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Friday, February 3, 2012

Warning: Jobs Numbers are Misleading

Jobs numbers, reported today as 8.3% unemployment, don't include people who have given up looking for work. Not to mention that initial reports are always rosier than the revised reports issued a week later. This list of links is up on Drudge Report today. Rush said today, "Why, do you know we created seasonally adjusted 200-some-odd-thousand jobs?  Do you know what the raw number is?  From the Bureau of Labor Statistics' own table, the raw number, before there's any seasonal adjustment, the raw number is that from December to January, we lost two million jobs." Ten points to the first person who finds any of this depressing information referenced in the news media! Such reporting doesn't often occur under Democratic presidents. Especially Democratic presidents in a reelection year. Don't be fooled!


+243,000 jobs in January...
Record 1.2M Fall Out Of Labor Force...
Participation rate falls to 63.7%...
30-year low...



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