Unemployment drops to 7.8%, labor force up. (user search)
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  Unemployment drops to 7.8%, labor force up. (search mode)
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Author Topic: Unemployment drops to 7.8%, labor force up.  (Read 4534 times)
Oakvale
oakvale
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Posts: 11,827
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E: -0.77, S: -4.00
« on: October 05, 2012, 07:36:47 AM »
I think we can safely call this good news for Obama. Wink

Key point -

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What debate?
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Oakvale
oakvale
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*****
Posts: 11,827
Ukraine
Political Matrix
E: -0.77, S: -4.00
« Reply #1 on: October 05, 2012, 07:40:51 AM »
Don't these revisions basically show that Q3 was pretty good, all things considered?
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Oakvale
oakvale
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*****
Posts: 11,827
Ukraine
Political Matrix
E: -0.77, S: -4.00
« Reply #2 on: October 05, 2012, 07:43:27 AM »
Quote from: Politico on October 05, 2012, 07:41:09 AM

Maybe mediocre jobs reports are good news in Europe, but America expects better.

Eh, look past the headline number - it's a pretty solid report.
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Oakvale
oakvale
Atlas Icon
*****
Posts: 11,827
Ukraine
Political Matrix
E: -0.77, S: -4.00
« Reply #3 on: October 05, 2012, 08:05:48 AM »
Quote from: J. J. on October 05, 2012, 08:04:42 AM
Politically, very good numbers for Obama.  The only "bad" thing was that the unemployment rate isn't below where it was at his start date, and no one was expecting it to be better.

Quote from: Oakvale on October 05, 2012, 07:40:51 AM
Don't these revisions basically show that Q3 was pretty good, all things considered?

Probably that Q3 was unnecessary. 

Q3, not QE3. Tongue
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Oakvale
oakvale
Atlas Icon
*****
Posts: 11,827
Ukraine
Political Matrix
E: -0.77, S: -4.00
« Reply #4 on: October 05, 2012, 02:27:43 PM »
Quote from: Mr.Phips on October 05, 2012, 02:08:08 PM
Um no.  These numbers were clearly jimmied.  The unemployment rate does NOT fall by .3% when the economy adds only 114,000 jobs.  It rarely even happens when it adds 300,000+ jobs.  Something smells here.

Ignore list time, at long last.
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