January unemployment rate drops to 9.7 percent

Yahoo finance ^ | Friday February 5, 2010, 8:34 am | AP/Yahoo

[CPT Clay]

Travis, thanks for the Ferfal book.

[Tarpon]

Thanks, I will give it a look.

[catnipman]

Yep. Just more gobbledygook and obfuscation from good ol lying AP! But look! A ray of truth leaked in somehow:

But those gains resulted from seasonal adjustments to the data. Without those adjustments, the data show fewer people had jobs last month.

Let me repeat that:

the data show fewer people had jobs last month

AP can spin as madly as an out of balance washing machine for all I care, but bottom line, all of those actual American voters with fewer actual jobs will be showing up at the voting booth in a really bad mood, and the vote counts won't be seasonally adjusted, either.

[bert]

They don’t have the ability to measure within .5 percent .The result is a calculated from various imprecise measurements.

The accuracy of the calculated value can be no more precise than the least precise measurement and .5% is probably the absolute upper limit of measurement precision.

[hal ogen]

Numbers are juggled, therefore unemployment... What a bunch of amateurish BS.

[TheThinker]

It’s an odd practice to not consider someone unemployed when they are actually jobless.

[Ronbo1948]

Real Unemployment Rate is 22% - Welcome to Obamaville And The Second Great Depression...

http://ronbosoldier.blogspot.com/2010/02/real-unemployment-rate-22.html

[Farmer Dean]

It’s an outrageous perversion of logic,that’s for sure.