Glorious news comrades, unemployment rate has dropped from 7.6% to 7.4%!! How does it feel to be lied to daily? The imperial regime left out a small figure that 37,000 people LEFT the labor workforce!
That means the number of people out of work in America will continue to be over 100 million!
Oh and all those 953,000 jobs in 2013 Darth Hussein will claim were created, 731,000 are part-time jobs.
You see the only industries “growing” are the service industries like food and beverage.
69% of the jobs created in the second quarter – and 57% in the first half of 2013 – were in the three lowest-paying sectors of the economy: retail trade, administrative and waste services, and leisure and hospitality. These jobs, which account for 33% of all private sector jobs, pay an average of $15.80 per hour.
“What you’re seeing is now the spreading of low wage growth,†he says, noting those trends continued in Friday’s July jobs report. “Really we have become a nation of hamburger flippers, Wal-Mart sales associates, barmaids, checkout people and other people working at very low wages.â€
If real jobs were created then the regime would be bragging about manufacturing jobs being created, because thats where the real jobs spawn from! The US barely makes anything anymore so get use to this kind of news while the powers that be say we are in a recovery, when we are in fact in a stealth depression!
Just so you know the real unemployment figure is still holding at 23%
