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Legal Commentary

: TalkLeft

Giving Up: Unemployment Rate Drops To 9% Despite Anemic Job Growth, 36k Jobs Gained In January

By Big Tent Democrat

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The Obama Administration has discovered the secret to dropping the unemployment rate --get people to stop looking for work:

The United States labor market slowed to a crawl in January, adding just 36,000 jobs last month, far below consensus market forecasts. With 13.9 million people still out of work, the unemployment rate actually fell to 9 percent in part because of a readjustment of population figures and also because fewer people looked for jobs during the month.

Happy Days are here again!

Speaking for me only


Full post as published by TalkLeft on February 04, 2011 (boomark / email).

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