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BLS jobs data will be heavy on the BS
New York Post ^ | 04/04/2014 | John Crudele

Posted on 04/04/2014 8:01:00 AM PDT by SeekAndFind

It’s time for the Bureau of Labor Statistics to own up to the fact that the nation’s unemployment statistics have been compromised.

Friday’s jobs report should come with a big asterisk detailing all the investigations the BLS knows about. Maybe the BLS thinks it can’t afford to be that honest.

But I say it can’t afford not to be — if it wants to maintain the long-term integrity of all its statistics. I’ve been telling you for months about the investigations being conducted by the Inspector General at the Census Bureau concerning the falsification of unemployment and inflation data. Probes are also going on at the House Oversight Committee, Congress’ Joint Economic Committee and, probably, the Philadelphia US Attorney’s office.

I do know the BLS is privately expressing lots of concern — although it and the Labor Department haven’t said a word publicly.

It is time for them to do so.

The honest thing would be to warn the public, the financial markets and policy makers. Staying quiet about the investigations is dishonest.

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bls; jobs; unemployment
Since the article was written, BLS reports 192,000 jobs created in March, 2014 and unemployment rate unchanged at 6.7%.
1 posted on 04/04/2014 8:01:00 AM PDT by SeekAndFind
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To: SeekAndFind

More of Obama on the job training.


2 posted on 04/04/2014 8:07:15 AM PDT by Vaduz
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To: SeekAndFind

The Kenyan cooking the books again, I’m certain.


3 posted on 04/04/2014 8:16:59 AM PDT by Marathoner (When Obama fails, freedom prevails)
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To: SeekAndFind
Also in the article:

"The issue is simple: New York’s cigarette taxes are the highest in the nation. So people are finding ways around this by bringing either untaxed or lightly taxed smokes into the state. And nothing is being done about it."

Poor NYS.

4 posted on 04/04/2014 8:22:13 AM PDT by Paladin2
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To: SeekAndFind

Old saying...”Statistics Lie and Statisticians are liars”.


5 posted on 04/04/2014 8:29:13 AM PDT by Old Retired Army Guy
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To: SeekAndFind

Does anyone think that a Republican president would have survivied a persistently high level of unemployment like this for five years running? The media would howling about how Americans can’t find work and would be clamoring for impeachment hearings.


6 posted on 04/04/2014 8:37:54 AM PDT by Starboard
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To: Marathoner
The Kenyan cooking the books again, I’m certain.

And the rat bastards in the news media are digging in without so much as a raised eyebrow.

7 posted on 04/04/2014 8:45:12 AM PDT by skeeter
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To: Starboard

Heck. I remember 8 years of non stop moaning with over 2.00 per gallon gasoline. 5 + years over 3.80 and deafening silence from liberals.


8 posted on 04/04/2014 10:15:10 AM PDT by Organic Panic
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To: Marathoner

He’s a proven Communist Lyin’ King - only a fool would believe anything that comes from his banana republic regime.


9 posted on 04/04/2014 10:18:10 AM PDT by newfreep
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