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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

 


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Tue, 09/04/2012 - 22:31 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Become a butler. And learn Chinese

Tue, 09/04/2012 - 22:34 | Link to Comment Silver Bug
Silver Bug's picture

Trades are the only jobs in strong demand where I live.

 

http://jimrickards.blogspot.ca/

Tue, 09/04/2012 - 22:43 | Link to Comment Ahmeexnal
Ahmeexnal's picture

The US today is ruled by an oligarchy of private interests. The US government is not very independent of the powerful interest groups that fund political campaigns. The US ceased being a democracy during the Clinton administration.

Paul Craig Roberts

Tue, 09/04/2012 - 22:50 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Personally, I'm looking forward to hearing about the debaucherous lives of the idle super-rich. 

Wed, 09/05/2012 - 00:29 | Link to Comment blunderdog
blunderdog's picture

I wonder how much they'd make if all 10,000 of 'em on Earth just got together and started their own 100% 24x7 reality-teevee channel.

Er...wait, did they?

Wed, 09/05/2012 - 04:33 | Link to Comment Problem Is
Problem Is's picture

The US ceased being a Republic...

when JFK took bullets to the head and the CIA=Wall Street  took over for good...

Wed, 09/05/2012 - 07:26 | Link to Comment Watauga
Watauga's picture

JFK was assassinated because he and his low-life brother RFK reneged on the deal they and daddy had made with the mob way back.  The election of 1960 was a stolen by the mob for Kennedy when he and his entourage (daddy and RFK in particular) agreed to be hands off organized crime.  Instead, RFK saw political hay to be made by going after the mob, and wouldn't you know it, the mob made both brothers pay for it.  Now, were the mob boys just stooges for the CIA?  Were the Cubans also involved as revenge for JFK's gutless sell-out at thet Bay of Pigs?  Were the Soviets involved as payback for the Missile Crisis (wholly created by Kennedy through incompetence)?

The US ceased being a republic in 1861, and the writing was on the wall decades before that. 

Tue, 09/04/2012 - 22:36 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Thank God for the seasonal adjustments by the Bullshit & Lies Statisticians, or we'd be in an unholy Depression!

And thank God for the near-50 million who can swipe their 100% deficit-funded, JP Morgan 'administered' (for billions in annual "fees") EBT cards, or we might even see long soup lines!


#ConfidenceGames&PonziSchemes

Tue, 09/04/2012 - 22:38 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Soup lines would create good jobs for many soup-dishers. 

Tue, 09/04/2012 - 22:43 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Broken soup bowls fallacy, homefry.

 

*But it works for Paul "I have really, really low standards" Krugman, Ph.D

Tue, 09/04/2012 - 22:35 | Link to Comment LMAOLORI
LMAOLORI's picture

 

This really is a valid question 

Are Americans Better Off Than They Were Four Years Ago?

 

Tue, 09/04/2012 - 23:04 | Link to Comment Daily Bail
Daily Bail's picture

Best news of the day, by far.

Debt-swap fraud is not forgiven in 3, 2, 1...

INTERPOL: Judge Orders Extradition And Arrest Of Former U.S. Treasury Undersecretary David Mulford
Tue, 09/04/2012 - 23:34 | Link to Comment Real Estate Geek
Real Estate Geek's picture

Cristina's trying to distract the natives from how badly she's screwed up the economy.  She's been getting uppity with the Brits lately, too. 

Tue, 09/04/2012 - 23:44 | Link to Comment TruthInSunshine
TruthInSunshine's picture

LMFAO!!! Great work, Daily Bail!

 

MUST SEE - Gold Stupidity From TV Reporter "Since gold is not backed by anything, compared to the U.S. dollar which is backed by the Federal Reserve..."
Wed, 09/05/2012 - 04:37 | Link to Comment schatzi
schatzi's picture

Wow, that's just sad.

Tue, 09/04/2012 - 22:37 | Link to Comment Atomizer
Atomizer's picture

 

 

Corporate Net Cash Flow (CNCF) 

Uncle Ben, milk my teats, we’re going dry over here

 

Yo Yays gots ta lubricate muh motha fuckin nips an' anal cavity ta drum up das voter’s what 'chew trippin foo'

Tue, 09/04/2012 - 22:47 | Link to Comment ebworthen
ebworthen's picture

Oooh, some nice charts under "milk my teats..." 

TY

Tue, 09/04/2012 - 22:39 | Link to Comment vertexa
Tue, 09/04/2012 - 22:44 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Lego Chief Executive Jørgen Vig Knudstorp signaled deep concern about the U.S. toy market on Friday even after the iconic Danish toy maker reported a solid first-half performance.

Mr. Knudstorp, a 10-year veteran of the toy industry, said clouds have already formed over the U.S. toy market: “These six months have been the most negative toy market that I have seen in the U.S…so that worries us.”

http://online.wsj.com/article/SB1000087239639044491490457762296227357343...

Tue, 09/04/2012 - 23:31 | Link to Comment Ahmeexnal
Ahmeexnal's picture

Yeah, well the past six months have also been the worst negative market for abacii and mechanical typwriters.  Mr. Knudstorp ought to take a step into the 21st century sometime. 

Wed, 09/05/2012 - 00:31 | Link to Comment blunderdog
blunderdog's picture

Fuck 'em.  Kids are stupid, they'll play with pebbles and string. 

The children are the future.

Wed, 09/05/2012 - 06:06 | Link to Comment I am Jobe
I am Jobe's picture

Blame the inbred fucks in the USSA. Nuf said

Tue, 09/04/2012 - 23:01 | Link to Comment toady
toady's picture

You're young and you got your health, what would you want with a job?

Tue, 09/04/2012 - 23:24 | Link to Comment yrad
yrad's picture

Raising Arizona

Tue, 09/04/2012 - 23:23 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Well, let's see now. If I do the math correctly, I come up with...oh...35 of 36 weeks this year I've been on unemployment. One week I actually had a short - and I mean SHORT - term temporary assignment. Then my father died. And my mother almost did as well, in the same week.

Yeah, it's been a kick-ass year for me.

Funemployment, it has not been. I can guarantee you that much.

Tue, 09/04/2012 - 23:53 | Link to Comment Moon Pie
Wed, 09/05/2012 - 00:35 | Link to Comment blunderdog
blunderdog's picture

sweet link

Wed, 09/05/2012 - 05:50 | Link to Comment OldPhart
OldPhart's picture

"The followng info-graphic sheds more light how the 'official' unemployment figures are much lower than they really are."

Not to be a fact checker asshat, but  you DO mean higher, right?

Wed, 09/05/2012 - 06:06 | Link to Comment I am Jobe
I am Jobe's picture

women should learn to bend over in the USSA- Learn Chinese and be a whore to a Chinese Banker or Businessman.

Wed, 09/05/2012 - 06:23 | Link to Comment Heroic Couplet
Heroic Couplet's picture

Panic! We need more tax cuts for the wealthy! Drop everything!! We need more tax cuts for the wealthy! Hurry, Congress, Hurry Mitt, Hurry, Hurry, Hurry, Karl, Hurry Rush. We need more tax cuts for the wealthy! /end Republican bullshit

Wed, 09/05/2012 - 07:31 | Link to Comment Watauga
Watauga's picture

You are a sad, sad fool. 

Thu, 09/06/2012 - 07:07 | Link to Comment dsg2003gt
dsg2003gt's picture

...We do. Why should anyone be paying to fund this nation's handouts and wars?

 

Wed, 09/05/2012 - 07:58 | Link to Comment midtowng
midtowng's picture

One big mistake in the above chart: food stamps don't keep people from returning to work. People getting food stamps ARE working already. They just aren't making much money.

Wed, 09/05/2012 - 08:05 | Link to Comment GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

If this country is going the way of Greece it might be helpful to start factoring in the number of people that have committed suicide in the past month and are no longer seeking employment... because they are dead.

http://www.spiegel.de/international/europe/economic-crisis-triggers-wave...

Wed, 09/05/2012 - 08:39 | Link to Comment GeezerGeek
GeezerGeek's picture

Who cares if the dead no longer seek employment? The important thing is that they can still vote:

http://www.thegatewaypundit.com/2012/09/voter-group-finds-30000-dead-peo...

"No interment without representation!" After all, the dead pay taxes too, at least the rich ones.

Wed, 09/05/2012 - 08:33 | Link to Comment Lord Koos
Lord Koos's picture

God I hate this bullshit -- "...reliance on food stamps keeps the unemployed from returning to work".  What the fuck, it's the fault of food stamps that there aren't enough jobs to go around?  I suppose if people were starving then jobs would magically appear?

Wed, 09/05/2012 - 09:14 | Link to Comment rambo1028
rambo1028's picture

No.... see above link posted by goodmorningmr.v re: suicides for the answer you seek...

Thu, 09/06/2012 - 01:45 | Link to Comment agagshoes
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