Jobless rate falls to 7.8 %

[bhunter]

Originally Posted by Boreas

Her response was that she could have told me 6 months ago that Obama would release fake unemployment figures right before the election.

I said, "So, the fact that it's good news makes it false?"

She just said, "I don't believe it."

So, then I said, "Look, I'm not married to either one of those guys. If these numbers are proven to be bogus, I'll be the first to admit it."

Her response was to say, "I'm gonna hold you to that."

I then asked her if she would admit it if the numbers turned out to be true.

Her reply was, "I don't think that's going to happen."

Groan.............

John

There is nothing wrong with the numbers; however, I think they are not particularly significant given the BLS methodology. Similarly, I don't like the much tweaked CPI.

BTW, since you appear to like BLS data, have you checked out their American Time Use Survey? I found it rather interesting.

http://www.bls.gov/tus/#tables