9% Unemployment Rate is a Statistical Lie Information Clearing House: ICH: "February 07, 2011 'USAWatchdog'The Bureau of Labor Statistics (BLS) released the latest unemployment figures last Friday. There was a stunning drop to 9% from 9.4%. How did that happen? Is the economy really getting better or is the government up to its old statistical tricks. According to the mainstream media, the economy is getting better and the so-called recovery is alive and well. Here’s how the Associated Press reported the story, “The unemployment rate is suddenly sinking at the fastest pace in a half-century, falling to 9 percent from 9.8 percent in just two months — the most encouraging sign for the job market since the recession ended. More than half a million people found work in January. A government survey found weak hiring by big companies. But more people appear to be working for themselves or finding jobs at small businesses.” (Click here for the complete AP story.)
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