« BACK  |  PRINT

RS

FRONT PAGE CONTRIBUTOR

Obama’s Perfectly Timed and Absolutely Miraculous Jobs Report Makes No Sense

By: Brad Jackson (Diary)  |  October 5th, 2012 at 10:01 AM  | 

RESIZE: AAA

Download Podcast | iTunes | Podcast Feed

On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the coincidentally miraculous jobs report for September and why these numbers make no sense.

We’re brought to you by Stephen Clouse and Associates and The Heritage Foundation’s Morning Bell. If you’d like to email us, you can do so at bjackson[at]coffeeandmarkets.com. We hope you enjoy the show.

Related Links:

BLS Jobs Report for September
Jobs Growth Rises 114,000 as Rate Slides to 7.8 Percent
Jack Welch’s opinion on jobs numbers

Follow Brad on Twitter
Follow Ben on Twitter
Follow Francis on Twitter

Subscribe to The Transom

The hosts and guests of Coffee and Markets speak only for ourselves, not any clients or employers.

Tags: , , ,
Get Alerts

COMMENTS

POSTING RULES  |  LOGIN TO COMMENT  |  REGISTER TODAY
  • JoshINHB

    The drop in the unemployment rate is based on an increase of 800,000 jobs in September. Some of that is attributed to revising the last several months number up, but more than half is claimed to have happened in September. According to the population survey which is notoriously inaccurate.

  • http://twitter.com/RacerrrX cliff

    Updated election forecasting model still points to Romney win, University of Colorado study says
    http://www.colorado.edu/news/releases/2012/10/04/updated-election-forecasting-model-still-points-romney-win-university

  • http://twitter.com/RacerrrX cliff

    American vote their own experience and those close to them, not headlin #’s.. accurate or not. good clip from Bloomberg:

    http://www.bloomberg.com/video/what-is-the-political-significance-of-jobs-numbers-ChnxN3okQUWPsGL8G9XQzQ.html

  • Common_Cents

    gee, nobody saw that one coming by the fraud in chief. It was a dumb move by Republicans to not explain how BLS has been rigging the numbers all along. Lowest participation rate ever. Gee, what number do we need? Let’s just shave off another 100,000 workers in work force. We should be looking at total unemployed, whether “Looking” or not. U6 # etc…..

    The fact remains people vote as individuals. You can BS them all day long but if they are unemployed they’ll be making the assessment if they have been better off the last 4 yrs.

  • deltawing

    873,000 more people were employed in September, but only 114,000 more jobs were created? WTF?