U.S. Economy Improving. Adds 146,000 New Jobs. Unemployment Down to 7.7% - Lowest Since 2008

(From inside the BLS report)
There were roughly 144,039,000 people working (Jobs) in October
There were roughly 143,549,000 people working (Jobs) in November
There were roughly 590,000 less people working (Jobs) in November vs. October.

How f***'n hard is that to understand

Well, one way to jigger the number up would be to reduce the number of total people "in the workforce". As we see in the data at the link below, 350-thousand people decided in November that they were no longer part of the workforce which, pardon me, has a male bovine excrement odor to it. WFT happened to 350-thousand workers?

[link to www.bls.gov]


What's more, when you drill down further into the data here, you see that the total number of people working in America actually DROPPED 122,000 workers. True, the number of workers receiving unemployment dropped by 229,000 but remember, just because they run out of benefits doesn't mean they left the workforce.


To be sure, the CES Birth/Death Model which has been used to "estimate jobs into existence" showed a drop of 29-thousand for the month.

[link to www.bls.gov]

You drop 350,000 workers from the workforce number and blow off 229,000 from the unemployed roles for a total of 579,000 workers doing a vanishing act.

But it's hard to gloss over the total number of workers going to jobs in the workplace was down the 122,000....and that's the real deal when it comes to future sales that corporations have to look at.
[/quot

Pure rubbish.

It doesn't.

It's insulting how they no longer even bother to make up good lies to tell us or at least make them look plausible.