Officerrob
Banned
8:30, so 8 minutes
-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
PoliGAF 2012 |OT3| If it's not a legitimate OT the mods have ways to shut it down
- Thread starter pigeon
- Start date
- Status
Officerrob
Banned
8.1% unemployment, 96K jobs
That lowered percentage is HUGE
That lowered percentage is HUGE
Black Republican
Member
i was half right! lol
Officerrob
Banned
8.1%
planar1280
Banned
CNBC:
96,000 , ls than expected. Unemployment Rate drops more than expected to 8.1
96,000 , ls than expected. Unemployment Rate drops more than expected to 8.1
Salvor.Hardin
Banned
Time to roll out some QE 3.
Officerrob
Banned
They were going to yap about something regardless
Black Republican
Member
reversal from last month, gop will look at k, dnc @ %
Salvor.Hardin
Banned
Uh you guys don't get it do you?
From Bloomberg
The only reason it fell to 8.1% is because 368,000 people left the labor force.
Joe Shlabotnik
Banned
Youch. 96K is pretty shitty, guys. Not sure if it will make a difference though.
ErasureAcer
Banned
People don't retire?
Officerrob
Banned
No, we understand the job number is pretty shitty, but the lowering of the percentage is what most of the "average" Americans will see because they pay little attention. At the end of the day I'll take whatever I can to keep Romney/Ryan out of office.
In all honesty, the optics of a lower unemployment rate coupled with low job growth is at the moment much more preferable to higher job growth with an increased unemployment rate.
The public doesn't give two shits about how many people dropped out in the labor force, all they'll see is the number going down and that's good enough.
electricpirate
Member
My personal method of predicting bad numbers when the indicators are good continues to work like magic :|.
The rate dropping because people are leaving the workforce isn't a good thing for Obama, people aren't looking at the rate to vote for him, they are looking at their friends and neighbors. If those people are discouraged, that isn't a good thing.
The rate dropping because people are leaving the workforce isn't a good thing for Obama, people aren't looking at the rate to vote for him, they are looking at their friends and neighbors. If those people are discouraged, that isn't a good thing.
Officerrob
Banned
Depends on where those friends and neighbors are because a swing state such as Virginia has really low unemployment.
Salvor.Hardin
Banned
Basileus777
Member
The public isn't aware of and doesn't give a shit about either statistic.
cartoon_soldier
Member
That is a bad job report for Obama
Newsflash: It's not.
talisayNon
Member
terrible numbers..that 8.1%..lol. BLS is a joke.
Salvor.Hardin
Banned
How much can you really attribute to people not retiring and just too discouraged to look for work.
Welcome to Obama's America.
It's baffling. The BLS figures have nothing to to do with every other independent measure, which they have historically corresponded to.
Bulbo Urethral Baggins
Banned
Oh wow. The stench of elitism is wafting from this post. The "average" (I assume you mean ignorant as well) American knows damn well what is happening out there. There aren't jobs. They're paying fucking attention, Cubiclerob. You're happy with more people struggling, out of work and poor just to keep Romney/Ryan out of office? How wonderful of you.
TacticalFox88
Banned
It's reality. Sorry if you don't like it.
No it wont.
The country as whole will be thankful in the long run if Romney/Ryan are kept away
from the White House.
Wait what? Where did he say he was HAPPY that people are struggling. I think your confusing him with the republican party which actively roots for people being out of work just so they can get elected. Absolutely disgusting if you ask me.
Yes, it will. You don't think the media won't be all over this next week, especially with the GOP pushing it and the media wanting this to be a close race for ratings' sake?
I'm just being realistic.
I'm at the point where I'm just ignoring everything but the actual jobs number the BLS reports. ADP and early indicators clearly, for whatever reason, aren't accurate predictors as of this time.
Salvor.Hardin
Banned
It's not 'reality' that I find disgusting, but rather the pleasure some people get in seeing a falling unemployment figure because they know that, while it actually indicates people who are so economically and socially depressed and demotivated that they have to leave the work force, normal folk won't know the difference.
The news cycle is way too fast for them to focus on it all week.
It's old news. Romney will probably either gaffe or Obama will roll out a new line of attack against Romney/Ryan by Monday.
Really the only way this would get traction for a week is if we had a 300k+ jobs number or lost jobs in a month.
tehnically speaking, more people aren't out of work. that's just a lie.
Who was expressing pleasure? I was just saying that that's how the public at large will look at these numbers, that they don't care about details. Nowhere did I or the other guy say we're happy for the people who are out of work.
Yes we go though this every single time.
- Status
Similar threads
- Poll