Look instead at the Labor Force Participation Rate.
Under Obozo, it has crashed and continues crashing.
Posted on 05/03/2013 10:39:28 AM PDT by whitedog57
Edited on 05/03/2013 10:42:08 AM PDT by Admin Moderator. [history]
Good News! Non-farm payrolls increase by 165,000 and the unemployment rate declined to 7.5%.
But I thought the Sequester would destroy employment? Apparently not. The Administration
(Excerpt) Read more at confoundedinterest.wordpress.com ...
Only if you change the way you calculate the numbers.
Instead of this sequester’s paltry 2% spending cut, let’s see a meaningful 10% cut and watch the economy boom.
9.5 Million People Have Left the Workforce Under Obama
http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama
Under Obozo, it has crashed and continues crashing.
Also remember that the 2% ‘cut’ is in the rate of increase and not a real cut. DC numbers are so, so bogus.
Oops!
Why are you ripping of Bloomberg’s stuff and pretending it’s your own?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.