Jobs report secret outed – more part time, less full time
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Sounded like a good jobs report last Thursday. +288k jobs created in June. Well, of course that’s before people like Mish started digging into the numbers. It seems that 500k+ full times were lost and over 600k+ people left the … Continue reading

Lies and Statistics: Federal Debt Doesn’t Grow For Seventy Whole Days?
Bill Quick

70 Straight Days: Treasury Says Debt Stuck at Exactly $16,699,396,000,000.00 | CowboyByteCowboyByte According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days. … Continue reading

A Reality Check from Shadowstats.com
Bill Quick

Alternate Unemployment Charts The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which … Continue reading