The U.S. unemployment rate fell to 7.8?! True or False?!

Total bullshit lies.

They'll do anything to get what they want.

Fuck the people, just as long as the program plays out the way they, tptb, want it to.

Hope I see the day when they get fucked.

Employment numbers only count 28 day cycle !

Anybody out of work passed that doesn't count in their poll ! Or should I say Pole because their trying to give you the shaft !

If you look at the total number of people out of work the U-6 .
Its higher then ever !

I can't comment about other areas, but in my area, there is no way that unemployment has dropped. It continues to climb and everyday I'm seeing the result of it

The biggest indicator I see is people moving in together...multiple households sharing expenses. Single people as well as families. To split the burden of rent, utilities, etc.

These are people that used to live comfortably on their own....not young people leaving the nest for the first time.

Real unemployment rate is 22% per shadowstats here:

[link to www.shadowstats.com]

I'm a seer and political pyschic.

I see numbers and adjustments made sometime in Mid-November. The new, revised employment numbers will be 12.4%. (My boss Obama told me so.)

still unemployed here after 2 months and I know of many others in the same boat but we are not collecting anything from the govt so we go unrecognized

5 *'s and a pin. this jobs report is crap.

And this further reduces the need for housing units.

So Obama's effort to jump-start HOMEBUILDING, of all industries, is corrupt. Well I guess he wants jobs for his illegal population, but it's really a stupid policy for the overall economy. Housing will contract, and the last thing we need is more housing.

The poll at the top of the thread is weird.

Did we add 114,000 jobs? Probably so. That is a LOW number. We need about 200,000 at least per month to stay even. So 114,000 new jobs translates to higher unemployment.

So why did the count of unemployed go down? I think it's as simple as people exhausting their unemployment benefits and no longer being counted as unemployed. In fact, didn't we read a month or two ago that Obama was going to kick people off unemployment soon? I guess it's happening now and making his percentage unemployment look better.

hate to say it but those that think it false are not entirely wrong.

they may have added 144k new jobs, and that isn't entirely what made the % go down.

It mainly went down due to the fact that those that can no longer claim unemployment are marked off as no longer in line but still unemployed, just not on the taxpayers tit.

Amen!

BLS Chart showing underutilization numbers

[link to www.bls.gov]

It is only false for the republicans on this site who hate hearing anything good come from Obama land.

Thank You Valerie Jarett
a brilliant effort
however,

we see right through you

I was amazed listening to the radio today, and reading news sites how many people actually believe the government.


Manipulation is just one of the obvious ploys of this administration and these numbers today are just bullshit.


50 years ago the press would have posted that on every major newspaper across the country.


BULLSHIT

You can move and change and get the numbers where you want, but contracting the number of jobs available to get the numbers where you need them is just fucking dirty.


Shame on this administration.

How stupid do they think we are? Were exactly are things getting better because it sure is not happening here.

False, it's 20%+

I'm just curious, is this a job report covering July/August? Reason I ask is that time period is when the seasonal summer jobs may have affected the report.

If that is the case, then they are done now in the fall.

I heard it was more like 21%

Ridiculous!!!!

Land of the free home of the brave! Wawhooooo!!!

A time when 1 job was all you needed to make a good living, now i cant even find that job. So now i have to have 3 part time jobs to survive.

Dont even have that, 1 PT job! Barely scrappin, oh and an edumacation too ;)

Waitin till TSHTF.

Pin beggars...

I would say unemployment is around 18% across the board,Some states like Ohio even higher

Won't this report piss people off???? I think it will back fire.

Just three weeks before the election. Isn't that amazing?

CNN Article

5 best conspiracy theories debunking the jobs report


"The latest jobs numbers released Friday morning were a pleasant surprise to many Americans.. but Jack Welch, former General Electric CEO (and Fortune contributor), wasn't at all convinced.

..

Welch's tweet has gone viral, prompting plenty of others to banter about their own conspiracy theories that the jobs report is somehow manipulated. Here's a look at a few:.."


[link to finance.fortune.cnn.com]