One year ago, 99 million Americans were unemployed or otherwise not working, and the unemployment rate was 9.1%. Today, while the reported unemployment rate is 8.3%, over 100 million Americans are unemployed or otherwise not working.
WILL THIS IMPROVE BY NOVEMBER?
MORE COMPARISONS FOR PERSPECTIVE ON THE DEPARTMENT OF LABOR FIGURES:
* In January, 2009, 11.6 million Americans were unemployed, with 23% of those unemployed for more than 6 months. By January, 2012, 12.8 million were unemployed, with 43% of those out of work more than 6 months.
* At the official end of the recession in June, 2009, America was 12.6 million jobs short of full employment. By January, 2012, we were 15.2 million jobs short, falling behind by another 244,000 in that month alone.
Of course it will. They'll just keep changing the formula and cooking the numbers until it's just a tad under 8%.
Jedi mind tricks plus creative bookkeeping equals good news for Urkel right before the election.
But if Santorum should win, be looking for the old formula to resurface.
I predict that it will appear to improve by November.
This is somewhat misleading. Last month's job report was the first to include population changes as indicated by the 2010 census. That adjusted both the labor force and non-labor force sizes.
Don't get me wrong, it's still bad, but that "1.2 million" number shouldn't get bandied about so much because it can and will be counter-attacked factually, which obscures the real issue: the plummeting labor participation rate due to lack of jobs.
WILL THIS IMPROVE BY NOVEMBER?
No, because the Marxist wants people unemployed so they become completely dependent on the government and will vote for the Marxist so they don’t lose benefits. In essence become slaves to the Treason party.
Zeros version of fuzzy math.
Doesn't matter. It's all about making it appear to improve, just as the BLS has nudged down the "unemployment rate" for several months now.
Facts be damned, there's a re-election to win.
Five million Americans are so completely vanished that the lamers in the lamestream media haven’t yet found one of them to interview. Personally, I think all 5 million are living on their massive lotto winnings in places like Costa Rica.
Somehow, Øbama will try and convince us those two ones equal 2 and he’s very pleased with this accomplishment...
F U B O
We all know the deceptive nature of marxist tyrants using relative numbers (percentages) instead of absolute figures.
The solution is simple. If we can get another million unemployed, we can reduce the rate to 7.5%
obama could lower unemployment TODAY if he would allow drilling in the gulf of Mexico. (he said they can drill but the applications are still on hold)
marker
Does the 100 million include retirees? Americans would still like to “think” that the rate is 8.3, and that may be enough to justify in their little minds keeping Obama. They can be easily fooled again and again.