Tag Archives: AKA The Slog

John Ward – Obama’s US Unemployment Lies : New Data Vindicate Slog’s Desperate Unemployment Analysis – 8 April 2012

YOU READ IT HERE FIRST…

Last February 4th, I ran a piece about a ‘fall’ in the US Labor Department’s unemployment levels – the ‘non-farm payroll data’. At the time, I wrote this:

‘Take, for example, the so-called ‘broken community’ effect. This pertains when somewhere dedicated to one business – like Detroit – goes south. Almost everyone loses their job in the region, as the American global share of car sales plummets. The outlook appears to be hopeless, so many workers simply stop looking for a job. Stop looking, and you slip off the unemployment figures. You’re still jobless, but you’re not officially jobless.’ Continue reading