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Cicada

(4,533 posts)

24. Here is why it is discordant

Reply to tritsofme (Reply #21)

Sat Jun 6, 2020, 03:27 AM

Jun 2020

No one initially noticed a footnote explaining a problem in how staying home because of virus is classified. The report footnote explained the “real” unemployment rate is actually more than three percent higher. This issue in how “home because of virus” is classified first arose in March and DOL is working on how Best to correct this misclassification. A former Obama official explained how this classification issue has zero percent chance of being due to a decision to mislead to benefit Trump. So your instinct of something being off was 100% right. The idea that it was due to Trumpduggery is wrong. https://www.washingtonpost.com/business/2020/06/05/may-2020-jobs-report-misclassification-error/?utm_medium=social&utm_campaign=wp_main&utm_source=twitter

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26 replies

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Cooking the numbers [View all] Proud liberal 80 Jun 2020 OP

That was my first thought idziak4ever1234 Jun 2020 #1

Exactly. moondust Jun 2020 #2

Yes. Something totally amiss here. Economists Laura PourMeADrink Jun 2020 #3

I think Radner's point is that Claustrum Jun 2020 #4

And there's also the effect of the "enhanced" unemployment Laura PourMeADrink Jun 2020 #8

somebody on Twitter said that furloughed octoberlib Jun 2020 #5

That's interesting. Even if their employer didn't really Laura PourMeADrink Jun 2020 #9

Yep. If they're furloughed they haven't been octoberlib Jun 2020 #11

Maybe they didn't adjust for non-farm Bettie Jun 2020 #6

You mean adjust when they predicted? Laura PourMeADrink Jun 2020 #10

Generally, they adjust for seasonal workers Bettie Jun 2020 #15

I know! Delphinus Jun 2020 #7

Yeah the numbers look like total BS and contradict earlier reports this week. lark Jun 2020 #12

No one can cook Dept Labor job stats Cicada Jun 2020 #13

And you think trump wouldn't Proud liberal 80 Jun 2020 #14

Too many documents must match Cicada Jun 2020 #16

"DOL would refuse to lie!" - hahahahaha! lagomorph777 Jun 2020 #20

No. Former Obama official say you are zero percent likely to be correct on motive Cicada Jun 2020 #22

I don't think former officials have any idea how much damage Turd has done to agencies. lagomorph777 Jun 2020 #26

Oh, please. Millions of payroll reports mean nothing. lagomorph777 Jun 2020 #19

No. Cicada Jun 2020 #23

It's Still 13+% ProfessorGAC Jun 2020 #17

I have been having the same suspicion. Just too wildly discordant from expectatiopns. lagomorph777 Jun 2020 #18

The BLS is staffed by career professionals, they are not Trump lackeys. tritsofme Jun 2020 #21

Here is why it is discordant Cicada Jun 2020 #24

I believe you have responded to the wrong post. tritsofme Jun 2020 #25