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HomeOff Topics News & Politics › About That Strange Jobs Report.
10-10-2012 06:12 PM  5 years agoPost 1
0000

rrNovice

US

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http://online.wsj.com/article/SB100...Opinion_LEADTop

"The economy would need to be growing at breakneck speed for unemployment to drop to 7.8% from 8.3% in the course of two months..."

"Let's get real. The unemployment data reported each month are gathered over a one-week period by census workers, by phone in 70% of the cases, and the rest through home visits. In sum, they try to contact 60,000 households, asking a list of questions and recording the responses.

Some questions allow for unambiguous answers, but others less so. For instance, the range for part-time work falls between one hour and 34 hours a week. So, if an out-of-work accountant tells a census worker, "I got one baby-sitting job this week just to cover my kid's bus fare, but I haven't been able to find anything else," that could be recorded as being employed part-time.

The possibility of subjectivity creeping into the process is so pervasive that the BLS's own "Handbook of Methods" has a full page explaining the limitations of its data, including how non-sampling errors get made, from "misinterpretation of the questions" to "errors made in the estimations of missing data."

Jack Welch

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10-11-2012 01:18 PM  5 years agoPost 2
0000

rrNovice

US

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The most alarming statistics in the 7.8% unemployment rate , other than it's STILL too high, is that of the 114,000 new jobs(?) - 86,0000 were big government jobs, what a coincidence!? The other equally alarming and I believe ILLEGAL act this WH did, is ask Solyndra and LOCKHEED to DELAY reporting over 7,000+ layoffs until after the election in Nov.! This just shows how the WH and trade unions are in collusion, Trumpka anyone?

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10-12-2012 05:33 AM  5 years agoPost 3
K27R

rrApprentice

Dike, IA U.S.A.

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“One omission by one state-drove the number down by 10%”
http://blogs.wsj.com/economics/2012...oogle_news_blog

" Our Liberties We Prize, and Our Rights We Will Maintain"

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10-12-2012 05:38 AM  5 years agoPost 4
GREYEAGLE

rrElite Veteran

Flat Land's

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Yup : Guess WHO ??
Let's SEE : Nancey Polosie / Barbra Fienstien / Moon Beam

Yup !!! BUSTED !!!! EXPOSED

That State !

greyeagle

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10-12-2012 07:02 AM  5 years agoPost 5
dilberteinstein

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texas - USA

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Seems like California may have been a little too busy to put those numbers together in time.

90% of life is "showing up"

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10-12-2012 10:11 AM  5 years agoPost 6
baby uh1

rrVeteran

St. James, Mo.

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WEll then, If California's unemployment is fixed they won't be needing any federal funds to pay benefits.
Obama can use that money to pay off his investors and owners. Yeah! More money for Chinese solar panels!

Anything is possible if you don't know what you are talking about!

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10-12-2012 11:46 AM  5 years agoPost 7
helicopter

rrApprentice

Omaha, Nebraska

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He is a cheater a liar and a looser.

Boot the ba$tard.

I love gravity, it always keeps my feet planted when I fly!

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