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MEDIA AGAIN HUMILIATED AFTER HYPING UNRELIABLE ADP JOBS NUMBERS
Breitbart ^ | Jan 10, 2014 | By John Nolte

Posted on 01/10/2014 1:04:27 PM PST by Jim Robinson

More terrible economic news hit the struggling American people today when the Bureau of Labor Statistics announced that only 74,000 jobs were created in December, the fewest number in five years. The unemployment rate dropped from 7% to 6.7%, but that is due only to the disheartening fact that 525,000 of the unemployed stopped looking for work. As a result, the labor force participation rate dropped to its lowest point since 1978.

Still, President Obama enjoyed a week of celebratory news about job creation thanks to our objective, unbiased, not-at-all liberal media once again hyping the notoriously unreliable jobs report from ADP. The result of this, naturally, is to give Obama a couple of good news cycles, but to do so based on numbers the media know are frequently wrong and just as frequently overstate the number of jobs created.

Today's BLS jobs report -- the real jobs report -- is unqualified in its awfulness. And yet, these are the headlines Obama enjoyed this week thanks to a media irresponsibly using ADP. We'll start with Business Insider, an outlet as devoted to the super wealthy as they are to an oppressive federal government:

Business Insider: PRIVATE SECTOR JOBS SURGE BY 238,000 IN DECEMBER

CNN: Strong job gains at end of 2013

NBC News: Jobs report could show things are looking up

Bloomberg: Companies in U.S. Added 238,000 Jobs in

December, ADP Says Wall Street Journal: U.S. Private-Sector Adds More Jobs Than Expected

BusinessWeek: Companies in U.S. Added 238,000 Jobs in December, ADP Says

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: fraud; jobs; liars; mediabias; obama; unemployment

1 posted on 01/10/2014 1:04:28 PM PST by Jim Robinson
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To: Jim Robinson

RE: MEDIA AGAIN HUMILIATED AFTER HYPING UNRELIABLE ADP JOBS NUMBERS

OK somebody explain to me why the BLS numbers are more reliable...


2 posted on 01/10/2014 1:07:14 PM PST by SeekAndFind
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To: Jim Robinson

I hate this “stopped looking for work” nonsense. How are these numbers being collected? Are they real scientific polls that ask working age adults if they are employed and if not, do they want to be?


3 posted on 01/10/2014 1:09:31 PM PST by FreeAtlanta (Liberty or Big Government - you can't have both.)
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To: FReepers

Click The Pic To Donate

Support FR, Donate Monthly If You Can

4 posted on 01/10/2014 1:10:13 PM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: Jim Robinson

Yippee! So we don’t need to extend unemployment bennies afterall.


5 posted on 01/10/2014 1:10:17 PM PST by shove_it (long ago Orwell and Rand warned us of Obama’s America)
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To: SeekAndFind

Actually, people are being abducted by aliens. That is why there are fewer available workers so the unemployment rate is unbelievably low.

that, or somebody dealt made a Gault’s Gulch.


6 posted on 01/10/2014 1:12:32 PM PST by FreeAtlanta (Liberty or Big Government - you can't have both.)
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To: Jim Robinson

How can these job numbers mean anything when every week there are more than 300,000 newly filed claims for unemployment?


7 posted on 01/10/2014 1:18:25 PM PST by ponz7
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To: Jim Robinson

If the Pubbies had a spine - they would agree to an extension of unemployment benefits only if these people were counted in the official unemployment rate - driving the rate to the real number that the American people can see.


8 posted on 01/10/2014 1:27:30 PM PST by capydick (''Life's tough.......it's even tougher if you're stupid.'')
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To: Jim Robinson

It seems to me, to be humiliated, you would have had to have some self-respect to begin with.


9 posted on 01/10/2014 1:33:06 PM PST by Old Yeller ( Salvation is by grace through faith in the completed work of Jesus.)
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To: FreeAtlanta

I hate this “stopped looking for work” nonsense. How are these numbers being collected?

&&&&&

It is a euphemism for getting the last unimployment check. Being eligible for unemployment checks means “looking for work,” and pressing 1 on the phone number to the unemployment office bi-weekly for as many weeks as the state provides the checks. After that, one has ‘stopped looking.’


10 posted on 01/10/2014 1:36:47 PM PST by maica (We are seeing an interesting mixture of malice and incompetence at healthcare.gov)
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To: maica

Nope. You can be ineligible for unemployment compensation (self-employed, working for a non-profit, etc.), be “looking for work,” and be counted as unemployed for the purpose of calculating the unemployment rate.


11 posted on 01/10/2014 2:04:35 PM PST by 1rudeboy
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To: Jim Robinson
and this week the L$M gets the Andrea Mitchell GOLDEN KNEE PADS Award!

12 posted on 01/10/2014 3:00:33 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: Jim Robinson

T W tv cable news stations are broadcasting this lie:
“Lowest unemployment numbers in 35 years.”

viz “The seasonally adjusted unemployment rate rose from 4.3% in January 2001, peaking at 6.3% in June 2003 and reaching a trough of 4.4% in March 2007. After an economic slowdown, the rate rose again to 6.1% in August 2008 and up to 7.2% in December 2008” wiki


13 posted on 01/10/2014 3:07:48 PM PST by bunkerhill7 ("The Second Amendment has no limits on firepower"-NY State Senator Kathleen A. Marchione.")
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Comment #14 Removed by Moderator

To: Jim Robinson
ABCNNBCBS MEDIOTS = OBAMAGANDA 24/7/365 WITH 0 REAL NEWS!
15 posted on 01/10/2014 3:22:30 PM PST by Grampa Dave ( Obamacare is a Trinity of Lies! Obamaganda is failing 24/7/365! Obamaganda will fail 24/7/365!)
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To: FreeAtlanta

The jobs created number comes from a survey of employers, and the. The figures are manipulated. The percentage working comes from a survey of households. That is part of the reason that the two numbers can sometimes conflict.


16 posted on 01/10/2014 3:56:16 PM PST by USNBandit (sarcasm engaged at all times)
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To: shove_it
Yippee! So we don’t need to extend unemployment bennies after all.

NO. We need to extend unemployment bennies because it's not Opposites Day.

If you were REAL SMART like the President, you would understand, but you're not. You're just a simple peasant who can't read a Teleprompter.

17 posted on 01/10/2014 7:04:58 PM PST by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
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To: Jim Robinson

No way they didn’t know the real numbers ahead of time. They’re only kept from us people ‘til the first Friday of the month.

So, they pumped up numbers early on because they know that bad news gets dumped on Friday’s because the news is less listened to on Friday. And there’ll be absolutely no one to answer to. They’ll just say: We made a mistake. That will be the end of it.


18 posted on 01/11/2014 9:48:32 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: ponz7

RE: “How can these job numbers mean anything when every week there are more than 300,000 newly filed claims for unemployment?”

That’s because new jobs are always being created each week.

Even during the worst months of the Great Recession, at least 100,000 “new” jobs were being created each week.


19 posted on 01/11/2014 11:26:25 AM PST by zeestephen
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