Trend Alert:The Official Unemployment Rate; an “Official” Lie By Paul Craig Roberts

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Kingston, NY, February 8, 2011 —  Do you believe Friday’s government report that the unemployment (U.3) rate fell last month from 9.4 percent to 9.0 percent?  How could the rate decrease when January only saw a reported increase in payroll employment of 36,000 jobs when some 150,000 new jobs are needed to be created each month just to stay even …

eHeziTrend Alert:The Official Unemployment Rate; an “Official” Lie By Paul Craig Roberts

Gerald Celente’s Trend Alert: Market Self-Deception Continues on the Flimsiest of Excuses BY Dr. Paul Craig Roberts

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Kingston, NY, September 9, 2010 — A statistically meaningless increase in August private sector jobs data “eased recession concerns,” Bloomberg reported on September 3.  Private sector jobs gains came in 27,000 above the consensus forecast of 40,000. We see the touted jobs gain as nothing but statistical noise.  The Bureau of Labor Statistics' (BLS) 95 percent confidence interval in reporting …

eHeziGerald Celente’s Trend Alert: Market Self-Deception Continues on the Flimsiest of Excuses BY Dr. Paul Craig Roberts