Posted on 05/07/2012 6:24:59 AM PDT by SeekAndFind
The data is not being manipulated, it's just misleading. If every unemployed person stopped looking for work tomorrow, the unemployment rate would be 0%, because of how it's defined.
The problem is that the falling unemployment rate is being touted as a good thing. But the economy lost 342,000 workers while adding only 115,000 jobs -- clearly the trend is bad, even though the unemployment rate looks improving.
Unless he uses the bully pulpit to educate the American people as to what is going to happen.
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