Real Unemployment More Like – 18%

252K “new jobs” added “this month”¬†( primarily bus boys, servers and part-time workers ) ¬†with 294K new additions to the unemployment lines “this week”.

I marvel at the math…and the American vision that “things are improving”.

252k new jobs added this month…..with aprox 1.2 million “new additions” to the unemployment roll. Please…..help me understand how this can possibly be seen as anything other than “horrific”.

Seriously….someone with some “shred of sanity” I implore you….explain this to us.

252k “new” jobs paying close to ( if not under ) minimum wage, while 1.2 million people jump on the “unemployment benefits wagon” this month alone.

Now that’s what I call economic growth.

That’s what I call “recovery”.

Gag.Puke.Choke. Sputter.Split.

Let’s see how things look near days end as USD and the “currency world in general” just isn’t buying it.

Holding steady….and waiting for the “swing high” in USD.

2 Responses

  1. Bob Loukas (@BobLoukas) January 9, 2015 / 8:41 am

    Kong, the monthly 252k number is a NET number, it the difference between All added vs ALL fired/left.

    • Pot Stock Watch January 9, 2015 / 9:03 am

      Well there it is.

      Thanks Bob – it’s completely and total horseshit one way or another.

      Again…..I’m stunned by the math, or perhaps moreso by the people that actually believe it.

      I hope all is well with you.

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