Greensboro News Record regurgitates AP April jobs lies, Labor Dept. lies, Lie defined as giving false impression, 167k fewer white Americans employed in April, Almost 900k dropped from labor force since Jan, Part time jobs soar by 437k full time jobs tumble, Unemployment rate is big lie
“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton
“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”
The Greensboro News Record is owned by Warren Buffet’s Berkshire Hathaway.
For that reason alone I am suspect of anything in print there.
Of course lies, statements and words that give false impressions are nothing new in the mainstream media.
The media, in lockstep with the Obama administration, continue to lie to us.
The Greensboro News Record on Saturday, May 9, 2015 regurgitated another AP jobs report that lies, i.e, gives a big false impression.
From the Greensboro News Record May 9, 2015.
“The U.S. stock market had its best day in two months Friday following good news about the job market.
The surge was enough to push two of the three major U.S indexes to gains for the week.
Investors were encouraged that U.S. employers added 223,000 jobs in April, a solid gain suggesting that the economy may be recovering after a stumbling start to the year.
While the jobs report is always closely watched, April’s survey garnered even more interest than usual after a poor March, which had revised figures showing only 85,000 jobs were added to payrolls.
“I am even more convinced that the March report was an outlier,” Paul Christopher, an investment strategist with Wells Fargo Advisors. “We all know the first quarter was a tough quarter. The jobs numbers needed to hold up and they did.””
(When I find a link to this I will supply it)
The News Record could have reported the following from the US Labor Dept website.
There were 167,000 fewer white Americans employed in April.
There were 316,000 fewer white Americans employed since January.
There were 875,000 more white Americans not in the labor force since January.
The labor force participation rate for white Americans dropped .4 percent since January.
It has dropped 3.3 percent under Obama.
There are over 2.3 million fewer white Americans in the labor force than when Obama took office in January 2009.
Zero Hedge found and reported the following.
“For all the talk about a jobs recovery and about a US economy that has put the great financial crisis and recession of 2007/8 in the rear view mirror, don’t tell it to those workers who desire a full-time job and instead are forced to settle with measly part-time offerings (mostly courtesy of Obamacare). Because as the chart below shows, as of April 2015, the number of full-time jobs remained well below the pre-recession peak, which incidentally was hit on December 2007, the month the last recession officially started.
We bring this up because in April, while the establishment survey reported a number that was just below the consensus estimate (even if it revised the March number lower by 50%), the household survey painted a far less optimistic picture, with the number of part-time jobs surging by nearly half a million, the worst print since last June, while the number of full-time jobs tumbled by 252K, also the biggest drop in nearly a year.”
Why didn’t the News Record report that?
They do want for you to know the truth, right???
More lies from the government.
“OPA News Release
Five things you should know about the April employment numbers
WASHINGTON — With the release of the April 2015 Employment Situation Report today, U.S. Secretary of Labor Thomas E. Perez says there are five things you should know about the numbers:
- With 223,000 jobs added in April, private-sector employment has grown for 62 consecutive months — the longest streak on record — to the tune of 12.3 million jobs over that time.
- The national unemployment rate fell to 5.4 percent in April, the lowest it’s been since May 2008.
- The unemployment rate a year ago, in April 2014, was 6.2 percent. Since that time, the labor force participation rate has held steady, which means the decline in the unemployment rate has been due to people getting jobs.
- Job growth last month was particularly strong in three sectors: construction, professional and business services, and education and health services. These are sectors that have historically provided good-paying middle-class jobs.”
They must be referring to immigrants.