Posted on 10/05/2012 8:27:36 AM PDT by Justaham
Suspicion about the federal government's September jobs report has fallen on Secretary of Labor Hilda Solis, who appeared on CNBC this morning and defended the numbers from the Bureau of Labor Statistics (BLS), claiming--falsely--that upward revisions of 86,000 jobs were from the private sector. In fact, the new number is entirely accounted for by upwards revisions to state and federal government payrolls.
The BLS reported that while only 114,000 jobs were created in September--which would have translated into a rise in unemployment from 8.1% to 8.2%--the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades, and was unexpected even in the rosiest predictions.
One reason for the rise was an upward revision of 86,000 to the July and August jobs numbers--all of which came from a 91,000 increase in the estimate of public sector jobs. Private sector job estimates were actually revised downward by 5,000.
(Excerpt) Read more at breitbart.com ...
Exactly. The highest number of part time jobs added in over ten years...in an economy that sported under 2% growth all year! It’s ridiculous!
Ha, on debate night, ABC’s fact checkers put up a photo of 0bama, analyzed his claims about Romney’s tax plan, and put a big “False” stamp across his forehead. Truth, indeed!
Unfortunately it will; most people couldn't even tell you what the BLS is. Most people don't know that this report was even released, never mind what it containes. I doubt this will be big news.
Yet more and more are starting to wake up to the reality, look how well Mitt Romney did on Wednesday night.
Do not let these misleading stuff come and live in your head rent free.
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