Report: September Jobs Numbers Inflated [Archive] - Glock Talk


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10-31-2012, 19:52
Report: September Jobs Numbers Inflated

So you were suspicious about those September job creation numbers touted by the Obama Administration? You had good reason to be.

The payroll data firm ADP, which recently became partners with Moody’s Analytics, revised their estimate of the September jobs created down from 162,000 to 88,200. That new number is considerably less than the Labor Department’s count of 114,000, which included 104,000 from the private sector.

When the Labor Department’s job numbers came out for September, there was an uproar; many observers thought the numbers were manipulated to benefit Barack Obama’s reelection. As Jack Welch, former head of General Electric, tweeted after the Labor Department’s release: "Unbelievable jobs numbers...these Chicago guys will do anything...can't debate so change numbers.":rofl:

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10-31-2012, 19:59

Hocus-Pocus was the presumed methodology used by the Bureau of Labor Statistics (or, BS of Labor) !

10-31-2012, 19:59
Nooooooooooo ! ........ :shocked:


10-31-2012, 20:37
Add on another million, due to Sandy.

10-31-2012, 20:44
Let's see the new unemployment percentages. 8.3?