What Jobless Number Would Guarantee Democrats Win the Election Next Year?
Not sure it’s the numbers we need to worry about but the lies liberals will tell about them.
Check it out:
Forty-one percent of new jobs in November were in the government. Federal, state, and, local governments hired a net additional 338,000 workers in November. That’s 41% of the total of 818,000 net additional jobs created in the United States during the month. At the same time unemployment rate for government workers went down from 4.4% to 3.2% in November. Unemployment for government workers was 4.4% in October.
In November it’s 3.2%. The overall national unemployment rate fell from 7.3% to 7.0%. So the agency, the Census, which faked the 2012 election jobs report in October-November of last year, is now telling us that 818,000 new jobs were created, and there’s a whole bunch of new people in the labor force, and, “Man, it’s really, really good!” Except that it isn’t. Forty-one percent of the new jobs are in government.
However, there is a bit of a dilemma for Obama, and right here it is in Reuters. “US Unemployment Rate Hits Five-Year Low; Eyes on the Fed.” Why would that be? Well, let me tell you. “US employers hired more workers than expected in November, and the jobless rate fell to a five-year low of 7.0%, which could fan speculation that the Federal Reserve could start reducing its bond purchases,” i.e., cut back on quantitative easing.
Reuters wants to be really happy at this news, but they are guarded because they are worried out there. In the first place, “unexpected” is now back in all the unemployment news. The “experts” are shocked! Unexpectedly good news here. But as this article points out, the president could be in a bind. Because if he jiggers the unemployment rate for the midterms — and remember, now, John Crudel, New York Post, has documentation.