samedi 5 mai 2012

Les USA continuent de truquer leur chiffre du chômage par la manipulation de leur population active


US Added 115,000 Jobs In April, Huge Miss Of Expectations; Unemployment Rate 8.1%
ZeroHedge, 04/05/2012 (traduire en Français texte en anglais )
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Expectations were for an increase in non farm payrolls of 160,000, and a 8.2% unemployment rate. We got +115,000, and 130,000 privates. Unemployment rate at 8.1%, lowest since January 2009.



People Not In Labor Force Soar By 522,000, Labor Force Participation Rate Lowest Since 1981
ZeroHedge, 04/05/2012 (traduire en Français texte en anglais )
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it is just getting sad now. In April the number of people not in the labor force rose by a whopping 522,000 from 87,897,000 to
88,419,000.

Labor force participation Rate:


People not in labor force:



St. Louis Fed's "Not In Labor Force" Data Is Now Officially Off The Chart
ZeroHedge, 04/05/2012 (traduire en Français texte en anglais )
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The comedy continues: the April "Not in labor force" seasonally adjusted print: 88,419,000. And yet, the maximum reading permitted by St Louis Fed Not in Labor Force (LNS15000000) graph: 88,000,000. The data has now officially dropped off the chart. No further commentary necessary.




Real U-3 Unemployment Rate: 11.6%
ZeroHedge, 04/05/2012 (traduire en Français texte en anglais )
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Propaganda unemployment rate: 8.1%; Real unemployment rate: 11.6%. Reason for difference: organic growth of labor force which grows alongside the broader population. Don't be confused by cheap explanations on TV why the labor force should be declining (especially with ZIRP meaning pre-retirement workers have to stay in the labor force ever longer to supplant their meager fixed income): the widely accepted definition of the labor pool, that used by the CBO and all other government forecasting agencies, assumes a 90,000 growth in the labor force every month as it has to keep in line with the growth of the US population! The implication is simple: using a real labor force participation rate long-term average of 65.8%, the real unemployment rate in April was 11.6%, based on the 5.4 million additional workers that should be counted as part of the U-3 which then means that the real number of unemployed is not 12.5 million but 17.9 million, which in turn implies a 11.6% unemployment rate in the US. This also means that the spread between the propaganda, and the real number is now 3.5%: the most it has been since the early 1980s.




Mais comparés à l'Europe, les USA sont encore un eldorado... Au royaume des aveugles, les borgnes sont rois :
And You Thought American Unemployment Was Bad...
ZeroHedge, 04/05/2012 (traduire en Français texte en anglais )
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