Based upon its most recent Household Survey, the Bureau of Labor Statistics has reported that the unemployment rate in the United States decreased from 8.1% to 7.8% in September. This apparent improvement in our labor markets is deceptive for the following reasons:
|More jobless people|
In conclusion, in the third year of an alleged recovery, the unemployment problem in the United States did not really change in September. This is not good news for the United States or the continued employment prospects of President Obama.