Can you trust the Labor Dept’s jobs number? The unemployment numbers are likely wrong, probably because the BLS’s methodology is out of date after the changes in the economy the last 30 years. For instance, “…the US economy was built on housing for years and years, and this time those jobs aren’t coming back…” The BLS model needs to be tweaked to account for that. Whatever the problem, the current administration appears clueless to fix it.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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