Off-Topic: Gov' manipulation of jobs report
(High Rock Lake Specific)
4 messages
Updated 1/17/2020 5:25:14 PM
Lakes Online Forum
83,662 messages
Updated 6/7/2024 11:28:41 PM
Lakes Online Forum
5,196 messages
Updated 6/5/2024 11:03:19 PM
(High Rock Lake Specific)
1 messages
Updated 8/3/2006 10:13:36 AM
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
lucky67
-
|
Subject:
|
Gov' manipulation of jobs report
|
Date:
|
4/23/2024 10:02:00 AM
|
|
being suspicious of the #'s being released, as are many, Goldman Sachs did an indepth study; come to find the labor dept is using 2 surveys to determine the monthly JOBS created; and as we know govt hiring is usually 50-60% of all hiring
1 survey is from a random sampling of 122,000 businesses and Gov't agency hiring--(no accounting is made for layoffs);
the other survey is random calling to approx 60,000 households, --it does not differentiate new hires that are legal/ green carded/ illegal;
Goldman thus concludes the REAL UNEMPLOYMENT RATE is being UNDERESTIMATED by at least 1-2% monthly;
Joes America moves on
|
|