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.
Link: http://www.usatoday.com/story/money/...eport/1751705/
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 )
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