November Unemployment Rate Falls to 10% from 10.2%

On the surface the decline in the unemployment rate is definitely good news, which I will gladly take. Saying that, let’s look at the data, or facts. Where did we add jobs? Jobs were added in the temporary help service by 58,000 (Christmas anyone! These jobs are part time and will be gone after Christmas, if not before.) and health care (21,000 jobs). However, those additions were offset in construction (jobs declined by 21,000), manufacturing (jobs declined by 41,000), and information.

Part time jobs will not propel the economy forward. That is the problem. We have seen no job creation in the construction and manufacturing sectors. By the way, since the start of the recession in December 2007, the number of unemployed has increased by almost eight million.

If you want to grow jobs, give tax credits to employers who create jobs. It really is that simple. There is an old principle called KISS (Keep IT Simple, Stupid). Since stupidity is rampant in Washington, D.C., you would think that our Representatives and Senators would be able to grasp the KISS principle. But no such luck!