Unexpected!
It’s just sickening to see this national decline...when we know what would turn things around. We could have gotten started in 2008 & be pulling out of this by now.
Something sounds fishy. Unemployment drops when we lose jobs.
Unemployment rate fell because almost 800,000 people dropped out of the labor force. The number of people from the household survey who answered they were employed fell by 300,000.
Obama, Pelosi and Reid will spin these numbers until we are dizzy...
Once again I ask, how are there less jobs and yet unemployment number goes DOWN?
So confused.
Some of these numbers appear to be cooked and lack any correlation.
Those numbers will edge back up, once they’re “revised” to account for “new information.”
How did they manage to lower the unemployment rate when there are fewer jobs? I suspect “seasonal adjustment” or abuse o the birth/death model but have to get the raw data to figure it out. Fishy, to say the least..
Jobs lost! Unemployment down? I don’t understand. Must be the “new” math!
the lies continue
Santelli on CNBC is pissed off!
They’re also hollering about some fishy business in the birth/death model.
Obama on Unemployment: “At Least It’s Not at 12, 13 or 15 Percent”
http://www.youtube.com/watch?v=I3TlNsPFkyE
Pelosi: Unemployment compensation creates jobs
http://www.youtube.com/watch?v=WUAG3Fqz56s
So this is great news and we should be happy! More unemployment compensation! Jobs are being created!
Why do I feel like I’m living the movie Idiocracy?
The way they count this number is wrong. The unemployment situation is getting worse, and if the rate is improving, then something is wrong with the methodology being used to track it. They know that, but it makes them look good, so they won't try to fix it.
i read previews yesterday to see what economists were hoping for today- the big number was the gain in private sector jobs...they were hoping for a minimum of +100K upwards of +180K....only +83K private sector jobs were created...
It bears repeating: were the GOP in power in either the Congress or the White House the MSM would be in full throat about this crisis.
“Chocolate rations increase from 10 to 8 per month!”
Unemployment is down because more people are hopelessly out of work! Go figure.
This person is a JOKE!...but a bad one and no one is laughing!