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September 8, 2007

Government Job Statistics Seriously Out Of Whack?

-- by Dave Johnson

Go read Mish's Global Economic Trend Analysis: Moonbats Active Again in Massive Jobs Disaster. The official, reported jobs numbers just do not match what the real data shows.

The unemployment rates is based on the Household Survey. Notice how 340,000 civilian jobs were lost and total employment fell by 316,000 jobs, but magically unemployment fell by 24,000. Raise your hand if that makes sense to you.
Is it possible the Bush people are either incompetent - or politicized?

Posted by Dave Johnson at September 8, 2007 10:47 PM

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