How do they say it with a straight face?
By laglen
@laglen (19759)
United States
May 10, 2010 9:00pm CST
ctions
Jobs grow by 290,000
unemployment climbs to 9.9%
Addition to payrolls is best in 4 years
uptick in jobless rate attributed to more people seeking work
May 07, 2010|By Don Lee, Washington Bureau
http://articles.chicagotribune.com/2010-05-07/news/sc-biz-0508-jobless--20100507_1_increase-in-new-jobs-unemployment-rate-ken-matheny
My favorite part is
uptick in jobless rate attributed to more people seeking work
lmao what do you think?
I know California and Colorado have both used this. They say that the economy is doing better so the unemployment rate is up....
No matter the facts or the why. There excuses are so pathetic.
5 responses
@TTCCWW (579)
• United States
11 May 10
This is the same thing that happened in the eighties. When the economy starts to come back people who fell off the roles start looking for work again so the unemployment rate goes back up while increasing jobs. These are the people who had used up there benefits and or did not take their benefits to begin with.
The unemloyment number is always wrong or low because they have no way to count the people who are not taking unemployment or have fallen off the roles. Encreasedemployment is really the only good number to judge what is going on with the private sector and those numbers come in by the quarter so they are always behind reality.
1 person likes this
@HADDOWZ (1469)
•
13 May 10
Politicians are experts at twisting figures simply to make themselves look better. Sometimes I wonder just how stupid they think we are.
Have a productive day...
@spalladino (17891)
• United States
11 May 10
It looks like they're getting their unemployment numbers from the job search engines which doesn't seem to be the best way to determine what they actually are but it is encouraging that more people are using whatever it is they're getting the numbers from. In this day and age you can't depend on the local newspaper. This article does leave you going......though.
1 person likes this
@whiteheather39 (24403)
• United States
11 May 10
Beats me. I think one of the requirements to be in the Obama administration is how to tell an outrageous oxymoron story and have the American people believe is is good news! IMO it is insulting for the government to think we are all gullible morons.
1 person likes this
@beaniefanatic13 (5076)
• Grand Junction, Colorado
25 May 10
Well I live in California and I can tell you the unemployment rate here is high, and the only thing that makes any sense to me is that a huge number of people have exhausted all extension benefits recently, so that would make our numbers look better over the past 6 weeks or so. Unfortunately they are far from correct. Our unemployment is at 12.6% I believe.
1 person likes this
@scarlet_woman (23465)
• United States
23 May 10
what i love is when they say 'unemployment is down"..
yea,that's only because people have run out of UI benefits and dropped from the rolls..not because they've found a job,necessarily..
1 person likes this