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WCGreen

(45,558 posts)
Fri Sep 7, 2012, 10:08 AM Sep 2012

The job numbers are not as bad as they look... [View all]

at least politically. What most people will see is the Jobless rate dropped from 8.3% to 8.1%.

Most people don't look past that number, the percentage.

On the other hand, the real reason these jobs numbers are down is because of the childish behavior of the GOP.

But we know the case for that will be lost in the big themes of a campaign.

No election is lost or won on the job numbers from August.

If the numbers come down poorly for September, again under 100k, then that might be a game changer.

But the ADP numbers from last month showed a much better job performance as this measures the number of people actually counting as new hires. They claim 201k jobs were created in August.

http://www.adpemploymentreport.com/

This will more than likely show up in the September numbers.

BTW, if Romney is so private sector is always better, i find it a little disingenuous that he ignored the ADP numbers and instead seized on the Labor Department numbers.

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