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Much-Anticipated Jobs Report Is Out (Who will be smiling (big) today)

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Unemployment Rate Drops To 7.8 Percent, Nearly 4-Year Low


unemployment stats jobs report

By Lucia Mutikani


WASHINGTON, Oct 5 (Reuters) - The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid.

The Labor Department said on Friday the unemployment rate, a key focus in the race for the White House, dropped by 0.3 percentage point to its lowest point since January 2009.

A survey of households from which the jobless rate is derived showed 873,000 job gains last month, the most since June 1983. The drop in unemployment came even as Americans come back into the labor force to resume the hunt for work. The workforce had shrank in the prior two months.

The household survey is volatile. A survey of business establishments showed employers added 114,000 jobs to their payrolls last month, a touch above economists' expectations for 113,000 jobs. Employment for July and August was revised to show 86,000 more jobs created than previous reported.

It was the second last report before the Nov. 6 election that pits Obama against Republican Mitt Romney.

A Reuters/Ipsos poll released on Thursday after Wednesday's first presidential debate showed Romney gained ground and is now viewed positively by 51 percent of voters. Obama's favorability rating remained unchanged at 56 percent.

Economists blame the so-called fiscal cliff for the slowdown in business hiring, which has left millions of Americans working either part-time or unemployed and too discouraged to look for jobs.

The Congressional Budget Office has warned that a failure by Congress to avoid the automatic tax hikes and government spending cuts that will suck about $600 billion out of the economy next year would knock the economy back into recession.

"Businesses are not hiring people, they want to wait and see how the election evolves and how the political landscape shapes up," said Sung Won Sohn, an economics professor at California State University Channel Islands in Camarillo, California.


by on Oct. 5, 2012 at 9:17 AM
Replies (101-110):
Pema_Jampa
by SxyTaco on Oct. 5, 2012 at 12:50 PM

You girls know that Obama made up those numbers right?

wink

asfriend
by on Oct. 5, 2012 at 12:52 PM
I'll take that, thank you.
Any exercise that strengthens the mind is good, I think, and I suck at sudoko. (sp?)


Quoting FromAtoZ:


Quoting asfriend:

I didn't mention intelligence at all.





Quoting FromAtoZ:


Quoting asfriend:

No chance!








Quoting Cakes24:

Wow, what a bunch of nit-pickers...so lame. Get REAL facts and post them.




Yet you are a constant within the group.

Please, feel free to find your common sense, your facts and such else where.

People who complain about the lack of those in this group, while remaining a member, and active themselves, seems rather off some how.  

Is it just for the entertainment value?  I would think those who feel they are amongst lower intelligence while being in this group would realize their trolling could be seen as a lack of their own worth and intelligence.



You are good at deflection, I most certainly need to hand  you that one.


Posted on CafeMom Mobile
asfriend
by on Oct. 5, 2012 at 12:58 PM
You do, or you do not know, that they are always "made up" they are estimated, not an exactimate , there is no supercomputer, spitting out the exact number.


Quoting Pema_Jampa:

You girls know that Obama made up those numbers right?

wink


Posted on CafeMom Mobile
Pema_Jampa
by SxyTaco on Oct. 5, 2012 at 12:59 PM

We know "Obamacomputer".

Quoting asfriend:

You do, or you do not know, that they are always "made up" they are estimated, not an exactimate , there is no supercomputer, spitting out the exact number.


Quoting Pema_Jampa:

You girls know that Obama made up those numbers right?

wink



OHgirlinCA
by Platinum Member on Oct. 5, 2012 at 1:03 PM

 Yep... I just bumped a post about just that...

Quoting mustbeGRACE:

...even MORE people have stopped looking for work...............

 

asfriend
by on Oct. 5, 2012 at 1:09 PM
Hooked up to the Obama phone?


Quoting Pema_Jampa:

We know "Obamacomputer".

Quoting asfriend:

You do, or you do not know, that they are always "made up" they are estimated, not an exactimate , there is no supercomputer, spitting out the exact number.





Quoting Pema_Jampa:

You girls know that Obama made up those numbers right?

wink





Posted on CafeMom Mobile
Pema_Jampa
by SxyTaco on Oct. 5, 2012 at 1:10 PM

Controlled and programed by Obamabots.

Quoting asfriend:

Hooked up to the Obama phone?


Quoting Pema_Jampa:

We know "Obamacomputer".

Quoting asfriend:

You do, or you do not know, that they are always "made up" they are estimated, not an exactimate , there is no supercomputer, spitting out the exact number.





Quoting Pema_Jampa:

You girls know that Obama made up those numbers right?

wink






asfriend
by on Oct. 5, 2012 at 1:26 PM
1 mom liked this
and revered by the Obamazombies.

(now we are getting somewhere)


Quoting Pema_Jampa:

Controlled and programed by Obamabots.

Quoting asfriend:

Hooked up to the Obama phone?





Quoting Pema_Jampa:

We know "Obamacomputer".

Quoting asfriend:

You do, or you do not know, that they are always "made up" they are estimated, not an exactimate , there is no supercomputer, spitting out the exact number.








Quoting Pema_Jampa:

You girls know that Obama made up those numbers right?

wink









Posted on CafeMom Mobile
lga1965
by on Oct. 5, 2012 at 3:38 PM
Asfriend is referring to me.....she thinks it's funny to actually use correct grammar. She bashed me for it several times. (

Quoting survivorinohio:

Attacks on my gammar, how nice.

Quoting asfriend:

Maybe you could teach her the see spot run grammar, I loved it!





Quoting lga1965:

 I agree. I have learned alot. And I have been inspired to search for more information on many different subjects. It is never too late to learn and read and study and open one's mind to new things. But it looks like the cake person has closed up shop and decided to not let any more information enter her brain. Too bad.



Quoting survivorinohio:



Ok you actually made me laugh out loud.



I recieved a lot of education at Akron U but I have still learned a lot from the ladies here, we have some very smart  and highly educated women in our midst.



You continue to show a closed mind.



No one wishes to have beliefs shoved down their throat I am sure.






Quoting Cakes24:



I'm so sorry that you chose to come here to learn....



When I said I don't want to be "educated" by the liberals in here, I meant that I don't want to have their beliefs shoved down my throat and I don't want them to try and change my mind with bs stats.



Quoting survivorinohio:



I am here primarily to learn and i believe wholeheartedly that even people who i fervently disagree with have something I can learn from them.  To declare you refuse to be educated implies that you do indeed have a closed mind.



Quoting Cakes24:



Why doesn't it surprise me that because I don't agree with you all that I'm "close-minded"?



Quoting survivorinohio:



Arent you just sunshine and flowers .



I just want to point our that beyond political affiliation there is humanity of which we are all a part which demands that we try to work together.  Closed minds are not the solution.









First, I'd like to point out your signature. It just shows so much about your character.



Second, that's not the real unemployment rate and anyone and everyone who thinks it is is just plain ignorant. I think a couple other repliers are absolutely right. If there was a change in the rate, it's only due to seasonal jobs and people who have stopped looking for work.



Third, I can't believe the lefty liberal pool I just jumped into. Wow...you people will say anything to defend our sorry excuse for a President.



Fourth, let it be known that I will not accept any attempt from you (liberals) to try to "educate" me with your crap statistics.



Quoting trippyhippy:

What's f@cked up is the conservatives actually want bad job numbers. How selfish and unamerican.




















 




Posted on CafeMom Mobile
Sisteract
by Whoopie on Oct. 5, 2012 at 3:51 PM
1 mom liked this

Kind of like the debate last Wednesday night...only the target was naive, uneducated, pseudo-political  sheeple.

Quoting asfriend:

I am going to guess that the reason is that it's a conveniently timed lie, so that the media can influence the simple minded bots to not lose faith in dear leader.


Quoting Citygirlk:

Why arent you happy that people are finally getting to work?



Quoting Aislinn:

 Bull. Shit. ...Hook, line and sinker. Yes, because of seasonal jobs and people who are no longer eligible for unemployment benefits. You do not find it suspicious that this is right before the election? This country is so screwed. Not because of our government, but the gullibility of the American people. Sad.



Separation of church and state is for the protection of BOTH church and state.
Leading with hate and intolerance only leads to MORE hate and intolerance.
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