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‘Real News From The Blaze’: Unemployment Rate Down, But Should Obama Campaign Celebrate?

Oct. 5, 2012 8:00pm Christopher Santarelli

The September jobs report came out Friday and for the first time in over three years, the unemployment rate is below 8.0 percent. At 7.8 percent, the unemployment rate is now its lowest since President Obama took office in January 2009. Looking for good news after receiving universally low debate marks from both sides and seeing Republican challenger Mitt Romney creep back up in the polls, Obama touted the jobs news while on the campaign trail Friday.

During a campaign stop in Virginia, the president said that the jobs report is “a reminder that this country has come too far to turn back now.”

But should he be so quick to celebrate the new numbers which some business leaders, notably GE CEO Jack Welch, have called into question?

On “Real News From The Blaze” Friday Matt McCall and the panel broke down the legitimate places to question the strength of September’s job numbers, and how the report will play out politically with only one more jobs report before the election:

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Comments (14)

uptickusa
Posted on October 8, 2012 at 12:19am
Obama wants to change America

Romney wants to save America-Vote our Savior in

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wildwood
Posted on October 6, 2012 at 11:10am
The job fairy came to town!!!!!!!!The num ber of jobs created plainly do es not equal the drop in unemployment
Obama will not tell you that a lot of the jobs were government jobs( got to grow the government)
They are seasonal jobs for the holidays, part time jobs, not many good paying kobs!!!
Unemployment benifits runn ing out so they are no longer counted, just crossed off the list.
Whent the welfare and food stamps roll starts to drop then you can say we are making progress!!
SORRY TO BUST OBAMA’S BUBBLE., WISH IT WERE TRUE

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jasonsmommy
Posted on October 6, 2012 at 7:48am
You think if they were going to play with the numbers they would have made it look less suspicious. Really from 8.1 to all of sudden 7.8, When only 114k jobs were created and we had 800k unemployed. And just last week we had more people apply for food stamps. And how they got to that number is even more is crazy. Taking from June an July numbers and then adding them to Septembers. And it happens to be within a month of the elections. They must think we are stupid. But the sad part is that there are many out there that are. Romney was right this is not s sign of recovery just lies.

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EduardoJRivera
Posted on October 6, 2012 at 7:15am
It’s all a plan. Since 2010 the media was saying that Obama would not be re-elected if the unemployment was 8% or higher. Then last month they were saying Obama was not going to look good in the debate because of all the practice Romney had in the GOP primaries. Obama did terrible in the debate on purpose, just look at the half ass effort he did in the closing statement. Everybody was talking about the debate, but now that the unemployment numbers came out everybody forgot about his terrible job in the debate. Obama and his people are playing chess with magnets under the board. They make a move , make you react, get you distracted, and then they use the magnets.

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MiCurmudgeon
Posted on October 6, 2012 at 7:13am
Unless the “Jobs Fairy” is real, just before the election the unemployment rate will return to it’s logical figure of slightly over 8%. There is no way adding 114,000 jobs can put 800,000 back to work, unless these jobs are 6 x 4 hour shifts such that one job employs 6 people in a 24 period.

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A.Yeshuratnam
Posted on October 6, 2012 at 12:04am
Is it another stunt of Obama for damage limitation after the debate? Manipulated statement of Obama administration is that the U.S. unemployment rate unexpectedly fell to a near four-year low of 7.8 percent in September, the lowest since Obama took office. Most economists were expecting a slight rise, so the number has raised suspicions that the White House might be cooking the books ahead of the election next month. Jack Welch, the former CEO of General Electric, quickly came outwith a tweet, voicing his suspicion. On his Twitter account he accused theObama administration of manipulating U.S. employment data for political advantage. It will never turn the tide in favor of Obama but will boomerang on him. Clint Eastwood has rightly said, ‘OBAMA IS THE GREATEST HOAX EVER PERPETRATED ON THE AMERICAN PEOPLE

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marcus_arealius
Posted on October 5, 2012 at 11:29pm
The rate of the unemployment portion of the total U2 prothesis is directly proportional to the eliptical power series of the number of employed non-workers that have registered with the HMO division for human calculations in a manner consistent with the square root of a squirrel function in linear correlation with the part time employed over the cube root of the workers who have not filed for food stamps in the past 2 eligible quarters. In other words, Bovine Feces.

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dealer@678
Posted on October 5, 2012 at 11:11pm
Has Amy lost her mind

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CoatTales
Posted on October 5, 2012 at 10:42pm
>>>There are those that will point to this number and call it a success. but we all know the Pres pledge that passing the stimilus, we will have unemployment at 5.6 and shovel ready jobs. years later the Pres said well those jobs werent so shovel ready. and unemployment has been at 8 or higher for the majority of his presidency.
>>>Why did it drop? people leaving the workforce. well why do i want to work when i can get welfare, food stamps, disability, and unemployment without having to look for a job? Now throw in * cough * free health care then my life is set.
>>>There are reasons why signs read * dont feed the animals * because they will become dependent and wont be able to fend for themselves.

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CoatTales
Posted on October 5, 2012 at 10:34pm
People boast the stock market and how it is rising, and the response i give them is yes, it is rising, with the fed printing fake money and handing it to wall street. so as middle america declines to poor status, the divide in america continues. The real numbers are americans leaving with workforce. and with obamas new policy, i dont need to work any more and i still can get food stamps, welfare, unemployment and disability. those that live off this their whole entire lives will only vote to keep it since now they have free *cough* healthcare.
there are reasons why signs are posted * dont feed the animals * because the animals will be dependent and wont be able to fend for themselves.

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700P
Posted on October 5, 2012 at 10:26pm
Hooray!

Things are “statistically” dead even with four years ago and NO ONE was upset with the President then especially now that gas is more than twice as expensive and the dollar is worth less.

This just further shows the level of desperation.

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TreeTrimmerJim
Posted on October 5, 2012 at 9:57pm
Lets see, we have move people on food stamps, welfare and disability than 3 years ago. More people working for government than 3 years ago. National productivity growth lower than last month and last year.

Gold was $970 in 2009 is not $1600 per ounce. Family income down $4,000 since 2009.

And we have lower unemployment than in 2009. Really!!

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woodyee
Posted on October 5, 2012 at 9:21pm
Should they celebrate? Celebration, like today’s phoney unemployment figure, is part of the script!

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Carefreeflyer
Posted on October 5, 2012 at 8:59pm
The Obama regime’s corrupt Labor Department has just doctored the horrible unemployment figures again. Despite bad unchanged fundamentals, the America’s jobless rate magically declined a whopping .3%. Nothing like doctored favorable employment numbers to offset President Obama’s dismal debate performance.

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