Oh great 295k jobs created last month.......
- Thread starter shonuff253
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it will probably be adjusted down , like most of the numbers that come from that bunch , nothing to see here .
lots of seasonal jobs in those numbers. UPS, FedEx, retail stores. Don't believe the hype
90 million American people aren't working.
The decline of the labour force participation rate has been happening for years,even before Obama. The Bureau of Labor and Statistics for cast back in 2006 that the labor rate would decrease through 2020. It's primarily due to the Baby Boomers retiring
http://www.bls.gov/opub/mlr/2006/11/art3full.pdf
http://www.bls.gov/opub/mlr/2006/11/art3full.pdf
if so many baby boomers are retiring , why is the black youth rate at 30+ % ? again, nothing to see here !
Guess it's better than losing 800,000 per month like what had been happening when he came into office.
tell that to the black kids looking for work ! you know when this administration took the white house they changed the way unemployment is calculated , they took out the number of long term unemployed , in other words, their benefits ran out so they are uncounted . something like 90 million that now want to work,,,,,,,,,,,,,,,,,,and we are letting in illegal immigrants by the thousands . an economist said this week that the real number is around 20% . this is a disaster !!
The way that unemployment is calculated has never changed and what does the black unemployment have to do with this anyway?
the calculation was changed when this bunch took over , check it out . what does black unemployment have to do with unemployment ? the last time i looked the unemployment rate has gone up for this segment of the population and is ignored by the white house and labor dept because it's not something they want the uniformed to know, and they need to know the truth . in other words, the unemployment rate claimed today is not really accurate . it's been covered by the media for years , the labor dept has had to defend how it calculates , check it out . last week an economist stated that the real rate was closer to 20% !!!
How it's calculated has never changed. There are different versions of it but the way the official unemployment rate is calculated has never changed.
The unemployment rate for Black America has always lagged behind other races but it has declined as the national unemployment rate has declined. CHECK IT OUT
declined ! are you not getting that the rate is up ? you check it out , i have .
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