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I Am Skeptical
You should be, too.
The tally of continuing claims, or benefits drawn by workers for more than one week, fell 148,000 to 6,687,000, the first weekly decline since the week ended Jan. 3 and largest since Nov. 24, 2001. (wsj.com)
That would be good news, but only if a) it’s true, and b) 148,000 more people found jobs than lost them last month.
Frankly, I think the government’s lying to us.
Obama had been claiming he would add 600,000 new jobs by the end of the summer. Conveniently, these numbers come out one week later. Hmmm.
I’ll wait to see if there’s an adjustment down the road. Obama is a statist, like Stalin and Mussolini. I simply don’t believe a word coming out of the White House.