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Comments about ‘Jobs report gives President Barack Obama much-needed boost’

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Published: Friday, Oct. 5 2012 11:01 a.m. MDT

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Craig Clark
Boulder, CO

It's good news for the country. I hope Romney would agree.

Dodle
CEDAR CITY, UT

"This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July ... etc.. "

You left out the most important part of Romney's quote... It says unemployment dropped to 7.8% yet only 114k jobs were added. Thats barely enough to keep up if not lag close behind population growth.

So its clear to see the economy still is not on the right track.

DN Subscriber
Cottonwood Heights, UT

"Figures don't lie, but...."

By arbitrarily reducing the number of people classified as job seekers, the employment figures have been artificially skewed to make Obama look good. The truth is that his policies are an utter failure, despite how his minions might try to spin the figures.

Truthseeker
SLO, CA

There are two different numbers used by the Bureau of Labor Statistics to measure the health of the labor market. There’s the payroll survey, which collects data from businesses and government. The headline number here is quite modest, suggesting that the U.S. economy added just 114,000 jobs in September.

BLS also publishes the household survey, which asks individuals about their work situation. This is used to calculate the official unemployment rate. And the household numbers were exceptionally strong this month, showing 873,000 more employed Americans in September than in July. That’s a massive boost, and explains why the unemployment rate plunged to 7.8 percent.

The employment-to-population ratio also increased by 0.4 percentage points to 58.7 percent. That, too, is an encouraging sign. In the past, the unemployment rate had fallen mainly because more Americans were giving up on searching for work and dropping out of the labor force. Not this time. The modest improvement appears to be real.
(Washington Post)

christoph
Brigham City, UT

Stock market has doubled since Mar. 2009 lows. Recession ended in June 2009. I will vote for Romney, yet I do think things are getting better. We are growing yet too slowly. Second terms are usually disasters; don't want that.

Dr. Doug
Littleton, CO

Exactly as Rush predicted many months ago!

Republicantthinkstraigh
Anywhere but, Utah, Utah

They have been recording unemployment the same way for years so stop with the "Obama obviously skewed the numbers" Man can you guys reach. It's actually a good thing for the country but all you guys can do is complain. WAKE UP! Sounds like you guys want the country to fail just so the "Chosen One" Mitt can be president. Really is pathetic.

mcdugall
Layton, UT

A simple question for all the Romney supports who claim Obama is ruining this country, what will Mitt do to actually create jobs? Nearly all of his mentioned policies, the few that he has actually articulated, are similar to the policies of The G.W. Bush administration, does everyone forget where those policies led this country? It wasn't long ago that everyone was talking about the depression/the great recession. The economy is improving, the recoveries since the late 1980s have taken longer for the country to return to the rate of natural unemployment.

Say No to BO
Mapleton, UT

By the government's own admission, the data does not include the underemployed or those who have given up. We all must admit that these are HUGE numbers and a HUGE problem that has grown worse in the last four years.
To argue about 3 tenths of a point in the face of a 23 million person problem is foolish.

Badger55
Nibley, Ut

Here is why they adjusted the rate down. From the BLS Website:

"In September, 2.5 million persons were marginally attached to the labor force,
essentially unchanged from a year earlier. (These data are not seasonally
adjusted.) These individuals were not in the labor force, wanted and were
available for work, and had looked for a job sometime in the prior 12 months.
They were not counted as unemployed because they had not searched for work
in the 4 weeks preceding the survey."

It is reasons like this I go by the Labor participation rate and not the unemployment rate. It is harder to skew numbers of people that are working. Here is the Labor Participation rate per the BLS website over the last few years.
Sept 2007...66.0
Sept 2008...65.9
Sept 2009...65.1
Sept 2010...64.6
Sept 2011...64.1
Sept 2012...63.6(not been that low since 1980)

fresnogirl
Fresno, CA

He finally got it back down to where it was when he took office and promised to fix the economy. Woo hoo.....

Badger55
Nibley, Ut

From BLS:

Unemployed:
Sept 2011...13.5 M UE rate 8.8%
Sept 2012...11.7 M UE rate 7.8%
Good news right? Not really...

People not in the labor force:
Sept 2011...86 M
Sept 2012...88.6 M (2.6 M or 3% increase)

Persons who currently want a job:
Sept 2011...5.9 M
Sept 2012...6.4 M (500K or 8% increase)

Almost 1 Million people ages 16-19 left the labor force in Sept. That is why you see the drop in UE rate.

The average Labor participation rate from 2001-2008 was 66.5%. Average for 2009-2012 is 64.6% and has steadily decreased since 2009 with the low coming last Aug at 63.5%. That is more than just people retiring. People are entering the workforce roughly at the same rate that people retire. But, if you give up looking for work, then you are not counted. There are just too many people that have given up. Sure this is the way it has always been done, but there has not been this many people not looking for work in decades.

Mountanman
Hayden, ID

Obama to defense contractors preparing for massive layoffs, “ Do not send layoff notices to your employees until AFTER the election and if you get sued, the government (taxpayers) will pay your legal fees”. This is highly illegal and immoral! And Obama gets away with it, time after time! This proves these most recent unemployment numbers are cooked so Obama will look successful. All you need to know about Barrack Obama’s character or lack of it!

worf
Mcallen, TX

Obama asking companies to hold back on lay-off notices till after the election, while more coal mines are to be closed down.

Please don't insult our intelligence. The economy is still collapsing.

David King
Layton, UT

I've never understood why we give so much blame/credit to the President for the state of the economy. People and businesses create jobs. Not Presidents. The President can only promote policies, but even those can only be put into place with a willing Congress. And even then, it may take several years for the full effect of those policies to be felt. Pinning all the blame on the President also ignores the actions of the Federal Reserve (which I believe has far greater impact on both the day to day and long term economy) and ignores conditions around the world that are outside the President's control. Instead of looking for a President to "run" the economy or "create" jobs, we should be asking them to do the things Presidents are supposed to as outlined in our Constitution. Unfortunately, both major parties have become too enamored with the powerful government unto itself that is the modern day Presidency.

Henry Drummond
San Jose, CA

@Craig Clark

You took the words right out of my mouth. Not long ago the Romney campaign was trying to get Republican Governors to quit saying that the economy was improving in their states, because it was hurting his election campaign. That's crazy. As State governments begin hiring back police, firefighters, and teachers we can accelerate the recovery considerably. Who cares who gets the credit? We all win when people go back to work.

athought
Salt Lake City, UT

Also, maybe because some businesses are beginning to hire for the Holiday shopping season? I'm sure if a comparrison were made, the next three months would show an increase in employment, but then drop again come January?

Sense
Ogden, UT

The headline should read, "*Media Spin* gives President Barack Obama much needed boost". Very conveniently one-sided analysis of the job situation.

HaHaHaHa
Othello, WA

Nice! We could have had an economy this good, just by doing NOTHING! We didn't have to deficit spend 5 Trillion dollars over the last 4 years to accomplish this! Now in December or late November, after the election, the BLS will come out with the adjusted REAL numbers that show a much higher unemployment rate. They just need to wait a couple of months so that no one is really paying attention, just as they have done all year.

HaHaHaHa
Othello, WA

@ Mcdugall We could give you the specifics, but I'm afraid you would just ignore or forget them 3 seconds later, like you've apparently done the previous 20 times you've probably heard them. Lets just put it this way. More then anything, he probably doesn't think he will actually create many jobs by himself. I believe he looks at this as a situation where he (and government) needs to give "job creators" the freedom, to accomplish this. Get out of their way and allow them to do what they do best, don't over tax and regulate-take away incentives, and don't demonize, and punish their success. FYI avg. unemployment during the GWB presidency was about 5%. BHO would give his right leg for those kind of numbers!

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