The DOW closed the highest since 08 on the news.. You should really think hard about just who spinning things, and who telling the lies.. Someone is, thats for sure.
People who fall out of the labor force typically have been unemployed for years, which also brings us back to 2008 in many cases.
I am not complaining about the DOW going up .. though I'm sure it will not stay there .. one must ask themselves why would the govt want to inflate these numbers .. why to make Obama more electable ... that is the only reason why you two democratic diehards think that is all wonderful and honest news. Have other administrations adjust employment .. sure .. but Obama is banking on this to get re-elected. Look how great things are ... why anyone who goes shopping for food knows that there dollar doesn't go as far as it did a couple years ago and that if you have job .. I mean a full time job not a part time job .. part ime jobs have increased in the recent past compared to full time jobs .. I guess it si a postive in some ways .. but it is not a full time job
Charting America's Transformation To A Part-Time Worker Society, Following 6 Straight Months Of Full Time Job Declines
Since there still is confusion regarding yesterday's whopping "surge" in non-farm payrolls, which represented a 243K jump in the Establishment survey, yet only to an employment number last seen ten years ago, when the US population was about 30 million lower (think about that: 30 million increase in population and no change in the total employed), here is the final explanation of what happened yesterday.
Explaining Yesterday's Seasonally Adjusted Nonfarm Payroll
Well, what i was saying is.. Do you really think the DOW is going to raise on fake news?
And this site is fairly interesting but why should i take Tyler Durden's blog as anymore truthful then the rest? He doesnt seem to go into seasonal employment (something he mentioned in a previous entry when it suited him), the fact that alot of the numbers where coming in from previous years etc..
To me he is putting spin on it. (I think the official story is spin also though, no worries) Over all it seems to me everyones taking numbers that makes the point they wish to make sound best.
Somewhere between all the fakes and spin is the truth, i think people just need to be clear enough to look through the BS on all sides and get to the facts.
Makes me wish for a palce one could really get straight answers, those places dont seem to be around though :
I think the Zero Hedge is unbiased .... The Zero Hedge is not a conservative or right wing site .. they blasted Bush as well - it is a financial site.
It you want unbiased news you'll have to go look at European news unfortunately - most of the news in the US is terrible.
Take a look at some of the other articles on his site.
They dont seem so poltical as conspiratorial.
Good post though! And great to get people looking into the subject, i did.
Big_T
I'm sure the Main Stream News won't spread this news .. but the 8.3% part will be talked about ... look things are getting better