Whatever the number ultimately is, there’s no way in hell it will be an increase. If it were, the number wouldn’t come out tomorrow due to Hurricane Sandy. The fix is in, and that fix will be good to Obama, make no mistake about it.

There’s little time left in the 2012 presidential campaign for a momentum-shifting “game changer.” But tomorrow’s job report might be just such an event. The major — and somewhat mysterious — drop in the unemployment rate last month, to 7.8% from 8.1%, gave a much-needed political boost to the Obama campaign. On the surface, it showed a labor market suddenly gaining Wolverinesque healing abilities. It also stripped GOPers of great talking point.

But what if the data tomorrow show the September number to be an anomaly? It could happen, says Stephen Oliner, an AEI economist and former Federal Reserve senior adviser:

Payroll employment likely continued to grow slowly in October, posting a gain of about 125,000. In the separate survey of households, I expect the puzzling surge in employment that was reported last month to be followed by a decline in October. Similarly, I anticipate that the unemployment rate will move back up to 8 percent after the surprising drop in September. Overall, the report will portray a labor market that remains weak.

Defense contractors will be laying people off. So will Bank of America, UBS and most others out there. Add in coal companies. And the economy is judged as “improving”? Where, in China?

But the bottom line is that the bad economy is baked in the cake and those of us who fear for our jobs and/or those of us who are out of work/unemployed –all 23 million of us –know who we are and know who is largely responsible.

We all got our old football kneepads and are prepared to crawl across broken glass to dump this pole of shitt. Me? I am putting on my gasoline suit now and will appear at the gates of Hell on 6 November
– ready to rumble.

Bet the unemployment number goes down again. Just because.

They are NOT going to let there be a big jump back up to the 8% range after all the crowing the administration did last month.

heaven help us..

Tomorrow’s net job growth number will be …

“500,000,000,000 new jobs!”

-Uncle Joe Biden

natasha333 on November 1, 2012 at 10:43 AM

Pretty much.

The only problem with that — and it’s a whopper — is that Obama remains as unqualified, incompetent, arrogant, clueless and corrupt as ever and all of that will only be magnified in his second term.

God help us.

Good Grief, did you even read the blog post. Why quote an article with outdated numbers? That number was revised back up to over 110,000 today.

gumbyandpokey on November 1, 2012 at 9:34 AM

Your President promised 5% unemployment with his ‘stimulus’ – Bush-level numbers. Also a halved deficit.

You dolts complained about unemployment levels of 5.5% during the Bush years, calling them too high and repeating the phrase : the worst economy since the Great Depression” throughout the 2004 campaign.

Any reason why you’re arguing the exact opposite with crappier numbers now besides the fact that you’re a partisan hack who isn’t even aware of what he was saying when the shoe was on the other foot?

I recall this number to be 200K jobs…not 125K.

Buck_Nekkid on November 1, 2012 at 10:28 AM

I think the 125K is to keep up with population growth; the 200-250K is to do that and recover all the jobs that have been lost under King Putt.

Well, Gallup’s at 7.1. So why shouldn’t we expect a decline tomorrow?

Generally speaking, the economy has to add 125,000 jobs each month just to keep up with population growth.

I recall this number to be 200K jobs…not 125K.