NBC’s Andrea Mitchell criticized the Obama administration-hyped economic recovery by reminding the panelists on Meet the Press that with labor participation rates at historic lows, an economic recovery is unsustainable and has created “two Americas.”
Mitchell’s comments followed Meet the Press host Chuck Todd’s interview with RNC Chairman Reince Priebus:
I’m not echoing Reince Priebus, because he is obviously partisan and that’s his job, but if you look at The Wall Street Journal, The Washington Post, The New York Times, the Financial Times, all the reporting on the jobs data from Friday reported that participation rate is at historic lows, decade lows. 59% are involved in the labor force. That’s just not a sustainable recovery. We have two Americas. We really do.
While Mitchell is right about it being the lowest in decades, she apparently got her numbers mixed up. She said the Labor Participation Rate is 59%, but what she must have been thinking about was the latest (and suspect) unemployment statistic, which is 5.9%.
The labor participation rate dropped from 62.8% in August to 62.7% in September, hitting a 36-year low and masking the true unemployment numbers that have been reported, which the mainstream media have largely ignored until now.
Now that Mitchell has waken up from the Obama economic deception, will other liberals in the media follow her lead? Don’t bet the house on it.