What is the matter with businesses these days.
They need to stop hiring so the Unemployment rate can get better.
Unemployment is at 9% now...if we stop hiring people, by this time next year it might get down to 8.5% at least!!!
yea, when I saw the report this morning, I went to the bls pages becasue as usual, the numbers and propaganda presented to and swallowed by the public at large by the of sallow et al, is tripe.
Look some jobs is better than no jobs, of course. BUT
its about details, this jobs report and official miss, and even bigger, BLS "massaged" [i.e. birth/death record, dropped UEI rolls, etc.] report is in poorer shape than is being let on, labor participation rate is just a tick off its lowest on 30 years, and has not really moved in 7 months yet we lose a tenth of a point off the unemployment rate? PLus we all know that there are approx. 135-150k fresh bodies monthly heading out to find their first work....
Of course nowhere do they tell you the people how have \fallen off the rolls account for that. And, it appears Canada lost 54,000 jobs, which is the equivalent of the U.S. losing 540,000, for the month.(?)
Its the same old same old, and, heres the thing Iam, this is the new paradigm being set up, if this isn't good enough and you say anything other than praise the lord ( I saw a calc that uses the bls numbers - we would have to create 256k a month every month starting right now to get to pre 08 level by....
2016) you will be labeled a denier, nay sayer obama basher for not just sucking down the Valium/Librium & vegging out, you must conform and say yes sir sir why thank you for the dose of not even medium growth........watch, there will be the sheep coming out of the pens to take a hack here at anyone whos says different..see, I am 'talking down' the economy and hate obama..........*shrugs*