The unemployment rate decreased to 4.8 percent, below the averages for the past three decades…
The Labor Department’s report, released Friday, also showed that the nation’s unemployment rate dipped to 4.8 percent as hundreds of thousands of people — perhaps discouraged by their prospects — left the civilian labor force.
makes sure you take out Clinton’s years.
“left the civilian labor force.” Translated: Gave up looking for work, so they are no longer counted in the
“unemployed” numbers.
I also heard on NPR tonight that the administration had revised the data on the economy it released last month.
Anyone think the originally released figures were rosier than the revisions? Of course !