Ricktloml wrote:
Every word of your post is true, not only that but the jobs numbers have been revised downward most every time. The Obama administration, and the collaborative media always tout the U-3 number, the one that Obama changed how the numbers were calculated, but the number that includes those millions no longer collecting benefits, is the U-6 number and that one is 13+ as the unemployment rate. Everything about this administration is a lie.
Another reason for the unemployment numbers dropping that no one seems to be considering is the large amount of Baby Boomers retiring daily. One more person retiring means one less person actively looking for work.
Generation X is an extremely small generation sandwiched between two larger ones. It remains to be seen how lopsided the unemployment numbers will become due to this unusual anamoly.