7.8% Unemployment for September 2012 with only 114K Jobs Created … What a Joke, Now We Know Why Obama Phoned in Debate, The Books Were Cooked

 

OBAMA US UNEMPLOYMENT RATE 0.00%

What a joke, this should be deemed criminal …Obama will do anything to get reelected include perpetrate this employment fabrication on “We the People”.

The  US added only 114,000 jobs in September and miraculously just five weeks before the 2012 Presidential election managed to fall to 7.8%. It’s a miracle I tell you!!! The U-6 unemployment number, which accounts for the underemployed and those who have given up looking for jobs, held steady at 14.7 percent. 873,000 people said they found work yet only 114,000 were actually employed full time??? Hell, why make it 7.85, why not make it 5%? How about 0%? Why not, it’s just as plausible as to how 873,000 people claim they found work from the Household survey, yet only 114,000 jobs were created.

This reminds me of a quote from the movie, The Shawshank Redemption, when Warden Samuel Norton learns that Abdy’s cell is empty … “Lord, it’s a miracle! Man up and vanished like a fart in the wind! Nothing left but some damn rocks on the windowsill. And that cupcake on the wall!” What honest thinking person actually believes any of this other than those who drink the Obama Kool-aid?

Obama is laughing at you America that you are buying this unemployment BS

Job growth remained tame in September, with the economy creating just 114,000 net new positions though the unemployment rate fell to 7.8 percent.

The report presented a slew of contradictory data points, with the total employment level soaring despite the low net number.

The falling jobless rate had been a function as much of the continued shrinking in the labor force as it was an increase in new positions.

But the government said the total number of jobs employed surged by 873,000, the highest one-month jump in 29 years. The total of unemployed people tumbled by 456,000.

The labor force participation rate, which reflects those working as well as looking for work, edged higher to 63.6 percent but remained around 30-year lows. The total labor force grew by 418,000, possibly accounting for the relatively modest net level of job growth.

Economists were expecting 113,000 more jobs and the rate to rise to 8.2 percent. Last month saw 142,000 new jobs as the rate dropped from 8.3 percent in July.

So now we know why Obama looked so apathetic and uninterested during the debate the other night, Obama knew the books were cooked to have Obama have an unemployment number 8%. This should be criminal. But what else would we expect from Chicago politics.

Jack Welch, the former CEO of GE tweeted the following:

Jack Welch, the former CEO of General Electric [GE  22.95      (---)   ], caused a stir after the numbers were released, tweeting “Unbelievable jobs numbers…these Chicago guys will do anything…can’t debate so change numbers.”

Watch the folks (VIDEO) at CNBC, especially Rick Santelli just laugh at these cooked unemployment numbers as he had previously predicted that the Obama Admin would force the numbers below 8% by using any means possible.



If you liked this post, you may also like these:

  • September 2001 Unemployment Rate Stays at 9.1%, 103K Jobs Created … 45,000 From Verizon
  • Team Obama Cooked the Books with Unemployment Numbers One Month Before 2012 Election … Jack Welch Vindicated!!!
  • The Great Obama Unemployment Lie: Unemployment Rate Drops to 7.7% for November 2012 … Lose 350,000 from Labor Force & 73% of Civilian Jobs Created in the Past 5 Months Were Government Jobs
  • 367,000 First Time Jobless Claims, Up 4000 from Last Week … Another Weak Jobs Report
  • Flashback: Obama Mocks Trump For Suggesting He Can Bring Jobs Back … Guess What 235,000 Jobs Created in First Month of Trump Presidency




  • Comments

    9 Responses to “7.8% Unemployment for September 2012 with only 114K Jobs Created … What a Joke, Now We Know Why Obama Phoned in Debate, The Books Were Cooked”

    1. Tamikosmom on October 5th, 2012 11:24 am

      In regards to today’s Jobs report—I agree with former GE CEO Jack Welch, Chicago style politics is at work here….
      by Congressman Allen West on Friday, October 5, 2012 at 7:05am

      We all want the suffering of the American people from this rampant scourge of unemployment to end. However, today’s jobs report is confusing to say the least. Previous months numbers have been revised and yet the workforce participation rate remains at a 30 year low. The unemployment rate drops to 7.8 percent, that is where it was in January 2009 when the President took office. But the U6 computation of unemployed, underemployed, and discouraged Americans remains the same at 14.7 percent. I agree with former GE CEO Jack Welch, Chicago style politics is at work here. Somehow by manipulation of data we are all of a sudden below 8 percent unemployment, a month from the Presidential election. THIS IS ORWELLIAN TO SAY THE LEAST AND REPRESENTATIVE OF SAUL ALINSKY TACTICS FROM THE BOOK “RULES FOR RADICALS” – A MUST READ FOR ALL WHO WANT TO KNOW HOW THE LEFT STRATEGIZE. Trust the Obama administration? Sure, and the spontaneous reaction to a video caused the death of our Ambassador……and pigs fly.

      https://www.facebook.com/note.php?saved&&note_id=412361562150210&id=153872224661543

    2. NGBosron on October 5th, 2012 11:37 am

      Don’t need to be an Economics Major to discern that these figures were fudged previous to this release to give Obama a much needed boost this close to election time.

      Well, Duh, America. Let’s see again how many pay attention. The White House can come out with as many bogus numbers as they want—the fact that all anyone has to do is open their eyes, look around at their recent College Grads who can’t get jobs, friends, neighbors, family members, etc., the proof is in the pudding as they say.

    3. SUPER DAVE on October 5th, 2012 2:45 pm

      democrats have always pencil whipped the books. criminals know how to do this then lie about it.

    4. JTaylor on October 5th, 2012 3:49 pm

      REPUBLICANS ARE IDIOTS!!!!
      ___________________________
      SM: That’s all you got, really? You are about as well versed in the economy as is President Obama.

      You must have studied hard and staid up all night thinking up that response. You have the ability to actually provide some type of substance and comment on what is a terrible situation in the economy and all you got is “Republicans are Idiots”. Really? I am wondering right about now what your IQ is.
      R

    5. Mike on October 5th, 2012 5:52 pm

      How convenient…. Novacaine Macadamia gets his butt kicked in the presidential debates… Suddenly 2 days later, the jobless rate drops below 8%? I guess his policies are conveniently kicking in just before the elections… Good for him…. There’s one more thing he could do that would really Boost the economy… The one thing he and nobody in the media have thought of……
      QUIT!!!!!
      He should be brought up on TREASON!!!!!!!!!!!!!@!

    6. Mike on October 5th, 2012 6:10 pm

      I’ve never met or known a person in my entire life that displaced the truth the way Obama binladin does…..You can actually listen to this south end of a donkey speak about anything then go back 3 months and actually catch him contradicting himself….. He’s a liar… PERIOD!
      Thank GOD for video…..

    7. NGBoston on October 6th, 2012 4:45 am

      #4-JTaylor

      When all else fails, and the constraints of a narrow liberal mind cannot think of anything of substance to say or write about, people like you usually resort to mean spirited character assassination.

      Sign Me,

      An Independent from Mass

    8. NoBama10 on October 6th, 2012 8:44 am

      #4 You need to stop talking about yourself that way. It does not take a brain surgeon to see that these numbers are highly suspect.

      Sorry, I will side with Jack Welch any day before the faux govt numbers.

    9. JACK WELCH: Obama Is Manipulating The Jobs Numbers Because His Debate Performance Was Awful … Household Survey, Biggest One Month Jump Since June 1983, 5 Weeks Before Election … “Does Not Pass the Smell Test” … WATCH THE PART on October 6th, 2012 9:53 am

      [...] the questionable September 2012 jobs numbers yesterday, former GE CEO Jack Welch tweeted the following that he was extremely critical of the [...]

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