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On Jul 4, 3:16*pm, Vic Smith wrote:
On Sat, 4 Jul 2009 11:10:27 -0700 (PDT), Frogwatch wrote: Hmm, so the job losses in June were 479,000 jobs and they say this was a .1% increase. *Do any Libs understand arithematic? *This means the number of workers would have been 479,000,000. *Uh, NO. *This far more than the number of people in the USA. *The total number of workers is less than 200,000,000 so a loss of 479,000 would be nearly 2.5%putting us at nearly 10% unemployment. *I have not checked their figures for preceding months but if they lied then too, we can assume the real unemployment is well over 10% Its a case of "Liars, damned liars and Democrats". They all lie about unemployment stats. Bad news on that front nearly always drops the DJIA. Can't have that. --Vic Harry is right, I meant .25%, not 2.5%. The sun has fried my brain. However, .25% is still 2.5X the figure of .1% they gave us. |
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