US Labor Dept

 
 

April unemployment rate, US Labor Dept., May 2, 2014, Labor force participation plummets and jobless rates still high, Part time jobs, Financial markets react to false data

April unemployment rate, US Labor Dept., May 2, 2014, Labor force participation plummets and jobless rates still high, Part time jobs, Financial markets react to false data “11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013 “Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief “According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent ofRead More


Initial claims data misleading, August 15, 2013, US Labor Dept, Lowest since 2007?, Increased part time workers lowers layoffs, Total claiming benefits in all programs increased

Initial claims data misleading, August 15, 2013, US Labor Dept, Lowest since 2007?, Increased part time workers lowers layoffs, Total claiming benefits in all programs increased “11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013 “Over the last six months, of the net job creation, 97 percent of that is part-time work,”…Keith Hall, former BLS chief “Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…GeorgeRead More


May unemployment rate 7.6 percent, June 7, 2013, US Labor Dept, 175000 jobs added, Labor force participation rate 63.4 percent

May unemployment rate 7.6 percent, June 7, 2013, US Labor Dept, 175000 jobs added, Labor force participation rate 63.4 percent “With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012 “Private sector employment increased by 119,000 jobs from March to April, according to the April ADP National Employment Report….The March report, which reported job gains of 158,000, was revised downward to 131,000 jobs.”…ADP May 1, 2013 “Freedom is the freedom to say that two plusRead More


Unemployment insurance weekly claims, February 21, 2013, US Labor Dept., Increase of 20k, 4 week moving average up 8 thousand, Labor force dropouts not reflected

Unemployment insurance weekly claims, February 21, 2013, US Labor Dept., Increase of 20k, 4 week moving average up 8 thousand, Labor force dropouts not reflected “With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012 “Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011 “the Times of the nineteenthRead More


Unemployment rate, July 2, 2010, US Labor Dept, June unemployment rate 9.5 percent??, Orwellian algorithm, Fuzzy math, Lies, Real unemployment rate

Unemployment rate, July 2, 2010, US Labor Dept, June unemployment rate 9.5 percent?? “The past is whatever the records and the memories agree upon. And since the party is in full control of all records, and in equally full control of the minds of it’s members, it follows that the past is whatever the party chooses to make it. Six means eighteen, two plus two equals five, war is peace, freedom is slavery, ignorance is strength.”…George Orwell, “1984” I am not a rocket scientist. However, I started out as aRead More