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US jobless rate falls to 7.8 pct., 44-month low
Yahoo News ^ | October 5, 2012

Posted on 10/05/2012 5:44:02 AM PDT by Oldeconomybuyer

WASHINGTON (AP) — The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The rate fell because more people found work, a trend that could impact the presidential election.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 2012; bhomcjobs; democratcorruption; election2012; fraud; jobless; lies; mcjobs; propaganda; recovery; unemployment
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To: Oldeconomybuyer
Good argument for early voting I suppose.

I expect many more of these "surprises" in the final 30 days.

21 posted on 10/05/2012 5:50:49 AM PDT by The Citizen Soldier (Peace is that brief glorious moment in history when everyone stands around reloading.)
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To: Oldeconomybuyer

What a surprise! The number of jobs created this month was 30,000 less than last month...but they magically knocked off .4% from that percentage of unemployed right before the election, so it was way under the dreaded 8%.

I guess that 50% of college graduates who can’t find jobs should go to the Labor Dept. They’ve found half a million jobs there in the last month.

What a bunch of bad liars this administration is!


22 posted on 10/05/2012 5:51:15 AM PDT by txrefugee
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To: Oldeconomybuyer

We knew this was coming though... BLS is looking out for the boss. Next month it drops to 7.4%.


23 posted on 10/05/2012 5:51:45 AM PDT by ScottinVA (Record high turnout is our hope for sending 0bama home. Pray hard!!!)
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To: Oldeconomybuyer

Dear Darrel Issa: investigate BLS next.


24 posted on 10/05/2012 5:52:00 AM PDT by relictele
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To: TexasNative2000

Exactly. 28,000 fewer jobs created yet the unemployment rate goes down 3 tens of a percent? 114,000 nonfarm jobs in Sept.(104,000 private sector) vs. 142,000 in August.


25 posted on 10/05/2012 5:52:11 AM PDT by kristinn (Dump the Chump in 2012)
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To: Oldeconomybuyer

Sure.


26 posted on 10/05/2012 5:52:42 AM PDT by SoFloFreeper
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To: NotTallTex

The GOP needs to out in force today
Destroying this scam !

Only 900000 Lodi g jobs could do this flip .

It’s not possible !


27 posted on 10/05/2012 5:52:42 AM PDT by ncalburt (Axelrod Psych OPS has gone to 24/7 non stop - "The election is over " status until Nov)
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To: TexasNative2000

Several business anchors openly skeptical of the data.


28 posted on 10/05/2012 5:52:48 AM PDT by hcmama
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To: TexasNative2000
144 million Americans had jobs in 2008. Only 139 million do today. quibbling over 100,000 jobs for the month, and who is and isn't looking anymore, should be irrelevant to the GOP talking points. The sheeple don't understand what goes into the percentage, only that the number goes up (ba-a-a-a-d) and it goes down (goody!).

Show them the 144 vs 139 million, and THAT they will understand very clearly. No spin can change that... which is why the numbers are rarely presented that way.

29 posted on 10/05/2012 5:53:04 AM PDT by Teacher317 ('Tis time to fear when tyrants seem to kiss.)
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To: TexasNative2000

They went through previous months’ data and revised each month to find 500K more jobs.

I’ve followed jobs reports for years. I’ve never seen this happen before.


30 posted on 10/05/2012 5:53:30 AM PDT by Cruising For Freedom (Don't be the proof that MSM PsyOps works.)
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To: Oldeconomybuyer

Score another one for Rush Limbaugh.


31 posted on 10/05/2012 5:54:04 AM PDT by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: All
"The economy also created 86,000 more jobs in July and August than first estimated. The revisions show employers added 146,000 jobs per month from July through September, up from 67,000 in the previous three months."
32 posted on 10/05/2012 5:54:18 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: rwfromkansas

We had several reports just this week saying how companies were NOT planning to hire.


33 posted on 10/05/2012 5:54:24 AM PDT by jersey117
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To: Oldeconomybuyer

I guess the SEIU HIRED ALL the OBAMA PHONE OWNERS!! One MILLION in OHIO Alone!! 16 MILLION in all!!


34 posted on 10/05/2012 5:54:24 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: ncalburt

I hope that Mitt Romney will be able to bring this truth to the American people in the next debate...in the same fashion he used his sons as a example the other night when calling out Obama on a mis truth.


35 posted on 10/05/2012 5:54:33 AM PDT by pollywog ("O Thou who changest not, abide with me.".......)
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To: Oldeconomybuyer

Recall the debate. Romney told Ø “You’re entitled to your own house, to your own plane, but not to your own facts.” Obama is trying to invent his own facts. Romney needs to educate dumb voters about this and can tie it into memories of the debate.


36 posted on 10/05/2012 5:55:24 AM PDT by JohnBovenmyer (Obama been Liberal. Hope Change!)
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To: Oldeconomybuyer

I bet Barack Obama’s grandmother will die again, too.


37 posted on 10/05/2012 5:55:34 AM PDT by Sloth (If a tax break counts as "spending" then every time I don't rob a bank should be a "deposit.")
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To: Cruising For Freedom

I follow these things pretty closely as well and have never seen these kind of revisions. And never so blatantly timed to coincide with an election.


38 posted on 10/05/2012 5:55:43 AM PDT by hcmama
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To: Oldeconomybuyer

Well if Romney’s Wall Street buddies want to see him elected, they better start working on an October Crash.

Because it’s obvious which side the government statisticians are on.


39 posted on 10/05/2012 5:55:45 AM PDT by delapaz
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To: Oldeconomybuyer

So what did Obama do to cause this miracle? The stimulus was spent long ago and all his job crushing regulations are still in place?


40 posted on 10/05/2012 5:55:55 AM PDT by AU72
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