I posted a bit of this earlier, but here is the entire, eye-opening note from economists John Ryding and Conrad DeQuadros of RDQ Economics: This report is a tale of two labor markets. The establishment survey (payrolls) painted a picture of moderately growing employment over the last three months but at a marginally slower pace than over the last year. At this pace of job creation, the unemployment rate should be barely drifting lower given underlying demographic trends. In contrast, the household survey painted a picture
Lou Dobbs gave a good explanation on FNC: This statistic is derived from a survey of about 50,000 households, and is distinct from other surveys of 100,000 employers.
IMO, that's apples and oranges. The fact that this is from a survey, rather than hard numbers from unemployment offices, etc. opens the door to Chicago-style manipulation. How is this different from any other "skewed" poll? Yeah, the BLS has a "sterling" reputation. But one thing we should have learned by now is that even "reputable" sources can and have been "persuaded" to provide the correct "answers" when the time is right. Following the debate, it was time to pull some strings.
Election fraud. Conducted from the highest possible level. Another arrow targeting the Moron Vote. Corruption and collusion = MSM. The first volley from the Ministry of Truth in its October Surprise against the nation.
If they were smart (I know, we're talking about Liberals here!) they would have waited until the November 2nd jobs report to inflate the household survey by over 1 Million jobs (August to September). Now they will have to keep up the fraud in the next report just to stay at 7.8%. But doing so would be an obvious sign of data manipulation. However, If they don't, unemployment will tick back up the Friday before election day. Either way, their little tactic is going to backfire.
Somebody explain to me how a 114,000 increase in jobs created somehow translates into a 0.3% drop in the unemployment rate.
How did the number of unemployed people drop by 456,000 when only 114,000k jobs were created? Simple. 342,000 people retired and dropped out of the denominator.
So Obama's spiking the football now that the unemployment rate has "plummeted" from 8.1% to 7.8%? How is that a cause for jubilation? The U-6 rate is still 14.7%, which means that one out of every 7 workers is unemployed.
I, like a lot of other people, see a lot of stupid people. Everywhere.
Hearing this news this morning my first thought was to laugh.Mr and Mrs Media,once again ,we do not believe anything you say or print.And that goes for your phony unemployment lies.You clowns have done this to yourselves.Good luck trying to convince America that you are realy a journalist.In the eyes of real Americans,you are scum to never be taken seriosly again.
If it seemed like cable news spent more time covering President Barack Obama’s handshake with Cuban President Raul Castro and “selfie” with Danish Prime Minister Helle Thorning-Schmidt than they did on the substance of Nelson Mandela’s memorial service, that’s because they did. An analysis put together by Media Matters reveals that on Tuesday night, December 10th the big three cable news networks spent an average 62% of their Mandela-themed segments focusing on either the handshake or the selfie, with 38% of that time spent discussing Mandela’s legacy and the rest of the memorial service. CNN appeared to be the worst offender, dedicating
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US President Barack Obama may have moved the masses attending Nelson Mandela’s memorial service with his stirring eulogy, but it was his grinning "selfie" with the Danish and British premiers that set social networks abuzz. In a candid moment captured by a photographer, Denmark’s Prime Minister Helle Thorning-Schmidt can be seen holding up her smartphone, with Obama lending a helping hand, as they pose for a picture with David Cameron, all three of them smiling broadly in their seats at Soweto’s World Cup stadium.(Snip)Mashable, the news and technology website, ran the photograph under the headline: ‘‘Dear Obama: Funerals are no place
Johannesburg - A man who provided sign language interpretation on stage for Nelson Mandela´s memorial service, attended by scores of heads of state, was a "fake," the national director of the Deaf Federation of South Africa said on Tuesday. Asked about the claim by The Associated Press, South Africa´s government said it was preparing a statement. Three sign language experts said the man was not signing in South African or American sign languages. South African sign language covers all of the country´s 11 official languages, according to the federation. It wasn´t immediately clear if the unidentified man was using a
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The Obama State Department has finally released a second round of photos revealing the harrowing devastation wrought by a terrorist attack on the U.S. Consulate in Benghazi on Sept. 11, 2012. The new photographs depict rampant damage to the consulate. They show charred walls, smoldering fires, Arabic graffiti defacing exterior walls, and scattered debris throughout. The extent of the damage would lead any reasonably serious person to conclude that this was a cold, calculated attack, carefully coordinated to mark the 11th anniversary of Sept. 11, 2001. Unfortunately for the American people, the Obama-Clinton-Rice cabal that led to the Benghazi cover-up was
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