richardhutnik on 05 October 2012
http://money.cnn.com/2012/10/05/news/economy/september-jobs-report/index.html?hpt=hp_t1
NEW YORK (CNNMoney) -- Friday's monthly jobs report changed the picture of the U.S. economy in more ways than one, showing the unemployment rate fell to the lowest level in more than three years and hiring was stronger than originally reported throughout the summer.
Unemployment unexpectedly fell to 7.8% in September, down from 8.1%, as a survey of U.S. households showed 873,000 more Americans had jobs compared to a month earlier.
To break even, you need to create around 150,000 jobs a month. The US economy didn't even create 120,000 new jobs. This is all bull in an election year. I am calling it.
