Silent Brouhaha

Lies on Unemployment

Looks like Bush is probably giving himself a pat on the back this morning.  The jobs report states 144,000 jobs were created in August, and the unemployment rate dropped to 5.4%.

Here's where I have a problem.  We had 3 months of triple digit job gains and the percentage stuck at 5.6% the entire time.  One bad month in July of 32,000 jobs but it dropped to 5.5%.  Ok so it was just on the edge of a percentage and it was enough to push it down .1% fine.  However I just don't see how another 144,000 jobs would make it drop another .1%.  The math does not support it so either the 144,000 number is too low or someone is lying about the report.

posted by Corey @ 5:43 AM