Visualizing The Political Importance And Truthiness Of The Payroll Report

Tyler Durden's picture

With the current lackluster economic trends and job outlook, unemployment and salary figures are tossed around left and right; figures can make or break a politician's career. The Non-Farm Payroll report supplies these numbers, and its monthly findings impact global economic performance expectations - but its reporting (as we have been vociferous about) on unemployment rates and job outlook are skewed to paint a falsely healthy picture of the economy. The followng info-graphic sheds more light how the 'official' unemployment figures are much lower than they really are.

 

Source: Bank of the Internet