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08 February, 2012

I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?

I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?: "On Friday, the entire financial world celebrated when it was announced that the unemployment rate in the United States had fallen to 8.3 percent. That is the lowest it has been since February 2009, and it came as an unexpected surprise for financial markets that are hungry for some good news. According to the Bureau of Labor Statistics, nonfarm payrolls jumped by 243,000 during the month of January. You can read the full employment report right here. Based on this news, pundits all over the world were declaring that the U.S. economy is back. Stocks continued to rise on Friday and the Dow is hovering near a 4 year high. So does this mean that our economic problems are over? Of course not. A closer look at the numbers reveals just how fraudulent these employment statistics really are. Between December 2011 and January 2012, the number of Americans 'not in the labor force' increased by a whopping 1.2 million. That was the largest increase ever in that category for a single month. That is how the federal government is getting the unemployment rate to go down. The government is simply pretending that huge numbers of unemployed Americans don't want to be part of the labor force anymore. As you will see below, the employment situation in America is not improving. Yet everyone in the mainstream media is dancing around as if the economic crisis has been cancelled. I can't take it anymore! It is beyond ridiculous that so many intelligent people continue to buy in to such fraudulent numbers..."

1 comment:

  1. I agree. I would guess the majority of unemployed do not qualify for unemployment or have exhausted all of the benefits and those people are not being counted. I have been looking for a job for 2 and a half years. I am a skilled and licensed worker in my field and cannot find a job. However I do not qualify for any government aid, because I am not elderly disabled or have children. The public health clinic which is supposed to be free has a sliding scale fee system. If you are indigent and homeless, the fee is 60 dollars upfront, they will not bill it. If you don't have it they will not see you. Safety net? I think not.

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