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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 (81-90):
annabl1970
by Platinum Member on Oct. 5, 2012 at 11:28 AM
1 mom liked this

Again you more then welcome to fudge some of your numbers, if you don't belive in facts.

Do it!

Quoting Cakes24:

Oh OUCH! Did I offend you in some way? No need to get all butt hurt over it or anything. I may be new to this group, but I'm not new to the moronic comments and arguments that come out of the seriously uneducated liberals. I can clearly see that there doesn't need to be any more nut cases in this group so why don't you all go fudge some more numbers to publish and lie to the people even more?

Quoting trippyhippy:

First- screw you

Second- you sure are acting like a serious bitch for someone who is new to a group.

Third- F@ck off

Fourth- go climb back uder your rock.  We don't need more nut cases in this group.

Quoting Cakes24:

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.

 

 

 


trippyhippy
by Gold Member on Oct. 5, 2012 at 11:29 AM
1 mom liked this

Shoo fly


Quoting Cakes24:

Oh OUCH! Did I offend you in some way? No need to get all butt hurt over it or anything. I may be new to this group, but I'm not new to the moronic comments and arguments that come out of the seriously uneducated liberals. I can clearly see that there doesn't need to be any more nut cases in this group so why don't you all go fudge some more numbers to publish and lie to the people even more?

Quoting trippyhippy:

First- screw you

Second- you sure are acting like a serious bitch for someone who is new to a group.

Third- F@ck off

Fourth- go climb back uder your rock.  We don't need more nut cases in this group.

Quoting Cakes24:

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.






asfriend
by on Oct. 5, 2012 at 11:31 AM
1 mom liked this
I might have under sold how stupid some of them are.
Posted on CafeMom Mobile
Cakes24
by Member on Oct. 5, 2012 at 11:33 AM

Well, I'm sorry all you got is a picture.... Must have got you pretty good, huh? Too bad.

Quoting trippyhippy:

Shoo fly


Quoting Cakes24:

Oh OUCH! Did I offend you in some way? No need to get all butt hurt over it or anything. I may be new to this group, but I'm not new to the moronic comments and arguments that come out of the seriously uneducated liberals. I can clearly see that there doesn't need to be any more nut cases in this group so why don't you all go fudge some more numbers to publish and lie to the people even more?

Quoting trippyhippy:

First- screw you

Second- you sure are acting like a serious bitch for someone who is new to a group.

Third- F@ck off

Fourth- go climb back uder your rock.  We don't need more nut cases in this group.

Quoting Cakes24:

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.






etsmom
by Bronze Member on Oct. 5, 2012 at 11:34 AM

Where I live, we are in a hiring freeze. The hospitals are low censused, or not hiring all together.  My husband's employer is selling his business and we haven't seen any new job growth in 4  years.  It is disturbing that the only jobs available are the fast food jobs and even those are very competitive. I am seeing grandmothers and grandfathers applying for the same jobs that  college grads and high school teens are.  Our unemployment office has a line outside of the building.  It doesn't look like the unemployment is abating her soon.  Perhaps the numbers we only polled in another area?

lga1965
by on Oct. 5, 2012 at 11:43 AM
1 mom liked this

 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.

 


 


 


 

asfriend
by on Oct. 5, 2012 at 12:10 PM
No, the numbers are fake.

It changed .04 in a month, that would be a change of historic, record proportion.

It's a lie.


Quoting etsmom:

Where I live, we are in a hiring freeze. The hospitals are low censused, or not hiring all together.  My husband's employer is selling his business and we haven't seen any new job growth in 4  years.  It is disturbing that the only jobs available are the fast food jobs and even those are very competitive. I am seeing grandmothers and grandfathers applying for the same jobs that  college grads and high school teens are.  Our unemployment office has a line outside of the building.  It doesn't look like the unemployment is abating her soon.  Perhaps the numbers we only polled in another area?


Posted on CafeMom Mobile
FromAtoZ
by AllieCat on Oct. 5, 2012 at 12:12 PM
1 mom liked this


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.

"A bird doesn't sing because it has an answer, it sings because it has a song." ~ Maya Angelou

asfriend
by on Oct. 5, 2012 at 12:12 PM
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
asfriend
by on Oct. 5, 2012 at 12:15 PM
1 mom liked this
Furthermore, the admin simply stopped counting the more than a million who have quit looking.
Add that to the equation and the unemployment number is 11.1 %


Quoting etsmom:

Where I live, we are in a hiring freeze. The hospitals are low censused, or not hiring all together.  My husband's employer is selling his business and we haven't seen any new job growth in 4  years.  It is disturbing that the only jobs available are the fast food jobs and even those are very competitive. I am seeing grandmothers and grandfathers applying for the same jobs that  college grads and high school teens are.  Our unemployment office has a line outside of the building.  It doesn't look like the unemployment is abating her soon.  Perhaps the numbers we only polled in another area?


Posted on CafeMom Mobile
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