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Employment Situation Summary Table A.Household data seasonally adjusted (Unemplymt falls to 7.8%)
Bureau of Labor Statistics ^ | 5 Oct 2012 | BLS

Posted on 10/05/2012 5:59:21 AM PDT by xzins

Employment Situation Summary Table A. Household data, seasonally adjusted

HOUSEHOLD DATA
Summary table A. Household data, seasonally adjusted
[Numbers in thousands]
Category Sept.
2011
July
2012
Aug.
2012
Sept.
2012
Change from:
Aug.
2012-
Sept.
2012

Employment status

Civilian noninstitutional population

240,071 243,354 243,566 243,772 206

Civilian labor force

154,004 155,013 154,645 155,063 418

Participation rate

64.1 63.7 63.5 63.6 0.1

Employed

140,107 142,220 142,101 142,974 873

Employment-population ratio

58.4 58.4 58.3 58.7 0.4

Unemployed

13,897 12,794 12,544 12,088 -456

Unemployment rate

9.0 8.3 8.1 7.8 -0.3

Not in labor force

86,067 88,340 88,921 88,710 -211

Unemployment rates

Total, 16 years and over

9.0 8.3 8.1 7.8 -0.3

Adult men (20 years and over)

8.7 7.7 7.6 7.3 -0.3

Adult women (20 years and over)

8.1 7.5 7.3 7.0 -0.3

Teenagers (16 to 19 years)

24.5 23.8 24.6 23.7 -0.9

White

7.9 7.4 7.2 7.0 -0.2

Black or African American

15.9 14.1 14.1 13.4 -0.7

Asian (not seasonally adjusted)

7.8 6.2 5.9 4.8 -

Hispanic or Latino ethnicity

11.3 10.3 10.2 9.9 -0.3

Total, 25 years and over

7.7 6.9 6.8 6.6 -0.2

Less than a high school diploma

13.9 12.7 12.0 11.3 -0.7

High school graduates, no college

9.6 8.7 8.8 8.7 -0.1

Some college or associate degree

8.4 7.1 6.6 6.5 -0.1

Bachelor's degree and higher

4.2 4.1 4.1 4.1 0.0

Reason for unemployment

Job losers and persons who completed temporary jobs

8,028 7,123 7,003 6,535 -468

Job leavers

972 878 942 957 15

Reentrants

3,484 3,380 3,318 3,306 -12

New entrants

1,323 1,311 1,277 1,247 -30

Duration of unemployment

Less than 5 weeks

2,743 2,711 2,844 2,542 -302

5 to 14 weeks

2,902 3,092 2,868 2,826 -42

15 to 26 weeks

2,029 1,760 1,845 1,860 15

27 weeks and over

6,197 5,185 5,033 4,844 -189

Employed persons at work part time

Part time for economic reasons

9,270 8,246 8,031 8,613 582

Slack work or business conditions

5,900 5,342 5,217 5,523 306

Could only find part-time work

2,844 2,576 2,507 2,572 65

Part time for noneconomic reasons

18,329 18,866 18,996 18,736 -260

Persons not in the labor force (not seasonally adjusted)

Marginally attached to the labor force

2,511 2,529 2,561 2,517 -

Discouraged workers

1,037 852 844 802 -

- Over-the-month changes are not displayed for not seasonally adjusted data.
NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Detail for the seasonally adjusted data shown in this table will not necessarily add to totals because of the independent seasonal adjustment of the various series. Updated population controls are introduced annually with the release of January data.



TOPICS: Front Page News; News/Current Events
KEYWORDS: elections; obamanomics; unemployment
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With discouraged workers at 802,000 and Part Time at 582,000, it's clear that Obama is benefited by holiday hiring beginning and by discouraged workers again.

Just in time for the election.

1 posted on 10/05/2012 5:59:29 AM PDT by xzins
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To: xzins

These numbers are for all us market watchers and political wonks. Most people couldn’t tell you what the unemployment rate is or even who the vice president is [lucky bastards]. What they can tell you is if THEY have a job. Weather their family members or neighbors have jobs. Weather their home is worth more than it was four years ago. Weather they have more money in their pockets at the end of the month. How they relate those things to voting on Nov. 6... we’ll see. In the meantime, they can spin “the numbers” all they want... left and right. People know what they know.


2 posted on 10/05/2012 6:01:55 AM PDT by NamVet71MP
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To: xzins

Holiday hiring beginning? Where?


3 posted on 10/05/2012 6:02:46 AM PDT by 1rudeboy
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To: xzins

We knew the spin would come this month.


4 posted on 10/05/2012 6:03:12 AM PDT by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not a Matter of Opinion)
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To: 1rudeboy

Part time all over.

In fact, Meijers announced yesterday that they are tripling their part-time hiring this month due to holidays.

Odd that.


5 posted on 10/05/2012 6:04:04 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

Romney can counter with wanting to get people real, full-time, good paying jobs rather than have people work 2 part time jobs to make ends meet. He can talk about how companies are hiring part timers because they can’t afford obamacare for full time workers.


6 posted on 10/05/2012 6:04:20 AM PDT by jersey117
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To: xzins
They added over 800,000 more jobs for August and September?

My home's BS detectors all blew.

7 posted on 10/05/2012 6:05:14 AM PDT by AU72
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To: 1rudeboy
Holiday hiring beginning? Where?

Halloween costume stores, of course.

8 posted on 10/05/2012 6:05:40 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: xzins

REUTERS: A survey of households from which the jobless rate is derived showed 873,000 job gains last month, the most since June 1983.


9 posted on 10/05/2012 6:05:40 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: xzins

Listened to Charles Payne on the Fox Business Channel and he saying the numbers just don’t add up. They don’t add up to me, either. Adding only 114,000 and the rate goes DOWN to 7.8%. Makes no sense! Rush said it would happen!


10 posted on 10/05/2012 6:06:37 AM PDT by Bushbacker1 (I miss President Bush! 2012 - The End Of An Error! (Oathkeeper))
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To: NamVet71MP

“Most people couldn’t tell you what the unemployment rate is or even who the vice president is [lucky bastards].”

Blissful ignorance, it’s everywhere.


11 posted on 10/05/2012 6:06:58 AM PDT by Holly_P
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To: AU72

582,000 of that is part-time as seen on the tables.


12 posted on 10/05/2012 6:07:16 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

I think the BLS has one too many letters in its abbreviation.


13 posted on 10/05/2012 6:07:57 AM PDT by econjack (Some people are as dumb as soup.)
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To: SWAMPSNIPER

” - - - We knew the spin would come this month - - - “

Yup. After 4 years of Obama, the unemployment rate is finally below 8 %.

THE ROMNEY RALLY HAS BEGUN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


14 posted on 10/05/2012 6:08:08 AM PDT by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: xzins

Expect a few year-to-date, upward adjustments in the unemployment rate during December.


15 posted on 10/05/2012 6:10:02 AM PDT by Will88
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To: Graewoulf
THE ROMNEY RALLY HAS BEGUN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I honestly believe that if there was an increase in hiring, it was because employers are anticipating a Romney win and I think the GOP should spin these bogus numbers in that vein.

16 posted on 10/05/2012 6:13:31 AM PDT by The Sons of Liberty ("Get that evil, foreign, muslim, usurping, gay bastard out of MY White House!" FUBO!)
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To: xzins

Construction is still lagging. I would know my husbands in the biz. I would be one happy lady if I knew he could find work 3 weeks out of the month. He took the plunge this week and incorporated so he could work as a contracter out of one of the big box stores. Its bad out there. The man has four employers (including himself now) and he still can’t get enough work.And its just not him the flooring companys he’s worked for in the past are barely keeping the carpet installer in a job. Total BS.


17 posted on 10/05/2012 6:13:51 AM PDT by linn37 (Newt supporter here.)
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To: xzins

I had predicted this for last year in multiple posts. I said they would reduce the number in the job force to get the desired unemployment number under 8.0% . Several other sources had predicted increases of the rate to 8.2%

Do we think that an outfit who setup Operation Fast and Furious to justify domestic gun control and resulted in the DEATHS of hundred of Mexicans and our own border patrol agents would have ANY problem fudging a few numbers. I would have been SHOCKED if the number had been 8.0% or higher.


18 posted on 10/05/2012 6:13:51 AM PDT by RonboTex (Get off my lawn!!!!!!!!)
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To: Bushbacker1
This topic on Yahoo Finance [with a very heavy Obama spin] is on fire: US jobless rate falls to 7.8 pct., 44-month low. No one believes this crap.
19 posted on 10/05/2012 6:14:37 AM PDT by NamVet71MP
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To: Will88

Big surge in part-time hiring, and the discouraged workers huge numbers stay the same.

Look at the employed/unemployed numbers. If you get the number of employed UP by part-time hires, and you get the number of unemployed DOWN by dropping huge amounts of discouraged workers from the numbers altogether, then you have a lower number of unemployed with a higher number of employed and your rate falls.


20 posted on 10/05/2012 6:19:53 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

The Part time numbers jumpped, has that definition changed.


21 posted on 10/05/2012 6:22:24 AM PDT by Mike Darancette (Take two Aspirin and call me in November - Obama for Hindmost.)
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To: NamVet71MP
This topic on Yahoo Finance [with a very heavy Obama spin] is on fire...

Yahoo Finance (not exactly a conservative news source) comments are running about 10 to 1 identifying these numbers as complete fraud!

22 posted on 10/05/2012 6:22:59 AM PDT by The Citizen Soldier (Peace is that brief glorious moment in history when everyone stands around reloading.)
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To: xzins

But all of these numbers are based upon reporting from many sources and also many estimates, so it would be very easy for “mistakes” to be made that would be corrected later. That’s very common in all these economic stats. Adjustments to initial GDP data are routine.

And it seems fairly early for major part-time hiring.

We’ll see what sort of year-to-date adjustments are made during December.


23 posted on 10/05/2012 6:30:15 AM PDT by Will88
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To: Mike Darancette; P-Marlowe

Has the definition changed? Not that I know of, but I do know that it’s the time of year when that happens. Halloween, Thanksgiving, Christmas, and Halloween is bigger than it ever has been, so they start holiday hiring sooner than they used to.

I heard the Meijer part-time hiring announcement on the radio yesterday, and sure enough the company has announced it’s tripling it’s part-time hiring this year. Others are following suit.

Obama’s team knew that had to happen, so with discouraged workers lowering the number of official unemployed and the part-timers increasing the number of employed, that UE number had to fall.

Why anyone can conclude that a person not looking for a job for 4 weeks warrants dropping him from the unemplooyment rolls altogether makes sense is beyond me, but that’s what they do.

He’s not “unemployed”....he’s “discouraged”.

(And in the meantime he’s not got a job.)


24 posted on 10/05/2012 6:30:31 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

25 posted on 10/05/2012 6:31:27 AM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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To: Will88

See #24. It’s not early. Our stores have been transitioning to Halloween/Thanksgiving/Christmas for a month now. Plus, Halloween has now become one of the largest holidays sales seasons...just keeps growing.

So, you’ve got back-to-school, halloween, thanksgiving, Christmas just happening to fall at election time.

As long as part-time jobs get counted as jobs, then a fall election is always going to be influenced by this kind of stuff.


26 posted on 10/05/2012 6:35:24 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

If Christmas hiring got unemployment down to 7.8 THIS year why didn’t that happen last year? Or the year before that?


27 posted on 10/05/2012 6:36:04 AM PDT by An American In Dairyland
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To: xzins

Soviet economic reports are more truthful.

Thesse are doctored surveys, jimmied models, and outright fabrication.


28 posted on 10/05/2012 6:36:12 AM PDT by LowTaxesEqualsProsperity
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To: xzins

Soviet economic reports are more truthful.

These are doctored surveys, jimmied models, and outright fabrication.


29 posted on 10/05/2012 6:36:22 AM PDT by LowTaxesEqualsProsperity
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To: xzins

114K new payroll jobs.
800K+ new household jobs.

The delta between payroll and household is supposed to be explained by self-employment and several other edge-case factors.

If you don’t think those add up, you are absolutely correct.


30 posted on 10/05/2012 6:37:48 AM PDT by Cruising For Freedom (Don't be the proof that MSM PsyOps works.)
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To: xzins

They sure as heck didn’t triple them last month for ‘the holidays’!


31 posted on 10/05/2012 6:38:38 AM PDT by 9YearLurker
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To: The Citizen Soldier
Yahoo Finance (not exactly a conservative news source) comments are running about 10 to 1 identifying these numbers as complete fraud!

Exactamundo. It's usually a struggle to keep an intelligent conservative perspective in any of the Y! threads.
32 posted on 10/05/2012 6:40:57 AM PDT by NamVet71MP
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To: xzins

See #15. Adjustments to all these economic stats are routine. We’ll see what happens in the first few weeks after election day.


33 posted on 10/05/2012 6:42:15 AM PDT by Will88
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To: RonboTex

So have I. Lots of us saw it coming almost a year out.

I wonder if those who would pay attention to it and quote it will be fooled (unless they want to go along with the charade to boost their candidate).


34 posted on 10/05/2012 6:42:15 AM PDT by 9YearLurker
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To: markomalley; All

Here’s an update from Hotair.

Feel free to post it here in Free Republic if you feel it’s useful info

http://hotair.com/archives/2012/10/05/jobs-report-114k-jobs-added-jobless-rate-7-8/


35 posted on 10/05/2012 6:42:39 AM PDT by tsowellfan
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To: markomalley; P-Marlowe

Those charts tell me they have been systematically and intentionally dropping people from the numbers starting in about 2010.

Look at the strong tendency at the 80,000 mark to stay there, and then the huge launch up to almost 90,000.

Somehow someone has manipulated policy to go from taking nearly 10 years to increase 10,000 not in the labor force to where it took only 2 years to raise an additional 10,000 not in the labor force.

Something’s rotten in Denmark.


36 posted on 10/05/2012 6:43:37 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

This is officially a dictatorship.

We must do everything to get this POS communist peice of dung Obama out of office. Our lives , our freedom depend on it.

Do what you can , donate, volunteer to call voters to swing states even if you are in a red state.


37 posted on 10/05/2012 6:44:48 AM PDT by Democrat_media (China is destroying all our jobs and manufacturing ability. China makes everything.)
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To: xzins

http://www.ajc.com/news/business/alorica-hiring-600-temps-in-kennesaw/nSTgC/

The Atlanta Journal-Constitution - “Alorica, a customer management provider with operations in Kennesaw, said it will hire 600 seasonal workers by the end of November.

The full-time and part-time openings are for customer service representatives who will handle incoming calls......”


38 posted on 10/05/2012 6:44:53 AM PDT by Cincinatus' Wife
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To: xzins

This will be thrown out in the next debate. This needs to be properly framed. It can be done in one sentence:

The 7.8% is the figure used to calculate those on unemployment compensation, not those out of work.

Question is, what is the percentage out of work, including those no longer eligible for or receiving unemployment compensation?

This statement and question will throw fubo to the wolves, and render him speechless....


39 posted on 10/05/2012 6:46:15 AM PDT by joe fonebone (The clueless... they walk among us, and they vote...)
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To: xzins

“With Christmas still more than two months away, stores already are hauling out the holiday decorations — and staffing up for the holiday rush.

Most retailers already are hiring seasonal workers, and the rest are expected to start hiring by the middle of the month. For job seekers, that means a wealth of opportunities and the possibility of permanent employment after the holidays.

“Most of the organizations we work with are already thinking about (holiday hiring) and gearing up,” said Steve Grow, president of HR Dimensions. “Starting to look for positions in October isn’t too early at all.”

Kohl’s, for example, currently is filling seasonal positions at its distribution centers, and its stores and credit centers will begin hiring this month. The Wisconsin-based retailer will add about 41 seasonal employees per store, said Vicki Shamion, senior vice president of public relations, social marketing and community relations.

“Most jobs are filled by mid-November,” she said............

http://www.indystar.com/article/20121004/BUSINESS/210050321/Retailers-begin-hiring-seasonal-workers-holidays


40 posted on 10/05/2012 6:48:07 AM PDT by Cincinatus' Wife
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To: An American In Dairyland
If Christmas hiring got unemployment down to 7.8 THIS year why didn’t that happen last year? Or the year before that?

All unemployment extensions expire around Jan 14th 2013.

I have a hunch those who have already expired are being counted as working (whether they got a job or not)

And perhaps those about to expire jump on a short-term, part time job (perhaps dressed as a pirate on the street corner near a Halloween Store).

Others probably got a part time job which opened only during the holiday season.

The USPS did a BIG hiring spree for the holidays as well. The did a mass mailing of post cards announcing that. But again, short term jobs that last until jan.

41 posted on 10/05/2012 6:48:50 AM PDT by tsowellfan
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To: xzins

Macy’s plans to hire 80,000 seasonal workers for the holidays

http://www.examiner.com/article/macy-s-plans-to-hire-80-000-seasonal-workers-for-the-holidays


42 posted on 10/05/2012 6:50:02 AM PDT by Cincinatus' Wife
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To: An American In Dairyland; 9YearLurker; tsowellfan
See tsowell's post at 35 and follow the link to:

Update: Bloomberg’s Alex Kowalski has an explanation that covers most of the confusion: The household survey showed an 873,000 increase in employment, the biggest since June 1983, excluding the annual Census population adjustments. Some 582,000 Americans took part- time positions because of slack business conditions or those jobs were the only work they could find. Jeryl Bier points out another part of the explanation:

43 posted on 10/05/2012 6:53:31 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: NamVet71MP

The numbers are fake.


44 posted on 10/05/2012 6:55:34 AM PDT by Democrat_media (China is destroying all our jobs and manufacturing ability. China makes everything.)
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To: Cincinatus' Wife

see #36 plus markomalley’s charts at 25, I think.


45 posted on 10/05/2012 6:58:03 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

And if you believe that...


46 posted on 10/05/2012 7:18:55 AM PDT by 9YearLurker
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To: tsowellfan

Miscounting the expired unemployment extensions of January 2013 would probably be enough to tweak these numbers down to 7.8%.

However, EVERY Christmas Kohls and Macys and other retailers hire seasonal help.

IF people want to make the claim that seasonal retail work makes the difference this year in getting the number down to 7.8% then how do you explain why seasonal retail work did not bring the unemployment numbers down to 7.8% last year?

What I’m saying is that obviously since those Christmas jobs did not bring the unemployment figures down to 7.8% last year or the year before that then they can’t be the reason the unemployment number came down to 7.8% this year (election year) either.

I do not believe there are enough of these Christmas retail jobs to bring the numbers down from 8.2% last month to 7.8% this month.


47 posted on 10/05/2012 7:18:58 AM PDT by An American In Dairyland
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To: Will88; All

Table A-1
http://www.bls.gov/news.release/empsit.t01.htm
Civilian Labor force

Not Seasonally Adjusted
155,255 - 155,075 = -180,000

Now apply the magic of seasonal adjustment and
-180,000 ==> + 418.000

Participation rate
Not seasonally adjusted
63.7 - 63.6 = -0.1
Now apply the magic of seasonal adjustment and
-0.1 ==> +0.1


48 posted on 10/05/2012 7:21:13 AM PDT by khelus
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To: 9YearLurker

Are you asking if part-time work makes these numbers look a lot better than they should.

You bet I do.

That coupled with the “discouraged worker” sleight-of-hand are what’s being used to keep the UE rate far lower than it should be.

And, I’ll bet there’s a problem with holdback, lost numbers, and hidden numbers, too.


49 posted on 10/05/2012 7:22:32 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

Check out the poll on the lower right section of this page:

people aren’t buying the numbers.

http://finance.yahoo.com/news/us-jobless-rate-falls-7-123110416.html


50 posted on 10/05/2012 7:23:11 AM PDT by 9YearLurker
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