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Time to Remove the "L" from "BLS"
Time to Remove the "L" from "BLS"
For seven consecutive months the Bureau of Labor Statistics (BLS) has revised downward, prior job loss data. The New York Times mentioned this on March 6 in Will Job Numbers Keep Being Revised Down? Robert Barbera, the chief economist of ITG, points out a more disturbing trend: The Labor ...
Part Time for Economic Reasons Hits 9 Million
Part Time for Economic Reasons Hits 9 Million
calculatedriskblog.com — From the BLS report : In March, the number of persons working part time for economic reasons... (some-times referred to as involuntary part-time workers) climbed by 423,000 to 9.0 million. Click on graph for larger image in new window. Not only has ... (more) Part Time for Economic Reasons Hits 9 Million
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Time to Remove the "L" from "BLS"
IEHI Feed: The Hedge Fund Implode-o-MeterTime to Remove the "L" from "BLS" (blogspot.com) Search Enter your search terms Web HF Submit search form 2009-04-04 "In short, the BLS model is horribly wrong at economic turns. We have been in recession for a year and a half, and the BLS is clearly using a historical model from a non-recessionary period as its guide." ...

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