{"id":5181,"date":"2010-05-07T16:15:33","date_gmt":"2010-05-07T20:15:33","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=5181"},"modified":"2010-05-07T16:15:33","modified_gmt":"2010-05-07T20:15:33","slug":"unemployment-up-in-april-obama-cheers-job-numbers","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/5181\/unemployment-up-in-april-obama-cheers-job-numbers\/","title":{"rendered":"Unemployment Up in April: Obama Cheers Job Numbers"},"content":{"rendered":"<p>Only in Washington, D.C. does the title of this post make any sense.\u00a0 When gauging the <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703338004575229932760855258.html?mod=WSJ_business_EconomyNewsBucket\">state of jobs<\/a> in our country, most look to the figure produced by the Bureau of Labor Statistics referred to as \u201cunemployment.\u201d\u00a0 That number rose last month from 9.7 to 9.9 percent.\u00a0 Yet the economy added 290,000 non-farm jobs to payrolls.<\/p>\n<p>Obama is upbeat about the numbers as 290,000 people who were not working last month are today.\u00a0 The silver lining of the unemployment figure is the assumption that some people who gave up on job searching are back at it and thus are counted in the unemployment number again.<\/p>\n<p>But there are plenty of reasons to be skeptical about any assertions the jobs market is rebounding.\u00a0 Since Obama came into office, Washington has exploded with public sector jobs.\u00a0 The most illusory job creator is the Census Bureau, which balloons every ten years with temporary positions to complete the national survey.\u00a0 Of the jobs created last month, the Census created 66,000, building up to the expected <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aEws7wrt8FY0&amp;pos=6\">1.2 million temporary jobs<\/a> at the Bureau, which will not exist next year.<\/p>\n<p>Furthermore, the underemployment rate, which also includes the unemployed who have quit job searching or have taken part-time work because they can\u2019t find a full-time position, continues to climb.\u00a0\u00a0 Underemployment has risen from 16.5 percent to 17.1 percent since the beginning of the year.<\/p>\n<p>And Obama has the gall to keep telling us the stimulus, the <em>emergency<\/em> $787 billion porker that if passed would prevent unemployment from rising above 8 percent, is working.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Only in Washington, D.C. does the title of this post make any sense.\u00a0 When gauging the state of jobs in our country, most look to the figure produced by the Bureau of Labor Statistics referred to as \u201cunemployment.\u201d\u00a0 That number rose last month from 9.7 to 9.9 percent.\u00a0 Yet the economy added 290,000 non-farm jobs [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[259,24,179,1245,18],"class_list":["post-5181","post","type-post","status-publish","format-standard","hentry","category-posts","tag-census","tag-obama","tag-stimulus","tag-underemployment","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/5181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=5181"}],"version-history":[{"count":5,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/5181\/revisions"}],"predecessor-version":[{"id":5189,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/5181\/revisions\/5189"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=5181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=5181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=5181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}