Who didn\'t see this coming from 200 miles offshore.

lotstodo

lotstodo

aka "The Jackal"
Just in case you were not sure that the Labor Department is part of the Executive branch and under the control of Barack Obama, they announced very early this morning that they would not be able to produce the unemployment numbers for October until after the election. They didn't even know what damage was done, and it turns out that Washington DC sustained damage one would expect with a line of strong thunderstorms. There are a few trees down, spotty flash flooding, and spotty power outages. Closings for today were precautionary, and few, if any, are expected tomorrow. Severe damage has been confined to the coast and the mountains outside DC/Baltimore, the Metro subway system is expected to be operating normally by this afternoon, and government computer systems are functioning normally.

It is customary for the Employment Situation Summary to be released two to three working days after the last day of the month. Immediate outrage was expressed by the Republicans, and in response, the Campaign Union Labour Department later said that they would "try" to have the report by Friday afternoon. I won't be holding my breath.
 
Nothing surprises me anymore with this crew. Must be really bad numbers to account for the artificial inflated numbers from last month.
 
Winchester said:
Nothing surprises me anymore with this crew. Must be really bad numbers to account for the artificial inflated numbers from last month.
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Everyone is expecting a significant "correction" reflected in October's numbers versus the bogus September numbers. U-3 headline unemployment could actually go up even with more people dropping out of the labor pool. In fact, if there is not a significant change, everyone will be yelling intentional foul. Unfortunately, September's numbers probably won't be truly corrected until December, and the American public will be successfully duped.
 
Actually, our D.C. office is closed again today.

I'm not worried about the unemployment numbers, I doubt that there will be a significant change in them.
 
LisaC said:
Actually, our D.C. office is closed again today.

I'm not worried about the unemployment numbers, I doubt that there will be a significant change in them.
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Yes, all DC offices are closed today as a precaution. There is no significant damage to the metro area, and keep in mind that it is not the end of the month yet. They would not be working on the report today regardless.

As for the numbers, there had better be a significant change in them.
 
Late this afternoon the Labor Department said that they intend to release the Employment Situation Summary report tomorrow morning as scheduled. My guess is they invented another 350,000 part time jobs like they did last month, or dropped a few hundred thou into the uncounted. I will be surprised if Obama would let them publish an unfavorable report. If you dig into the data, I bet you find another outlier like last month. I really don't trust them anymore.
 
I read a story where some states effected by the storm would not be able to submit their reports.
 
Re: Re: Who didn\'t see this coming from 200 miles offshore.

Foxmeister said:
I read a story where some states effected by the storm would not be able to submit their reports.
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Those are the weekly jobless claims. The monthly ESR is the result of two surveys, one of employers and one of households.

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