BLS Uses Obama Fuzzy Math to Fake New 8.6% Unemployment Number (ContributorNetwork) – 1697th Edition

3 12 2011

ContributorNetwork – COMMENTARY | According to the recent employment report released by the Bureau of Labor Statistics (BLS) 120,000 new jobs were added in November. However, according Reuters, there were also 402,000 new claims for unemployment benefits. So how do you create a drop in the unemployment rate when more people are losing jobs than finding jobs? It’s easy. You simply stop counting the 315,000 people who stopped looking.
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