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They reported it dropped from 8.3 to 8.1%.... sound good right?
Nope... they did it by ONCE AGAIN dropping the labor Participation Rate by 368,000
The Obama admin has dropped the Labor Participation rate more than anyone else in history!!!
If they had left the Participation rate were where it was... (instead of saying 368k retired and didn't need to be replaced)
The Unemployment Rate would have gone from 8.3 to 8.4%
And here's the biggy.... If he left it where it was on his 1st day in office, (instead of saying millions retired and are no longer needed)
The Official Unemployment Rate would be 11.2%... not 8.1% after ** with the numbers
Sure baby boomers are retiring... but not all of them WANT TOO.
And sure as **** every last one of them did not have a job that is no longer needed... and therefore no longer needed to be tracked.
Nope... they did it by ONCE AGAIN dropping the labor Participation Rate by 368,000
The Obama admin has dropped the Labor Participation rate more than anyone else in history!!!
If they had left the Participation rate were where it was... (instead of saying 368k retired and didn't need to be replaced)
The Unemployment Rate would have gone from 8.3 to 8.4%
And here's the biggy.... If he left it where it was on his 1st day in office, (instead of saying millions retired and are no longer needed)
The Official Unemployment Rate would be 11.2%... not 8.1% after ** with the numbers
Sure baby boomers are retiring... but not all of them WANT TOO.
And sure as **** every last one of them did not have a job that is no longer needed... and therefore no longer needed to be tracked.