What’s The Unemployment Rate?
Earlier this month the U.S. Bureau of Labor Statistics (BLS) released its monthly employment situatiYou must Subscribe or log in to read the rest of this content.
Earlier this month the U.S. Bureau of Labor Statistics (BLS) released its monthly employment situatiYou must Subscribe or log in to read the rest of this content.
4 comments
The gov’t doesn’t lie to us.
Shut up you conspiracy theorist.
Fracking Bible Thumpers!! Who do they think they are.
I haven’t liked the “U3” number for a long time as it is very deceptive (regardless of the party in power), the “U6” and Labor Participation Rate are the numbers that show true employment health but it looks like they are starting to fudge those too.
The current issue of “Forbes” magazine has two good articles worth reading. I haven’t read the whole issue yet but these two columns are good explanations of some of our problems.
Steve Forbes column on “malaise and stagnation currently afflicting us “
http://www.forbes.com/sites/steveforbes/2013/08/14/why-uncle-sam-became-an-antifreedom-monster/
David Malpass column on shrinking income
http://www.forbes.com/sites/currentevents/2013/08/14/the-american-income-crisis-the-fed-could-stop-it/
Read Zero Hedge, comrades.