Lies, Damned Lies, And Government Statistics

The dumbing down of the American school system was probably intentional.

Economy adds jobs for a third straight month

Higher oil prices and fears about a slowdown in the recovery fail to deter employers, who add 244,000 new jobs to the economy in April across a wide spectrum of industries. The gains are tempered by a rise in the unemployment rate to 9%, up from 8.8%.

http://www.latimes.com/

About stevengoddard

Just having fun
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9 Responses to Lies, Damned Lies, And Government Statistics

  1. Andy Weiss says:

    We apparently lost more jobs than we gained. That should be the bottom line. There must be a lot of hamburger flipping going on with all these new jobs.

  2. Nate says:

    “Another observation from today’s BLS data: while the labor participation rate may have remained flat, the total number of persons not in the labor force as an absolute number just hit a new all time record of 86.248 million, higher than the previous record hit in February of 86.216 million. And just as relevantly, the total number of “people who want a job now” jumped by 232,000 from March to April to 6.482 million, just short of the previous record of 6.643 million. Can someone please redirect all these people to the minimum wage, part time jobs that just opened up at US fast food retailers please?”
    http://www.zerohedge.com/article/people-not-labor-force-hit-new-record-those-who-want-job-now-jump-232000-one-month

  3. Jimbo says:

    Prince Charles says we should live with less to help the environment. Let’s follow his example by owning 4 large homes each. Prince Charles – Hypocrite 😦

  4. suyts says:

    Yeh, we added more jobs right after jobless claims rose to an 8 month high.

    http://www.foxbusiness.com/markets/2011/05/05/jobless-claims-surge-8-month-high/

  5. Sparks says:

    Most people wouldn’t know a hard days work if it bit them in the back side!!

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