And oh, what numbers they are: 522,000 – the number of people who dropped out completely from the work force just in APRIL.
115,000 – the number of jobs created in the USA in April
8.1% - the resulting Unemployment number, which is misleading as hell because of the above.
Add to that a little trick that I just heard about recently. Every Thursday, they come out with the Unemployment Numbers. But what you might not know, is that they revise those numbers regularly, and they have been revising them UP for a number of weeks. But you don’t hear much about those revised numbers.
Here are some new numbers for you: February, 240,000 revised to 259,000; and March, 120,000 reported revised up to 154,000. I imagine it will take longer to get the real numbers for April. But you get the general idea.
This all seems like a whole bunch of smoke and mirrors from the Bureau of Labor Statistics to me. And it seems like playing with the numbers for political reasons.
Another number: 14.5% – number of Unemployed or Underemployed, according to the BLS. So, I assume it is more, right? Given their propensity for changing the numbers?
But I could just be cynical. Ahem.
You know what’s going to happen, right? Obama is going to be touting how much the Unemployment Numbers have gone DOWN, claiming victory!! Never mind WHY they numbers went down, that as Stuart Varney said, the number of people who dropped out in April alone is the entire population of ALBUQUERQUE. Just think about that. An entire city’s worth of workers dropped out of the workforce. That is unbelievably disconcerting:
Yikes. Clearly, we are not moving in the right direction, no matter how Obama and Co. want to spend this disaster. My heart goes out to all of those who have dropped out. I cannot imagine how they are making it in these difficult times.
Well, for a totally different change of numbers, the odds are in for the fillies runningthe Kentucky Oaks today, at Churchill Downs. And the numbers are in for the boys running tomorrow in the Kentucky Derby. Exciting! You know I had to put something down on the horse, “Rousing Sermon,” even though he is a long shot. I mean really, how could I not? (Photo credit here.)
Anyway, hopefully watching these gorgeous horses run today and tomorrow will take away the sting of this terrible economy, just for a few minutes. Sadly, it seems these kinds of numbers will still be there next week. So, just for today and tomorrow, there is some major beauty to be seen coming your way from Kentucky. Let’s go, Rousing Sermon!