Even after six long, and very painful, years the
lies told by this administration continue pretty much unabated. And those involved have demonstrated time and
again that there is absolutely nothing that they will not lie about. One of the favorite topics of their
continuing falsehoods is how our economy is supposedly gaining strength every
single day and how millions upon millions of new jobs have been created. And who do we have to thank for that? None other than Barry “Almighty”.
The reality of our situation is that over the course
of Barry’s presidency, while 3 Million jobs have been created, less than 1
Million of them were actually fulltime jobs.
Also over that same span of time, 13 Million jobs have been lost. And this administration continues to use numbers
that we all know are completely bogus, as was recently pointed out by Gallup, and
for the sole purpose of painting our employment and economic situation as being
much rosier than it actually is.
According to most recent numbers from the Bureau of
Labor Statistics (BLS), again if we choose to believe them, the labor force
participation rate is said to have increased from 62.7 percent to 62.9 percent
in January as we’re told that the number of people not in the labor force is also
said to have declined from 92,898,000 in December to 92,544,000 in January. And yet despite what these numbers tell us, the
unemployment rate actually ticked up from 5.6 percent to 5.7 percent.
In December, again according to BLS, the nation’s
civilian noninstitutional population was 249,027,000. In January, it climbed to 249,723,000, which
was an increase of 696,000. And it was among
that civilian noninstutional population of 249,723,000 that 157,180,000 were
said to have participated in the labor force by either holding a job or by actively
seeking one. That was an increase of 1,051,000 from the 156,129,000 who
participated in the labor force in December.
That 157,180,000 participating in the labor force in
January equaled 62.9 percent of the 249,723,000 civilian noninstitutional
population, thus the labor force participation rate was said to be 62.9
percent. The BLS has tracked the labor
force participation rate since 1948. Since that time, it hit its historical peak back
in January through April 2000, when it was 67.3 percent. The 62.9 percent
participation rate in January was 4.4 percentage points below that peak.
Meanwhile we also had a staggering 92,544,000 who did
not participate in the labor force. These Americans did not have a job and had
not actively sought one for four weeks so remain simply ignored. This group was down 354,000 from the
92,898,000 who were not in the labor force in December. Of the 157,180,000 who did participate in the
labor force in January, 148,201,000 had a job and 8,979,000 did not have a job
but were actively seeking one, making them the nation’s unemployed.
Those 8,979,000 job seekers were 5.7 percent of the
157,180,000 actively participating in the labor force during the month. We’re told that the number of unemployed and
employed both increased in the month of January. Apparently, the number of unemployed went from
8,688,000 in December to 8,979,000 in January, an increase of 291,000. We’re also told that the number of employed
people climbed from 147,442,000 in December to 148,201,000 in January, or an
increase of 759,000.
So once again what we have here is just more of the
same. A continuation of the very same,
and very sad, trend that we have seen from this pathetic gang practically from
day one. If Barry is to have any sort of
legacy it will one of how it was that his administration, the one that he
himself claimed would be the most transparent administration in history, will
have turned out to be one of the most corrupt, most secretive and most
destructive that we have ever had the misfortune to bring upon ourselves.
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