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JAMESBJOHNSON
Guest
Unemployment drops to 7.8% on eve of election.
4est_4est_Gump
Run Forrest! RUN!
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7.7%
But it will be touted as 7.6(995)%
But it will be touted as 7.6(995)%
J
JAMESBJOHNSON
Guest
What they did was canvass households, and if you sold something on eBay or some ePorn on Amazon, youre self-employed. That is, 900K people confirmed they made some money online tho only 114K jobs were created.
mercury14
Pragmatic Metaphysician
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What time does the next leaked Mitt video come out today?
Busybody
We are ALL BUSYBODY!
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Update II: One of the main reasons the rate fell was because of a surge in part-time jobs.
Via AEI:
Only in an era of depressingly diminished expectations could the September jobs report be called a good one. It really isn’t. Not at all.
1. Yes, the U-3 unemployment rate fell to 7.8%, the first time it has been below 8% since January 2009. But that’s only due to a flood of 582,000 part-time jobs. As the Labor Department noted:
“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”
2. The broader U-6 rate — which takes into account part-time workers who want full-time work and lots of discouraged workers who’ve given up looking — stayed unchanged at 14.7%. That’s a better gauge of the true unemployment rate and state of the American labor market.
Via AEI:
Only in an era of depressingly diminished expectations could the September jobs report be called a good one. It really isn’t. Not at all.
1. Yes, the U-3 unemployment rate fell to 7.8%, the first time it has been below 8% since January 2009. But that’s only due to a flood of 582,000 part-time jobs. As the Labor Department noted:
“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.0 million in August to 8.6 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”
2. The broader U-6 rate — which takes into account part-time workers who want full-time work and lots of discouraged workers who’ve given up looking — stayed unchanged at 14.7%. That’s a better gauge of the true unemployment rate and state of the American labor market.
Busybody
We are ALL BUSYBODY!
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- Jan 23, 2011
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- 55,323
hey SCHMUCK
its being made up as we speak
something about Romney, magic underwear and dog fucking, and Ann with Mandingo shit
Obama will not have fingerprints on it
