“Job creation broke out in February, with the economy creating a net 236,000 new jobs as the unemployment rate fell to 7.7 percent,” gushes CNBC like a young teen swooning over a celebrity. I know people working 2 part-time jobs right now. While that seems like good news CNBC didn’t report this angle:
So it looks like the US is getting jobs but even more people are dropping out of the labor force. I would guess that when the history of this is written in a 100 years we will find a lot of fraud in the reported numbers. The history of governments is the history of lies.