It's difficult to have a meaningful national debate about economic policy when "headline numbers" are juiced to make things appear rosier than reality.
Since unemployment statistics are either suspect or blatantly bogus, we must look for other less manipulated statistics for some modicum of truth. Key statistics of employment, income and production are vital propaganda tools for the status quo, and the temptation to adjust them to manage perceptions is apparently irresistible.
Here in the U.S., unemployment statistics are a travesty of a mockery of a sham:
Real Unemployment Rate Rises To 11.4%, Difference Between Reported And Real Data Rises To Record (Zero Hedge)
Guggenheim On The US Jobs Growth "Mirage"
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