Posted on 10/03/2014 5:02:50 PM PDT by Perdogg
Interested why despite the euphoric headline NFP print, a cursory glance deeper inside the payrolls report reveals weakness after weakness, with both participation plunging again and wages the worst since last summer?
(Excerpt) Read more at zerohedge.com ...
In other words.. ILLEGALS.
And the unicorns all pooped skittles in unison. The summer of recovery has finally arrived.
Kids went back to school and college .... bingo, all those part time and low wage jobs are back. Then when school lets out, these people are not picked up as unemployed but the school kids and college kids take summer jobs at part time and low wage. When summer is over, the jobs go away and they are not counted in unemployment.
I heard the local top of the hour news today say “a lot of those jobs were middle class jobs” in tech, medicine and service industries.
The media lies so much, they have no idea what is real and not real, only to keep the LIV crowd thinking things are hunkey-dorey.
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