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General News    H4'ed 5/13/20

US Jobless Rate Broke Depression-Era Record - but Most Media Missed It

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Message Dave Lindorff
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May 9 front page of the New York Times
May 9 front page of the New York Times
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By Davd Lindorff 

When the BLS announced the April jobless rate of 14.7%  last Friday, they included a long note saying that it was wrong. Their surveyors had incorrectly classified millions of workers who's said they were temporarily laid off as 'employed.' They said they true rate should have been 19.7%, but a BLS tradition of not correcting data once recorded meant they'd leave the number alone. Almost all the US media went along with that error or missed the note...

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At fair.org

 

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Dave Lindorff, winner of a 2019 "Izzy" Award for Outstanding Independent Journalism from the Park Center for Independent Media in Ithaca, is a founding member of the collectively-owned, journalist-run online newspaper (more...)
 

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