April Jobs Report real statistics
May 14, 2015 08:18:59 #
no propaganda please
Loc: moon orbiting the third rock from the sun
Why I don't believe the April jobs report (and you shouldn't either)
By Wayne Allyn Root Published May 13, 2015 FoxNews.com
Its getting really embarrassing. Its hard to believe this is America. The mainstream media no longer prints the t***h, they just print wh**ever lies make Obama look best.
Are we living in a Banana Republic, where the media covers-up for a tin pot dictator named Barack Obama?
The economy is a disastrous mess. But you wouldnt know it from the headlines released by the liberal media. For instance, take the jobs report that came out last Friday. This could be the biggest case of fraud and misrepresentation since ObamaCare.
Lets pick Fridays jobs report apart, piece by piece.
Recovery? Good jobs report? Folks, this is a slow motion disaster.
First, the headlines in most every newspaper in the country reported the great news of 223,000 jobs created. No one mentioned that this number was below expectations and therefore a disappointment.
No one mentioned that the stock market went up in response to this BAD news, because Wall Street analysts now expect the Federal Reserve to keep interest rates at zero (in response to such bad news). In other words bad news is great news on Wall Street. Instead the liberal media simply reported that the stock market went up, leaving average Americans to think it was in response to good news about jobs.
Second, while the headlines screamed about 223,000 new jobs created, they never mentioned that last months jobs figure was revised downward by over 30 percent. Yes, I said THIRTY PERCENT from 126,000 new jobs to 85,000.
If the mainstream media was doing its job, theyd ask why anyone should believe this months figure? Why should we not assume a 30% downward revision next month? If so 220,000 jobs would be revised down to only 160,000 -- a disastrous disappointment.
The third lie is the mother of all fraud. How did the government arrive at that figure of 223,000 new jobs created? It was composed of 252,000 full-time jobs LOST and 437,000 part-time jobs gained.
Did you know that? Of course not. Because the liberal media never reported it. Tell me whats good news about 252,000 full-time jobs being eliminated, while they are replaced by 440,000 horrible low-wage part-time jobs (the kind that cannot feed a traditional family without food stamps)?
By the way, those 252,000 full-time jobs lost were the biggest drop in full-time jobs in a year. How is this reported as good news? How is this reported as proof of a recovery? Why aren't they reporting the prospects of getting a full-time job have declined dramatically from one year ago?
Also why is there no investigation by the mainstream media about why the United States of America is so quickly t***sforming into a low-wage, part-time economy? Because the media is afraid of the obvious answer: ObamaCare.
Ive seen no headlines reporting on the results of Federal Reserve Bank surveys in Philadelphia, New York and Atlanta all finding that in response to ObamaCare, few if any full-time jobs are being created, part-time jobs are the norm, and higher costs for health insurance are being passed onto employees.
There it is. Two mysteries are solved at once. This is why we see only part-time jobs being created and why consumer spending is weak despite lower gas prices. ObamaCare is wrecking the economy. Says who? The Fed. Whom did they ask? The only people whose opinions really matter -- employers.
Lastly, how can the media justify touting 223,000 jobs created, without mentioning that in the same month we hit a record low for Americans NOT in the labor force? Believe it or not, 93,194,000 of our fellow citizens of working age are not working. Thats the record for the most ever number of Americans not working.
You mean this statistic isnt significant enough to mention? Yes, unemployment is going down. The reason is clear -- people are dropping out of the workforce and either living on welfare, food stamps, disability, or if theyre lucky enough to be older, theyre going straight to Social Security and Medicare (meaning they'll never work again).
No country can survive this kind of entitlement burden. Under Obama a majority of the country is surviving on a government check of some kind.
Recovery? Good jobs report? Folks this is a slow motion disaster. But the mainstream media refuses to tell the t***h.
In the private sector there's a word for that. It's called fraud.
Wayne Allyn Root is a Capitalist Evangelist, serial entrepreneur, conservative national media commentator, and proud champion of the middle class. He is a former Libertarian vice p**********l nominee, now back to the GOP. Wayne's latest book is "The Murder of the Middle Class" (Regenery 2014). For more, visit his website: www.ROOTforAmerica.com. Follow him on Twitter@WayneRoot.
By Wayne Allyn Root Published May 13, 2015 FoxNews.com
Its getting really embarrassing. Its hard to believe this is America. The mainstream media no longer prints the t***h, they just print wh**ever lies make Obama look best.
Are we living in a Banana Republic, where the media covers-up for a tin pot dictator named Barack Obama?
The economy is a disastrous mess. But you wouldnt know it from the headlines released by the liberal media. For instance, take the jobs report that came out last Friday. This could be the biggest case of fraud and misrepresentation since ObamaCare.
Lets pick Fridays jobs report apart, piece by piece.
Recovery? Good jobs report? Folks, this is a slow motion disaster.
First, the headlines in most every newspaper in the country reported the great news of 223,000 jobs created. No one mentioned that this number was below expectations and therefore a disappointment.
No one mentioned that the stock market went up in response to this BAD news, because Wall Street analysts now expect the Federal Reserve to keep interest rates at zero (in response to such bad news). In other words bad news is great news on Wall Street. Instead the liberal media simply reported that the stock market went up, leaving average Americans to think it was in response to good news about jobs.
Second, while the headlines screamed about 223,000 new jobs created, they never mentioned that last months jobs figure was revised downward by over 30 percent. Yes, I said THIRTY PERCENT from 126,000 new jobs to 85,000.
If the mainstream media was doing its job, theyd ask why anyone should believe this months figure? Why should we not assume a 30% downward revision next month? If so 220,000 jobs would be revised down to only 160,000 -- a disastrous disappointment.
The third lie is the mother of all fraud. How did the government arrive at that figure of 223,000 new jobs created? It was composed of 252,000 full-time jobs LOST and 437,000 part-time jobs gained.
Did you know that? Of course not. Because the liberal media never reported it. Tell me whats good news about 252,000 full-time jobs being eliminated, while they are replaced by 440,000 horrible low-wage part-time jobs (the kind that cannot feed a traditional family without food stamps)?
By the way, those 252,000 full-time jobs lost were the biggest drop in full-time jobs in a year. How is this reported as good news? How is this reported as proof of a recovery? Why aren't they reporting the prospects of getting a full-time job have declined dramatically from one year ago?
Also why is there no investigation by the mainstream media about why the United States of America is so quickly t***sforming into a low-wage, part-time economy? Because the media is afraid of the obvious answer: ObamaCare.
Ive seen no headlines reporting on the results of Federal Reserve Bank surveys in Philadelphia, New York and Atlanta all finding that in response to ObamaCare, few if any full-time jobs are being created, part-time jobs are the norm, and higher costs for health insurance are being passed onto employees.
There it is. Two mysteries are solved at once. This is why we see only part-time jobs being created and why consumer spending is weak despite lower gas prices. ObamaCare is wrecking the economy. Says who? The Fed. Whom did they ask? The only people whose opinions really matter -- employers.
Lastly, how can the media justify touting 223,000 jobs created, without mentioning that in the same month we hit a record low for Americans NOT in the labor force? Believe it or not, 93,194,000 of our fellow citizens of working age are not working. Thats the record for the most ever number of Americans not working.
You mean this statistic isnt significant enough to mention? Yes, unemployment is going down. The reason is clear -- people are dropping out of the workforce and either living on welfare, food stamps, disability, or if theyre lucky enough to be older, theyre going straight to Social Security and Medicare (meaning they'll never work again).
No country can survive this kind of entitlement burden. Under Obama a majority of the country is surviving on a government check of some kind.
Recovery? Good jobs report? Folks this is a slow motion disaster. But the mainstream media refuses to tell the t***h.
In the private sector there's a word for that. It's called fraud.
Wayne Allyn Root is a Capitalist Evangelist, serial entrepreneur, conservative national media commentator, and proud champion of the middle class. He is a former Libertarian vice p**********l nominee, now back to the GOP. Wayne's latest book is "The Murder of the Middle Class" (Regenery 2014). For more, visit his website: www.ROOTforAmerica.com. Follow him on Twitter@WayneRoot.
May 14, 2015 08:44:55 #
no propaganda please wrote:
Why I don't believe the April jobs report (and you shouldn't either)
I shortened this for space NPP.
I haven't believed the jobs reports for quite sometime now. And it appears that it is getting more difficult to search the BLS website to find out "facts" so you can conduct your own research.
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