“BLS” – One Letter Too Many

5 Oct

Wow – Did Obama catch a lucky break!

Jobs report: 114K jobs added, jobless rate 7.8%

The number of unemployed dropped 456,000 last month, while only 114,000 jobs got added.  That either means that 342,000 people left the US, or they left the work force in one way or another.  In the household survey, though, the number of people with jobs rose by 873,000 — a very strange outcome that makes it appear that more than one tweak has been done to previous data.  (The +873K is in the seasonally adjusted number, by the way.)

If you can’t trust the government, who can you trust…

Hot Air

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