Monday, February 06, 2012

Obama's made-up jobless numbers

CURL: Obama's made-up jobless numbers - Washington Times
No one in the mainstream media, busy rewriting the government’s press release on Friday, will bother to question the newest number, or explore what trimtabs.com CEO Charles Biderman said that very day:
“Actual jobs outstanding, not seasonally adjusted, are down 2.9 million over the past two months.
It is only after seasonal adjustments — made at the sole discretion of the Bureau of Labor Statistics economists — that 2.9 million less jobs gets translated into 446,000 new seasonally adjusted jobs for January and December.

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