Skip to comments.On jobs numbers, BLS vows there's no conspiracy (The BLS is just plain BS!)
Posted on 10/06/2012 10:07:51 PM PDT by tobyhill
On the heels of a positive September jobs report, which showed a 0.3 percentage point drop in the national unemployment rate, prominent conservative Jack Welch and some others on the right are questioning the source of the numbers, suggesting on Twitter that the Obama team had in some way manipulated the data to their advantage.
"Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers," wrote Welch, the former chairman and CEO of General Electric, shortly after the September jobs report was released.
Conservative radio host Laura Ingraham piled on in a Twitter message of her own: "Jobs #s from Labor Secretary Hilda Solis are total pro-Obama propaganda--labor force participation rate at 30-yr low. Abysmal!"
And Rep. Allen West, R-Fla., posted on Facebook his belief that "Chicago style politics is at work" with regard to a "manipulation" of the data.
Welch was not available to comment on the nature of his Twitter message or to offer up an explanation for its basis -- according to someone in his office, he posted his message before walking into a meeting without his phone -- but the Bureau of Labor Statistics and others immediately knocked down his and other similar comments as factually unsound. (Welch later doubled down on the sentiment in a Fox News appearance, noting that "these numbers don't smell right.")
(Excerpt) Read more at cbsnews.com ...
These numbers will be adjusted after the election to reflect the 8.2 reality and that adjustment will be used to offset the jump to 8.3 or higher reflected in the November numbers.
Am I correct in assuming that the vertical scale is in thousands?
BTW, if the next month is negative, then one might hazard a visual guess as to Obama’s true symbolic gesture to the Nation’s 20-24 year old workers.
Yup, the scale is 1,000’s. Swings in the hundreds of thousands all but one down!