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Lies, damn lies and unemployment data

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Lies, damn lies and unemployment data

Post by Guest on Tue Dec 06, 2011 10:51 am

Yes, the unemployment rate dropped to 8.6 percent and we added 120,000 jobs in November. Whoopee. Roughly half the improvement is because 315,000 workers finally gave up on finding a job and the other half is from seasonal jobs in retail, restaurants and bars. Not only that, but we need to add about 100,000 jobs a month just to keep up with population growth.

Instead of fishing for good news in a monthly report, if you look at the big picture, you can't help but see that we're still in deep you-know-what.


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Re: Lies, damn lies and unemployment data

Post by wausauguy on Thu Dec 08, 2011 3:34 am

Thanks despRI for sharing. While it would be nice to have good news, it helps just a bit to understand I am in a tough time and while I have keep working on getting a job it is not my fault for not landing one.

I like your picture with the lion dove and lamb. Where is that from? Some book or?



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