A Bronx cheer for the unemployment rate drop
NY Post, Page Six • Feb 9, 2010According to the official Labor Department numbers, the jobless rate in the US dipped impressively from 10.0 percent in December to 9.7 percent in January. Since I have kids who need jobs, there is nobody in this country who'd be more happy to leave it just like that -- the recession is over, employment is on the way up. Most analysts think the jobless rate fell because people are leaving the labor force. And if you aren't looking for a job, you aren't unemployed -- at least that's the way the Labor Department sees it. The top of the A-1… Full Story »
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