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The latest employment numbers say otherwise.
Employer hiring fell for the second straight month, coming in well below the rosy projections of a President hoping for re-election later this year.
The Labor Department said Friday that American employers added only 115,000 workers to their payrolls in April. The Obama administration estimated 170,000 jobs were created during the month.
“When you factor in the growth in population and those reaching an age for employment the actual statistical growth in jobs is ‘nil,” economic analyst Franklin Hewitt told Capitol Hill Blue Friday.
The White House will probably point to a slight downward tick in the unemployment rate to a three-year low but Hewitt said that slightly lower number is attributable more to Americans abandoning their search for jobs.
“Claims of a recovery are a fantasy,” Hewitt says. “The economy continues to flat-line.”
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