July's job report not as good as it sounds

T

Trank

New member
It's WAY below 9.1%. Obama promised. Real unemployment is actually about 2% right now, unfortunately the tea party has bribed people inside the BEA to make the nurabers look worse.
 
117k new jobs and unemployment down .1%, woohoo right? NO

About 125K new jobs are needed to keep up with population growth so this month moved sideways at best.

The only way unemployment could have went down is if people gave up looking for work. 14k gave up looking.
 
Someone wanna break the news to Billy as to how many jobs have to be added just to keep up with the increase in population? Forget trying to beat it into his deluded fucking skull about how many jobs needed to be added just to RECOVER all the people unemployed in 10 years. THAT is too fucking complex a concept for BTK to grasp for his "This is great news" deluded Liberal ass.
 
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