- Feb 12, 2007
- 59,439
- 24,106
- 2,290
The incredible shrinking workforce of Obamanomics continues. The BLS reports that total Employed shrank by 159,000 in July, while those not in the labor force increased by 381,000.
Employment Situation Summary Table A. Household data, seasonally adjusted
Due to the increase in discouraged workers who have given up looking, unemployment remained at 9.5% - a level which Tim Geithner recently predicted would increase over the next few months as a "sign of recovery".
The Spin is getting very desperate. No wonder Romer quit yesterday.
Obanomics = Epic Fail
Employment Situation Summary Table A. Household data, seasonally adjusted
Due to the increase in discouraged workers who have given up looking, unemployment remained at 9.5% - a level which Tim Geithner recently predicted would increase over the next few months as a "sign of recovery".
The Spin is getting very desperate. No wonder Romer quit yesterday.
Obanomics = Epic Fail