Unemployment rate, July 2, 2010, US Labor Dept, June unemployment rate 9.5 percent??
“The past is whatever the records and the memories agree upon.
And since the party is in full control of all records, and in
equally full control of the minds of it’s members, it follows
that the past is whatever the party chooses to make it. Six
means eighteen, two plus two equals five, war is peace,
freedom is slavery, ignorance is strength.”…George Orwell, “1984”
I am not a rocket scientist.
However, I started out as a math major, I am from NC, I have an excellent built in BS detector and a pretty good decoder ring.
What kind of “fuzzy math” or Orwellian algorithm is the Federal Government using?
The so called unemployment rate on June 30, 2010 was stated as 9.7%.
On June 30, 2010 we learn
On July 1, 2010 we learn
We know that hundreds of thousands of high school and college graduates entered the job market in May and June of 2010.
Today, July 2, 2010, we are told this
Now read this opening statement from the US Labor Dept. News Release, July 2, 2010.
“THE EMPLOYMENT SITUATION – JUNE 2010
Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged
down to 9.5 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment
reflected a decrease (-225,000) in the number of temporary employees working on Census 2010.
Private-sector payroll employment edged up by 83,000.”