A Snow Job on Low Jobs Creation Data
The latest economic news out of Washington caused some head-scratching: The unemployment rate has dropped to 9% but only 36,000 jobs were created last month. Think about it. The government expected 145,000 new jobs to be created and the actual number fell way short. And yet the number of people considered unemployed was reduced.
Where did all those out of work people go, since it clearly wasn't to newly created jobs?
