Payroll employment rises 115,000 in April; unemployment rate changes little (8.1%)

[jtuck004]

22. Woohoo - Fewer people want jobs that don't exist - we're on a roll

Right there in Table A-http://www.bls.gov/news.release/jolts.nr0.htm

3.5 million jobs for 18 1/2 million people, a goodly number of which people can't qualify for, or can't sell their homes to move to. 'Course, there's 6 million in some stage of foreclosure, so perhaps they will be free to look those up one of these days.

Even if you take out the seniors, a third of whom are destitute without Social Security, and the kids who might be in school, we still have over 50 million who just said fuck it.

The slope on that line looks like an inverted ski slope since 2009.