Blog Smith: Labor Numbers, What a surprise: Chicago style numbers fudging

Friday, October 5, 2012

Labor Numbers, What a surprise: Chicago style numbers fudging

In the month just previous to a contested election the unemployment figure, unchanged for 43 months, drops dramatically.

What is mysterious is the fact that there is the divergence in the two surveys done by the Labor Department.

The Household Survey showed a gain of 873,000 people employed in September - resulting in the surprise drop in the unemployment rate - while the Establishment Survey only showed a rise of 114,000.

The total employment figure is the highest one-month jump in 29 years.

I guess we are expected to believe that in one month people suddenly all found jobs.

At least two economists at the Bureau of Labor Statistics (BLS) have contributed to Obama’s campaign. Harley Frazis of Bethesda, MD, has contributed at least $2,000 to Obama and $9,000 to the Democratic National Convention over the last three election cycles. Stephen Phillips of Washington, D.C., has contributed at least $270 to Obama during the 2012 cycle.

The broader U-6 rate — which takes into account part-time workers who want full-time work and lots of discouraged workers who have given up looking — stayed unchanged at 14.7%.

Reading since summer 2006 (some of the classics are re-reads): including magazine subscriptions

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Infostor: The Leading Source for Enterprise Storage Professionals;
Infrastructure Insite: Bringing IT Together;
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McNamara, Patrick, Science and the World's Religions Volume 2: Persons and Groups (Brain, Behavior, and Evolution);
McNamara, Patrick, Science and the World's Religions Volume 3: Religions and Controversies (Brain, Behavior, and Evolution);
Meacham, Jon, American Lion: Andrew Jackson in the White House;
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Security Technology & Design: The Security Executive's Resource for Systems Integration and Convergence;
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Sumner, Graham, Roman Military Clothing (2) AD 200-400;
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Swanston, Malcolm, Mapping History Battles and Campaigns;
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Tech Briefs: Engineering Solutions for Design & Manufacturing;
Tech Net: The Microsoft Journal for IT Professionals;
Tech Partner: Gain a Competitive Edge Through Solutions Providers;
Technology & Learning: Ideas and Tools for Ed Tech Leaders;
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Unterberger, Richie, The Unreleased Beatles Music & Film;
VAR Business: Strategic Insight for Technology Integrators:
Virgil, The Aeneid
Virtualization Review: Powering the New IT Generation;
Visual Studio: Enterprise Solutions for .Net Development;
VON Magazine: Voice, Video & Vision;
Wall Street Technology: Business Innovation Powered by Technology;
Wallace, Robert, Spycraft: The Secret History of the CIA's Spytechs, from Communism to al-Qaeda;
Wang, Wallace, Steal This Computer Book 4.0: What They Won’t Tell You About the Internet;
Ward-Perkins, The Fall of Rome and the End of Civilization;
Warren, Robert Penn, All the King's Men;
Wasik, John F., Cul-de-Sac Syndrome: Turning Around the Unsustainable American Dream;
Weber, Karl, Editor, Lincoln: A President for the Ages;
Website Magazine: The Magazine for Website Success;
Weiner, Tim, Enemies: A History of the FBI;
Weiner, Tim, Legacy of Ashes: The History of the CIA;
West, Bing, The Strongest Tribe: War, Politics, and the Endgame in Iraq;
Wharton, Edith, The Age of Innocence;
Wilcox, Peter, Rome's Enemies (1) Germanics and Dacians;
Wise, Terence, Armies of the Carthaginian Wars 265 - 146 BC;
Wissner-Gross, What Colleges Don't Tell You (And Other Parents Don't Want You To Know) 272 Secrets For Getting Your Kid Into the Top Schools;
Wissner-Gross, What High Schools Don't Tell You;
Wolf, Naomi, Give Me Liberty: A Handbook for American Revolutionaries;
Wolf, Naomi, The End of America: Letter of Warning to a Young Patriot;
Woodward, Bob, Plan of Attack;
Woodward, Bob, The Agenda: Inside the Clinton White House;
Wright, Lawrence, The Looming Tower: Al-Qaeda and the Road to 9/11;
Wright-Porto, Heather, Beginning Google Blogger;
Xenophon, The Anabasis of Cyrus;
Yergin, Daniel, The Prize: The Epic Quest for Oil, Money, & Power;