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Fed Upgrades Economic Outlook [7.8% Unemployment Predicted In 4th Quarter!]
LATimes ^ | April 25, 2012 | Don Lee,

Posted on 04/26/2012 6:03:24 PM PDT by Steelfish

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To: Truth29

The unemployment rate will be 2.78 next November. I will not tell you where I obtained that figure except that it is an exceedingly dark place where the sun never shines. The Federal Reserve used the same technique.


21 posted on 04/26/2012 8:26:06 PM PDT by Vehmgericht
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To: El Gato

Well, good luck! We could all use some.

The honest truth is that you could get hired doing SOMETHING if there was any life in this economy. There is not.


22 posted on 04/26/2012 8:30:46 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Steelfish

Well, the Fed has put the word out. Now the Bureau of Lying Statistics (BLS) has a few months to generate dubious statistics to back up the projection. Didn’t see this coming in an election year didya?


23 posted on 04/26/2012 8:39:34 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: Steelfish

What do you think? 2.5% unemployment on October 26?
That should be good for a few million more votes.


24 posted on 04/26/2012 9:18:07 PM PDT by Tupelo ( 2012 TEA PARTYER but no longer a Republican)
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To: El Gato

You should get a job in South Texas on the Eagle Shale fracking oil/gas industry.
Top job is a wireline operator ...six figures and up.
Me ...I just got a CDL A licence (at ago 70) and was hired within in 2 days to drive big rigs...will be heading for the fracking fields whan I have about 6 months truck driving experience under my belt....(each fracked well needs about a million gallons of water to start it up)...that’s a lot of tankers.


25 posted on 04/26/2012 9:56:23 PM PDT by spokeshave (If Obama is Lenin....who is Trotsky and Stalin...?)
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To: El Gato

You should get a job in South Texas on the Eagle Shale fracking oil/gas industry.
Top job is a wireline operator ...six figures and up.
Me ...I just got a CDL A licence (at age 70) and was hired within 2 days to drive big rigs...will be heading for the fracking fields whan I have about 6 months truck driving experience under my belt....(each fracked well needs about a million gallons of water to start it up)...that’s a lot of tankers.


26 posted on 04/26/2012 9:57:54 PM PDT by spokeshave (If Obama is Lenin....who is Trotsky and Stalin...?)
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To: EQAndyBuzz
Maybe they should have done this a day after finding out jobless claims are up and housing prices are down.

Doesn't matter any more - they've inured the public to reality via the comical (but sinister) "unexpected rise in unemployment type statemens and the next months 'adjustmnets". They can say whatever they want, and then "adjust" it to 12% after the election and nobody will think twice. That and they will probably use "projected" hires for the Christmas season and pad the nimbers while adding them to the work force (on paper). Hell they might have it down to 4% if they really work hard with the numbers - then we'll have about 12 million folks thinking they are the only schlubbs who can't find a job in the booming economy.

27 posted on 04/27/2012 3:30:18 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: Steelfish
It seems like one of these stories comes out every month since the start or 2012, followed a few weeks later on page 32 with a blurb saying, "The dept of labor has revised unemployment figures up from last month's report......."

Cheerleading for the regime much???

28 posted on 04/27/2012 3:50:26 AM PDT by YankeeReb
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To: spokeshave
(each fracked well needs about a million gallons of water to start it up)...that’s a lot of tankers.

Hey!! Just a cotton pickin' minute!!! We all know that fracking, oil drilling , coal mining produce ZERO new jobs!!! All the new jobs are created by startups like Solyndra or by state governments as fire fighters & teachers. The Ministry of Government Statistics told me so!!!

I think you're making it up ; p

29 posted on 04/27/2012 3:58:57 AM PDT by YankeeReb
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