What’s in the unemployment number?

Fact Check: Labor Secretary Solis Misleads on Jobs Revisions

by Joel B. Pollak 5 Oct 2012
 

Suspicion about the federal government’s September jobs report has fallen on Secretary of Labor Hilda Solis, who appeared on CNBC this morning and defended the numbers from the Bureau of Labor Statistics (BLS), claiming–falsely–that upward revisions of 86,000 jobs were from the private sector. In fact, the new number is entirely accounted for by upwards revisions to state and federal government payrolls.

The BLS reported that while only 114,000 jobs were created in September–which would have translated into a rise in unemployment from 8.1% to 8.2%–the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades, and was unexpected even in the rosiest predictions.

One reason for the rise was an upward revision of 86,000 to the July and August jobs numbers–all of which came from a 91,000 increase in the estimate of public sector jobs. Private sector job estimates were actually revised downward by 5,000.
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http://www.breitbart.com/Big-Government/2012/10/05/Suspicion-Falls-on-Labor-Secretary-Solis-as-Jobs-Numbers-Questioned

2 comments on “What’s in the unemployment number?

  1. pepperhawk says:

    Here we go again, the government cooking the books to make things look better for the Occupier. I’m already imagining that over the next 3 weeks the unemployment rate will be down to 6% so that the rat bastards’ bad economy will raise people’s expectations of jobs really being created in the private sector which is a crock.

    Like

    • bullright says:

      Pepp,

      Yea, I can too. Along with poll numbers, spinning economic numbers and domestic policy, and now spinning on foreign policy. (should I say lying)

      Btw: I saw an interview with an Ohio radio host. When asked about those claims of a 6 or seven point lead for Obama, he said anyone who tells you that doesn’t know what they are talking about since it is always only a couple points. You can’t believe it. Ha ha. But nothing stops the rats from repeating their nonsense.

      Like

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