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White House: Jobs report further evidence of recovery
politico44 ^ | 10/5/12 | BYRON TAU

Posted on 10/05/2012 8:12:37 AM PDT by ColdOne

"The monthly employment and unemployment figures can be volatile, and employment estimates can be subject to substantial revision. Therefore, it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available," Krueger wrote.

(Excerpt) Read more at politico.com ...


TOPICS: Politics/Elections
KEYWORDS: friendlyfire; magicnumbers; unemployment

1 posted on 10/05/2012 8:12:44 AM PDT by ColdOne
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To: ColdOne

One heck of a caviat there...


2 posted on 10/05/2012 8:17:11 AM PDT by gov_bean_ counter (ObamaCare is an assault on the unborn, infirmed and elderly. GOP, repeat this as necessary...)
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To: ColdOne

“”The monthly employment and unemployment figures can be volatile, and employment estimates can be subject to substantial revision. Therefore, it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available,” Krueger wrote.”

Oh look who’s trying to cover their asses.

That seals it for me.

THIS WHOLE DAMN THING IS MADE UP WHOLE-CLOTH!


3 posted on 10/05/2012 8:18:28 AM PDT by VanDeKoik
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To: VanDeKoik

Did we expect anything less?

I knew what the number would be tomorrow. However, I am surprised they went 2/10ths below. I guess if you are going to lie.... go big.

How many times in the last 3 years has this number been revised upwards?


4 posted on 10/05/2012 8:20:36 AM PDT by volunbeer (We must embrace austerity or austerity will embrace us)
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To: ColdOne

We’re not stupid. However...about 47% are...and we don’t mean Vets, seniors....we mean Dem minions.


5 posted on 10/05/2012 8:20:49 AM PDT by Sacajaweau (r)
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To: volunbeer

Oops - should say I knew yesterday what the number would be today (below 8)

We all did. It was sadly predictable.


6 posted on 10/05/2012 8:21:43 AM PDT by volunbeer (We must embrace austerity or austerity will embrace us)
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To: ColdOne
I believe the jobs report. And this is Obama's real birth certificate. Certified by the Hawaiian DOH.


7 posted on 10/05/2012 8:21:56 AM PDT by ILS21R (The time is nigh.)
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To: ColdOne

In July, 181,000 jobs were added: 8.3% unemployment
In August, 142,000 jobs were added: 8.1% unemployment
September, 114,000 jobs were added: 7.8% unemployment.
Yeah, right! Anything to get re-elected!


8 posted on 10/05/2012 8:22:11 AM PDT by xuberalles ("The Right Stuff" Conservative Novelties http://www.zazzle.com/xuberalles)
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To: Sacajaweau
Fourth Estate
9 posted on 10/05/2012 8:22:29 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: ColdOne
The Bureau of Labor Statistics is The Federal Government

A little history:

Five months ago Barack Obama nominated union backer, liberal economist and Federal Reserve bureaucrat Erica Groshen to lead the U.S. Bureau of Labor Statistics (BLS) — the agency best known for calculating the nation's unemployment rate each month.

Obviously Groshen's nomination was yet another sop to organized labor — which doled out big dollars and major manpower to help elect Obama in 2008 (and which has already been rewarded handsomely for its efforts).

It was also yet another endorsement of the failed Keynesian interventionism that Obama has continued to foist on our private sector ever since he was elected — with disastrous consequences for our nation's economy.

You don't suppose Ms. Groshen is 'cook'in the books do you? A little something for her boss?

10 posted on 10/05/2012 8:24:08 AM PDT by yoe (Vote for the Real American whose love for his country was NEVER in question.)
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To: ColdOne

It’s a miracle! It’s a bloody miracle, folks. Obama is a miracle maker/s


11 posted on 10/05/2012 8:25:01 AM PDT by Bitsy
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To: ColdOne
The communists party are hard core liars and there is almost no way to prove a lie is a lie with the power in their hands. The MSM is a tremendous power and most of it is made up of the same communists.
12 posted on 10/05/2012 8:33:16 AM PDT by Logical me
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To: ColdOne

That’s what they’ve been saying each and every month for the last three and one half years. Romney had all of them posted on his website.


13 posted on 10/05/2012 8:34:05 AM PDT by Excellence (9/11 was an act of faith.)
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To: ColdOne
,,,,, my bull$h!+ meter just blew a 50 amp fuse ,,, are the sea levels really receding too ??? What next ,,, gas prices drop to $3.99 a gal in Csal. ??? God I love the Messiah ,,,, I wonder why he waited 3 yrs. and 10 months to present these miracles .
14 posted on 10/05/2012 8:34:05 AM PDT by Lionheartusa1 (-: Socialism is the equal distribution of misery :-)
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To: ColdOne
White House: Jobs report further evidence of recovery

The "recovery" refered to is Obama's recovery from the thrashing he got Wednesday night.

.

15 posted on 10/05/2012 8:36:32 AM PDT by Iron Munro (Obamaspeak: An army of pompous phrases marching across the landscape in search of an idea.)
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To: ColdOne

Obama knew he could blow off the debate - he had the number in advance, amd the media will take it from there.


16 posted on 10/05/2012 8:38:13 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: volunbeer
We all did. It was sadly predictable."""""

Yep, and I predict when Mitt Romney becomes President, those numbers will jump up to or over 10%.

17 posted on 10/05/2012 8:42:42 AM PDT by annieokie (O)
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To: ColdOne

Can lower gas prices be far behind?


18 posted on 10/05/2012 8:43:13 AM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: OrioleFan

I watched part of a live Obama campaign speech in VA just now on FOX and he was touting the UE numbers. They sure got that into the prepared speech quick, huh?


19 posted on 10/05/2012 8:43:23 AM PDT by Right Brother
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To: ColdOne
(October Surprise: Unemployment Drops to 7.8%...).....
However, many are questioning the numbers due to “contradictory data points” such as the total unemployment level soaring but the low net number
Government says 873K people found work — but reports only 114K new jobs were added
Former GE CEO alleged fraud, sending a tweet saying “these Chicago guys will do anything”
Popular finance blog Zero Hedge even called it a “preelection ‘massaging’ farce”
20 posted on 10/05/2012 8:45:08 AM PDT by yoe (Vote for the Real American whose love for his country was NEVER in question.)
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To: ColdOne
The House should hold a hearing and summon the dept. head that puts out these numbers to the Hill to explain them. I'd also have other statistical experts on hand to analyze their data and methods. If they want to lie for Obama, they should come out into the light and do it publicly. You can't undo the sound bites going out now, but I'd still slap back the liars just to demonstrate the continuing pattern of how this regime operates.
21 posted on 10/05/2012 8:45:08 AM PDT by throwback (The object of opening the mind, is as of opening the mouth, is to shut it again on something solid.)
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To: ColdOne
"White House: Jobs report further evidence of recovery..."

.... Or .... further evidence that hiring is up for the Christmas rush. It was announced just a few days ago that companies are already hiring for the Christmas rush .... tis the season ya know!

22 posted on 10/05/2012 8:46:23 AM PDT by R_Kangel ( "A Nation of Sheep ..... Will Beget ..... a Nation Ruled by Wolves.")
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To: ColdOne
Thirsty? Here's a nice big glass of ice-cold Obama Kool-Aid. Oh, and don't forget your free phone, too.
23 posted on 10/05/2012 8:52:37 AM PDT by JPG (Make it happen)
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To: ColdOne

It’s all BS! For the last couple of years the rate is above 8%. So one month before the election the Obama administration’s job report says 7.8% as Rick Santelli, toungue in cheek predicted. There are still 23 million plus unemployed and they make no mention of how many people quit the labor force and how many filed for diability.


24 posted on 10/05/2012 9:00:12 AM PDT by kenmcg (t)
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To: ColdOne
True Unemployment= 14.7%

U-6


25 posted on 10/05/2012 9:02:37 AM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your teaching is my delight.)
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To: VanDeKoik

26 posted on 10/05/2012 9:09:18 AM PDT by AngelesCrestHighway
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To: ColdOne
It's a flaming Miracle! I see this as a win win for Democrats. If it boosts Obama back into the presidency they win. If Obama loses, for the rest of eternity Dems will point to it and say that Democrat policies caused the recovery.
27 posted on 10/05/2012 9:21:36 AM PDT by dmyhra
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To: ColdOne

so this jobs report, has all the validity of a note from obammies mom ?


28 posted on 10/05/2012 9:30:35 AM PDT by tm61 (somewhere in chicago, a ward is missing it's crook)
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To: kenmcg

Pathetic isn’t it? It should be 4.8, not 7.8


29 posted on 10/05/2012 9:38:40 AM PDT by shorty_harris
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To: Iron Munro

Hilarious!...I’m borrowing that one!


30 posted on 10/05/2012 9:41:08 AM PDT by AngelesCrestHighway
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To: luvbach1
Can lower gas prices be far behind?

Next on the list:

Iran and Obama reach agreement for Iran to stop production of nuclear material.


31 posted on 10/05/2012 9:52:52 AM PDT by Iron Munro (Obamaspeak: An army of pompous phrases marching across the landscape in search of an idea.)
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To: volunbeer

If the economy has improved at all, I would attribute it to the capabilities and resiliency of the American people, not to the present leadership.

It’s much like the amazing things that the people of the USSR did in WWII and their space program under an inefficient, morally and physically bankrupt, and inherently corrupt regime.


32 posted on 10/05/2012 9:58:04 AM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: ColdOne

I think that this lying-assed unemployment report comes at a good time. It can be addressed in the debates and debunked by Romney and Ryan. Any other time, the American Public would hear nothing but MSM spin.


33 posted on 10/05/2012 10:03:20 AM PDT by Sans-Culotte ( Pray for Obama- Psalm 109:8)
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To: Iron Munro
Iran and Obama reach agreement for Iran to stop production of nuclear material.

If that happens Iran won't live up to it any more than N. Korea lives up to its agreements. But it could give a bounce to the Usurper by those naive enough to buy it.

34 posted on 10/05/2012 10:13:25 AM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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