8.8 Percent Unemployment – Still Bad NewsPosted: April 1, 2011
The much anticpated job report came out and the lying liberal mainstream media is cackling like a bunch of happy hens as those a .1 % dip in unemployment is some sort of good news. Like this one from Obama’s personal news network CCN:
“Almost two years after the recession officially ended, the labor market appears to finally be picking up,” said Kathy Bostjancic, director of macroeconomic analysis for The Conference Board. Businesses added 230,000 jobs, the second best gain in that reading in five years. But while businesses continued to bring on new staff, public sector employers trimmed 14,000 jobs during the month, mostly at the local government level. The unemployment rate continued to edge down, dropping to 8.8%, the lowest level since March 2009. The unemployment rate has shed a full percentage point in the last four months.
“Appears to be”.. yeah ok. Now we can’t blame for them for trying but please. When the unemployment rate gets down to where it should be, then we can start talking about recovery.