According to the Bureau of Labor Statistics own numbers (non seasonally adjusted), 2,300,000 jobs were lost in the last month. The official 243,000 increase is a "seasonally adjusted" funny number that will be quietly adjusted down (though not to the real figure) in a week or so.
The official unemployment rate if based upon a survey rather than the BLS numbers. Nearly all of the decrease in the official unemployment rate in the last several months is due to a shrinking workforce, i.e., people giving up and droping out of the work force.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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