Unemployment Rate "Drops" to 6.2 Percent: "The nation's unemployment rate declined to 6.2 percent in July and nearly half a million discouraged Americans stopped looking for a job."

These unemployment figures are so bogus. When they say the unemployment rate has dropped, they mean SHORT term unemployment dropped. The LONG term unemployed increased, by 500,000! So the government can claim it is reducing unemployment just by cutting off unemployment benefits. See! The GOP is brilliant, they can cut spending and unemployment in one easy strike. Inhuman too, isn't it?


- posted by geoff @ #