Sept 2012 Employment Report: Here comes the BOOM!

Okay, that might be a bit of an overstatement, as the total non-farm employment increased 114,000 in September.

But wait, there's more!
The unemployment rate plunged from 8.1% down to 7.8%.

But wait, there's more!

The Bureau of Labor Statistics significantly revised July and August numbers upward, which comes incredibly close to the ADP report:

July 141,000 ---> 181,000  (+40,000)
August 96,000 ---> 142,000 (+48,000)

But wait, there's more!

Manufacturing hours are up 0.1 hours a week to 40.6 hours and the labor participation rate increased.

But wait, there's more!

211,000 people rejoined the labor force, which dramatically reversed a trend and a point of criticism by conservatives.

In 48 hours, Republican politicians have gone from excited, back down to depressed.

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Update: Added unemployment rate chart with historical reference to start of continuous rise in 2008, and highlighting stimulus bill's passage.