October Surprise: Unemployment down to 7.0%

[I_Got_Da_Burna]

U.S. Unadjusted Unemployment Down to 7.0% in October

Seasonally adjusted is 7.4%. Looks like Romney's goose is officially cooked. Their whole platform is falling apart...

 

[Brown_Pride]

 

[Jefe Blanco]

I wonder how Fox News will spin this one.

Sent from my DROIDX using Tapatalk 2

 

[DSGB]

I wonder how Fox News will spin this one.

Sent from my DROIDX using Tapatalk 2

It's lies. Damn lies. The Dems will do anything to spin the numbers.

 

[Malcolmxxx_23]

too little too late

damage done already..

 

[Street Knowledge]

People will call

 

[Family Man]

They want to get the black man out of office so they can claim credit for the recovery. By "they" I mean CACs.

 

[Tony D'Amato]

Sh1t is no doubt at 8 or higher again. Obama.aint that lucky.

 

[Mr swag]

To late. No one gonna hear this news

 

[It Takes A Nation...]

I wonder how Fox News will spin this one.

Since the popular cliche saying is, "no sitting president since World War II has been re-elected with the unemployment rate above 7.2 percent," I suspect that Fox will say that the Obama administration cooked the books so they could get unemployment under that number so he'd be more acceptable to be re-elected. They already ferociously accused him of cooking the books for last month's numbers. No doubt they will do the same this time around.

 

[Real Talk of NY]

WTF is a seasonally adjusted Unemployment rate? Sounds like a made up statistic.

 

[StatUS]

Too late.

 

[It Takes A Nation...]

Too late.

Not completely true. If the unemployment rate crept back up to say, 8.1% then Romney/Ryan and the conservative media would be going ape shyt to highlight that fact. Right wing Super PACs would be losing their minds with commercials hammering the president on that. However, since the rate went down, none of that will happen. So, maybe too late to get a "boost" out of the news, but not too late to prevent getting "dinged" by the news.

 

[StatUS]

Not completely true. If the unemployment rate crept back up to say, 8.1% then Romney/Ryan and the conservative media would be going ape shyt to highlight that fact. Right wing Super PACs would be losing their minds with commercials hammering the president on that. However, since the rate went down, none of that will happen. So, maybe too late to get a "boost" out of the news, but not too late to prevent getting "dinged" by the news.

I meant it was too late for an Obama bump.

 

[chuckifubuck]

WTF is a seasonally adjusted Unemployment rate? Sounds like a made up statistic.

I'm guessing they adjust them to account for the fact that starting late october there are a lot of holiday jobs that don't last past january