8.6% unemployment? Baloney « Don Surber
The federal government said employment increased by 120,000 in November (an increase of less than 1/1,000th) and the unemployment rate fell by 0.4%? Baloney.
It is a statistical lie aimed at making it sound as if the economy is growing.
Indeed, Bloomberg reported that 315,000 people left the workforce — meaning the number of dropouts was nearly triple the net gain in jobs.
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