Wednesday, December 12, 2012

UNEMPLOYMENT – The True Facts

The Bureau of Labor Statistics reported on Friday, the unemployment rate fell from 7.9 percent to 7.7 percent in November, the lowest jobless rate in four years. The report claims the number of workers expanded by 146,000 jobs. But this report did not go far enough. The report, although true, was given in a way to give Obama a favorable rating and good results If a person takes time to look behind the headlines by the liberal press and the reports by the government,. They will find the report, as a whole, is more troubling. than good. The government’s estimate of job growth in September and October was revised lower by 49,000 jobs (and) averaged less than 139,000 per month for the last three months. That number, given by the government is less than the number of jobs, (150,000 per month), needed to keep up with population growth.
In the mean time, the unemployment rate, for the American people  did not fall because there was an overwhelming amount of jobs in the economy. The real fact, the number of people counted as employed in the survey fell by 122,000.people. The unemployment rate dropped
Only because a whopping 350,000 people left the labor force because they give up looking for a job in this Obama economy.. Sometimes you can learn more from what you don’t read in the newspaper.

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