Just a little misleading to the common man…
Check it out:
How does unemployment go up if there was healthy job creation? Both things supposedly happened last month. As the Wall Street Journal’s headline juxtaposition puts it, “U.S. Adds 257,000 Jobs; Unemployment Ticks Up to 5.7%.”
This goes to prove that the points made by Gallup CEO Jim Clifton in his case for treating the government’s official labor statistics — or, more precisely, the use made of them by politicians and the media — as misleading.