US jobless rate falls to 7.8 pct., 44-month low - page 5

by Joe V 6,109 Views | 157 Comments Admin

The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years. The Labor Department says employers added 114,000 jobs in September. The economy also created 86,000... Read More


  1. 1
    Quote from tntrn
    I can't tell you how much I hope you are wrong on at least one of those. If you are correct, then we, as a nation, are screwed.
    Yep, you are probably right - the House may still be controlled by the extremist ... the conspirers

    who knows - if we are lucky they may just change their tune
    tewdles likes this.
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    Went to get fuel earlier - they were changing the numbers to 4.65.99

    California is getting hit with a price increase. . .. overnight. With local unemployment at about 14% and the price of gas going up I can certainly see why some folks have just given up looking.

    Californians hit with unprecedented gasoline price jump - Yahoo! News

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    NF_eyenurse likes this.
  3. 0
    Quote from Spidey's mom
    Went to get fuel earlier - they were changing the numbers to 4.65.99

    California is getting hit with a price increase. . .. overnight. With local unemployment at about 14% and the price of gas going up I can certainly see why some folks have just given up looking.

    Gee, your sympathetic? But isn't that playing into the victim mode? Wah wah wah...poor us...gas prices are up....poor me, i"m such a victim, and really want to stay dependent on the government teat.

    It always seems that when there's good news something knocks us down. Often it's gas prices. Seriously, how is it that every month when a positive job reports comes out gas prices rise? It's a conspiracy by the oil companies to get Romney elected by ruining the economy because he's promised to de-regulate them.

    Tongue firmly in cheek.
    Last edit by Tweety on Oct 5, '12
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    Quote from Tweety
    Gee, your sympathetic? But isn't that playing into the victim mode? Wah wah wah...poor us...gas prices are up....poor me, i"m such a victim, and really want to stay dependent on the government teat.
    I'm not sure how you got that from what I posted. I was simply stating some facts. Not condoning anything.

    I'm frustrated with the price of gas up here in the mountains anyway - when I saw someone changing the number on the sign today I grimaced. Then just read the story on yahoo about the overnight change.

    It's all wrong. There's an opinion for ya. Spending too much money makes me a cranky lady.
    Tina, RN, NF_eyenurse, VivaLasViejas, and 1 other like this.
  5. 1
    Quote from Spidey's mom
    Spending too much money makes me a cranky lady.
    how do you feel about funding our defense budget?
    does that make you cranky too?

    leslie
    cnmbfa likes this.
  6. 2
    Quote from Joe V

    the REAL conspiracy is how the Republican party (from all corners of the nation) conspired to "remove Obama from Office" regardless of how it affected the economy, the middle class, and the poor.
    Silly conspiracy theories aside, Obama himself said that if he could not fix the economy in 3 years, he would not be re-elected. We're just happy to oblige.
    One Obama quote will be featured prominently: In 2009 he said on NBC’s “Today” show that if he could not fix the economy in three years, “then there’s going to be a one-term proposition.”
    NF_eyenurse and mc3 like this.
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    Spidey's mom, I love the quote on your posts.

    I wish that our politicians lived by that mantra...maybe some of our political commentators as well.

    I know that I wonder sometimes about the general intelligence of the American people when I see so much dialog filled with fear, suspicion, prejudice and intolerance...which oft times is provided by the poiticians and commentators mentioned above.
    Spidey's mom and TheCommuter like this.
  8. 5
    Quote from Tweety
    I don't thinks it's accurate to take the total number of jobs created versus the number of people that filed unemployment.

    If you are using the number of unemployment claims, a more accurate comparison would be to compare the number of people hired in all jobs...vs. the number of people that filed unemployment claims. There's a big difference in the number of jobs created and the people that are being hired in new jobs.

    Your spin that for every job "created" 10 are lost might be true. But that doesn't account perhaps that maybe nine different people are starting new jobs somewhere.
    Point taken that statistics can amount to comparing apples to oranges. But I don't think so this time. Millions of jobs have been lost. The unemployment situation won't improve until new ones are created to replace them, either in the same fields or other ones.

    You are correct that being hired into an existing position is a benefit to the individual who is hired, but if that person is simply replacing someone else who left, there is no net gain.

    If your hospital lays you off tomorrow and hires a new grad in your place next week, it is a new job for that graduate, but not a net increase in the number of employed people.

    Rearranging the seats on the Titanic lifeboats wouldn't have been enough to save everyone. More seats in more boats were needed. Same with jobs.
    Last edit by Jolie on Oct 5, '12
    Tina, RN, NF_eyenurse, mc3, and 2 others like this.
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    Quote from leslie :-D
    how do you feel about funding our defense budget?does that make you cranky too?leslie
    I want a strong and well-equiped military. especially with middle east imploding.
    Tina, RN, VivaLasViejas, and mc3 like this.
  10. 5
    People, when Clinton left office we had a federal surplus, the first time in decades. Bush took over and during the course of his 8 years, we managed to end up in an economic free fall. If anyone expected Obama (or anyone else for that matter) to stop that falling meteor of an economy and turn it all the way around in four years either is naive or just plain dumb. Yes, things suck, but I am thankful we didn't completely go down the toilet bowl.
    mediajunkie650, tewdles, cnmbfa, and 2 others like this.


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