BG's Opinions
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Why publish labor statistics that say NOTHING?


I got this email that I subscribe to saying that the Unemployment Rate went from 9.5% to 9.6% and then I read the details of this message and the data is misleading! The labor reductions are real ’cause they come from the Census part time jobs that were needed earlier this year but its all Government jobs that are changing. WHAT ABOUT COMMERCIAL BUSINESS???

It’s nice to know that by this report, we can understand that NOTHING really changed this month. Stability is sometimes hidden behind useless statistics.

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