MercoPress. South Atlantic News Agency
US unemployment down to 6.1% and the Dow Jones at 17.000 for first time
US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown. The unemployment rate dropped to 6.1%, its lowest level since September 2008. Read full article
Comments
Disclaimer & comment rulesHello is Tobi reading this?
Jul 04th, 2014 - 12:17 pm - Link - Report abuse 0I told Toby a few weeks ago there are “help wanted” signs everywhere I go. This confirms it.
Jul 04th, 2014 - 03:26 pm - Link - Report abuse 0These numbers mean nothing; they are lies and propaganda, created by government to lead the gullible to believe things are improving.
Jul 04th, 2014 - 10:29 pm - Link - Report abuse 0The Dow at 17,000 means very little when one remembers that the dollar is constantly being devalued by the government/banking system's continuous increasing of the quantity of money. $17,000 has much less purchasing power than it did 5, 10, 20, or more years ago, and the farther back you go, the less value today's money has, in comparison. Inflation would have to be taken into account to have any meaningful comparison to past market levels, and the official statistics on that are fraudulent.
The basis on which employment, inflation, etc. are calculated, is changed so often, and so many things that would make the numbers look worse, excluded, that today's statistics have no relation to those of the past, and any comparison is useless without the numbers being calculated by the same criteria.
To a degree you are correct....numbers alone are meaningless. Real indicators......go to any country in the world and pick up a newspaper...look at the help wanted ads, real estate for sale and store sale ads. Those will tell you more than government numbers. Bisley what US paper have you perused lately? May I suggest the Globe?
Jul 04th, 2014 - 10:54 pm - Link - Report abuse 0Still no Trolley-boy or Stevie Bedwettter? Not even Thinko-Pinko?
Jul 05th, 2014 - 05:31 pm - Link - Report abuse 0Wonder why?
I would agree with Bisley, the numbers played by our authorities are just a means of influencing consumer opinions, lies and propaganda. If to read carefully and analyze the data from various sources one will always find a lot of contradictions between what is happening and what is told to the citizens.
Jul 08th, 2014 - 12:54 pm - Link - Report abuse 0Jull from http://personalmoneyservice.com/
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