Posted on 10/06/2010 5:30:43 PM PDT by mdittmar
WASHINGTON (Reuters) - The economy likely shed more jobs last year than previously thought, but analysts say the undercount by the government should prove less severe than it did during depths of the recession.
The Labor Department on Friday will give an initial estimate of how far off its count of employment may have been in the 12 months through March. The government admitted earlier this year that its count through March 2009 had overstated employment by 902,000 jobs.
Analysts expect a much smaller miscount this time, given the economy's growth spurt in the second half of last year.
(Excerpt) Read more at reuters.com ...
Bush’s Fault!!!
The MSM and the Administration colluding to lie to the American people...never seen that before.
/sarc
Only an idiot with an agenda IMO.
new words for lying “miscount”; “misspoke”; unexpected
No shock here.
Gee Story filed at 5:03 eastern time. Just in time for the news... oops too late, guess they need to be more careful. Sheesh makes me sick.
Paychecks vs foodstamps....
http://www.newsmax.com/InsideCover/Newt-Gingrich-GOP-strategy-elections/2010/10/06/id/372846
My own eyes tell me there’s been not a single drop of recovery in the heavy duty steel and iron fabrication sector. everywhere I go there are shops looking deserted. All salesmen I talk to say its deader than dead. Fitters, welders, millwrights, electrician, riggers etc that work in heavy duty hardcore industry are doing NOTHING.
Piss on wallstreet and bankers and the queers writing about them. This country has had it’s legs chopped off.
How......unexpected.
‘likely shed more jobs’
Well did or didn’t?
Since we have to guess, I’m guessing did..
I guess they never understate employment by 902,000 jobs, right?
It’s always they made a mistake and overstated employment by 902,000 jobs right?
Amazing bad luck these people have.
‘Analysts expect a much smaller miscount this time’
Oh, so the miscounts are EXPECTED.
Wow that was unexpected...
Well,the Company I work for is doing pretty good,lot’s of people staying close to home.
how unexpected!
funny how they always revise the numbers down.... lol
who do they think they are fooling. Everyone knows the Obama is a failure and an idiot that was basically given his degrees because of racial quotas and affirmative action programs.
Well that explains why when 760,000 jobs were lost, the unemployment number went down, eh?
BWAHAHAHAHAHAHAHA
Obama magic at work.
btt
Just love how the O cabal rants about losing 750,000 per month at the end of Bush’s term.
Now we are losing 500,000 every WEEK.
No one picks up on the big lie.
so the recovery was slower than stated?
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