September 02, 2005

Unemployment Drops...Again!

Looky here, if you scroll down far enough on you can actually find this story: U.S. Payrolls Expand, Jobless Rate Falls.

It seems the unemployment rate is now down to 4.9%, with 169,000 jobs added in August. What, no "the increase in jobs exceeded analysts expectations" commentary? If it fell short of expectations, you can bet your bottom dollar that would be part of the headline.

But wait. The article sets the tone for next month, when the job growth numbers will undoubtably slow because of Katrina. And you just know the MSM will be ALL.OVER.THAT. And guess whose gonna get the blame? Hmm. Let me think...

Posted by: Gary at 09:37 AM | No Comments | Add Comment
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