Unemployment Rate and Political Insanity
ecthompsonmd
October 6, 2012
With all of the overheated rhetoric, one would think that something truly sinister has happened. The Bureau of Labor Statistics announced that employment rose by 114,000 jobs in the month of September. The unemployment rate fell to 7.8%. Before I get into the world of political craziness, let’s just look at these numbers for second. For the last several years, the unemployment rate has been slowly but steadily decreasing. Last month, the unemployment rate was 8.1%. In May, the unemployment rate was 8.2%. In January, the unemployment rate was 8.3%. We’ve seen a slow but steady decline in the unemployment
