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Lies, damned lies & statistics
Canada Free Press ^ | 02/10/15 | Klaus Rohrich

Posted on 02/10/2015 10:04:19 AM PST by Sean_Anthony

There’s no question that this administration has lost all legitimacy and the stench of their numerous scandals is beginning to reach even the loftiest of America’s elites

Last week Gallup CEO Jim Clifton took issue with the Bureau of Labor Statistics (BLS) claim that unemployment in America was now hovering somewhere in the vicinity of 5.6%. Clifton said these numbers were “totally misleading” and maintains that the real percentage of unemployed Americans is closer to double the BLS figure.

Apparently the BLS counts someone who is working two or three hours per week as employed. They do not count as unemployed people who have left the labor force and are no longer looking for work. Given that there are more than 92 million Americans of working age not participating in the workforce it doesn’t take an MIT degree in quantum theory to arrive at the conclusion that the BLS are talking through their hats.

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


TOPICS: Business/Economy; Government; Politics
KEYWORDS: bureauoflabor; lies; obama

1 posted on 02/10/2015 10:04:19 AM PST by Sean_Anthony
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To: Sean_Anthony

Actually - I think the numbers here are closer to the truth..

http://www.shadowstats.com/alternate_data/unemployment-charts

And of course two poor paying part time jobs is not as good as a better paying full time job.

Socialism sucks.


2 posted on 02/10/2015 10:29:31 AM PST by paulk ( If one fails to learn self discipline, Don't worry; there will be others to boss you around. -kps)
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To: Sean_Anthony

This goes to show just how corrupt this culture has become when someone in the know, admits the truth, then fears for his life for doing so. In a land of freedom and liberty, there is no such fear. It just goes to show how far we have fallen.

CGato


3 posted on 02/10/2015 11:28:30 AM PST by Conservative Gato
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