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Thread: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

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    Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Jobs Report May Mean More to Presidential Race Than Markets - US Business Blog - CNBC

    Economists expect employers added 113,000 jobs in September, while the unemployment rate edged up to 8.2 percent from August's 8.1 percent, according to a Reuters survey. Friday’s report will be the second-to-last before the November election.

    “Because of [this jobs report’s] juxtaposition to election, there will be significant political ramifications, perhaps more so than for the market,” said Art Hogan, managing director at Lazard Capital Markets. "Politically, anything that pushes the cause of the Romney camp forward could have a positive effect on the market."
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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Apparently CNBC didn't get the memo that puts the number at 7.8% for now. I have no doubt that when the numbers are finalized they will go up to your number, but for now CNBC isn't into this week's spin cycle...
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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Even MSNBC's morning folks say that there's something wrong here.


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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Quote Originally Posted by Grim17 View Post
    Even MSNBC's morning folks say that there's something wrong here.

    Well gee if that brain trust can't figure it out must be wrong.
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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    the numbers for sure make no sense...when I first saw that today I was scratching my head....someone either is fudging numbers or made a really bad arithmetic error..heck wht MSNBC counter punches it then you know something is really not right.

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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Since the number of jobs created doesn't even keep up with population growth, why in the world would anyone doubt that unemployment went down nearly half a point?

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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]



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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Quote Originally Posted by Diogenes View Post
    Apparently CNBC didn't get the memo that puts the number at 7.8% for now. I have no doubt that when the numbers are finalized they will go up to your number, but for now CNBC isn't into this week's spin cycle...
    Look at the Seasonally Adjusted Unemployment Rate from Gallop. It's 8.1%. 1.3% GDP revised down growth and the Economy created a million full time jobs last month? Does not pass the laugh test.


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    re: Jobs Report May Mean More to Presidential Race Than Markets [Edit]

    Quote Originally Posted by Diogenes View Post
    220px-ManWearingTinFoilHat.jpg

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