Invisible Jobs and Shadow Unemployment

Following the Obama Administration’s proclamation that jobs are being created is like being a Ghost Buster – we are chasing invisible jobs! If there are 640,000 new jobs created under the stimulus package, as the Obama Administration contends, then they must be in the witness protection program. The latest labor figures from The Wall Street Journal suggest that if we factor in December’s loss of 85,000 jobs, then between December 2007 (when the recession began) and December... Read More