Watchwoman: I’m no financial expert. Not anywhere near close to one. However, I am not obtuse either. Please hear this!
Last month, they added 115,000 new jobs. That is not enough to keep up with new people entering the work force; therefore, as people enter the work force there’s fewer and fewer jobs available to each person who wants to work.
Also, as people’s unemployment compensation runs out after 99 weeks, they are no longer considered part of the unemployed work force. They just disappear from the unemployment government statistics. Viola, it looks like the unemployment is dropping, but it is actually increasing and the recession is, by that standard, getting much worse.
If you want the truth and to learn what the government is not telling you, go to www.shadowstats.com.
The following is from another source revealing the same thing that the U.S. Government is fudging on the unemployment rates and feeding the American population a crop of happy talk.
If the government were being truly honest with you and me, my friend, they would be telling us how many of American citizens are working instead of what the percentage of how many of the people are unemployed. ▬ Donna Calvin
People Not In Labor Force Soar By 522,000, Labor Force Participation Rate Lowest Since 1981
Submitted by Tyler Durden on 05/04/2012 08:40 -0400
It is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to 88,419,000. This is the highest on record.
The flip side, and the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.
Labor force participation Rate:
People not in labor force:
Posted by Donna Calvin — Saturday, May 5, 2012
Please share this Watchwoman post on your Facebook page, Linkedin, Google+1, Twitter to all your friends, Please click “Like”, Share, and Leave Comments.
Visit Word Warriorette, a free Yahoo Group, and subscribe to be notified (one email a day) of new posts on Watchwoman.
DISCLAIMER: Beliefnet puts paid advertisements on “Watchwoman on the Wall” blog site including some that would never be approved of by the King James Bible, Pastor Ernie Sanders of Doers of the Word Church, What’s Right-What’s Left Radio Ministry, the Voice of the Christian Resistance, Geauga County Right to Life and Donna Calvin. We at www.WRWL.org do not condone, endorse, adhere to, practice or believe in many of the topics and some of what other bloggers promote or their religions at Beliefnet. However, Mrs. Calvin has no control of what Beliefnet displays. She blogs at Beliefnet because she is in the missionary field ministering to true believers posting articles and commentaries informing pro-life, conservative Christians of recent anti-Christian acts and hostile legislation to God’s Agenda and His Will for the world. Hopefully, unbelievers will read these along with the salvation message of Jesus Christ as written in the Gospel of John, Chapter 3, according to the King James Bible, and be saved. A missionary must go into the unbelievers’ territory to reach them. Her mission is to Proclaim Warning to a Nation that has forgotten their Lord and Savior Jesus Christ, the only Truth, the Life, and the only Way to the One God the Father.
Read more: http://blog.beliefnet.com/watchwomanonthewall/?p=4928