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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 01:03 PM
Original message
Interesting economic question...
Nouriel Roubini had this on his Facebook, "..employment fell 330K last month & labor force participation rate at 25yr low. How does that square with 150K jobs gain?"

I don't have the answer to that question.

Does anyone else?

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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 01:04 PM
Response to Original message
1. The two surveys are completely different. It could be statistical noise.
One surveys businesses, and one surveys households.
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 01:05 PM
Response to Original message
2. Oh my, did he just imply that the government might be lying to us?
Utterly shocking...
:eyes:
:kick: & R

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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 01:08 PM
Response to Reply #2
3. That's crap. There are two different surveys. The household survey is probably lagging.
This has happened a lot in the past.
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 01:42 PM
Response to Reply #3
4. LOL!
Riiiight...
"Everything you see, experience, and know is wrong, we're telling you the truth"
:rofl:

You guys are so damn funny...
:kick:

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