According to the Obama administration that is. However, check out this story:
U.S. businesses are being destroyed faster than theyÂ’re being created
By Christopher Ingraham, May 5 @
U.S. businesses are being destroyed faster than they?re being created
Not only this, but the surest sign of the Misery Index of our current economy is the amazing number of vacant store fronts one sees while driving around. Each one represents the loss of more jobs and more opportunities to get ahead.
Non-farm employment fed another monthly drop in unemployment across Iowa in November, according to Iowa Workforce Development (IWD).
Iowa’s official seasonally adjusted unemployment rate continued to drop in the month, falling to 3.4 percent from 3.5 percent in October, IWD reported Friday. The state’s jobless rate was 4.3 percent one year ago.
The U.S.'s official unemployment rate remained at 5 percent in November.
Thanks Obama.
You understand unemployment is a lagging indicator, right? And that most of the drop in unemployment is people leaving the workforce.
I understand that you republicans are never going to let this position go. Even as unemployment nears 4%, you'll keep talking about "people leaving the workforce".
You are a loser, and so has anyone who has left the workforce. You are just a political hack talking out of both sides of your stupid little bitchy mouth. You're a typical blowhard bullshitter.
It's not me talking about it. It's the BLS. I realize facts make you cranky because they contradict your spoon fed propaganda. But the truth is the UE rate is lower largely, not entirely, because people have simply dropped out of the workforce.
If they aren't costing you unemployment payments, don't worry about them. Fact is, unemployment is as low as it has been in a long long time. Obama got us out of Bush's Great Recession. And you're just being a petty ***** at this point.
Maybe those people are going to back to school or have started their own business. Do you have a way of keeping track of that other than knowing when people fall off the books? How are you tracking them? Can you show us the monthly results of the people who've fallin off the books? I bet you can't.
I think they are either in school, have started their own business', are working under the table, maybe they moved to Canada or Mexico where all the jobs are? I don't know. But you seem to want to deny that the economy is better when it is so clearly better.
The people hurting the worst are uneducated people who use to be middle class. I've explained it to you a million times before dumb **** so I'm not going to explain it again. It was your party that sent all their jobs overseas. You said those uneducated people made too much, remember? OF course you don't because all you remember are fox talking points. So anyways, don't act like you are the party to help those uneducated out of work Americans, because you are not. What you are is a joke.