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  • Strange Comparison of Unemployment Numbers. 1 comment
    Jan 1, 2011 3:52 AM
    The Weekly Unemployment Reports of;
    Last week of December 2009
    versus
    Last week of December 2010

    Last year's SA (seasonally adjusted) number for this week was 454,000 and NSA (non seasonally adjusted) was 556,000. That was a SA of -18.3%.

    This years SA number for this week is 388,000 and the NSA is 521,000.
    That is a SA of -25.5%.

    This does not make much sense since it shows that the actual numbers are lower than last year's, but not by very much. Yet the reporting of the numbers is twisted to make it appear much lower, due to the huge seasonal adjustments that the Department of Labour is using.

    Do they think that we are stupid?
    Do they actually think that this will not be noticed?
    If it is noticed, will people care? This is the crux of the matter, is it not? Just blatantly fudge the numbers since no one seems to care anyway!

    Welcome to the new "fraudulent" normal.
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  • TeresaE
    , contributor
    Comments (3041) | Send Message
     
    Do they think that we are stupid?

     

    Yes, yes they do. Actually, they have a couple decades of proof to back them up. "We" ARE that stupid.

     

    Do they actually think that this will not be noticed?

     

    Yep again. And, not amazingly, it wasn't!

     

    If it is noticed, will people care? This is the crux of the matter, is it not? Just blatantly fudge the numbers since no one seems to care anyway.

     

    Nope, not until the "people" you speak of are one of the numbers. Then it is too late.

     

    Just goes to prove a few truisms.

     

    1. Bread and circuses DO work to lobotomize the masses.

     

    2. When my neighbor loses his job, its a recession. When I lose mine, its a depression.

     

    I just try to keep in mind that for close to 20 million Americans (plus their dependents) we are in a full blown depression.

     

    No matter what the talking heads and BLS tell us.
    4 Jan 2011, 02:27 PM Reply Like
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