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To: John W
The unemployment rate rose a notch to 4.8% last month, mostly because more people were looking for work. Job openings are near record high and that’s drawing a larger share of Americans back into the labor force.

In other words...The aforementioned unemployment rate is bogus, because it doesn't count those considered out of the labor force. As those OUT of the labor force, come back IN to the labor force, unemployment numbers will rise.

Why are those OUT of the labor force coming back in???

1-Welfare benefits are being cut
2-Jobs and jobs forecasting are rising, something that hasn't been seen in 8 years, and people are looking to be able to get back to work.

14 posted on 02/03/2017 6:41:13 AM PST by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: mountn man

Retail, restaurant jobs. Not the kind of jobs meant to sustain a living.


26 posted on 02/04/2017 11:05:50 AM PST by virgil (The evil that men do lives after them.)
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