How Can You Detect A LIAR?... Just Listen To What Is Said

Try as I might NOT to become ENRAGED in the presence of LIARS I just can not hold myself any longer. I have all my life seemed to be in the company of such people who for the life of me I can not figure out WHY they seem to think that trying to IMPRESS me with UNTRUTHS is the order of the day or even a REQUIREMENT in order to be in my company...Guess what?...IT IS NOT. TELL THE TRUTH , it is so much better... even refreshing.

Reading this latest employment or should I say UNEMPLOYMENT article by Reuters caused the coffee in my cup to boil over just by the heat of my anger. The unemployment rate in america by many financial analysts calculations is WAY over 30 percent...that's even higher than during the depression!!! In another article I posted I brought to everyone's attention the MASSIVE AMOUNT OF BUSINESS CLOSURES IN AMERICA...in particular the large chain stores like Sears, KMART, BestBuy, JCPenny and many former stores like CircuitCity, CompUSA etc are or will soon be no more. These stores did not fail because of their own fault, but instead due to a public's declining spending, which was/is due to their lack of DISPOSABLE INCOME AND LOSS OF JOBS.

The amount of people rendered UNEMPLOYED over the past 10 years has been in the TENS OF MILLIONS and because of the LIARS who delete those persons who have used up their benefits, they are no longer counted, so a ARTIFICIAL UE number is reported. As you read this article the headline of IMPROVING LABOR MARKET is a blatant LIE as the job market IS NOT IMPROVING, but instead becoming MUCH WORST. As a matter of fact a simple bit of math will alert you that at least 1.2 MILLION people per month are losing their jobs. Every week at least 350,000 people file for unemployment, yet the government will report that 100,000 jobs were created. OK, so 1.2 million minus 100,000 still leaves 1.1 MILLION are still unemployed!!! Also note that when the UE numbers increase it is never said that the labor market is FAILING...as a matter of fact NOTHING IS SAID AT ALL...

I guess the OUT OF SIGHT OUT OF MIND policy holds true here.

Jobless claims hint at improving labor market

Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 344,000, the Labor Department said on Thursday. The prior week's claims figure was revised to show 4,000 more applications received than previously reported.

Economists polled by Reuters had expected first-time applications to fall to 360,000.

Claims have seen large swings in recent months because of difficulties smoothing the data for seasonal fluctuations, making it hard to get a clear pulse of the labor market's health.

But economists say not all the improvement in claims can be attributed to seasonal factors, suggesting some pick-up in the labor market recovery.

Last week's decline left claims at the lower end of the their range for this year. The four-week moving average for new claims, a better measure of labor market trends, fell 6,750 to 355,000.

A Labor Department analyst said no states were estimated.

Job gains have averaged 177,000 per month over the past six months. At least 250,000 jobs per month over a sustained period are needed to significantly reduce the ranks of unemployed, economists say.

The unemployment rate rose 0.1 percentage point to 7.9 percent in January. Federal Reserve Chairman Ben Bernanke said on Wednesday the jobless rate was unlikely to reach more normal levels for several years.

High unemployment prompted the U.S. central bank last year to launch an open-ended bond buying program that it said it would keep up until it saw a substantial improvement in the outlook for the labor market.

The number of people still receiving benefits under regular state programs after an initial week of aid fell 91,000 to 3.07 million in the week ended February 16, the lowest level since June 2008. The household survey from which the unemployment rate is derived was also conducted during the week ended Feb 16.

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