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-   -   Economics Final Job Report before Election...171,000 jobs added (http://www.chiefsplanet.com/BB/showthread.php?t=266094)

dirk digler 11-02-2012 07:10 AM

Final Job Report before Election...171,000 jobs added
 
Pretty good number and BLS upward revised the prior months as well.

Quote:

http://money.cnn.com/2012/11/02/news...html?hpt=hp_t1

Hiring increased last month, while the unemployment rate ticked higher, according to a report released just four days before the presidential election.

The economy added 171,000 jobs in October, while the unemployment ticked up to 7.9, from 7.8% in September, the Labor Department said Friday.

Economists surveyed by CNNMoney had expected employers to add 125,000 positions in the month and unemployment to inch up to 7.9%.

The number of jobs added in August and September were revised sharply higher, adding a combined 84,000 more jobs that originally reported.

Professional and business services added 51,000 positions, while health care employment rose by 31,000. Retail and leisure and hospitality also boosted payrolls. Manufacturing was little changed and mining lost 9,000 jobs.

blaise 11-02-2012 07:14 AM

Good news, Obama.

Bad news, Bush.

dirk digler 11-02-2012 07:15 AM

Quote:

Originally Posted by blaise (Post 9076429)
Good news, Obama.

Bad news, Bush.

Worse news for Romney

blaise 11-02-2012 07:16 AM

Quote:

Originally Posted by dirk digler (Post 9076435)
Worse news for Romney

I've figured Obama would win for a long time. It's not something I stress about.

dirk digler 11-02-2012 07:22 AM

Quote:

Originally Posted by blaise (Post 9076438)
I've figured Obama would win for a long time. It's not something I stress about.

That's because you are a reasonable guy.

The best news is this is good for America regardless who is POTUS. We need to get people back to work.

petegz28 11-02-2012 07:29 AM

7.8%-7.9% is going the wrong way

Chief Henry 11-02-2012 07:29 AM

The young peoples unemployment rate went up again for ages 20-24 . They need jobs and this leadership has failed this age group greatly. This age group has had their eyes opened up since getting away from their liberal high school and college teachers. Welcome to the real world youngsters !

petegz28 11-02-2012 07:31 AM

Unemployment rate higher today than when Obama took office

patteeu 11-02-2012 07:50 AM

Quote:

Originally Posted by Chief Henry (Post 9076470)
The young peoples unemployment rate went up again for ages 20-24 . They need jobs and this leadership has failed this age group greatly. This age group has had their eyes opened up since getting away from their liberal high school and college teachers. Welcome to the real world youngsters !

They need jobs so they can pay the bills Barack Obama is racking up for them.

patteeu 11-02-2012 07:50 AM

Quote:

Originally Posted by dirk digler (Post 9076435)
Worse news for Romney

Don't kid yourself. This report isn't going to help Obama. It probably won't have any effect at all.

LVNHACK 11-02-2012 07:56 AM

Quote:

Originally Posted by Chief Henry (Post 9076470)
The young peoples unemployment rate went up again for ages 20-24 . They need jobs and this leadership has failed this age group greatly. This age group has had their eyes opened up since getting away from their liberal high school and college teachers. Welcome to the real world youngsters !


That's part of the same group targeted to get O elected....I wonder if they've learned anything

Direckshun 11-02-2012 07:57 AM

More people looking for work again, too, which is why unemployment ticked up.

This is good news.

Direckshun 11-02-2012 07:57 AM

Quote:

Originally Posted by petegz28 (Post 9076468)
7.8%-7.9% is going the wrong way

Adding more jobs, and more people looking for work rather than no longer looking for work, is a good thing.

dirk digler 11-02-2012 08:00 AM

Quote:

Originally Posted by patteeu (Post 9076526)
Don't kid yourself. This report isn't going to help Obama. It probably won't have any effect at all.

I think it could have some effect to help people who are left undecided.

petegz28 11-02-2012 08:06 AM

Quote:

Originally Posted by Direckshun (Post 9076553)
Adding more jobs, and more people looking for work rather than no longer looking for work, is a good thing.

No shit, sherlock. That gets pointed out whenever you libtards go all batshit about the rate going down. I thought I would try your tactic to see how quick you suddenly demonstrated an understanding of basic math.


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