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Macy's and Hobby Lobby are hiring seasonal help. Chick fil A is opening stores.
Balance that number against the historic totals of people no longer looking for a job.
that 5% UR sounds great untill you realize the per cent represents only a tiny pool of job seekers.
Obama math skills are wanting so he gets minions to perform creative statistics.
Obama is hooting and hollering from a sedated bronco. when obama gets off, the bronc will come to life.
Obama uses the same unemployment formula that Clinton and George Bush used. I think the older bush and reagan used a slightly different method though. Obama isn't cooking any books, and we may have to get used to higher U6 unemployment because our society is older. I have a lot of boomer co-workers who are semi-retiring at 62-63 and getting simple part time jobs. Sure, I bet they would like a full time job still if the pay was good enough, but that probably isn't heading their way. This type of situation inflates the U6 rate.
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