carl quintanilla on the doom and gloom network, cnbc, interviewed labor secretary hilda solis at the break of dawn:
"we at least are getting
bombarded by people who do not believe the 7.8 number, who believe this was fixed, timed to coincide with election day, what do you say to them?"
"a lot of people out there do not believe the 7.8 number, they believe that somehow bls fixed this to coincide with the election cycle, what is labor's response?"
"you say that skepticism over the number is ludicrous, you say you're insulted, is there a danger, you believe, when
large sections of the country don't believe the data, i mean, not that it's every been considered gospel, but when you have real disbelief, i mean how much danger is embedded in that?"
Labor Secretary Solis "Insulted" By Claim That Job Numbers Were Rigged | RealClearPolitics
conspiracies and accompanying theories aside, 114K doesn't even come close to keeping up with population
exactly two thirds of those rather surprising 873K jobs discovered are
part time---according to ms solis' accountants themselves
In the most recent household survey, the biggest hiring gains came in the form of 582,000 new part-time jobs in September. Part of that number can be explained by young workers, ages 16 to 24. The data show this age group saw a huge pickup in jobs in September, due almost entirely to seasonal adjustments by the Labor Department.
CNN: September jobs report: Unemployment rate tumbles - Oct. 5, 2012
ah,
seasonal adjustments
manufacturing is down 16K for the month
construction's off a devastating one million net---5 years later
1,035,000: Construction Jobs Lost Under Obama | CNSNews.com
58% of the jobs created during the obama "recovery" pay between $9 and $13 per hour
Majority of new jobs in recovery are low-paying - Los Angeles Times
which is a big part of the reason gdp was revised so far down
Second-quarter U.S. GDP revised down to 1.3% - MarketWatch
part time work, $10 per hour jobs, labor participation an historic low...
food stamps, disability, reduced early retirement, poverty, student loan debt...
national debt, the fiscal cliff, the entitlement explosion...
hopelessness, no prospects, no ideas, no solutions...
vote obama...
2012...
punt!