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Mixed Jobs Report Shows Unemployment Down to 7.8%

sergeantsnerdley Wrote: Oct 05, 2012 9:58 AM
not hardly. A small, insignificant rise in employment cannot offset the 48 months of economic disaster that obama has brought upon us. Nor can it offset the trillions of wasted tax dollars on failed liberal schemes. Nor can it offset the recent failures in security.
The jobs report prepared by the Bureau of Labor Statistics had mixed news today. Job growth was mediocre - only 114,000 new jobs were added in September, which isn't even enough to keep up with population growth. The top-line unemployment number fell to 7.8% and there was actually an increase in the labor force participation rate.

The biggest news consisted of revisions to previous reports. BLS revised the previous two months up by almost 100,000 total jobs (there were 40,000 more jobs added to August and 44,000 jobs added to July).

The economy has remained sluggish, even with the...