3 ms·

Contrarian view: http://www.shadowstats.com/alternate_data http://www.shadowstats.com/alternate_data "actual" unemployment if computed the way it was in 1992:

• UncleOxidant 17y ago
  Also note that the "birth-death" model fudge-factor they used for April was 226,000 which was about double what it was for March. Watch out for revisions as well: "February was revised down from -651k to -681k (-30,000) and March was revised from -663k to -699k (-36,000). See a pattern there? That's 66,000 jobs that were reported as existing but revised out later." http://market-ticker.org/archives/1026-Unemployment-Fried-Day.html http://market-ticker.org/archives/1026-Unemployment-Fried-Da...
  • gills 17y ago
    Don't forget the phantom ('seasonal') 60,000 jobs created by temporary hiring for the census...