| among the few sectors of the economy showing net employment growth over the past year is the federal government. The federal civil service is rapidly expanding as Obama increases the size of government, with 33,000 new positions being added in January alone. Only 9,000 of those new slots were for temporary census jobs. In other words, what we are seeing is good times for the public sector and the growing prospect of a continuing and perhaps even deepening recession for everybody else. |
| the drop to 9.7 percent unemployment does not reflect the creation of new jobs that normally accompanies an economic recovery. The number of new jobs is actually declining.Read more at www.washingtonexaminer.com |
The administration’s claims come in the face of continued heavy job losses — 2.7 million since President Obama signed the stimulus into law. Unemployment has climbed to 9.8%, a 26-year high. That’s well above what his economists predicted would happen if the stimulus bill wasn’t enacted. Read more at www.investors.com |
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