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Message Subject The U.S. unemployment rate fell to 7.8?! True or False?!
Poster Handle Anonymous Coward
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The poll at the top of the thread is weird.

Did we add 114,000 jobs? Probably so. That is a LOW number. We need about 200,000 at least per month to stay even. So 114,000 new jobs translates to higher unemployment.

So why did the count of unemployed go down? I think it's as simple as people exhausting their unemployment benefits and no longer being counted as unemployed. In fact, didn't we read a month or two ago that Obama was going to kick people off unemployment soon? I guess it's happening now and making his percentage unemployment look better.
 
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