Every month the charade continues. Governments in North America announce the latest labour market statistics, hoping to pull the wool over the population’s eyes, making them believe that things are a lot better than they really are.
It’s relatively easy to do: just don’t count those who are so discouraged that they have given up looking for a job. In reality, these people still exist; they just don’t show up in the unemployment figures. As a result, people are spoon fed a distorted picture of reality that they seem more than happy to accept, unless, of course, (Read more…)