Stephanie
Diamond Member
- Jul 11, 2004
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- Raw Jobs Numbers the Press Won't Disclose Paint an Even Uglier Picture Than Currently Reported
newsbusters.org ^ | 10/4/2015 | Tom Blumer
In their coverage of government and other economic reports, the business press routinely tells readers that the figures they are relaying are "seasonally adjusted." That is, raw results are smoothed out to supposedly "remove normal, recurring variations" in data. There's one notable exception: The government's monthly employment report. As has been their habit for as long as I have been following these things, various Associated Press reports in the past several days (examples here, here and here) and at yesterday's New York Times failed to tag yesterday's reported gain in payroll jobs of 142,000 as "seasonally adjusted." There appears to...
Everyone know's how bad things are because WE ARE LIVING IT. how they think they can spin this is astounding to me. 147, 000 MEASLY jobs were created. We are WORSE off than we ever were under Bush
Obama has raised billion in taxes on us, billions in new regulations put ON BUSINESSES, put a new Government entitlement on our backs and they think we are suppose to be roaring along.
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