Saturday, January 7, 2012
[I-S] Obama Unemployment Magic Trick: Indefinitely Detain 4 Million Peopl
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Obama Unemployment Magic Trick: Indefinitely Detain 4 Million People from Workforce
Although there's little doubt that job creation is speeding up in the private sector, unemployment is not going down as widely touted by the Bureau of Labor Statistics (BLS). In fact, it's likely unchanged since the beginning of the recession because the government is deliberately undercounting the workforce to make unemployment appear to go down. Missing in the latest labor report are at least 1.2 million job seekers who have been added to the civilian population over the last year but not to the work force, thereby artificially deflating the unemployment rate.Chart by Zero Hedge: BLS is undercounting the workforce by...
http://finance.townhall.com/columnists/johnransom/2012/01/07/obama_unemployment_magic_trick_indefinitely_detain_4_million_people_from_workforce
Click here: Obama Unemployment Magic Trick: Indefinitely Detain 4 Million People from Workforce - Page 1 - John Ransom - Townh
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