May 6, 2012
LABOR FORCE DISAPPEARS IN OBAMA’S DEPRESSION: “The big news in Friday’s employment report was not the miserable 115,000 jobs the economy added in April, but the disappearance of 340,000 workers from the labor force. We haven’t seen unemployment on this scale since the Great Depression,” David P. Goldman writes, adding, “If you’re not scared, you haven’t read the numbers.”
No wonder the president might be feeling a bit lonely these days.
RELATED: From Jim Pethokoukis of the American Enterprise Institute: “The awful April jobs report: Is the ‘real’ unemployment rate 11.1%?”