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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

This is why you have to be more than just about the economy and hope it will always be bad.


41 posted on 10/05/2012 5:56:55 AM PDT by ari-freedom
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To: Teacher317

good point.


42 posted on 10/05/2012 5:56:55 AM PDT by delapaz
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To: Oldeconomybuyer

http://www.zerohedge.com/news/2012-10-05/nfp-prints-114k-top-expectations-115k-unemployment-rate-tumbles-78-expectations-82

“Complete preelection “massaging” farce. “


43 posted on 10/05/2012 5:56:57 AM PDT by ltc8k6
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To: Oldeconomybuyer

No surprise here for sure.Romney needs to pound the combined rate...can’t recall what it’s called...the rate of the unemployed who are looking *plus* the unemployed who’ve become too discouraged to look and,therefore,are not counted as unemployed.


44 posted on 10/05/2012 5:57:06 AM PDT by Gay State Conservative (Ambassador Stevens Is Dead And The Chevy Volt Is Alive)
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To: delapaz

I only briefly caught a glimpse of the crew on CNBC before leaving the office,but it appeared the anchors were not only expressing surprise, but outright skepticism.


45 posted on 10/05/2012 5:58:24 AM PDT by hcmama
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To: TexasNative2000

Looks like the internals have been cooked, from what I am hearing.


46 posted on 10/05/2012 5:58:30 AM PDT by SoFloFreeper
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To: Oldeconomybuyer

I wonder what the number would have been if the Muslim in Chief didn’t stop the Military layoffs.


47 posted on 10/05/2012 5:58:46 AM PDT by Rappini (Veritas vos Liberabit)
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To: Oldeconomybuyer
So we should prepare for the More Sunny Weather miracle job reports in the next 2 consecutive weeks, with miracle recovery ‘numbers’ and sob stories to occupy the print press and airwaves. Don't you dare believe your own eyes and ears.

In the meantime Obama probably will start an unauthorized ‘war’ against some ‘wink'unknown’wink’ entity to appear to be ‘decisive and presidential’.

Got it.

48 posted on 10/05/2012 5:59:00 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Oldeconomybuyer

LOL! Now, who didn’t see this coming?!! The Magic Negro pulls one out at the last second!

The funny part will be the talking heads who all claim 7.8% is absolutely wonderful and yet Bush at 5.2% was a dolt who couldn’t do anything right.


49 posted on 10/05/2012 5:59:00 AM PDT by VeniVidiVici (Congrats to Ted Kennedy! He's been sober for two years now!!)
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To: Oldeconomybuyer

So it has been 8.3 for years and all of a sudden it drops to 7.8?? This is electioneering, this is freaking criminal..


50 posted on 10/05/2012 5:59:07 AM PDT by cardinal4 (If Baraq Hussein Obama had a son he would look like Rageboy)
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Comment #51 Removed by Moderator

To: rawhide

No. From CNBC: “The government said the total number of jobs employed surged by 873,000, the highest one-month jump in 29 years.”


52 posted on 10/05/2012 5:59:34 AM PDT by John W (Viva Cristo Rey!)
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To: Oldeconomybuyer
Must be that army of BammaPhone campaign “workers.”
53 posted on 10/05/2012 5:59:40 AM PDT by Zuse
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To: TexasNative2000

Focus on the internals?

You`re talking about the American voters here. Since when do they apply critical thinking to anything? They`re going to see that 7.8 number and that`s going to seal it for them.


54 posted on 10/05/2012 5:59:50 AM PDT by ScottinVA (Record high turnout is our hope for sending 0bama home. Pray hard!!!)
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To: Oldeconomybuyer
It's not the unemployment numbers that count.

It's those who count the unemployment numbers that make it count.
55 posted on 10/05/2012 6:00:17 AM PDT by John 3_19-21 (Time to circle the wagons men)
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To: Oldeconomybuyer

Of course they don’t mention that if all those who have given up were counted, the rate would be over 11%. They seem so eager to shill for this criminal administration.


56 posted on 10/05/2012 6:00:26 AM PDT by wesagain (The God (Elohim) of Abraham, Isaac and Jacob is the One True GOD.)
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To: pollywog
If Romney is as aggressive towards Obama in the "townhall" debate as the first debate, Obama is finished.

By the way, don't think that the Bureaur of Labor Statistics information can't be fact-checked, especially in the age of the Internet. Close analysis of the internals could reveal a large number of people giving up on finding a job, and that information could haunt Obama to no end.

57 posted on 10/05/2012 6:00:29 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: cotton1706
I doubt (at least I severely hope) that the people will not be fooled by these manipulations.

Being jobless and paying close to $5 a gallon for gas are tow things we do not need the media to tell us about.

Everyone who is unemployed knows they are whether Chris Matthews says so or not.

58 posted on 10/05/2012 6:00:38 AM PDT by tsowellfan
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To: NotTallTex
Yes, this is very suspicious. Remember what happened in 08 the moment McCain and Palin went ahead in the polls? Does anyone think that (the financial crisis) was a coincidence?

My cat agrees with you.


59 posted on 10/05/2012 6:01:30 AM PDT by King of Florida (A little government and a little luck are necessary in life, but only a fool trusts either of them.)
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To: Oldeconomybuyer

I’m thinking someone forgot to carry the nine...


60 posted on 10/05/2012 6:01:39 AM PDT by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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