Quote:
Originally Posted by Vendzilla
Unemployment went UP to 9.9%, how does that mean GROWTH?
I guess that makes you the idiot?
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Just because you dont understand the points that would make it clear to you, doesnt make me the idiot.
Unemployment numbers sometimes go UP when there are more new jobs for a simple reason. People who've been unemployed so long that they stopped drawing unenjoyment checks now are looking for newly formed jobs and are back on the books to be counted again. Ta da. Rising unemployment numbers after over a year of SOLID uninterrupted job growth.
It's also why you personally should NOT be kidding yourself by using unemployment numbers alone trying to gauge the economy. Go find a chart on jobs losses under Bush and job growth under Obama.