The Sluggish Economy: The September jobs report shows a net increase of only 114,000 jobs – a number far below even the anemic jobs numbers of the past two years and well below what is needed to keep up with population growth. Thus, one would expect the unemployment rate to go up slightly or stay at 8.1 percent. However, somehow the Obama Labor Department claims those pathetic numbers lowered the jobless rate to 7.8. Sounds like magic math. Other polling services who track unemployment say the rate of unemployment went up slightly in September, not down. Who are you going to believe? Obama’s Labor Department? Or your own eyes?
The Sluggish Economy
October 5, 2012 By 1 Comment
It is just amazing that a lot of Americans will just believe whatever is pushed their way. The only logical argument to get those numbers down, is that a lot of citizens left the seeking work category. This all just seems too convenient.