The data released today by the BLS show that among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.0 percent), and whites (7.0 percent) declined over the month. The unemployment rates for teenagers (23.7 percent), blacks (13.4 percent), and
Hispanics (9.9 percent) were little changed. The jobless rate for Asians, at 4.8 percent (not seasonally adjusted), fell over the year.
The number of persons employed part time for economic reasons (sometimes
referred to as involuntary part-time workers) rose from 8.0 million in August
to 8.6 million in September. These individuals were working part time because
their hours had been cut back or because they were unable to find a full-time
job.
Health care added 44,000 jobs in September. Job gains continued in ambulatory
health care services (+30,000) and hospitals (+8,000). Over the past year,
employment in health care has risen by 295,000.
In September, employment increased by 17,000 in transportation and warehousing.
Within the industry, there were job gains in transit and ground passenger
transportation (+9,000) and in warehousing and storage (+4,000).
Employment in financial activities edged up in September (+13,000), reflecting
modest job growth in credit intermediation (+6,000) and real estate (+7,000).
Manufacturing employment edged down in September (-16,000). On net, manufacturing
employment has been unchanged since April. In September, job losses occurred
in computer and electronic products (-6,000) and in printing and related
activities (-3,000).
I pose a question for the forum, tell me what Obama policies are in place at this very moment to warrant a 7.8% drop in the UE rate? I will tell you, the encouragement NOT! to find work so then you are no longer counted.
This administration dear reader are liars, shameful the BLS has reached a new low. The purpose here folks is to destroy America, and you! yes you! the American people are allowing this to happen. The 7.8 % was computed to help Obama plain and simple.
The report calls 60,000 households and asks " Do you own a business "? "Did you work for pay"? If not, did you provide unpaid work for a family business or farm? (Those who did are considered employed.) The report said 873,000 jobs were created from the answers to the 60,000 households. This means each household claimed 14.55 new jobs were created in their household (873,000/60,000). How can this be?
We are counting people who are not being paid as having a job. An eight year old gathering eggs on a farm is considered having a job under Obama that parents consider a chore. If you believe this report, 368,000 people left the job market in August and in September the job market gained 873,000.
The numbers just do not work, I hope those with at least half a Brain can see this, the BLS has "awakened a sleeping Giant"

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