Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (47987)	4/5/2004 10:50:26 AM
From: AC Flyer	Read Replies (3) \| Respond to of 74559

>>AC the soft belly is jobs. Jobs can derail Bush. That's why the job figures have to appear good. But it is good in the numbers only!<< You don't have a clue, elmat. No-one is manipulating the jobs data, particularly not to help George Bush. The career bureaucrats who put the jobs data together are all members of one or other of the strongest labor unions in the country (e.g. afge.org and are likely predominantly Democrats. The jobs data can appear manipulated to those who don't take the trouble to learn how they are put together. There is no magic pixie dust that allows the BLS to publish actual employment data. There is however, a well-tested statistical sampling methodology that combines data from two ongoing surveys - the household survey and the establishment survey. This data is adjusted by various seasonal and other factors, including estimates of jobs lost through small business closings and jobs created by small business openings, which are not measured directly. We may well see an increase in job creation now, but that won't be the result of pro-George Bush manipulation. And no, I can not prove this, just as I can not prove that Americans are not being abducted by aliens, either.