Unemployment rate falls to 8.6%

#1
MG1968

MG1968

That’s No Moon…
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#1
News Headlines

not going to waste time with the obvious spin

the story doesn't really say it outright, but it sounds as though most of these jobs are going to be temporary, seasonal positions that will disappear as quickly as they appeared.
 
#2
#2
The 8.6% number isnt legit, the Labor Force Participation rate went down 64.2 to 64. We added 120K jobs (which was below estimates) and 315K people dropped out of the workforce
 
#6
#6
This is actually going to work against Obama. Assuming the current course, these numbers will go back up around February when the seasonal positions get axed.
 
#15
#15
I am going back on my self-imposed ban just long enough to say that you 'tards make me laugh because, over and over, whenever the unemployment rate has ticked up a tenth of a point, you guys insta-blame Obama whereas, when it drops like this, you mock any claim of credit for that by those promoting Obama.

And fyi, the jobless numbers adjust for seasonal hiring. While it doesn't completely discount it and so there will surely be some loss of a portion in the first or second quarter of '12, some significant portion will remain. And of course what really matters here is the trend more than anything else. What, you expect it to go from 9.1 to 7.2 in one quarter?

Not surprised by these posts, though. Santelli was beside himself this morning trying to come up with ways to knock this number, despite the higher WS open directly as a result.

Transparent that many of you would prefer that people continue to suffer if it means you can unelect Obama. Pretty cynical.
 
#16
#16
VolsNSkinsfan posted the reason yet you ignore it. Shouldn't be surprised
 
#17
#17
lawgator1 said:
I am going back on my self-imposed ban just long enough to say that you 'tards make me laugh because, over and over, whenever the unemployment rate has ticked up a tenth of a point, you guys insta-blame Obama whereas, when it drops like this, you mock any claim of credit for that by those promoting Obama.

And fyi, the jobless numbers adjust for seasonal hiring. While it doesn't completely discount it and so there will surely be some loss of a portion in the first or second quarter of '12, some significant portion will remain. And of course what really matters here is the trend more than anything else. What, you expect it to go from 9.1 to 7.2 in one quarter?

Not surprised by these posts, though. Santelli was beside himself this morning trying to come up with ways to knock this number, despite the higher WS open directly as a result.

Transparent that many of you would prefer that people continue to suffer if it means you can unelect Obama. Pretty cynical.
Click to expand...

LOL. make them sufferrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
 
#18
#18
golfballs03 said:
LOL. make them sufferrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Click to expand...

It's true. The GOP and it's relatively wealthy constituency have no compunction about letting the unemployed twist in the wind if it means electing a more pro-business president.
 
#19
#19
lawgator1 said:
It's true. The GOP and it's relatively wealthy constituency have no compunction about letting the unemployed twist in the wind if it means electing a more pro-business president.
Click to expand...
. . . Or maybe they just understand the way jobs get created in the first place.
 
#20
#20
lawgator1 said:
I am going back on my self-imposed ban just long enough to say that you 'tards make me laugh because, over and over, whenever the unemployment rate has ticked up a tenth of a point, you guys insta-blame Obama whereas, when it drops like this, you mock any claim of credit for that by those promoting Obama.

And fyi, the jobless numbers adjust for seasonal hiring. While it doesn't completely discount it and so there will surely be some loss of a portion in the first or second quarter of '12, some significant portion will remain. And of course what really matters here is the trend more than anything else. What, you expect it to go from 9.1 to 7.2 in one quarter?

Not surprised by these posts, though. Santelli was beside himself this morning trying to come up with ways to knock this number, despite the higher WS open directly as a result.

Transparent that many of you would prefer that people continue to suffer if it means you can unelect Obama. Pretty cynical.
Click to expand...

Not even true. Futures were higher and dropped soon after employment numbers. They were hoping for better numbers.
 
#21
#21
lawgator1 said:
It's true. The GOP and it's relatively wealthy constituency have no compunction about letting the unemployed twist in the wind if it means electing a more pro-business president.
Click to expand...

the democrats have just as many "relatively wealthy" people in their constituency, to claim otherwise is beyond dishonest.

btw, remember during the Bush administration when 5% unemployment was being called a tragedy by congressional dems and your fellow travelers at MSNBC.
 
#22
#22
LG ... You should forget your self imposed ban. Come on back, the Politics forum is not the same without you around for the guys to pick on...
 
#23
#23
lawgator1 said:
I am going back on my self-imposed ban just long enough to say that you 'tards make me laugh because, over and over, whenever the unemployment rate has ticked up a tenth of a point, you guys insta-blame Obama whereas, when it drops like this, you mock any claim of credit for that by those promoting Obama.

And fyi, the jobless numbers adjust for seasonal hiring. While it doesn't completely discount it and so there will surely be some loss of a portion in the first or second quarter of '12, some significant portion will remain. And of course what really matters here is the trend more than anything else. What, you expect it to go from 9.1 to 7.2 in one quarter?

Not surprised by these posts, though. Santelli was beside himself this morning trying to come up with ways to knock this number, despite the higher WS open directly as a result.

Transparent that many of you would prefer that people continue to suffer if it means you can unelect Obama. Pretty cynical.
Click to expand...

Oh please - there are numerous threads where you posted a small drop and interpreted some trend and gave analysis that things were getting better only to see that "trend" reverse itself.

Are you honestly suggesting that this is a trend?
 
#24
#24
Skin has it right, the 100,000+ workers added = the approximate number of Santa Clauses hired at the malls, Boomberg reports that 330,000+ workers have run out of unemployment and have gone on welfare and foodstamps.

The foodstamp president has 2,000,000 less hourly employees in America since he took office and that doesn't take into account however many of the entrepeneurs and self employed that are now out of the money during his crazy crony capitalism reign.

obamao_black_white_and_red_all_over.jpg


Obama-job-approval.jpg


Hitobam.jpg
 
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