The federal Labor Department released it’s unemployment report today and... oh, forget it. Just forget it. I’m won’t even tell you because the jobs report is useless.
Economists know the monthly jobs report is bunk. The Obama Administration says we gained more jobs than expected, but the labor market is shot full of holes. Many job searchers have given up and dropped out; they’re not even counted by the feds. Too many people are working only part time, and people working are making crap wages.
I’m tired of the jobs shell game out of Washington. And Erie County, too – even County Executive Mark Poloncarz is in the fake numbers game. He says 12,000 jobs created here and it’s really far less. When politicians fail, you can count on fake job reports.