Unemployment down to 6.7 from 7.0 - December

Happy days are here again...

The unemployment rate declined from 7.0 percent to 6.7 percent in
December, while total nonfarm payroll employment edged up (+74,000),
the U.S. Bureau of Labor Statistics reported today. Employment rose
in retail trade and wholesale trade but was down in information.

http://www.bls.gov/news.release/empsit.nr0.htm

It looks like America is going back to work.

Sarcasm I hope. Even the MSM admits it's due to people dropping out of the workforce.

Since the percentage of actual employed is now at 1977 levels, we really need a better way of measuring employment. Drops .3% while only adding 74k jobs?

Reminds me of how my TDI Jetta got 70 mpg the other day (of course the computer didn't take into account I was going from Loveland to Lakewood all downhill).

Obama's plan is working, just slower than expected.

FredHayek wrote: Obama's plan is working, just slower than expected.

:rofllol Of course it is. He just has to say it long enough and it will happen.