Friday, October 5, 2012

Mitt explains his "Real" Reality.

Mitt Romney has responded to the BLS September Jobs report showing that the unemployment rate has dropped, by saying that the "real reality" is that, "more and more people have just stopped looking for work."

In fact, the BLS report shows that the labor participation rate increased.  In fact, there was an 800,000+ gain in number of people working (part time / full time).

In fact the jobs report was so good, conservatives are now angry, suggesting that this is all a government conspiracy.

But as I said before, anyone looking at the ADP reports would have known what to expect, and after revisions for the past two months, the two (BLS and ADP reports) have moved closer to each other. 

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