The Bureau of Languish Statistics

Once again Dr. Paul Craig Roberts, the former Assistant Secretary of the U.S. Treasury and Associate Editor of the Wall Street Journal, brings us the truth about our unemployment crisis and the deliberate efforts by the U.S. government’s Bureau of Labor Statistics to deceive gullible Americans.

“Statistician John Williams,” he begins, “calls the government’s latest jobs and unemployment reports ‘nonsense numbers.’

“There are a number of ongoing problems with the released jobs and unemployment numbers. For example, the concurrent-seasonal factor adjustments are unstable. The birth-death model adds non-existent jobs each month that are then taken out in the annual downward benchmark revisions. Williams calculates that the job overstatement through November averages 45,000 monthly. In other words, employment gains during 2012 have been overstated by about 500,000 jobs. Another problem is that each month’s job number is boosted by downside revision of the previous month’s number. Williams reports that the 146,000 new jobs reported for November ‘was after a significant downside revision to October’s reporting. Net of prior-period revisions, November’s seasonally-adjusted monthly gain was 97,000.’

“Even if we believe the government that 146,000 new jobs materialized during November, that is the amount necessary to stay even with population growth and therefore could not be responsible for reducing the unemployment rate from 7.9% to 7.7%. The reduction is due to how the unemployed are counted.

“The 7.7% rate is known as the ‘headline rate.’ It is the rate you hear in the news. Its official designation is U.3.

“The Bureau of Labor Statistics has another official unemployment rate known as U.6. The difference is that U.3 does not include discouraged workers who are not currently actively seeking a job. (A discouraged worker is a person who has given up looking for a job because there are no jobs to be found.) The U.6 measure includes workers who have been discouraged for less than one year. The U.6 rate of unemployment is 14.4%, about double the headline rate.

“The U.6 rate does not include long-term discouraged workers, those who have been discouraged for more than one year. John Williams estimates this rate and reports the actual rate of unemployment (known as SGS) in November to be 22.9%.

“In other words, the headline rate of unemployment is one-third the actual rate.

“The drop in the November headline rate of unemployment from 7.9 to 7.7 is due to a 20.4% increase in the number of short-term discouraged workers in November. In other words, unemployed people rolled out of the U.3 measure into the U.6 measure.

“Similarly, a number of short-term discouraged workers rolled out of the U.6 measure into John Williams’ measure that included all of the unemployed. Williams reports that …

– ‘ … with the continual rollover, the flow of headline workers continues into the short-term discouraged workers (U.6), and from the U.6 into long-term discouraged worker status at what has been an accelerating pace. The aggregate November data show an increasing rate of individuals dropping out of the headline (U.3) labor force.

“In other words, the headline rate of unemployment can drop even though the unemployed are having a harder time finding jobs.

“The U.S. government simply lowers the unemployment rate simply by not counting all the unemployed. We owe this innovation to the Clinton administration. In 1994 the Clinton administration redefined ‘discouraged workers’ and limited this group to those who are discouraged for less than one year, Those discouraged for more than one year are no longer considered to be in the labor force and ceased to be counted as unemployed.

“If the U.S. government will mislead the public about unemployment, it will also mislead about Syria, Iran, Iraq, Afghanistan, Libya, Somalia, Pakistan, Yemen, Lebanon, Palestine, Russia, China and 9/11. The government fits its story to its agenda.

“A government that wants to cut the social safety net doesn’t want you to know that the unemployment rate is 22.9%. A government that wants to cut the social safety net when between one-fifth and one- fourth of the work force is out of work looks hard-hearted, mean-spirited and foolish. But if the government reports only one-third of the unemployed and presents that rate as falling, then the government can present its cuts as prudent to avoid falling over a ‘fiscal cliff.’

“If the ‘free and democratic’ Americans cannot even find out what the unemployment rate is, how do they expect to find out about anything?” –

Dr. Roberts’ last sentence says it all. Those in control of this country’s destiny feed lie after lie to the superficially educated American people who believe anything and everything presented by the government controlled mainstream media.

Their objective, of course, is to prevent us from rocking the boat – from lousing up their agenda. – an agenda that has been rolling along uninterruptedly and profitably for several decades.

Deliberate unemployment is the agenda – a carefully planned scheme. It will continue to get worse, and the government will continue to present an improving economy and diminishing numbers of unemployed to the public. For the 120,000 youngsters entering the job market every month, however, the only job opportunities available – surprise, surprise! – are to be found in the military.

Such an opportunity! Maybe a war or two, then back home where it’s comfortable, they’re told.

Comfortable? PTSD “back home” is why 18 returning vets commit suicide every day.