Why Friday's Employment Report Was Even More Disappointing

According to last Friday's employment report from Obama's Bureau of Labor Statistics (BLS),  the economy only added 119,000 new jobs to the workforce.  In the month prior, it added 120,000 new jobs.  So, in the last two month only 239,000 "new" jobs have been added.  But here's the thing, in a March report, the BLS reported that, as of February, the U.S. had approximately 3.5 million job openings.  Job openings that could all be theoretically filled today with the nation's  unemployed exceeding 12.5 million workers.

For months, Obama  has claimed that the reason so many are unemployed is because corporations are sitting on $2 trillion in cash when they could easily use that money to hire the unemployed.  The fact is that the unemployed have job opportunities but, for one reason or another, aren't seeking out those opportunities.  That's what makes Friday's employment report even more disappointing.