In response to:

Final Pre-Election Jobs Report Is Not Good News for Obama

Ginger12 Wrote: Nov 03, 2012 8:52 AM
What I don't understand is that the unemployment has been at 8.3 forever...in August, we got 95,000 new jobs and nothing changed...then in September, we got 114,000 new jobs and all of a sudden the jobs improved by .5 to 7.8 .... and now we get 158,000 new jobs and it goes back up to 7.9. Does the term "cooking the books" ring a bell here. How can approximately 14,000 new jobs in September bring the unemployment down by .5? Something stinks here and I think most of us know what it is.
BK22 Wrote: Nov 03, 2012 9:22 AM
Big swings in people dropping out of the workforce number.....more important number to look at is the participation rate...which is now around 63% and the UC6 Unemployment number which is at 14.6%...this includes those working part-time insterad of fulltime and includes those that quit looking.
BoxingKitty Wrote: Nov 03, 2012 12:43 PM
People don't "quit looking." They just aren't counted anymore because they aren't receiving unemployment benefits. I've been out of work three years. I have never stopped looking, but I am not counted because I don't get benefits.

In some sense, the President is fortunate. I predicted a long time ago that he would win re-election if the unemployment rate was under 8 percent.

Well, the new numbers just came out and the joblessness rate is 7.9 percent.

So even though his stimulus failed, and even though his class-warfare tax policy is like a dark cloud over the economy, and even though his plans to further increase the burden of government spending will accelerate America’s...

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