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Job claim misleads

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Postby katsung47 » Fri Oct 12, 2012 4:52 pm

Fact Check: Labor Secretary Solis Misleads on Jobs Revisions

by Joel B. Pollak5 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.

In addition, the BLS reported a large rise in the number of part-time jobs, adding 600,000 jobs to the total--a dramatic increase of 7.5%, not explained by any other economic indicators--and raising questions about whether the government had changed the way it counted part-time workers.

http://www.breitbart.com/Big-Government ... Questioned
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Postby greeney2 » Sat Oct 13, 2012 6:01 pm

Any drop in unemployment is not becasue people got jobs, it is becasue maximum time for collecting for many ran out, so they dropped off the unemployment rolls. Less checks sent out, because their benifit period had been exhausted.

Whats next claiming anyone that died and fell off the list, got a job? Technically they did, the new job is full time one in Heaven.
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