Around 50,000 of these phantom jobs will be added in May and another 50,000 or so in June.
To put it in perspective, the number of jobs reported in April was barely enough to absorb people coming into the workforce for the first time, much less to give positions to those who are unemployed.
Twice that growth would begin to mean the economy is returning to health.
So what happens when all the graduates this spring from college get out there and start looking for work. Do they get added to the books as seeking employment or are they already counted as being of working age. Also I thought we needed to add 250,000 jobs a month just to keep up with population growth. How can the unemployment rate drop on 165,000?
employment numbers are rigged during the months of April, May and June
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The other 9 months are BS too.
As a matter of fact I do not believe anything that comes out of this Government under the Muslim liar.
Remember he just went to Mexico and blamed Americans for the guns going there, and he is the one that sent them.
What would the unemployment (U3) be during the past year if the participation rate was what it was in 2007 or 2009? Anyone have the numbers?
You mean an administration that lied about Benghazi would lie about employment?
If Romney were president, the same mediawhores and demholes celebrating thess numbers would be slamming them as insufficient, saying 200,000 a month are required just to keep up with population growth .....
The new zerOcare definition of full time employment is two 19 hour jobs per person. The dumBO administration counts these as two full time jobs.
Zero may be fooling his lapdog media but he isn’t fooling those out of work.