The population grows. Job creation stagnates. Yet unemployment DROPS???
That can only mean that more workers are dropping out. Giving up. Joining the ranks of the 'discouraged' - unemployed who have been in that state for SO long that they don't even receive benefits any longer.
Way to go, Democrats! Fixing the unemployment problem was the top priority of your President in 2009, wasn't it? None of us imagined then that this was what he meant - or that he'd spend over $5 trillion getting us here.
There are some 2 million more Americans out of work today than when Obummer took office.
May 4, 2012
Unemployment rate drops, job creation stagnates
(MoneyWatch) The U.S. economy added 115,000 new jobs in April and the unemployment rate fell to 8.1 percent, the lowest level since January 2009. While some may focus on the rate, the more important fact is that job creation was disappointing.
2012 started off with a bang in terms of job creation. In January, the economy added 275,000 jobs; February was revised up to 259,000 from the originally reported 240,000; and March was also revised up to 154,000 from 120,000.
More: http://www.cbsnews.com/8301-505123_162-57427667/unemployment-rate-drops-job-creation-stagnates/?tag=breakingnews
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