Christie casts doubt on jobless figures and methodology of reporting
Gov. Chris Christie cast doubt on how jobless rate figures are derived.
During his Q&A portion of a town hall here today, he sounded skeptical about how the state’s jobless rate could climb while it still is adding more jobs.
He told about 750 people here that every month there are jobs-created figures that come directly from payroll reports, while the unemployment rate is derived from a poll of about 60,000 households in which questions are asked: Are you working, and are you looking for work.
Christie said that in order for the state’s jobless rate of 9.9 percent to be accurate even though it has added 20,000 jobs, they would have had to lose 603 jobs a day. “There is something screwy with the unemployment rate,’’ he said. (Mooney,PolitickerNJ)
https://www.politickernj.com/
The only reason it is screwy is it does not agree with the fat man.
When the adjusted unemployment figures come in next month they will be over 8%.
Guaranteed