Unemployment Rate Down to 7.6 Percent on Anemic Job Growth
Rate dropping as people drop out of labor pool
Rate dropping as people drop out of labor pool
Probably also get better benefits
This after being told 75 percent income taxes on high wages were unfair
Continuing Resolution gives them $10 billion in additional funds
U.S. unemployment rate at 7.7 percent, the lowest level since December 2008
News comes shortly before what is expected to be an encouraging U.S. jobs report
"Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff"
But businesses stagnant on both hiring and firing
Union job protection efforts a barrier
Baristas bearing Bachelor's degrees
Huge gap in number between older workers and younger
According to report from Bureau of Labor Statistics
Expect a new union-friendly argument: Gun manufacturing creates jobs
People shouldn't have to manage their own problems!
At that rate, we'll be back to five percent unemployment in seven years
That's well above economists' predictions
Keep an eye on what happens to their unemployment numbers next year
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