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7/9/09

CNN Lie: "Report Has Good News About Jobs"

"...the number of people requesting continued jobless benefits rose to a record high, indicating that the labor market remains weak... That’s an increase of 159,000 from the previous week’s revised total of 6,724,000 and was the highest reading since the Labor Department began keeping records in 1967."

So what's the good news?

"The number of Americans filing initial unemployment claims fell sharply last week... Analysts said last week’s drop was distorted by a change in the pattern of seasonal layoffs in the automotive industry."

Automobile factories closed earlier this year because of the bad economy so some people were jobless earlier than usual.

I'm all about finding the sunny side to any situation but this really isn't good news.

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