BLS is heavily manipulating employment stats

Discussion in 'Economics' started by bond tr4der, Dec 28, 2008.

  1. http://www.bls.gov/news.release/empsit.nr0.htm

    Employment dropped 673,000 jobs from Nov. to Oct.

    1.8 million jobs lost since May of 08.

    The population is increasing. We need about 250k in monthly job gains just to break even.

    This recession is going to get interesting!
     
  2. Digs

    Digs

    TRUE,

    Why did the large employment loss numbers only start to appear so close to and after the Election???

    Why did it take so long to announce a recession started 12 months ago.

    Politics...NO FREE MARKET HERE !
     
  3. DING DING DING!
     
  4. John Williams of Government Shadow Statistics has graphed unemployment for years.. says the REAL rate now is 16%.
     
  5. I believe that in a heartbeat.