Freedomlover
VIP Member
- Nov 6, 2008
- 224
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If I were in the Obama camp I would not get excited about the employment numbers released by the Labor Dept. today. Those numbers do not tell the whole story about what is really going on.
The Labor Dept. says there 171,000 jobs added for the whole month of October. What they are not telling the public is how many new applications for unemployment where filed for the whole month of October. That figure, based on their own numbers for each week of the month total 1,469,000 new applications. The result being there was a net loss of jobs in October of 1,298,000. You can't tell me things are anywhere near being better after four years of Obamanomics. It just isn't so!
You can go to YCharts - Stock Charts, Stock Ratings & Economic Indicators to see what the actual numbers are.
The Labor Dept. says there 171,000 jobs added for the whole month of October. What they are not telling the public is how many new applications for unemployment where filed for the whole month of October. That figure, based on their own numbers for each week of the month total 1,469,000 new applications. The result being there was a net loss of jobs in October of 1,298,000. You can't tell me things are anywhere near being better after four years of Obamanomics. It just isn't so!
You can go to YCharts - Stock Charts, Stock Ratings & Economic Indicators to see what the actual numbers are.