More BS from the BLS Just as the unemployment rate is understated, so is the Consumer Price Index

The Official Unemployment Rate; an “Official” Lie

By Guest Column Gerald Celente—— Bio and Archives--February 8, 2011

American Politics, News | Comments | Back To Full Article

KINGSTON, NY, 8 February 2011 — Do you believe Friday’s government report that the unemployment (U.3) rate fell last month from 9.4 percent to 9.0 percent? How could the rate decrease when January only saw a reported increase in payroll employment of 36,000 jobs when some 150,000 new jobs are needed to be created each month just to stay even with population growth?

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