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Re: Unemployment Rate report "misclassification' error' by current WH regime

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You're kidding right?  Even Jason Furman turned against Krugman on this one.

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Re: Unemployment Rate report "misclassification' error' by current WH regime

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Peter 758:  Krugman is the worst economist on the planet. He proves it with these posts. Talk about manipulating the numbers....laughable. 

 

 

What's laughable is how conservatives say he's a horrible economist because he's been correct time after time. It infuriates them.

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Unemployment Rate report "misclassification' error' by current WH regime

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New numbers from the U.S. Labor Department Friday surprised economists when the jobless rate dropped from 14.7 percent in April to 13.3 percent in May. But there was a note on the official report called a “misclassification error” that makes last month’s unemployment rate up to three points higher.

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Re: Unemployment Rate report "misclassification' error' by current WH regime

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Message 4 of 16
Krugman is the worst economist on the planet. He proves it with these posts. Talk about manipulating the numbers....laughable.
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Re: Unemployment Rate report "misclassification' error' by current WH regime

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So, the bottom line here is no conspiracy before or now.  The numbers are reported this way.  If you want the numbers reported another way the rates would have been higher since the pandemic unemployment started.  Either way the numbers have improved faster than expected.  Good news!  **bleep**, some of have the ability to make good news bad in a big way.

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Re: Unemployment Rate report "misclassification' error' by current WH regime

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@sunluvngal wrote:
@afisherI went to your link and got an ad that said i had to "subscribe" to read it. I don't do that. 😉 So i was unable to read your article that was posted to "correct the lies by the current WH regime". I like to check things out for myself, see who's sayin' what, ya know? So, I tried to "read" both sides...other than what you chose to post, that is. *shrugs*

Here is a link to the same article at MSN.  No subscription necessary.

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Re: Unemployment Rate report "misclassification' error' by current WH regime

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Funny that we always have trump administration figures versus reliable source figures...always seems to be a notable gap between them!

And it seems that S Moore is a hack, and memory says that he was denied a seat on the Federal Reserve Board. 
And Krugman has historically been more correct than regressives want to admit. 

 

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Re: Unemployment Rate report "misclassification' error' by current WH regime

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The WH regime .... the same alternate fact calculators who determined, with zero substantiation and massive evidence otherwise, that there were more people in attendance at Trump's inauguration than President Obama's!

 

 

DUMP TRUMP AND DITCH MITCH TO MAKE AMERICA GREAT AGAIN!!!
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Re: Unemployment Rate report "misclassification' error' by current WH regime

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@afisher I went to your link and got an ad that said i had to "subscribe" to read it. I don't do that. 😉 So i was unable to read your article that was posted to "correct the lies by the current WH regime". I like to check things out for myself, see who's sayin' what, ya know? So, I tried to "read" both sides...other than what you chose to post, that is. *shrugs*
You can lead a Liberal to knowledge, but you can't make'em THINK! 😞
Trump 2020!!!
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Re: Unemployment Rate report "misclassification' error' by current WH regime

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Message 10 of 16

ROFLMAO - remember when the RW kept screaming about unemployment under another administration - they cared not a whit about the U3 , they claimed it was a useless measurement.   May U6 is @ 21.2....now wait for them to squeal ,

PRO-LIFE is Affordable Healthcare for ALL .
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