114k jobs created in September - Page 6 - TigerDroppings.com

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Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
39643 posts

re: 114k jobs created in September


Born in 78.. 88 was number back when I played sports. No offense taken.





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glaucon
LSU Fan
Baton Rouge, LA
Member since Aug 2008
4227 posts

re: 114k jobs created in September


quote:

I'm just getting to the actual report. The first thing I always notice, the revisions. 86 thousand more were added to (as I understand it) EACH month of July and Aug.


1- They revised the last 2 months. And that's after they revised it last month. In simple terms, they revised the revisions!

I will add as I read...



The jobs numbers are reported with an error rate of + or - 100,000 jobs, which is a huge margin of error. Thus, you really don't have much of an argument about the numbers being revised up.






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Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
39643 posts

re: 114k jobs created in September


No this shite is going to help him in the election. This shite just makes it sickening that the media will not call him out on it like they should. (Or maybe they will that remains to be seen)

When you have the President running around the country making claims that Romney lied in the debate and then will likely point to this number as some sort of great achievement to push his way into a second term its just about as hypocritical as you can get.

They are literally cooking the books and the media needs to call them out on this shite.



This post was edited on 10/5 at 9:03 am


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themunch
LSU Fan
At home/ at work/ it's all the same
Member since Jan 2007
10040 posts
 Online 

re: 114k jobs created in September


Unemployment used to be considered high when it was over 5% or so. We now have a different perspective and standard for our workforce and productivity. We have fallen far. Most of the population does not see this and does not care. I weep and then I pray for better days in our country.








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constant cough
LSU Fan
Lafayette
Member since Jun 2007
36719 posts

re: 114k jobs created in September


quote:

You don't believe that. That's why you keep parroting it.


Actually, I do believe it. Left wing media polls are as believe as jobs numbers from Obama's labor department.

There's no way you can do such a terrible job as president and have the economy in the crapper and get re-elected.

I do believe Obama has already lost but with that debate performance Romney has also won. And he's going to win big as well.


And you say the numbers may be a little bad. Ha! There is no may about it even if you were to take these numbers at face value 7.8% is an awful unemployment number. No way he gets reelected, sorry.






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mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
4800 posts

re: 114k jobs created in September


quote:

The labor participation rate actually went up this time.

Again, even though the experts at CNBC have still yet to acknowledge it, the explanation for the 0.3% drop in U-3 with NO drop at all in U-6 is those 600,000 new part-time workers since last month.


Wouldn't the U-2 number be the most responsible, that fewer people lost their jobs in polling data last month?

Personally I think that looking at the change from month to month is silly. You need to look at a trend in the data, not react to every new data point. But unfortunately both sides play that game every month.






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MississippiLSUfan
LSU Fan
Brookhaven
Member since Oct 2005
10417 posts

re: 114k jobs created in September


Holy shite. We really DO live in a country that controls the numbers in an effort to influence a very important election.

I hope that most people understand how sad and possibly illegal this is.

frick! I'm at a loss for words. Are we really going backwards in history with all of this up to date and constant spinning of the numbers to achieve an agenda?
PRAVDA during the Cold War pulled this shite.

Amazing and terrible to say that we are where they were then.






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mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
9209 posts
 Online 

re: 114k jobs created in September


quote:

The jobs numbers are reported with an error rate of + or - 100,000 jobs


That is a staggering margin of error. When the economy is only adding an average of 150K jobs a month, that means it could be off by 2/3. That is astounding. This a literally making me want to vomit.






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CptBengal
USA Fan
BR Baby
Member since Dec 2007
39317 posts
 Online 

re: 114k jobs created in September


quote:

Amazing and terrible to say that we are where they were then.




the worst part is there is a section of our populace that cheers our race into mediocrity.







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mytigger
USA Fan
Member since Jan 2008
12270 posts

re: 114k jobs created in September


CNN stating only 4.3M jobs added compared to the 8.8M jobs that have been lost.







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Navytiger74
LSU Fan
Washington
Member since Oct 2009
15520 posts

re: 114k jobs created in September


quote:


the worst part is there is a section of our populace that cheers our race into mediocrity.


American is not a race, Bengal. What ever do you mean?






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22711 posts

re: 114k jobs created in September


Doh!


This post was edited on 10/5 at 9:06 am


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darkhorse
Member since Aug 2012
7043 posts

re: 114k jobs created in September


quote:

The jobs numbers are reported with an error rate of + or - 100,000 jobs, which is a huge margin of error. Thus, you really don't have much of an argument about the numbers being revised up.



I have NEVER seen a jobs report revised this much. Period. Yes they revise it once, but that's not the case. Read What I stated. The July numbers had already been revised... They changed them again.








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CptBengal
USA Fan
BR Baby
Member since Dec 2007
39317 posts
 Online 

re: 114k jobs created in September


quote:

American is not a race, Bengal. What ever do you mean?



there's no way to construe that as racial, at all.

I'm sorry as an angry black man that you see things through some racist filter. I weep for your sad life.






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glaucon
LSU Fan
Baton Rouge, LA
Member since Aug 2008
4227 posts

re: 114k jobs created in September


quote:

That is a staggering margin of error. When the economy is only adding an average of 150K jobs a month, that means it could be off by 2/3. That is astounding. This a literally making me want to vomit.


Honestly, we just pay way to much attention to the month to month numbers. We should only really be paying attention to the revisions and numbers from 6 months ago which are much more accurate.






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90proofprofessional
LSU Fan
Member since Mar 2004
9004 posts
 Online 

re: 114k jobs created in September


so is this actually good economic news?





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tylercsbn9
LSU Fan
Tomball, TX
Member since Feb 2004
54872 posts

re: 114k jobs created in September


More analysis

LINK






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Navytiger74
LSU Fan
Washington
Member since Oct 2009
15520 posts

re: 114k jobs created in September


quote:

I'm sorry as an angry black man that you see things through some racist filter


frick you callin' angry?




Once in a while, being here is fun.







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CptBengal
USA Fan
BR Baby
Member since Dec 2007
39317 posts
 Online 

re: 114k jobs created in September


quote:

frick you callin' angry?


you. Anyone who sees that comment through some racial filter has deep seeded issues.

Like I said, I weep for your sad life.






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glaucon
LSU Fan
Baton Rouge, LA
Member since Aug 2008
4227 posts

re: 114k jobs created in September


quote:


frick you callin' angry?


I hope my 9000th post is nearly that awesome






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