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More Jobs Nonsense: Without Birth/Death Adjustment, Non-farm Payrolls FELL 28k!
Confounded Interest ^ | 05/04/2013 | Anthony B. Sanders

Posted on 05/04/2013 9:20:04 AM PDT by whitedog57

Edited on 05/04/2013 1:10:27 PM PDT by Admin Moderator. [history]

Good News! Non-farm payrolls increase by 165,000 and the unemployment rate declined to 7.5%.

Bad News! It had to be helped by a 193,000 increase due to the BLS Birth/Death adjustment. That is a net LOSS of 28,000 jobs! And 9.55 million Americans have given up looking for work. Not to mention 89,936,000 NOT in the labor force.


(Excerpt) Read more at confoundedinterest.wordpress.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: economy; employment; jobs; jobsdata; obama
Ah, the old birth/death adjustment.
1 posted on 05/04/2013 9:20:04 AM PDT by whitedog57
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To: whitedog57

Soon...... the entire population of Los Angeles will be unemployed. The TV will report the overwhelming need for workers on Southern California. When the people in LA say “Where?” They will be told in Los Angeles.

People will continue searching for work because the TV said there were jobs to be had and TV isn’t allowed to lie.


If you think that’s far off from the truth, I have in my life had a number of otherwise intelligent adults say those very words. “”People on the news cant lie. They aren’t allowed to”.


2 posted on 05/04/2013 9:29:39 AM PDT by Norm Lenhart
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To: whitedog57

Figures lie and liars figure....especially in this administration. The unemployment rate is still 50% in our immediate family. Those are the stats that real families know are true.


3 posted on 05/04/2013 9:33:59 AM PDT by txrefugee
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To: whitedog57

These two Obama Administration are the most manipulative and dishonest in history - and not only do they not care who knows it, they seem to take great joy in ramming down our throats. With a totally complicit MSM, the GOP seems powerless to protest. Where will it all end?


4 posted on 05/04/2013 9:39:22 AM PDT by I am Richard Brandon
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To: I am Richard Brandon

Accept the reality that they are complicit, not powerless. Because it is not debatable, regardless of the psuedocon screaming on FR. Bhoner and the house could defund every bit of this lying admin and force them with the power of the purse to govern legitimately. They do not.

It is that simple.


5 posted on 05/04/2013 9:42:16 AM PDT by Norm Lenhart
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