Friday, January 6, 2012

8.5% Unemployment Rate Is A Bald Faced Lie

Here is a great link to a some charts that show that the government is cooking the books on unemployment reporting. Since the government compares workforce participation against employment levels, it stands to reason that the more people the government can take out of the workforce through manipulation of data, the better the unemployment figures are going to look. It just so happens that as we're approaching an election that unemployment figures are magically improving. Well not really...

Check it out.

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