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Fri Oct 5, 2012, 08:56 AM

Damn GOOD Jobs Report: 'What's going on here? These are big jumps up!' [View all]

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CNNMoney.com ‏@CNNMoney

U.S. economy added 114,000 jobs in September, the government reports. Unemployment rate fell to 7.8%. http://cnnmon.ie/bkgnews


CBS News ‏@CBSNews

Breaking News:Unemployment rate falls to 7.8% in Sept.; Economy added 114K jobs

Retweeted by Donna Brazile


Daniel Gross ‏@grossdm

Hey look at the establishment survey: labor force rises, employment/pop ratio up, 873,000 people back to work. Take that, declinists!


Ezra Klein ‏@ezraklein

So we actually gained 181k jobs in July and 142k in Aug. The last few months have been way better than the initial numbers showed.


Zeke Miller ‏@ZekeJMiller

Number of unemployed because they lost their jobs down 468k


Ezra Klein ‏@ezraklein

Also, employment-to-pop ratio and labor force participation are both up. So drop outs are not why unemployment rate went down.


Mike Konczal ‏@rortybomb

Labor force participation rate is up 0.1%; Employment-population ratio up 0.4% (!); Not in labor force population down. That's great!


ThinkProgress ‏@thinkprogress

Labor force grew by 418K, so the drop in the unemployment rate was not due to people giving up on looking for work
http://thkpr.gs/PE8cOF


Zeke Miller ‏@ZekeJMiller

873k more people employed in the household survey in September than in August. Wow.


Zeke Miller ‏@ZekeJMiller

Black unemployment rate down from 14.1 to 13.4%



Zeke Miller ‏@ZekeJMiller

Hispanic unemployment rate down from 10.2 to 9.9%


Mike Konczal ‏@rortybomb

Average hourly earnings up a big number too, $23.51 -> $23.58. What's going on here? These are big jumps up.



Greg Sargent ‏@ThePlumLineGS

Heh RT @fshakir @NorahODonnell 7.8 now, 7.9 then. So technically, rate is better than when he took office.



Justin Wolfers ‏@justinwolfers

Today's payrolls numbers CHARTED. Squint hard: You can barely see the slowdown we were worried about.



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Reply Damn GOOD Jobs Report: 'What's going on here? These are big jumps up!' [View all]
bigtree Oct 2012 OP
JuveDem Oct 2012 #1
awake Oct 2012 #2
doc03 Oct 2012 #3
bluestate10 Oct 2012 #18
Doodler71 Oct 2012 #4
writes3000 Oct 2012 #5
bigtree Oct 2012 #6
My Pet Goat Oct 2012 #8
Inuca Oct 2012 #13
A HERETIC I AM Oct 2012 #7
bigtree Oct 2012 #9
Historic NY Oct 2012 #22
gollygee Oct 2012 #10
bigtree Oct 2012 #14
bluestate10 Oct 2012 #17
adigal Oct 2012 #20
progree Oct 2012 #32
mathematic Oct 2012 #29
progree Oct 2012 #31
porphyrian Oct 2012 #11
alcibiades_mystery Oct 2012 #12
abumbyanyothername Oct 2012 #25
bluestate10 Oct 2012 #15
JaneQPublic Oct 2012 #16
bigtree Oct 2012 #19
bhikkhu Oct 2012 #24
LongTomH Oct 2012 #36
goclark Oct 2012 #21
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VWolf Oct 2012 #27
bigtree Oct 2012 #28
politicaljack78 Oct 2012 #30
bigtree Oct 2012 #34
politicaljack78 Oct 2012 #35
RetroGamer1971 Oct 2012 #33
bigtree Oct 2012 #37