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If this is such good new why are the feds printing 45 billion a month until unemployment gets to 6.5? Its easy even they know these number dont tell the real story theres 8 million people collecting and growing.
"That's nearly 700,000 more than in the previous week." Enough said.
I am so tired of the same old cards coming from the AP. The reason that the unemployment numbers are down is because millions of workers are out of benefits. Clear, AP writers? As those workers give up then they do not count for anything. Is that not really nice of our Labor Dept?? At the rate we are going, within three years there will be NO unemployed people looking for work since all of them will have given up. The numbers will look great for the President and perhaps he could run for a third term? That would be something different to talk about. Just remember that at least 11 million Americans are out of work. Most of the new jobs are cheap jobs with few if any benefits. I am glad I am on a nice pension.
Reading storiers from the AP in the 2000's remind of reading PRAVDA in the 1960's. Copied from the cold war playbook of "repeat it often enough and they will all eventually believe it".
Many younger unemployed people were 'raised on the Internet' and are unable to complete an unemployment application in pen & ink, which is a requirement in most States.
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