Here’s a bunch of numbers that will make your eyes glaze over (unless you’re a statistician working in the basement of some government agency).
Before your eyes go completely shut, focus on the yellow highlighted portion of this table — where you will find the only honest, reliable and usable information in the whole pile —
Now you know — during the one-month period December 2011 to January 2012, the number of people actually [B]employed[/B] in the civilian workforce of this country [B]declined by 737,000[/B] (from 140,681,000 to 139,944,000).
The rest of that table contains statistical wizardry intended to make the results fit the Obama template. Ignore it. Especially, ignore the reported unemployment rate.
Let’s go back to the facts. — Facts, as Ronald Reagan said, are stubborn things.
Every rational person over the age of 12 knows that the population of the United States is increasing, relentlessly, day by day, month by month — and it increased in the one-month period December 2011 to January 2012, just as it has every month for over 200 years.
In fact, the U.S.Census Bureau says that currently the United States population is increasing by one person (net) every 15 seconds. Do the math, and you will calculate that from December to January the population of the United States [B]increased by 178,560 persons.[/B]
The population grew, but the number of people working declined. Therefore, the [U]em[/U]ployment rate declined. So, what actually happened to the [U]un[/U]employment rate?
From December 2011 to January 2012,
[U]total[/U] unemployment [U]and[/U] the unemployment [U]rate[/U]
in the United States [U]increased[/U].
Now, compare these simple, “stubborn” facts to the propaganda you were fed on NFP Friday.