killerzX said:
what are you telling me you dont believe nearly 1 million people found work last month!? these numbers a clearly fixed. unemployment hasnt been below 8% since obama took office, the month before the elecion it gets down to below 8%. how convenient. these number will get revised up. they are really about 8.2%. but by the time they get corrected. it will be after the election. labor force participation is still at 30 year lows. |
I think the Buereu of Labor statistics is too inefficent to fix anything.
Really if anything i'd expect the job numbers to be revised upwords, because consumer sentiment was reported as up.
It's weird for sentiment to be up, but hiring to be down.
Actually thinking about it, the unemployment rate probably went down with such a weak number because i believe jobs numbers are seasonally adjusted, while unemployment rate isn't. So it could be due to a big Christmas boom of part time help.








