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Jobs news is misleading...

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opednews.com

"Irrational exuberance" is alive and well among market analysts on Wall Street. Actually, what they want is your money, not an accurate portrayal of economic health.

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RE: US Jobs Outlook Brightens

This is somewhat misleading for several reasons. First, although it is true that 110 thousand new jobs were created, the overall unemployment rate is actually up to 4.7 percent as compared to 4.6 percent in August. Second, looking beyond these statistics, what kind of jobs are these? I think, if you look harder, you will find these are low paying jobs without benefits.

Hardly, good news....

 

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Constance Lavender is an HIV-Positive pseudonymous freelance e-journalist from a little isle off the coast of Jersey; New Jersey, that is...

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