Skip to comments.Fact Check: Suspicion Falls on Labor Secretary Solis as She Misleads on Jobs Numbers
Posted on 10/05/2012 8:27:36 AM PDT by Justaham
Suspicion about the federal government's September jobs report has fallen on Secretary of Labor Hilda Solis, who appeared on CNBC this morning and defended the numbers from the Bureau of Labor Statistics (BLS), claiming--falsely--that upward revisions of 86,000 jobs were from the private sector. In fact, the new number is entirely accounted for by upwards revisions to state and federal government payrolls.
The BLS reported that while only 114,000 jobs were created in September--which would have translated into a rise in unemployment from 8.1% to 8.2%--the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades, and was unexpected even in the rosiest predictions.
One reason for the rise was an upward revision of 86,000 to the July and August jobs numbers--all of which came from a 91,000 increase in the estimate of public sector jobs. Private sector job estimates were actually revised downward by 5,000.
(Excerpt) Read more at breitbart.com ...
The second saddest thing about this is that upwards of 40%-45% of the population already believe the figures without further evaluation.
because..No president has been re-elected with unemployment above 8 percent since Depression
Number of new jobs created in September: 114,000
Number of first-time jobless claims in September: 367,000 (Week ending Sept. 28th)
The average weekly first time jobless claims in September averaged over 360,000 which means in September, 1,440,000 people lost their jobs and had to find a new one.
Does it stand to reason to anyone with a functioning brain that the unemployment rate could drop three-tenths of a percent with those numbers?
Its mathematically impossible!
UNLESS YOU STOP COUNTING THOSE WHOVE FALLEN OFF THE ROLLS, THOSE WHOVE GIVEN UP LOOKING AND FOUND A WAY TO SHRINK THE LABOR FORCE PARTICIPATION RATE!
A look at the Labor Force Participation Rate tells the TRUE STORY behind the 7.8% number. Our economy is at an ALL TIME LOW in the percentage of working age adults that have full-time employment.
Since January of 2009, the Labor Force Participation Rate which the Bureau of Labor Statistics maintains shows that the rate has steadily declined under Obama!
Under Obama, the Labor Force Participation Rate, which was at record highs under Bush have fallen to historic lows under Obama!
Whos to blame for that? Obama and his FAILED ECONOMIC POLICIES, THATS WHO!
I think most Americans with a reasonably functioning brain, capable of doing basic math can see how Obamas been DESTROYING our economy and driving people out of the work force to artificially deflate the unemployment numbers!
Great spin, if one can pull it off but the DATA shows Obama and his policies to be an abysmal failure.
Now heres the truth about the stellar job creation the Associated Pravda (I meant Press) is telling about the economy:
It's now being reported that the economy created 114,000 jobs.
That's 114,000 across all 50 states.
That's 2,280 jobs per state. (114,000 / 50)
That's 570 jobs per week, per state. (2280 / 4 weeks)
What does that mean for the average job seeker? There are only 81 jobs per day, per state are being created under the Obama economy! (This is the stat that Romney needs for the next debate!)
Yeah, I guess I don't blame Obama for not wanting to talk about the economy during the debate the other night!
What has the chocolate ration been increased to?
Hate to disagree, but the masses fall for it all
I am insulted she believes we are morons.
I only need to see the name ....Solis and I know the numbers are false.
Rush said over a year ago that by hook or by crook, the job number would be under 8% by election day. He was exactly right...it was by crook.
Are we still at war with EastAsia? or is it Oceania?
I recall that broadcast. He did predict this, but what else would one expect from this regime? Just a simple trip to the gas pump should tell Americans all they need to know about 0bama. Prices ‘necessarily skyrocketing’. Everyone who watched the debate should’ve made up their minds for Romney then and there.
Data: "Can you recommend a way to counter the effect?"
Q: "Simple. Change the gravitational constant of the universe."
Your opinion, not mine, and I will end with that.
This will quickly be forgotten.
Just got back from the Docs and told everyone in the waiting room about this when the TV was on.
All but one said they had no idea how bad it was, how the media lied.
Been on the internet now and getting the word out, they cannot get away with this B/S and the GOP needs to call a press conference and get on live camera like Pelosi and Reid always did after Bush spoke and state how these numbers do not add up and how the media needs to to do their job.
Obama looked confused and weak the other night because obama has never been questioned by anyone until now.
he knows Romney knows his stuff and so he was already intimidated by Romney and did not call Romney out anytime because he knows his talking points only work on the stupid, the weak and the ignorant at his rallies.
My guess is that Obama’s illegal changes to the Welfare Work Requirements resulted in a lot of things now being considered as temporary work.