Congress
The May BLS jobs report was discouraging for millions still seeking a job in a weak jobs market. Only 54,000 jobs were created and the unemployment rate increased to 9.1%. About 125,000 jobs need to be created each month to absorb new entrants into the workforce. With that in mind, 71,000 more jobs needed to […]
The April 2011 BLS employment report showed a gain of 244,000 jobs, which was trumpeted by the Obama administration and the mainstream media as a continuation of a rapidly improving jobs market. While job growth is important, it’s also important to realize the jobs hole that needs to be filled. Over the past four months more […]
The March Employment Report was again pumped as another victory in the war against unemployment. But for millions of long-term unemployed, it’s still a brutal battle to find work. That’s why it’s unfortunate that most main stream media outlets and politicos seem incapable of understanding, or chose to ignore the “real” unemployment numbers. The BLS reported […]
