BINGO, that is the problem with believing the 7.8% rate, despite the creation government jobs. I will say that the month of August usually has the largest revisions and sometimes we get odd numbers in September. The UE rate is still mostly a BS stat since it doesn't account for those who have given up on looking for a job. I think if you take the historical participation rate as a reference the UE is really more like 11%. Underemployment is also a big issue, that number has been awfully high as well . Wanna kill these ads? We can help!