October 5, 2012
GOOD NEWS! Unemployment Rate Plummets to 4.3%! Bad news: That’s the unemployment rate for government employees:
The best news anywhere in the U.S. economy over the past three months has been in the government sector, where unemployment has dropped dramatically from 5.7 percent in July to 5.1 percent in August to 4.3 percent in September, according to the Bureau of Labor Statistics.
Both the federal and state governments increased their employees in July, August and September.
Or to put it another way, “Take me down to the parasite city.”