And you'll NEVER see Lizzie make this comparison either.
Brother, Can Ya’ Spare a Dime?
PoliPundit.com
Here’s a statistical comparison that you will not – repeat: not – see anywhere in the liberal media:
May 10, 1997
The prior month’s initial jobless claims = 1,312,000.
Employed workforce = 129.464 million.
New jobless claims as a share of the employed workforce = 1.01 percent.
On the other hand, there’s this:
May 7, 2005
The prior month’s initial jobless claims = 1,296,000.
Employed workforce = 141.099 million (as of April 2005).
New jobless claims as a share of the employed workforce = 0.92 percent.
Yeah, that’s right, there are 11.635 million more jobs, right now, when compared to May 1997.
But fewer people are being laid off from their jobs, currently, when compared to the number of people who were being laid off back then.
Back then, of course, the media screamed at us that we were in the midst of the “greatest economic expansion of all time.”
So, ergo, the next stop for us, at this juncture, is crystal clear:
Hooverville.
Note: Workforce data here.
-- Jayson
polipundit.com
workforcesecurity.doleta.gov
workforcesecurity.doleta.gov
data.bls.gov |