Saturday, November 22nd, 2008

Posts Tagged ‘ Government Statistics ’

US Job Losses up to 5.5%… Biggest Jump Since 1986

Jun 6th, 2008 | By Marc | Category: Featured, Financial News

The US unemployment rate rose to 5.5% in May, the biggest jump since 1986.

The picture would be even bleaker were it not for controversial changes in statistical methodology at the US Department of Labor, says Dave Gonigam in The Daily Reckoning.

Slowly but surely, awareness is growing that government economic figures are being cooked.



CNN Calls BS on BLS

May 15th, 2008 | By Dave Gonigam | Category: Politics & Economics

This is getting interesting. The proposition that the government is fudging the major economic figures is starting to go mainstream.