Maybe they should have done this a day after finding out jobless claims are up and housing prices are down.
Whoopee FReeking Ding.
It will probably be for the same reason the official rate dropped to 8.3/8.2%, people supposedly dropping out of the labor force. What they really do is run out of unemployment benefits, and thus are more difficult to count.
I'll be running out myself soon. Six weeks left, INCLUDING this week.
I should have sold my house already, but that would feel like giving up. I'm still spending several hours a day searching for another job. When i try to apply for jobs requiring less experience than I have, I get rejected as not meeting their needs. I've had a handful of telephone interviews with the hiring/technical managers. Only two on site interviews, in 16 months, not counting the two months after we were notified of the layoff, but before it actually occurred.
Hey why don’t they just call it 0 percent unemployment, we all know they want to..anything to get their big eared kenyan freak re-elected
Ahhh, just in time for the election... who’d -a-thunk-it...
Don’t worry, Barry will find a way to f**k it up. 8.7% by October.
For my future- unexpectedly files
Since when did the Fed start making predictions on the unemployment rate? It’s another Obama ploy.
They’ll manufacture any numbers necessary to get Ubama reelected.
so, to get there, that’s what, another 2 million drop out of the work force ?
As in their declaring there is no inflation after eliminating the price of gas, food, heating and any other item needed to exist from their calculations...
Well, the Fed has put the word out. Now the Bureau of Lying Statistics (BLS) has a few months to generate dubious statistics to back up the projection. Didn’t see this coming in an election year didya?
What do you think? 2.5% unemployment on October 26?
That should be good for a few million more votes.
Cheerleading for the regime much???