US jobless rate falls to 7.8 pct., 44-month low

SahTiva

Well-Known Member
The jobs report for this month is already on the fictional best seller lists among dems.
 

canndo

Well-Known Member
They must have retrieved the magic, liberal abacus. Only the abacus is capable of generating this kind of data. Only liberals and people with head injuries would give this any credence.

Funny thing - had that report said that unemployment went up to 8.9 you would have clung to it as gospel.
 

rollinbud

Active Member
So what was the "u-6" unemployment rate during Bushes term when unemployment was 5.5%?

Hey did you know the "u-1" unemployment rate is 4.3%?

Why does anyone give a damn about what something was under Bush, can't you morons focus on your 0bama disaster?
 

rollinbud

Active Member
Cue conservatives ripping their hair out.
"The 7.8 percent unemployment rate for September matches the rate in January 2009, when Obama took office. In the months after Obama's inauguration, the rate rose sharply and had topped 8 percent for 43 straight months. "

Yeah after all this time we're finally back to where we started with the unemployment rate, great job! I wonder what they tweaked this time to get there?
 

NLXSK1

Well-Known Member
"The 7.8 percent unemployment rate for September matches the rate in January 2009, when Obama took office. In the months after Obama's inauguration, the rate rose sharply and had topped 8 percent for 43 straight months. "

Yeah after all this time we're finally back to where we started with the unemployment rate, great job! I wonder what they tweaked this time to get there?
They based the numbers off of one hell of alot of ASSUMPTIONS...
 

RyanTheRhino

Well-Known Member
I am convinced the media has you and a big chunk of the population right where they want you.

TV + (GOOD)TV shows = entertainment = money
TV + (BAD)TV shows = No entertainment = No money

Unchanged jobs report..........= (BAD)TV. = $
(+or-) change in jobs report..=(GOOD)TV = $$
Conspiracy about job reports =(BEST)TV.. = $$$$$$$$$$

So lets sum this up (no pun intended) if there is a way to make more money you can bet they will do everything in their power to get it.
A national debate that focused on jobs happened yesterday?
A job report was released today?

= The reports were revised and it could have been altered


so there you have it, and almost every job report is revised right before the release so why is this special?
I have no reason to believe either side on this, but continue to watch them (L&R)news fight over it so they can make more money.
 

ChesusRice

Well-Known Member
You guy's honestly make me sick
Your willful ignorance is amazing

Economists believe New UC claims under 400000 a week is a sign the economy is improving
over 400000 new UC claims means the economy is weakening

And it has been that way for the last decade

The economy is improving has been for a while

Why can't you be happy?
 

RyanTheRhino

Well-Known Member
It all started with this tweet by Former General Electric CEO Jack Welch

"Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers,"
 

beenthere

New Member
You guy's honestly make me sick
Your willful ignorance is amazing

Economists believe New UC claims under 400000 a week is a sign the economy is improving
over 400000 new UC claims means the economy is weakening

And it has been that way for the last decade

The economy is improving has been for a while

Why can't you be happy?
LMAO might want to check your numbers Sparky, major copy and paste FAIL LMAO
 

RyanTheRhino

Well-Known Member
I watched that live this morning around 10ish. That's why I feel the media just wants a conspiracy to get more views. I mean did he really have to ask that question. " so um are these fake numbers" based off of absolutely no evidence other then opinion.

she should have responded: "yea they are all fake, our department is here for shits and giggles. we sit around all day playing Xbox while eating Cheetos, and the highest score is what we publish for the jobs reports"
 

ChesusRice

Well-Known Member
LMAO might want to check your numbers Sparky, major copy and paste FAIL LMAO
Didnt copy and paste any of that
But I will google something for you now

Because of the extreme volatility of the non-adjusted weekly data, a 52-week moving average gives a better sense of the long-term trends. This metric has now fallen below 400,000 for the first time since late November 2008. I've now added a linear regression through the data. We can see that this metric has been falling below the long-term trend stretching back to 1968.
weekly-unemployment-claims-NSA-52-ma.jpg
 

NLXSK1

Well-Known Member
Didnt copy and paste any of that
But I will google something for you now

Because of the extreme volatility of the non-adjusted weekly data, a 52-week moving average gives a better sense of the long-term trends. This metric has now fallen below 400,000 for the first time since late November 2008. I've now added a linear regression through the data. We can see that this metric has been falling below the long-term trend stretching back to 1968.
View attachment 2362417
There is no indication if the dropoff is due to people finding jobs or people simply giving up looking for a job. Therefore, the chart has no meaning...
 

brotherjericho

Well-Known Member
too bad we don't measure by U-6.
I know, liberals don't think about the individuals, they look only at the collective. If 7.8% is good although much of that comes from people leaving the work force (for various reasons), then so be it.

Its all about the denominator. Smaller the bottom number, larger the percentage.
 
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