It is worse than that. The JOBS numbers are monthly....the unemployment claims numbers are WEEKLY! You never hear a media mouthpiece for Obama EVER say this. Only that the “jobs created” numbers ‘seem to be’ ‘look like’ ‘show a trend upwards’ and the rest of their lying BS.
I don’t believe anything, any representative of the government who is under control of the Executive Branch says, period. They are liars.
Worse still, there was a net decline of 70,000 full-time jobs, meaning most of the newly created jobs are part-time. Factoring in the huge 236,000 drop in labor force participation, indicates that most of those new part-time jobs were taken by people already employed part-time, picking up a second part-time job to make ends meet. It appears that the rumors are true of companies cutting full-timers to part-timers in response to ObamaCare.
Quite frankly, despite today’s euphoria over the BLS report, these are the most troubling employment stats I’ve seen in the last four years. It is my non-professional opinion that this economy has entered its death throes. It will not survive another fours years of this. No way....