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But that won't stop the libs from running WITH it!
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Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
The current method has always been fine, and we see it here regularly when right wingers try to champion the unemployment level during the Bush years. If one is employed, they should count as employed regardless if they have their dream job or not. If one isn't looking for work, then they probably shouldn't be counted as unemployed. Is a stay at home parent unemployed?
It is good to see this type of good news getting under right wingers' skin because it shows that even with all their tactics to hurt the economy to make the Democrats look bad, all of that has failed as more Americans are back to work since the recession.
Also keep in mind, the u-6 is also steadily falling as well.
"The key to the recovery of the middle class is jobs.
The truth is that without middle class jobs, it is impossible to have a middle class.
Unfortunately, more middle class jobs are being offshored, are being replaced by technology, or are being lost to a slowing economy every single day. The competition for the jobs that remain is incredibly intense. Just consider the following example…
In 2012, Eric Auld, an unemployed 26-year-old with a master’s degree in English, decided to find out what was on the other side of the black hole. He created a fake job ad as an experiment:
If you have ever applied for a job like that, I offer my condolences. You have better odds at the casino. Auld received 653 responses in 24 hours. 10% of the applicants had more than 10 years of experience, and 3% of them had master’s degrees. Presumably, one of them would get the job. But what does that mean? It means that all the other experienced applicants and master’s degree holders would remain unemployed. That is about 64 experienced workers and about 19 workers with master’s degrees."
HERE is why the Obama "recovery" doesn't feel like a recovery.
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18 million foreign students and workers — including many university-trained workers — have jumped into the U.S. economy since Obama was inaugurated in 2009.
The guy is working hard to destroy America from within!
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