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January 10, 2014

CNN on Miserable Employment Numbers: 'People Simply Gave Up' (Video)

Topics: Political News and commentaries

CNN weighed-in on the miserable employment numbers and the ONLY reason that the jobless rate dropped:

Moments after the Bureau of Labor Statistics announced that only 74,000 jobs had been created in December with the unemployment rate declining due to almost 500,000 people leaving the job market, Christine Romans on CNN's New Day called the report "a big miss," "a real shocker," "a big disappointment," and concluded that the jobless rate "fell in part because people simply gave up"

Related: Obanomics Update: Devastating Jobs Report As Labor Participation Rate Plunges To 1978 Levels

Hat tip - CNS News

Posted by Richard at January 10, 2014 2:02 PM

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