Jobless rate falls to 7.8 %
 

http://www.washingtonpost.com/busine...y.html?hpid=z1

Maybe this is Romney's October surprise?:rolleyes:

Seemingly within minutes of the announcement, the right wing punditocracy was all over the press and the internet saying that the numbers were bogus and that the DoL had cooked the books, the only "evidence" being that they don't like the numbers.

Just like they're saying that the polls are all a fraud, even FOX and Rasmussen.

The President said he'd get unemployment below 8% during his first term.

He did.

John

I wonder if the number of jobs disappearing by companies down sizing due to increased cost of business is taken into consideration? This kinda makes one go hmmm.

Considering how much the administration lies, im not so sure to believe the numbers.

Of course no one was cooking the books before when it was at 10% right?:rolleyes:

Then you REALLY should not believe Mitt Romney then....

I figure Romney did it all by himself....by getting all of those fact checkers a job.;)

First off, where is your evidence that businesses are closing because of increased costs (I assume you mean taxes)?

And, no, the number of potential employers or available jobs isn't what they count. They count people.

Budgie, I don't think you're a capable judge of the Administration's honesty. Your biases preclude that.

John

John

http://i34.photobucket.com/albums/d1...V_/AK/lmao.gif


Carl

If unemployment has truly dropped that's good news, and more power to the folks who were able to find work in a tough economy.

That said, it does seem unlikely that the addition of 144K jobs resulted in a 3/10% reduction in the unemployment rate. There seems to be some legitimate disagreement on the numbers.

http://www.cnbc.com/id/49299718

Thanks Carl!;)