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October 7, 2011 / 74

US Employment Numbers Are Out…

Sooo… the US “gained” 103K jobs in September (“unadjusted” – this number will no doubt be “adjusted” soon…) Whoopie! That means our economy only LOST another 47,000 jobs in September since the US ADDS approximately 150,000 – 175,000 NEW WORKERS every month. But then they don’t really count since they haven’t been employed they can’t file for unemployment, and unless they REGISTER with a job search agency like the US Unemployment Office they won’t be counted as unemployed.

So altogether this is NOT a good number. The US economy continues to fall down the rabbit hole towards an appointment with the Queen of Hearts – OFF WITH THEIR HEADS!!! (Economically speaking, that is.)

 

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