So, job figures are up??
Depends how you spin the numbers …
From the Bureau of Labor Statistics – Update
8:30 a.m. (EST) Friday, February 1, 2013
http://www.bls.gov/news.release/empsit.nr0.htm
“The number of unemployed persons, at 12.3 million, was little changed in January.”
“In January, 2.4 million persons were marginally attached to the labor force, down by 366,000 from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.”
“Total nonfarm payroll employment increased by 157,000 in January.”
————————————————————————–
————————————————————————–
That’s right, 19.5% of the unemployed weren’t considered …
So, with a significant number of Unemployed simply NOT taken into account, the bureau, the government and Main Stream Media can make claims that the nation added 157,000 jobs in January …
http://online.wsj.com/article/SB10001424127887323701904578277621175297276.html
All of this on the backside of the report that the US GDP actually Shrunk by 0.1% in the 4th qtr …
http://www.economonitor.com/dolanecon/2013/01/30/us-gdp-shrinks-in-q4-how-to-interpret-the-bad-news/
As well as a 0.3% shrink in the UK:
http://www.guardian.co.uk/business/2013/jan/25/uk-triple-dip-recession-gdp
Main stream propaganda media is working overtime trying to keep everyone from seeing the big picture. There is a ton of bullshit behind those pearly white smiles on your television. Turn it off and research for yourself.
SaltyTalk
Twitter: @SaltyTalk
Facebook: http://www.facebook.com/saltytalk
