What a coincidence?

Forum: Investments
Author: [Investments] Topic: What a coincidence?
gambler315 PM gambler315
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Posted: 10/5/2012 12:07:10 PM

Obama loses the debate and the jobless rate drops .3 to 7.8% on a meager 114,000 new jobs?

7.8% also happens to be the lowest since he took office in 2009.

Maybe some creative accounting perhaps?

Pecador PM Pecador
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Posted: 10/5/2012 12:10:18 PM
Maybe the jobless rate went down .3  What about that?
gambler315 PM gambler315
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Posted: 10/5/2012 1:06:43 PM
QUOTE

Originally Posted by Pecador:

Maybe the jobless rate went down .3  What about that?

Maybe the numbers are bogus like the CPI with doesn't include the cost of food and fuel?

What about that?

wallstreetcappers PM wallstreetcappers
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Posted: 10/5/2012 1:27:32 PM
I think the reason the jobless rate dropped was because of the prior months revised lower.
gambler315 PM gambler315
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Posted: 10/5/2012 1:30:55 PM
QUOTE

Originally Posted by wallstreetcappers:

I think the reason the jobless rate dropped was because of the prior months revised lower.

That was suddenly convienent. Don't ya think?

wallstreetcappers PM wallstreetcappers
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Posted: 10/5/2012 2:14:55 PM
QUOTE Originally Posted by gambler315:

That was suddenly convienent. Don't ya think?


I dont, the stats I saw for the prior months showed the initial government data was understated and I think this 114k is understated and will be revised higher as well.
gambler315 PM gambler315
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Posted: 10/5/2012 2:51:22 PM
OK
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