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To: loucon

And from Zerohedge

Rosenberg On The Unemployment Rate: “If It’s Too Good To Be True, Then It Probably Is”

http://www.zerohedge.com/news/2012-10-06/rosenberg-unemployment-rate-if-its-too-good-be-true-then-it-probably


11 posted on 10/06/2012 10:27:28 AM PDT by HangnJudge
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To: HangnJudge
Taken at face value, the household survey would suggest that economic activity has been rocking-and-rolling and the labor market is bursting at the seams with jobs. We know that has not been the case, hence, the household data is difficult to believe and we are dismissive to the universal strength of the household survey data.

I've searched for the demographics of the 60,000 to no avail. I would think that errors in the selection of the demographic data would be the easiest way to end up with skewed results.

I think that the survey is performed by the census bureau but I can't find it there.
16 posted on 10/06/2012 10:47:32 AM PDT by loucon
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