Obama Math

Obama administration encouraged by steady unemployment rate

Steady has become the new success as the national unemployment rate remained constant in what the Obama administration on Friday called an encouraging sign of economic improvement.

The unemployment rate held at 9.7% in February, but employers shed a net of 36,000 jobs, according to the Labor Department. The loss was less than what had been expected.

Hmmmm… Someone explain to me how loosing 36,000 more jobs equals steady unemployment.

Must be more of that new Obama Math.

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One Response to Obama Math

  1. Tango says:

    Steady decline. Since the number of unemployed is different, they have to be talking about the rate of decline.

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