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Lies, Damn Lies, and Statistics???


From CNN on September 7, 2012:

“The U.S. economy added 96,000 jobs in August, down from 141,000 in July, the Labor Department said today.
The report is well below forecast and another sign of a fragile economic recovery. Economists polled by CNNMoney were expecting 120,000 jobs to be added.
Economists say at least 150,000 jobs must be created each month simply to keep pace with the growing population.
Meanwhile, the unemployment rate fell to 8.1% from 8.3%.”

Exactly how is it that we add 96K jobs and are told we need to create 150k jobs to keep pace with our popukation, and yet, the unemployment FALLS by .2%???  Who is playing with which set of numbers???

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