What is the REAL unemployment rate?
And remember what Trump said on the campaign trail (rightly, IMO):
'Donald Trump Calls Unemployment Rate One of the "Biggest Hoaxes in Politics"'
Donald Trump Calls Unemployment Rate One of the "Biggest Hoaxes in Politics"
With 90% confidence between 3.5% and 3.9%
Using the BLS and ILO definitions.
"Just one month before the 2012 election, the Obama campaign received a major illegal campaign contribution from the Commerce Department. The Department’s Bureau of Labor Statistics (BLS) reported on October 5, 2012 that the nation’s unemployment rate suddenly dropped sharply over the prior month, from 8.1% to 7.8%. That supposedly ended the longest period in the nation’s history with unemployment over 8%, except for the Great Depression, which occurred under President Obama.
Just before the election. How convenient."
Did The BLS Give Obama A Major Election 2012 Gift?
Sooo......you believe Trump won the election via collusion with Putin, too?
“Just two years before the Presidential election, the Census Bureau had caught an employee fabricating data that went into the unemployment report….And a knowledgeable source says the deception went beyond one employee – ..."
Ibid.
Wise up.
INVESTIGATIVE REPORT
U.S. Census Bureau
Unsubstantiated Allegations that the Philadelphia Regional Office Manipulated the Unemployment Survey Leading up to the 2012 Presidential Election to Cause a Decrease in the National Unemployment Rate
From the executive summary: “Addressing allegations raised in the media, we found no evidence that the national unemployment rate was manipulated by staff in the Philadelphia Regional Office in the months leading up to the 2012 presidential election. To accomplish this, our analysis concluded that it would have taken 78 Census Bureau Field Representatives working together, in a coordinated way, to report each and every unemployed person included in their sample as “employed” or “not in labor force” during September 2012, an effort which likely would have been detected by the Census Bureau’s quality assurance procedures. Moreover, our analysis shows that the drop in the unemployment rate at that time is consistent with other indicators, including payroll estimates by Moody’s Analytics and Automatic Data Processing (ADP).”
And let’s look at the change in context:
The October change doesn’t look odd now, does it?