Down 7.000 more this week but hey, the percentage of unemployed continues to go down. In 1984 doublespeak, that’s a recovery.
The economy added a whopping 446,000 part-time jobs. Thus, the economy shed 276,000 full-time jobs. Those part-time jobs were supposedly “on purpose”
Read more at http://globaleconomicanalysis.blogspot.com/2013/03/jobs-236000-unemployment-rate-77-part.html#ftUKL3AS2ifbAdC8.99
The stats we never see in the MSM.
My own view is that the widespread conversion of full time employees to “29ers” will actually improve the employment stats a bit, as more “29ers” are brought on to take up the slack.
How about this:
“Total nonfarm payroll employment increased by 236,000 in February, and the
unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, construction, and health care”
(We report - you decide)
I think we are in long-term trouble and I think that any future president may have a hard time getting this country back on track. That being said, I can imagine that if the next president is a Republican, and if new policies were to result in the number of new jobs per month actually tripling (can you imagine 500,000 new jobs being created month after month?), I’m guessing that the press would decry the McJobs and say that the pace of job growth was far too slow. The press of 2018 might even highlight the fact that 70,000,000 Americans were not in the workforce and that it was the worst economy since Hoover.
Well the stock market is doing OK with the bummed out labor force. And BTW have you noticed that most things you buy are made with labor somewhere else? Of course, you did. So why are we puzzled when people are not working here?
The lying administration and their lapdog media know they can fool the ignorant American every month. The stupid Democrats are happy to cash their government checks, but what is wrong with Wall St., whose “experts” swallow these lies whole? If your broker is one of these Obama enablers, fire him/her.
Here’s a bit of reality:
We are 147k behind the jobs created for Jan and Feb 2012 so far.
Feb 2013 job creation: 236k
Feb 2012 job Creation: 271k
See, what more proof do we need that 6 TRILLION more of debt makes the economy take off !
If we spend 10 TRILLION more then unemployment will be near 0%
DOW 25,000 bitchez !
More funny math to make the monthly employment/unemployment numbers look better than they really are.
Every month they drop more people from those considered to unemployed by simply stating they are no longer actively looking for work.
The US population increases every year and the number of working age adults increases every year, but the number the Obam government considers to be in the labor force is pretty much the same as when Obama took office.