Unemployment rate drops to 7.8% on lower than expected job creation number?
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Unemployment rate drops to 7.8% on lower than expected job creation number?



The govt says unemployment dropped from 8.2-7.8% in one month, which is a great performance.
  1. It takes over 150,000 new jobs per month to stay even with population growth
  2. If unemployment dropped, we either have to exceed that number or the workforce has to shrink
  3. The govt says the workforce grew!
  4. But the government said the total number of jobs employed surged by 873,000, the highest one-month jump in 29 years. The total of unemployed people tumbled by 456,000.
  5. Last month saw 142,000 new jobs as the rate dropped from 8.3 percent in July.
 There are now 325,000 more jobs than when Obama took office. That’s about 8,000 new jobs a month growth. See #1 above.
Can anyone explain this to me?
I must be stupid, but it seems internally inconsistent.




- More Lies, Damned Lies, And Statistics
In the continuing series of lies and misrepresentations from our gov't, BLS and the media I give you today's unemployment report... CNBC: US added 295,000 jobs in Feb vs. 240,000 est; unemployment rate at 5.5% vs. 5.6% est Job creation boomed...

- 2 Years 11 Months And 1 Day
Lessee here "Official" unemployment 8.3% and 195,000 fewer people had jobs AND another 150,000 dropped out of the workforce EQUALS Good News! because 163,000 so we must be moving in the right direction CNSNews: 195,000 Fewer Americans Had Jobs in July;...

- The Obama Jobs Gap Is Up To 15 Million Missing Jobs
From American.com: A much-needed reminder that despite the recent upturn in the jobs market, there is still an awfully big employment hole to fill, as JPMorgan economist James Glassman points out: A useful way to assess the challenge for the US economy...

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Newsmax: Unemployment Tricks: Jobs Claim Made by 'Shrinking' Workforce Monday, 06 Feb 2012 10:11 PM By Andrew Henry Last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent — the lowest it has...

- I Can't Stand It Anymore
having more & more of Epa's Howard Beale moments lately. . . PLEASE TELL ME HOW THE FUCK THEY CAN SPIN IT AS AN IMPROVEMENT IN THE JOBLESS RATE WHEN A PARAGRAPH EARLIER THEY SAID IT WAS BECAUSE PEOPLE GAVE UP LOOKING FOR WORK! newsmax: Unemployment...



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