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 - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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