Nobody goes out and does a nose count to figure out the unemployment rate. To simplify things somewhat, this is accomplished by drawing samples, making certain assumptions, and running the numbers through statistical modeling algorithms to arrive at the number that is promulgated.
In the US, this number is calculated by the Bureau of Labor Statistics, the US Department of Labor.
This is a highly politicized number. There are others that are also politicized such as the inflation rate, non-farm payrolls, and GDP. It is not hard to imagine an administration applying pressure on these agencies to produce numbers that suit the administration’s purposes. In fact the story, possibly apocryphal, is told of President Lyndon Johnson sending preview copies of economic statistics back to the agencies that produced them repeated times until they got those numbers “right.” Then they were released to the public.
It is reasonable to assume that goes on today.
More on page two.
sure it’s a lie, there so many people out of work it’s crazy and there’s jobs but nobody wants those lower paying job they’d rather be taken care of
Does Not Compute.More Lies To Make Obozo Look Good
RIGHT
Sure, unemployment dropped because people gave up and went on welfare.
the Feds and truth ?
The numbers are fixed and the jobs counted include part time workers it’s all a bunch of b******t so Odummer can look like he did something!
It’s called common core math
treason by reporting lies as truth. try those responsible and maybe the next group will report truthfully.
Can’t trust the reports because they drop you off after you quit receiving unemployment checks. Know there a lot more unemployed then the government wants you to know about. Live in a small town and have seen factory torn down in my city and other around us not Litt factory but one’s that were big and ran a long time. Check out all the stores everything is made out of the USA anymore
They ” miss spoke” !