Notice here's the jobs number report from biased state-run Politico....no mention of the mysterious/unexplained surge in job growth of 873,000 jobs last month....no mention of the fact that prominant businessmen such as Jack Welch predicted prior to the numbers coming out that the stats would be phony to prop up Obama after a poor debate performance.....They are great at telling on the part of the story they agree with politically....they feel there's no need for the American peeople to know the WHOLE STORY.........
Jobs numbers: Unemployment dips below 8 percent
By PATRICK REIS | 10/5/12 8:43 AM EDT
The economy added 114,000 jobs in September, meeting analysts' predictions and pushing unemployment down to 7.8 percent, the Labor Department reported Friday.
The better-than-expected unemployment number is a bit of a reprieve for President Barack Obama, as a recent string of disappointing jobs reports — and accompanying criticism from Republicans — had put the president on the defensive. But the economy remains a sticking point for Obama’s reelection efforts, as 12.1 million people remain unemployed.
The Friday figure met most mainstream forecasts for September jobs growth, with most analysts’ predictions hovering around 115,000.
The economy typically requires between 100,000 and 125,000 new jobs per month to keep pace with new workers entering the labor market, but those numbers can fluctuate as people either resume or give up their search for employment.
Labor also revised its August jobs figure to 142,000 up from its initial figure of 96,000 jobs. The department released a final July figure of 181,000 up from its previous estimate of 141,000 jobs.
This article first appeared on POLITICO Pro at 8:40 a.m. on October 5, 2012.