I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?Submitted by GBAmerica on Mon, 02/06/2012 - 22:27
I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?
On Friday, the entire financial world celebrated when it was announced that the unemployment rate in the United States had fallen to 8.3 percent. That is the lowest it has been since February 2009, and it came as an unexpected surprise for financial markets that are hungry for some good news. According to the Bureau of Labor Statistics, nonfarm payrolls jumped by 243,000 during the month of January. You can read the full employment report right here. Based on this news, pundits all over the world were declaring that the U.S. economy is back. Stocks continued to rise on Friday and the Dow is hovering near a 4 year high. So does this mean that our economic problems are over? Of course not.