Friday, May 6, 2011

BLS BS

"The economy added 244,000 new jobs in April, but the unemployment rate climbed to 9.0% all because "more people are looking for work".  I am also hearing the spin that "the numbers aren't great, but the direction is good."  That is the mantra being spun on the networks this morning.

Hogwash!

The civilian employment ratio has not improved, and in fact it is now starting to tail downward again. "
[American Thinker]

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