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Why September's
Unemployment Number
is Suspicious

American Thinker, by Randall Hoven

Original Article

Posted By:magnante, 10/9/2012 11:05:51 AM

The Bureau of Labor Statistics said the unemployment rate dropped from 8.1% in August to 7.8% in September, after having been over 8% for the previous 43 months. In fact, this latest figure puts the unemployment rate exactly back to where it was in the month of President Obama's inauguration. On its face, that is not necessarily suspicious (snip)But here is what I do think is suspicious: the raw employment level of the Household Survey. That number gets seasonally adjusted

      


Post Reply  

Reply 1 - Posted by: treecat, 10/9/2012 11:30:35 AM     (No. 8920328)

14.7 unemployment rate

"Table A-15. Alternative measures of labor underutilization
HOUSEHOLD DATA
Table A-15. Alternative measures of labor underutilization"
(misspelled under utilization from web page)


http://www.bls.gov/news.release/empsit.t15.htm/


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Reply 2 - Posted by: bobgray2, 10/9/2012 12:40:41 PM     (No. 8920590)

Yeah as suspicious as a guy walking into a bank wearing a ski mask.

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Reply 3 - Posted by: viking diver, 10/9/2012 12:52:57 PM     (No. 8920638)

so they count seasonal holiday hiring as full time employment, don't count those whose unemployment has expired and I really really want to know how 114K people can drop our unemployment rate by 4%. what ever fuzzy math they are using doesn't even come close to 1 + 1 = 2

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Reply 4 - Posted by: mickturn, 10/9/2012 1:00:27 PM     (No. 8920737)

Of course it's bogus, it was 'created out of thin air' by Ms. Solis at the demand of Moochie for Obie.

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Reply 5 - Posted by: stablemoney, 10/9/2012 1:03:05 PM     (No. 8920690)

I have more confidence in payroll surveys released by ADP or other payroll services. Employees get checks and have taxes deducted. Payroll services issue those checks and their numbers are rock solid indicators.

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Reply 6 - Posted by: NYbob, 10/9/2012 1:32:05 PM     (No. 8920836)

I heard a radio host say one of the two members appointed in 2009 to the panel that comes up with these numbers contributed $10,000 to BHO. If this is true it sure would be nice if someone in the media tracked this down or someone at the RNC found out more about the guy. Instead EVERYONE in the loyal opposition seems happy to take the bogus numbers as fact.

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Reply 7 - Posted by: distorted, 10/9/2012 1:41:55 PM     (No. 8920864)

What are the chances that the Labor Dept. telephone employees in the back room know these are the critical unemployment numbers in the campaign and fudged their reports in favor of their guy's interests? What are the chances of finding one Romney favoring clerk in the Labor Dept.? Is there any real check against the clerks or supervisors putting a heavy thumb on the scales for labor's biggest supporter? Inquiring minds want to know how the biggest turnaround in 29 years or ever in September came out of the blue in an unverifiable government report at just the right moment for government's guy.

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