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Politics : President Barack Obama

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To: Kenneth E. Phillipps who wrote (123315)10/10/2012 4:58:16 PM
From: RetiredNow  Read Replies (1) of 149317
 
And Gallup also says that September Unadjusted Unemployment was at 7.9% and Adjusted Unemployment was at 8.1%. All of those numbers, yours included, have a margin of error of 1%. The bottom line is that the 7.8% number that the BLS came up with is nothing to get excited about. It wasn't a reflection of a great rebound in the economy and jobs. It was a statistical blip. I think we've seen enough analysis to conclude that it was not the beginning of a great new trend representing a new recovery underway. In fact, quite the opposite. The real economy is foundering, not just in this country but in Europe and China as well.

gallup.com

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