THE REAL ECONOMY - AT 7:09 P.M. ET:  With all the hype about the economy suddenly returning from the dead - tofu in every pot and two iPods in every pocket - some truths are starting to come out.  One of them involves the real employment picture, and it isn't pretty, as NRO Online reports: 

The Bureau of Labor Statistics defines the hires rate as the “number of hires during the month divided by the number of employees who worked during or received pay for the pay period that includes the 12th of the month.” And the latest hires rate — the worst in the history of this measure — confirms what BuzzCharts has been reporting for months (see “Obama’s Magical Misery Tour” and “The Jobless Recovery”): Entrepreneurs and business managers are frozen. They’ve stopped posting want ads and they’ve stopped adding staff. When I look at the chart above, I see a giant sign hanging in the window of America. It reads: “Help Not Wanted.”

And...

...Obama has made them scared. Everywhere I go I hear the same story. Business owners know the little details that academics and pundits don’t, and they know what not to do. They know, for example, that payroll taxes are not only scheduled to rise, but already have risen. And they know all too well that government-mandated unemployment compensation is funded by employers through an unemployment-compensation payroll tax. As a result, they know not to hire.

COMMENT:  Wait 'til they get the bill for Obamacare, a system that will include absolutely zero reform of the vastly corrupt malpractice system. 

We may be in a kind of economic recovery, but it's a jobless recovery.  Once again the people who run for office caring about "the people" have shown that they don't really care at all.

August 15, 2009