the country.
Donate, Register, Vote ROMNEY/RYAN 2012
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Rothbardian_in_the_Cleve
Posted on October 5, 2012 at 8:39amCough…cough…bullcrap.
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80mesh
Posted on October 5, 2012 at 8:39amStalin did this too … by killing 3 million russians
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Gonzo
Posted on October 5, 2012 at 9:01amHe’ll have “more flexibility in his second term”.
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Zipit
Posted on October 5, 2012 at 9:31amHow many hollow points did they buy?
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Yorzaxt
Posted on October 5, 2012 at 8:39amAnd in a couple weeks they will “revise” the numbers up as they have all year. More government bull playing with numbers.
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Gonzo
Posted on October 5, 2012 at 8:38am104K jobs added is less than half of what is needed to keep up with population growth. Fudge the number any way you want… but it’s still another FAIL for Obama.
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Verceofreason
Posted on October 5, 2012 at 8:55amMuah ha ha ha ha .
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progressiveslayer
Posted on October 5, 2012 at 8:56amWe all knew this was coming G not to worry though we’ll get this monkey off our back come hell or high water.
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Gonzo
Posted on October 5, 2012 at 9:13amYou think 23 million unemployed Americans is funny? Good news? Speaks volumes about you and your ilk Verce.
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deltaecho
Posted on October 5, 2012 at 8:37amRubbish.
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bannedfromCNN
Posted on October 5, 2012 at 8:37amRush was right – Obama would do whatever was necessary to get the unemployment number under 8% just prior to the election…this is criminal.
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Verceofreason
Posted on October 5, 2012 at 8:56amThat’s his job.
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IAMMADDOG
Posted on October 5, 2012 at 9:29amHis job is to ACTUALLY get the unemployment numbers down, not lie about it.
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Zipit
Posted on October 5, 2012 at 9:34amYes VERCE! It is his duty as a Muslim to lie to the infidel!
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mcsledge
Posted on October 5, 2012 at 2:26pmVerceofreason – I know it may be a hard concept for you to understand, but you can’t tell a man he is employed on paper while leaving him jobless and without hope. Numbers on a piece of paper don’t pay the bills and an employeed person (according to our paperwork) no longer needs assistance. That man is now worse off than he was before.
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Malrick
Posted on October 8, 2012 at 1:22amverceofreason, You love these number, though job increase has been too slow to account for them, the reason the number fell was people gave up looking for work. you say Republicans hate America and want it too fail. While your treating people lives like an accounting error, and actually celebrating the fact that you are. I suppose if this is what Obama has made of my country and it it people I do hate what it has be transformed into, but I still care it’s people well the ones who aren’t pompous asses. So go forth and destroy the lives of real people, and celebrate you triumph of fuzzy accounting, after all are we not all mere peasants before the divine grandeur of fascist.
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Texas Hills Patriot
Posted on October 5, 2012 at 8:36amWhat a crock! The biggest drop in unemployment during Obama’s term just happens to be one month before the election. Yes, I’m really skeptical, considering only 114K jobs were created.
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toiletclogga
Posted on October 5, 2012 at 8:40amMore people have left the workforce (retiring baby boomers), or they have given up looking for work (their 2 years of unemployment have expired). These numbers are horrible!
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iblvingd
Posted on October 5, 2012 at 3:10pmHow is it they can give a report like this when employers don’t even send in their quarterly employment reports for the last quarter (july thru Sept) until the end of October? It would be impossible to give any accurate report without the reporting of ALL employers to their individual states who would in turn report to the federal government. Which means it would probable take a month after the quarterly reports for the government to get the fact and figures. WHAT A CROCK OF LIES…. where do they get their felonious figures from? Harry Reid? or Pelosi?
Americans have been duped by our government! If Americans aren’t smart enough to get the facts when you vote this Narcissist President back into office…you are deserving of the hell your life will be when America no longer exists.
This election is a battle to save American, forget the broken party system! America is the glue that has held the world together. Don’t give it away!
http://usneakydevilu.com/2012/04/04/obamas-narcissistic-personality-traits-he-issues-are-ours/
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toiletclogga
Posted on October 5, 2012 at 8:34amThe US economy is dead, and the Muslim Brotherhood is alive! This is the new Dem mantra!
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