Visualizing The Political Importance And Truthiness Of The Payroll Report
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