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Navytiger74 
LSU Fan
Manama, Bahrain
Member since Oct 2009
10511 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 10:41 am to darkhorse)
quote:
The CBO and other economist are all over the numbers!
Were I Obama, that'd still be my story. Just sayin...
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Zahrim
Colorado Fan
McCamey Texas
Member since Mar 2009
3832 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 10:44 am to Navytiger74)
quote:
Holy shite. How many fell out of the workforce
Personally I fell off in July, did not get a part time job with the Geek Squad until September to help pay bills until I graduate from school in March.
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EST
LSU Fan
Investigating
Member since Oct 2003
10882 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 10:57 am to MFn GIMP)
lies, all lies
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Navytiger74
LSU Fan
Manama, Bahrain
Member since Oct 2009
10511 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:02 am to EST)
quote:
EST
What does the White House insider have to say. I'm sure he can clear this all up for us.
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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
6494 posts
 Online
| re: 114k jobs created in September (Posted on 10/5/12 at 11:02 am to Zahrim)
quote:
quote:
Holy shite. How many fell out of the workforce
Personally I fell off in July, did not get a part time job with the Geek Squad until September to help pay bills until I graduate from school in March.
Unless you are a member of the 50,000+/- households called in the survey. it doesn't make any difference. Projecting the unemployment rate based upon 1 out of every 2,380 households is in itself a worthless enterprise without a "margin of error", as other polls have.
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Bard 
LA-Monroe Fan
BR
Member since Oct 2008
12796 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:09 am to Navytiger74)
quote:
quote:
Obama got us under 8%, he said he would! He should change his name to Ronald Reagan Jr.
Were I Obama, that'd be my story. Just sayin...
No shite. After the poor showing in the debate, he really needs something positive in the economic picture to hang his hat on. Granted, the numbers make about as much sense as Biz Markie' "You Got What I Need" being a hit, but any port in a storm...
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Godfather1
LSU Fan
Home Sweet Home SE Louisiana
Member since Oct 2006
26213 posts
Online
| re: 114k jobs created in September (Posted on 10/5/12 at 11:09 am to LSURussian)
quote:
quote: July jobs numbers are revised up from 141,000 to 181,000; August up from 96,000 to 142,000. BOOM!
quote:
You are ignorant.
No.
Just an unabashed shill.
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theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21954 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:25 am to JohnnyKilroy)
quote:
Don't we need at least ~250k to keep up with population growth?
400-500K to actually begin recovery
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USMCTiger03
LSU Fan
Member since Sep 2007
58383 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:41 am to Zahrim)
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theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
21954 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:44 am to Godfather1)
Look at it like this:
(#People working)/(#jobs available) = 89/100 = 89% employment
100% -89% = 11% unemployment rate
Obama Solution = Reduce (#jobs available)
Now 89/96 = 92.7% employment
100% - 92.7% = 7.3% unemployment rate
See MAGIC 
All without adding a single job
This post was edited on 10/5 at 11:51 am
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MFn GIMP
LSU Fan
Somerset, Kentucky
Member since Feb 2011
6949 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:47 am to Decatur)
quote:
July jobs numbers are revised up from 141,000 to 181,000; August up from 96,000 to 142,000.
BOOM!
Every single job in those revisions is government jobs, private employment fell. BOOM
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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
6494 posts
Online
| re: 114k jobs created in September (Posted on 10/5/12 at 11:54 am to MFn GIMP)
August had 39,000 fewer jobs created than July did.
September had 67,000 fewer jobs created than July did.
Is this progress? This is one specific way for Romney to explain it during the next debate in terms people can understand. If the employment situation is really getting better, my fellow Americans, why were there fewer jobs created in September than in August, and fewer in August than in July? Isn't that going in the WRONG direction? Mr. President, would you comment on what I just said?
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bomber77 
Ohio State Fan
Mississippi by way of Cleveland, OH
Member since Aug 2008
14414 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:57 am to AcetylCoA)
quote:
Obama got us under 8%, he said he would! He should change his name to Ronald Reagan Jr.
No wonder he couldnt compete in the debate. The King was busy getting us all these jobs! 
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Patrick_Bateman 
USA Fan
Member since Jan 2012
5083 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 11:59 am to NHTIGER)
quote:
August had 39,000 fewer jobs created than July did.
September had 67,000 fewer jobs created than July did.
Is this progress? This is one specific way for Romney to explain it during the next debate in terms people can understand. If the employment situation is really getting better, my fellow Americans, why were there fewer jobs created in September than in August, and fewer in August than in July? Isn't that going in the WRONG direction? Mr. President, would you comment on what I just said?
Beat me to it. Romney can say that, then he can mention this:
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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
6494 posts
Online
| re: 114k jobs created in September (Posted on 10/5/12 at 12:21 pm to Patrick_Bateman)
On the day Obama was elected president, the most recent unemployment rate was 6.1%. That was the September rate - the October rate was not released until 3 days after the election. Obama in October, 2008, frequently ripped that 6.1% as being discouraging for the American people. Clearly, it wasn't the actual number that was the important statistic at that time, it was the overall beginning of the collapse of the economy. In other words, that 6.1% did not effectively capture the gravity of the situation, and did not present a true picture of where the economy stood.
Same with this 7.8%. It's historically high, yet trending downward - either way, those who follow the economy closely know this number in no way reflects any significant improvement in the overall economy. Baby steps when long strides are needed and expected after almost four years at the wheel.
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catholictigerfan
LSU Fan
Member since Oct 2009
26377 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 12:45 pm to MFn GIMP)
how many lost?
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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
6494 posts
Online
| re: 114k jobs created in September (Posted on 10/5/12 at 1:05 pm to catholictigerfan)
quote:
how many lost?
It's an estimated net figure.
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tylercsbn9
USA Fan
Tomball, TX
Member since Feb 2004
51582 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 1:25 pm to NHTIGER)
MSNBC doesn't even buy it.
LINK
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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
6494 posts
Online
| re: 114k jobs created in September (Posted on 10/5/12 at 1:34 pm to tylercsbn9)
quote:
MSNBC doesn't even buy it.
Was going well until they read the Jack Welch tweet and Mika moaned "Ohhhhh-kay" as the clip ended.
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NC_Tigah
LSU Fan
Member since Sep 2003
40098 posts
| re: 114k jobs created in September (Posted on 10/5/12 at 1:38 pm to NHTIGER)
quote:
The number of working people who are working part time increased by 600,000 workers in one month! From 8.0M to 8.6M. I have stressed repeatedly that in this household poll(survey) working one hour qualifies one as "employed", as opposed to "unemployed". The part-timers who want full-time work are relegated to being revealed in U-6.
U-6 is still sitting at 14.7%. That's the true measure - and it didn't change at all.
Good luck finding media that will talk about the U-6 figure.
Again, the explanation is part-time workers who tell the Census Bureau interviewer they want full-time employment.
This is why I did not want Romney to talk about the 43 consecutive 8%+ months during the debate. He avoided it until his two-minute closing statement, when I cringed.
Well Done NHT
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