In April, the U.S. economy added a mere 115,000 jobs, according to Bureau of Labor Statistics data released Friday. In a normal month, that would not even be enough to keep up with new entrants into the labor market. But in this economy, it was enough to drive unemployment from 8.2 percent down to 8.1 percent, the lowest point since January 2009.Can they keep playing this game all the way to the election? Seems like it's getting too obvious too early. At some point, people are going to notice this lying with statistics and get angry.
May 5, 2012
"If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment rate would be 11.1 percent."
"If the percentage was where it was when George W. Bush took office, the unemployment rate would be 13.1 percent."