Tag Archives: unemployment

Fantasy Jobs?

Posted on May 1, 2009

At President Obama’s April 29 news conference, he claimed that the American Recovery and Reinvestment Act has "already saved or created over 150,000 jobs." Wait a minute. Isn’t the number of jobs actually plummeting? According to the Bureau of Labor Statistics, the economy lost more than 1.3 million jobs in …
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The Democratic Congress Did All That?

Posted on May 8, 2008

Q: Did electing a Democratic Congress in 2006 really lead to increased unemployment, higher gas prices and more home foreclosures? A: No, and most of the figures in a widely-circulated e-mail are made up. In fact, the entire premise of the e-mail is a logical fallacy.

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Jobless Rate and Unemployment Benefits

Posted on February 1, 2008

Q: Does the official jobless rate fail to count people who have no unemployment benefits? A: They are counted, too. The rate is based on a huge survey and counts those who are out of work whether they get benefits or not.

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