Friday, October 2, 2009

Unemployment Numbers: Worse than expected...Better than Reality?

Whenever government data comes out, there are numerous research institutions that pull the numbers apart and present data that is significantly different than the government reported, but the numbers suggested by the following three articles are so far askew from the government reported numbers, I can only scratch my head and wonder, what is real? I will do more investigation and share my findings over the next couple weeks.

From Jim Quinn at The Burning Platform: The Plan is Unraveling-Unemplyment Figures are a Fraud.
http://theburningplatform.com/groups/quinns-daily-dose-of-reality/discussions/the-plan-is-unraveling-unemployment-figures-are-a-fraud

From Mish Shedlock at Global Economic Trend Analysis: Huge Downward Jobs Revisions Coming.
http://globaleconomicanalysis.blogspot.com/2009/10/huge-downward-jobs-revisions-coming.html

From Barry Ritholtz at The Big picture: The More You Dig Into the Numbers, the Worse They Get.
http://www.ritholtz.com/blog/2009/10/the-more-you-dig-into-the-numbers-the-worse-they-get/

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