Here is a fascinating link explaining the birth-death rate adjustment in May that lead to very understated unemployment numbers. http://www.chrismartenson.com/blog/may-employment-report-not-believable/20102
I can't help but wonder if the Obama administration is behind this? Are they now politicizing government bureaucracies to make the job market seem better than it is? This is a conspiracy theorist's dream. I'd be surprised but you never know.
Sunday, June 7, 2009
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