Off-Topic: Gov' manipulation of jobs report
(Belton Lake Specific)
2 messages
Updated 10/27/2023 11:14:06 AM
Lakes Online Forum
84,070 messages
Updated 10/30/2024 8:48:25 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Belton Lake Specific)
1 messages
Updated 6/14/2018 11:04:09 AM
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
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
|
|