5/03/2012

Are there systematic biases in the jobs numbers?



Is there really a conspiracy in how the jobs numbers are put together?  In the past, I have expressed doubt in such claims, but the odds of such consistent errors seems to be becoming more and more remote (see here).  From the WSJ:

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posted by John Lott at 9:24 AM

1 Comments:

Anonymous Anonymous said...

I've questioned for some time if the numbers weren't cooked. I think it all comes down to Methods of Perceived Economics. They are in the business of spin and I think they are actively spinning the numbers so that people "feel" okay.

The revisions, the not counting of those who give up looking, etc is to me a form of manipulation.

5/03/2012 3:34 PM  

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