Unemployment rate poll

pipedreams · 10-05-2012, 15:01

The unemployment rate fell to 7.8% in September. What’s your take on this?

http://finance.yahoo.com/news/multim...192849572.html

Bottom right of page.

Current numbers:

It assures President Obama's re-election (8604)
9%

It's proof the economy is improving (21280)
22%

It's temporary, the worst isn't over (11403)
12%

I don't trust the numbers (55030)
57%

IvanVic · 10-05-2012, 15:16

It's likely indicative of people who were looking for work giving up, in combination with some of those people finding jobs.

PocketProtector · 10-05-2012, 16:06

Quote:

Originally Posted by IvanVic

It's likely indicative of people who were looking for work giving up, in combination with some of those people finding jobs.

It's indicative of ChicagO corruption.

hogship · 10-05-2012, 15:35

Quote:

Originally Posted by pipedreams

The unemployment rate fell to 7.8% in September. What’s your take on this?

http://finance.yahoo.com/news/multim...192849572.html

Bottom right of page.

Current numbers:

It assures President Obama's re-election (8604)
9%

It's proof the economy is improving (21280)
22%

It's temporary, the worst isn't over (11403)
12%

I don't trust the numbers (55030)
57%

I don't trust the numbers either.......

ooc

pipedreams · 10-05-2012, 15:48

Quote:

Originally Posted by hogship

I don't trust the numbers either.......

ooc

Looks like 57% so far agree with you.

JFrame · 10-05-2012, 15:54

Quote:

Originally Posted by hogship

I don't trust the numbers either.......

ooc

It looks like we won't have much trouble reaching a consensus...

.

countrygun · 10-05-2012, 15:58

Take a close look at what sector had the largest growth, and one of the largest surges in it's history.

It was

Government.

something fishy here?

JFrame · 10-05-2012, 16:02

Quote:

Originally Posted by countrygun

Take a close look at what sector had the largest growth, and one of the largest surges in it's history.

It was

Government.

something fishy here?

And 16,000 of those were with the IRS...Not just fishy, but scary as spit...

.

***fx77*** · 10-05-2012, 16:03

Numbers cannot be real. Look at the labor participation rate...also the best #'s in 40 years...??? I don't think sooooo

JFrame · 10-05-2012, 16:06

Jack Welch is a man whose opinion I personally regard highly, and he's not buying it...

http://www.businessinsider.com/jack-...romney-2012-10

.

brianfede · 10-05-2012, 20:46

Quote:

Originally Posted by fx77

Numbers cannot be real. Look at the labor participation rate...also the best #'s in 40 years...??? I don't think sooooo

BINGO, that is the problem with believing the 7.8% rate, despite the creation government jobs. I will say that the month of August usually has the largest revisions and sometimes we get odd numbers in September. The UE rate is still mostly a BS stat since it doesn't account for those who have given up on looking for a job. I think if you take the historical participation rate as a reference the UE is really more like 11%. Underemployment is also a big issue, that number has been awfully high as well .

MLM · 10-06-2012, 07:55

Quote:

Originally Posted by brianfede

The UE rate is still mostly a BS stat since it doesn't account for those who have given up on looking for a job.

In today's newspaper it says

"Those who do not have jobs and are looking are counted as unemployed. Those who aren't looking are not considered part of the work force and aren't counted as unemployed."

The first makes sense.
The second part, I dunno.

LASTRESORT20 · 10-05-2012, 16:05

`Debate gone sour for obammy and the Left? No problem....Finagle the numbers for the unemployment report to keep `em under 8....`then brag` on the lies and hope no one looks to closely and keep the stupid.... stupid.

JBnTX · 10-06-2012, 04:53

Quote:

Originally Posted by LASTRESORT20

`Debate gone sour for obammy and the Left? No problem....Finagle the numbers for the unemployment report to keep `em under 8....`then brag` on the lies and hope no one looks to closely and keep the stupid.... stupid.

^This...

marchboom · 10-06-2012, 07:01

Believe anything that comes from this corrupt obama crime syndicate? You got to be kidding. I'm just surprised obama didn't ORDER the numbers to be much lower.

IvanVic · 10-06-2012, 07:19

http://data.bls.gov/timeseries/LNS14000000

That's a link to monthly unemployment figures since 2002. Let's focus on Obama's numbers. We all know that Obama promised unemployment would not go over 8% if the stimulus was passed, so apparently it's been a conspiracy designed to hurt the President nearly his entire administration. However, let's take a closer look at the chart:

Unemployment got worse from January through October of 2009. So at this point, it was a conspiracy to hurt Obama.

In Nov 2009, it improved by .1, going from 10% to 9.9% and falling as low as 9.7 in January of 2010, a conspiracy to help Obama.

But in february of 2010, it went back up to 9.8%, a conspiracy to hurt Obama.

But wait, it went up again to 9.9% in april of 2010, another conspiracy to hurt Obama.

However, in May of 2010, it dropped to 9.6%, a conspiracy to help Obama.

But it August, it went up again, a conspiracy to hurt Obama.

Then it went back down to 9.5, a conspiracy to help Obama.

But it went back up again from 9.5 to 9.8 in November of 2010, a conspiracy to hurt Obama.

And so on and so forth.

Either we have a panel of wishy-washy, schizophrenic people controlling the unemployment rate, or conspiracy theorists are just stupid. I wonder which it is?

Bren · 10-06-2012, 05:22

Quote:

Originally Posted by LASTRESORT20

`Debate gone sour for obammy and the Left? No problem....Finagle the numbers for the unemployment report to keep `em under 8....`then brag` on the lies and hope no one looks to closely and keep the stupid.... stupid.

That's what I'm thinking. From the Bureau of Labor Statistics:

Quote:

For the first 8 months of the year, the rate held within a narrow range of 8.1 and 8.3 percent.

And right before election time, with the press saying "over 8% is really bad for Obama," suddenly:

Quote:

The unemployment rate declined by 0.3 percentage point to 7.8 percent in September

.
Really stayed within a 0.3 point range for 8 months, then falls .3 below the bottom of that range just in time for the election? Could happen.

rgregoryb · 10-05-2012, 16:06

Something stinks....................................smells like books cooking.

GAFinch · 10-05-2012, 16:43

Reminds me of Soviet grain reports.

JFrame · 10-05-2012, 16:45

Quote:

Originally Posted by GAFinch

Reminds me of Soviet grain reports.

Or Mao's reports of farm pigs the size of pick-up trucks...

.

Fed Five Oh · 10-05-2012, 17:21

Smells like desperation.

SPIN2010 · 10-05-2012, 17:34

Why would this lie be any different than any other out of this administration?

rgregoryb · 10-05-2012, 17:33

maybe even flintlicker will be able to discern the falsehoods in this report, and then again maybe not

**Cavalry Doc** · 10-05-2012, 18:21

Nothing more than a monumental all out failed attempt at an October surprise.

Pink unicorns and marshmallow trees perpetrated by Barry's disciples.

English · 10-09-2012, 07:16

Quote:

Originally Posted by Cavalry Doc

Nothing more than a monumental all out failed attempt at an October surprise.

Pink unicorns and marshmallow trees perpetrated by Barry's disciples.

Ooooo The buzzin of the bees in the cigarette trees
The soda water fountains
And the lemonade springs
Where the blubird sings
In the Big Rock Candy Mountains

The bulldogs all have rubber teeth
The streams flow milk and honey
A man can sleep the day away
and there ain't no need for money