Friday, December 02, 2011

AP Shills For Obama On Unemployment Numbers

AP says "slow growth" is like the reason there was "modest hiring" in November.

I'm quite sure that if there was a net employment gain (I don't believe that either and I will explain why at the bottom) that the reason was CHRISTMAS HIRING.

From AP:

WASHINGTON (AP) -- Employers likely added more jobs in November, encouraged by signs of modest economic growth. But the gains aren't expected to be enough to lower the unemployment rate.

Economists forecast that employers added a net 125,000 jobs last month, an improvement from October's gain of 80,000. The unemployment rate is expected to stay at 9 percent for the second straight month.

Some economists have revised their estimates even higher — to roughly 150,000 — after a spate of positive economic reports. And payroll provider ADP said Wednesday that private companies added 206,000 jobs last month.

Still, analysts say that while the economy is growing at a steady pace, it's not accelerating enough to prompt employers to hire more aggressively.

And Europe's financial crisis threatens to slow U.S. growth next year.
About one month ago, a report came out (on the Associated Press newswire) which indicated that America now has just as many people who have fallen off the Unemployment rolls - without having found a job - as there are "unemployed people".

The government tends to call these people, "people no longer looking for work."

In other words, the government does not consider these people unemployed.

But, considering the fact they used to work and receive a paycheck for doing so, I can not imagine they consider themselves anything but unemployed, right?

If there is 9% Unemployment and 9% "people who are no longer looking for work", that means there is at least 18% Unemployment.

This modest gain in jobs during the Christmas season which is being touted as evidence of growth is a sick joke.

We are in a Global Depression. That is the reality.

Obama must be removed from office. He is a clear and present danger to the United States, whether he intends to be so or not.

UPDATE - According to the way Unemployment numbers used to be counted, the rate is 22%.


Always On Watch said...

The media may well get Obama re-elected.

Reliapundit said...

i read that the real unemployment numbers 22% - using pre-clinton numbers.

saw this at doug's place

Reliapundit said...


Anonymous said...

Before this is over, we will have 0 unemployment rate reported. Whatever it takes, it will be done.

Pastorius said...

You're right. Good point. I hadn't thought of that.