Numbers Game: Making Sense of Today's Jobs Report

http://blogs.abcnews.com/thenote/2011/05/numbers-game-making-sense-of-todays-jobs-report.html?utm_source=twitterfeed&utm_medium=twitter


“It doesn’t actually mean unemployment rose last month,” he explained. “Instead, it reflects a kind of statistical catch-up.”

As you might expect, members of Congress today chose to focus on one survey or the other according to their political views. Democrats saw the 244,000 jobs added to payrolls in April as a positive sign that the country’s economy is improving and the Obama administration’s policies are working. Republicans viewed the rise in the jobless rate back up to 9 percent as a negative sign that the economy is not recovering as quickly as it should be and the administration’s policies are failing.

Waiting for the 15 MILLION jobs we need. NO mention from goolsby this morning of the ONE MILLON that applied to 62,000 McJOBS!

In this topsy-turvy world that we now live in, sure, 244,000 new jobs would cause the unemployment rate to rise! Also, do those jobs figures include those 62,000 McJobs?