While the media pants with exhilaration over a dip in the unemployment level that was created by over a half-million people giving up and dropping out of the workforce, a deep-dive into the employment numbers also reveals that it's mainly government workers benefitting from what meager job growth we are seeing. Over the last five months, 73% of all jobs created were government jobs. Moreover, the unemployment rate for government workers plunged to 3.8% in November -- which is considered full employment.
This doesn't surprise you, does it? Read the gruesome details @ 73% of Jobs Created In Last Five Months are Government Jobs