How Fraudulent Was the January Unemployment Number? Unemployment Actually Went UP last month

http://libertarian-neocon.blogspot.com/2012/02/how-fraudulent-was-january-unemployment.html ^ | libertarian neocon

[LibLieSlayer]

I am happy for you two. obama has destroyed half of my retirement and is closing in on destroying my 39 year old business.

LLS

[RWGinger]

What I wondered is having read that they dropped 1.2 million off the work force which of course lowered the unemployment figure quite a bit

did we always adjust the work force figure by subtracting people who dropped out of the work force?

[RWGinger]

and thank you for taking the time to explain this

[libertarian neocon]

“did we always adjust the work force figure by subtracting people who dropped out of the work force?”

Yes but since we have been tracking this data (since 1948) we have not ever had such a steep drop in labor force participation. It’s actually generally been rising as more women started working.

[RWGinger]

thank you
does that number( 1.2 Million) look suspicious to you,
I read that allen West is questioning a 2% drop in the unemployment % for blacks. Dropped from something like 15.6 to 13.4 in one month, Jan