How the Labor Department finessed last week's unemployment numbers - NYPOST.com: "Brilliant! It was absolutely brilliant!
As you know by now, the Labor Department last Friday announced that the country had lost another 36,000 jobs in February.
Sure, that's a lot fewer than the amount of jobs the economy had been shedding last year. But if the pace of early 2009 had been maintained, none of us would be working by now.
So the slowdown in bad news was to be expected.
The brilliance of what Washington did with last Friday's numbers comes in the perception.
As I told readers in last Thursday's column, Americans were about to get snowed. If the February labor numbers were bad, the Obama administration was going to blame the recent snowstorms.
And, as I also mentioned in that column, the storms really wouldn't be a factor regardless of whether the number was good or bad."
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