“Department of Labor each month guesses at the number of jobs it thinks are being created by newly formed companies that it really can't prove exist.”
“400,000 of these jobs have been added so far this year”
“July is not a big month for these phantom jobs-labor usually subtracts phantom jobs in July - but not this year”
“In July 2011, Labor subtracted 38,000 jobs.”
“This year, the economy is now officially growing much more slowly, and labor adds 52,000 jobs to the July count it can't prove exist.”
These numbers are all courtesy of the Obama Department of Propaganda.
“In July 2011, Labor subtracted 38,000 jobs....adds 52,000 jobs to the July count it can’t prove exist.”