Mama Bin Cranky

Screaming on the Inside

Employment Falls to 8.1%

Posted by madjillmom on September 7, 2012

The actual unemployment figure is really about 15%.  96,000 found jobs last month.  That is another miserable number that can’t even keep up with population growth.  To lower the number 8.2 to 8.1, many people had to stop looking for work, give up, fade away, cry, dance, and die (thanks to Elizabeth Warren). Evidently if everyone who is unemployed stops looking for work, the number will drop again.

I am stupid. We have fewer people working than when PresBO took office. Every week, 300,000 plus people file for the first time for unemployment.  That is over a million per month.  Then we have miserable jobs numbers like 96,000 new jobs.  Doesn’t that mean that over a million people are added to the rolls of unemployed.  How can the unemployment percentage go down when this happens.


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