114k jobs created in September | Page 5 | TigerDroppings.com
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Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40872 posts

re: 114k jobs created in September

quote:

I'm just trying to wrap my head around the simple math of only 114K in job addition leading to such a huge drop in unemployment.


The only thing that makes sense is that you have many of the same workers moving from Full Time Jobs to Part Time Jobs added to the addition of the 114k actual new jobs. Otherwise the U-6 should have changed as well.


Looks like it was discussed already:
quote:


Since most people will not know this, it's up to Paul Ryan and Mitt Romney, in their upcoming debates, to repeatedly state that there 600,000 more part-time workers in September than there were in August, and since U-6 remained unchanged, then the only conclusion is that those 600,000 went from full-time status in one month, or were always in part-time status but were counted as full-time workers. They have enough time to be able to find a way to say this in very simple terms, that the average viewer can understand. Both also need to directly ask their opponent if they will acknowledge that the 7.8% figure represents a major shift in employed persons from full-time to part-time, and suggest this is a trend that will continue in another Obama administration.


This post was edited on 10/5 at 8:41 am


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Navytiger74
LSU Fan
Washington
Member since Oct 2009
22092 posts

re: 114k jobs created in September
quote:

The frick?


Those numbers aren't cocksucking horrible. They aren't good. They may even be a little bad. That's about it.

quote:

its good for him due to the spin he will use.. In reality its not a good thing for his presidency is what Im saying.


If it's good for him, it's good for his presidency. What the hell are you talking about?


Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40872 posts

re: 114k jobs created in September
quote:

If it's good for him, it's good for his presidency. What the hell are you talking about?


The Presidency of the United States is about more than temporary numbers manipulated to seek re-election. History judges it.


constant cough
LSU Fan
Lafayette
Member since Jun 2007
40927 posts

re: 114k jobs created in September
quote:

Those numbers aren't cocksucking horrible. They aren't good. They may even be a little bad. That's about it.



Those numbers are not be believed. Those numbers are government numbers.

I mean really how naive are some of you?


wickowick
LSU Fan
Head of Island
Member since Dec 2006
26540 posts

re: 114k jobs created in September
Soon a majority of these part time jobs will be counted as full time jobs when Obamacare changes full time to 30 hours a week...


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tylercsbn9
LSU Fan
Tomball, TX
Member since Feb 2004
56042 posts
Online

re: 114k jobs created in September
quote:

Those numbers are not be believed.


They'll be believed by the ignorant masses that don't actually look into data and instead worry about Honey Boo Boo and American Idol.

That's all that matters.

Obama will tout the 7.8% number until he is blue in the face and not explain anything behind it. Romney won't call him on it b/c Americans are to stupid to understand the math behind it. The govt. make shite like this too hard to understand on purpose.
This post was edited on 10/5 at 8:47 am


glaucon
LSU Fan
Baton Rouge, LA
Member since Aug 2008
4262 posts

re: 114k jobs created in September
If I were a Republican I would be pissed. That said, 7.8 is good enough to win the election.


Navytiger74
LSU Fan
Washington
Member since Oct 2009
22092 posts

re: 114k jobs created in September
quote:

The Presidency of the United States is about more than temporary numbers manipulated to seek re-election. History judges it.


Let me tell you something young man. Every man, and I mean every man, wants to live to fight another day. No president worth his salt has ever sacrificed the possibility of greater glory for some (historically) minor point of accuracy or honesty. History will judge him much more harshly as a one-term president than as a two-term president.


Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
41364 posts

re: 114k jobs created in September
quote:

They'll be believed by the ignorant masses that don't actually look into data and instead worry about Honey Boo Boo and American Idol.

That's all that matters.


Like looking at the front cover of a magazine with a headline and taking it at face value without ever bothering to open the magazine and reading the article or content.



Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40872 posts

re: 114k jobs created in September
Only because he will need a second term to have a miracle turn around to avoid going down as the most ineffective leader in history to date.


Navytiger74
LSU Fan
Washington
Member since Oct 2009
22092 posts

re: 114k jobs created in September
quote:

I mean really how naive are some of you?


Not as naive as your sophomoric "it's over" ass. If you weren't naive, you would have gleaned at least the gist of what I was saying.


Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40872 posts

re: 114k jobs created in September
quote:

That said, 7.8 is good enough to win the election.


Only because it a lie and the sheep will not question it.


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constant cough
LSU Fan
Lafayette
Member since Jun 2007
40927 posts

re: 114k jobs created in September
It is over. Fictitious jobs numbers won't save Obama. He's done.


tylercsbn9
LSU Fan
Tomball, TX
Member since Feb 2004
56042 posts
Online

re: 114k jobs created in September
LINK

quote:

Today’s jobs report is a classic. The report, of course, reveals the results of two surveys, one of households, one of establishments. The professional economists and the press usually emphasize the establishment survey because it is viewed as less volatile. The establishment survey was terrible. The 114,000 number of jobs created on net in September is well below the average for this year (146,000) and the average for last year (153,000). This is wholly consistent with the story that the economy is decelerating sharply as we head into the fall.


quote:

Back when President Bush presided over a jobless recovery, the household survey tended to show better news. At the time, every media organization carefully emphasized the establishment numbers, and warned that the household numbers are suspect. That, of course, is what happens when a Republican is in office. For President Obama, you can expect a household survey lovefest. The AP story that went up at 8:33, of course, emphasized the household survey, even adding, “The decline could help Obama, who is coming off a disappointing debate against Mitt Romney.” Get ready for more of the same.


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Navytiger74
LSU Fan
Washington
Member since Oct 2009
22092 posts

re: 114k jobs created in September
quote:

Catman88


I took the 88 in your name to mean that you were born in 1988. Sorry. It's a stupid assumption--especially considering the fact that I wasn't born in 1974.

I wouldn't have called you "young man" if I realized you were older than I am.


darkhorse
Member since Aug 2012
7701 posts

re: 114k jobs created in September
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...


Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
41364 posts

re: 114k jobs created in September
quote:

If I were a Republican I would be pissed. That said, 7.8 is good enough to win the election.



And there it is, but the real trouble is, those who should be alarmed are not plugged in.


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Navytiger74
LSU Fan
Washington
Member since Oct 2009
22092 posts

re: 114k jobs created in September
quote:

It is over. Fictitious jobs numbers won't save Obama. He's done.


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


Taxing Authority
LSU Fan
Houston
Member since Feb 2010
24207 posts

re: 114k jobs created in September
quote:

7.8 is good enough to win the election.
You've been programmed well.


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mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
9501 posts

re: 114k jobs created in September
quote:

August revised from 96,000 to 142,000? That was a little off, huh?


I'd say more than little off. they are just about the first UPWARD revisions of this administration. Most have been downward of just a few thousand here and there.

A nearly 50 percent revision is completely absurd. Anyone who buys that number at face value is either retarded or bought and paid for by this administration.


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