Saturday, April 2, 2011

Obama's Unemployment Numbers

Do the numbers add up?
Well yes they do actually.....


Explained in two sentences.
If you remove 2.33 million people from the labor force within one year, that will indeed help lower the unemployment rate. It is, however, not the same as helping the unemployed find jobs.
The latest jobs report.
The number of people who were “not in the labor force” In March 2010 was 83,264,000 (seasonally adjusted). In March 2011, it was 85,594,000 (seasonally adjusted). If you want to know how unemployment dropped a point, look no further than this statistic.
Sure to be reported by all the major networks right?

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