What's Wrong With the BLS?

Discussion in 'Economics' started by bonddad, Nov 3, 2006.

  1. bonddad


    The BLS revised employment figures last month up by 810,000. In the latest report, they increased numbers again. Does anyone know what is up with their methodology? Something seems to be pretty off with the way they do things.
  2. I dont think they have clue. its kind of make it up as you go.
  3. Incompetence abounds.... The captain is not only asleep, he's drunk too.
  4. man this is a disgrace. the market has so much fraud its sickening. thats why the rep's get kicked out as all tired of the games. bottom line the economy is slowing and people are seeing huge slowdown regardless of what lieing wall street says
  5. All of the goofy revisions should stop after next week's elections. They should resume again in ~August 2008. Stay tuned.