The Federal Reserve designed 2008 economic takedown is now claiming millions of victims. It is eroding the middle class and slowly turning the United States into a second rank country working its way toward third world status.
In June of 2009, the government announced the economy had entered a recovery after a historical looting by a cartel of international banksters led by the Fed and the Treasury.
It’s turns out to be a McRecovery.
The Labor Department announced today the private sector has created jobs at the fastest pace since 2006. “Nonfarm payrolls rose 244,000 last month, the most in 11 months, the Labor Department said on Friday. The private sector accounted for all of the job gains last month, with payrolls rising 268,000, the largest rise since February 2006,” reports CNBC.
According to the data, McDonald’s was responsible for the modest gain. “McDonald’s and its franchisees hired 62,000 people in the United States after receiving more than 1 million applications,” the Star Tribune reports.
Employment at service-providers rose 200,000 in April after a 184,000 gain the prior month, according to Bloomberg.