Is the Labor Department Lying About Unemployment?

Anyone who is actually on the ground trying to find a job knows that the American job market is bleak. But the statistics coming from the Labor Department (with the help of the Census Bureau) are not quite as dismal as reality: This Friday, the Labor Department will announce job growth and the unemployment rate for April and — drum roll, please — it probably won’t look as ugly as the GDP. That’s because Labor uses trick statistics when it gives a picture of the springtime job market. Read more […]