They're spinnging like crazy on CNBC..................

[ClintonTyree]

trying to put some lipstick onthis pig. Kudlow is in SERIOUS denial, he's making stuff up just to spin the horrible numbers. He's crowing about how productivity numbers are way up! Note to Larry, all that means is that companies are working their employees to death to avoid hiring new workers. Unfreakingbelievable.

[mac56]

1. Good analysis.

And those same overworked employees are scared to say "no" because they might lose their jobs!

[cthrumatrix]

10. this is awful news for bush and the debate is TONIGHT

[papau]

23. GOP's favorite jobs report, the Household survey, shows 585,000 jobs lost

Household Jobs show disaster-labor force drops 1 million, job loss of 585K

The GOP's favorite DOL jobs number, the Household survey number, shows bigger Job disaster than shown in the anemic 96,000 jobs gain in the payroll survey jobs number. The Household Survey reports 201,000 lost jobs in September since 139,681,000 were "seasonal adjusted" employed in Aug less 139,480,000 of Seasonal adjusted folks Employed in Sept., and that is a drop of 201,000 jobs. If you prefer numbers that are not seasonally adjusted, then 140,226,000 less 139,641,000, or 585,000 jobs were lost in Sept.

And that Steady 5.4% Unemployment rate is based on folks no longer being in the labor pool and therefore not counted as unemployed. The seasonal adjusted change is from 147,704,000 looking for work or employed in August to 147,483,000 looking for work or employed in Sept, or 221,000 folks dropped out. If you like non-seasonally adjusted numbers, then 148,166,000 less 147,186,000, or a huge 980,000 folks stopped looking for work or being employed in Sept.

NEARLY ONE MILLION FOLKS STOPPED LOOKING FOR WORK OR BEING EMPLOYED IN SEPTEMBER!!!!





http://www.bls.gov/cps/cpsatabs.htm

--------------------------------------------------------------------------------

Series Id: LNS12000000Seasonal AdjustedSeries title: (Seas) Employment LevelLabor force status: EmployedType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 138566 138301 138298 138576 138772 139031 139660 139681 139480



Series Id: LNU02000000Not Seasonally AdjustedSeries title: (Unadj) Employment LevelLabor force status: EmployedType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 136924 137384 137691 138423 138867 139861 140700 140226 139641



Series Id: LNS11000000Seasonal AdjustedSeries title: (Seas) Civilian Labor Force LevelLabor force status: Civilian labor forceType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 146863 146471 146650 146741 146974 147279 147856 147704 147483


Series Id: LNU01000000Not Seasonally AdjustedSeries title: (Unadj) Civilian Labor Force LevelLabor force status: Civilian labor forceType of data: Number in thousandsAge: 16 years and over

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 146068 146154 146525 146260 146659 148478 149217 148166 147186


--------------------------------------------------------------------------------

PAYROLL SURVEY 96,000 NEW JOBS IN SEPTEMBER

Series Id: CES0000000001Seasonally AdjustedSuper Sector: Total nonfarmIndustry: Total nonfarmNAICS Code: N/AData Type: ALL EMPLOYEES, THOUSANDS

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2004 130194 130277 130630 130954 131162 131258 131343 131471(p) 131567(p)

[Ravenseye]

2. Exactly!

people are afraid of losing their jobs right now, so companies are getting away with working salary employees like mad. I know someone who just recently quit her job in the marketing department of a fairly large, and fairly well known Pittsburgh company (no not Heinz, guess again) who had her, and pretty much everyone else there, working about 80-90 hour weeks ONGOING. She eventually quit and went to work for her parents because she couldn't handle it anymore. Most people don't have that luxury though.

[Tandalayo_Scheisskopf]

7. 80-90 Hours a week?

Is that possible?

[Ruby Romaine]

14. if you have a salary (not hourly) job

& it takes you 90 hours to do your job, you might have to stay at work for no extra money-
chef jobs are notorious for this practice.

[Ravenseye]

22. Possible Yes. Good For Your Health No.

I've done 80+ hours a week before for a month. I was on a business trip and I wanted to get the job done ASAP so I could get home. I was salary so there was no point prolonging it. I worked long days, weekends, holidays etc.

Here's an 80 hour week for you...

Get up at 6, shower, grab coffee, head to work. Work at 7am. Work, work, and more work. Stay at work, working, till 7pm, head home, grab dinner, try and relax from 8-9pm or so, then sleep. If you don't need much sleep, you can even go out. Rinse and repeat every day of the week. Bingo 84 hours that week. Pull a couple later nighters where you don't leave until 10pm and you're at 90 hours a week.

Not a way a person is meant to live.

[PermanentRevolution]

25. I can top that...

When I was working as a P.A. in the Art Dept. for Paramount's "The Hours," our schedule the week before shooting was insane. Get up at 4:30/5:00, drive to Ft. Lauderdale, get in by 7:00, run around frantically getting everything set up, grab fast food on the fly, work until about 10 or 11 at night, drive back home, get to bed around 12 or 12:30, wake back up at 4:30 and start all over again.

Running on caffeine and adrenaline, but making good money. Thankfully, that was just one week. A month would have killed me.

[wolfgirl]

3. And with the new Overtime rules

they can work their people WITHOUT paying them!

[Inland]

4. So is Kudlow buying shares? Nope. nt

[still_one]

5. Kudlow is an ASS

He pimps for this administratio, and is notoriously wrong, and always has been in his stock picks

Never ever believe what he says, or you will lose money.

[da_chimperor]

6. CNN int'l not spinning about the job report.

Just giving out the facts, saying that it'll likely be a hot topic in the debates tonight.

[Mortos]

8. That old queen Kudlow

was on Hardball last night saying that the report was going to be 150,000 jobs created. Has he apologized for being wrong.

[Democrat 4 Ever]

16. Kudlow is one of those GOP talking heads that thinks if

you say something with enough conviction and force in your voice that people will believe you without question. "He is an "expert." And it works for the party faithful. Kudlow was on MSNBC last night blustering about how good the figures were going to be for BushCo.

The GOP will come out today honking like a gaggle of geese about how wonderful the job growth numbers are, their followers will memorize the party line while they sip their morning Kool Aid and then will be on TV all day long talking about what wonderful growth and how just marvelous the economy has recovered from 9/11. I just want to puke.

[MSgt213]

9. Working them like crazy and cutting every benefit

[Paradise]

11. Astute analysis! n/t

[newportdadde]

12. Productivity increases.

Anyone know how this is measured? I was always under the impression that this can actually increase via outsourcing as well. Hired 10 people in China for 1 person here.. your productivity per expenditure is up.

[PA Democrat]

13. They also revised August's numbers DOWNWARD

from 144,000 to 128,000.

[life_long_dem]

15. What he's saying is:

My brain is cooked and I dont have a clue what I'm talking about.LOL

[Dees]

17. Larry Kudlow was a merry old soul

and a merry old soul was he.
He called for his weed and he called for his blow
I guess we all know about Larry Kudlow.

Supply side hack and unproductive human being. Makes money chasing money. Ray-gunnomics devotee.

Last night he was talking about "in sourcing" jobs". I wish blow nose would explain what that means.

[Rambis]

18. Chewing his Kudlow

predicted that the numbers would be over 200,000 ooops!

[Roland99]

19. Some Republicans see the truth

"In political terms, sure, this isn't good for the President," Sen. Bob Bennett, R-Utah, a Bush supporter, admitted to CNNfn.

[Richardson08]

20. Kudlow was on Hardball last night predicting over 150,000 new jobs

96,000 new jobs is a pathetic number-1.8 million jobs over 13 months/130,000 plus jobs per month.Those tax cuts really worked.The * base are the only people benefiting from the tax cuts while the defecit stands at $440 billion.VooDoo economics

[cthrumatrix]

21. Larry said we are suffering from the previous "employment bubble"...WTF?

[rlev1223]

24. That's like bush saying Iraq is a mess now only because...

...of how successful the Army was in first month of the war.

Not just denial, but psychosis. He doesn't need an earpiece to hear voices.