Posted on 07/31/2010 6:17:05 PM PDT by The Magical Mischief Tour
My commentary...
Amazing, after all the local stories posted here detailing lay off after lay off. Local and state unemployment rates rising, more and more people losing jobs. The Obambi Admin has managed yet again to pull more of that magical math out of their butts and hold the national unemployment rte at 9.5%.
Folks don't believe me but I am positive that from here on out. Bambi-n-Co. the whores in the MSM and others will move heaven and earth to keep the unemployment rate from going up and his approval numbers from dropping below 40%
If you look at the estimates they are also calling for a loss of 90,000 non-farm jobs too...
Its a joke, they are clearly manipulating the numbers and I think its beyond time for us to begin howling about that. Letting everyone from Rush and hannity to your next door neighbor know.
(Excerpt) Read more at marketwatch.com ...
Dude, we know Govt lies, just put it in a vanity.
How accurate has Market Watch been in its predictions?
Lies, Lies, and MORE Lies. NNMAN! (nothing new, move along now!)
Oooh...I need that for a bumper sticker!
11/2/10—GOP 218/51. The only numbers that matter.
All they have to do is say X-number quit looking for work..Real unemployment is the U-6 index...I have no idea what it is now... around 17% I guess
The Obamunists are arbitrarily subtracting HUNDREDS OF THOUSANDS of people from the workforce each month, to keep the numbers showing “Steady”, and the total employed keeps FALLING
(THESE are the numbers the MSM will not show you when a Democrat is in Charge!!)
From the July 2 Unemployment Report:
there were 1.2 million discouraged
workers in June, up by 414,000 from a year earlier. (The data are not
seasonally adjusted.) Discouraged workers are persons not currently
looking for work because they believe no jobs are available for them.
The remaining 1.4 million persons marginally attached to the labor
force had not searched for work in the 4 weeks preceding the survey
for reasons such as school attendance or family responsibilities.
(See table A-16.)
Establishment Survey Data
Total nonfarm payroll employment decreased by 125,000 in June, re-
flecting the departure of 225,000 temporary Census 2010 workers from
federal government payrolls. Total private employment edged up over
the month (+83,000) due to modest increases in several industries.
So far this year, private-sector employment has increased by 593,000
but in June was 7.9 million below its December 2007 level.
that means they will be worse.
Democrat supporters should be the most angry about where is the ‘stimulus’ in the Stimulus bill, the supporters made fools of themselves, it was quite obvious legislative Democrat policies wouldn’t work, not one Republican voted for it, Republicans were collectively smart, once...
If all the unemployed quit looking Obama will claim full employment.
All part of his agenda of exacting misery, grief, loss, destruction, plunder, and chaos.
I don’t disagree with you, but there is no article named your title at the MarketWatch site. As such, this is somewhat a vanity and not necessarily “News”.
And when will the “unexpected” results be in??
Lies, lies, and more lies.
Yep, ever-shrinking workforce, but unemployment meter stuck where it is.
They keep the number low by ignoring the discouraged workers.
In some markets they disappear as far as labor statistics are concerned.
That number is closer to 22% but if it went any higher than 10% you’d see Bammy and Co.’s poll numbers plunge to single digits.
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