Unemployment % to tick up this morning

Posted in the Huber Heights Forum

Airboy

West Chester, OH

#1 Nov 2, 2012
Economists expect the unemployment rate -- a key focus in the neck-and-neck race for the White House -- to tick up by a tenth of a percentage point to 7.9 percent, reversing part of a surprise drop seen in September.
Social Worker

Dayton, OH

#2 Nov 2, 2012
Airboy wrote:
Economists expect the unemployment rate -- a key focus in the neck-and-neck race for the White House -- to tick up by a tenth of a percentage point to 7.9 percent, reversing part of a surprise drop seen in September.
They got that artificially low Sept. percentage by witholding California's bad numbers. Then a few weeks later, they quietly added CA's numbers in and revised the total figure but never released the new percentage.
I seriously question that 7.9%. This regime is not to be trusted.
Zinger

AOL

#3 Nov 2, 2012
Carter's unemployment rate was 7.5% when he lost his reelection bid so I hope Obama has the same fate as his unemployment rate is 7.9% and the real unemployment rate is 14.6%.
Social Worker

Dayton, OH

#4 Nov 2, 2012
Zinger wrote:
Carter's unemployment rate was 7.5% when he lost his reelection bid so I hope Obama has the same fate as his unemployment rate is 7.9% and the real unemployment rate is 14.6%.
The percentage of eligible workers who are *underemployed* or have given up is 40%!

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