The US Bureau of Labor Statistics Net Business Birth/Death Model appears to be garbage/rigged/manipulated/politicized propaganda

http://charleshughsmith.blogspot.com/2016/07/neofeudalism-and-peasants-with.html

In 2009, the Economic Innovation Group figured more than 50,000 small businesses went poof as the Bureau of Labor Statistics reported 882,000 jobs were created by small business creation and expansion;

http://www.bls.gov/web/empsit/cesbdhst.htm

In 2010, the Economic Innovation Group figured more than 40,000 small businesses went poof as the Bureau of Labor Statistics reported 510,000 jobs were created by small business creation and expansion;

In 2011, the Economic Innovation Group figured negative small businesses growth/creation as the Bureau of Labor Statistics reported 490,000 jobs were created by small business creation and expansion;

Our jobs numbers are manipulated crap
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Monday, June 6, 2016; "The -4.8 print was considerably worse than the -0.8 expectation"; Dow Jones near highs = Rigged Financial markets and links

http://greensboroperformingarts.blogspot.com/2016/06/the-48-print-was-considerably-worse.html

Thursday, June 16, 2016; What Greensboro's News and Record and the Triad Business Journal aren't going to tell you about the economy

http://greensboroperformingarts.blogspot.com/2016/06/what-greensboros-news-and-record-and.html

Thursday, April 21, 2016; "ITG [Lorillard] to cut 500 jobs", afternoon even lower earnings 'expectation' highlights most won't be aware of even if they read them, and math

http://greensboroperformingarts.blogspot.com/2016/04/itg-lorillard-to-cut-500-jobs-afternoon.html

What is Donald Trump going to say about today's employment report described as "Weak, Sour, Soft, Disappointing, Fell Sharply, Far Short, Sharp Fall, Just 38,000, Stalls, Bombshell etc..."

http://greensboroperformingarts.blogspot.com/2016/06/what-is-donald-trump-going-to-say-about.html

Thursday, May 5, 2016; Business Journal's lipstick on a pig; "Mass layoffs in North Carolina slow down in April"; 7,041 masked April layoffs

http://greensboroperformingarts.blogspot.com/2016/05/business-journals-lipstick-on-pig-mass.html

Thursday, June 2, 2016; Once again Triangle Business Journal Staff Writer Lauren K. Ohnesorge misleads readers and the public on North Carolina layoff statistics

http://greensboroperformingarts.blogspot.com/2016/06/once-again-triangle-business-journal.html

Thursday, June 2, 2016; We are being lied to; According to the NC Commerce Department, there were 5,845 layoffs announced through all of 2015, but 7,453 through May, 2016

http://greensboroperformingarts.blogspot.com/2016/06/we-are-being-lied-to-according-to-nc.html

Monday, June 6, 2016; Does this look normal to you?; GDP Growth Expectations vs. S&P 500 and charts

http://greensboroperformingarts.blogspot.com/2016/06/does-this-look-normal-to-you-gdp-growth.html

"The -4.8 print was considerably worse than the -0.8 expectation"; Dow Jones near highs = Rigged Financial markets and links

Counter-intuitive, or just manipulated price discovery?

Sam Zell selling real estate as Greensboro's oligharchs get to go down with the ship, again

http://greensboroperformingarts.blogspot.com/2016/05/sam-zell-selling-real-estate-as.html

Former Morgan Stanley Chief Asia Economist: "...the world economy is in real trouble"

http://greensboroperformingarts.blogspot.com/2016/05/former-morgan-stanley-chief-asia.html

Does this look normal to you?; GDP Growth Expectations vs. S&P 500 and charts

http://greensboroperformingarts.blogspot.com/2016/06/does-this-look-normal-to-you-gdp-growth.html

"Where Will You Be When the End Game Begins?"; The End Game Already Began Somewhere around the Tech Bubble burst of 1999 and 2000

http://greensboroperformingarts.blogspot.com/2016/06/where-will-you-be-when-end-game-begins.html

What is Donald Trump going to say about today's employment report described as "Weak, Sour, Soft, Disappointing, Fell Sharply, Far Short, Sharp Fall, Just 38,000, Stalls, Bombshell etc..."

http://greensboroperformingarts.blogspot.com/2016/06/what-is-donald-trump-going-to-say-about.html

Factory Orders, but we are not in a recession, the economy is doing well and things are looking up

http://greensboroperformingarts.blogspot.com/2016/06/factory-orders-but-we-are-not-in.html

"Leaders face a no-win dilemma: any change of course will crash the system, but maintaining the current course will also crash the system."

http://greensboroperformingarts.blogspot.com/2016/06/leaders-face-no-win-dilemma-any-change.html

We are being lied to; According to the NC Commerce Department, there were 5,845 layoffs announced through all of 2015, but 7,453 through May, 2016

http://greensboroperformingarts.blogspot.com/2016/06/we-are-being-lied-to-according-to-nc.html

Once again Triangle Business Journal Staff Writer Lauren K. Ohnesorge misleads readers and the public on North Carolina layoff statistics

http://greensboroperformingarts.blogspot.com/2016/06/once-again-triangle-business-journal.html

Our fearless leaders never got around to fixing what was wrong in the financial industry

http://greensboroperformingarts.blogspot.com/2016/05/our-fearless-leaders-never-got-around.html

A couple reasons Why the Federal Reserve and other central banks won't let financial markets falter and some recent chart and pic porn

http://greensboroperformingarts.blogspot.com/2016/05/a-couple-reasons-why-federal-reserve.html

Six corporations control "almost all of the programming that we receive through our televisions"

http://greensboroperformingarts.blogspot.com/2016/05/six-corporations-control-almost-all-of.html

SGS Alternate Unemployment Rate (the measurement you rarely see)

The headline unemployment rate is the U3 measurement which current stands at 5.7%. U3 is argued by many as a political unemployment rate in that the measurement has become an unreliable measurement due to arbitrary adjustments. (1)

U6, also known as the real unemployment rate, stands at 12%. Many people suggest that U6 is a better measurement of unemployment as it includes short-term discouraged workers, marginally-attached workers, and those workers which work part-time as full-time employment is unavailable. (2)

Enter the SGS Alternate Unemployment Rate which adds in the long-term discouraged worker. When measuring SGS one finds a measured rate of roughly 23.2%. (3)

Why do you rarely, if ever, see the SGS Alternate Unemployment Rate published? SGS was published for years by the Bureau of Labor Statistics (BLS). However, the SGS rate was a political thorn in the side of belt way politicos. Hence in 1994 politicos ended the publication of SGS by the BLS.

Enter the private sector. The SGS calculation finds its basis in the monthly Employment Situation Report published by the BLS. Meaning, politicos can run but can’t hide as private concerns can easily calculate SGS and then publish the SGS rate privately.

Notes:

(1) http://www.bls.gov/news.release/archives/empsit_02062015.pdf


(2) http://unemploymentdata.com/current-u6-unemployment-rate/


(3) http://www.shadowstats.com/alternate_data/unemployment-charts