The Administration was boasting about the unemployment rate. I am by no means an economist or politician, but I wouldn't boast about this math. Here is the math, just over 160,000 found employment, that is great news, but here is the problem 250,000 stopped looking for jobs. Someone explain how this is good for our economy.
Here is what’s freighting and a truly bad trend. There are more people employed doing part time work than ever before. Employers are now hiring more part time employees so they will not have to pay for their health insurance because of the Obamacare laws that will affect employers in 2014 and others in 2015. Someone please help me out, how is this good for our economy.
Ben Bernanke says they will know the economy is back to normal once the unemployment rate goes below 6.5%, I guess if enough Americans leave the work force the goal will be accomplished. Unfortunately, the policies of this administration have been a total disaster when it comes to our economy. I can’t wait to hear new rationale why having $4 per gallon for gas is good for our economy.
