Friday, December 2, 2011
Unemployment Rate At 8.6% Needs A Further Explanation
It'd be easy to imagine the MSM is all tittering at the new unemployment rates posted today at 8.6%. Ge whiz, gang, that's down from 9% so I guess the government is doing it's job. As sportscaster Lee Corso might say, "Not so fast my friends". Only 125,000 jobs were created last month and 325,000 people have thrown up their hands and said, "I quit". Unemployment is a random sample across the country. Real unemployment is given by experts at 16%. Them's a lot of people looking for work. But, for the next month, or until Christmas jobs dry up, we'll have to listen to the Boob-in-Chief tell us what a fine job he's doing.
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