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What a coincidence?

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Posts: 7

gambler315

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Posts: 7494

Posted: Oct. 5, 2012 - 12:07 PM ET #1

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

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Joined: Jan, 2010

Posts: 3074

Posted: Oct. 5, 2012 - 12:10 PM ET #2

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

gambler315

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Posts: 7494

Posted: Oct. 5, 2012 - 1:06 PM ET #3

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

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Joined: Feb, 2003

Posts: 58463

Posted: Oct. 5, 2012 - 1:27 PM ET #4

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

gambler315

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Joined: Dec, 2002

Posts: 7494

Posted: Oct. 5, 2012 - 1:30 PM ET #5

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

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Posts: 58463

Posted: Oct. 5, 2012 - 2:14 PM ET #6

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

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Joined: Dec, 2002

Posts: 7494

Posted: Oct. 5, 2012 - 2:51 PM ET #7

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