Employment

The monthly employment statistics came out this week and there was some startling news. They said that the number of jobs created was 120,000 which is not enough to lower the unemployment rate but then the rate declined from 8.3% to 8.2%. The reason given was that for many people their unemployment benefits ran out and they decided to drop out of the labor force. That is where the report ends. Now I ask you what will these people do for food. If they can just quit working why didn’t they do that a long time ago? They could say they prefer to sleep in or they would rather go fishing so they decided to drop out of the work force. I think it is amazing that no one bothers to ask how they do it.