When reported, month-to-month, new net job increases are running about half the rising number of Americans, and you, yourself, see more and more unemployed around you, but the media insists on reporting a major drop in the official unemployment rate, you just know something is wrong.
You do, but most of the vaunted media doesn’t.
When a skilled worker can’t find a permanent job but instead gets part-time, temporary work with a broom for a couple of weeks, he is considered employed by the media when it suits them fine to parrot the resultant employment numbers.
Nor does the media tell you how the employment numbers are actually estimated by the U.S. Bureau of Labor Statistics. Not by accurate head-count but a sort of poll, subject to the pitfalls of such a system. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter)
No comments:
Post a Comment