http://bit.ly/5eaejC - - - The Bureau of Labor Statistics released the December employment report on January 8, and the mainstream media reported that 85,000 jobs were lost. The big story, as usual, was in the Household Survey. There was no mild leakage of 85,000 jobs there, but a whopping 589,000 jobs flushed down the drain. Here are the numbers from the Bureau:
... These are the numbers used to calculate the unemployment rate. Note the reason why the rate didn't skyrocket. A total of 661,000 people dropped out of the labor force in one month. Don't think that things are going to get better any time soon. But let's look beyond the numbers to the trends, also available from the Bureau of Labor Statistics. This is where things really get scary. - - - Obama squandered his first year on radical, deficit-exploding, private sector destroying social programs, and sold a massive political slush fund as "stimulus" with nothing to show for it. - Publius -- "It ought never to be forgotten, that a firm union of this country, under an efficient government, will probably be an increasing object of jealousy to more than one nation of Europe; and that enterprises to subvert it will sometimes originate in the intrigues of foreign powers, and will seldom fail to be patronized and abetted by some of them. Its preservation, therefore ought in no case that can be avoided, to be committed to the guardianship of any but those whose situation will uniformly beget an immediate interest in the faithful and vigilant performance of the trust." [Federalist Papers #59] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
