Monday, November 18, 2013

That "Unemployment" Number? Fuggeddaboutit

Seems like the Census department unemployment numbers have been massaged.


Just before the last Presidential election.

Co-incidence, of course.


Saint Revolution said...

Ask The HeadHunter: UnEmployment -- Made In America By Employers...businesses, the media, and the federal government continue to ignore the structural problems in our employment system.

Anonymous said...

Yeah, a veritable one man wrecking crew at the Census Bureau (rolling of eyes).

Dad29 said...

It must hurt your head to be so ignorant, Anony.

First: the informant clearly stated that he was not the ONLY practitioner of manufactured deception.

Second: a .3 move in unemployment is huge to anyone who regularly reads the numbers. It was clearly a political crime.

Anonymous said...

So, whenever ONE gummint official exposes "deception", we automatically believe them when they state numerous others were involved without specific evidence; and whenever a gummint official provides official numbers, we automatically question those statistics, because they are
deceiving (naturally). Got it.

Glad to note that in the future, whenever there is a .3 move in unemployment, and it occurs under a (D) or (R) presidency, you will acknowledge that momentous occasion as "huge".

Dad29 said...

You conceded the fraud. Smart!

Jack Welch noticed it, too.

In August, the labor-force participation rate in the U.S. dropped to 63.5%, the lowest since September 1981. By definition, fewer people in the workforce leads to better unemployment numbers. That’s why the unemployment rate dropped to 8.1% in August from 8.3% in July.

Meanwhile, we’re told in the BLS report that in the months of August and September, federal, state and local governments added 602,000 workers to their payrolls, the largest two-month increase in more than 20 years. And the BLS tells us that, overall, 873,000 workers were added in September, the largest one-month increase since 1983, during the booming Reagan recovery.

These three statistics—the labor-force participation rate, the growth in government workers, and overall job growth, all multidecade records achieved over the past two months—have to raise some eyebrows.

Happy to note that you're coming around, Anony.

Anonymous said...

Who's Jack Welch? A new TP candidate for something?

Anonymous said...

"Heard it from a friend who
Heard it from a friend who
Heard it from a friend
You've been messin' around."

J. Strupp said...

No evidence of fraud.

Move along.

Dad29 said...

Not yet, Strupp.

But then, only 10 weeks ago, you could keep your insurance plan if you liked it.