Clearly it is Obama out there manipulating the data again.
Good number considering that, yet again government cut jobs for the month, this time 10k were cut. And here I thought Obummer wants going to have everyone work for the guvmint?
"We are what we pretend to be, so we must be careful about what we pretend to be."
-Kurt Vonnegut "Mother Night"
Good number considering that, yet again government cut jobs for the month, this time 10k were cut. And here I thought Obummer wants going to have everyone work for the guvmint?
Many of the jobs being created in aerospace, healthcare and info tech are funded by government spending, though they're categorized as private sector jobs.
I've resolved myself to keep out of political discussions here, except for unique events that might occur (e.g. Paul's filibuster), and even then not getting too deep in the weeds. But I saw all this trolling and had to comment.
From the linked article:
The brighter hiring picture has yet to trigger a flood of people who aren’t looking for a job to start seeking one. The proportion of Americans either working or looking for work dipped one-tenth of a percentage point in February to 63.5 percent, matching a 30-year low.
Even though the recession officially ended nearly four years ago, many Americans have remained discouraged about their job prospects and have given up looking. Others have returned to, or stayed in, school. And the vast generation of baby boomers have begun to retire. Their exodus reduces the percentage of adults working or looking for work.
And from another:
The number of Americans designated as "not in the labor force" in February was 89,304,000, a record high, up from 89,008,000 in January, according to the Department of Labor. This means that the number of Americans not in the labor force increased 296,000 between January and February.
The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work.
The increase marks the second month in a row, after rising in January from 88.8 million in December. Those not in the labor force had declined in December from 88.9 million in November.
The nation's unemployment rate decreased to 7.7 percent in February, down from 7.9 percent in January. Overall unemployment “has shown little movement, on net, since September 2012,” the Labor Department said.
230k is a great number. But let's not don the party hats quite yet. We still have less taxpayers net, which is a huge problem. It's actually amazing that we collected a record tax intake this year with less taxpayers, and yet the answer for future problems from some seem to be "raise tax rates!" instead of creating the environment that gets more people back into the labor force.
If the majority distributes among itself the things of a minority, it is evident that it will destroy the city. --Aristotle
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Originally Posted by Fandango
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