latest jobs report
 

good news on that front. hopefully it will continue in that vein.

Mostly in services

Decreased 10,000 jobs in goods producing.

The underemployed rate is at 14.7%

But still a victory for any residing President in this idiocracy. The morons eat up cooked books.

:tro:

It's reported in the cooked books that part-time jobs increased 600,000+

But really it doesn't matter. Most people look at the headline because they're busy. Just met someone that gave them their hotel room key. Don't have time for studying. Plus the person who gave you the room key said everything is fine.

And do you EVER remember them revising previous numbers UPWARD?

No. Well not for the big report. Only mild gains on average at the weekly churn.

But I give up. We're lost, jms. When you have successful people conditioned to accept this economy then it's over. No return to any form of sanity.

As long as the pigs at the royal farms get fed then everything stays the same.

Try going in that pen and making the pig sacrifice anything over the pigs self-interest.

We get what we deserve.

Didnt get to read up on all the news, just scanned the article before leaving to go to closing.....i knew thered be more to it, just didnt have time to read it all.

Interesting analogy considering the story out just a few days ago about the farmer apparently eaten by his hogs.

Yes. We have two economies: one for the wealthiest, and one for the 47%.

Unemployment at Obama-administration low of 7.8% Lowest since Obama was elected, in face of 100% Republican obstructionism. Treasuries up to 1.73% yield. Dow up 50 points on this announcement, and now at 5-year high, you can get yields of 10-15% readily if you have the money to place.

That's the economy for the top quintile of Romney's 53%

Meanwhile, the other 47% has real wages falling for 50 years in a row, had their pensions taken away, no benefits at work, a minimum wage that put you barely above poverty level, doesn't even have a simple, reliable method of saving any money with a compounding interest rate of even 1% of any means whatsoever.

And Romney-Ryan want you to elect them, so they can additionally privatize to profitize the taxpayers social security and medicare/medicaid trust funds.

That's about the only big piles of money left for the wealthy to skim in the USA. Oh - school education funds. They want to privatize to profitize those funds, too.

On the unemployment numbers: Of course there are still unemployed people not in the numbers. Everyone knows that. I'm tired of everyone calling these numbers "cooked", or talking about "real" unemployment when these numbers come out: these numbers have been created the same way through all administrations, there are always people not included in these unemployment numbers who are not looking or who have fallen off the grid, everyone knows that.

It is not a secret, nor is it "cooking the books" to compare apples to apples year after year. Everyone knows there is always about an additional 4% group of Americans who will never, ever be employed or be looking for work, whether the official unemployment numbers are 3.6% or 7.8% or 15.4%

That said: right now Congress is sitting on, ignored by the GOP, the American Jobs Act that would immediately create 2 million jobs, and the Veterans Jobs Act that would employ 100,000 unemployed veterans.

Republicans vote against these bills. Democrats vote for them. Choose your side Nov 6. If you vote Democratic and the House turns, both bills will be immediately passed January 2013 and real unemployment will drop like a rock next spring.

Geeshus, I'm so sick of internet conspiracy theorist Obama-hating idiots:

Can the White House cook the unemployment numbers?

No, says prominent Republican after Republican:

"Its uncharacteristic of the Obama administration to lie about something like this..."

So it is "characteristic" to lie about other things, just not reports produced by supposedly non-partisan gov't bodies? Or it is out of character for them to lie but, you know, sometimes they do? I'm amazed that people say **** like this and no one calls them on it.

You can contact the journalist author of the piece, Abby Eblin of ABC News, here to complain to her:

http://abcnews.go.com/blogs/business...-jobs-numbers/

I agree, that line she wrote doesn't exactly fit with what the source she was quoting is saying:

Not so, the real rate is 14%...I heard it from Neal Boortz and one of his callers verified it...that's nuff for me...:wf

Glad to see the government is doing well enough to expand and hire 10K more Fed employees at bloated salaries and even more bloated pensions that our great grandchildren will end up paying for. Must be all that consolidating Obama promised. Guess the middle class (in the private sector) don't really matter all that much when compared to the government worker. And halving the deficit? Forgetaboutit!


http://cnsnews.com/news/article/unem...rnment-workers

This is like that trick we do to little kids...you hold your hand sideways, you hide that thumb, but take the thumb from your other hand and slide it back n forth across the top of your hand so it looks like its detached...misleading & deceiving, just like this administration!!!!!

You are admitting that you really think this administration has falsified figures? :D

But when you're an adult and promise other adults you will halve the deficit or you will be a one term president you should honor that promise and admit you're a complete failure (increasing the deficit) and step down.

But when you're a man with a racist pastor you attribute to bringing you to Christ and then flush him down the toilet because of personal gain you are a two-faced creep!

Or just a plain ole moron of Al Sharpton ilk.

Congrats on a sputtering economy and lower median income after 4 years at the helm.

Yeah, allegedly down to 7.8% woo hoo!!

What are the odds that Obama's "master plan" involved having elevated unemployment from the Bush years, and over 8% for 43 straight months before coming down slightly?

Isn't it more logical that if Obama's plans were doing any good, that there would have, at some point, been a gradual but steady downward trend in unemployment?

Jack Welch's comments on "cooking the books" don't sound too far-fetched.

:tro::tro: