Obama has apparently been talking to his buddy Hugo about campaign strategy.
Truly shocking in the report was that the number of unemployed people dropped by 456,000 to 12.1 million.
Maybe more shocking, total employment, as measured by the Household Survey, rose by 873,000 in September to 142,974,000, the biggest one month jump since June 1983.
As such, total employment now stands at the highest level it’s been since December 2008 before Obama was inaugurated.
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.
Total Employment Rises 873,000 To Highest Level Since December 2008 | NewsBusters.org
There is an old saying “Lies, damn lies and statistics”. Nothing new here, move along.
How they managed this was to hire more teachers. 1 million more, in fact. http://suyts.wordpress.com/2012/10/05/oic-doing-it-like-the-eu-does/
I’ve got to say, this was clever. Who’s going to cry about 1 million more teachers on the government payroll? Not many. In the meantime the labor force contracted by 180,000 people, so that further dropped the unemployment rate. We lost real contributors and added 1million wealth extractors.
I don’t know who is going to when the race to the economic bottom, the US, or the Euro zone. It’s a very tight race.
You sound like an extremist, I don’t think you are, but for fuck sake lighten up a bit.
Come to California where I live! We are not at the edge but over the cliff and falling – Gov. Brown says still looks ok(until we hit bottom)! Central Valley unemployment rates of 15% to 30% depending on counties. Warming initiative (prop. 32) to chase away 262,000 jobs and loss of $7.4 billion in taxes ! Now if that is not panic time what is?
Just reporting the facts. I don’t think it’s extreme to show what happened.
Maybe you can tell him about the CO2 tax they have down under, but that maybe extreme too! 😉
I’m just saying! I know you mean well, you just need a kick every now and then to get you going! Kick! btw tell that ‘ME’ guy to shut up and pay his CO2 tax, there’s nothing like taxing fresh air in the morning to make you feel alive.
LMAO! Yeah, Pay yer CO2 tax because…. Shut up! BWAAAAHAHAHAHAHAHA!
Good one ya luker! 😆
I appreciate the information. All I heard prior to this was suspicions voiced about the Labor Dept statistics.
What’s happening is extreme – haven’t you been following the campaign so far? (For that matter, hasn’t it struck you yet that the whole AGW brouhaha is a bit extreme?)
If the Government can adjust temperatures up 2 or 3 degrees, what are a few hundred thousand new hamburger flipping jobs among friends? After squandering 5 trillion or so, you should at least expect a few new jobs.
George Orwell looking prophetic now isn’t he?
I’m wondering what the Household Survey has said going backwards. Who knows, maybe by now there are more people employed than there are people employed or maybe even people.