On Drudge - MANIPULATE: FEDS MAY LOSE 824,000 JOBS IN 'REVISION'
Submitted by SteveMT on Wed, 02/03/2010 - 13:17
Link is to short Bloomberg story. There is no discussion or details of what is meant by "manipulation."
U.S. May Lose 824,000 Jobs as Employment Data Revised: Analysis
Feb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.
Click here for a Bloomberg Multimedia interactive visual analysis of the economy’s job losses.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aNSc0oQ0...
Nice interpretation of what this means
"I am interpreting this is an additional 824,000 jobs lost on top of the previous numbers for 2009. If true that would represent an increase of 20% in job losses for 2009."
This may be another headline story "pulled" at the request of Obama, like the Reuters article about increased taxes for the middle class.
Bump
bumpity
Small accounting
Small accounting error....nothing to see here...move along.
yep yep....
Now that more and more people are falling off of the unemployment roster (as of 1-23-10!) then they can add these "forgotten" ones back in again.
That way we won't be at over 11% "cooked" right now.
Nice... it's like stealing 10 bucks from the register and then paying it back by selling and not ringing up non-inventory items.
Which begs to ask the question... did a lot of these numbercrunchers come from 7-11?
~Live life to its fullest, with an open heart, open arms and most important... an open mind~
bump
Thank you Steve.
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