I have a dumb question ...
How many of these “new jobs” are actually fulltime jobs that have been down-sized to part-time jobs under 0bamacare.
Which would essentially mean that there were no real jobs created at all.
So what exactly are Republicans offering to build up America’s employment?
Forget democrats. Democrats only seek power. What are Republicans doing which builds up America?
Looks like a lot more of our fellow citizens are escaping the dreaded “job lock.”
Obama’s household survey lowers unemployment rate again. Totally bogus.
Reads like Pravda and Tass circa 1972.
At what point does the overall length of time it takes to recover diminish the prospect of being in a “recovery?
The national unemployment rate, a key economic metric in our country, is a total farse but its not alone. The CPI is also a joke as are a few other measures of economic health.
The country is run by scoundrels and idiots.
So over last two months, less than 190,000 jobs have been created in total (85k average per month). And yet the unemployment rate has dropped from 6.9% to 6.6% during this time. Unbelievable corruption.
If Obama would just create an advertising campaign for people to stop filing for unemployment, he could get unemployment down to 0%. That’s making the trains run on time!
There is no growth. There is no recovery. The sooner the Wall Street Journal gets out of the skyscrapers and down into the real world, the sooner their reports will be more accurate.
Don’t get me wrong, I like WSJ, but sometimes it seems they aren’t in touch with the common man.
The “experts” only missed their prediction by 76,000 this month, after missing the number by 100,000 to the down side last month. Yep. those economists can really read the pulse of this economy, can’t they?
With the government’s new “unemployment” rate, it would appear that a lot of people living in the U.S. have decided to join Barry’s “fundamentally transformed” America and just stay home playing the guitar and writing poetry.
Market will go up most of day, smart $ likely will sell off at 2pm or so. Janet will open the spigot. Meanwhile, more helium fills the balloon(s).
Ok, here’s what’s not computing with me regarding these U.S. Department of Labor statistics... For years, I’ve been informed that the U.S. economy needs to add roughly 150,000 jobs per month just to keep up with the rate of population growth. So given that the two most recent jobs reports reveal far fewer jobs being added than this, how exactly is the unemployment rate decreasing?? I get that folks who quit looking for work or retire are no longer counted in the U-3 unemployment census... But how does the labor participation rate supposedly INCREASE while the number of jobs created came in at only 113,000 (significantly lower than the 150,000 jobs needed to “break even”), yet the unemployment rate somehow manages to DROP again this month??
Not to mention, with an estimated 92 million(!) of the U.S. adult population currently not participating in the work force, how laughable is it that the U-3 now shows the economy approximately a mere 2 percentage points away from attaining what historically would be considered full employment (between 4-5%)???
Something just isn’t adding up here, folks. Given the rogue regime currently in charge of our labor department, I’d say we’re being hoodwinked yet again.