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The unemployment rate unexpectedly fell to 10 percent last month, from 10.2 percent in October, as employers cut the fewest number of jobs since the recession began. The better-than-expected figures provided a rare dose of good news for a labor market that's lost 7.2 million jobs in two years.
The average work week also rose, along with average earnings. And the Labor Department said 159,000 fewer jobs were lost in September and October than first reported.
Encouraging to who? Their numbers are notoriously fraudulent so i wouldn't get too excited over any numbers these guys produce. If they're saying the Unemployment number is 10% then just go ahead and assume it's more like 20%. I don't believe any numbers coming from these guys at this point. Most businesses are still either laying off employees or are in hiring freezes. So their 10% number is total Bull Chit in my humble opinion. It is sad but it is what it is.
Encouraging to who? Their numbers are notoriously fraudulent so i wouldn't get too excited over any numbers these guys produce. If they're saying the Unemployment number is 10% then just go ahead and assume it's more like 20%. I don't believe any numbers coming from these guys at this point. Most businesses are still either laying off employees or are in hiring freezes. So their 10% number is total Bull Chit in my humble opinion. It is sad but it is what it is.
Encouraging to who? Their numbers are notoriously fraudulent so i wouldn't get too excited over any numbers these guys produce. If they're saying the Unemployment number is 10% then just go ahead and assume it's more like 20%. I don't believe any numbers coming from these guys at this point. Most businesses are still either laying off employees or are in hiring freezes. So their 10% number is total Bull Chit in my humble opinion. It is sad but it is what it is.
Libo seems to think that a new way of counting unemployment was developed once Obama took office.
This White House has already been caught cooking the books on several occasions. I'm sure by the time the Elections roll around,they will be out there boasting daily about how wonderful things are. I just can't believe anything coming from this White House or Ben Bernanke at this point. If they're saying the Recession is over and everything is just great then just go ahead and assume that the Recession is definitely not over and everything is far from being great. If they're saying the Unemployment number is 10% then just go ahead and assume the number is more like 20%. It's all just a sad Hopey Changey scam at this point.
Their "Saved" and "Created" Jobs numbers may actually be a bigger hoax and fraud than Global Warming is. Their numbers simply cannot be trusted at this point. Look for them to really ramp up their boasting about how wonderful things are right around Election time. The only question is,will people buy their propaganda? I don't think they will.
holiday hiring......when it tanks in january what will be the spin....
holiday hiring......when it tanks in january what will be the spin....
It actually took a bit longer for the spin to start, but it has started non the less.
holiday hiring......when it tanks in january what will be the spin....
It actually took a bit longer for the spin to start, but it has started non the less.
are you saying there won't be an increase from holiday terminations....
how much of this drop is attibutable to holiday hiring.....
