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Employment Figures are Disappointing

Posted by Steve Markowitz on April 6, 2012

The US Labor Department released the Country’s March employment figures, which were not encouraging.  While 120,000 jobs were added during the month, that was only about half of the number of jobs added in February and the first time since November of last year that less than 200,000 jobs were added.

While the Country’s unemployment rate dropped one tenth of a percent to 8.2%, this was merely due to the shrinking total US workforce.  While the population of the United States continues to grow, the geniuses in Washington do not count those Americans that are out of work so long that they stop looking for a job.  That type of accounting would make Bernie Madoff proud.

The government’s “fixing” of the employment numbers has been the subject of this Blog’s postings in the past including one on December 3, 2011 titled Unemployment Numbers Don’t Add Up.  These fake numbers serve no purpose other than to create make-work for government workers and to be used by politicians to further political goals.  They are presented to the People monthly only because the mainstream media and the public at large allows this sleight-of-hand to continue.

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One Response to “Employment Figures are Disappointing”

  1. Jim Mahoney said

    No problem – once everyone gives up looking for work we will achieve an unemployment rate of zero

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