Catholic Info
Traditional Catholic Faith => Politics and World Leaders => Topic started by: Matthew on November 02, 2012, 10:42:59 PM
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Using data from the B. (L.) S. -- the L is silent, because it's complete B.S.
That's the bureau that basically GUESSES about job creation, based on historical averages, etc. rather than reality.
But I have just one question -- shouldn't there be more jobs today than 4 years ago, considering there are more Americans alive today than 4 years ago? Isn't a certain growth necessary to stay at break-even?
NEW YORK (CNNMoney) -- The U.S. economy now has more jobs than it did when the president took office in January of 2009.
With the addition of Friday's fairly strong jobs report, plus upward revisions over the last couple of months, there are now 194,000 more jobs than there were in January of 2009, according to data from the Bureau of Labor Statistics.
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I read where the majority of new jobs have gone to recent legal and illegal immigrants. This according to Karen Zeigler of Center for Immigration Studies. The true unemployment rate is about 14%. This according to John Williams of shawdowstats.com. The statistics coming from Washington are always cooked before an election to favor their boss in the White House will get reelected.
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Personally,, I wouldn't consider more people working at Walmarts, Mcdonalds and dollar stores be classified as "jobs".