Jack Welch had an article in the WSJ about the phony jobs numbers and why his was right. He explained how these jobs numbers are put together. They use census workers, honestly the same people who contacted you during the census, are still contacting people and asking questions to compile the jobs statistics and they can change the questions and methodology any time they want. The numbers are absolutely meaningless.
The best way to judge the unemployment is to look around you and see how many people in your family or on street are unemployed. How many have been laid off in your office and not found work, that sort of thing.
” Jack Welch had an article in the WSJ about the phony jobs numbers and why his was right. He explained how these jobs numbers are put together. They use census workers, honestly the same people who contacted you during the census, are still contacting people and asking questions to compile the jobs statistics and they can change the questions and methodology any time they want. The numbers are absolutely meaningless.”
The article proved how they skewed the numbers.