Tag Archives: BLS

Unemployment rate rises to 8.3% – again

The Bureau of Labor Statistics carefully wordsmithed today’s release of the July Employment Situation Report which showed that unemployment has hit 8.3% again despite a shrinking American workforce. To downplay the alarming jobs news, the BLS used phrases like “essentially unchanged” to describe the increase in the most recognized measure on the health of the… Read More »

81,000 More Americans Out of Work in May – Analysis and Graphs

“The jobs recovery has taken a step backward,” – Patrick O’Keefe,  former deputy assistant secretary for the Labor Department. While the Obama administration downplays the seriousness of the May jobs report, drilling into the numbers shows a much bleaker jobs situation and trend than the President would like to admit. A situation even darker for… Read More »

U/E Rate Makeover Can’t Hide America’s Beans and Rice Economy

America’s denial of economic reality continued this week with the posting of job growth numbers that are inflated due to the removal of over 4 million out of work Americans in the baseline figures of “worker participation rates.” Please see John Ransom’s article here for some harsh truths as to just how the unemployment numbers… Read More »