One of many ways the BLS lies to you.

Daryl Montgomery from ETFguide.com wrote an interesting article on how the Bureau of Labor Statistics lies about the unemployment numbers.  He says that the headline unemployment number should be 9.6% instead of the government reported 8.5%.  The bottom line is that the economic recovery is a lie.  There will be a double dip recession in 2012.

The article is short.  It should only take you 5 minutes to read.

http://www.etfguide.com/research/747/23/The-Art-of-Statistical-Manipulaton–The-December-Jobs-Report/

(Hat tip to Mike for the article link)

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Published in: on January 9, 2012 at 1:08 pm  Leave a Comment  

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