September 11, 2012

More Hokum From US Dept. of Labor

[From article]
By contrast, Labor’s initial numbers come from guesses, coin tosses and Ouija board-like estimates.
From here on I’ll christen the Preliminary Benchmark Revision the “Oops Report” — and in it Labor will ’fess up that all the jobs it thought had been created really hadn’t been. Many of those 2 million jobs Obama can now brag about could evaporate in an Oops moment.
Keep in mind that even if that 2 million jobs gain holds up, the country is still down some 6 million jobs since the peak employment levels of 2007. All the president has to do, of course, is ignore that fact.

http://www.nypost.com/p/news/business/labor_pains_jobs_figures_could_get_YLLjYyrYPyu8Yz9B3iFI3H

Labor pains: Jobs figures could get worse
John Crudele
New York Post
Last Updated: 12:50 AM, September 11, 2012
Posted: 12:50 AM, September 11, 2012

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