The unemployment rate is steady at 10% after a -85,000 jobs number. Of course, there was also another HUGE drop in the labor force which artificially makes the unemployment rate look better than it really is. This has been the real story for the last several months and will continue to be the untold story of 2010.
The Birth/Death model is also a total farce. I will discuss this more in a future post.
Tags: Economy, Government, Obama, Stimulus, Unemployment