Quote:
Originally Posted by palmetto defender
I am not a statistician but I find it hard to reconcile how adding ONLY 114,000 jobs can result in a fairly substantial DROP in the unemployment rate. This is counter intuitive. Can it be that droves of people are no longer being counted?
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Well, according to Mitt Romney -
“This is not what a real recovery looks like. We created fewer jobs in September than in August, and fewer jobs in August than in July, and we’ve lost over 600,000 manufacturing jobs since President Obama took office. If not for all the people who have simply dropped out of the labor force, the real unemployment rate would be closer to 11%. The results of President Obama's failed policies are staggering – 23 million Americans struggling for work, nearly one in six living in poverty and 47 million people dependent on food stamps to feed themselves and their families. The choice in this election is clear. Under President Obama, we’ll get another four years like the last four years. If I’m elected, we will have a real recovery with pro-growth policies that will create 12 million new jobs and rising incomes for everyone.”
