So, unemployment went down 0.3% that means we should see Employment go up by 0.3% or about 450,000 jobs.

Hmmm, let's see... Nope, Only 114,000.... gee there's a miss.

Where are the other 336,000?

Well if you read a little further at a section labeled U-6, you'll see it didn't change.

It went from 14.7% in Aug to 14.7% Sept.

It tells me that the 0.3% change in U-3 status unemployed, the official (government spin) unemployment rate, moved to the U-6 status unemployment, The Real Unemployment Rate.

here's the website - http://www.bls.gov/news.release/empsit.t15.htm

Looks like many of the Moron Media Monsters are pushing the rate; hoping people are stupid.

At 11:38 AM, JADELottery said...

    Looks like many of the Moron Media Monsters are pushing the rate; hoping people are stupid.
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Yep,