Government Labor Statistics: Lies and Damned Lies
By Dave Lindorff
2-5-10

For months, the various government departments dealing with things economic--Treasury, Commerce, Labor and of course the Council of Economic Advisers and the Federal Reserve, have been issuing soothing words that the nation’s economy is headed back up from the Great Recession that allegedly began in December 2007.

But now comes word from the Department of Labor that, whoops, we mis underestimated, as former President George W. Bush would say, the number of jobs lost. The Department of Labor’s Bureau of Labor Statistics is reporting that because of a “modeling error,â€