One last unemployment report...

[Mac1958]

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... before election day. ADP's report is putting new job growth for September at 88,200, which would be roughly half of what job growth needs to be just to keep up with population growth. That would be shitty, but ADP isn't always accurate.

We'll see on Friday.

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[AmyNation]

I heard that the overall number may end up back up at 8%

 

[Oddball]

Oboingo can't win for losing on this one.

Claim employment is up and nobody will believe it.

Calm it's even and people go meh.

Claim unemployment is up and it's bad.

 

[courseofhistory]

Wed Oct 31, 2012 at 07:05 AM PDT.

FIRST EMPLOYMENT SIGNALS - Gallup Unemployment Numbers Drop by .4%%!+*by GayIthacanFollow .


In what may be an excellent sign of good to excellent job numbers to come tomorrow and Friday, the Gallup TRACKING POLL of the Unemployment Rate and Number of People EMPLOYED both improved by .4% over the past weel.

Unemployment dropped from 7.5% to 7.1% - and the number of people EMPLOYED rose by the same 0.4% in the current polls.

Gallup Employment Numbers

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This could bode well for tomorrow and Friday's jobs and unemployment reports - as Gallup showed an almost exact match last month when the National Unemployment Rate fell from 8.1% to 7.8%

LINK

 

[LordBrownTrout]

So what happened to that missing 7.8 to 7.5 gap?

 

[Mac1958]

I heard that the overall number may end up back up at 8%

Yeah, hard to say. There has been some job growth, ADP's numbers sound weaker than what I'm hearing. And my damn crystal ball is in the shop again...

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[Katzndogz]

People are shifting from unemployment to a more permanent welfare or disability.

 

[JimH52]

Oboingo can't win for losing on this one.

Claim employment is up and nobody will believe it.

Calm it's even and people go meh.

Claim unemployment is up and it's bad.

All he has to do is stay at or near 5% up in Ohio...even Kristie loves him now...

 

[Katzndogz]

Maybe he'll just lie again.

New ADP Count Slashes Job Creation Total for September - US Business News - CNBC

Former General Electric [GE 21.165 0.055 (+0.26%) ] CEO Jack Welch caused a skirmish when he said in Twitter, "Unbelievable jobs numbers...these Chicago guys will do anything...can't debate so change numbers." (Read More: Jack Welch Defends His Jobs Report Comments (Again))

 

[expat_panama]

Maybe he'll just lie again...

It's a lot easier to believe what's happened before will happen again than to expect something different. My personal bet is something near or below 7% --to be met with cat calls and disbelief.