“Yet wage growth remains weak”
So does the labor participation rate but the pressholes are on a roll so I won’t interrupt.
Right......./sss
The article leaves out the part about another 400K people being eliminated from the workforce. I’m sure you can make employment numbers look pretty good when you quit counting almost 100 million people without jobs as unemployed.
I guess all the relatively high paying, and productive, oil workers getting laid off over the past few months are now working for MacDonalds, along with their spouses so they can pay the bills. So, that is two for every one let go and a benefit in the eyes of the Pravada Press. Earnings went up pitifully but that along with the price of gas drop is portrayed as a great stimules for the economy. Happy Daze sic. are here again.
If this administration told me the sun was going to rise in the east I would not believe them. Talk about “creative accounting”!
More people quit trying, that is all.
Bet they’re all part time....i.e., they let one full time go and hired 2 part time with no benefits. It’s like all the contract work done at home...no benefits!!
Was this extra help at Christmas?
How many Americans got jobs?
Unemployment rate fell only 93,000,000 people out of work more great Obama change.
Just wait until the oil field workers are added to those numbers.
I can’t imagine why people feel insecure about the economy with unemployment at only 5.6% - except for the little detail that so many millions have lost their jobs and been unemployed so long that they no longer count, and the bonus detail that all added jobs in the past five years have gone to illegal immigrants (fewer employed Americans than before the communist seized power on January 20, 2009).
It’s like reading the old Pravda. You know it’s nothing but BS.
This is all such a big lie.
We have nearly 100 million able bodied people out of work.
5.8%?
Here they tout 250,000 new jobs. I guess they aren’t aware that it takes something like 300,000 to barely keep up with the increasing numbers of workers that become available each month due to their age.
Another-words, we’re creating 50,000 new unemployed able bodied people each month. Now there’s something to crow about. /s
People who read the news and take it at face value have no idea what is really taking place in this nation.
We are in a depression. All the happy talk won’t change that.
Our economy limps along. It could be exploding. Obama, Congress, they’re clueless wonders.
Oh Happy Days are here again!!! /sarc