* The economy would have to be growing at breakneck speed for unemployment to drop a half percent in two months.
* Overall employment level, which is 143 million people today, compared with 146 million people in 2007.
* Details ways in which BLS surveying can manipulate (misinterpret data) - Even a full page in their handbook is dedicated to the ways in which this can occur.
* Funny Paragraph: 'The Obama campaign and its supporters, including bigwigs like David Axelrod and Robert Gibbs, along with several cable TV anchors, would like you to believe that BLS data are handled like the gold in Fort Knox, with gun-carrying guards watching their every move, and highly trained, white-gloved super-agents counting and recounting hourly.'
* There were no economists, liberal or conservative, predicting that unemployment in September would drop below 8%.
* Tweet: Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers.
* New York Times: 7.8% figure is a "statistical fluke"
* Election: Too important to be decided upon a (wrong) number.
* 'Bottom line: To suggest that the input to the BLS data-collection system is precise and bias-free iswell, let's just say, overstated.'
Jack Welch: I Was Right About That Strange Jobs Report - WSJ.com
* Overall employment level, which is 143 million people today, compared with 146 million people in 2007.
* Details ways in which BLS surveying can manipulate (misinterpret data) - Even a full page in their handbook is dedicated to the ways in which this can occur.
* Funny Paragraph: 'The Obama campaign and its supporters, including bigwigs like David Axelrod and Robert Gibbs, along with several cable TV anchors, would like you to believe that BLS data are handled like the gold in Fort Knox, with gun-carrying guards watching their every move, and highly trained, white-gloved super-agents counting and recounting hourly.'
* There were no economists, liberal or conservative, predicting that unemployment in September would drop below 8%.
* Tweet: Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers.
* New York Times: 7.8% figure is a "statistical fluke"
* Election: Too important to be decided upon a (wrong) number.
* 'Bottom line: To suggest that the input to the BLS data-collection system is precise and bias-free iswell, let's just say, overstated.'
Jack Welch: I Was Right About That Strange Jobs Report - WSJ.com