NC unemployment rate 9.8 percent or higher, Labor force dropped 1 percent in 4 months, Since Democrats took congress in 2007 labor force dropped 3.7 percent, Employment to population rate dropped 6.1 percent

NC unemployment rate 9.8 percent or higher, Labor force dropped 1 percent in 4 months, Since Democrats took congress in 2007 labor force dropped 3.7 percent, Employment to population rate dropped 6.1 percent

“If I had my choice I would kill every reporter in the world but I am sure we would be getting reports from hell before breakfast.”… William Tecumseh Sherman

“The function of the press is very high. It is almost Holy.
It ought to serve as a forum for the people, through which
the people may know freely what is going on. To misstate or
suppress the news is a breach of trust.”…. Louis D. Brandeis

“North Carolina’s unemployment rate fell for the fourth consecutive month in May to 8.8 percent, but the slight drop was largely due to a shrinking labor force rather than the creation of new jobs, economists said.”…Raleigh News Observer June 21, 2013

 

We celebrated the birthday of George Orwell last week.

How fitting.

Even though the unemployment data was accurately reported at Citizen Wells this past week it is important to reveal how bad the employment situation is in NC.

The stated unemployment rate was announced as 8.8 percent.

The Raleigh News Observer reported in the first paragraph.

“North Carolina’s unemployment rate fell for the fourth consecutive month in May to 8.8 percent, but the slight drop was largely due to a shrinking labor force rather than the creation of new jobs, economists said.”

http://www.newsobserver.com/2013/06/21/2979886/nc-jobless-rate-falls-slightly.html

The Raleigh News Observer was the only major Newspaper in NC that I found reported the truth.

The labor force participation rate in NC fell .1 percent in May. That fully accounted for the .1 percent drop in the unemployment rate.

It gets worse.

The NC Labor Force Participation Rate dropped 1 percent from January to May 2013.

It gets worse.

The NC Labor Force Participation Rate dropped 3.7 percent since the Democrats took control of both US houses of congress in 2007.

It gets worse.

The NC Employment to population rate dropped 6.1 percent since the Democrats took control of both US houses of congress in 2007.

“Due to the federal sequester legislation, the Mass Layoff Statistics program, funded by the US Department of Labor, has been eliminated. In addition, North Carolina’s Department of Commerce will no longer support the collection and publication of Announced Business Closings and Layoffs effective May 1, 2013. For questions please contact the Labor and Economic Analysis Division at 919-707-1500.”

How convenient!

http://esesc23.esc.state.nc.us/d4/AnnounceSelection.aspx

 






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