I thought it'd be impossible to spin this situation positively, but you're not giving up and that's admirable.

July and aug numbers where both adjusted up.

There are a lot of factors that go into a jobs report and as others have said most people don't look at all those factors and therefore just get confused when jobs numbers come out each month.

A good factor of how the economy is doing I think is more the U-6 numbers which measures Unemployed, Underemployed part-time, and those marginally attached. That number remained completely unchanged from last month at 14.7%. That means that many job hires for this last month were for part time work. We actually saw in the jobs report that part time work ticked up a decent amount.

The average u-6 for this year has been around 14.7% and hasn't changed much. It has fluctuated from 15.1% to 14.5% all throughout this year. The highest that number has been was during the 2009 and 2010 years when it hit 17%. During these past few years this number has never been this high from what I can see since the BLS began measuring it. During the Bush years it averaged around 9%. During Clinton years it averaged around 8%.

This is why some people are skeptical of the official unemployment report, because it still feels bad to a lot of people who are either out of work or not working the amount they desire.

The economy is still in bad shape and it doesn't help that the impending taxmagedon is coming in Jan 2013, let alone Insurance premiums going up relating to Obamacare changes, and gas prices at the current rate of between $3.50, and $4.00. All those things continue to hinder job growth. Many businesses feel gridlocked about future costs and therefore hiring is still scarce.

There is also the amount of debt floating about all over that sucks up any addition money flowing into the economy.  With the amount of debt load all over being run for decades now, the economy has been running overstimulated.

Anyhow, just curious why the person starting the original post couldn't of just posted here:

http://gamrconnect.vgchartz.com/thread.php?id=148375&page=5#8

In addition to my previous post one also has to consider the participation rate when looking at unemployment. This measures the percentage of the able population in the workforce. This past month that percentage was 58.7%. During this past year that participation rate has not been that low since 1983. As an example the participation rate in 2007 was around 63%. In 1998, 99', and 2000 it was around 64% to 64.5%- some of the highest recorded. In the past few decades it has averaged around 61 to 63%.

When Obama came to office it was around 60.6%. So since then the participation rate has steadily gone down. So in other words the pool of workers has been lessening. If that rate was what it was historically around even 61% or 62% we would have unemployment rates in the mid teens of percentage and the U-6 number would almost assuredly be above 20%.

The percentage of the population participating in work is simply less and has been decreasing the past few years. Those dropping out are not being counted anymore.

Well debt and just... savings.

People are smarter now then before the recession and they're saving up incase they get in trouble.

Then you've got loans... they still haven't fully unwound all the bad  homeownership loans so banks only want to lend to people with great credit.