December 7. 2012 - Employers added a better-than-expected 146,000 jobs in November, providing further evidence of an economy that continues to show resilience despite Superstorm Sandy and budget battles in Washington.The unemployment rate fell to a four-year low of 7.7% from 7.9% as 350,000 Americans left the labor force, which includes people working and looking for work, the Labor Department said.
Let’s look at some of the figures that should also reflect improvements IF the .Gov story was true:
Prime Worker Demographic Ages 25-54
… November DROPPED another 400,000 to a total of 94,000.000
… THE LOWEST LEVEL SINCE 1997
(source: http://www.zerohedge.com/news/2012-1...il-1997-levels )
Labor participation rate 63.6%
… LOWEST RATE SINCE JAN 1982!
(source: http://data.bls.gov/pdq/SurveyOutputServlet )
Since June the total number of the Government Sector employees has increased 621,000
… THAT’S 73.3% OF THE TOTAL 847,000 NEW JOBS CREATED
(source: http://cnsnews.com/news/article/73-n...are-government )
BLS’s OWN U6 STILL AT 14.4%
(source: http://www.bls.gov/news.release/empsit.t15.htm )
IF the U3 was computed using the way it was prior to 1995
… IT’S STILL OVER 20%!
(source: http://www.shadowstats.com/alternate...loyment-charts )