FedUpUSA

Phony Jobs Report Revealed


 

As I Have Repeatedly Pointed Out — DUH!

Phoney-BLS-Labor-Numbers

Gee, someone is waking up?  Denver Census staffer brings data falsification to light:

A field supervisor in the Census Bureau’s Denver region has informed her organization’s higher-ups, the head of the Commerce Department and congressional investigators that she believes economic data collected by her office is being falsified.

And this whistleblower — who asked that I not identify her — said her bosses in Denver ignored her warnings even after she provided details of wrongdoing by three different survey takers.

Of course it is.

And the media is intentionally reporting false claims — that they know are false — as well.

One of the worst lies in the reports about the job situation is that demographics are “shrinking” the workforce.  That’s utter nonsense; the population of working-age people, defined as those between the ages of 16 and 64, is growing, not shrinking.

I present this data every single month in graphical form; the number of jobs gained (or lost) adjusted for the change in the working-age population. It has barely been positive of late, hovering right around zero.

So how does the unemployment rate decrease when the number of working-age people is increasing by approximately the same number as are jobs “added”?  It decreases because people are no longer looking for work, therefore, according to Census and the BLS, they’re not “unemployed.”

Period.

This is not a positive economic trend.  Those who give up and no longer look for work yet are of working age are almost-certainly not “retired” in the formal sense, that is, self-sufficient and ok with what they have.

They are on welfare of various forms and therefore not producing anything, but are instead sucking everyone else dry.  That’s bad, not good.

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