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timber1956

7,423 Posts.

152

07/10/14

15:37

Post #: 14087024
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Originally posted by radson72 ↑

Give me strength but I was kind of skeptical of those numbers and thought I would check out the Bureau of Labor Statistics. Yeah so its a quiet day at work.

http://www.bls.gov/news.

If you open up the PDF attached to the Oct 3 announcement, I looked up employment for 55 years and older and whooa...let me say that I would love to know how they think that 90% of jobs went to these guys.

Also...

Over the past 12 months, the number of long-term
unemployed is down by 1.2 million. (See tables A-11 and A-12.)
The civilian labor force participation rate, at 62.7 percent, changed little in September. The
employment-population ratio was 59.0 percent for the fourth consecutive month. (See table A-1.)

All fascinating stuff of course

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Support for Radison...

BIS do get their data right, even if they are not that good at reading it (IMHO). I would certainly trust them before KingWorldNews (who seem to exist for the sole purpose of scaring the naive into buying their over priced gold coins).
3 Upvote

0 Great analysis

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