Unemployment rate November 2010: 9.8%
Jobs added:
Dec 103,000
Jan 36,000
Feb 192,000
Total: 331,000 (110,000 per month)
Yet the unemployment rate has gone down a FULL point?
Yeah.... right.
Pre-Obama math, you needed 3 million jobs to drop it a full point.
Yet, presto. 300,000 jobs in 3 months and here we go. Down, down, down.
The obama regime are a bunch of liars.
With the labor department announcing 3331,000 new jobs in a quarter (3 months) we are over 500,000 jobs short of keep the unemployment percentage from increasing.
Looks as if the Government has changed the baseline they use to compute the unemployment percentages.
When you are dealing with politicians who need good numbers to be reelected what else do you expect?