That the Bureau of Labor Statistics cooks the books in the way that they report unemployment is no surprise to those paying attention. So I’m not touting this news from last Friday’s report. What is newsworthy though, is that the media is not saying a word about it like they (and former Labor Secretary Robert Reich) did religiously, every Friday, while Barack Obama was in The White House.
Instead, they’re talking about Trump’s low poll numbers. (Everyone knows how they make and use poll numbers, and how Hillary was going to win, until she lost.) They’re hyping that, they’re hyping other irrelevant stuff like the ‘first 100 days’ and the Georgia special election for Tom Price’s Dist. 6 seat.
Not a peep about Friday’s report, that says . . .
The national unemployment rate declined by 0.2 percentage point from February to 4.5 percent and was 0.5 point lower than in March 2016.
The U-6, the best government numbers on real unemployment, is down .6% in March 2017 from February 2017. And down a full percentage point in March 2017 to 8.9% compared to 9.9% in March 2016.
So while the media is excited to report about Trump’s so-called unfulfilled campaign promises, isn’t it weird how they miss this one?
Link: STATE EMPLOYMENT AND UNEMPLOYMENT — MARCH 2017 | THE EMPLOYMENT SITUATION — MARCH 2017
