The real numbers?
POSTED: Tuesday, February 21, 2012 - 7:40pm
UPDATED: Wednesday, February 22, 2012 - 12:43pm
tyler — Much to the delight of the national media, the unemployment numbers technically are going down.
You may ask, why are you not happy?
The 8.3% number the administration has been crowing about are cooked numbers.
It's 8.3% when you take out about 5 millions folks who just quit looking for work.
The 8.3% is great for campaigning, but the Gallup organization says it's more like 9%.
CNS is reporting unemployment in the U.S. rose to 9% in mid-February, up from 8.3% a month earlier, according to a new Gallup survey. The polling company said this suggests that it's "premature" to assume the economy will not feature prominently in the 2012 election season.
Gallup figures typically provide an indication of what the government will report at the end of the month.
"The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February," Gallup said in its mid-month unemployment survey, released on February 17. "The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid- January."
Gallup said the Bureau of Labor Statistics (BLS) would likely report a rise in the official unemployment rate in early March when it publishes its February figures.
We always hear some offices of the federal government are non-partisan like the Congressional Budget Office.
But, they screwed up the health care cost numbers because they just plugged in whatever number the administration gave them like 7th graders with an assignment.
Not to besmirch 7th graders.
That's my point of view, what's yours?
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